US Supreme Court bucks Nvidia’s appeal to dismiss crypto class suit
Nvidia has lost a Supreme Court challenge to try stop an investor-led lawsuit that says it understated its GPU sales to crypto miners. Go to Source
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MicroStrategy stock surges 94% YTD as Bitcoin nears $100K
MicroStrategy stock has soared 94% in 2024, fueled by Bitcoin’s rally above $97,000, with $15 billion in unrealized gains. Go to Source
Nvidia sees bright future in agentic AI amid record Q3 revenue
The world’s most valuable company is focusing on AI systems or agents designed to exhibit autonomous decision-making. Go to Source
Nvidia overtakes Apple again as world’s most valuable company
Shares in Nvidia rose 2.84% during Tuesday trading, allowing the company to retake the top spot as the most valuable public company. Go to Source
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
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
