Joshua Coleman

Federal government greenlights Palmer Luckey’s crypto-friendly banking startup Erebor

Erebor, Palmer Luckey’s ambitious crypto-friendly digital banking startup, has received conditional approval from regulators to begin operations, federal officials announced Wednesday. As The Post was first to report, Luckey, the 32-year-old tech mogul known for running the fast-growing defense company Anduril, is a major backer of Erebor — which aims to provide a stable option…

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Europe’s Troubled Bet on AI Factories

It has become the latest gold rush in Europe: mobilizing public funds to build AI factories and gigafactories. These data centers will feature high-performance servers and AI chips, cooled by industrial water systems and powered by nearby energy grids. Even as proponents present AI factories as the continent’s best hope of catching up in the…

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