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Artificial Intelligence Investment Could Reach $200B Globally by 2025: Goldman Sachs

“Despite this extremely fast growth, the near-term GDP impact is likely to be fairly modest given that AI-related investment currently accounts for a very low share of U.S. and global GDP,” the analysts wrote, adding that while investment so far has been focused on model development, a “substantially larger hardware

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Bitcoin (BTC) to Reach $300K by 2028 Halving, Says Asset Manager Morgan Creek’s CEO

Yusko joins other bitcoin bulls who have recently predicted a higher price for the digital currency. Most recently, British multinational bank, Standard Chartered, predicted that bitcoin could reach $120,000 by the year-end. Meanwhile, Crypto services provider Matrixport, said it sees bitcoin rallying to as high as $125,000 by the end

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Couple behind Bitfinex money laundering scheme reach plea deal with US prosecutors

The husband and wife alleged to have laundered billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack have reached a plea agreement with authorities in the United States.According to records filed with U.S. District Court in the District of Columbia on July 21, Ilya Lichtenstein and Heather

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Global metaverse market could reach $322 billion by 2030, research shows

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential  According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during

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Federal Reserve’s banking bailouts reach a new weekly high of $103B

The American central bank’s emergency fund for embattled banks has seen its highest level of distressed asset redemptions since its inception three months ago.The emergency lending program — known as the Bank Term Funding Program (BTFP) — was introduced in March amid the United States banking crisis which saw the collapse of

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