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The billionaire wants to build a supercomputer and have it running by fall 2025. xAl announced Sunday that it raised $6 billion in a fresh funding round. Musk personally invested $750 million in xAl, and X contributed computing power worth $250 million. According to The Information's report, a cluster of Nvidia's H100 GPUs will power what Musk dubbed a "gigafactory of compute." xAl already rents servers with around 16,000 Nvidia chips from Oracle. It could partner with the company cofounded by Musk's friend Larry Ellison to build the supercomputer and splash out $10 billion to rent its cloud servers in the coming years. #ElonsMusk

The billionaire wants to build a supercomputer and have it running by fall 2025.

xAl announced Sunday that it raised $6 billion in a fresh funding round. Musk personally invested $750 million in xAl, and X contributed computing power worth $250 million.

According to The Information's report, a cluster of Nvidia's H100 GPUs will power what Musk dubbed a "gigafactory of compute."

xAl already rents servers with around 16,000 Nvidia chips from Oracle. It could partner with the company cofounded by Musk's friend Larry Ellison to build the supercomputer and splash out $10 billion to rent its cloud servers in the coming years.

#ElonsMusk

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Donald Trump's crypto investments have been paying off. His on-chain crypto holdings have exceeded the $10 million mark. The surge was primarily driven by a rise in the value of the MAGA (TRUMP) meme coin. Trump's holdings in $TRUMP alone are valued at $7.3 million, making up most of his crypto investments. Trump also holds over 463 Ethereum, currently valued at $1.8 million. Trump does not publicly own any Bitcoin. The price of the TRUMP coin, a political meme coin based on Solana, has increased over 60% in the last seven days and currently rests at $12.40. #EarnFreeCrypto2024 #ETHETFsApproved #btc70k
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A British-Chinese woman has been sentenced to more than six years in prison for her part in a bitcoin money laundering scam. Jian Wen, 42, was found guilty at London's Southwark Crown Court on March 20. Wen first came to the attention of authorities after she made a series of attempts to buy luxury homes in London from 2017 to 2018. The three properties were valued at $29.7 million, $15.8 million, and $5.7 million. The subsequent investigation culminated in police seizing devices containing 61,000 bitcoins currently worth more than $4 billion in 2018, in what was the UK's largest-ever crypto seizure. In her sentencing remarks said that more than 128,000 investors pumped roughly $5.6 billion into the scheme. Wen was convicted of converting "significant amounts" of bitcoin into cash and other assets on her boss's behalf. Despite declaring an income of just around $16,200 and roughly $7,600 in 2015 and 2016, Wen moved into a six-bedroom property in London in 2017, paying over $21,600 a month. #btc70k
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An Ohio real-estate investor is planning to take a two-person submersible down to Titanic-level depths to prove that the journey can be carried out safely following the Titan sub implosion last year. He is working with Patrick Lahey, the cofounder and CEO of submersible manufacturer Triton Submarines. The pair aims to show that such an expedition can be carried out repeatedly and safely despite the implosion of the OceanGate sub last June, which killed all five people on board, including the company's CEO, Stockton Rush. #Megadrop
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🚨Just In: Mt. Gox cold wallet transferred 12.24k BTC (about $840 million) to the unmarked address: 1JbezD...KLAPs6 today. The Mt. Gox address currently holds 137.892k BTC. Mt Gox will distribute its holdings of 142,000 BTC and 143,000 BCH to creditors before October 31, 2024. The Mt. Gox cold wallet transferred another 14.05k BTC (worth approximately $965 million) to the unmarked address: 1JbezD...KLAPs6 at 10:35 UTC+8. Mt. Gox cold wallet transferred 16.589k BTC (worth about $1.14 billion) to the unmarked address: 1JbezD...KLAPs6 at 10:54 UTC+8. Mt. Gox cold wallet transferred 32.14k BTC (worth about $2.188 billion) to the unmarked address: 1JbezD...KLAPs6 at 12:11 UTC+8. Mt. Gox cold wallet transferred 32.49k BTC (worth about $2.2 billion) to the unmarked address: 1JbezD...KLAPs6 at 12:46 UTC+8. #EarnFreeCrypto2024 #btc70k
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A California mother received a $88,000 fine after her children collected dozens of clams they believed were seashells. "My kids, they thought they were collecting seashells, but they were actually collecting clams, 72 to be exact." Pismo Beach has strict regulations regarding clam harvesting. People must have a valid saltwater fishing license and cannot collect clams under 4 1/2 inches. There are also regulations around what time people can harvest clams and how many they can bag a day. She told ABC 30 that the fine totaled $88,993. "It made me really sad and depressed, and it kind of ruined our trip." However, she was able to explain the mistake to a San Luis Obispo County judge and got the fine reduced to $500. The fine can also be fulfilled by completing community service work. #EarnFreeCrypto2024
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