BTC $81,364.30 -0.68%
ETH $2,423.57 -1.61%
BNB $718.61 -1.23%
XRP $1.29 -3.07%
SOL $103.83 -1.63%
TRX $0.3365 +0.39%
DOGE $0.0795 -2.73%
ADA $0.2208 -3.57%
BCH $272.36 -3.17%
LINK $12.04 -4.33%
HYPE $78.73 -3.10%
AAVE $154.01 -4.68%
SUI $0.9933 -4.48%
XLM $0.1780 -2.62%
ZEC $1,155.42 -5.39%
AAPL $343.48 -1.45%
AMZN $249.44 -2.06%
GOOGL $340.17 -2.73%
MSFT $528.03 -2.43%
META $709.74 -3.91%
NVDA $214.71 -1.06%
TSLA $352.93 -5.51%
SNDK $1,296.96 -4.24%
INTC $89.49 -4.72%
SPCX $145.41 -2.02%
MU $878.90 -3.36%
AMD $531.00 -3.90%
BTC $81,364.30 -0.68%
ETH $2,423.57 -1.61%
BNB $718.61 -1.23%
XRP $1.29 -3.07%
SOL $103.83 -1.63%
TRX $0.3365 +0.39%
DOGE $0.0795 -2.73%
ADA $0.2208 -3.57%
BCH $272.36 -3.17%
LINK $12.04 -4.33%
HYPE $78.73 -3.10%
AAVE $154.01 -4.68%
SUI $0.9933 -4.48%
XLM $0.1780 -2.62%
ZEC $1,155.42 -5.39%
AAPL $343.48 -1.45%
AMZN $249.44 -2.06%
GOOGL $340.17 -2.73%
MSFT $528.03 -2.43%
META $709.74 -3.91%
NVDA $214.71 -1.06%
TSLA $352.93 -5.51%
SNDK $1,296.96 -4.24%
INTC $89.49 -4.72%
SPCX $145.41 -2.02%
MU $878.90 -3.36%
AMD $531.00 -3.90%

president

All
Article
Flash

first_img New York Federal Reserve President Williams: Supply shortages of AI devices may last for more than two years

John Williams, the president of the New York Federal Reserve, stated that the supply of AI devices may take more than two years to catch up with demand, which could increase inflationary pressures. He made these remarks during an interview with Bloomberg on Tuesday, noting that the construction of AI infrastructure is driving up the prices of chips and goods that use chips. When asked whether the supply and demand for AI would balance out in the next two years, Williams said, "I think it will take longer. Assuming the demand impulse continues as expected, and that is a big assumption."Williams also reiterated his view that the Federal Reserve may need to raise interest rates once more this year to curb inflation. He stated, "I have not changed my view that we may need to raise rates again." However, regarding 2027, he said, "We need to observe," and added, "At this point, I see no reason to believe we need to do more." He also predicted that even with rising interest rates, AI investment will remain strong, as relevant investors are relatively insensitive to prices, believing that AI will bring significant productivity gains and economic transformation.The shortage of AI device supply may affect Bitcoin miners entering the field, as they need to compete for chips and power equipment. IREN signed a new $2.8 billion AI cloud contract in July, while Bitcoin miners face huge financing demands when advancing AI projects, and lenders are becoming increasingly picky.

first_img Anthropic launches presidential candidate outreach program, hiring political project manager

Artificial intelligence company Anthropic is establishing a presidential candidate outreach program, forming an internal team to collaborate with bipartisan presidential candidates on AI issues ahead of the 2028 U.S. election, assisting leadership in developing political strategies and operating political funding projects. The company is hiring a political program manager responsible for establishing and operating related programs for the 2028 election cycle, identifying potential candidates from both parties, providing AI policy education to candidates and their advisors on equal terms, preparing executives for dialogues, and planning party platforms, conventions, and transitions in advance. The position requires over 12 years of experience in campaigns, party committees, or political organizations, along with a record of credible bipartisan collaboration, with a salary ranging from $295,000 to $345,000.Fortune reports that the program is taking shape ahead of the November midterm elections and the company's potential initial public offering, which could be valued at up to $2 trillion. Bruce F. Freed, chairman of the Center for Political Accountability, stated that it is not uncommon for businesses to maintain relationships with presidential campaign teams, but he has not seen such a formal presidential election outreach arrangement. California Democratic Senator Alex Padilla noted that this hiring indicates that cutting-edge model companies are also establishing political operations beyond their products, emphasizing that education and influence are not the same, and urged Anthropic to disclose more details. Katie Harbath, founder and CEO of Anchor Change, believes the unusual aspect is that this role is also responsible for political action committee funding. Anthropic did not immediately respond to requests for comment.
app_icon
ChainCatcher Building the Web3 world with innovations.