Welcome to The Daily InLeo! We pull the best articles in Finances, Crypto news, and Hive/Leo into one condensed information-packed space. Artificial intelligence has continued to reshape industries, and the need for robust infrastructure and enhanced security measures has become more crucial than ever. From OpenAI’s billion-dollar partnership with CoreWeave to INLEO’s security updates for LeoAuth, advancements in AI infrastructure are accelerating at an unprecedented pace. Meanwhile, the Federal Reserve’s potential rate cuts signal a shift in economic policy, influencing markets and investment strategies. This article explores these key developments, analyzing their impact on AI growth, cybersecurity, and financial stability. The featured articles are worth your reading and engagement time. CoreWeave Partners with OpenAI on AI infrastructure CoreWeave has secured a five-year, $11.9 billion contract with OpenAI to provide AI infrastructure. OpenAI will receive $350 million in CoreWeave stock ahead of CoreWeave's planned IPO, allowing OpenAI to integrate CoreWeave's specialized cloud services for AI development. CoreWeave's partnership with OpenAI aims to advance AI capabilities globally and enhance OpenAI's AI model training and deployment capabilities. CoreWeave, originally a crypto-mining firm, has rapidly grown into a key AI infrastructure provider, competing with Amazon and Google. Despite reporting $1.92 billion in revenue for 2024, the company faced a net loss of $863.4 million. This partnership will allow OpenAI to diversify its computing resources beyond Microsoft, enhancing its AI model development. The Cost of AI is Plummeting The cost of AI is dropping significantly, making it more accessible for various applications. Specifically, the cost of training models like LLM has seen a drastic reduction over the past few years. Smaller models are becoming more prevalent due to cost reductions, leading to specialized applications in different fields. More advanced AI algorithms and structural designs are enabling reasoning and thinking capabilities in AI models. This makes the integration of AI models into real-world applications to drive revenue generation and further encourage advancements in the field. This trend is expected to continue, with larger models pushing the AI race while smaller models become revenue generators INLEO Updates LeoAuth's Security INLEO has updated LeoAuth login module with added security measures, changed functionality from cookie sessions to local storage, and recommended using Keychain for better security. This is aimed at enhancing security while maintaining user-friendliness, and addressing feedback received about LeoAuth. The update has been implemented. LeoAuth now encrypts keys on the local browser and uses a PIN for sign-in, shifting the risk from the network to local storage. Multiple sign-in methods are available for users to choose their preferred level of security and user-friendliness trade-off. LeoAuth is recommended for new users, but Keychain is suggested for better security. Interest Rate Cuts on Target President Donald Trump is targeting to cut interest rates to stimulate economic growth. It is believed that initial jobless claims, lower prices, and low inflation data could lead to interest rate cuts. This has resulted in the ongoing market turbulence which in turn is a signal to the FED to lower interest rates. The market turbulence will inspire the FED to open the way for interest rate cuts to encourage investment in U.S.-based firms and control government bond interest rates. Do you think this is a step in the right direction? InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. Subscribe to The Daily InLeo and start being up to date with the crypto & finance world!The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Wednesday, March 12, 2025
Improving AI Infrastructure & INLEO Security, FED Rates Cut
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