A Telegram ICO Would Be Huge | Crunch Report

TL;DR

Uber has chosen Nvidia as a key technology partner to provide AI computing for its self-driving cars.

Transcript

telegram is planning a multi-billion dollar ICO Hoover taps Nvidia for self-driving chips and draftkings launches single game NFL fantasy concepts it's Monday January 8th and this is crunch report what is up TechCrunch land I'm coming to you from Las Vegas where they're prepping and tomorrow all the CES festivities kick off in the meantime here's t... Read More

Key Insights

• 🥺 Nvidia is being recognized as a leading provider of AI computing technology for autonomous vehicles, as evidenced by its partnership with Uber.
• 👾 DraftKings is innovating in the fantasy sports market by introducing Showdown, a product that focuses on single-game NFL contests.
• 👤 Telegram aims to leverage its existing messaging platform and global user base by launching its own blockchain platform and cryptocurrency.
• 😀 Self-driving technology continues to advance, with Uber already accumulating significant autonomous miles and passenger trips.
• 💗 The popularity of ICOs is fueling the launch of Telegram's blockchain platform, indicating a growing trend in fundraising for blockchain-related projects.
• 🚙 Showdown's success in the NFL could potentially lead to its expansion to other sports, creating a new market for fantasy sports enthusiasts.
• 🤳 Nvidia's GPUs have been instrumental in Uber's self-driving fleets, highlighting the importance of powerful computing in autonomous vehicles.

Questions & Answers

Q: What role will Nvidia play in Uber's self-driving cars?

Nvidia will provide the AI computing aspects of Uber's self-driving software, contributing to the autonomous capabilities of their vehicles.

Q: How successful has Uber been with its self-driving cars so far?

Uber has completed over two million autonomous miles and carried out more than fifty thousand passenger trips using its self-driving vehicles.

Q: What is DraftKings' new NFL fantasy product, Showdown?

Showdown is a fantasy football product offered by DraftKings, allowing users to create lineups using players from just two teams playing in a single game.

Q: Will DraftKings expand Showdown to other sports?

While it has not been confirmed, there are indications that DraftKings may expand Showdown to other sports in the future, depending on its popularity.

Q: What is Telegram's plan for a blockchain platform and a native cryptocurrency?

Telegram is planning to launch its own blockchain platform called the Telegram Open Network (TON) and a native cryptocurrency to enable payments within its chat app and beyond.

Q: How will Telegram fund the launch of its blockchain platform?

Telegram plans to fund the launch of TON through an initial coin offering (ICO) with private pre-sales potentially reaching hundreds of millions, making it one of the largest ICOs to date.

Summary & Key Takeaways

• Uber has selected Nvidia as a technology partner to supply AI computing for its self-driving cars.

• The partnership has been in development for some time and has already involved testing autonomous software on Volvo xc90 SUVs.

• Uber has accumulated two million autonomous miles and over fifty thousand passenger trips in its self-driving vehicles.