Gerald Nerenberg bI9K
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$MASK
@Abdulrahman Al Sayyad
This is correct, I received 750$
And this is not in your hands, thank you for your insistence that we enter the drop to compensate, thank you ❤❤❤❤❤ we took double
@Abdulrahman Al Sayyad
This is correct, I received 750$
And this is not in your hands, thank you for your insistence that we enter the drop to compensate, thank you ❤❤❤❤❤ we took double
See original
#WalletActivityInsights
ETF #LitecoinETF: Launch of an Exchange Traded Fund to Invest in Litecoin
The first exchange traded fund (ETF) dedicated to investing in Litecoin has been launched. This fund allows investors to easily buy and trade Litecoin, without the need to directly deal with the cryptocurrency.
ETF #LitecoinETF: Launch of an Exchange Traded Fund to Invest in Litecoin
The first exchange traded fund (ETF) dedicated to investing in Litecoin has been launched. This fund allows investors to easily buy and trade Litecoin, without the need to directly deal with the cryptocurrency.
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#GasFeeImpact
ETF #LitecoinETF: Launch of an Exchange-Traded Fund for Investing in Litecoin
The first exchange-traded fund (ETF) dedicated to investing in Litecoin has been launched. This fund allows investors to easily buy and trade Litecoin without the need to deal directly with the cryptocurrency.
ETF #LitecoinETF: Launch of an Exchange-Traded Fund for Investing in Litecoin
The first exchange-traded fund (ETF) dedicated to investing in Litecoin has been launched. This fund allows investors to easily buy and trade Litecoin without the need to deal directly with the cryptocurrency.
See original
$LTC
ETF #LitecoinETF: Launch of an Exchange-Traded Fund for Investing in Litecoin
The first exchange-traded fund (ETF) dedicated to investing in Litecoin has been launched. This fund allows investors to easily buy and trade Litecoin, without the need to deal directly with the cryptocurrency.
ETF #LitecoinETF: Launch of an Exchange-Traded Fund for Investing in Litecoin
The first exchange-traded fund (ETF) dedicated to investing in Litecoin has been launched. This fund allows investors to easily buy and trade Litecoin, without the need to deal directly with the cryptocurrency.
See original
#AltcoinRevolution2028
The cryptocurrency market is undergoing a radical transformation that heralds a major revolution by 2028, with altcoins (alternative currencies) expected to become an integral part of the global financial system. Key trends include mainstream adoption by institutions and individual investors, supported by regulatory clarity that reduces risk and inspires trust. Projects will also focus on improving scalability through solutions such as sharding and second layers, and enhancing interoperability between different blockchains, facilitating the flow of assets and data across networks.
Decentralized finance (DeFi) will play a pivotal role through decentralized lending and trading platforms, with coins such as Polkadot (DOT) and Solana (SOL) emerging as the most prominent names due to their speed and ability to connect networks. However, challenges remain, such as market volatility and security risks, requiring constant awareness from investors.
By 2028, we may see a hybrid model that integrates altcoins with traditional systems, opening up new horizons for the digital economy and innovations such as decentralized salaries and token-based markets. This revolution is not just a technological development, but a step towards redefining the concept of money itself.
The cryptocurrency market is undergoing a radical transformation that heralds a major revolution by 2028, with altcoins (alternative currencies) expected to become an integral part of the global financial system. Key trends include mainstream adoption by institutions and individual investors, supported by regulatory clarity that reduces risk and inspires trust. Projects will also focus on improving scalability through solutions such as sharding and second layers, and enhancing interoperability between different blockchains, facilitating the flow of assets and data across networks.
Decentralized finance (DeFi) will play a pivotal role through decentralized lending and trading platforms, with coins such as Polkadot (DOT) and Solana (SOL) emerging as the most prominent names due to their speed and ability to connect networks. However, challenges remain, such as market volatility and security risks, requiring constant awareness from investors.
By 2028, we may see a hybrid model that integrates altcoins with traditional systems, opening up new horizons for the digital economy and innovations such as decentralized salaries and token-based markets. This revolution is not just a technological development, but a step towards redefining the concept of money itself.
