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Netflix acquires Ben Affleck’s AI filmmaking startup for $587M
Netflix paid $587 million in cash for Ben Affleck's AI filmmaking startup InterPositive, integrating its 16-person te…
Kimi K3 faces GPU capacity crunch as demand overwhelms Moonshot AI’s infrastructure
Moonshot AI's Kimi K3 model paused new subscriptions after demand overwhelmed GPU capacity within 48 hours of its Jul…
IBM’s 25% crash highlights AI’s toll on traditional enterprise tech
IBM's 25% single-day crash, its worst since 1968, signals a broad reckoning for legacy tech firms as corporate budget…
Nvidia’s market cap could reach $20T, says Jensen Huang
Analyst Beth Kindig projects Nvidia could reach a $20 trillion market cap by 2030, with AI crypto tokens already rall…
Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking
Proposed trust changes would require no-less-than-quarterly cash distributions, creating a common cadence without fix…
Current AI wants to build a free World Wide Web for artificial intelligence, and it has $400 million to start
Current AI, a non-profit backed by Google and the French government, has raised over $400M to build open-source AI in…
China launches global AI governance organization as Xi Jinping positions Beijing against US tech dominance
Xi Jinping launches WAICO at the 2026 World AI Conference, challenging US tech dominance with open-source AI governan…
Virtuals Protocol agents now discoverable on Binance Wallet’s Meme Rush after Robinhood Chain integration
Virtuals Protocol's AI agents are now live on Binance Wallet's Meme Rush after a Robinhood Chain integration that gen…
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…
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…
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. …
BNB Chain RWA TVL Hits $5.2B As Tokenized Assets Move Beyond Ethereum
BNB Chain has reached a new high in tokenized real-world assets, with RWA.xyz data showing roughly $5.2 billion in to…
BitMine Stock Slides Despite $73M Ethereum Treasury Purchase
BitMine Immersion Technologies has added a major Ethereum position to its balance sheet, but the market reaction show…
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…
Ethereum at Amazon/Nvidia-Like Inflection Point, Tom Lee Forecasts $12,000 ETH
Tom Lee, Chairman of Bitmine Immersion Technologies (the world’s largest corporate holder of Ethereum), is strongl…
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…
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 …
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…