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A former Google technology executive has sold all his Bitcoin holdings and claimed to have suffered huge financial losses.

2 hours ago

Former technical lead for Google’s YouTube App architecture Patrick Shyu tweeted that he has sold all his Bitcoin and suffered massive financial losses. Shyu noted that Bitcoin has dropped 50% from 120,000 yuan last October to just over 60,000 yuan this summer, adding that no preparation can cushion the psychological impact of such market movements—especially when using leverage... "My leverage ratio was too high. A tiny mistake led to devastating consequences," he said.

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Viewpoint: Widespread adoption of low-cost open-source models has led to a drop in spot rental prices for H100 GPUs and a decline in token price indices.

Investment research firm Silicon Data released data showing that the widespread adoption of low-cost open-source models has led to a drop in spot rental prices for H100 GPUs and a decline in the token price index. However, the firm noted that this does not indicate a weakening of overall AI demand, adding that the large-scale shift of users to low-cost open-source models has instead driven an increase in total computing consumption, sustaining demand for high-end computing resources.

3 minutes ago

Apple Inc. is lobbying the Trump administration to allow it to purchase DRAM chips from China's Changxin Memory Technologies.

According to a report by the Financial Times, Apple Inc. has lobbied the Trump administration to allow it to purchase DRAM chips manufactured by Chinese firm Changxin Memory Technologies.

3 minutes ago

Elon Musk receives approval to acquire Mesh Optical Technologies, an optical communications startup founded by a former SpaceX engineer.

Elon Musk has received regulatory approval to acquire Mesh Optical Technologies, an optical communications startup founded by former SpaceX engineers that specializes in 1.6T OSFP pluggable modules. Documents indicate the fast regulatory approval and highlight the high-reliability DFB laser technology of the firm’s optical engines. Mesh’s technology is designed for high-speed, low-power data transmission in AI data centers, and could be expanded to SpaceX’s Starlink laser communications and space AI computing programs. Serenity believes such acquisitions are favorable to component suppliers like SIVE, POET, LITE, and MTSI that provide lasers and related parts, and signal that the optical interconnect sector is gaining recognition from key industry players, which may drive relevant M&A activity and revenue growth.

3 minutes ago

A whale dormant for two years sold 5,671 ETH.

According to monitoring by Onchain Lens, after two years of inactivity, whale address 0x064 sold 5671 ETH at a price of $1576, receiving 8.938 million USDS in exchange.

3 minutes ago

Apple Inc. is lobbying the Trump administration to allow it to purchase DRAM chips from China's Changxin Memory Technologies.

According to the Financial Times, Apple has lobbied the Trump administration to allow it to purchase DRAM chips manufactured by Chinese company Changxin Memory Technologies.

3 minutes ago

Roundhill Memory ETF has included GigaDevice Semiconductor in its holdings, with a weight of 2.91%.

According to public information, Roundhill Memory ETF (ticker: DRAM) has included GigaDevice Semiconductor in its holdings with a weighting of 2.91%. Jukan, an analyst at Critini Research, noted that GigaDevice is the parent company or an affiliated entity of Chinese DRAM manufacturer Changxin Memory Technologies (CXMT). The DRAM ETF focuses on memory chip firms, with core holdings including industry giants such as Samsung, Micron, and SK Hynix. CXMT was co-founded by Zhu Yiming, founder of GigaDevice, and the two entities have technical, foundry, and investment partnerships. This move highlights the initial exposure of China’s domestic DRAM sector in international ETFs.

3 minutes ago