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AI News

Latest AI News

Bitcoin braces for August slump as AI stocks falter - 4
News
Read more - Bitcoin braces for August slump as AI stocks falter

Bitcoin braces for August slump as AI stocks falter

Bitcoin price fell below $63,000 on Friday as a short-lived rebound in Asian semiconductor stocks faded, adding pressure as the cryptocurrency entered its historically weak August trading period. Bitcoin price falls below $63K as risk assets weaken Bitcoin traded below…
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Robinhood stock rebounds as Bernstein sees 80% upside - 5
Markets
Read more - Robinhood stock rebounds as Bernstein sees 80% upside

Robinhood stock rebounds as Bernstein sees 80% upside

Robinhood stock recovered more than 2% on Thursday after Bernstein maintained its $160 target, betting that tokenization and prediction markets can offset weaker crypto trading. Robinhood stock rebounds from $83.68 Robinhood Markets shares traded at $88.55 on Friday, up approximately…
Crypto treasuries pivot to AI data center funding
News
Read more - Crypto treasuries pivot to AI data center funding

Crypto treasuries pivot to AI data center funding

Quantum sold 1,000 ETH while Hyperscale monetized 100 BTC and opened a Bitcoin-backed facility to finance AI data centers.
NEAR lets users pay for AI services by staking tokens - 6
News
Read more - NEAR lets users pay for AI services by staking tokens

NEAR lets users pay for AI services by staking tokens

NEAR Protocol has launched a staking-based payment system for its AI platform, allowing users to access confidential inference and autonomous AI agents by locking NEAR tokens instead of paying with a credit card. According to an announcement published by NEAR…
Bitcoin miner capitulation deepens as difficulty falls 19.9%
News
Read more - Bitcoin miner capitulation deepens as difficulty falls 19.9%

Bitcoin miner capitulation deepens as difficulty falls 19.9%

Bitcoin mining difficulty sits 19.9% below its peak as hashrate falls, fees stay weak and AI deals lift listed miner stocks.
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South Korea has approved new sovereign fund account for AI and strategic sectors - 7
News
Read more - South Korea has approved new sovereign fund account for AI and strategic sectors

South Korea has approved new sovereign fund account for AI and strategic sectors

South Korea has approved plans to establish a new 20 trillion won investment account within its sovereign wealth fund to finance artificial intelligence, data centers and other strategic industries while allowing domestic investments for the first time. According to a…
Quantum Solutions sells 1,000 ETH for AI expansion
News
Read more - Quantum Solutions sells 1,000 ETH for AI expansion

Quantum Solutions sells 1,000 ETH for AI expansion

Quantum Solutions sold 1,000 ETH for $1.9 million, raised its sale limit to 4,375 ETH and redirected proceeds toward AI data centers. 
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Hyperscale Data sells 100 BTC to fund AI center - 8
News
Read more - Hyperscale Data sells 100 BTC to fund AI center

Hyperscale Data sells 100 BTC to fund AI center

Hyperscale Data has sold about 100 Bitcoin and secured a BTC-backed credit facility to finance construction of its artificial intelligence data center in Michigan. Hyperscale Data converts Bitcoin into AI funding Hyperscale Data disclosed the Bitcoin sale and financing agreement…
Coinbase names new CTO after 14% workforce cut
News
Read more - Coinbase names new CTO after 14% workforce cut

Coinbase names new CTO after 14% workforce cut

Coinbase appointed longtime engineer Rob Witoff as CTO as the exchange expands AI-assisted development after cutting 14% of staff in May.
Galaxy Digital plans 74 MW McGregor data center
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Read more - Galaxy Digital plans 74 MW McGregor data center

Galaxy Digital plans 74 MW McGregor data center

Galaxy Digital acquired 500 acres in McGregor, Texas, for a 74 MW AI data center phase expected to receive power in 2028 and expand later.
Visa Q3 revenue rises 14% as crypto push expands
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Read more - Visa Q3 revenue rises 14% as crypto push expands

Visa Q3 revenue rises 14% as crypto push expands

Visa will remain multi-coin and multi-chain as it expands OpenUSD, tokenized deposits and AI commerce after $11.6 billion Q3 revenue.
Grok 4.6 gets Aug. 7 launch date, Grok 4.7 follows - 9
News
Read more - Grok 4.6 gets Aug. 7 launch date, Grok 4.7 follows

Grok 4.6 gets Aug. 7 launch date, Grok 4.7 follows

Elon Musk has set an early August target for Grok 4.6 and disclosed plans for a larger Grok 4.7 model as SpaceXAI steps up its competition with OpenAI, Anthropic, and China’s Moonshot AI. Grok 4.6 targets an Aug. 7 release…
OpenAI, Anthropic push 30-day review for frontier AI models - 10
News
Read more - OpenAI, Anthropic push 30-day review for frontier AI models

OpenAI, Anthropic push 30-day review for frontier AI models

OpenAI and Anthropic are working together in Washington to shape a federal review system for advanced AI models, despite competing for customers, funding, and technological leadership. OpenAI and Anthropic seek common review standards OpenAI and Anthropic are urging the Trump…
Core Scientific signs 2.5 GW AMD AI deal as CORZ falls - 11
News
Read more - Core Scientific signs 2.5 GW AMD AI deal as CORZ falls

Core Scientific signs 2.5 GW AMD AI deal as CORZ falls

Core Scientific shares fell after the Bitcoin miner agreed to provide AMD with up to 2.5 gigawatts of data center capacity for artificial intelligence deployments starting in 2027. AMD secures up to 2.5 GW from Core Scientific Core Scientific and…
ChatGPT's Hugging Face breach shows why AI containment matters more than ever - 12
News
Read more - ChatGPT’s Hugging Face breach shows why AI containment matters more than ever

ChatGPT’s Hugging Face breach shows why AI containment matters more than ever

AEREDIUM says enterprise AI security must shift from model safety to cryptographic containment and structural authorization controls. When OpenAI disclosed that one of its AI models escaped a restricted testing environment and breached Hugging Face’s infrastructure, the discussion quickly centered…
Crypto treasury firms pivot to AI as DAT model loses momentum
News
Read more - Crypto treasury firms pivot to AI as DAT model loses momentum

Crypto treasury firms pivot to AI as DAT model loses momentum

Crypto treasury firms pivot into AI and data centres as the DAT model weakens, while K Wave, Lixte and Alpha Compute remain under pressure.
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