Bitcoin price recovery will occur when “weak hands” sell and hashrate recovers

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In a response to Gabor Gurbacs, formerly of VanEck, on X, Argentine President Javier Milei reiterated his support for Bitcoin (BTC), and gave his blessing to be the new local currency. In the post, he also highlighted how cryptocurrency can be a tool to revitalize the national economy.

Milei announced that Argentina will allow multiple currencies to compete, and this includes Bitcoin. “There will be free currency competition. If you want to use Bitcoin, there will be no problems,” he wrote.

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Microsoft would be concerned about a possible agreement between Apple and OpenAI: Sam Altman would have guided the developers of the Siri assistant on how it could have the capabilities of a chatbot using the ChatGPT APIs. Satya Nadella is afraid that demand for servers will grow after Apple launches its new features – considering that its data centers are used by OpenAI – and increase competition with Copilot. The information is from the 9to5Mac website.

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A frog-inspired memecoin created with the help of ChatGPT has valued more than 1400% in the last 30 days and reached a market capitalization of US$600 million, joining the list of the 200 largest tokens on the market.

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OpenAI confirms it is already training GPT-4's successor: despite not identifying it as "GPT-5," the company expects the model to bring "the next level of capabilities" to chatbots, digital assistants, search engines and generators of images. There is no forecast for its release at this time. The information is from the Slashdot website.

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Elon Musk's startup xAI plans to build a supercomputer four times more powerful than Meta's GPU cluster, the largest currently: the “Gigafactory of Compute” project consists of a machine with 100,000 Nvidia H100 cards to train large language models . There are indications that Musk is considering a partnership with Oracle for the project, but there is no official confirmation yet. The information is from the Tech Xplore website.

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Nvidia shares rose with strong revenue forecasts and leadership in AI, but analysts still wonder how far the company can go on the stock market

Reuters

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Amazon plans to upgrade Alexa with generative AI via a monthly subscription later this year: the company plans to launch a more conversational version of its device, to compete with ChatGPT. The price of the subscription has not yet been revealed, but inside sources suggest that it will not be included in Amazon's Prime package. The information is from CNBC.

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Meta, Match Group and Coinbase announce coalition to protect against fraud in dating apps, social media and digital currencies: the "Tech Against Scam" group emerged with the aim of companies sharing data and educating users, especially after the emergence of AIs, which made it possible to create more convincing scams. The information is from the TechCrunch website.

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Google's AI projects are motivated by "panic" of falling behind the competition, says former employee: Scott Jensen, senior UX designer for more than 16 years at the company, reinforces that new products do not reflect a true need of users, criticizing the lack of direction and comparing the current situation with the launch of Google+ in response to Facebook, in 2011. The information is from the Business Insider website.

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British court rules that Craig Wright is not Satoshi Nakamoto 🙌🏻, creator of Bitcoin: the action was filed by the Crypto Open Patent Alliance, whose members include Jack Dorsey's payments company Block (founder of Twitter) in order to prevent Wright from suing Bitcoin developers. According to the judge in the case, he had forged documents by claiming to be the author of the 2008 white paper that contains the founding text of the digital currency. Wright will appeal the court's decision. The information is from Reuters.

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OpenAI’s Chief Scientist and Co-Founder Is Leaving the Company

In November, Ilya Sutskever joined three other OpenAI board members to force out Sam Altman, the chief executive, before saying he regretted the move.
(New York Times)

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