Data center guzzled 30 million gallons of water and nobody noticed for months
Can AI save us from the AI industry’s endless thirst for water? Outlook not so good.
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Can AI save us from the AI industry’s endless thirst for water? Outlook not so good.
The funding breaks down into about $15.9 billion in loans, $2.1 billion in equity investments and $615 million in grants, says BMO.
OPEC oil output has declined to its lowest level since 2000, with production falling by 830,000 barrels per day (bpd) to an average of 20.04 million bpd in Apri

Federal prosecutors charged the trio with a multi-million dollar crypto theft scheme targeting victims across California.
Arbitrum delegates begin the binding governance process to transfer disputed exploit funds to Aave, while North Korean terrorism creditors continue fighting for
The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy.

US prosecutors say three men posed as delivery drivers and forced entry into homes to steal at least $6.5 million in crypto.

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price decline

Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.
Nike is in “cleanup mode,” but CEO Elliott Hill has confidence in the iconic American company, he told Craig Melvin for NBC’s “Business in America” series.
The pop star is suing the electronics giant for more than $15 million, accusing it of using her image without authorization.
U.K.-based Graphcore is developing AI chips and systems and was acquired by the Japanese giant in 2024.
The eVTOL maker reported an Ebitda loss of $97.2 million from sales of $10.1 million. Wall Street was looking for a $127 million loss from $8.7 million in sales
The move could save the oil company hundreds of millions, even as Texas lawmakers start looking at reining in incentives for data centers.
A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain.
Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.
Nearly 600,000 deposits worth $60 million have been collected for a gold T1 phone that has not been delivered to a single confirmed buyer, with terms quietly re
Your day-ahead look for May 11, 2026
Last week's purchases were funded by sales of the company's common stock.

Capital B raised $17.8 million from investors, including Adam Back and TOBAM, saying proceeds could help add 182 BTC to its treasury.