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Google unveils new AI chip to challenge Nvidia, OpenAI reportedly plans to procure it.

20 minutes ago

According to Bloomberg, Google's parent company Alphabet is launching two custom AI chips, the TPU 8tx and 8i Max, targeting secure computing and advanced AI workloads to challenge Nvidia. The report states that Google's TPU is roughly 30% cheaper than Nvidia's GPUs, delivering competitive performance and higher energy efficiency on certain tasks. Bloomberg Intelligence estimates that Google's TPU-related sales could surge from $12 billion in 2026 to over $135 billion in 2028. Key clients include Apple, Meta, Oracle and Anthropic, with OpenAI also reportedly planning to procure the chips.

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The three major US stock index futures all rose approximately 1%.

Data from the BIT Stock Platform shows that the three major U.S. stock index futures all rose approximately 1%. The Nasdaq futures gain widened to 1%, the S&P 500 futures climbed 0.9%, and the Dow Jones futures increased 1.1%.

8 minutes ago

Sources: Trump agrees to the US-Iran ceasefire proposal put forward by the Iraqi Prime Minister.

According to a report by Al Arabiya TV, sources disclosed that Iraqi Prime Minister put forward a proposal to end the Iran war during a phone call with US President Donald Trump. Trump expressed approval of the proposal raised by the Iraqi Prime Minister in the conversation. Trump requested the Iraqi Prime Minister to play a mediating role on the Iran issue and convey the relevant proposals aimed at ending the war to Tehran. (Jinshi)

8 minutes ago

MicroStrategy increased its holdings by 1,037 BTC last week.

According to market sources, Strategy purchased 1,037 BTC last week, bringing its total holdings to 850,364 BTC.

8 minutes ago

AMD rises 4.85% in pre-market trading on the US stock market.

According to data from the BIT stock platform, AMD, a CPU and GPU manufacturer that directly competes with NVIDIA, saw its pre-market share price rise by 4.85%, currently trading at $468.7.

8 minutes ago

Strive has sharply slowed its pace of BTC accumulation, adding just 29 BTC last week.

According to U.S. SEC filings, Strive added 29 BTC at an average price of approximately $75,721 between October 31 and November 6, a significant slowdown in its accumulation pace. As of November 6, its total BTC holdings stood at 43,153. CEO Matt Cole disclosed that the purchase cost $2.2 million, with an average cost of $75,721 per BTC.

8 minutes ago

BlackRock Transfers 5,320 BTC and 40,000 ETH to Coinbase

According to monitoring by Onchain Lens, BlackRock transferred 5,320 BTC (valued at around $396.49 million) and 40,720 ETH (valued at around $86.17 million) to Coinbase, with the total transfer amount reaching approximately $482.66 million.

8 minutes ago

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