Amazon has been developing its own AI chips to cut costs, which has also helped increase the profitability of Amazon Web Services (AWS). However, the e-commerce giant is struggling to develop AI chips that can compete with standard Nvidia chips.
Project migration issues, compatibility gaps and low usage are among the concerns slowing adoption of Amazon's AI chips. The situation has also put at risk the significant revenue Amazon generates from its cloud business. dent challenges Amazon faces with dent and sources familiar with the matter, as reported by Business Insider.
Amazon's in-house AI chips are facing a slowdown in adoption
Trainium and Inferentia are two of the best Amazon-designed chips that debuted towards the end of last year. Last year, Trainium's adoption rate among AWS customers was just 0.5% compared to Nvidia's GPUs, the publication reported.
Also Read: Amazon Profits Exceed Wall Street Expectations as AWS's Generative AI Works Wonders
Amazon conducted the assessment to measure the rate of use of different AI chips through its AWS services in April 2024, according to the report. Meanwhile, Inferentia's adoption rate was slightly higher, at 2.7%.
Members of the Finance and Budget Committee of the National People's Assembly received clarifications and new details about the digital currency project, or the Algerian digital dinar, included in the new monetary and banking draft law, which is on the discussion table, and this was in the presence of executives and directors of the Ministry of Finance and the Bank of Algeria. A source who attended the meeting confirms that most of the interventions of members of the Finance and Budget Committee of the National People’s Assembly, during the meeting that included representatives of the Ministry of Finance and the Bank of Algeria, focused on how to circulate the Algerian digital dinar, which will be approved for the first time through the new draft monetary and banking law, as well as the new powers of the Bank Governor. Algeria and ways to organize the trust. The representatives also insisted on the necessity of the Governor of the Bank of Algeria going annually to the National People’s Assembly to present the monetary report periodically, and not accepting any justifications for delaying this appearance. The same source confirms that, according to the clarifications received by the representatives, the Algerian digital dinar is issued and managed by the Bank of Algeria in the first stage of settling transactions between the Central Bank, commercial banks and financial institutions, and not in the concept that has been understood.
Officially the Algerian digital dinar for the year 2023! What are its uses? / Abdel Basset Farid https://www.youtube.com/watch?v=jxqyP7hB2Vk
11 Best AI Stocks to Buy in 2024: What are the best AI companies to invest in 2024?
Ziva May April 19, 2024 21 AD
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Artificial intelligence (AI) technology has seen rapid progress in recent years. The growth trajectory is expected to continue for the foreseeable future. As an investor, have you considered adding AI stocks to your investment portfolio? With the potential to revolutionize various industries, artificial intelligence presents a lucrative opportunity for those looking to make smart investment choices.
The global AI market is expected to reach $190 billion by 2025, indicating the industry's enormous growth potential. Companies across sectors are realizing the power of AI to enhance efficiency, productivity and innovation. As such, investing in AI stocks can be a profitable decision
Bitcoin ETF flows to highest level in months as Bitcoin price rises above $68,000

Ronaldo Marquez
1 hour ago


After enduring a major 20% correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world's largest cryptocurrency has managed to stage a strong comeback. It broke the key resistance level of $66,000 and turned it into a new support area.
BTC bounces back as Bitcoin ETF inflows surge
The rise in the price of Bitcoin has been closely linked to renewed inflows into the US Bitcoin ETF market. Data from Farside shows that spot bitcoin ETFs had their best flow week in two months, with the US fund class collectively generating $948 million in net positive flows from May 13 to May 17.
