Daily Tech: SMCI expansion, Robo services and Trump crypto reserves

FutureGate | March 03 2025

Super Micro Expands U.S. Manufacturing as Liquid Cooling Gains Traction

Super Micro Computer Inc. (SMCI) is ramping up its U.S. manufacturing capacity, anticipating a significant shift in data center infrastructure. The company forecasts that up to 30% of new data centers will adopt liquid cooling solutions, a technology critical for managing the heat generated by high-performance computing and AI workloads. This expansion aligns with the growing demand for energy-efficient solutions in an increasingly AI-driven economy.

WeRide Introduces Autonomous Bus Service in France

Chinese autonomous vehicle firm WeRide has expanded its global footprint with the launch of a fully autonomous bus service in Drôme, France. The company partnered with beti and Renault to deploy the Robobus, marking a step forward in Europe's push toward self-driving public transportation. As regulatory frameworks evolve, WeRide’s expansion could serve as a test case for broader adoption of autonomous mobility solutions in the region.

Trump Names Five Cryptocurrencies for U.S. Strategic Reserve

President Trump has identified Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) as the initial assets to be included in a newly proposed U.S. cryptocurrency reserve. This move signals a potential shift in the government's approach to digital assets, offering greater legitimacy to select cryptocurrencies while raising questions about regulatory oversight and market implications. Investors are closely watching for further details on implementation and whether additional assets may be included.

Nvidia-Backed CoreWeave Eyes $4B IPO

CoreWeave, a cloud infrastructure provider specializing in AI and high-performance computing, is reportedly preparing for a $4 billion initial public offering (IPO). The Nvidia-backed company has gained traction as demand for AI workloads surges, leveraging advanced GPUs to power machine learning applications. With Nvidia’s deep involvement in the AI ecosystem, CoreWeave’s IPO is expected to attract strong institutional interest, reflecting broader market enthusiasm for AI-driven infrastructure.