Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

AMD Acquires Taalas for Custom AI Inference Chip Technology

Advanced Micro Devices said Thursday it entered into an agreement to acquire Taalas, a Toronto-based startup that makes chips for inference, as the generative artificial intelligence boom approaches its fourth anniversary. Taalas' accelerators are customized, or hard-wired for a single AI model, rat
OliverGrant·08-06 20:18
AMD Acquires Taalas for Custom AI Inference Chip Technology

Anthropic Confirms Custom Silicon Team Hiring Plans

Anthropic is hiring a custom silicon team to design chips for running its models, the company confirmed through a spokesperson. Business Insider noticed a job listing yesterday for a senior engineer with semiconductor design experience, with current openings visible on Anthropic's job board for a
OliverGrant·08-06 20:16
Anthropic Confirms Custom Silicon Team Hiring Plans

Ondo Founder's Mother Files Complaint to Remove CEO Ian De Bode

Kathleen Allman, mother of late Ondo Finance founder Nathan Allman, filed a complaint in Delaware Court of Chancery on July 24 seeking control of the company and removal of Ian De Bode as chief executive and president. Allman alleges De Bode improperly assumed the CEO role without board approval
ONDO3.47%
USDY-0.03%
CryptoFrontier·08-06 20:15
Ondo Founder's Mother Files Complaint to Remove CEO Ian De Bode

Savers Value Village Launches ThriftIQ AI Pricing Platform

Savers Value Village launched ThriftIQ, an AI-powered pricing platform designed to optimize product pricing across its men's and women's apparel assortment, the company told CNBC exclusively. The tool aims to reduce manual pricing work and bring greater consistency to the tricky-to-price thrift
OliverGrant·08-06 20:12
Savers Value Village Launches ThriftIQ AI Pricing Platform

US-Japan Yen Intervention Uses Fed FIMA Repo, Adding Market Liquidity

The Wall Street Journal reported on the 6th that US-Japan yen intervention uses the Fed's FIMA repo facility, adding liquidity to the US economy. Joint intervention began on the 31st of last month with dollar selling and yen buying. Treasury Secretary Scott Bessent stated the need to expand the
LucasBennett·08-06 19:21
US-Japan Yen Intervention Uses Fed FIMA Repo, Adding Market Liquidity

Analyst Raises Gold Allocation to 80%, Sets $4,500 Target

Florian Grummes, founder and managing director of Midas Touch Consulting, raised his gold allocation from 50% to 80% on Wednesday after a six-month pause. The shift followed Japan's Finance Ministry announcement on Aug. 3 that it would use the Federal Reserve's FIMA repo facility for currency
LucasBennett·08-06 19:11
Analyst Raises Gold Allocation to 80%, Sets $4,500 Target