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
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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
Japan’s Sakana AI partners Nvidia for research, raises $100M
The Tokyo-based startup raised $100 million in a Series A funding round led by New Enterprise Associates, Khosla Ventures and Lux Capital, with participation from Nvidia. Go to Source
Unified Global Framework Crucial for Multi-Trillion-Dollar RWA Market, Says Finance Veteran
The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder and CEO of INX. Datika, a veteran of both traditional and digital finance, argues that such a framework would not only provide clarity but also … Read more
Bitcoin price targets include $50K as Nvidia crash shakes Nikkei, gold
Bitcoin investors join risk assets in a “rush to the sidelines” amid BTC price lows of under $56,000. Go to Source
Nvidia posts historic one-day loss after US antitrust subpoena
US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed. Go to Source
Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows. Go to Source
Crypto Biz: Telegram and OpenSea on authorities’ radar
This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising. Go to Source
Apple, Nvidia among prospective investors in OpenAI’s multibillion-dollar fundraising
Tech giants such as Apple, Nvidia and Microsoft are investing in OpenAI’s upcoming funding round, which could raise its valuation to over $100 billion. Go to Source
Nvidia Q2 revenue beats expectations in record-setting boost to AI sector
The company expects next quarter to be even better with improvement expected across nearly every vertical. Go to Source
