AI could consume more power than Bitcoin by the end of 2025

AI could soon surpass Bitcoin mining in energy consumption, according to a new analysis that concludes artificial intelligence could use close to half of all the electricity consumed by data centers globally by the end of 2025. The estimates come from Alex de Vries-Gao, a PhD candidate at Vrije Universiteit Amsterdam Institute for Environmental Studies…

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Instagram isn’t just for square photos anymore

Instagram now supports photos that have a 3:4 aspect ratio, meaning that when you upload a photo with that ratio, “it’ll now appear just exactly as you shot it,” Instagram head Adam Mosseri says in a Threads post. He also notes that “almost every phone camera defaults to” that format. An image from Instagram’s broadcast…

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Blink’s budget buzzer gets some worthwhile upgrades

Blink launched the second generation of its video doorbell this week. Amazon’s budget security camera company, Blink, has launched the second generation of its popular video doorbell. The new Blink Video Doorbell adds a head-to-toe view and improved video resolution. It can also now alert you when a person is at your door instead of…

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How private equity kills companies and communities

Today, I’m talking with Megan Greenwell, a former top editor at Wired and Deadspin, about her new book Bad Company: Private Equity and the Death of the American Dream. It comes out on June 10th, and it’s a searing account of how private equity goes far beyond impacting failing businesses and deeply affects and transforms…

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Senators probe whether RealPage pushed state AI law ban

Democratic senators are probing whether RealPage, a software company accused of colluding with landlords to raise rents, lobbied for a proposed ban on states regulating AI for the next decade. In a letter to RealPage CEO Dana Jones, four Democratic senators — Elizabeth Warren (D-MA), Bernie Sanders (D-VT), Amy Klobuchar (D-MN), Cory Booker (D-NJ), and Tina…

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