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  • 19:14
    Citi: Global AI industry revenue expected to reach $975 billion by 2030
    BlockBeats News, November 3, Citigroup predicts that by 2030, global artificial intelligence industry revenue will reach $975 billion, compared to $43 billion in 2025, indicating a compound annual growth rate as high as 86%. This growth reflects the accelerated adoption and commercialization of AI technology by enterprises, while hyperscale cloud service providers are increasing infrastructure investments to meet surging market demand. Last week, four major U.S. tech giants—Alphabet (Google's parent company), Meta (Facebook's parent company), Microsoft, and Amazon—announced plans to significantly increase their annual capital expenditures, ramping up investments in semiconductor infrastructure and data center capacity to support the rapidly growing demand for artificial intelligence. Citigroup estimates that the total capital expenditure of major U.S. cloud computing providers will reach $4.4 trillion between 2026 and 2030, while the total global investment (including sovereign funds and other institutions) is expected to reach $7.75 trillion. (Golden Ten Data)
  • 19:14
    "Machi" 25x Ethereum long position liquidated, resulting in a $15 million loss
    BlockBeats News, on November 3, according to OnchainLens monitoring, "Machi" Huang Licheng's 25x long position in ETH was fully liquidated, resulting in a loss of $15 million.
  • 19:13
    Yilihua: The current crypto market sentiment is excessively fearful; in the short term, there is investment value, but risk control and stop-loss measures are necessary.
    BlockBeats News, November 4th, Liquid Capital (formerly LD Capital) founder Yi Lihua stated in a post, "While the Nasdaq continues to rise, the current sentiment in the crypto market is excessively fearful. In the short term, the crypto market offers good investment value. One should be greedy when others are fearful, but of course, risk control and stop-loss measures should also be in place, as there may still be unknown risks in the market. I still advise non-genius professional traders not to participate in contract trading; the volatility of spot trading in the crypto market is already significant enough."
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