Trage In the News
Trage Technologies Acquires Latest Nvidia Chips to Propel Financial Innovation
Saturday, April 13th 2024, 9:06 AM CDT
https://rivercountry.newschannelnebraska.com/story/50666890/trage-technologies-acquires-latest-nvidia-chips-to-propel-financial-innovation
Marshall Islands, 13th Apr 2024, King NewsWire – Trage Technologies, a leading fintech company renowned for its commitment to innovation in the financial industry, has announced a significant upgrade to its cutting-edge…
Marshall Islands, 13th Apr 2024, King NewsWire – Trage Technologies, a leading fintech company renowned for its commitment to innovation in the financial industry, has announced a significant upgrade to its cutting-edge systems with the acquisition of the latest Nvidia chips. This strategic move is poised to reinforce Trage Tech’s position as a pioneer in leveraging advanced technology to revolutionize financial markets.
At the forefront of technological advancements, Trage Tech continuously seeks to enhance its proprietary software, algorithms, and systems to unlock the full spectrum of possibilities within the financial landscape. With the acquisition of approximately 3 million USD worth of the latest Nvidia RTX A6000 chips as well as the Nvidia A100 chips, Trage Tech reaffirms its dedication to excellence and its relentless pursuit of innovation.
Nvidia is set to spend at least $10B to secure its share of limited 5nm chip supply | PC Gamer
The integration of the latest Nvidia chips into Trage Tech’s systems will enable the company to further optimize its algorithmic trading strategies and enhance its ability to identify and seize upon trading and arbitrage opportunities across diverse trading platforms. By harnessing the unparalleled processing power and efficiency of Nvidia chips, Trage Tech aims to elevate its capabilities to new heights, delivering superior performance and precision in financial markets.
Arbitrage trading, a cornerstone of Trage Tech’s operations, stands to benefit significantly from the upgraded systems. The enhanced computational capabilities provided by the A6000 chips will empower Trage Tech to execute arbitrage trades with even greater speed, accuracy, and efficiency, thereby maximizing profitability and minimizing risk for its clients.
“We are thrilled to announce the acquisition of the latest Nvidia chips, which represents a significant milestone in our ongoing pursuit of excellence,” said Michael Hearn, CEO of Trage Technologies. “By integrating these state-of-the-art chips into our systems, we are poised to further enhance our ability to deliver innovative solutions and drive transformative change in the financial industry.”
Arbitrage trading plays a vital role in ensuring market efficiency, stability, and liquidity, and the latest Nvidia chips will enable Trage Tech to continue pushing the boundaries of what is possible in financial markets. With its unwavering commitment to innovation and technological advancement, Trage Technologies remains at the forefront of driving positive change and unlocking new opportunities in global financial markets.
For more information about Trage Technologies and its innovative solutions, please visit www.tragetech.com.
Korea Event Covered on Korea News Site
Posted Sept 1
https://www.surprisenews.kr/news/articleView.html?idxno=488704
English Version of News Site
TrageTech, a leading fintech company specializing in the development of advanced data analytics, trading software, and AI modules applicable to cryptocurrency, currency, and stock markets, announced on the 30th that it has begun its full-scale entry into the Korean market by holding a seminar at BEXCO in Busan on the 22nd.
Trazitech sees Korea as a market with tremendous potential for fintech innovation. With the world’s highest internet connectivity and a strong presence of leading manufacturing and technology companies, Korea is at the forefront of digital and traditional market development.
This week’s merger of AI chipset company Rebellion and SK Telecom’s Sapion Korea further solidifies Korea’s role in AI chipset manufacturing and shows how important the region’s technology growth is, the company said.
Mike Holloway, CEO of Tragitech/Reporter Jeong Myeong-dal of Surprise News
Commenting on the event, Mike Holloway, CEO of Tragitech, said: “By hosting this event and establishing our team in Korea, we believe we are laying the foundation for a strong future presence in this dynamic market. Korea’s innovative ecosystem aligns perfectly with our vision to leverage AI and advanced technologies to transform financial markets.”
“The most important aspect of this event is that Koreans will have the opportunity to learn how top software developers think, design, and build software using the latest AI hardware,” said Mike Holloway, CEO of Tragitech, which is committed to contributing to financial growth and education in Korea.
He continued, “We envision a future where AI-based automated wealth management programs empower individuals around the world to start saving and investing with just $100 or $1,000. Financial literacy is critical for intergenerational growth, and we are committed to spreading this movement in Korea and beyond.”
TrageTech Korea Seminar Poster/Surprise News Reporter Jeong Myeong-dal
Meanwhile, TrageTech is a cutting-edge fintech company dedicated to developing data analytics, trading software, and AI modules. The company’s solutions are designed to meet the needs of the cryptocurrency, currency, and stock markets, providing users with advanced tools to understand and leverage the complexities of the modern financial environment.