Month: March 2024

Creation Of 1.6 Petabits CD

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🇨🇳 🇨🇳 Scientists from the University of Shanghai for Science and Technology, the Shanghai Institute of Optics and Fine Mechanics, and other Chinese institutions have developed a groundbreaking optical storage disc with a capacity of 1.6 petabits, equivalent to 200 terabytes. This capacity is significantly higher than the largest hard drives currently available, which can store up to 100 terabytes
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AI Is Sucking Up Water Big Time

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💦 💦 The use of artificial intelligence (AI) and the operation of data centers are having an impact on water resources in Arizona, particularly in the context of cooling needs for the data centers. For example, one report indicates that a Microsoft data center complex in Arizona is expected to use about 56 million gallons of drinking water each year, which is equivalent to the water usage of approximately 670 families
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Anthropic Launches New Suite Of AI Models

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🧠 🧠 Anthropic has officially launched Claude 3, a new suite of artificial intelligence models, marking a significant advancement in the AI technology landscape. This launch introduces three distinct models: Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus
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Memecoins Are Rising Again

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🚨 🚨 The current rally in memecoins is driven by a combination of factors, including broader cryptocurrency market trends, social media influence, and the introduction of new memecoins
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TikTok Is Nailed

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🇺🇸 🇺🇸 TikTok Is Nailed: Under the proposed legislation, app stores and web hosting services would be prohibited from distributing applications controlled by ByteDance, including TikTok, unless these apps divest from Chinese ownership within a specified period
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Bitcoin: Buy The Dip

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🚨 🚨 Oppenheimer: “The rise [bitcoin] is so much so fast that we are cautious about a correction,” he said. “But longer term, there are still catalysts supporting the positive price action”
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Paccar Jumps To All Tine High

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🚨 🚨 Paccar was among a handful of outperformers today, finishing at an all-time high. The 1.6% gain followed JPMorgan reiterating its overweight rating and hiking its price target to $135 from $116
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Goldman: Do Not Invest In China

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🇨🇳 🇨🇳 Goldman: Do Not Invest In China: China’s big stock-market declines aren’t enough to warrant putting money in the country, according to the chief investment officer of Goldman Sachs Group Inc.’s wealth-management business
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Bitcoin: Buy The Dip

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🚨 🚨 Bitcoin hit a fresh all time high of $69,210 before reversing lower less than 2 minutes later. The new all time high came with a massive volume spike, with $87 BILLION traded over the last 24 hours
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