Governance
Top tech news stories today: April 9, 2024
TSMC wins $6.6 bln US subsidy for Arizona chip production, Microsoft to launch AI hub in London and other tech news.
Headline
TSMC wins $6.6 bln US subsidy for Arizona chip production, Microsoft to launch AI hub in London and other tech news.
Context
The latest groundbreaking technology advancements reshaping our world. The value of the cryptocurrency market could almost double to $5 trillion by the end of the year, propelled by the January approval of spot bitcoin exchange-traded funds in the U.S. and the mining-reward halving due later this month, according to Ripple CEO Brad Garlinghouse. ( CNBC )
Evidence
Pending intelligence enrichment.
Analysis
World’s First Bitcoin DEX Satoshi DEX Announces $9 Million Reached in Presale. The world’s first Bitcoin DEX –Satoshi DEX has unlocked a milestone, as the presale has shot up to more than $9 million, as the project continues to grow. Currently, the presale is still LIVE, less than 6% left to distribution. ( Investing ) The U.S. Commerce Department said on Monday it would award Taiwan Semiconductor Manufacturing Co’s (TSMC) (2330.TW) , opens new tab U.S. unit a $6.6 billion subsidy for advanced semiconductor production in Phoenix, Arizona and up to $5 billion in low-cost government loans. ( The standard ) China’s Alibaba Cloud on Monday said it will cut prices for products that are powered by its offshore data centres by as much as 59% amid rising competition to attract artificial intelligence software developers. ( India times ) Denodo Partners with Google Cloud on the Future of Enterprise Innovation with New Data Virtualization and Generative AI Integration. GOOGLE CLOUD NEXT, Booth 1362 – Denodo, a leader in data management, announced a new integration of the Denodo Platform with Google Cloud’s Vertex AI as part of its partnership. ( Capacity media )
Key Points
- Fintech
- 1. Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024
- 2. World’s first bitcoin DEX Satoshi DEX announces $9 million reached in presale
- IT infrastructure
- 3. TSMC wins $6.6 bln US subsidy for Arizona chip production
Actions
Pending intelligence enrichment.
