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AI News

Latest AI News

Anthropic turns to Meta for $10B in computing power before IPO - 6
News
Read more - Anthropic turns to Meta for $10B in computing power before IPO

Anthropic turns to Meta for $10B in computing power before IPO

Anthropic has proposed leasing up to $10 billion of computing power from Meta Platforms over two years as the AI developer prepares for a possible October IPO. According to Reuters, which cited The New York Times, Meta is reviewing the…
David Sacks challenges US AI policy after China’s Kimi K3 tops coding test - 7
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Read more - David Sacks challenges US AI policy after China’s Kimi K3 tops coding test

David Sacks challenges US AI policy after China’s Kimi K3 tops coding test

China’s Kimi K3 has climbed to first place on the Frontend Code Arena, prompting former White House crypto czar David Sacks to warn that US regulation could weaken America’s position in the AI race. Sacks described the benchmark result as…
Will Solana price rebound to $80 as SOL tests key support? - 8
Markets
Read more - Will Solana price rebound to $80 as SOL tests key support?

Will Solana price rebound to $80 as SOL tests key support?

Solana price has fallen nearly 4% to about $74 after a rejection near $77, as a global technology sell-off and leveraged long liquidations have pushed traders toward caution. According to data from crypto.news, Solana (SOL) price extended its decline on…
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CZ challenges Wall Street’s $725B AI bet with Bitcoin inflation claim - 9
News
Read more - CZ challenges Wall Street’s $725B AI bet with Bitcoin inflation claim

CZ challenges Wall Street’s $725B AI bet with Bitcoin inflation claim

Binance co-founder Changpeng Zhao has challenged Wall Street’s projected $700 billion AI spending wave by arguing that Bitcoin offers protection against inflation that artificial intelligence cannot provide. On X, Zhao presented the difference between the two investment themes in a…
George Noble warns AI bubble crash could be 17x worse than dot-com - 10
News
Read more - George Noble warns AI bubble crash could be 17x worse than dot-com

George Noble warns AI bubble crash could be 17x worse than dot-com

Former Fidelity fund manager George Noble has warned that an AI bubble crash could cause 17 times more damage than the dot-com collapse, which erased about $5 trillion from the Nasdaq. According to Polymarket, the probability of an AI bubble…
Bitcoin or AI? CZ says only one protects against inflation
News
Read more - Bitcoin or AI? CZ says only one protects against inflation

Bitcoin or AI? CZ says only one protects against inflation

CZ says AI lacks Bitcoin's inflation hedge as investors debate if AI spending and mega-IPOs are drawing capital away from crypto this year.
Bitcoin BTC Bitcoin
Jesse Pollak admits Base misstep, bets big on AI and trading - 11
News
Read more - Jesse Pollak admits Base misstep, bets big on AI and trading

Jesse Pollak admits Base misstep, bets big on AI and trading

Base creator Jesse Pollak has acknowledged that the network’s multi-year bet on onchain social products did not deliver the expected growth and has redirected Base toward trading, payments, and AI-powered financial infrastructure. Base returns to infrastructure after social experiment falls…
Needham defies AI crash fears with bold SpaceX $250 target - 12
News
Read more - Needham defies AI crash fears with bold SpaceX $250 target

Needham defies AI crash fears with bold SpaceX $250 target

SpaceX stock has steadied above its IPO price after Needham raised its price target to $250 despite growing warnings that an AI stock bubble could threaten financial markets. According to Needham, the investment bank lifted its target on SpaceX shares…
TeraWulf stock falls after New York pauses new data center permits - 13
News
Read more - TeraWulf stock falls after New York pauses new data center permits

TeraWulf stock falls after New York pauses new data center permits

TeraWulf shares have dropped more than 7% after New York ordered a one-year pause on new environmental permits for large-scale data centers. According to an executive order signed by New York Governor Kathy Hochul on Tuesday, the state will temporarily…
DeepSeek plots $71B IPO to challenge OpenAI in global AI race - 14
News
Read more - DeepSeek plots $71B IPO to challenge OpenAI in global AI race

DeepSeek plots $71B IPO to challenge OpenAI in global AI race

Chinese artificial intelligence startup DeepSeek has begun preparing for a potential initial public offering while seeking a fresh funding round that could lift its valuation to about $71 billion. According to a report by the Financial Times, DeepSeek has entered…
Ripple joins x402 Foundation to push XRP into AI payment race - 15
News
Read more - Ripple joins x402 Foundation to push XRP into AI payment race

Ripple joins x402 Foundation to push XRP into AI payment race

Ripple has joined the x402 Foundation as a Premier Member, adding support for XRP and RLUSD in the Foundation’s effort to build an open payment standard for AI agents. According to Ripple, AI agents are beginning to handle more of…
Cathie Wood defies AI bubble alarm with fresh SpaceX stock buy - 16
News
Read more - Cathie Wood defies AI bubble alarm with fresh SpaceX stock buy

Cathie Wood defies AI bubble alarm with fresh SpaceX stock buy

Cathie Wood has expanded ARK Invest’s position in SpaceX with a new $21.3 million purchase even as fresh warnings about a potential AI-driven market bubble have unsettled investor sentiment. According to data from Yahoo Finance, SpaceX stock continued its recent…
Vitalik Buterin urges Elon Musk to remake X for AI governance - 17
News
Read more - Vitalik Buterin urges Elon Musk to remake X for AI governance

Vitalik Buterin urges Elon Musk to remake X for AI governance

Vitalik Buterin has called on Elon Musk to reshape X into a platform where ordinary users can help coordinate global AI governance instead of leaving key decisions to governments and large institutions. According to a July 11 thread published by…
Robinhood hands AI agents your crypto trades in major platform shift - 18
News
Read more - Robinhood hands AI agents your crypto trades in major platform shift

Robinhood hands AI agents your crypto trades in major platform shift

Robinhood has introduced plans to let eligible U.S. customers authorize AI agents to execute cryptocurrency trades on their behalf, extending automated investing beyond stocks and options. Robinhood said during a Friday presentation that the upcoming feature will allow eligible U.S.-based…
Kraken launches AI investing assistant to challenge traditional advisors - 19
News
Read more - Kraken launches AI investing assistant to challenge traditional advisors

Kraken launches AI investing assistant to challenge traditional advisors

Kraken has launched an AI-powered investing assistant that delivers personalized portfolio recommendations and market insights while keeping final trading decisions in users’ hands. According to Kraken, the new mobile experience replaces a trading-first interface with a goal-based approach that asks…
OpenAI sold AI to Pentagon-blacklisted Chinese firms, raising alarms - 20
News
Read more - OpenAI sold AI to Pentagon-blacklisted Chinese firms, raising alarms

OpenAI sold AI to Pentagon-blacklisted Chinese firms, raising alarms

OpenAI has reportedly supplied AI technology to Chinese companies on the Pentagon’s military-linked blacklist, adding fresh scrutiny to U.S. controls over advanced artificial intelligence exports. According to the reported findings, OpenAI and Google provided access to their AI models to…