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#TariffHODL
Definition of this hashtag to store digital currencies for a longer time because it helps you recover the money you lost despite the market downturn and when you achieve the currency that was stored, you return the investment amount or increase the profit if we do this we all do not see a lot of blood in the market it is the whales playing with the market to get out the new investors to give some of that a strong rise and achieve new peaks be patient with your assets
Definition of this hashtag to store digital currencies for a longer time because it helps you recover the money you lost despite the market downturn and when you achieve the currency that was stored, you return the investment amount or increase the profit if we do this we all do not see a lot of blood in the market it is the whales playing with the market to get out the new investors to give some of that a strong rise and achieve new peaks be patient with your assets
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#BERAonBinance
Is Bera Coin ($BERA) Crashing Soon? Here’s What You Need to Know! ⚠️
After a massive 850% surge, many traders are wondering – is Bera Coin ($BERA) about to crash? With the massive gains, early investors may start taking profits, leading to a potential sell-off on Binance. But is this just a dip or the beginning of a bigger correction?
Why $BERA Could Face a Sell-Off
📉 Profit-taking: Many traders are withdrawing funds after a massive sell-off.
📉 Market Volatility: New tokens often see sharp ups and downs.
📉 Short-term hype: If demand slows down, prices may fall.
Why BERA May Remain Strong
🚀 Growing Community: More investors are jumping in.
🚀 Binance Listing Impact: New listings often see long-term upward trends.
🚀 Possible future developments: If the project gains interest, it may maintain momentum.
What should you do?
If you are holding BERA stock, keep an eye on key support levels and market sentiment. Short-term dips may be buying opportunities, but you should always do your own research!
Will BERA stock continue to rise, or is a correction coming? Click on the chart in this post to check real-time prices and make the right move#BERAonBinance
Is Bera Coin ($BERA) Crashing Soon? Here’s What You Need to Know! ⚠️
After a massive 850% surge, many traders are wondering – is Bera Coin ($BERA) about to crash? With the massive gains, early investors may start taking profits, leading to a potential sell-off on Binance. But is this just a dip or the beginning of a bigger correction?
Why $BERA Could Face a Sell-Off
📉 Profit-taking: Many traders are withdrawing funds after a massive sell-off.
📉 Market Volatility: New tokens often see sharp ups and downs.
📉 Short-term hype: If demand slows down, prices may fall.
Why BERA May Remain Strong
🚀 Growing Community: More investors are jumping in.
🚀 Binance Listing Impact: New listings often see long-term upward trends.
🚀 Possible future developments: If the project gains interest, it may maintain momentum.
What should you do?
If you are holding BERA stock, keep an eye on key support levels and market sentiment. Short-term dips may be buying opportunities, but you should always do your own research!
Will BERA stock continue to rise, or is a correction coming? Click on the chart in this post to check real-time prices and make the right move#BERAonBinance
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$BTC #AICrashOrComebackIn a rapidly evolving world, artificial intelligence (AI) is undergoing major transformations. Is it headed for a crash or a revival? #AICrashOrComeback
AI faces significant challenges, such as privacy issues and data bias, which threaten user trust. However, recent advances in deep learning and natural language processing technologies show tremendous potential. Companies are investing heavily in improving AI performance, which increases its chances of success.
Ultimately, the future of AI depends on how we deal with these challenges. If managed effectively, AI could see a strong comeback, becoming an indispensable tool in our daily lives
AI faces significant challenges, such as privacy issues and data bias, which threaten user trust. However, recent advances in deep learning and natural language processing technologies show tremendous potential. Companies are investing heavily in improving AI performance, which increases its chances of success.
Ultimately, the future of AI depends on how we deal with these challenges. If managed effectively, AI could see a strong comeback, becoming an indispensable tool in our daily lives
See original
#AICrashOrComeback
#AICrashOrComeback In a rapidly evolving world, artificial intelligence (AI) is witnessing significant transformations. Is it on the verge of collapse or recovery? #AICrashOrComeback
Artificial intelligence faces major challenges, such as privacy issues and data bias, which threaten user trust. However, recent advancements in deep learning and natural language processing show tremendous potential. Companies are heavily investing in improving AI performance, enhancing its chances of success.
In the end, the future of artificial intelligence depends on how we address these challenges. If managed effectively, AI could witness a strong comeback, becoming an indispensable tool in our daily lives.
#AICrashOrComeback In a rapidly evolving world, artificial intelligence (AI) is witnessing significant transformations. Is it on the verge of collapse or recovery? #AICrashOrComeback
Artificial intelligence faces major challenges, such as privacy issues and data bias, which threaten user trust. However, recent advancements in deep learning and natural language processing show tremendous potential. Companies are heavily investing in improving AI performance, enhancing its chances of success.
