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"We're entering this transition from a position of strength and bringing real-world experience to meet the demands of the AI factory".
Learn more about @Vertiv's alignment with @nvidia below.
https://www.tahawultech.com/channel/vertiv-confirms-strategic-alignment-with-nvidia/
#Vertiv #NVIDIA #tahawultech
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Zawya
19 minutes ago
- Zawya
Nvidia CEO says UK needs computing power to develop AI
Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia's CEO said on Monday, as the UK partners with the U.S. chipmaker for a new AI testing environment. Jensen Huang's comments came as the Financial Conduct Authority announced a new framework to allow financial firms to experiment with AI tools in a controlled environment from October, part of a government strategy to support innovation and economic growth. "The UK is the largest AI ecosystem in the world without its own infrastructure," Huang told an audience at London Tech Week alongside Prime Minister Keir Starmer, citing the country's top universities, startups and third-largest AI venture capital market. He praised Starmer's plan to boost Britain's domestic computing capabilities by 20 times and provide 1 billion pounds ($1.36 billion) of investment. "The ability to build these AI supercomputers here in the UK will naturally attract more startups, it will naturally enable all of the rich ecosystem of researchers here," he added, saying Britain was "an incredible place to invest". The FCA has partnered with Nvidia to provide access to advanced computing power and bespoke AI. The programme is intended to help firms in the early stages of exploring AI, offering access to technical expertise, better datasets and regulatory support, the FCA said. It is open to all financial services companies experimenting with AI. Finance minister Rachel Reeves has urged Britain's regulators to remove barriers to economic growth, describing it as an "absolute top priority" for the government. In April, she said she was pleased with how the FCA and the Prudential Regulation Authority, part of the Bank of England, were responding to her call to cut red tape. Starmer also said in a speech opening London Tech Week that Israeli fintech firm Liquidity Group would open its European headquarters in London, representing an investment of 1.5 billion pounds. ($1 = 0.7369 pounds)


Zawya
an hour ago
- Zawya
Wall Street heads for cautious start, dollar eases ahead of US-China talks
Wall Street index futures hovered a touch higher while the dollar pared recent gains at the outset of London talks meant to mend a trade rift between the United States and China. S&P 500 E-minis were up around 8 points, or 0.1%, while Nasdaq 100 E-minis ticked 14 points higher, to almost 0.1%. MSCI's broadest index of world shares climbed 0.2%, and earlier hit a record high of 894.13. Europe's STOXX 600 ticked 0.2% lower, weighed by aerospace and defence-linked sectors. Top trade representatives from Washington and Beijing are due to meet for talks expected to focus on critical minerals, whose production is dominated by China. "Trade policy will remain the big macro uncertainty," said Kyle Rodda, a senior financial market analyst at "Signs of further momentum in talks could give the markets fresh boost to kick off the week." U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will represent Washington in talks with China, U.S. President Donald Trump said in a social media post. China's foreign ministry said Vice Premier He Lifeng will be in Britain for the first meeting of the China-U.S. economic and trade consultation mechanism. Wall Street stocks closed sharply higher on Friday after the closely watched monthly U.S. jobs data eased concerns about damage to the world's biggest economy from Trump's unpredictable tariff regime. Sentiment was weighed down by a standoff in Los Angeles that led to Trump calling in the California National Guard to quell demonstrations over his immigration policies. The dollar fell 0.4% against the yen to 144.315, trimming its 0.9% jump on Friday. The European single currency rose about 0.2% to $1.1415. Sterling rose against the dollar 0.4% to $1.3595. CHINA EXPORT GROWTH SLOWS U.S. job growth slowed in May by less than forecast, data showed on Friday. But dour economic readings from China added to evidence the trade war is taking a toll. China's export growth slowed to a three-month low in May, while factory-gate deflation deepened to its worst level in two years, separate reports showed on Monday. Tariff negotiation hopes dispelled dour economic data and Asian markets closed higher. The Japanese Nikkei closed almost 1% higher, China's blue-chip CSI300 Index climbed