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Kimi K3 writes H100 CUDA kernel 14.82x faster than PyTorch, intensifying US-China AI race
Moonshot AI's Kimi K3 generates an H100 CUDA kernel 14.82x faster than PyTorch. The 2.8T parameter open-weight model …
Anthropic merges Chat and Cowork modes into unified Claude interface
Anthropic merges Claude's Chat and Cowork modes into a unified interface with local file access and persistent memory…
US regulators miss GENIUS Act’s one-year deadline for final stablecoin rules
The delay does not postpone the law’s Jan. 18, 2027 effective date, leaving regulators and stablecoin issuers with …
Dave Eggers warns OpenAI staff ChatGPT is silencing a generation
Author Dave Eggers told OpenAI staff that ChatGPT's effect on education is catastrophic, raising questions about AI's…
China’s AI model announcements at World AI Conference send US tech stocks tumbling
China's WAIC 2026 AI announcements, including Moonshot AI's Kimi K3 and MiniMax's M3, sent the Nasdaq down 1.4% and p…
Alphabet’s $80B equity raise spotlights the massive capital demands of the AI boom
Alphabet announced an $80 billion equity capital raise, including a $40 billion ATM stock-sale program and $10 billio…
Trump posts may soon reach trading bots before users and prediction markets are not ready
Trump Media is turning Truth Social posts into a feed for traders, and prediction markets now face a timing problem. …
Tokenization has become a strategic priority for 84% of financial firms
A Broadridge survey found Wall Street is accelerating tokenization efforts while betting on hybrid markets where digi…
Bloom Energy faces setbacks in AI data center growth as execution risks mount
Bloom Energy's nearly 1,000% stock rally faces headwinds from grid delays and execution risks as AI data center power…
Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion
Washington just gave one of the world's largest digital currencies a more official place in the US financial system. …
SEC Approves Higher IBIT Options Limits As Bitcoin ETF Market Matures
The SEC has approved a NYSE Arca rule change that raises position and exercise limits for options on BlackRock’s iS…
One year later, GENIUS Act just made stablecoins easier to sell
On the eve of the GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly…
Trusted Volumes Hacker Returns 1,122 ETH, Keeps $2M Bounty
A hacker tied to the Trusted Volumes exploit has returned 1,122 ETH to the protocol, closing part of a security incid…
Google overhauls Gemini usage quotas with compute-based limits, squeezing power users
Google shifts Gemini Apps from prompt-based to compute-based usage quotas, squeezing power users and reshaping the AI…
Scott Bessent proposes independent agency to oversee frontier AI models
Treasury Secretary Scott Bessent proposes a FINRA-style independent agency to oversee frontier AI models, reporting t…
Bank of America names senior executives to drive AI adoption in global markets
Bank of America appointed senior executives to lead AI transformation and a global digital assets platform across its…
US government considers FINRA-style regulator for AI oversight, and crypto should pay attention
Google DeepMind CEO proposes a FINRA-style self-regulatory body for frontier AI models with a 30-day review period, c…
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…
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 …
FTX to begin fifth creditor distribution on July 31
FTX will begin its fifth creditor distribution on July 31, with eligible customers receiving payments through BitGo, …
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…
Trump aide allegedly made $100K betting on 12 speeches before anyone knew – then Kalshi stepped in
More than a dozen speeches are alleged, but no cited report dates the first alert, restriction, or CFTC referral. The…
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
The court found an undisclosed deficit and said Knaken cannot repay customers in full, leaving recovery to an indepen…
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 …