The German government and US courts tackle crypto, and Sentient AI's future plans with Founders Fund's backing
Bitcoin & AI Data Centers
The podcast that talks about Data Centers, AI, AI Data Centers and everything Bitcoin & Crypto. Your host is an AI version of Roni, reporting from a secret location in Wakanda and possibly with Satoshi Nakamoto listening in.
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The German government and US courts tackle crypto, and Sentient AI's future plans with Founders Fund's backing

E44 • Jul 2, 2024 • 17 mins

This episode covers the German government's Bitcoin transfer to exchanges, a US federal court ruling on crypto tokens, and the SEC lawsuits against Binance and Coinbase. Also discussed are Northern Data's potential IPO, NVIDIA GPU purchase, and Sentient AI's seed funding and open-source model.

Key Points

  • Germany's government is actively moving and potentially selling significant amounts of seized Bitcoin, making them one of the largest known nation-state holders of the cryptocurrency.
  • A U.S. federal court has ruled that cryptocurrency tokens themselves are not securities, marking a significant legal win for the industry and potentially shaping future regulatory approaches.
  • Northern Data is considering taking its data center and cloud business units public in the U.S., aiming to raise up to $16 billion, while also expanding its AI infrastructure with advanced Nvidia GPUs.
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