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US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge

Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22. 8 billion on June 15 amid a surge in their stock price during June. According to a recent analysis by JP Morgan, the growth is driven by an increase in network hashrate share and diversification into artificial intelligence (AI) data […] The post US-listed Bitcoin miners hit record $22. дальше »

2024-6-18 04:39


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Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI

Tesla shareholders sued CEO Elon Musk and other executives for enriching xAI at the auto company’s expense on June 13. The plaintiffs claimed that xAI, an artificial intelligence firm Musk created in 2023, has poached employees from Tesla, diverted at least $500 million in GPUs from Tesla to X, and used Tesla’s data for xAI […] The post Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI appeared first on CryptoSlate. дальше »

2024-6-14 03:11


Rinascimento Ai Launches New AI-Driven Platform for Biweekly Crypto Investment Returns

Rinascimento Ai is excited to introduce a groundbreaking platform designed to revolutionize yield generation in the cryptocurrency market. Utilizing advanced Artificial Intelligence technologies, thisThe post Rinascimento Ai Launches New AI-Driven Platform for Biweekly Crypto Investment Returns appeared first on AMBCrypto. дальше »

2024-6-14 17:05


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Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round

Artificial intelligence firm xAI has secured $6 billion in a Series B funding round, according to a May 27 statement. Elon Musk, the company’s founder, revealed that its pre-money valuation was $18 billion, meaning this latest funding round boosted its valuation to $24 billion—a significant milestone considering the firm launched just 11 months ago, in […] The post Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round appeared first on CryptoSlate. дальше »

2024-5-28 16:06


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Could Bitbot benefit after Nvidia’s blockbuster quarter?

Nvidia Corp reported another blockbuster quarter last week but Dan Ives of Wedbush Securities is convinced “the party is just getting started” for artificial intelligence. Nvidia report bodes well for the AI projects The semiconductor behemoth issued impressive guidance as well on May 22nd and announced s 10-for-1 stock split after its share price surpassed […] дальше »

2024-5-28 14:49


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As tech giants shift focus to small language models, Choise.ai launches AI-powered L2 blockchain for enterprises

Artificial intelligence companies like Apple, Microsoft, Meta, and Google, which have invested billions in large language models, are now turning to small language models to boost revenues. These new AI models, recently released by the tech giants, have fewer “parameters” — variables used to train AI systems — but still offer powerful capabilities. This shift […] дальше »

2024-5-20 16:40


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Is Algotech a ‘buy’ after reports of Bezos involvement in Amazon AI efforts?

Jeff Bezos is reportedly concerned that Amazon.com Inc may be falling behind its big tech peers in artificial intelligence. Bezos sees transformative potential in AI An anonymous source that talked to CNBC this week also revealed that the founder and former chief executive is “very involved” in what $AMZN is doing to excel in the […] дальше »

2024-5-17 21:56