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Amazon joins AI arms race to compete with Nvidia as fears over crypto and risk assets rise

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 […]

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Walmart, Amazon is coming to traditional payments, Mull Dollar-Pegged StableCoins in USA

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.

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Bitcoin overtakes Amazon as the fifth largest asset and hits $ 2.16T market hood

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

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