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Huawei Ascend 910B and DeepSeek: Is Nvidia's Dominance at Risk?

... demonstrates that the market is becoming increasingly competitive. The advantages of Ascend 910B include: Reduced operational costs for AI models. For instance, in DeepSeek projects, the implementation of Ascend 910B has allowed for a reduction in computing power expenses while maintaining a competitive level of performance. High performance comparable to Nvidia GPUs. Ascend 910B is already being successfully used in training neural networks for medical data analysis and autonomous vehicle management. Active ...

Cryptocurrency News August 3, 2025 — Bitcoin at $113,000, XRP ETF and Institutional Influx

... White House published the first strategy on digital assets — a report from the presidential working group explicitly urged financial authorities to accelerate the integration of cryptocurrencies into the national system. These events have served as powerful positive signals for the industry. Similar trends are forming in other parts of the world. In the European Union, the MiCA (Markets in Crypto-Assets) regulations came into effect, introducing transparent rules for the issuance of crypto assets,...

Legalization of Cannabis in Germany: One Year Later – More Problems than Solutions

... the need to reconsider their approach to cannabis, stating: “We have created more problems than we solved.” Background of the Reform The initiative to legalize cannabis emerged after the coalition government led by Chancellor Olaf Scholz came to power in 2021. The coalition agreement included a promise to bring the market for “soft” drugs out of the shadows and to refocus police efforts on combating hard drugs. The bill for the controlled decriminalization of marijuana was introduced in 2022 ...

Economy: Experts Predict Gas Price Increase in Europe

...," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET. He explained that under the current regulatory model, electricity prices in the European Union (EU) depend on the cost of balancing generation, with gas-fired power plants playing a key role in covering sharp spikes in energy demand. As a result, the rising cost of fuel for gas-fired power plants leads to higher electricity prices, the expert clarified. According to Tereshkin, gas prices will continue to ...

Wednesday, November 20, 2024: Key Economic Events of the Day

... markets. Higher inventories could lead to lower oil prices, affecting the profitability of American oil producers and related industries. Weekly Inflation Data in the United States (19:00 GMT) The release of weekly inflation figures will offer a snapshot ... ... interest rates and capital flows. Impact on the United States: Weekly inflation data provide insights into consumer purchasing power and economic health. Persistent inflation may prompt the Federal Reserve to adjust interest rates, influencing borrowing ...