In the end, the future of artificial intelligence depends on how we address these challenges. If managed effectively, AI could witness a strong comeback, becoming an indispensable tool in our daily lives.
$BTC
Potential Bitcoin Reserves Discussed by Government Task Force
مُلخص الذكاء الاصطناعي
According to Odaily, David Sacks, known as the 'Crypto Czar,' addressed the possibility of Bitcoin reserves during a press conference in Washington on Tuesday. He stated that considering Bitcoin reserves is a primary issue for the government task force he is part of. However, the task force is still in its early stages, awaiting confirmation of some cabinet members. Sacks emphasized that this topic remains a priority.
When questioned about the involvement of the cryptocurrency industry in the White House's initiatives, Sacks mentioned that a statement would be released in the future to authorize some form of engagement with the industry.
Republican lawmakers joined Sacks at the press conference to announce the formation of a bipartisan congressional task force aimed at developing cryptocurrency regulatory frameworks. Sacks met with several Republican legislators, including Senate Banking Committee Chairman Tim Scott, Senate Agriculture Committee Chairman John Boozman, House Financial Services Committee Chairman French Hill, and House Agriculture Committee Chairman Glenn Thompson.
Previously, Sacks had indicated that the feasibility of Bitcoin reserves was under study, but he could not comment on whether sovereign wealth funds should hold cryptocurrencies
Potential Bitcoin Reserves Discussed by Government Task Force
مُلخص الذكاء الاصطناعي
According to Odaily, David Sacks, known as the 'Crypto Czar,' addressed the possibility of Bitcoin reserves during a press conference in Washington on Tuesday. He stated that considering Bitcoin reserves is a primary issue for the government task force he is part of. However, the task force is still in its early stages, awaiting confirmation of some cabinet members. Sacks emphasized that this topic remains a priority.
When questioned about the involvement of the cryptocurrency industry in the White House's initiatives, Sacks mentioned that a statement would be released in the future to authorize some form of engagement with the industry.
Republican lawmakers joined Sacks at the press conference to announce the formation of a bipartisan congressional task force aimed at developing cryptocurrency regulatory frameworks. Sacks met with several Republican legislators, including Senate Banking Committee Chairman Tim Scott, Senate Agriculture Committee Chairman John Boozman, House Financial Services Committee Chairman French Hill, and House Agriculture Committee Chairman Glenn Thompson.
Previously, Sacks had indicated that the feasibility of Bitcoin reserves was under study, but he could not comment on whether sovereign wealth funds should hold cryptocurrencies
#USBitcoinReserves
Potential Bitcoin Reserves Discussed by Government Task Force
مُلخص الذكاء الاصطناعي
According to Odaily, David Sacks, known as the 'Crypto Czar,' addressed the possibility of Bitcoin reserves during a press conference in Washington on Tuesday. He stated that considering Bitcoin reserves is a primary issue for the government task force he is part of. However, the task force is still in its early stages, awaiting confirmation of some cabinet members. Sacks emphasized that this topic remains a priority.
When questioned about the involvement of the cryptocurrency industry in the White House's initiatives, Sacks mentioned that a statement would be released in the future to authorize some form of engagement with the industry.
Republican lawmakers joined Sacks at the press conference to announce the formation of a bipartisan congressional task force aimed at developing cryptocurrency regulatory frameworks. Sacks met with several Republican legislators, including Senate Banking Committee Chairman Tim Scott, Senate Agriculture Committee Chairman John Boozman, House Financial Services Committee Chairman French Hill, and House Agriculture Committee Chairman Glenn Thompson.
Previously, Sacks had indicated that the feasibility of Bitcoin reserves was under study, but he could not comment on whether sovereign wealth funds should hold cryptocurrencies
Potential Bitcoin Reserves Discussed by Government Task Force
مُلخص الذكاء الاصطناعي
According to Odaily, David Sacks, known as the 'Crypto Czar,' addressed the possibility of Bitcoin reserves during a press conference in Washington on Tuesday. He stated that considering Bitcoin reserves is a primary issue for the government task force he is part of. However, the task force is still in its early stages, awaiting confirmation of some cabinet members. Sacks emphasized that this topic remains a priority.
When questioned about the involvement of the cryptocurrency industry in the White House's initiatives, Sacks mentioned that a statement would be released in the future to authorize some form of engagement with the industry.
