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Quantum Computing and AI’s Exponential Compute Demands

AI’s Surging Compute Needs and Energy Costs Modern artificial intelligence has an insatiable hunger for computation. NVIDIA CEO Jensen Huang recently noted that emerging “reasoning” AI models might consume 100× more compute than today’s models, and future AI could demand even more (Nvidia CEO claims reasoning models will boost GPU demand | Computer Weekly). This exponential growth in required compute is far outpacing the improvements of classical hardware. In fact, one analysis found the computational power behind AI is doubling roughly every 100 days – an astonishing pace compared to

Unexpected Quantum Leap in the Cloud Race A Dive into Spectral Capital (OTCQB:FCCN)

Following the footsteps of Giants IBM, Oracle, and Microsoft, Spectral Capital is developing fully integrated deep quantum technology platforms that combine cutting-edge hardware, databases, and computing capacity. Spectral Capital or Spectral (OTCQB: FCCN) could be the next disruptor in this technological heritage by combining quantum innovation, sustainable cloud infrastructure, and distinctive database technologies. Many technology experts who watch the cloud space will identify the Spectral strategy as like that established by the giants of the classical compute generation. In its approach to building the Cloud of the future, Spectral Capital

Gome Fin Tech Announced Annual Results of 2023

  Commercial Factoring Progresses Despite Stability Diversified Businesses Ready for Development HONG KONG, Mar 29, 2024 - (ACN Newswire) - Gome Finance Technology Co., Ltd.(Stock Code:628.HK,“Gome Fin Tech”or “the Company”,with its subsidiaries,the“Group”), announced its audited annual results for the year ended 31 December, 2023 (the “Reporting Period”). In 2023, the global geopolitical risks are frequent, the lack of economic recovery momentum and the widening trend of differentiation among countries are highlighted, and the risk spillover from European and US banks under the global high interest rate environment also casts a

From Dominance to Compliance

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

Rocket Raccoon: A Phenomenon of Memecoin Magic and the Pursuit of Financial Liberation

In the ever-evolving world of cryptocurrencies, a remarkable phenomenon has captured the imagination of both seasoned investors and enthusiasts alike. This captivating tale revolves around the rise of a viral memecoin, where a charismatic raccoon character named Rocket has taken centre stage. Welcome to the intriguing world of Degen RocketRacoon. Drawing inspiration from the Marvel Cinematic Universe, particularly the beloved Guardians of the Galaxy franchise, Degen RocketRacoon seeks to deliver an electrifying rush that crypto investors crave. Despite its stealthy launch, this audacious project has swiftly captured public attention, boasting

Beyond the Dollar

The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

Paribus: Price & Value Explained

Price and Value Warren Buffet famously said, “Price is what you pay, value is what you get.” When developing a new type of borrowing and lending platform one of the most complex aspects is understanding how to weigh both price and value. With fungible tokens such as Bitcoin and Ethereum assessing their value is relatively simple and straightforward. A protocol can take live data from a variety of market makers and adjust collateral values based on price and liquidity. However, when it comes to non-fungible tokens (NFTs) this gets much

5 Factors to Consider When Choosing a Crypto Trading Platform

Ready to start trading cryptocurrency? If so, the first step is finding the best trading platform (or platforms). Many platforms are available and, although some are bigger and more popular than others, no exchange is widely considered to be “the best”. Each trading platform has certain pros and cons. What works for some on one platform may not be ideal for others. This Cove Market overview provides a good look at some of the features the major players have. As a trader, you might look for specific elements based on