roughly 0.3%, while the Shanghai Composite Index gained 0.4%. Japan is considering buying back some super-long government bonds issued in the past at low interest rates, two sources with direct knowledge of the plan said on Monday. Attention now turns to U.S. inflation data on Wednesday that may adjust expectations for the timing of any rate cuts by the Federal Reserve. The Fed is in a blackout period ahead of its June 18 policy decision. "Beneath the surface, fragilities are building," said Bruno Schneller, managing director at Erlen Capital Management, noting that the U.S. CPI release is expected to show another rise, signaling that inflation remains sticky. "While this may offer some near-term support for the U.S. dollar, broader macro dynamics – notably fiscal expansion, rising structural deficits, and political unpredictability – are increasingly clouding the outlook for both rates and currencies," he said. Gold rose around 0.25% to $3,318 per ounce after a 1.3% fall on Friday. Brent crude recovered earlier losses to climb 20 cents to $66.67 while U.S. WTI crude rose 19 cents to $64.67 a barrel following a 1.9% surge late last week. (Reporting by Nell Mackenzie in London and Rocky Swift in Tokyo; Editing by Dhara Ranasinghe and Bernadette Baum)


Zawya
an hour ago
- Zawya
7 top new meme coins to invest in this month– one with 69% APY and a token burn plan
The presale's design is complemented by a robust staking mechanism offering a 69% APY, providing investors with an opportunity to earn passive income. Additionally, Troller Cat plans to introduce a play-to-earn Game Center, which will implement deflationary mechanics by reducing the token supply, potentially increasing demand and value over time. Emphasis on Security and Transparency Troller Cat places a strong emphasis on security and transparency. The project's smart contract has undergone thorough audits to ensure reliability and security, while the team has completed KYC verification, demonstrating a commitment to regulatory compliance and investor trust. With over $200,000 raised and more than 1000 holders participating in the presale, Troller Cat is rapidly gaining momentum. The combination of structured investment stages, high-staking rewards, and a focus on security positions Troller Cat as one of the top new meme coins to invest in this month. 2. Goatseus Maximus ($GOAT) Goatseus Maximus, or GOAT, is a meme coin that has captured attention with its unique origin story. Launched on the Solana blockchain, GOAT is notable for being the first meme coin created by an AI agent, specifically the AI chatbot Truth Terminal. This innovative approach has contributed to its rapid rise in popularity and market capitalization. Currently trading at approximately $0.1339, GOAT has achieved a market cap of over $133 million, reflecting strong investor interest. Its integration of AI technology and meme culture positions it uniquely in the crypto space, appealing to both tech enthusiasts and meme coin investors. GOAT's combination of AI innovation and meme appeal makes it a standout among the top new meme coins to invest in this month. 3. Cat in a Dog's World ($MEW) Cat in a Dog's World (MEW) is a Solana-based meme coin that offers a fresh perspective in a market dominated by dog-themed tokens. Launched in March 2024, MEW aims to disrupt the status quo by introducing a feline-themed alternative. Trading at around $0.003499, MEW has a market cap exceeding $305 million, indicating substantial investor interest. Its unique branding and narrative have helped it carve out a niche in the crowded meme coin landscape. MEW's distinctive theme and strong market performance secure its place among the top new meme coins to invest in this month. 4. Mog Coin ($MOG) Mog Coin (MOG) is an Ethereum-based meme coin that originated as a joke but quickly gained traction in the crypto community. Launched in July 2023, MOG leverages the viral nature of internet memes to build its brand and community. Currently priced at approximately $0.000001025, MOG has a market cap of nearly $399 million, reflecting its rapid growth and adoption. Its recent appearance in public spaces, such as the 'Be Someone' mural in Houston, demonstrates its expanding cultural impact. MOG's blend of meme culture and community engagement makes it a compelling choice among the top new meme coins to invest in this month. 5. Neiro ($NEIRO) Neiro (NEIRO) is a meme coin launched on the Ethereum blockchain in August 2024, inspired by a real-life Shiba Inu adopted by Atsuko Sato after the passing of Kabosu, the original Dogecoin dog. Trading at approximately $0.000474, NEIRO has a market cap nearing $199 million, indicating strong community support. It's tribute to a beloved internet icon, combined with a community-driven approach, has resonated with investors and meme enthusiasts alike. NEIRO's heartfelt origin and solid market performance position it as one of the top new meme coins to invest in this month. 