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news-imageApril 4, 2023

Golem And OpenAI In Advanced Negotiations To Harness Supercomputing Power

Granted the testing phase is successful, OpenAI will use Golem's (GLM) available computing power to balance the currently used Microsoft's Azure data centre load during peak hours.  Due to the exponential growth of ChatGPT in popularity, the company faces extraordinary difficulties expanding its servers to meet the demand.
Publisher: CoinPedia
Sentiment: Neutral
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cover-imageCrypto Economy
July 8, 2024

Could Golem's ETH Sales Influence Ethereum's Price?

TL;DR Golem has transferred over 100 million dollars in ETH to exchanges in the last month, raising concerns about potential selling pressure on the price of ETH. The platform's main wallet has moved 24,400 ETH (72 million dollars) in the last three days, with current reserves of 127,634 ETH valued at 372 million dollars.

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