Data centers demand power. They guzzle water. They may hike energy bills. In Memphis, for example, a gas-powered data center for artificial intelligence increased local air pollution, gulped about 150 homes’ worth of water in a month and could consume as much electricity as 200,000 homes in a year. In the mid-Atlantic region, data center […]

The post With Power-Guzzling Data Centers on the Way, New York Moves to Control Costs appeared first on THE CITY - NYC News.

With less than three months before the first World Cup soccer match at MetLife stadium, hotel bookings for the event are disappointing, suggesting that the predicted $3 billion economic boost will be far less. While Mayor Zohran Mamdani said earlier this month that the Cup has “the potential to be an immense economic driver in […]

The post World Cup Economic Bump Is Starting to Look Like a Bust appeared first on THE CITY - NYC News.

Every product team has a roadmap. Every marketing team has a funnel. But ask most SaaS and ecommerce leaders which single component has the greatest direct impact on their revenue, and you will hear a surprising amount of hesitation. The answer, increasingly, is the one piece of infrastructure that still gets treated as an afterthought: […]

The Warsaw-based fund, backed by the European Investment Fund and the Polish Development Fund, plans 20–25 pre-seed and seed investments in companies working on energy transition, industrial automation, and AI. The team behind Warsaw-based Montis Capital has raised €50 million at first close for a new fund, Montis VC, targeting European startups at the intersection […]

The Block:
Filing: the SEC approved a Nasdaq rule change allowing some securities to trade in tokenized form; the new approach will be tested in an upcoming pilot program  —  Quick Take  — Eligible participants will be able to settle trades in tokenized form during a pilot program operated by the Depository Trust Company.