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Bank of America taps new leaders to bridge crypto, AI and traditional finance
Sonali Theisen was named head of BofA's global digital assets platform, while Kevin Milsom was tapped to serve as hea…
Moonshot AI’s Kimi K3 model prompts David Sacks to warn US over AI competitiveness
David Sacks warns US is losing the AI race after Moonshot AI launches Kimi K3, a 2.8 trillion parameter model priced …
Meta Platforms faces uncertainty over AI return on invested capital as capex balloons to $145B
Meta Platforms plans up to $145B in 2026 capex for AI infrastructure as Morningstar assigns a High Uncertainty Rating…
TikTok tests AI likeness detection tool with US creators, raising questions about digital identity’s future
TikTok tests an AI likeness detection tool for US creators using Jumio identity verification, highlighting implicatio…
Citadel backs two rival crypto exchanges with $600 million as both chase the same Wall Street prize
Crypto.com and Kraken are pursuing the same tokenized-market expansion, while only one has disclosed Citadel’s oper…
OpenAI CFO outlines scorecard for measuring AI investment value
OpenAI CFO Sarah Friar introduces 'useful intelligence per dollar' scorecard to measure AI investment ROI, shifting f…
Trezor exec pushes back on ZachXBT claim that hardware wallets are ‘complete garbage’
"I do not advise using them for important tasks like signing transactions or storing funds," ZachXBT wrote this week.
Brex open sources CrabTrap to secure enterprise AI agents
Brex open-sources CrabTrap, an HTTP proxy that intercepts AI agent network traffic using deterministic rules and LLM …
Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic, and markets are paying attention
Moonshot AI's Kimi K3 model packs 2.8 trillion parameters and challenges OpenAI and Anthropic, sending ripples throug…
Nvidia stock sinks amid concerns over AI demand, and crypto’s AI sector should be paying attention
Nvidia stock dropped 2.4% after briefly hitting a $4 trillion market cap, raising concerns about AI capex sustainabil…
Tesla and Intel earnings this week could ripple across crypto markets
Tesla and Intel report Q2 2026 earnings this week. Here's why Bitcoin holders and crypto investors should pay close a…
Meta in talks to lease computing power to Anthropic in deal that may reach $10B
Meta is negotiating a $10B deal to host Anthropic's Claude AI models, while Bitcoin miner TeraWulf signed a $19B leas…
Amazon Web Services customers receive erroneous bills up to $1.5T
AWS billing glitch showed customers invoices up to $1.5 trillion. Here's what happened, why crypto companies should c…
Polymarket faces dispute risk with $2B FDV bet on USD.AI token launch
Polymarket's USD.AI FDV market has drawn $5.5M in volume, with traders betting heavily against a $2B valuation for th…
Valar Atomics seeks $1B financing at $5B valuation with Sequoia in talks to lead
Valar Atomics is seeking $1B at a $5B valuation with Sequoia in talks to lead, days after achieving nuclear criticali…
Alphabet stock drops amid concerns over AI researcher departures
Alphabet shares fell 7.2% intraday after key DeepMind researchers, including a Nobel laureate, departed for OpenAI an…
SpaceX and Blue Origin race to build massive satellite networks for AI data centers
SpaceX and Blue Origin are filing for massive satellite constellations to build orbital AI data centers, with implica…
Nebius raises $775M in debt to expand AI cloud without diluting shareholders
Nebius Group secures $775 million in senior secured debt to scale its AI cloud platform and GPU capacity, backed by o…
Google expects AI budget to rise amid capacity shortages, with capex doubling to $190B
Alphabet plans to spend up to $190 billion on AI infrastructure in 2026, doubling its 2025 capex, as persistent compu…
Meta Platforms stock drops amid capital raising speculation
Meta Platforms shares fell 5.5% after a Financial Times report suggested a massive equity offering to fund AI infrast…
DeepSeek symbolizes China’s ambitions in frontier AI, faces uncertainty ahead of potential IPO
DeepSeek's rapid rise from hedge fund spin-off to $52B AI powerhouse challenges US dominance and sends ripple effects…
Arena introduces factuality rankings for language models, shaking up positions for Claude, GPT-5.5, and Muse Spark
Arena.ai's new factuality-adjusted leaderboard reshuffles AI rankings, boosting GPT-5.5 by 13 spots while Muse Spark …
Uber to acquire Delivery Hero in $14.8 billion deal, creating a food delivery giant spanning 99 markets
Uber announced a $14.8 billion all-cash takeover bid for Delivery Hero, creating a delivery giant across 99 markets w…
Amazon fixes AWS billing bug that overcharged customers billions on paper
AWS billing bug showed customers estimated charges in the billions and trillions. Here's why crypto companies relying…
Wells Fargo rolls out AI Teammate for financial advisors managing $2.4 trillion in client assets
Wells Fargo launched its AI Teammate for financial advisors managing $2.4 trillion in client assets, part of a $1 bil…
British Virgin Islands emerges as a top crypto hub for exchanges
Kraken, Bitstamp, Bitfinex, and 1inch have registered as VASPs in the British Virgin Islands, making the tiny Caribbe…
Bitmine nears its Ethereum buying limit – Now it needs demand to make the bet pay off
Bitmine plans to slow its Ethereum purchases as its holdings approach 5% of the cryptocurrency’s supply, ending a y…
IBM warns sales fall short of expectations amid AI shift, stock drops 25%
IBM shares fell 25% after Q2 2026 revenue of $17.2B missed estimates by ~$700M as enterprise clients shift spending t…
Apple posts 22% growth in iPhone sales, and crypto markets are paying attention
Apple's fiscal Q2 2026 results show 22% iPhone revenue growth to $57B and record $111.2B total revenue, boosting risk…
Galaxy Digital puts its name on Texas Tech football stadium in 15-year partnership
The deal's financial terms were not disclosed, but Yahoo Sports reported the agreement is worth more than $70 million.