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Elon Musk Plans to Revolutionize Artificial Intelligence with Massive Supercomputer, Possible Impact on Dogecoin (DOGE) and Bitcoin (BTC). Elon Musk, known for his innovative initiatives, is starting a groundbreaking project through his company xAI. Its aim is to develop the world's largest supercomputer, called the "Gigafactory of Compute". This massive facility will house 100,000 dedicated GPUs, at least four times larger than the largest existing clusters. The project requires an investment of billions of dollars and requires large amounts of energy resources. Musk aims to have this large-scale computing facility operational by fall 2025, reflecting his vision of rapidly advancing artificial intelligence capabilities. If realized, xAI could outperform its more established and better-funded rivals thanks to its computing power alone. A potential collaboration with Oracle is on the agenda as a strategic element of this project. As Oracle's largest customer for H100 chips, #xAI can realize significant benefits from deeper integration with Oracle's expertise and resources. This supercomputer is expected to improve xAI's Grok AI assistant by offering fewer restrictions and more advanced functionality. The partnership with #Oracle can enable xAI to achieve its ambitious goals by providing critical support in terms of both technology and resources. The race to develop the most powerful #GPU clusters is heating up among major technology companies. Advanced computing power is vital for creating more complex artificial intelligence systems. Notably, #Tesla , another company under Musk's management, is also working on an AI supercomputer, reflecting a widespread trend towards serious investments in AI infrastructure and large-scale projects. The success of Musk's supercomputer project could set new benchmarks in the tech industry and encourage other companies to increase their investments in artificial intelligence infrastructure. $BTC $DOGE

Elon Musk Plans to Revolutionize Artificial Intelligence with Massive Supercomputer, Possible Impact on Dogecoin (DOGE) and Bitcoin (BTC).

Elon Musk, known for his innovative initiatives, is starting a groundbreaking project through his company xAI. Its aim is to develop the world's largest supercomputer, called the "Gigafactory of Compute". This massive facility will house 100,000 dedicated GPUs, at least four times larger than the largest existing clusters. The project requires an investment of billions of dollars and requires large amounts of energy resources. Musk aims to have this large-scale computing facility operational by fall 2025, reflecting his vision of rapidly advancing artificial intelligence capabilities. If realized, xAI could outperform its more established and better-funded rivals thanks to its computing power alone.

A potential collaboration with Oracle is on the agenda as a strategic element of this project. As Oracle's largest customer for H100 chips, #xAI can realize significant benefits from deeper integration with Oracle's expertise and resources. This supercomputer is expected to improve xAI's Grok AI assistant by offering fewer restrictions and more advanced functionality. The partnership with #Oracle can enable xAI to achieve its ambitious goals by providing critical support in terms of both technology and resources.

The race to develop the most powerful #GPU clusters is heating up among major technology companies. Advanced computing power is vital for creating more complex artificial intelligence systems. Notably, #Tesla , another company under Musk's management, is also working on an AI supercomputer, reflecting a widespread trend towards serious investments in AI infrastructure and large-scale projects. The success of Musk's supercomputer project could set new benchmarks in the tech industry and encourage other companies to increase their investments in artificial intelligence infrastructure.
$BTC $DOGE

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Stamina Gauge! Bitcoin Statement from Hong Kong's Top Executive. Hong Kong Securities and Futures Commission (SFC) chairman Julia Leung emphasized Bitcoin's durability as an alternative asset in her speech at the Greenwich Economic Forum. Leung noted Bitcoin's ability to survive despite multiple boom and bust cycles over the past 15 years. While central bankers and economists often argue that cryptocurrencies like Bitcoin and Ethereum lack intrinsic value, Leung noted that the durability of these assets and the Distributed Ledger Technology (DLT) behind them is undeniable. These statements by Leung coincide with the new licensing regime introduced by the SFC for cryptocurrency exchanges. These new regulations now require these platforms to obtain a license to serve individual investors in Hong Kong. However, these regulatory changes have drawn criticism from some quarters. Hong Kong lawmaker Duncan Chiu said the regulations were overly strict and discouraged major global exchanges from entering the Hong Kong market, negatively impacting market confidence. Julia Leung stated that although they support the development of the Web3 ecosystem in Hong Kong, this should not be misunderstood as an endorsement of the crypto asset (VA) class. Leung stated that cryptocurrencies are highly speculative and subject to extreme price volatility. To maintain and balance investor demand, #SFC has taken comprehensive measures to protect investors in this volatile market. Looking ahead, the SFC is preparing for legal regulations for stablecoins. Leung noted that the Hong Kong Monetary Authority (#HKMA ) recently completed a consultation on a proposed regime for stablecoin issuers. These new regulations will require issuers to provide full backing with high-quality, highly liquid reserve assets. The move is seen as part of a broader effort to bring stability and trust to the cryptocurrency landscape in Hong Kong. SFC also takes part in Project Ensemble, a tokenization initiative launched by the HKMA to explore the potential of a central bank digital currency (#CBDC ) $BTC
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