UK to spend $130M on AI chips amid scramble to buy up computing power
The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI.
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Nvidia drops new AI chip expected to cut development costs
Nvidia, the current market leader for semiconductor chips, revealed its latest chip designed to run large-scale AI systems.
U.S. considers tightening restrictions on AI chip exports
Officials in the U.S. are considering restricting the level of computing power on chips to lessen the flow of AI chips available in the Chinese market.
Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips
This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines.
Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023
Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new…
Bitcoin’s in a bear market, but there are plenty of good reasons to keep investing
Higher volatility, equity offerings and resistance to regulatory sanctions are just a few reasons why investors should keep an eye on BTC.
Nvidia cites limited visibility into crypto mining’s impact on Q2 results
Nvidia's CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company's ability to estimate it.
$29K Bitcoin is closer than you might expect, according to derivatives data
Derivatives data show a clear path to $29,000, but inflation and unemployment data will continue to be crucial to determining BTC price rallies.
Nvidia ups its metaverse bet with new developer tools
The Nvidia Omniverse is launching a series of new tools for creators and developers in digital worlds to make life in the metaverse more realistic.
Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology
On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the…