Microsoft (MS) announced a large investment in artificial intelligence (AI) infrastructure in the UK. The company’s goal is to dramatically improve national AI capabilities. Here are some important topics covered in this comprehensive investment plan: Microsoft plans to invest £2.5 billion ($3.2 billion) over the next three years to build next-generation artificial intelligence data center infrastructure in the UK in a capacity boost phase. This is the company’s largest single investment in Korea in its 40-year history. Expanding our data center footprint across London, Cardiff and even the North of England is a key goal. The investment will deliver more…
Author: Crypto Flexs
Read More
Cryptocurrency analyst and trader Ali Martinez said deep-pocketed investors are stealing massive amounts of Ethereum (ETH) scaling solution Polygon (MATIC). Martinez says 34,000 followers of social media platform “Polygon: MATIC whales have been buying recently, amassing over 120 million MATICs last week. That’s a massive investment worth $90 million!” Source: Ali Martinez/X MATIC is trading at $0.76 at the time of this writing, up slightly over the past 24 hours. Next is the merchant announcement Leading blockchain oracle provider Chainlink (LINK) is seeing a surge in activity as whale trading surges. “Chainlink: Yesterday LINK witnessed its largest surge in whale…
Cryptocurrencies have been around for over 10 years. However, it is only in recent years that the mainstream has recognized its full usefulness. Whether your business uses Bitcoin as a hedge against traditional currencies, is trying to avoid exorbitant fees charged by financial services institutions, or is simply looking for an efficient payment method, the popularity and usefulness of Bitcoin as an acceptable currency There is no question that this has skyrocketed.However, with this popularity comes a greater need to protect the organization. You may have heard of malicious actors using cryptocurrencies to commit money laundering and fraud (such as…
November 29, 2023 A breakthrough in materials science was achieved through the collaboration of Google DeepMind and autonomous robotic systems. This initiative, led by Google’s AI division, successfully predicted the stability of nearly 400,000 substances. The synergy of AI and robotics, known as A-Lab, is revolutionizing the materials creation process in the laboratory, with a focus on potential applications in batteries and solar cells. AI-based material discovery Ekin Dogus Cubak, materials discovery team leader at Google DeepMind, emphasizes that this venture is a significant leap forward in leveraging AI for scientific discovery. The study, published in Nature, demonstrates the ability…
We’ll be publishing real-world use cases for AI and cryptocurrency every day this week. This includes why you shouldn’t believe the hype. Today, get two things for the price of one: a blockchain-powered AI marketplace and financial analytics.Mixing AI and cryptocurrency may not seem like the most exciting use case, but both Illia Polosukhin, co-founder of Near, and Vance Spencer, founder of Framework Ventures, say blockchain-based marketplaces for sourcing and computing data for AI are top choices. AI is an incredibly fast-growing industry that requires increasingly more computing power. Microsoft was the only one reported. Invest Invest $50 billion in…
As we look at the world, individual humans seem to exist more and more at the edges and margins of the larger stories unfolding on scrolling screens. Narratives that capture and resonate with ordinary people seem to exist on a scale that none of us can reach. Big stories about economies, countries, and companies weave narratives that can sometimes seem dire or too big. It’s about individuals changing in meaningful ways. But this is not the true story of the world, nor is it the right way to understand our own potential as human beings. Many people who read this…
With the regulatory crackdown on cryptocurrencies intensifying and the US SEC changing its stance towards the industry, Bloomberg analysts claim that all 12 applications will be approved by early January. Bitcoin’s (BTC) bullish narrative that began in October is expected to continue in the coming weeks after the major cryptocurrency asset hit higher valuations in December. In the early New York trading session on Friday, the price of Bitcoin reached a new yearly high of around $38,800, reviving the $40,000 narrative before the end of the year. Moreover, Bitcoin price consolidated into an ascending triangle on the daily time frame,…
February 2023, London. Zebu Live, London’s annual showcase for the Web3 revolution, has announced that it has successfully achieved carbon neutral certification. The two-day live cryptocurrency conference in September 2022 has partnered with decentralized cloud computing network Cudos and carbon management provider Blue Marble to create a completely carbon-neutral event. Featuring 160 of the industry’s most distinguished speakers, including Dragon & Thirdweb co-founder Stephen Bartlett and Aave CEO Stani Kulechov, the sold-out event drew 1,500 guests to the Kensington Conference Center and more than 5,000 streaming from around the world. Carbon neutrality has been achieved After the event in partnership…
Forkast Labs has laid off most of its editorial staff as part of its merger with data provider CryptoSlam, according to multiple sources familiar with the matter.Forkast.News merged Last January, it joined forces with CryptoSlam to create a “Web3-centric data intelligence and media platform” through a new brand, Forkast Labs. cryptocurrency news siteHowever, it appears that they stopped publishing article and video content last month, with the last article on November 22nd. The current website states, “Forkast.News is now Forkast Labs.”Multiple sources told The Block that the news site suffered layoffs this year and ultimately decided to cease editorial operations…
Disclaimer: The information presented does not constitute financial, investment, trading or any other type of advice and is solely the opinion of the author. Optimism has performed well on both price charts and DEX indicators. Retesting long-term resistance may result in OP being rejected. Optimism (OP) faces challenges due to the situation in the L2 sector. A recent AMBCrypto report detailed what this means and how DEXs have been able to succeed despite the competitive environment. Optimism’s weekly trading volume also recently saw a big spike before falling back to its average level. However, the total value locked continued to…