Officials in the U.S. are considering restricting the level of computing power on chips to lessen the flow of AI chips available in the Chinese market.
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Officials in the U.S. are considering restricting the level of computing power on chips to lessen the flow of AI chips available in the Chinese market.
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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.
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Nvidia share prices have more than tripled since October last year as demand for AI tech surges.
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The company behind the world’s most powerful chip for developing AI tools revealed more AI-powered products including an AI supercomputer platform.
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The chip developer released its second-quarter revenue forecast which came in 50% higher than market estimates, followed by a 28% increase in company shares.
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Higher volatility, equity offerings and resistance to regulatory sanctions are just a few reasons why investors should keep an eye on BTC.
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Nvidia’s CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company’s ability to estimate it.
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