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OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalry
OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalryOpenAI, the startup behind the ChatGPT chatbot, has surpassed Microsoft in revenue from selling access to its AI models, including GPT-4, despite only establishing a sales team last year. This remarkable achievement, particularly compared to Microsoft, the world's largest enterprise and cloud software seller, has been achieved through a simple yet effective strategy: offering early access to new versions of generative AI capabilities and customizing software requirements for its biggest clients...
Industry dynamics 2024-07-04 12:13:03 -
Microsoft's Underwater Data Center Project Shelved: Exploration and Application
Microsoft's Underwater Data Center Project Shelved: Exploration and ApplicationOn June 26, 2023, Microsoft announced that its underwater data center experimental project, known as Project Natick, had been quietly shelved. However, the company stated that research findings from the project would be applied to other initiatives...
Industry dynamics 2024-07-04 12:11:09 -
NVIDIA's Market Value Soars, Startup Etched Challenges AI Chip Dominance
NVIDIA's Market Value Soars, Startup Etched Challenges AI Chip DominanceJune 26, 2023 - NVIDIA has become a Wall Street darling, seeing its market capitalization surge eightfold since late 2022, reaching over $3 trillion this month. However, a startup founded by Harvard dropouts, Etched, is poised to challenge NVIDIA's dominance in the artificial intelligence space by developing a competing chip called Sohu...
Industry dynamics 2024-07-04 10:52:08 -
Bitcoin and Ethereum Futures Plunge on Wednesday
Bitcoin and Ethereum Futures Plunge on WednesdayOn Wednesday (July 3), at the close of trading in New York, the CME Bitcoin futures contract BTC lead contract closed at $59885.00, down 3...
Blockchain 2024-07-04 10:45:03 -
The Bitcoin Gloom: July Market Outlook
The Bitcoin Gloom: July Market OutlookWhile Bitcoin is shrouded in gloom throughout July, investors remain optimistic about the cryptocurrency's performance in the second half of the year. Since March, Bitcoin has been stuck in a narrow trading range between $60,000 and $70,000, failing to break out...
Blockchain 2024-07-04 10:42:44 -
Bitcoin to Break All-Time High? CCData: Still Potential This Year
Bitcoin to Break All-Time High? CCData: Still Potential This YearCCData released a research report on Tuesday stating that Bitcoin has yet to reach the peak of its current appreciation cycle and is expected to surpass its all-time high this year. The report analyzes Bitcoin's historical price trends and concludes that it still has the potential to rise further...
Blockchain 2024-07-04 10:42:23 -
Mt. Gox to Repay Users, Potential Bitcoin Sell-Off Looms: Short-Term Impact?
Mt. Gox to Repay Users, Potential Bitcoin Sell-Off Looms: Short-Term Impact?Mt...
Blockchain 2024-07-04 10:41:38 -
The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull Market
The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull MarketThe cryptocurrency market is experiencing a renewed bull run ignited by the launch of spot Bitcoin ETFs, and Wall Street is capitalizing on the opportunity by introducing leveraged and inverse ETF products that are further fueling market enthusiasm. This week, prominent financial product issuer ProShares launched Ultra Bitcoin ETF (BITU) and ProShares UltraShort Bitcoin ETF (SBIT)...
Blockchain 2024-06-21 15:35:36 -
UBS to Offer Bitcoin ETF, Launching Next Week
UBS to Offer Bitcoin ETF, Launching Next WeekAccording to Cailian Press on April 2, sources revealed that UBS will add a Bitcoin ETF service and launch it widely next week. UBS manages $3...
Blockchain 2024-06-19 12:20:03 -
The 61,000 Bitcoin Money Laundering Case: The Escape and Recapture of a Mysterious Cult Leader
In March 2024, British media reported on a sensational Bitcoin money laundering case involving Ms. Yadi Zhang (the alias used by Ms...
Blockchain 2024-05-24 16:50:59 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours The digital asset market is seeing significant gains, with Bitcoin (BTC) leading the charge...
Blockchain 2024-04-09 18:15:06
