Musk: Tesla may build its own AI chip factory, producing millions of chips per month.

PANews reported on November 7th that, according to the Sky (formerly MakerDAO) forum, Spark Prime proposed discontinuing sUSDS and sDAI collateral in SparkLend on the Ethereum network: the supply cap for both assets would be set to 1, the maximum LTV would be adjusted to 0%, the emode liquidation threshold for stablecoins would remain unchanged, and existing positions would not trigger new liquidation risks. Simultaneously, the PYUSD interest rate model benchmark would be raised to the Sky Savings Rate (SSR), and the slope would be lowered by 1% to 2% to stabilize borrowing rates and improve PYUSD circulation. This change requires review by Sky governance and the Stability Facilitator before being included in the next implementation vote.

A recent survey highlights a growing interest among retail investors in cryptocurrency exchange-traded funds (ETFs), signaling a shift in investment preferences toward digital assets. With nearly half of ETF investors considering crypto ETFs, this trend reflects increasing mainstream acceptance of cryptocurrencies amid evolving regulatory landscapes and expanding access through traditional financial products. Approximately 45% of [...]

The post UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future appeared on BitcoinEthereumNews.com. Key Highlights Microsoft and Google pledge billions as part of UK US tech partnership Nvidia to deploy 120,000 GPUs with British firm Nscale in Project Stargate Deal positions UK as an innovation hub rivaling global tech powers UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future The UK and the US have signed a “Technological Prosperity Agreement” that paves the way for joint projects in artificial intelligence, quantum computing, and nuclear energy, according to Reuters. Donald Trump and King Charles review the guard of honour at Windsor Castle, 17 September 2025. Image: Kirsty Wigglesworth/Reuters The agreement was unveiled ahead of U.S. President Donald Trump’s second state visit to the UK, marking a historic moment in transatlantic technology cooperation. Billions Flow Into the UK Tech Sector As part of the deal, major American corporations pledged to invest $42 billion in the UK. Microsoft leads with a $30 billion investment to expand cloud and AI infrastructure, including the construction of a new supercomputer in Loughton. Nvidia will deploy 120,000 GPUs, including up to 60,000 Grace Blackwell Ultra chips—in partnership with the British company Nscale as part of Project Stargate. Google is contributing $6.8 billion to build a data center in Waltham Cross and expand DeepMind research. Other companies are joining as well. CoreWeave announced a $3.4 billion investment in data centers, while Salesforce, Scale AI, BlackRock, Oracle, and AWS confirmed additional investments ranging from hundreds of millions to several billion dollars. UK Positions Itself as a Global Innovation Hub British Prime Minister Keir Starmer said the deal could impact millions of lives across the Atlantic. He stressed that the UK aims to position itself as an investment hub with lighter regulations than the European Union. Nvidia spokesman David Hogan noted the significance of the agreement, saying it would…