Interestingly, the majority of these inflows, roughly 89%, occurred in the last three trading days of the week, which industry analysts and researchers like James Butterville of CoinShares attribute to the shift in investor sentiment following the release of a lower-than-expected index report. Price index
BTC Alert 🚨🚨🚨 BTC Breakout at 15m TF BTC is currently trying to break out from the crucial resistance area at 67k. If we see BTC break above 67k and hold that price for a few hours, there is a very strong chance that the markets will quickly pump to 70-73k to get massive liquidity there. After 70k, we will see it stay there for a few days or weeks, as the market will likely slow down a bit after that liquidity. But a new ATH will be set very soon. Good luck to all of you
The massacres of May 8, 1945 are a history that refuses to be forgotten... 45 thousand Algerians were killed in one day... The memory of the massacres of May 8, 1945 brings to mind a great tragedy in the history of Algeria. Hundreds of thousands of Algerians went out in a peaceful march to celebrate the defeat of the Axis powers in World War II, and to remind France of its promise to grant independence after the defeat of Nazi Germany, to show the true face of the occupier, who reneged on the promise and tried to suppress the demonstrations, killing a large number of Algerians with bullets from the French army. European settler militias, and dropped them from helicopters, especially in the governorates of Constantine, Setif, Kharrata, Guelma... Here the national movement realized that “freedom is taken and not given.” It chose armed struggle instead of political struggle, and preparations began for the great liberation revolution that culminated in independence on July 5, 1962, after 132 years of colonialism. Glory and eternity to our martyrs . Long live free and independent Algeria.
One of the most wonderful art #معالم_تاريخية Algeria The archaeological site of the city of Tedis 🇩🇿 in Algeria The archaeological site of Tidis is located 30 km from Constantine in the northwest direction. The site is built on a mountain with very high rocks, on which are red traces of an ancient city, the city of Castellium Tedita Norium. The city of Tedis was occupied by several civilizations from different eras, such as the Lubyan, Punic, Roman and Byzantine civilizations. This archaeological site was discovered in the 1940s following excavations carried out by the archaeologist Berthier, and was classified in 1995 AD.
#Mashae Allah tabarak Allah Old classic cars It is fun to watch, God willing Our light today in the city of Sirte is our family and loved ones, our brothers in Algeria and some of our people in the Gharbia region You are among your family and people in the city of Sirte Sirte welcomes you with all friendliness and respect
Under the title “Movie Stars’ Cars Model 1950,” Akhbar Al-Youm newspaper published in August 1950 a report on car prices in which it said:
“Some stars and movie stars bought new cars, all model 1950. Tahiya Karioka bought a 1950 Buick for 1,200 pounds, and Laila Fawzy bought a Chrysler for 1,200 pounds as well.
As for Faten Hamama and her husband, Ezz El-Din Zulfikar, she bought a “Dodge” car for 850 pounds, and Mohamed Fawzy bought a “Chevrolet” car for 1,250 pounds. As for the artist Hind Rostom, she prefers the Peugeot brand, and she buys a Peugeot car with every model and sells the old ones. In 1950, she bought a car from her for 1,100 pounds.
Kamal El-Shenawy and his wife Hager Hamdy bought a Fiat Station car for 480 pounds, Abdel Salam Al-Nabulsi bought a Ford car for 350 pounds, and singer Mohamed Abdel Wahab and director Atef Salem bought a Fiat Station car for 480 pounds.
As for comedian Hassan Fayek, he bought a 1948 Morris car for 600 pounds. Shadia bought a 1949 Skoda for 500 pounds. He bought a 1950 Skoko Rail for 1,200 pounds. Ismail Yassin bought a Buick for 1,200 pounds.
Ahmed Ramzy bought a Pontiac for 1,300 pounds, while Farid Al-Atrash and Samia Gamal had Chevrolet cars as gifts from the Gulf princes.
Don't apologise....you torture me with your cruelty ...Oh my coffee I know that my addiction...is no longer learning A currency traded.....on the Al-Hayat Stock Exchange Do not reassure me in your world... oh my strength... a dose of you dissolves in the breath of the depths of your painful world with the splendor of your world... I am ready...your pain is deep inside me... ...........and I am certain that my rights... from sorrows... will be fully attained to me... ............ Easily!! ..........Congratulations........to you