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Elon Musk buys 100 thousand chips for 40 thousand dollars! Here's why Elon Musk can't stop. This time, Musk is purchasing 100 thousand chips for his new artificial intelligence initiative xAI. Musk announced that he raised $6 billion in funding for xAI, which he founded last summer. So, what will this huge budget be used for? Let's examine this exciting news in detail. Elon Musk is buying 100 thousand Nvidia-branded chips for his artificial intelligence company xAI This $6 billion raised will be used to bring xAI company's first products to market, create advanced infrastructure, and accelerate research and development of future technologies. So far, xAI has introduced a chatbot called Grok, which it developed as a rival to OpenAI's #ChatGPT . Grok is currently only available to X Premium subscribers. This funding round included giant investors such as Andreessen Horowitz, Sequoia Capital, and Saudi Arabian Prince Al Waleed bin Talal. Last year, xAI announced it was seeking equity investment of up to $1 billion. However, a few months ago, The Financial Times reported that xAI was seeking $6 billion, and Musk denied the report at the time. Now we see that $6 billion has actually been collected. Developing artificial intelligence is not cheap. Nvidia's upcoming Blackwell B200 AI graphics cards range from $30,000 to $40,000 each. According to a report last week, xAI will require 100,000 of #Nvidia's existing H100 chips to power the upgraded version of its #Grok AI chatbot. #Musk told investors they plan to launch the new data center in the fall of 2025. Free BNB from Binance The race for #AI chips, talent and technology has never been this competitive. Major technology giants such as Google, Apple, Amazon, Microsoft and Meta spend billions of dollars on artificial intelligence projects. Microsoft has formed a multibillion-dollar partnership with OpenAI. OpenAI CEO Sam Altman is seeking trillions of dollars to revamp the global chip industry. #Megadrop #StartInvestingInCrypto #btc70k #BinanceLaunchpool #ElonsMusk
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Top Tips to Become a Millionaire in the 2024-2025 Crypto Bull Market The 2024-2025 crypto bull market is upon us, and it's time to seize the opportunity to build wealth. Here are some essential tips to help you on your journey to becoming a crypto millionaire: 1. Educate Yourself: Knowledge is power. Stay updated with market trends, news, and developments. Follow reputable crypto influencers, join discussion forums, and participate in webinars. 2. Diversify Your Portfolio: Don’t put all your eggs in one basket. Invest in a mix of well-established coins like Bitcoin and Ethereum, and promising altcoins. This strategy helps mitigate risks and maximizes potential gains. 3. Buy the Dips: Market corrections are inevitable. Use these opportunities to buy your favorite cryptos at discounted prices. Patience is key. 4. Use Dollar-Cost Averaging (DCA): Instead of investing a lump sum, spread your investment over regular intervals. This reduces the impact of volatility and ensures you don't buy at the peak. 5. Stay Updated on Market Sentiment: Follow news and social media to gauge market sentiment. Bullish trends can signal good entry points, while bearish trends can indicate when to hold or sell. 6. Take Profits Strategically: Set realistic profit targets and stick to them. It's tempting to hold on for bigger gains, but taking profits along the way secures your earnings. 7. Avoid FOMO and Panic Selling: Fear of missing out (FOMO) and panic selling can lead to poor decisions. Stick to your strategy and avoid making impulsive moves based on market hype. 8. Secure Your Investments: Use hardware wallets to store your cryptocurrencies securely. Enable two-factor authentication (2FA) and never share your private keys. Remember, the crypto market is volatile, and success requires discipline, patience, and a well-thought-out strategy. Stay informed, stay safe, and make smart investment decisions. Here's to a prospe #Megadrop #MtGox #StartInvestingInCrypto #ETHETFsApproved #btc70k
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