MicroStrategy shares fumble as Q3 earnings fall just short of estimates
MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections. Go to Source
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Nvidia’s new open-source AI model beats GPT-4o on benchmarks
The new model appears to be a fine-tuned version of Meta’s Llama-70b. Go to Source
Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7
Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s … Read more
AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims … Read more
US and SEC back crypto sales suit against Nvidia in Supreme Court
The DOJ and the SEC say they have “strong interest” in the case and argue that the class-action suit should proceed. Go to Source
Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo
The tech is still experimental, but its implications could change how users view reality. Go to Source
AI will fight the ‘darker side’ of AI — Nvidia CEO
Nvidia CEO Jensen Huang thinks that only AI will have the speed to fight AI-produced fake information. Go to Source
Bitcoin rallied above $65K, but will BTC price hold this level?
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally? Go to Source
Hut 8 launches GPU-as-a-service program for AI developers
The cryptocurrency mining company now has 1,000 Nvidia GPUs available. Go to Source
Nvidia denies receiving DOJ antitrust subpoena
Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe. Go to Source
