Author: NCIJ NETWNCIJ NETWORK

Hyperscale Data expects revenue to reach as much as $350 million in 2027, although the AI expansion consuming its Bitcoin holdings may contribute less than one-sixth of the total.In a statement this week, the company said that this projected revenue would triple the roughly $102 million generated in 2025. Its Adjusted EBITDA is projected at $60 million to $80 million for the year.Instead, the firm added that most of its revenue for the impending year would come from lending, digital assets and portfolio companies.Executive Chairman Milton “Todd” Ault III said the forecast reflects the combined contribution of Hyperscale’s three operating…

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A craving for sweets may have helped set the stage for the evolution of the human brain. Over 4 million years, our lineage’s brains grew from about 300 grams to 1,500 grams. Much of the brain growth occurred before early humans had mastered both fire and cooking, which would have unlocked access to the energy of starches. A new analysis of existing data from human ancestors, as well as chimps, suggests that a large proportion of that energy probably came from sugary foods like fruits and honey. These simple carbohydrates may have played an important, overlooked role in humankind’s evolutionary…

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HAMLET, N.C.—Steel skeletons of two-story buildings jut from the landscape strewn with building supplies, the site of a $10 billion Amazon data center touted as the largest economic development project in state history. Yet many residents vehemently oppose it. Richmond County officials secretly crafted the deal, which includes significant tax breaks for Amazon, then sprung it on an area already encumbered by pollution.  Sources in the county include two rock quarries, an asphalt plant, a company that processes wood pellets, a facility that turns railroad and landscaping ties into biochar, a poultry slaughterhouse and a natural gas power plant.  On…

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