Thursday, January 12, 2023

Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash (Nikou Asgari/Financial Times)

Nikou Asgari / Financial Times:
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash  —  Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender



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Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force that creates boom towns (New York Times)

New York Times : Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force...