Bessent backtracks, says Treasury committed to ‘exploring budget-neutral pathways’ to add Bitcoin

[ad_1] Treasury Secretary Scott Bessent confirmed the government may still expand its Bitcoin (BTC) holdings on Aug. 14, backtracking remarks made a few hours earlier. Bessent had told reporters during a television interview in the morning that the Strategic Bitcoin Reserve would remain at its current level. He said the reserve would consist of approximately…

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Guardrails AI Introduces Snowglobe: The Simulation Engine for AI Agents and Chatbots

[ad_1] Guardrails AI has announced the general availability of Snowglobe, a breakthrough simulation engine designed to address one of the thorniest challenges in conversational AI: reliably testing AI Agents/chatbots at scale before they ever reach production. Tackling an Infinite Input Space with Simulation Evaluating AI agents—especially open-ended chatbots—has traditionally required painstaking manual scenario creation. Developers…

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Google backs Bitcoin miner TeraWulf’s $1.8B AI project

[ad_1] TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant…

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South Korea’s Bifrost Partners with Japan’s SBI to Drive Bitcoin Adoption

[ad_1] South Korea’s Bifrost Network has partnered with SBI Digital Finance to accelerate Bitcoin adoption in Japan’s financial sector. The collaboration will focus on developing Bitcoin-backed stablecoin BtcUSD and creating regulatory-compliant BTC management frameworks. Partnership Targets Bitcoin-Backed Financial Products Under the agreement, both companies will explore practical Bitcoin use cases for institutional clients. They will…

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