Republican lawmakers joined Sacks at the press conference to announce the formation of a bipartisan congressional task force aimed at developing cryptocurrency regulatory frameworks. Sacks met with several Republican legislators, including Senate Banking Committee Chairman Tim Scott, Senate Agriculture Committee Chairman John Boozman, House Financial Services Committee Chairman French Hill, and House Agriculture Committee Chairman Glenn Thompson.
Previously, Sacks had indicated that the feasibility of Bitcoin reserves was under study, but he could not comment on whether sovereign wealth funds should hold cryptocurrencies
$BTC
$BTC About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
$BTC About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
#PCEInflationWatch
$BTC About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
$BTC About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
$XRP
NYSE Arca Seeks Approval to Convert Grayscale's XRP Trust to Spot ETF
مُلخص الذكاء الاصطناعي
According to Odaily, the New York Stock Exchange (NYSE) Arca has filed a 19b-4 document, aiming to convert Grayscale's XRP Trust into a spot Exchange-Traded Fund (ETF). The trust currently manages assets worth approximately $16.1 million. This filing represents the second step in a two-part process for applying for a spot crypto ETF with the U.S. Securities and Exchange Commission (SEC). The exchange submits the 19b-4 document to the SEC to propose amendments to existing rules, allowing the ETF to be traded. This step is crucial in the ETF approval process, and once the SEC approves the document, it will be published in the Federal Register, initiating the approval procedure
NYSE Arca Seeks Approval to Convert Grayscale's XRP Trust to Spot ETF
مُلخص الذكاء الاصطناعي
According to Odaily, the New York Stock Exchange (NYSE) Arca has filed a 19b-4 document, aiming to convert Grayscale's XRP Trust into a spot Exchange-Traded Fund (ETF). The trust currently manages assets worth approximately $16.1 million. This filing represents the second step in a two-part process for applying for a spot crypto ETF with the U.S. Securities and Exchange Commission (SEC). The exchange submits the 19b-4 document to the SEC to propose amendments to existing rules, allowing the ETF to be traded. This step is crucial in the ETF approval process, and once the SEC approves the document, it will be published in the Federal Register, initiating the approval procedure
#XRPETFIncoming?
NYSE Arca Seeks Approval to Convert Grayscale's XRP Trust to Spot ETF
مُلخص الذكاء الاصطناعي
According to Odaily, the New York Stock Exchange (NYSE) Arca has filed a 19b-4 document, aiming to convert Grayscale's XRP Trust into a spot Exchange-Traded Fund (ETF). The trust currently manages assets worth approximately $16.1 million. This filing represents the second step in a two-part process for applying for a spot crypto ETF with the U.S. Securities and Exchange Commission (SEC). The exchange submits the 19b-4 document to the SEC to propose amendments to existing rules, allowing the ETF to be traded. This step is crucial in the ETF approval process, and once the SEC approves the document, it will be published in the Federal Register, initiating the approval procedure
NYSE Arca Seeks Approval to Convert Grayscale's XRP Trust to Spot ETF
مُلخص الذكاء الاصطناعي
According to Odaily, the New York Stock Exchange (NYSE) Arca has filed a 19b-4 document, aiming to convert Grayscale's XRP Trust into a spot Exchange-Traded Fund (ETF). The trust currently manages assets worth approximately $16.1 million. This filing represents the second step in a two-part process for applying for a spot crypto ETF with the U.S. Securities and Exchange Commission (SEC). The exchange submits the 19b-4 document to the SEC to propose amendments to existing rules, allowing the ETF to be traded. This step is crucial in the ETF approval process, and once the SEC approves the document, it will be published in the Federal Register, initiating the approval procedure
See original
$BTC #FedHODLFinancial markets are expecting the Federal Reserve to [determine the expected action from the Federal Reserve today]. This expectation is based on several factors, including:
* Inflation rates: Inflation remains high in the United States, which is putting pressure on the Federal Reserve to raise interest rates.
* Labor market: The labor market remains strong, with the unemployment rate falling to its lowest level in decades.
* Economic growth: The US economy is showing some signs of slowing, but growth remains positive.
How will today's decisions affect the markets?
If the Federal Reserve decides [the expected action from the Federal Reserve today], we may see:
* Stock prices rise: If the Federal Reserve's decisions are positive, this may lead to higher stock prices.
* Bond prices fall: Conversely, raising interest rates may lead to lower bond prices.
* Impact on currencies: The Federal Reserve's decision may affect the value of the US dollar against other currencies.
