[Sep 21, 2023 1:30 PM] According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence…
[Sep 21, 2023 9:09 AM] Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.
[Sep 13, 2023 4:20 AM] Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed at preventing the misuse of AI's capabilities for harmful purposes.
[Sep 11, 2023 2:39 AM] Meta is reportedly in the process of building a new, more powerful and open-source AI model to rival the most powerful systems of its rival OpenAI.
[Sep 5, 2023 2:19 AM] The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week.
[Sep 1, 2023 6:40 AM] The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries.
[Aug 31, 2023 7:04 AM] U.S. regulators have told AI chip maker Nvidia and its rival AMD to curb exports of high-level semiconductor chips used to develop AI to certain Middle Eastern countries.
[Aug 29, 2023 8:26 AM] Iris Energy has invested $10 million in the latest generation of Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining.
[Aug 24, 2023 3:00 PM] Crypto tokens with Artificial Intelligence (AI) applications have outperformed other assets as chipmaker Nvidia reached an all-time high. The legacy company’s stock price saw important gains as its bet on the AI sector paid off. As of this…
[Aug 3, 2023 4:54 AM] The AI chip developing company Tenstorrent just closed a funding round worth $100 million, which was led by manufacturing giants Samsung and Hyundai.
[Jun 29, 2023 3:03 AM] Officials in the United States are considering restricting the computing power of chips to lessen the flow of AI chips available in the Chinese market.
[Jun 2, 2023 3:30 PM] This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.
[May 29, 2023 7:22 AM] The company behind the world’s most powerful chip for developing AI tools revealed more AI-powered products including an AI supercomputer platform.
[May 25, 2023 7:00 AM] The chip developer released its second-quarter revenue forecast, which was 50% higher than market estimates, followed by a 28% increase in company shares.
[Mar 30, 2023 3:00 AM] Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its…
[Mar 15, 2023 1:30 PM] After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto…
[Dec 12, 2022 11:30 PM] Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include…
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