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Oracle's $165B AI data center Project Jupiter in New Mexico stays on schedule, boosting jobs and tax revenue.

Market News
14 Aug 2026, 22:45 WIB
Crypto Briefing
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Bullish
Oracle's $165B AI data center Project Jupiter in New Mexico stays on schedule, boosting jobs and tax revenue.

Oracle's massive $165 billion AI data center project, Project Jupiter, in New Mexico is progressing on schedule with over 2,700 workers on site and significant tax revenue generated even before completion. The campus will create thousands of construction jobs and support 1,500 permanent positions once operational. Oracle has also shifted its power strategy to cleaner fuel-cell technology to overcome regulatory hurdles and align with sustainable energy trends. This project marks one of the largest private infrastructure investments in the U.S. and highlights the growing AI infrastructure race.

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NVIDIA Board launches probe into CEO Jensen Huang over foreign intelligence concerns.

NVIDIA Board launches probe into CEO Jensen Huang over foreign intelligence concerns.

NVIDIA's Board of Directors has started an independent investigation after reports that CEO Jensen Huang was targeted by a foreign intelligence operation. The inquiry, led by independent directors and external counsel, aims to ensure no national secu...

Market News
Neutral
3 hours ago
Ether price drops 3.4% in one hour, liquidations hit $217.7M across major exchanges

Ether price drops 3.4% in one hour, liquidations hit $217.7M across major exchanges

Ether (ETH) saw a sharp price drop of 3.40% within one hour, falling to $2,122 on Binance's ETH/USDT spot market. Over the past 24 hours, ETH declined by 5.07%. During the one-hour period, liquidations of long positions across Binance, Bybit, and OKX...

Market News
Bearish
5 hours ago
Intel stock plunges 60% in 5 months, warning investors about concentrated holdings risk.

Intel stock plunges 60% in 5 months, warning investors about concentrated holdings risk.

The U.S. government’s 433.3 million Intel shares dropped from a $61 billion peak in June to $24 billion by November, a $37 billion loss in five months. This sharp 60% decline highlights the risks of holding concentrated positions, especially for indi...

Market News
Bearish
5 hours ago
FireFly Metals extends high-grade copper zone, boosting mine plan and economics for 2027 feasibility study.

FireFly Metals extends high-grade copper zone, boosting mine plan and economics for 2027 feasibility study.

FireFly Metals announced new drilling results at its Green Bay Copper-Gold Project, revealing significant lateral extensions of the high-grade core zone at the Ming Mine in Newfoundland. These results, including intercepts like 16.4m @ 9.2% CuEq and ...

Market News
Bullish
5 hours ago
Hyperliquid burns $1.64M worth of HYPE tokens to reduce supply via fee-to-burn process

Hyperliquid burns $1.64M worth of HYPE tokens to reduce supply via fee-to-burn process

Hyperliquid purchased and burned 21,040 HYPE tokens, valued at approximately $1.64 million, over a 24-hour period. The average price per token was $77.93. This burn was part of Hyperliquid's Assistance Fund initiative, which converts protocol fees in...

Protocol Fundamentals
Bullish
5 hours ago
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