Volume, GNUS.ai Partner for AI Compute with Mobile GPUs, Paloma Blockchain

Volume.finance and GNUS.ai are thrilled to announce a groundbreaking partnership to launch Paloma Blockchain bots, enabling developers and users to harness GNUS.ai’s decentralized  GPUs with automated payments and jobs. This collaboration aims to advance AI computing at scale, providing innovative solutions for developers and mobile phone owners. Expanding AI Compute with Mobile GPUs GNUS.ai, a pioneer in distributed AI infrastructure, leverages the power of mobile, PC, and IoT GPUs to create a vast network of decentralized physical infrastructure. By integrating GNUS.ai’s SDK into...

Bitrue Ventures Report: AI x Blockchain — Pioneering the Next Moonshot

Following their debut earlier last week, the newly launched investment wing of Bitrue, Bitrue Ventures, has released its first in-house report on emerging market opportunities within the blockchain space. The full report, “AI and Crypto: A Powerful Convergence Shaping the Future of the Internet”, has been made available for all to view here. This 12-page report identifies several untapped synergies that the AI and blockchain industries have available to them to help both grow and details the...

German American Bancorp Sells Insurance Assets to Hilb Group

German American Bancorp, Inc. announced and closed the sale of the assets of its wholly-owned subsidiary German American Insurance (GAI) to Hilb Group, an industry-leading insurance broker. The all-cash transaction is for $40 million, and creates a significant after-tax gain, net of transaction costs, of approximately $27 million. The purchase price represents approximately four times 2023 GAI revenues and approximately 24 times 2023 GAI after-tax earnings. “Our decision to partner with Hilb Group for this...

Digihost Provides May 2024 Production Update and Operations Update

Digihost Technology Inc., an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended May 31, 2024, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Monthly Production Highlights for May 2024 The Company held cash, BTC and cash deposits of approximately $6.0 million as of May 30, 2024 (based on a BTC price of $68,500...

Alchemy Pay Launches Easy Ramp for Crypto Purchases on Linea Network

In a move aimed at advancing blockchain accessibility, Alchemy Pay is excited to unveil its partnership with Linea, a user-friendly zk-Rollup powered by Consensys. Now, Alchemy Pay has integrated Linea blockchain into its ramp platform, facilitating the seamless transfer of virtual assets on Linea network including ETH, USDT, USDC and FOXY through local fiat currencies. This expansion not only broadens Linea’s reach but also simplifies transactions on its network via 50+ local fiat currencies like never...

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