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Quantum Computing and AI’s Exponential Compute Demands

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Time Stamp: February 28, 2025 7:32 AM - Modified On: February 28, 2025 - Published By:
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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

Blockchain Australia evolves to Digital Economy Council of Australia (DECA) to advocate for Australia’s growing digital economy

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Time Stamp: June 11, 2024 6:06 AM - Modified On: June 11, 2024 - Published By:
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MEDIA RELEASE • The digital activity share of the Australian economy is expected to increase to 10% by 2030 (from 6.1% in 2020-21) • Expands membership categories to fully represent the multifaceted aspects of the digital economy • Amy-Rose Goodey will lead DECA as Managing Director, as CEO Simon Callaghan returns to the industry • Aims to address top industry concerns: Fit-for-purpose regulation (88%), lack of credible information (82%) and attracting the best talent (78%) SYDNEY, Tuesday, 11 June 2024: Blockchain Australia, the leading industry association advocating for blockchain technology

D8X Re-Engineers DeFi Derivatives With Launch on Polygon zkEVM

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Time Stamp: February 6, 2024 2:03 PM - Modified On: February 6, 2024 - Published By:
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Supported by Polygon Ventures, D8X targets institutional users with next-gen DEX engine, innovative features, novel white-label approach [Zug, Switzerland - Feb. 6, 2024] - D8X, an institutional-grade decentralized exchange (DEX) for derivatives, has launched on Polygon zkEVM, establishing a new benchmark for decentralized finance. With support from Polygon Ventures and other notable partners, D8X reconceives on-chain derivatives, starting from fundamental financial engineering and extending to its novel white-label business-to-business model–a first for Polygon zkEVM. Until now, users seeking the trading experience offered by D8X have had to resort to Centralized

Blockpass Heralds Cutting Edge Compliance Automation – Advanced KYC Bot(TM)

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Time Stamp: January 23, 2024 4:56 AM - Modified On: January 23, 2024 - Published By:
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HONG KONG, Jan 18, 2024 - (ACN Newswire) - Blockpass is proud to reveal a brand-new automation advancement that will see the KYC experience for its customers improved even further with the introduction of the Advanced KYC Bot(TM). Included as standard for all Managed Service add-on clients, the handy new bot will automate the KYC process even further, reducing the time and effort required for compliance by monitoring and processing flags to KYC profiles. Also available on a standalone basis for Enterprise customers, the Advanced KYC Bot(TM) builds on the capability

Crypto’s Moment of Truth

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Time Stamp: July 1, 2023 9:24 AM - Modified On: July 1, 2023 - Published By:
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In a pivotal moment for crypto, recent news that BlackRock and others such as Fidelity have filed for spot Bitcoin ETFs propelled BTC to a yearly high of just under $31,700. What does the arrival of these significant players mean for the future of crypto? For years, the prospect of a Bitcoin ETF approval in the United States has been shrouded in uncertainty. However, the tides are turning this time, as the involvement of industry giants like BlackRock hints at a higher likelihood of approval. Deniz, our CEO, echoes this