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The U.S. government has given the green light for the AI data center to be connected to the grid, requesting that the operators expedite the approval process.

1 hours ago

June 19, 2024 — The U.S. Federal Energy Regulatory Commission (FERC) issued a unanimous order Thursday mandating that the nation’s six major grid operators speed up interconnection requests from data centers and other large electricity users. Per the rule, grid operators must demonstrate that data centers can connect to the transmission system in a timely, orderly fashion, with data centers responsible for covering all associated interconnection costs. The full unanimous approval from FERC commissioners signals a clear push to reduce bottlenecks for high-power-demand facilities. FERC also moved to support grid technology startups by directing operators to evaluate “alternative transmission technologies.” Though not explicitly named in the order, this category could cover innovations like solid-state transformers or superconductive transmission lines. Operators face tight compliance deadlines: they must submit a report within 30 days outlining any available generation redundancy capacity, and either defend or revise their regional tariff structures within 60 days. The commission also instructed operators to expand support for data centers’ use of “behind-the-meter resources” — meaning customer-side self-generation or self-supply. To read the full original article or join BlockBeats’ Feishu AI News Channel for 24/7 global AI trend and news monitoring, click the provided link.
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The Modern Car Group plans to acquire SoftBank's remaining stake in Boston Dynamics for $325 million.

June 19 — South Korea’s Daily Economic News reported Friday that Hyundai Motor Group plans to acquire SoftBank Group’s remaining 9.65% stake in Boston Dynamics for $325 million, a deal that will turn the American robotics firm into its wholly owned subsidiary. Hyundai is scheduled to hold a board meeting on June 22 to greenlight the acquisition, according to unnamed industry sources cited in the report. SoftBank has notified Hyundai that it intends to exercise the put option agreed upon during an earlier stake sale for Boston Dynamics, to offload its remaining holding in the robotics company.

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Israeli Defense Forces: Target Over 80 Sites in Southern Lebanon in Response to Hezbollah's Repeated Violations of Ceasefire Agreement

On June 19, the Israeli Defense Forces (IDF) announced that in response to Hezbollah’s repeated violations of the ceasefire agreement, the IDF struck more than 80 sites in southern Lebanon, killing dozens of Hezbollah militants. (Financial Times)

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AI Marketing Workflow Automation Company Gradial Raises $65 Million in Series C Funding

On June 19, Seattle-based startup Gradial—specializing in deploying AI agents to automate enterprise marketing workflows—revealed it has closed a $65 million Series C funding round. Gradial is building a "marketing operating system" that lets AI agents complete tasks across dozens of tools large enterprises rely on, including Adobe, Salesforce, ServiceNow, and Databricks. The company’s customer roster features major clients such as AWS, Prudential, T-Mobile, Vanguard, Kaiser Permanente, and U.S. Bank. Click the link to the original article below to join BlockBeats’ official Lark AI News Channel, which monitors global AI trends and news around the clock.

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The South Korean Government Considers Easing the Threshold for Cross-Border Virtual Asset Transfers

June 19 — According to South Korean media outlet SBS, as South Korea’s virtual asset overseas transfer system is set to roll out this December, the government is considering expanding participation in the initiative to include financial technology (FinTech) firms beyond cryptocurrency exchanges. Industry insiders anticipate this move will formally open South Korea’s virtual asset-based cross-border remittance and foreign exchange market. Relevant government departments and industry stakeholders have confirmed that Seoul has recently begun drafting the enforcement decree for the revised *Foreign Exchange Transaction Act*, and is reviewing registration requirements for virtual asset transfer services. The partial amendment to the act was greenlit at a State Council meeting on the 2nd of this month, with a six-month transition period, and will take effect officially in December. The core of the legislation is to bring cross-border virtual asset transfers under the regulatory framework o

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Upbit will list RE

According to an official announcement, Upbit will list trading pairs for RE against KRW, BTC, and USDT on June 19th.

3 minutes ago

Iran Seeks Assurance Lebanon Hostility Will End Before Restoring Talks with US

June 19 — Per market sources, officials stated that Iran is seeking assurances hostile actions in Lebanon will end before resuming talks with the United States.

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