Faster global financial news!
AI costs plunge 13-fold annually as US and Chinese tech firms near $1 trillion investment
According to Epoch AI, artificial intelligence costs have fallen 47% per quarter since 2023, equivalent to a 13-fold annual decline. Meanwhile, U.S. and Chinese tech firms are projected to spend nearly $1 trillion on AI infrastructure this year.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Middle East Tensions Escalate: 24 Ships Attacked in Strait of Hormuz in Two Weeks, Oil Exports Plummet by 81.3%; Houthis Designate Saudi Aramco Facilities as "Legitimate Targets"
-
2
Experts find no evidence Ukraine's data centre strikes impacted Russian bot networks, despite Zelensky's claims
-
3
U.S. existing home sales in September rose to 3.99 million units, exceeding expectations with a 1.5% month-over-month increase, while the median price reached a new high for the period, according to NAR data.
-
4
Nikkei 225 rose 0.3%, as investors may be adjusting positions ahead of the release of US CPI data.
-
5
Yemen's Houthi group claims to be responding to Saudi attacks on Sanaa.
-
6
Trezor announced it will reduce its authorized reseller network to strengthen supply chain security, following reports of hardware implant attacks on Ledger wallets.
-
7
Ripple's new partner, Canton Network, facilitated S&P Dow Jones Indices' first on-chain transaction involving a fully tokenized index.
-
8
Goldman Sachs: Brazil's First-Round Election Results Trigger "Busiest Week Ever," Foreign Investors Bet on Bolsonaro Victory
-
9
Zest Protocol Sets Oct. 23 Deadline for aeUSDC Exit on Stacks V1
-
10
South Korean stocks opened higher on Wednesday, with the KOSPI index rising 0.44% at the open and climbing 1.83% to 6,146.01 points as of 9:15 AM, after plunging 5.46% the previous day due to AI concerns.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
