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Nvidia’s advanced B300 AI servers are reportedly selling for nearly 7 million yuan, around $1 million, in China as stricter US export controls and anti-smuggling crackdowns sharply reduce supply. According to industry sources, prices have almost doubled from roughly 4 million yuan late last year, creating a major scarcity premium in the Chinese grey market. […]
Meta CEO Mark Zuckerberg has directly tied the company’s planned workforce reductions to its escalating artificial intelligence infrastructure investments, underscoring how the race for AI dominance is reshaping corporate labor strategies across Big Tech. Speaking to employees, Zuckerberg described Meta’s financial structure as increasingly dominated by two major expenses: people and compute infrastructure. As Meta […]
Tether significantly reduced its gold purchases in the first quarter, signaling a more measured reserve strategy even as it remains one of the world’s notable private-sector gold holders through its stablecoin ecosystem. The issuer of USDT, the largest stablecoin by circulation, added roughly 6 metric tons of gold during the quarter, down sharply from 27 […]