Tech Brew Ride Home Thu. 12/05 – Bitcoin $100k!
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Dec 5, 2024 Bitcoin has soared past the $100k milestone, a move influenced by new regulatory changes. Trump's selected appointees are reshaping Silicon Valley's landscape, especially in cryptocurrency and antitrust. Meanwhile, Amazon enters the AI scene with its Nova models, promising to shake up content generation. Google DeepMind's latest innovations are set to enhance weather forecasting and gaming experiences. On the autonomous front, Waymo is gearing up to launch its robotic taxi service in Miami by 2026.
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Bitcoin Hits $100k
- Bitcoin crossed $100,000 for the first time, driven by a 126% rally since January 2024.
- Crypto trading volume hit a record high in November, exceeding $10 trillion, fueled by optimism for a friendlier regulatory environment under Trump.
Key Appointments
- Trump has nominated Paul Atkins, a crypto advocate, as SEC chair and Gail Slater, a tech-focused populist Republican, to head the DOJ's antitrust unit.
- These appointments signal a potential shift in regulatory approach towards crypto and tech companies.
Amazon Enters AI Model Arena
- Amazon launched Nova, a family of multimodal AI models, including text, image, and video generation capabilities.
- Simon Willison suggests Nova's competitive pricing and performance could establish Amazon as a top-tier AI model provider.