6. Notcoin ($NOT) Notcoin (NOT) is a meme coin that embraces the absurdity of the crypto world. With slogans like 'probably nothing,' NOT challenges traditional investment narratives, appealing to a community that values humor and irony. Currently trading at around $0.002342, NOT has a market cap of approximately $240 million, reflecting its growing popularity. Its unique branding and community-driven approach have helped it stand out in a crowded market. NOT's unconventional approach and strong community support make it a noteworthy contender among the top new meme coins to invest in this month. 7. Book of Meme ($BOME) Book of Meme (BOME) is a meme coin that aims to archive and celebrate meme culture within the crypto space. Launched on the Solana blockchain, BOME serves as a digital repository for memes, blending cultural preservation with cryptocurrency. Trading at approximately $0.002001, BOME has a market cap of around $138 million, indicating a strong market presence. Its unique mission and integration of meme culture into the blockchain make it a distinctive player in the meme coin arena. BOME's innovative concept and solid market performance earn it a spot among the top new meme coins to invest in this month. Conclusion: Navigating the Meme Coin Landscape Based on the latest research, the top new meme coins to invest in this month include Troller Cat ($TCAT), Goatseus Maximus (GOAT), Cat in a Dog's World (MEW), Mog Coin (MOG), Neiro (NEIRO), Notcoin (NOT), and Book of Meme (BOME). Each of these coins offers unique features and narratives that cater to different investor interests. Troller Cat's structured presale, high-staking rewards, and upcoming play-to-earn Game Center make it a particularly compelling option for those looking to enter the meme coin market. Its emphasis on security and transparency further enhances its appeal. As the meme coin market continues to expand, staying informed and identifying projects with strong fundamentals and community support will be key to successful investing. For More Information: Website: Buy Now: X: Frequently Asked Questions Q1: What makes Troller Cat's presale unique? Troller Cat's presale is structured into 26 stages, starting at a low entry price and offering a 69% APY on staking. This tiered approach incentivizes early investment and provides opportunities for passive income. Q2: How does the play-to-earn Game Center impact Troller Cat's value? The upcoming Game Center will implement deflationary mechanics by reducing the token supply, potentially increasing demand and value over time. Q3: What security measures has Troller Cat implemented? Troller Cat's smart contract has undergone thorough audits, and the team has completed KYC verification, demonstrating a commitment to security and transparency. Q4: Why are meme coins gaining popularity? Meme coins combine internet culture with cryptocurrency, appealing to a broad audience and often fostering strong community engagement. Q5: How can investors participate in Troller Cat's presale? Investors can participate in the presale by purchasing tokens at the current stage price, with no minimum purchase required. A minimum of $25 is needed to use a referral code. Glossary of Key Terms 1. Meme Coin: A cryptocurrency that originates from or is inspired by internet memes, often community-driven and humor-focused. 2. Presale: The early-stage offering of tokens to investors before they are listed on public exchanges, usually at a lower price. 3. Staking: The process of locking up cryptocurrency to earn rewards or interest, often used to support the network's operations. 4. Deflationary Token: A cryptocurrency designed to reduce its total supply over time, often through mechanisms like token burning or game-based usage. 5. ROI (Return on Investment): A performance metric used to evaluate the profitability of an investment. 6. APY (Annual Percentage Yield): The real rate of return earned on an investment over a year, accounting for compound interest. 7. KYC (Know Your Customer): A process of verifying the identity of clients to comply with regulatory requirements. 8. Smart Contract: Self-executing contracts with the terms of the agreement directly written into code. 9. GameFi: A fusion of gaming and decentralized finance (DeFi), where players can earn cryptocurrencies by participating in blockchain games. 10. Solana / Ethereum Blockchain: Public blockchain networks on which many meme coins are built. Solana is known for high speed, while Ethereum offers vast developer tools.