Following events
You can follow today's Federal Reserve decisions through:
* Economic news sites: such as Bloomberg, CNBC, and Reuters.
* Federal Reserve website: You can view the Federal Reserve statement after the meeting ends on its official website.
* Inflation rates: Inflation remains high in the United States, which is putting pressure on the Federal Reserve to raise interest rates.
* Labor market: The labor market remains strong, with the unemployment rate falling to its lowest level in decades.
* Economic growth: The US economy is showing some signs of slowing, but growth remains positive.
How will today's decisions affect the markets?
If the Federal Reserve decides [the expected action from the Federal Reserve today], we may see:
* Stock prices rise: If the Federal Reserve's decisions are positive, this may lead to higher stock prices.
* Bond prices fall: Conversely, raising interest rates may lead to lower bond prices.
* Impact on currencies: The Federal Reserve's decision may affect the value of the US dollar against other currencies.
Following events
You can follow today's Federal Reserve decisions through:
* Economic news sites: such as Bloomberg, CNBC, and Reuters.
* Federal Reserve website: You can view the Federal Reserve statement after the meeting ends on its official website.
See original
#FedHODL
#FedHODL Today, financial markets expect the Federal Reserve to [determine the expected action from the Federal Reserve today]. This expectation is based on several factors, including:
* Inflation rates: Inflation remains high in the United States, which is putting pressure on the Federal Reserve to raise interest rates.
* Labor market: The labor market remains strong, with the unemployment rate falling to its lowest level in decades.
* Economic growth: The US economy is showing some signs of slowing, but growth remains positive.
How will today's decisions affect the markets?
If the Federal Reserve decides [the expected action from the Federal Reserve today], we may see:
* Stock prices rise: If the Federal Reserve's decisions are positive, this may lead to higher stock prices.
* Bond prices fall: Conversely, raising interest rates may lead to lower bond prices.
* Impact on currencies: The Federal Reserve's decision may affect the value of the US dollar against other currencies.
Following events
You can follow today's Federal Reserve decisions through:
* Economic news sites: such as Bloomberg, CNBC, and Reuters.
* Federal Reserve website: You can view the Federal Reserve statement after the meeting ends on its official website.
#FedHODL Today, financial markets expect the Federal Reserve to [determine the expected action from the Federal Reserve today]. This expectation is based on several factors, including:
* Inflation rates: Inflation remains high in the United States, which is putting pressure on the Federal Reserve to raise interest rates.
* Labor market: The labor market remains strong, with the unemployment rate falling to its lowest level in decades.
* Economic growth: The US economy is showing some signs of slowing, but growth remains positive.
How will today's decisions affect the markets?
If the Federal Reserve decides [the expected action from the Federal Reserve today], we may see:
* Stock prices rise: If the Federal Reserve's decisions are positive, this may lead to higher stock prices.
* Bond prices fall: Conversely, raising interest rates may lead to lower bond prices.
* Impact on currencies: The Federal Reserve's decision may affect the value of the US dollar against other currencies.
Following events
You can follow today's Federal Reserve decisions through:
* Economic news sites: such as Bloomberg, CNBC, and Reuters.
* Federal Reserve website: You can view the Federal Reserve statement after the meeting ends on its official website.
See original
$BTC
#MicroStrategyAcquiresBTC
MicroStrategy Continues to Buy Bitcoin Through Late 2024
MicroStrategy continued to increase its Bitcoin holdings at the end of last year, but reduced the size of purchases as the largest cryptocurrency by market value surged.
In a disclosure to US regulators on Monday, the company said it bought about 1,070 Bitcoins worth $101 million during the last two days of last year, at an average price of $94,000 per unit.
Earlier last week, the US software company announced a $209 million purchase of Bitcoin in the seven days ending December 29, its eighth weekly purchase.
MicroStrategy is looking to capitalize on the crypto market momentum following Donald Trump’s presidential election victory, aiming to raise $42 billion over the next three years through stock and convertible bond sales, with the goal of buying more $BTC .
#MicroStrategyAcquiresBTC
MicroStrategy Continues to Buy Bitcoin Through Late 2024
MicroStrategy continued to increase its Bitcoin holdings at the end of last year, but reduced the size of purchases as the largest cryptocurrency by market value surged.
In a disclosure to US regulators on Monday, the company said it bought about 1,070 Bitcoins worth $101 million during the last two days of last year, at an average price of $94,000 per unit.
Earlier last week, the US software company announced a $209 million purchase of Bitcoin in the seven days ending December 29, its eighth weekly purchase.
