Pavel Durov, the creator and CEO of the popular messaging platform Telegram, has been released on bail after being detained and formally charged by authorities in France, following his court appearance. An article from Bloomberg dated August 28 indicated that the French legal system has accused Durov of several criminal activities connected to his operational […]
Cryptocurrencies linked to artificial intelligence experienced significant drops shortly after Nvidia unveiled its earnings for the second quarter of 2024. Although Nvidia’s earnings exceeded forecasts, the figures did not meet investor expectations. Following the earnings announcement, the value of Artificial Superintelligence Alliance (FET) decreased by 7.8% to $1.16, Bittensor (TAO) dropped 4.5% to $295.22, and […]
Nvidia’s recent earnings announcement exceeded expectations as Colette Kress, the CFO, revealed that the company generated $30 billion in revenue for the second quarter, surpassing forecasts by $2 billion. This robust performance is poised to uplift the artificial intelligence industry as trading resumes on Thursday, Aug. 29. The Q2 earnings presentation, which occurred on Aug. […]