As China continues to crackdown on energy-burning servers farms minting bitcoin, the miners are moving to places like North America. At one point, roughly 70% of all bitcoin was being produced in China. China had long tolerated the bitcoin mining industry which tapped cheap electricity in coal rich northern China or hydroelectric power in the west even though it had effectively banned...
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How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
Microsoft’s push to put artificial intelligence into its software has hinged almost entirely on OpenAI, the startup Microsoft funded in exchange for the right to use its cutting-edge technology. But as the costs of running advanced AI models rise, Microsoft researchers and product teams are working on a plan B. In recent weeks, Peter Lee, who oversees Microsoft’s 1,500 researchers,...
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