MicroStrategy is looking to capitalize on the crypto market momentum following Donald Trump’s presidential election victory, aiming to raise $42 billion over the next three years through stock and convertible bond sales, with the goal of buying more $BTC .
See original
#MicroStrategyAcquiresBTC
#MicroStrategyAcquiresBTC
MicroStrategy to Continue Buying Bitcoin Through Late 2024
MicroStrategy continued to increase its bitcoin holdings at the end of last year, but scaled back purchases as the cryptocurrency’s largest asset by market value surged.
In a filing with U.S. regulators on Monday, the company said it bought about 1,070 bitcoins worth $101 million over the last two days of last year, at an average price of $94,000 per unit.
Earlier last week, the U.S. software company announced a $209 million purchase of bitcoin in the seven days ending Dec. 29, its eighth weekly purchase.
MicroStrategy is looking to capitalize on the crypto market momentum following Donald Trump’s presidential election victory, aiming to raise $42 billion over the next three years through stock and convertible bond sales, with the goal of buying more $BTC.
#MicroStrategyAcquiresBTC
MicroStrategy to Continue Buying Bitcoin Through Late 2024
MicroStrategy continued to increase its bitcoin holdings at the end of last year, but scaled back purchases as the cryptocurrency’s largest asset by market value surged.
In a filing with U.S. regulators on Monday, the company said it bought about 1,070 bitcoins worth $101 million over the last two days of last year, at an average price of $94,000 per unit.
Earlier last week, the U.S. software company announced a $209 million purchase of bitcoin in the seven days ending Dec. 29, its eighth weekly purchase.
MicroStrategy is looking to capitalize on the crypto market momentum following Donald Trump’s presidential election victory, aiming to raise $42 billion over the next three years through stock and convertible bond sales, with the goal of buying more $BTC.
See original
$ETH
#DeepSeekImpact
..
⭕Why did the Chinese app Deepseek's R1 cause an earthquake?
👈Investors woke up on Monday to the success of a relatively small Chinese player in the world of artificial intelligence. According to "Fortune" magazine, investors were terrified by a model that was allegedly trained on a small budget, outperformed GPT-4O, Llama 3.3-70B, and Alibaba's QWEN2.5-72B, and also came from a country that is supposedly behind the United States in artificial intelligence capabilities.. So why did the Chinese app cause an earthquake in the world of artificial intelligence?
👈 Deepseek's R1 application took two months to develop and less than $ 6 million to build, with old chips.
👈 In contrast, OpenAI, the creator of ChatGPT, was founded 10 years ago, and raised $ 6.6 billion in capital.
👈 Companies like OpenAI and Anthropic spend more than $100 million on computing power, relying on massive data centers filled with $40,000 GPUs.
👈 Hangzhou-based DeepSeek was born out of a Chinese hedge fund with $1.4 billion in assets under management as of 2019, according to the South China Morning Post. The fund spun off DeepSeek in 2023, making it an AI startup developing models and building AI products, with a small team of fewer than 200 people.
👈 OpenAI, by contrast, has about 4,500 employees.
Source: Yahoo Finance + Fortune
#DeepSeekImpact
..
⭕Why did the Chinese app Deepseek's R1 cause an earthquake?
👈Investors woke up on Monday to the success of a relatively small Chinese player in the world of artificial intelligence. According to "Fortune" magazine, investors were terrified by a model that was allegedly trained on a small budget, outperformed GPT-4O, Llama 3.3-70B, and Alibaba's QWEN2.5-72B, and also came from a country that is supposedly behind the United States in artificial intelligence capabilities.. So why did the Chinese app cause an earthquake in the world of artificial intelligence?
👈 Deepseek's R1 application took two months to develop and less than $ 6 million to build, with old chips.
👈 In contrast, OpenAI, the creator of ChatGPT, was founded 10 years ago, and raised $ 6.6 billion in capital.
👈 Companies like OpenAI and Anthropic spend more than $100 million on computing power, relying on massive data centers filled with $40,000 GPUs.
👈 Hangzhou-based DeepSeek was born out of a Chinese hedge fund with $1.4 billion in assets under management as of 2019, according to the South China Morning Post. The fund spun off DeepSeek in 2023, making it an AI startup developing models and building AI products, with a small team of fewer than 200 people.
👈 OpenAI, by contrast, has about 4,500 employees.
Source: Yahoo Finance + Fortune
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