President Trump has said that in order for artificial intelligence to reach the scale we want, the United States needs to double its current energy supply. The energy emergency declaration is to speed up the U.S. regulatory approval process. We will allow very fast construction of energy plants that can run on any fuel they need.
OpenAI is working on an artificial intelligence to help senior software engineers handle more complex programming tasks, according to three people familiar with the matter, a key step in the company's attempt to develop general artificial intelligence (AGI) that can outperform humans at the most economically valuable jobs. According to one person who heard O...
Hours after Trump announced a major artificial intelligence investment, he was questioned by one of his closest allies, Musk, according to the AXIOS website. Musk's public sabotage of the $500 billion project led by OpenAI and other tech giants could anger Trump. The two have grown closer since Trump won back the White House, but this may be one of their most public disagreements to date....
According to CoinDesk, Swiss cryptocurrency trading platform and artificial intelligence-led investment house Smart Valor is exploring the possibility of selling all or part of its business. CEO and co-founder Olga Feldmeier said in an interview that the company is conducting a strategic review after receiving a large number of inquiries from large global exchanges, cryptocurrency platforms, and traditional financial (TradFi) institutions, including banks and trading platforms. The European Unio...
It is reported that ByteDance has invested more than 12 billion US dollars in artificial intelligence infrastructure this year, of which 40 billion yuan is prepared for the purchase of AI chips in 2025, which is twice the expenditure in 2024. Another plan is to invest about 6.80 billion US dollars overseas. In response, ByteDance officials responded to reporters: The relevant information is not accurate. ByteDance attaches great importance to the development and investment in the field of artifi...
Supported by the promising outlook for artificial intelligence, technology companies are likely to provide strong news in the upcoming earnings season, analysts said in a research report. Trump announced on Tuesday that OpenAI, Oracle and SoftBank will form a $500 billion joint venture, which analysts said could usher in a large wave of artificial intelligence investment in the United States. There could be $2 trillion in artificial intelligence-related capital spending over the next three years...
US President Donald Trump announces artificial intelligence project. According to Trump, OpenAI, SoftBank, and Oracle announced the "Stargate" project to invest at least $500 billion in artificial intelligence infrastructure. It is expected to create 100,000 jobs.
Some large institutional investors are shifting their sights from artificial intelligence chipmaker NVIDIA to the head cryptocurrency ETF, with data showing that Millennium Management's Israel Englander reduced its stake in NVIDIA by 12.5% in the third quarter of 2024. Capula Managment's Yan Huo decreased by 27.7% in the third quarter. Meanwhile, the two high-profile billionaire investors increased their holdings in bitcoin through BlackRock IBIT, where Englander increased its IBIT holdings by 1...
According to CNBC: US artificial intelligence company Perplexity AI has proposed to merge with TikTok US and submitted a takeover offer to TikTok parent company ByteDance. The new structure will allow most of ByteDance's existing investors to retain their stake.
The US FTC (FTC) has released a study on partnerships between big tech companies and the artificial intelligence (AI) industry. The FTC examined the partnerships between big tech companies and AI companies, and the report said the Microsoft-OpenAI partnership raised antitrust concerns. The FTC has already questioned major tech AI investments in 2024.
The US FTC (FTC) has released a study of partnerships between big tech companies and the artificial intelligence (AI) industry. The FTC examined partnerships between big tech companies and AI companies, and the report said the Microsoft-OpenAI partnership heightened antitrust concerns. The FTC has already questioned major tech AI investments in 2024.
Artificial intelligence company Genius Group (NYSE American: GNS) announced that its board of directors has approved a plan to proceed with a $33 million rights issue of the company's common stock, with 100% of the net proceeds from the rights issue going towards the purchase of bitcoin for the company's bitcoin vault. In addition, the company plans to seek one or more additional loan financings totaling up to $20 million. If the company succeeds in raising the maximum amount in the rights issue...
President Biden signs executive order to accelerate next-generation artificial intelligence infrastructure building.
Ronin Network launched the Ronin ecological artificial intelligence agent Jihoz, the token with the same name as Sky Mavis co-founder Jihoz.ron, launched through the Virtuals protocol and airdropped some JAIHOZ tokens to selected community members.
Artificial intelligence company Genius Group (NYSE American: GNS) announced the addition of $5 million to its bitcoin reserve, with a total value of $35 million and an average purchase price of $94,047 each. This amount represents 30% of the company's initial bitcoin reserve target of $120 million and is ahead of schedule.