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Texas becomes the third US state to approve a public crypto reserve, allowing direct purchases of assets averaging $500B+ in market cap over 24 months (Vince Dioquino/Decrypt)

Vince Dioquino / Decrypt : Texas becomes the third US state to approve a public crypto reserve, allowing direct purchases of assets avera...

22 January 2025

Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei (Financial Times)

Financial Times:
Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei  —  Chinese owner of video app seeks growth from AI as its social media business comes under pressure in US

Posted from: this blog via Microsoft Power Automate.

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