IREN (IREN) earnings showed weaker than expected overall results, with the company lacking consensus on both revenue and earnings per share. stock (EPS) as it accelerates its transition from bitcoin mining to the AI Cloud. Financially, Q2 revenue fell to $184.7 million, missing expectations and down from $240.3 million in Q1, while the company reported […]
IREN and AMZ fall on earnings as BTC shares bounce back Read More »
Amazon is stepping deeper into the AI arms race with the release of the Trainium 3, a chip designed to compete with Nvidia’s dominant GPU hardware. Available through Amazon Web Services (AWS), the new chips promise a fourfold increase in training speed over the previous version while maintaining the same energy footprint. The move will
Walmart (WMT) and Amazon (Amzn) are considering issuing their own stablecoins in the United States, according to a Wall Street Journal report. These company’s digital tokens, which are linked to the US dollar or other government -backed currencies, could dramatically reduce commercial fees and accelerate payment settlement and disrupt the dominance of traditional financial institutions.
Walmart, Amazon is coming to traditional payments, Mull Dollar-Pegged StableCoins in USA Read More »
Bitcoin Became the world’s fifth largest asset after hit a new high altitude on Wednesday pushing its market capital to $ 2.16 trillion. Although Krypto’s price consolidated lower after hit a high of $ 109,400, its market capital passed Amazon (Amzn), which is $ 2.15 trillion. Bitcoin has increased by 16.44% years to date, while
Bitcoin overtakes Amazon as the fifth largest asset and hits $ 2.16T market hood Read More »
The race to build the best artificial intelligence products results in a worldwide search for new energy sources for Power Tech Giants’ data centers. Karen Weise, a technology correspondent for The New York Times, describes how these AI-specific data centers are more power-intensive and how tech companies invest in new ways to bring more electricity
How AI Companies turn into energy companies Read More »
