floating-point 8
Floating-Point 8: Revolutionizing AI Training with Lower Precision
Explore how Floating-Point 8 (FP8) is set to enhance AI training efficiency by balancing computational speed and accuracy, as detailed by NVIDIA's insights.
May 8: Are you betting on the fastest horse?
What a day to usher into the weekend. BTC traded past $10k for a bit and now over 7% higher in the past 24 hours. The clear catalyst was Paul Tudor Jones announcing that his $22 billion fund will be investing in BTC a low single digit % of assets because it's a great hedge against a "great monetary inflation". It also reminded him of gold in the 70s, and I thought this was the highlight "At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin.” It is also important to note this will largely remove much career risk of any hedge fund manager who wants to allocate into BTC today. Next wave of institutional buyers coming soon? Is that why CME listed futures open interest hit a record high yesterday?
Litecoin vs Ethereum: The 8 Differences that You Should Know
Litecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.
Top 8 Credible Blockchain News Websites That Are Worth Reading in 2020
You might be familiar with the term “blockchain” if, during the recent years, you have been using cryptocurrency. Yet, if you search about it, you may find different definitions. We bring you one simple version: blockchain is a list of records, also known as a database or a” public book” that records bitcoin transactions.
Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency
On Tuesday, the News York Times reported about frustrated crypto investors demanding their money back. But things are thick than expected. The situation reflects similar cases in which many cryptocurrency investors frequently fall into trap each year. The article, therefore, highlights important things that crypto investors should think about before investing in cryptocurrency.
Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program
Earlier this year, Banque de France, the French central bank launched a program of experiments to test out the potential central bank digital money aimed for interbank settlements. The program of experiments was launched in late March 2020, where the central bank asked participants to submit their applications before May 15, 2020. The French central bank is open to test out new technology, although it did not specify using blockchain.
Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO
As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.
Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst
Cole Garner, an on-chain analyst, has disclosed that BTC is at a critical inflection point in its adoption journey as institutional investors step in.
Cardano’s Stake Pools Reached 700 Just Five Days after Successful Shelley Hard Fork
Cardano’s Shelley hard fork was successfully launched on July 29, and within 8 hours, 267 stake pools have already registered. The Shelley hard fork took Cardano’s network into its second phase of development, succeeding the Byron era. The Shelley update enables Cardano to become more decentralized and autonomous.
Next 2-3 Years to be a Turning Point for Bitcoin, BTC to follow Tesla's Footsteps - Deutsche Bank Analyst
According to Deutsche Bank analyst and Harvard economist Marion Laboure, the next two to three years should be a turning point for Bitcoin.
NexChange Interview Series: Dr. Patrice Poujol, Part 1
Dr. Patrice Poujol is an EnTech research expert and a film practitioner. He has 8-year experience in the financial sector and movie finance and 12-year experience as a creative consultant and producer in the movie industry. In 2018, he obtained the first PhD worldwide on the integration of blockchain technology in Creative Media (CityU Hong Kong) through an academic exchange with UCLA and a participation in the MEFTI programme organised by MIT.
Exclusive: Talent Shortage is The Key Pain Point in the AI Industry
Artificial intelligence is one of the emerging fintech trends in Hong Kong. While there are some great minds and AI companies in Hong Kong, they can’t survive without sufficient funding and technical support from government and industry leaders. We had the opportunity to invite Timothy Leung, Executive Director of HKAI Lab, to share his thoughts on how HKAI Lab facilitates the growth of AI ecosystem in Hong Kong. He also identified talent shortage is the key pain point in AI industry which hinders integration of AI and blockchain.