According to CNBC, UK-based Octopus Energy will spin off its AI platform unit Kraken at an $8.65 billion valuation. According to CNBC, this provides a concrete valuation datapoint for AI software within the energy and utilities vertical that equity and digital-asset traders can reference for relative-value comps and sentiment screens. According to CNBC, the shared snippet does not include details on listing venue or timing, so traders should review the full CNBC report for deal structure and capital-raising terms before positioning. According to CNBC, no cryptocurrencies were mentioned, implying any crypto impact is indirect via the broader AI narrative rather than direct token exposure.