Telecoms company CEO says tech firms are buying up memory chips to power datacentres relied on by AI
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BT has said that the cost of smartphones could rise as technology companies buy up semiconductor chips due to the boom in artificial intelligence (AI), putting pressure on supply chains.
The telecoms company’s chief executive, Allison Kirkby, said she was anticipating shortages as tech firms bought large quantities of memory chips to power the datacentres relied on by AI.
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Pogba's potential exit from Monaco highlights the risks of high-cost signings and may influence clubs to prioritize sustainable player investments.
The post AS Monaco CEO signals Paul Pogba could be shown the exit this summer appeared first on Crypto Briefing.
The post StarkWare CEO Proposes 4% Annual Bitcoin Inflation appeared on BitcoinEthereumNews.com.
StarkWare CEO proposed replacing Bitcoin’s 21 million supply cap with fixed 4% annual inflation. Ben-Sasson said lost private keys shrink Bitcoin’s supply and could weaken long-term security. Bitcoin supporters rejected the proposal, defending the 21 million cap as key to BTC’s scarcity. StarkWare CEO Eli Ben-Sasson has suggested the Bitcoin network should replace its fixed 21 million supply cap with a permanent 4% annual issuance rate. He argued that Bitcoin’s hard cap becomes less practical over time because private keys are constantly lost, permanently removing coins from circulation. Ben-Sasson also cited long-term concerns about Bitcoin’s network security. Ben-Sasson Questions Bitcoin’s Fixed Supply In a post on X, Ben-Sasson argued that Bitcoin’s fixed supply limit creates problems over the long term. “Capping the supply of Bitcoin at 21M doesn’t make sense,” he wrote. He added that
Robinhood's embrace of memecoins highlights the tension between speculative trading and the intended institutional focus of blockchain platforms.
The post Robinhood CEO does an about-face on memecoins after CASHCAT goes parabolic on Robinhood Chain appeared first on Crypto Briefing.
They suck up energy and water, and blast out heat. Just who is better off from all this investment – aside from tech bros?
The two great existential threats of our time – the climate crisis and AI – come hurtling together in the explosion of datacentres across Australia and around the world.
You can hardly avoid hearing about them these days, either with awed reverence of the promised benefits to humankind or with fear and anger given the implications for the climate, inflation, jobs and even housing affordability.
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The post Strategy CEO Defends Corporate Pivot With 10% Bitcoin Holdings Boost appeared on BitcoinEthereumNews.com.
Amid active debates over the sale of part of its Bitcoin holdings for operational needs, Strategy’s leadership is trying to seize the initiative from critics. CEO Phong Le defended the company’s new corporate strategy by publishing strong financial results for the past three months. From April 6 to July 6, the company increased its Bitcoin reserves by 10% and now holds a record 843,775 BTC, Le said. These figures came at a moment when the market began to question whether the course of the largest institutional Bitcoin investor remains unchanged. The 10% increase announced by Strategy’s CEO is meant to prove that the net inflow of coins continues, while the company’s operational resilience has improved. Strategy’s dollar cash cushion increased by 13% to $2.55 billion, while the internal yield of its Bitcoin strategy since the start of the year more than doubled, rising fro
The post Strive CEO: No Liquidation Risk for Its Bitcoin Holdings appeared on BitcoinEthereumNews.com.
Cole stated Strive will not sell its Bitcoin even if the price hits a penny. The company is focusing on maximizing yield through careful capital management. Cole confirmed Strive has almost 20k BTC, reminding that it had only 5k BTC last fall. On July 7, Matt Cole, CEO of Strive, said during an interview that the company’s Bitcoin treasury strategy is designed to withstand even an extraordinarily severe bear market. He specifically stated that Bitcoin can go down to a penny and sit there for 18 months, and the company would do nothing. Cole says Strive will be fine and won’t have to sell a single BTC. In his own words: “There is no price at which we would get liquidated.” Strive, a Nasdaq‑listed firm that holds Bitcoin and does structured finance, holds nearly 20,000 BTC. Its focus is on maximizing yield through careful capital management. Strive’s Debt-Free Strategy Many Bitcoin tre
The proposal highlights the tension between maintaining Bitcoin's fixed supply cap and ensuring long-term network security through miner incentives.
The post StarkWare CEO proposes 4% annual Bitcoin inflation to replace 21M cap appeared first on Crypto Briefing.