TeraWulf Seeks $3.5 Billion Debt to Expand AI-Focused Data Center in Kentucky
TeraWulf targets a $3.5 billion debt raise led by Morgan Stanley to finance its Kentucky data center leased long-term by AI firm Anthropic.
Latest news
Corporate Power
Markets & Macro
U.S. Jobless Claims Fall Slightly as Layoffs Remain Historically Low Despite Slower Hiring
Initial U.S. jobless claims dipped to 215,000 amid a slowdown in June hiring, reflecting a labor market with minimal layoffs but reduced job growth momentum.
Energy & Climate
California Expands EV Rebates to Include Used Vehicles with Discounts up to $1,750
California broadens its electric vehicle rebate program to offer up to $3,500 for new EVs and $1,750 for used EVs, targeting first-time buyers with income and price restrictions.
Defense & Security
Azerbaijan and Serbia deepen military cybersecurity collaboration under bilateral plan
Military cybersecurity experts from Azerbaijan and Serbia met to enhance cooperation, share expertise, and plan joint exercises within their 2026 bilateral defense framework.
Defense & Security
Bitcoin, XRP, and Dogecoin Gain as US-Iran Technical Talks Continue Amid Rising Tensions
Bitcoin, XRP, and Dogecoin prices rebounded following ongoing US-Iran technical talks, despite escalating Middle East tensions and recent regional strikes disrupting the fragile ceasefire.
Energy & Climate
Kyrgyzstan Enacts Pioneering Climate Law to Strengthen Green Development
Kyrgyzstan has passed a comprehensive climate law establishing its legal framework to advance carbon neutrality and fulfill international environmental commitments.
Defense & Security
Shipping Stalls in Strait of Hormuz Amid Renewed US-Iran Hostilities
Renewed clashes between the US and Iran have severely disrupted shipping in the Strait of Hormuz, jeopardizing global oil and LNG supplies through this vital maritime corridor.
Corporate Power
Ubisoft Barcelona Begins Layoffs After Launch of Assassin’s Creed Black Flag Resynced
Ubisoft Barcelona has laid off 51 employees following the release of Assassin’s Creed Black Flag Resynced, as the studio shifts focus exclusively to the Rainbow Six franchise.
Corporate Power
Paradigm Expands Venture Fund to $1.2 Billion, Targeting Crypto, AI, and Robotics
Paradigm raised $1.2 billion for its latest fund, broadening its focus from crypto into AI and robotics to back cutting-edge technologies shaping the future.
Energy & Climate
Scientists Link North American Heat Wave to Climate Change Amid Accountability Debate
Experts say recent extreme heat in the US and Canada was virtually impossible without climate change, sparking debate over who bears responsibility for the crisis.