Microsoft and OpenAI plan to invest $100 billion to build the Stargate supercomputer
2024-03-29 17:43:27
On March 30th, according to The Information, insiders revealed that Microsoft (MSFT. O) and OpenAI executives have been developing plans for a data center project that will include a supercomputer with millions of dedicated server chips to power OpenAI's artificial intelligence. The project could cost $100 billion, according to insiders. Microsoft may be responsible for funding the project, which will cost 100 times more than some of the largest data centers today, indicating that building computing power for artificial intelligence may require significant investment in the coming years. The executives envision that the supercomputer Stargate, planned to be built in the United States, is the largest in a series of facilities planned by the two companies over the next six years.
7x24 Newsflash
10:44 2025-04-07
U.S. cryptocurrency concept stocks fell premarket, Coinbase fell 6.65%According to market data, U.S. cryptocurrency concept stocks fell premarket, including: · Coinbase fell 6.65%; · Riot Platforms fell 2.19%; · Hut 8 Corp. fell 4.37%.
10:41 2025-04-07
BitMEX Report: 58.33% of Perpetual Contract Tokens Listed on BitMEX Appreciate After Day 1On April 7th, according to the 2025 Quarter 1 (between the beginning of 2025 and March 18, 2025) derivatives report released by BitMEX, the performance of BitMEX in the quarterly contract listing was as follows: 58.33% of the BitMEX listings of perpetual contract tokens appreciated after the first day, and the realized returns were: average return of 62.55%, median return of 23.21%, and maximum return of 296.44%. In addition, only 41.7% of BitMEX listings reached an all-time high price on the fi...
10:41 2025-04-07
HTX DAO officially launched a position voting tool, continuously improving the decentralized governance systemAccording to official news, HTX DAO has officially launched a position voting tool on April 7, allowing $HTX holders to vote on HTX DAO's HIP (HTX Improvement Proposal) proposal. This function marks that $HTX governance rights have been fully enabled, and the HTX DAO decentralized governance system will be further expanded.
HTX DAO is dedicated to enabling community members to deeply participate in the decentralized construction of the exchange, forming a co-construction, co-governance, and shar...
10:35 2025-04-07
The Federal Reserve is expected to cut interest rates urgentlyExpectations of an emergency rate cut by the Federal Reserve are rising with no sign that Mr. Trump will back down on tariffs. Swap transactions show a roughly 40 per cent chance of the Fed cutting rates by 25 basis points next week, well ahead of the Fed's rate decision scheduled for May 7. At the same time, investors have sold risk and snapped up bonds, sending yields tumbling. On Monday, the yield on the two-year Treasury note, the most sensitive to monetary policy, fell 22 basis points to 3....
10:29 2025-04-07
A whale deposited $5 million USDC to the exchange and opened Bitcoin 20 times leverage multiple ordersAccording to on-chain analyst Onchain Lens, a whale deposited $5 million USDC into the exchange and opened a 20x leveraged long position in Bitcoin at $77,231.
10:14 2025-04-07
BTC breaks through $77,000The market shows that BTC has exceeded $77,000 and is now quoted at $77,014, with a 24-hour decline of 7.07%. The market is volatile, so please do a good job in risk control.
10:02 2025-04-07
The Federal Reserve Board will hold a closed-door meeting on April 7 local timeOn April 7, according to the Federal Reserve's official website, the board of directors of the Federal Reserve System is expected to hold a closed-door meeting at 11:30 am local time on April 7. After the meeting, the final announcement on the matters discussed will be published on the board's website.
Note: The Federal Reserve Board of Directors is the governing body of the Federal Reserve System and is responsible for setting monetary policy and supervising the U.S. Banking and Financial Insti...
09:56 2025-04-07
OKX Global Chief Commercial Officer Lennix: Bitcoin is becoming a more transparent and reliable reserve assetOn April 7th, Lennix, the global chief commercial officer of OKX, was invited to attend the "2025 Hong Kong Web3 Carnival" summit and participate in the roundtable discussion on the theme of "Bitcoin as the Next Global Reserve Asset". During the discussion, Lennix said that with the continuous changes in global trade wars and tariffs, especially under the influence of the tariff policy implemented by the United States on other countries, Bitcoin is gradually being regarded as a more transparent ...
09:41 2025-04-07
Binance and Worldpay partner to launch Apple Pay and Google Pay payment capabilitiesOn April 7, Binance announced a strategic cooperation with Worldpay, a global payment technology giant, to support users to purchase cryptocurrencies through Apple Pay and Google Pay from now on. Users now only need to bind a credit or debit card in Apple Pay or Google Pay, and can directly purchase cryptocurrencies with fiat currency on the Binance App or official website to enjoy a smoother transaction experience.
Thomas Gregory, vice president of Binance's fiat business, said: "Worldpay...
09:26 2025-04-07
Arthur Hayes: Been building a position in Bitcoin today and will continue to buyBitMEX co-creator Arthur Hayes said in a post that he has been slowly buying BTC today and will continue to buy. Counterfeit products are approaching our entry range, but I think Bitcoin's dominance will continue to approach 70%. So we are not buying up counterfeit products in supermarkets.
09:05 2025-04-07
Total Cryptocurrency Market Cap Drops to $2.50 trillion, Down 10.5% in 24 HoursAccording to Coingecko data, the total market value of cryptocurrencies fell to $2.502 trillion, a decline of 10.5% in 24 hours. On the day Trump's second term officially took office (January 20), the total market value of cryptocurrencies was 3.621 trillion dollars, and the total market value of cryptocurrencies has decreased by about 1.121 trillion dollars since Trump took office, a decline of 30.9%.
08:59 2025-04-07
GMX v1 liquidates old BTC positions incurs $13 million fee, part of which will be used to repurchase GMXAccording to @SigmaSquared, the GMX v1 platform recently liquidated an old BTC position, incurring more than $13 million in fees, including borrowing costs.
It is reported that 30% of this fee will be used to buy back GMX tokens. In addition, he mentioned that there is a TWAP (Time Weighted Average Price Order) worth 4 million dollars that is acting on tokens with a market cap of 100 million dollars.
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