BUSINESS

BUSINESS

Bitcoin rides Nvidia wave to spike above $70,000 before pulling back

Bitcoin rose and then fell following Nvidia’s earnings release on Wednesday afternoon, mirroring the behavior of the broader market. The Silicon Valley chip behemoth posted better than expected results for its fourth quarter, briefly causing its stock to rise 1%,...

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Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition…Meta’s giant Hyperion data center gets even bigger…OpenAI and Amazon talk about an alliance…Is the AI bubble popping because AI is actually working?…AI makes inroads at the Super...

BUSINESS

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Tether, the world’s largest stablecoin issuer, is storing gold in a Cold War-era nuclear bunker in Switzerland. The company is stockpiling more than a ton of the precious metal every week in the Swiss mountains to back its gold-pegged XAUT...

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