News list for " billions of dollars"
US spot bitcoin ETFs have "sucked" billions of dollars this month, with options traders even eyeing $80,000.
Once in a century, a hurricane strikes, causing economic losses that could reach hundreds of billions of dollars. On how strong the "destructive power" of hurricanes in the United States is > >
1. It is reported that OpenAI will raise tens of billions of dollars to build AI infrastructure in the United States. 2. OpenAI launched the GPT Next program this year: AI performance jumped 100 times, Orion is expected to take over GPT-4. 3. Google upgraded the Gemini 1.5 Flash model, and the AI chat response speed increased by up to 50%. 4. Meta announced the download data of the Llama AI model family: the world's super 350 million and 3.1-405 B models are the most popular. 5. How was the firs...
NVIDIA (NVDA. O): Blackwell is expected to generate billions of dollars in sales in the fourth quarter.
On July 11, Bill Hwang, founder of Archegos Asset Management, was criminally charged for his company's 2021 bankruptcy. A two-month trial ended on Wednesday with the guilty verdicts of Bill Hwang and co-defendant Patrick Halligan, the chief financial officer. Bill Hwang, 60, pleaded not guilty to one count of conspiracy to defraud, three counts of fraud and seven counts of market manipulation, but was convicted on 10 of the 11 counts. Now, each conviction carries a maximum sentence of 20 years i...
On July 8, it was reported that the point person suspected of a multi-billion dollar KOK token fraud case has been arrested in the United States and is currently standing trial in an immigration court. South Korean authorities are working to extradite the person, and the two countries have discussed the matter. The South Korean Ministry of Justice declined to comment, saying that the investigation is still ongoing, which includes information involving diplomatic relations. The cryptocurrency KOK...
The judge overseeing a multibillion-dollar class-action lawsuit against GitHub, OpenAI, and Microsoft has partially dismissed charges against the defendants over alleged unauthorized use of intellectual property (IP) to train "GitHub Copilot" artificial intelligence (AI) coding software. It marks a victory for Big Tech and the artificial intelligence industry, which faces lawsuits accusing OpenAI of "plagiarizing" GitHub and using it without permission and without payment.
According to Bloomberg, decentralized finance (DeFi) project Pendle Finance has attracted billions of dollars in assets through an innovative market strategy. Pendle splits the profitable crypto assets into two tokens, similar to the strategy of separating principal and interest in the bond market. Although the platform has long maintained a total value lock-in (TVL) below $250 million since its launch in 2020, since January this year...
According to the latest data from L2beat, with the rise in ETH prices driving multiple L2 network TVLs higher, the total lock-up volume (TVL) of ZK Rollup L2 network Scroll has exceeded $700 million, currently touching about $702.89 million, continuing to hit a record high, with an increase of 11.06% on the 7th.
In an interview with CoinDesk on May 27, Chris Dixon, a partner at a16z, expressed the hope that blockchain will become synonymous with Internet innovation. If you compare it to the Internet in the 1990s, ideally there would be a multi-billion dollar specific fund focused on DeFi or blockchain social networking. In addition, Chris Dixon compares the current popularity of interactive credits to "non-transferable tokens", saying it is a product of the current regulatory environments. At the same t...
Sources: Saudi Arabia plans to conduct a multi-billion dollar Saudi Aramco stake sale as early as June, or raise $10 billion.
According to the latest data from L2beat, as the price of ETH has risen to push multiple L2 network TVLs higher, the total lock-up volume (TVL) of ZK Rollup L2 network Scroll has exceeded 500 million dollars, currently hitting about 559.49 million dollars, continuing to hit a record high, with an increase of 36.46% on the 7th.
A bipartisan group of four senators led by U.S. Majority Leader Chuck Schumer recommended that Congress spend at least $32 billion over the next three years to develop artificial intelligence (AI) and build safeguards around it. The roadmap is another effort by the U.S. government to regulate and promote the development of artificial intelligence. Six days ago, U.S. lawmakers unveiled a bipartisan bill to help the Biden administration implement the top artificial intelligence models created in t...
U.S. stocks closed on Friday, the Dow initially closed up 211 points, the S & P 500 index fell 0.88%, the Nasdaq index fell 2.05%. NVIDIA (NVDA. O) closed down 10%, the intraday market value evaporated more than 200 billion dollars, Netflix (NFLX. O) fell 9.09%, Micron Technology (MU. O) fell 4.61%, Supermicro Computer (SMCI. O) fell 23%, Apple (AAPL. O), Tesla (TSLA. O) fell more than 1%, Nasdaq China Golden Dragon Index closed down 1.04%.
According to a Bloomberg article, the next "halving" of Bitcoin is expected to take place around April 20, which will reduce the amount of Bitcoin that miners can earn by verifying transactions by half. The "halving" of Bitcoin may cause about 10 billion dollars of impact on cryptocurrency miners. In addition, the increasing competition of artificial intelligence companies for preferential electricity bills will also lead to a decline in the revenue of bitcoin mining companies after the cost sur...
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