Top tech news stories: March 19, 2024

Stay updated on the latest in tech innovations and breakthroughs.

1. Bitcoin slips further below $68,000, adding to weekend losses

On today’s show, Jason Urban, global head of trading at Galaxy Digital, explains what’s driving bitcoin’s price further below $70,000 after reaching new all-time highs over the past couple of weeks. (CNBC)

2. Indonesia crypto market sees record $1.92B surge in February

Indonesia’s cryptocurrency market experienced a significant boom in February, with transaction volumes reaching an impressive $1.92 billion. This surge is indicative of the growing enthusiasm and confidence among investors in the crypto space. (Analytics Insight)

3. Grab adds crypto top-ups to GrabPay via Triple A partnership

Grab has partnered with crypto payments provider Triple A to let GrabPay users top up their e-wallets via digital tokens. With this new feature, stablecoins and other digital assets can be converted into usable funds for GrabPay, the Singapore-based company said in a statement to Tech in Asia. (Tech in Asia)

4. Hong Kong leaps into ethereum ETFs amid bitcoin ETF delays

Hong Kong is gearing up to introduce ethereum ETFs, racing to beat the U.S. in the global crypto game, as bitcoin ETFs face launch delays. Financial institutions in Hong Kong are racing to roll out ethereum (ETH) exchange-traded funds (ETFs) before the U.S. does, aiming to establish dominance in the crypto market. (crypto news)

5. Nvidia launches cloud-based research platform for 6G research and testing

Nvidia on Monday unveiled an AI-powered software platform that allows research into 6G technology through simulating communications environments in the cloud. (Reuters)

6. MAXHUB to build advanced AI solutions with Microsoft Azure Cloud to drive global business growth

MAXHUB, a leading provider of collaborative communication and interactive display solutions, proudly announces it will integrate Microsoft Azure technology. MAXHUB will harness the power of Azure to significantly amplify its international business growth and further AI technology advancements. (AiThority)

7. Nvidia’s newest cloud service promises to accelerate quantum computing simulations

According to the company, Nvidia Quantum Cloud provides advanced quantum computing technologies that will push the boundaries of research in areas such as chemistry, biology and materials science. Nvidia Quantum Cloud was announced at the chipmaker’s annual GTC conference today. (SiliconANGLE)

8. Oracle and NVIDIA to deliver sovereign AI worldwide

Oracle and NVIDIA today announced an expanded collaboration to deliver sovereign AI solutions to customers around the world. Oracle’s distributed cloud, AI infrastructure, and generative AI services, combined with NVIDIA’s accelerated computing and generative AI software, are enabling governments and enterprises to deploy AI factories. (Nvidia News)

9. Microsoft is now blocking Russian firms from using its cloud services

Microsoft will stop providing cloud services to users in Russia later this weeks as part of the sanctions package imposed on the country by its Western peers. The company has set up a dedicated Telegram channel to support its clients, and urged everyone to make backups of their data as soon as possible. (TechRadar)

10. Nvidia unveils flagship AI chip, the B200, aiming to extend dominance

Nvidia unveils flagship AI chip, the B200, aiming to extend dominance. Artificial intelligence semiconductor powerhouse Nvidia on Monday unveiled a flagship AI chip, the Blackwell B200, saying it is up to 30 times speedier than its previous chip. (Reuters)

11. Nvidia expands ties with Chinese EV makers as auto AI race heats up

Nvidia said on Monday it is expanding its collaborations with BYD and other Chinese automakers that are racing to build self-driving vehicles and AI-augmented infotainment technology to compete in global markets. (Reuters)

12. Apple in talks to let Google’s Gemini power iPhone AI features, Bloomberg News says

Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, Bloomberg News reported on Monday, citing people familiar with the situation. (Reuters)

13. Telegram secures $330 million in bond sales

Popular messaging platform Telegram raised $330 million through bond sales last week, founder and CEO Pavel Durov said on Monday. The offering was oversubscribed and terms of the bond were favourable for the company, Durov wrote on his own Telegram channel. (Reuters)

14. Super Micro Computer rides AI server boom to join S&P 500

Super Micro Computer, which joins the S&P 500 on Monday, enjoys a rare advantage among server makers that are trying to tap the generative AI boom – close ties with Nvidia that help it launch products faster than rivals Dell and Hewlett Packard Enterprise. (Reuters)

Chloe-Chen

Chloe Chen

Chloe Chen is a junior writer at BTW Media. She graduated from the London School of Economics and Political Science (LSE) and had various working experiences in the finance and fintech industry. Send tips to c.chen@btw.media.

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