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US Tech Giants Sign White House "Ratepayer Protection" Pledge on AI Data Center Energy Costs
On Wednesday, Amazon, Google, Meta, Microsoft, OpenAI, Oracle and xAI signed a non-binding White House pledge to cover the energy needs of their AI data centers without shifting costs to consumers. US President Donald Trump said data centers "need some PR help" and claimed the agreement aims to ease public concern that new facilities will raise electricity bills as AI-related power demand grows toward 2028.
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Nvidia CEO Jensen Huang signals no further major OpenAI funding as IPO approaches
Speaking at the Morgan Stanley Technology, Media & Telecom Conference on March 5 2026, Nvidia CEO Jensen Huang said the company's $30 billion investment in OpenAI could be its final large commitment ahead of a potential OpenAI IPO later this year. Huang also indicated Nvidia is unlikely to proceed with a previously discussed $100 billion infrastructure plan or expand its $10 billion stake in Anthropic, while OpenAI CEO Sam Altman is facing user backlash and revising Pentagon contract terms over military use of its AI tools.
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Anthropic annual revenue races past $19 billion as ITI challenges Pentagon risk move
On March 5, 2026, Anthropic reported that its annual revenue has climbed beyond $19 billion, more than doubling from a $9 billion run rate late last year, driven by greater usage of its AI models and tools such as Claude Code. On the same day, the Information Technology Industry Council sent a letter to U.S. Defense Secretary Pete Hegseth warning that a prospective supply chain risk designation arising from a procurement dispute could curb federal access to leading American tech services. The policy clash follows a recent decision by President Donald Trump to order a federal agency‑wide ban on Anthropic with a six‑month phaseout and comes as the company, now valued at about $380 billion, signs a three‑year AI cooperation MoU with the Rwandan government in Kigali.
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Xiaomi targets yearly smartphone chips and trials humanoid robots in EV plants
On March 4 2026 in Barcelona, Xiaomi president Lu Weibing said the company aims to introduce an updated in-house smartphone processor every year after launching its first XRing O1 chip built on a 3 nanometer process. He added that Xiaomi is preparing an international AI assistant linked to its future electric vehicle sales abroad, while humanoid robots are already being tested on EV factory lines to handle tasks such as installing nuts and moving materials.
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ECB survey: Only 25% of European firms invest in AI as usage nears two‑thirds of businesses
In research based on its 2025 survey on Access to Finance Enterprises, the European Central Bank reported that about two‑thirds of European firms use AI, but only around 25% invest in it. Larger companies show usage rates of about 90%, yet many rely on free or open‑source tools instead of paid enterprise solutions, and AI adoption is more often linked to hiring and productivity gains than job cuts.
NEAR
NEAR-6.87%
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Bitcoin and stablecoins dominate 9,072-scenario AI money study, BPI data shows
A study by the Bitcoin Policy Institute tested 36 frontier AI models from six major developers across 9,072 monetary scenarios and found bitcoin was chosen in 48.3% of responses overall, including 79.1% of long-term store-of-value cases. Stablecoins led payment-related questions with 53.2% of responses compared with 36% for bitcoin, while 90.8% of all answers favored digital instruments over fiat and none of the models ranked fiat as their top overall preference.
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BTC
BTC+7.00%
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RippleX engineering lead outlines AI-based defenses to harden XRP Ledger security after Batch bug
RippleX Head of Engineering J. Ayo Akinyele has detailed how the team plans to reinforce XRP Ledger security after the recent Batch amendment bug exposed a critical destabilization risk. He explained that RippleX is rolling out an AI-assisted development cycle with automated code review, invariant detection and agent-based fuzzing to spot edge cases and attack scenarios before deployment. The upgraded process aims to minimize blind spots and ensure high-risk amendments undergo multiple audits while preserving the ledger's core security and reliability properties.
XRP
XRP+4.92%
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