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Report: Almost half of cryptocurrency users invest to raise their level of living.

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In a sweeping survey orchestrated by the cryptocurrency exchange Bitget, spanning across 20 nations, an eclectic ensemble of more than 1,500 respondents lent their voices to the discourse. A staggering 50% of crypto enthusiasts, spanning the globe, are channeling their invest ments into the digital frontier with the lofty aspiration of ameliorating their quotidian standards of living . In a recent revelation from the hallowed halls of Bitget, unveiled on October 5th, a fascinating mosaic of financial aspirations came to light. An astounding 46%, 44%, and 41% of survey participants hailing from the vibrant landscapes of South Korea, Canada, and Turkey, respectively, ardently articulated their fervent desire to elevate their living standards through digital asset invest ments. Meanwhile, across the seas in Malaysia and Taiwan, a noteworthy 36% of respondents prioritized the enhancement of their family’s quality of life above all else. A captivating revelation emerged as 27% of ...

Inflection AI raises $1.3B in funding led by Microsoft and Nvidia

The company has raised $1.525 billion in funding since its inception last year. On June 29, Palo Alto-based Inflection AI announced the completion of a $1.3 billion raise led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt and Nvidia. The new capital will be partly allocated to building a 22,000-unit Nvidia H100 Tensor GPU cluster, which the company claims is the largest in the world. The GPUs will be used to develop large-scale artificial intelligence models. Developers wrote:  “We estimate that if we entered our cluster in the recent TOP500 list of supercomputers, it would be the 2nd and close to the top entry, despite being optimized for AI — rather than scientific — applications." Inflection AI is also developing its own personal adjutant AI system dubbed “Pi." The firm explained that Pi is “a teacher, coach, confidante, creative partner, and sounding board” that can be accessed directly via social media or WhatsApp. The company’s total funding amount has reached...