Nvidia CEO's Foundation Donates $108M in Computing Resources to Researchers
- Resource Donation: Nvidia CEO Jensen Huang's foundation purchased $108.3 million in computing time from CoreWeave, which will be donated to universities and nonprofits for science and AI research, reflecting a commitment to enhancing AI research infrastructure.
- Engineering Support: Nvidia is also providing free engineering services to select grant recipients, which not only strengthens collaboration with research institutions but also enhances Nvidia's influence in the AI sector.
- Deepening Financial Ties: Nvidia's $2 billion investment in CoreWeave in January made it the company's second-largest shareholder, and the purchase of computing resources further deepens their financial relationship, raising concerns about potential circular financing.
- Cloud Agreement Scrutiny: The $6.3 billion cloud computing capacity deal between Nvidia and CoreWeave guarantees that Nvidia will purchase any unsold cloud capacity, making it a guaranteed buyer of CoreWeave's unused resources, which has drawn investor scrutiny.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00511 | 0.0138 | 0.0198 | 0.0285 | 0.0345 | 0.0432 | 0.0492 |
| Fibonacci | 0.0138 | 0.0194 | 0.0229 | 0.0285 | 0.0341 | 0.0376 | 0.0432 |
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