AI

Core Scientific will exit Bitcoin mining by the end of 2026, targeting a fourth-quarter wind-down, CFO Jim Nygaard said on Thursday's Q3 earnings call.

Apoorv Shankar, former VP of hardware at Ultrahuman, has unveiled the Aina Ring, a smart ring that acts as a remote control for AI agents.

The company is planning further reductions, with limits potentially falling to $100 a day and as low as $25 for some non-technical teams.

Australia’s AI and datacentre boom has yet to deliver visible benefits, while the Reserve Bank warns it is already adding to inflation.

Speaking on Cointelegraph’s Chain Reaction show on Wednesday, he said round-the-clock AI agents need a new accountability system.