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US Tech Giant Commits to Covering Its Own AI Energy Costs to Prevent Resident Electricity Bill Hikes

2 hours ago

On Wednesday local time (March 5), Amazon, Google, Meta, Microsoft, OpenAI, Oracle and xAI signed a non-binding "User Protection Commitment." The companies pledged to "self-build, procure or purchase" the energy needed to operate their data centers, ensuring related costs are not passed on to ordinary consumers to prevent U.S. residential electricity prices from rising. It remains unclear how the White House will ensure corporate compliance with the commitment. Former President Trump noted public concerns that data center construction could push up electricity prices, but he promised this would not occur. AI data center power demand has already outstripped existing supply in some U.S. regions. By 2028, data center electricity consumption is projected to make up 12% of total U.S. electricity use. According to the U.S. Energy Information Administration (EIA), residential electricity prices are expected to increase by 6% in 2025 and continue rising through 2027 and 2028.
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NVIDIA Shifts H200 Production to Vera Rubin Hardware

On March 5, the Financial Times reported that Nvidia has reallocated TSMC’s manufacturing capacity away from producing its H200 chip to the next-gen Vera Rubin hardware, signaling the company no longer expects meaningful short-term growth in H200 sales. Unveiled earlier this year as Nvidia’s latest chip architecture, Vera Rubin is built for more complex AI systems and is seeing strong demand from top U.S. tech firms including OpenAI and Google.

3 minutes ago

Venice Founder: Hints and Replies will not be stored on the server, verifiable privacy protection is coming soon

On March 5th, Erik Voorhees—founder of Base Chain AI’s Venice project—noted that the Venice platform currently uses a privacy-by-design approach, where neither hints nor replies are stored or retained on Venice’s servers. Venice’s user base isn’t primarily crypto-focused, so these measures are sufficient for them. However, proving privacy protection is critical, and this is a pressing issue Venice urgently needs to address; verifiable privacy protection is coming soon. On March 3rd, Venice was named the recommended model provider for OpenClaw.

3 minutes ago

Yesterday's US Ethereum Spot ETF saw a net inflow of $169.4 million

On March 5, Farside data shows U.S. Ethereum spot ETFs recorded a net inflow of $169.4 million yesterday, with key breakdowns including: - BlackRock’s ETHA: $39.3 million net inflow - Fidelity’s FETH: $30.3 million net inflow ### Notes on American English adaptation: 1. **Conciseness**: Replaced "according to Farside monitoring" with "Farside data shows" (standard for financial alerts). 2. **Clarity**: Used bullet points for ETF breakdowns (common in U.S. news/finance briefs). 3. **Terminology**: - "U.S." (correct abbreviation for "United States" in formal/informal U.S. usage). - "ETFs" (plural, since the data covers multiple issuer products). - "Posted/recorded" (more precise than "saw" for financial metrics). 4. **Date format**: "March 5" (preferred over "March 5th" in U.S. casual/breif writing). If retaining `

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On March 5, Farside data indicates U.S. Ethereum spot ETFs posted a net inflow of $169.4 million yester

3 minutes ago

Yesterday, the US Bitcoin spot ETF saw a net inflow of $4.619 billion, with a total inflow of over $1.1 billion in the past three days.

On March 5, Farside data showed U.S. Bitcoin spot ETFs posted a net inflow of $461.9 million yesterday—their third consecutive day of net inflows, with total inflows surpassing $1.1 billion over the past three days. Notably, BlackRock’s IBIT recorded a $306 million net inflow yesterday, while Fidelity’s FBTC saw a $48 million net inflow.

3 minutes ago

AI-Powered Sleep Technology Company Eight Sleep Raises $50 Million in Strategic Funding Round, Led by Tether

On March 5th, AI sleep technology firm Eight Sleep closed a $50 million strategic funding round, with Tether leading the round. The company previously raised $100 million in August 2023. Eight Sleep specializes in sleep health products, spanning bedding and supplements. Tether expressed optimism about health tech’s potential in “longevity, performance, and disease prevention,” and will partner with Eight Sleep to develop AI-driven health tech products leveraging its QVAC architecture and edge intelligence technology.

3 minutes ago

Meme Coin Memecoin Market Cap Rebounds to $7 Million, 24-hour Gain Reaches 85%

On March 5, data from GMGN Monitoring shows Solana meme coin $memecoin has seen a steady uptick recently, extending gains today to push its market cap to roughly $7 million—currently sitting at $6.5 million—with an 85% 24-hour gain and ~$1.2 million in trading volume. The token has been in circulation for 243 days. The primary catalyst for this rally appears to be the meme coin’s community announcement that $memecoin will officially migrate from Bonk to Pump.fun at 2:00 AM Beijing time on March 4, with a 2-week migration window closing March 17. Previously, in July 2025, it hit an all-time high market cap of $57 million under the “just a memecoin” narrative. BlockBeats notes that meme coin trading is highly volatile, heavily reliant on market sentiment and hype, and lacks tangible value or use cases. Investors should exercise caution.

3 minutes ago