The Shiba Inu SHIB price surged 45%, peaking above $0.000045 The price of Shiba Inu is definitely parabolic these days. The SHIB price has soared by more than 9% in the last 380 days. Today, SHIB hit a two-year high of $0.00004574. Although the price suddenly fell below $0.00002, a 54% drop in 20 hours, the price has now recovered above $0.000032. The rise in Bitcoin's price, especially after the U.S. Securities and Exchange Commission's (SEC) approval of spot Bitcoin exchange-traded funds (ETFs) in January, set the stage for a broader cryptocurrency market rally. The approval not only strengthened Bitcoin's legitimacy among traditional investors, but also served as a catalyst for its price to approach all-time highs. The expected Bitcoin halving event in April further exacerbated the bullish sentiment, as historical data suggests that the halving event halves the reward for mining new blocks, often leading to a significant price rise into the market due to a reduced supply of new bitcoins. The relationship between Bitcoin's price action and the altcoin market, including meme coins such as Shiba Inu, is well documented. Bitcoin's rally has had a "halo effect" on the broader market, creating a risky environment that makes investors more willing to explore risky assets, leading to increased investment in altcoins and meme coins. This phenomenon is further amplified by the "fear of missing out" (FOMO) as investors rush to capitalize on potential gains, driving prices higher in a self-reinforcing cycle. The appeal of meme coins lies in their ability to spark a wave of community-driven speculation. Compared to traditional stocks or more complex cryptocurrency projects, Meme coins are a more accessible and globally available speculative tool. Kang describes the meme coin as a "skill-based global lottery platform" that encapsulates the unique combination of community effort, skill, and luck that defines its market dynamics. This publicity, combined with the stimulus of speculation, creates a highly engaging and participatory market environment. In addition, the global accessibility and simplicity of the meme coin make it an attractive entry point for new investors in the cryptocurrency market, expanding the market base and increasing the liquidity and volatility of these assets. This broad appeal is crucial during the bull market phase, where the influx of new players can significantly amplify the price action. Shiba Inu prices show a clear technical bullish pattern. In December last year, SHIB's price broke out of a two-year ascending triangle pattern and successfully retested it until early February. This development, along with the previously mentioned factors, has set the stage for a significant increase in prices. SHIB's breakout of the 20-, 50-, and 100-week exponential moving averages (EMAs) confirms its strong bullish trend. After breaking through the August 2022 peak of $0.00001791, SHIB's upward momentum has become unstoppable. (Source: Jake Simmons)

According to a report by Golden Ten on October 26, Sinnet replied to investors on the interactive platform that the computing power center currently deploys NVIDIA A800 eight-card module server, H800 eight-card module server, and is equipped with AMD module server, and the subsidiary Halo Cloud Data provides users with a multi-heterogeneous computing power scheduling platform to provide computing power support for large-scale user training. In view of the recent tightening of export controls on cutting-edge artificial intelligence chips in the United States, the company is actively responding, and the deployment progress of computing power centers may be affected. In addition, in order to comply with the innovative application of computing power in the financial field, combine the company's own characteristics, and expand the company's financial service advantages and capabilities, the company plans to build the second base of financial intelligent computing in Taiheqiao Data Center, and join hands with CICC Cloud Network Data Center to serve Beijing's high-end financial market.

According to IT House on October 14, the fifth season of "Halo: Infinite" will introduce an AI toolkit in the "Caster" Forge mode, which can generate up to 8 different types of characters, including barbarians, elites, infantry, jackals, and more. Players can also customize the AI's behavior, weapons, and even senses, allowing the AI to see through or adjust team relationships. Season 5 will begin on October 17. In addition, AI toolkits can set up mobile areas, guide AI to specific areas, or follow patrol routes. Other details include the direction the AI is facing when it is generated, when it is generated, and how they appear or behave under specific conditions.

According to 36 Krypton’s report on August 10, Xin Xiangrong released an AI large model training and reasoning integrated computing system based on AMD, Lingxi and other heterogeneous chips. Cocopie, base flow technology and other AMD Chinese partners. The first batch of prototypes will be put on the Halo cloud computing platform in the near future to provide testing and services for 20+ vertical field model customers. At the same time, Xinxiangrong has completed an angel round of financing of 100 million yuan, and Ms. Ma Yiming, the co-founder of Sober Heterogeneity, will serve as CEO.

According to Jiemian News, on the evening of June 21, Haitian AAC launched a fixed-increase plan, raising no more than 789.89 million yuan to invest in the "AI large model training data set construction project" and "data production vertical large model research and development project" . Under the halo of AI, Haitian AAC's stock price has performed well this year. From January 3, 2023 to February 15, 2023, it completed a 313% increase in just 27 trading days. However, after touching 192.26 yuan on March 29, the stock price fell back to 115 yuan as of the close on June 21. Compared with the stock price performance, Haitian AAC's performance data has not been synchronized. The data shows that the company's operating income in the first quarter of 2023 was 28.8174 million yuan, a year-on-year decrease of 39.81%, and its net profit was -13.6163 million yuan, turning from profit to loss year-on-year. Moreover, the company's net profit has gradually declined in recent years, with a decline of 61.49% in 2021 compared with 2020, and a further decline of 6.81% in 2022 compared with 2021.

PANews May 17 news, according to the Financial Times, members of the Treasury Department of the British House of Commons called on the British government to abandon plans to regulate cryptocurrencies as a financial service and instead regulate them as gambling. It said the Financial Conduct Authority's proposal to regulate the crypto industry could have a "halo effect", giving the impression that crypto is "safer than it is" and could entice people to put money into speculative markets they should avoid.

Treasury members in the House of Commons have called on the British government to abandon plans to regulate cryptocurrencies as a financial service and instead regulate them as gambling, according to the Financial Times. The commissioner said the regulator's proposal to regulate the crypto industry could have a "halo effect," giving the impression that crypto is "safer than it is" and could lure people into putting money into speculative markets they should avoid.