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OpenAI plans $750B infrastructure spend by 2030, launching $20B Georgia data center project.

Market News
22 Jul 2026
TechCrunch
View Source
Neutral
pluang ai news

OpenAI announced it will invest $750 billion in infrastructure through 2030, a 25% increase from earlier estimates. The first major project is a $20 billion data center campus in Georgia, called Project Camellia, which will cover 1,400 acres and draw 3.2 gigawatts of power. The data center is expected to start receiving power between 2028 and 2032, with OpenAI covering all infrastructure and electricity costs. This expansion highlights OpenAI's commitment to scaling its AI capabilities, though details on the energy mix remain unclear amid concerns over increased natural gas capacity in the region.

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AI use grows among sports fans in 2026, with accuracy key to trust; many want a single sports app but few will pay for it.

AI use grows among sports fans in 2026, with accuracy key to trust; many want a single sports app but few will pay for it.

In 2026, AI usage among sports fans rose to 69%, with accuracy being the top factor driving trust in AI-generated sports content. Nearly half of fans want a consolidated sports app to simplify their experience, though only 29% are willing to pay for ...

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LayerZero ends support for 15 blockchains by Aug 28, 2026; users must move funds or lose access.

LayerZero ends support for 15 blockchains by Aug 28, 2026; users must move funds or lose access.

LayerZero will stop supporting 15 blockchains on August 28, 2026, affecting users who bridged tokens via Stargate and left funds on these chains. Without the LayerZero DVN and Executor services, users cannot move or redeem their bridged tokens, effec...

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Bearish
4 hours ago
XRP gains 50% in a week, but German tax rules mean most gains are still taxable.

XRP gains 50% in a week, but German tax rules mean most gains are still taxable.

XRP's price rose over 50% in the past week, reaching $1.51, outperforming Bitcoin's 23.6% gain. However, in Germany, XRP gains are tax-free only if held for more than one year. Most investors with real gains bought XRP less than a year ago, meaning t...

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Neutral
4 hours ago
Bank of America preferred shares yield 6.6%, offering stable income amid strong bank performance.

Bank of America preferred shares yield 6.6%, offering stable income amid strong bank performance.

Bank of America (BAC) preferred shares Series NN and QQ currently yield 6.6%, providing an attractive income option compared to long-term U.S. Treasuries. The bank's solid operating results, including rising net interest income and steady loan growth...

Market News
Bullish
4 hours ago
Most Volksbanken offer limited crypto trading via DZ Bank's meinKrypto platform, with varied availability and fees.

Most Volksbanken offer limited crypto trading via DZ Bank's meinKrypto platform, with varied availability and fees.

As of August 2026, only a few Volksbanken publicly offer crypto trading through the DZ Bank-operated meinKrypto platform, accessible via the VR Banking App. The service is licensed under EU regulations and allows trading of Bitcoin, Ethereum, Litecoi...

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Neutral
4 hours ago
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