The post NVIDIA is coming for Intel and AMD’s turf appeared on BitcoinEthereumNews.com.
On May 31, NVIDIA announced full production of its Vera CPU, positioning the 88-core chip as the data center industry’s first processor designed specifically for AI agent workloads. Anthropic, OpenAI, SpaceXAI, Oracle Cloud Infrastructure, ByteDance, and CoreWeave are among early adopters planning deployments, according to the company’s press release. The chip represents NVIDIA’s most aggressive push yet beyond GPUs and into the CPU market that Intel and AMD have dominated for decades. Where Grace, NVIDIA’s prior ARM-based server chip, shipped roughly 2.5 million units to date, Vera introduces a fully custom core architecture called Olympus rather than licensing an off-the-shelf ARM core design, according to Tom’s Hardware. Why AI Agent workloads are redefining CPU demand in data centers The economics of data centers for artificial intelligence have changed. As models progress from responding to que
The post Neobanks and digital assets emerge as fintech’s next growth engines: report appeared on BitcoinEthereumNews.com.
Neobanks and digital asset businesses have emerged as key growth engines for fintech firms, which have delivered record profitability with average EBITDA margins of 20%, and 74% of major public players reporting profits in 2025, according to a new report. Summary Fintech revenues topped $500 billion in 2025 as digital assets, AI adoption, and expanding financial services helped fuel industry growth. Leading neobanks are moving into lending, wealth management, insurance, and cross-border payments, increasing competition with traditional banks. Fintech firms completed more acquisitions than banks in 2025, with digital assets, compliance, and AI emerging as major deal drivers. According to the Global Fintech Report 2026, published by Boston Consulting Group (BCG) and FT Partners, fintech revenues exceeded $500 billion last year after growing 22%, a pace the report said
Neobanks and digital asset businesses have emerged as key growth engines for fintech firms, which have delivered record profitability with average EBITDA margins of 20%, and 74% of major public players reporting profits in 2025, according to a new report.…
The post Micron Hits $1 Trillion Cap on AI Memory Boom as Google Files 32M Mosquito Plan appeared on BitcoinEthereumNews.com.
Crypto News Micron Technology surged to a historic all-time high on May 26, climbing nearly 23% intraday before settling up more than 19% at $895.88. The breakout briefly pushed the memory chipmaker’s market capitalization above $1 trillion, placing it among the largest technology firms on the planet. Overnight trading extended the move, with shares pressing toward $920 as momentum carried beyond the close. The catalysts were twofold: accelerating demand for AI-grade memory and a fresh price-target upgrade from UBS. Investors are now weighing whether the rally signals a durable structural re-rating or simply an aggressive momentum spike against an already extended chart. Behind Micron’s surge sits a tightening supply picture across the global memory industry. AI model training and inference workloads consume vast quantities of advanced DRAM and high-bandwidth me
Nvidia's Vera Rubin platform could revolutionize AI economics, significantly lowering inference costs and reshaping market expectations.
The post Nvidia CEO Jensen Huang unveils Vera Rubin platform at GTC Taipei with $1 trillion in projected orders appeared first on Crypto Briefing.
Insider Brief PRESS RELEASE — Pure Data Centres Group (Pure DC), one of the fastest-growing hyperscale cloud and AI infrastructure platforms across Europe and the Middle East, has announced it has secured $2.7billion in financing, underscoring strong confidence from leading global financial institutions in the company’s leadership, differentiated strategy, premier customer base and accelerating growth trajectory. The […]
AI chip startup Groq is raising $650 million from existing investors to expand its inference cloud business, according to reporting by Axios, as the company pivots toward hosting inference-heavy applications for developers and enterprises. The fundraise follows a $20 billion not-an-acquisition agreement with Nvidia in December, under which senior Groq employees joined the chip giant and Nvidia […]
SoftBank's dominance in AI investments highlights the potential volatility and influence of tech giants on market indices and investor strategies.
The post Nikkei tops 67,000 on AI boost as SoftBank becomes Japan’s most valuable firm appeared first on Crypto Briefing.
Insider Brief PRESS RELEASE — Daloopa, the essential data infrastructure for AI and agentic workflows in finance, has announced it has raised $47 million in Series C funding led by Brighton Park Capital, with participation from Squarepoint Capital, Touring Capital, and Nexus Venture Partners. This funding will accelerate Daloopa’s platform growth as investment firms increasingly move AI […]
