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The sheer size of the deal, even by Silicon Valley standards, underscores the extent to which tech companies and government officials are betting on artificial intelligence as the future of the U.S. economy, and how much tech executives want to express enthusiasm for the new Trump administration. Click to view
In 2024, Switzerland's Crypto Valley reached a market capitalization of $593 billion, with 17 unicorn companies accounting for 29% of European blockchain financing.
2024年瑞士的加密谷（CryptoValley）市值达到5930亿美元，拥有17家独角兽公司，占据了欧洲区块链融资的29%，加密谷的市值突破了5930亿美元。
Naval Ravikant, a prominent Silicon Valley angel investor, wrote in an X post: "The world's transition to a decentralised financial system will take time. We are currently less than 5 per cent of our target in terms of market capitalisation."
NVIDIA (NVDA. O) has teamed up with Alphabet's Google to help design quantum computing processors. Google's quantum artificial intelligence (Quantum AI) unit will use NVIDIA's Eos supercomputer to accelerate the design of quantum components. The idea is to promote the physics that requires quantum processors to operate, helping them overcome many of their current limitations.
FTX has reached a settlement with Evolve Bank and the Silicon Valley Community Foundation (SVCF), which could allow it to recover up to $21 million in assets. The agreement is pending court approval and a hearing will be held on November 20. Previously, Evolve Bank held more than $13 million in an account for FTX affiliate West Realm Shires Services Inc. Under the agreement, Evolve Bank will retain $462,700 as compensation expenses and waive all related claims.
Alphabet's Google continues its efforts to integrate artificial intelligence (AI), adding the Gemini AI team to the DeepMind research lab.
Tim Draper, a well-known Silicon Valley investor and bitcoin advocate, has clarified that he has donated roughly equal amounts to Harris and the Trump campaign. "This has allowed my wife and I to meet both candidates and make a more informed decision," Mr. Draper said. "I have come to the conclusion that both candidates are right and while they will set different paths for America, I am optimistic that either path will be a positive step. I support both candidates."
The first stop of the "Digital Chain Valley" scene market series, the blockchain + medical scene market, was held in Jing'an, Shanghai. As the first blockchain-themed scene market in the country, the event aims to build a platform for the supply and demand sides of the blockchain industry market to connect transactions, build a cooperation bridge between the supply and demand sides of the blockchain, and promote more new application scenarios to bloom.
According to the Times of Israel, a large-scale airstrike has taken place in the Bekaa Valley in southern Lebanon.
On September 2nd, BAIC Blue Valley announced that the subsidiary BAIC New Energy plans to introduce strategic investors to increase capital and expand shares through public listing. The capital increase amount does not exceed 10 billion yuan, and the capital increase price is not lower than the evaluation result. After the capital increase, the company remains the controlling shareholder of BAIC New Energy.
Silicon Valley angel investor Naval Ravikant said at X that cryptocurrency is the currency of AI. Naval is a well-known angel investor in Silicon Valley. He has invested in well-known technology companies such as Twitter and Uber. He is also a successful entrepreneur. He founded the equity crowdfunding platform AngelList and published the famous book "Naval Book".
On August 20, according to foreign media reports, two security sources said that Israel launched an attack on a Hezbollah arms depot in the Bekaa Valley in eastern Lebanon on Monday night. A security source said that multiple weapons depots believed to belong to Hezbollah were attacked, and the air strikes targeted four different villages. At the same time as the conflict in Gaza, Hezbollah and other armed groups in Lebanon have been exchanging fire with Israel. Israeli air strikes over the past...
Asked about his views on Bitcoin during the X Takeover podcast hosted on the X platform by Tesla owners' Silicon Valley accounts, Musk said that he does think Bitcoin and some other cryptocurrencies have value, and also admitted that he has a preference for the original Meme coin DOGE because he likes "dogs and Meme".
On July 29th, according to U.Today, Musk participated in the X Takeover podcast show of the Tesla Owners Silicon Valley Club. In the show, Musk affirmed the merits of bitcoin and other cryptocurrencies, but stressed that he does not promote any cryptocurrencies. He admitted that he prefers Dogecoin because he likes dogs and memes, but insisted that any promotion is just a joke. He also warned that the video showing his support for cryptocurrencies is likely to be a fake deepvideo. Although Musk ...
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