CryptoNews

Ark Invest CEO Expects Spot Bitcoin ETFs to Attract 'Substantial' Institutional Flows, Pushing BTC 'Much Higher'

January 9, 2024
Ark Invest CEO Cathie Wood expects spot bitcoin exchange-traded funds (ETFs) to move the price of bitcoin “much higher.” The securities regulator is expected to make a decision on spot bitcoin ETFs by Wednesday. “We think that the SEC approval, should we and others get it, is a green light for institutions. We’ve been talking to quite a few of them, and they’re much more interested now…
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CryptoNews

SEC Chair Gary Gensler Issues Crypto Warnings as Spot Bitcoin ETF Decision Looms

January 9, 2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings about crypto investing amid soaring anticipation for potential spot bitcoin ETF approvals. The SEC chief stressed that crypto investors “should understand they may be deprived of key info” and “other important protections” in connection with their investment. Gary Gensler’s Crypto Warnings The…
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Cleantech & EV'sNews

VinFast unrolls ambitious plan to sell more cars to Americans

January 8, 2024
Vietnamese EV maker VinFast has announced a new CEO at the helm, and an aggressive new strategy to expand globally while gaining a foothold in the US. In addition to announcing plans for a $2 billion in factory in India, it just announced a fresh crop of dealership openings in the US, with plans to expand the network to 125 points of sale across the country. After opening up its first dealership…
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AI & RoboticsNews

Specialized models: How AI is following the path of hardware evolution

January 8, 2024
The industry shift towards deploying smaller, more specialized — and therefore more efficient — AI models mirrors a transformation we’ve previously witnessed in the hardware world. Namely, the adoption of graphics processing units (GPUs), tensor processing units (TPUs) and other hardware accelerators as means to more efficient computing.  There’s a simple explanation for both cases, and…
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