Amazon releases AI chip Trainium 3, encryption mining companies transform to participate in the "GPU gold rush"

GateNews
BTC4,76%

PANews reported on December 3 that Amazon has launched its next-generation AI chip Trainium 3, which has a training speed four times that of its predecessor, targeting Nvidia's market share. This chip will be offered as a service through AWS to support large-scale model training. Meanwhile, several Bitcoin mining companies such as Core Scientific and IREN are transforming their data centers into AI infrastructure and have reached multi-billion dollar cooperation agreements with Microsoft and Google. Despite the high enthusiasm for investment in AI infrastructure, analysts warn that if demand slows down, related companies may face a funding gap of up to $800 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting

Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk. To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not

LiveBTCNews6m ago

Yesterday, Bitcoin spot ETFs saw net outflows of $291 million, with Fidelity’s FBTC recording outflows of $229 million

On April 13, spot Bitcoin ETFs saw net outflows of $291 million, with Fidelity’s FBTC experiencing the largest outflow at $229 million. Products that recorded net inflows included BlackRock’s IBIT, Bitwise’s BITB, and Morgan Stanley’s MSBT.

GateNews10m ago

Giant whales holding assets worth over $100 million are increasing their positions in BTC and taking short positions in ETH, with a cumulative loss of over $66.19 million

According to OnchainLens monitoring, on April 14, a whale that opened a short position of 255 BTC increased its BTC and ETH short positions. Its current unrealized loss is over $4 million, its cumulative loss is over $66.19 million, and the value of the BTC and ETH it holds is $76.70 million and $24.40 million, respectively.

GateNews15m ago

A crypto financial service provider has a whale-related address holding 120k ETH and 700 BTC, with unrealized gains exceeding $36 million

Gate News message: On April 14, according to on-chain analytics platform Lookonchain, influenced by the market rebound trend, a whale address associated with a certain crypto financial services provider currently holds a long position of 120k ETH (about $283.5 million) and 700 BTC (about $52 million), with total unrealized gains exceeding $36 million.

GateNews1h ago

MicroStrategy raises $ using 11.5% STRC to buy Bitcoin, Saylor: If BTC rises more than 2% year-over-year, that’s enough to pay dividends

MicroStrategy announces it has increased its holdings of $1 billion worth of Bitcoin. Its total holdings now reach 780,897 BTC, and the fundraising is fully sold out through the preferred stock STRC. Founder Saylor stated that Bitcoin only needs an annual growth rate of more than 2.05% to cover dividends, avoiding dilution of common stock. This strategy demonstrates the company’s innovation in asset allocation and attracts other companies to imitate it.

ChainNewsAbmedia1h ago
Comment
0/400
No comments