Crypto miners are reportedly diversifying into several areas, including artificial intelligence (AI). Miners have repurposed their high-performance computing infrastructure to meet the demand for gaming, image and video rendering services, and AI, CoinDesk reported Monday (Aug. 21), citing JPMorgan. “With the rapid growth of AI, the increased...
A promise of generative artificial intelligence (AI) is its potential to cut costs. Unfortunately, the realities of the unit economics inherent to building and running foundational AI models might result in some of even the most prominent platforms going broke themselves. This, as OpenAI —...
Crypto lender Hodlnaut has frozen withdrawals, token swaps and deposits as of Monday (Aug. 8), citing the “recent market conditions,” the company website said. The Singapore company said a “difficult decision was taken for us to focus on stabilising our liquidity and preserving assets, while...
August 16, 2023
A promise of generative artificial intelligence (AI) is its potential to cut costs. Unfortunately, the realities of the unit economics inherent to building and running foundational AI models might result in some of even the most prominent platforms going broke themselves. This, as OpenAI — the organization responsible for turning generative AI into a household […]
August 21, 2023
Crypto miners are reportedly diversifying into several areas, including artificial intelligence (AI). Miners have repurposed their high-performance computing infrastructure to meet the demand for gaming, image and video rendering services, and AI, CoinDesk reported Monday (Aug. 21), citing JPMorgan. “With the rapid growth of AI, the increased demand for high-performance computing is now opening a new and […]
August 08, 2022
Crypto lender Hodlnaut has frozen withdrawals, token swaps and deposits as of Monday (Aug. 8), citing the “recent market conditions,” the company website said. The Singapore company said a “difficult...
