Aziz (gazik)

Amazon will spend $230 million on startups in the field of generative artificial intelligence - TechCrunch.

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AI: expectations vs reality Investors have poured $2 trillion into tech stocks in hopes of an AI boom, but the revolution has yet to materialize. 1. Forecasts: $300-400 billion in AI profits for Alphabet, Amazon, Apple, Meta and Microsoft. 2. Reality: Microsoft will only earn $10 billion, there are no mass layoffs, AI is only used for simple tasks. It turned out that the implementation of AI in business is long, expensive, and difficult. AI is a long-term investment, visible effects will not appear soon.

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🔹 Nate Ceraci believes that spot ETH-ETF will be the second most successful ETF in history after BTC-ETF

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📉 Bitcoin below $60,000 The day before yesterday a huge amount of BTC moved online. Apparently, the bankrupt exchange Mt.Gox is preparing to pay 142,000 BTC ($9.4 billion) in compensation. Against this background, fears arose and a decline occured.

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