Crypto Biz: Is AI the exit strategy for miners?
Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal. Go to Source
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Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal. Go to Source
Bitwise analysts say Bitcoin trades in a historical value zone, but hawkish Federal Reserve signals and a competition for liquidity could sideline buyers. Go to Source
Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Institutions Buy the Dip Strategy purchased an additional 1,550 BTC for approximately $101 million, according to data circulating Monday. The move came as bitcoin traded near … Read more
Intel says it will launch a new artificial-intelligence data-center chip this year to challenge Nvidia and AMD, betting that cheaper memory and lower power draw can win over operators building out compute capacity. A Cheaper Bet on AI Inference The plan, flagged in a widely shared market update, centers on a data-center graphics processing unit … Read more
Nvidia has released Nemotron 3 Super, a 120 billion total parameter open hybrid model designed to cut the compute cost of running artificial intelligence (AI) agents at scale. Key Takeaways: Nvidia released Nemotron 3 Super, a 120B-parameter open MoE model activating only 12.7B parameters per forward pass. Nemotron 3 Super delivers up to 7.5x more … Read more
A federal judge in California granted class certification on March 25 in a long-running securities fraud lawsuit accusing Nvidia of hiding more than $1 billion in cryptocurrency-driven GPU revenue from investors. Judge Rules Nvidia Investor Fraud Lawsuit Can Proceed as Class Action U.S. District Judge Haywood S. Gilliam Jr. of the Northern District of California … Read more
This week saw the artificial intelligence (AI) industry rocked by a potential Microsoft-OpenAI legal dispute over a $50 billion Amazon cloud partnership, Nvidia announcing $1 trillion in chip orders at its GTC developer conference, and new federal warnings that surging AI data center demand is destabilizing the U.S. power grid. Microsoft Eyes Legal Action Microsoft … Read more
A decentralized AI experiment once confined to crypto circles just earned a public nod from Nvidia CEO Jensen Huang, signaling that distributed model training may be inching closer to the mainstream. Open Source AI Momentum Builds With Nvidia CEO Endorsement Chamath Palihapitiya spotlighted Bittensor’s Covenant-72B during an episode of the All-In Podcast, framing it as … Read more
The artificial intelligence (AI) arms race just got another shot of rocket fuel after Nvidia dropped a cool $2 billion on AI cloud builder Nebius, signaling that the next frontier of computing won’t be fought with clever code alone—it’ll be fought with gigawatts of electricity and warehouses full of silicon. Nvidia’s AI Bet: $2B Investment … Read more
U.S. stocks pulled back Thursday as investors digested blockbuster artificial intelligence (AI) earnings, rising oil prices and fresh tariff pressures, leaving Wall Street in a cautious mood after a two-day rally. Markets Retreat Despite Strong Earnings, Oil Climbs on Iran Talks As of about 12:40 p.m. EST on Feb. 26, U.S. equities were firmly in … Read more