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Bitcoin miners have $100B in AI deals but little revenue so far
On October 12, Blockspace disclosed that IREN sealed a multi-year cloud contract with Anthropic. However, both organizations have refused to make a confirmation. The more serious issue to consider would be if Bitcoin miners can make a profit from AI contracts. A deal no one will confirm Blockspace, citing the report from The Information, noted...Cryptopolitan
Tue, Oct 13
Kroger to cut 3,000 corporate jobs weeks after unveiling AI strategy
Kroger is planning to eliminate approximately 3,000 corporate jobs over the next three years, which will affect roughly 37% of the company’s overall corporate jobs of about 8,200. The cuts was announced by Kroger CEO Greg Foran on October 12, 2026, as reported by the Cincinnati Enquirer. The timing raises questions. Just 20 days earlier,...Cryptopolitan
Tue, Oct 13
Fairshake PACs' $2.7M House push tests crypto's path to clear rules
Two Fairshake affiliates are investing $2.7 million into U.S. House races before the midterm elections in November. But the industry’s ultimate objective of creating clear regulations for cryptocurrency in the U.S. is still a long way from being achieved. Where the money actually comes from Fairshake received a total of $137.9 million from January 2025...Cryptopolitan
Mon, Oct 12
The Federal Reserve is preparing for a rate hike cycle, along with the rest of the world
The Federal Reserve is preparing for another round of interest rate hikes, and central banks worldwide are moving in the same direction. Inflation is still causing problems, borrowing costs remain painful, and policymakers are increasingly convinced that keeping money expensive might be necessary. Anyone hoping interest rates would quickly return to pre-pandemic levels might want...Cryptopolitan
Mon, Oct 12
Binance launches AI market assistant as exchanges race on AI edge
Binance released its free AI trading assistant for English-speaking users on October 12, following the beta testing by about 150,000 individuals. The beta was launched on September 7. According to Binance, the tool will offer such features as portfolio performance summary, leading asset identification, and market news delivery in text or audio form. Users can...Cryptopolitan
Mon, Oct 12
Google and Meta adopt Nvidia networking gear at OCP summit
Nvidia said Google and Meta, two of its largest customers and its sharpest rivals in custom AI silicon, are picking up its networking hardware. The company made a set of announcements at the Open Compute Project Global Summit in San Jose on Monday. Will Google and Meta use Nvidia’s networking technology? Nvidia announced at the...Cryptopolitan
Mon, Oct 12
Can Trump’s diesel deal with Russia’s Putin actually work?
Trump wants to buy diesel from Russia to bring down fuel prices for American drivers. But can a deal with Vladimir Putin fix an energy crunch when Russia is still bombing Ukraine, Congress has already restricted Russian fuel, and the biggest disruption to global supplies is happening thousands of miles away? That is plenty for...Cryptopolitan
Mon, Oct 12
Meta takes on ChatGPT and Claude with two new AI models as Zuckerberg chases paying customers
Meta (NASDAQ: META) is coming after ChatGPT and Claude with two new artificial intelligence models, and Mark Zuckerberg wants customers to start opening their wallets. This company has developed a product line called Muse Wonder and Muse Wonder Full. These products are designed for people looking for AI assistants capable of managing everyday work and...Cryptopolitan
Mon, Oct 12
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