Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain. Go to Source
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The future of money and backbone of globalization 2.0 is the cost of consensus
The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization. Go to Source
Tech giant’s failed AI energy deals could pull power from Bitcoin
Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources. Go to Source
OpenAI in talks with regulators to become a for-profit company: Report
The $157 billion artificial intelligence giant wants to keep its nonprofit arm to pursue its mission of benevolent AI development. Go to Source
Alibaba reportedly cuts dozens from metaverse unit
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. Go to Source
Google Fuels Nigeria’s AI Ambitions With Million Dollar Grant
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s $5.8 million commitment to digital skills programs across Sub-Saharan Africa. The grant will aid Data Science … Read more
Apple’s AI-enhanced iPhones help tech giant’s earnings beat
Apple’s latest AI-infused iPhones have beaten analyst sales expectations for the quarter, pushing the tech player’s earnings past Wall Street estimates. Go to Source
New AI Tokens Gain Momentum: $PAI Leads The Charge With Strong Inflows And High-Profile Partnerships
AI-related tokens are rapidly gaining traction in the crypto market. Alongside high-cap tokens discussed in recent reports, SpotOnChain now closely monitors emerging and lower-cap AI tokens, providing valuable insights into Smart Money flows and first-time buyers’ investments. One token making waves is $PAI, associated with @ParallelAIx, which has seen impressive growth in interest. Over the … Read more
Binance partners with Amazon Web Services to enhance user experience
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers. Go to Source
AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices
Meta and Microsoft have reported better-than-expected earnings for the last quarter carried by their AI businesses, but muted outlooks saw their shares drop after hours. Go to Source
