Amazon releases AI chip Trainium 3, encryption mining companies transform to participate in the "GPU gold rush"

BTC-1,74%

PANews reported on December 3 that Amazon has launched its next-generation AI chip Trainium 3, which has a training speed four times that of its predecessor, targeting Nvidia's market share. This chip will be offered as a service through AWS to support large-scale model training. Meanwhile, several Bitcoin mining companies such as Core Scientific and IREN are transforming their data centers into AI infrastructure and have reached multi-billion dollar cooperation agreements with Microsoft and Google. Despite the high enthusiasm for investment in AI infrastructure, analysts warn that if demand slows down, related companies may face a funding gap of up to $800 billion.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC 15-minute sharp decline of 1.60%: Bullish liquidation and risk aversion sentiment intensify short-term selling pressure

2026-03-03 16:30 to 16:45 (UTC), BTC experienced significant short-term volatility, with price ranges between 67485.3 and 68829.8 USDT, yielding a return of -1.60%, and an amplitude reaching 1.95%. At the edge of extreme panic and market bottom, investor attention continues to rise, and trading activity fluctuates with increased volatility. The main driver of this movement is leveraged unwinding and long liquidations in the derivatives market. Data shows that the funding rate is negative (-0.0081%), with retail longs accounting for as much as 65%, indicating a market where "retail investors chase gains, while institutions are on the other side."

GateNews13m ago

Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift

MARA, a Bitcoin mining firm, plans to sell more of its $3.6 billion Bitcoin stash to support its expansion into AI. After selling $413 million worth in 2025 and with fluctuating holdings projected, the strategic shift moves towards becoming a comprehensive digital infrastructure company.

Decrypt20m ago

Bitcoin slides 3% as assets rout; Gold smashes to $5K on oil fears

Bitcoin (CRYPTO: BTC) pulled back from its recent tilt toward the $70,000 threshold as geopolitical tensions in the Middle East intensified concerns about oil supply and global inflation. The closure of the Strait of Hormuz sparked a broad risk-off mood, with equities slipping and safe-haven

CryptoBreaking26m ago

BTC Breaks Through 68,000 USDT

Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,003.2 USDT.

CryptoRadar56m ago

BTC 15-minute increase of 1.07%: Whale transfers and low liquidity periods resonate to drive rapid surge

From 15:30 to 15:45 (UTC) on March 3, 2026, the price of BTC experienced a short-term increase of +1.07%, with the range quote reaching a high of 67,835.0 USDT from an initial 66,815.9 USDT, a fluctuation of 1.53%. Market trading volume also expanded simultaneously, with attention significantly rising, and short-term volatility intensified, reflecting synchronized driving forces from both liquidity and sentiment. The main driver of this movement was large transfers by whale funds. On-chain monitoring data shows that 2,873 BTC (approximately $260 million) were transferred from an unknown address to a major exchange.

GateNews1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)