Madison Air Pulls Off Biggest U.S. Industrial IPO Since 1999 As Data Center Cooling Theme Heats Up

The US Grid Wasn't Built For This Authored by Tejasri Gururaj via Interesting Engineering, Global data center power demand is projected to hit 84 GW by 2027—a 50 percent jump from 2023 levels—with AI workloads accounting for 27 percent of that total, according to Goldman Sachs Research. The grid is strained by increasing demand from electricity-hungry data centers and electric vehicles.Getty Images The grid cannot keep up with AI. For decades, electricity demand grew slowly and predictably, giving utilities comfortable margins to plan capacity years in advance. That model broke almost overnight. Between 2023...

US-Israeli strikes in Tehran on Wednesday damaged a Russian Orthodox Church, the Russian Embassy in Iran has said, as the bombing campaign continues to have a devastating impact on civilians. “Two missile strikes on the morning of April 1st in the immediate vicinity of St. Nicholas Orthodox Cathedral in Tehran caused damage to the main […]

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Authored by Micah Zimmerman via BitcoinMagazine.com, Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.  The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the...