Cryptocurrencies and personal AI: Tech to watch out for in 2025
Published On Jan 6, 2025, 7:04 PM
The cryptocurrency market is experiencing a revival, driven by Donald Trump’s election win which brings optimism for a favorable regulatory environment. Trump's nomination of Paul Atkins, a pro-cryptocurrency figure, to the SEC is expected to ease restrictions on banks providing crypto services, potentially making the U.S. a leader in cryptocurrency regulation. Bitcoin's value has recently surged past $100,000 due to these developments. Additionally, the data center industry anticipates $1 trillion in investments over the next five years, fueled by rising demand for artificial intelligence, particularly with the introduction of Nvidia's new Blackwell chip.
Stock Forecasts
NVDA
Positive
The demand for data centers will rise as investments pour in to support AI infrastructure, especially with the anticipated increase in capacity in various European cities. Companies like Nvidia, which are indispensable for data centers, are poised for significant growth.
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