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Ripple has introduced tools that let AI agents use XRP and RLUSD for payments at a time when USDC continues to dominate activity on the fast-growing x402 machine-payment network. According to Ripple, the company this week released the XRPL AI…
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Anthropic has suspended access to its newly launched Fable 5 and Mythos 5 artificial intelligence models after receiving a U.S. government export control directive tied to national security concerns. According to a statement published by Anthropic on Friday, the company…
Markets
CoreWeave and Nebius have secured places in the Nasdaq 100 after Nasdaq announced that both companies will be added to the index before trading begins on June 22. According to Nasdaq’s quarterly index rebalance announcement, CoreWeave and Nebius will join…
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Coinbase has unveiled the next stage of its expansion strategy, with plans to combine trading, lending, payments, derivatives, and AI-powered services into a single financial platform. According to a company blog post published by Coinbase executive Max Branzburg, the crypto…
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OpenAI has expanded its banking footprint through a deal that will bring ChatGPT Enterprise to all 120,000 BBVA employees, up from the 11,000 staff members already using the platform. According to OpenAI, the multi-year agreement with BBVA will extend ChatGPT…
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io.net has launched a new token burn mechanism tied directly to network revenue and said the model could remove up to 12 million IO tokens from circulation over the next year, as the decentralized GPU provider reports rising enterprise demand…
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Elon Musk’s xAI and SpaceX have been sued by a former engineer who alleges he was fired after raising safety concerns about Grok ahead of SpaceX’s planned IPO. According to a complaint filed in California’s Santa Clara County Superior Court,…
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Coinbase has launched a new platform that allows AI agents to trade, manage portfolios, make payments, and execute financial workflows directly through user accounts. According to a Coinbase announcement, the crypto exchange has introduced Coinbase for Agents, a system that…
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Pennsylvania Gov. Josh Shapiro has unveiled standards for large data center projects seeking state support. Duane Morris Government Strategies said the GRID Standards set conditions for incentives, fast permits, and tax benefits. The rules come as residents question power demand,…
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Amazon has secured a $17.5 billion delayed draw term loan facility from Citibank and other banks. The company disclosed the senior unsecured agreement in a June 10 filing with the Securities and Exchange Commission. The financing gives Amazon extra borrowing…
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Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. The company also raised its full-year profit outlook, while keeping its fiscal 2027 revenue target unchanged. However, Oracle shares fell 5% in extended trading after the company detailed…
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Anthropic has proposed new AI policy frameworks as advanced systems gain stronger capabilities. The company wants governments to set rules for frontier models and prepare workers for AI’s economic impact. Its plan covers dangerous deployments, independent testing, cybersecurity, and public…
Markets
Cathie Wood has maintained sizable positions in crypto-linked stocks through her flagship ARKK fund even as roughly $3 trillion has been wiped from the S&P 500 since its June 2 peak, according to data cited by The Kobeissi Letter. According…
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Mastercard has launched an AI payments network backed by more than 30 companies, including Ripple, Coinbase, and the Solana Foundation, to enable autonomous software agents to transact without human intervention. According to Mastercard’s June 10 announcement, the new platform, called…
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Palantir CEO Alex Karp has said enterprise customers are unhappy with how frontier AI labs operate. He said companies question whether leading model developers understand their business needs. His remarks came as OpenAI and Anthropic move toward public listings. Palantir…
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Meta has agreed to lease a 168-megawatt AI data center in India from Reliance Industries. The facility will rise in Jamnagar, and Reliance will deliver it within two years. The deal adds new AI infrastructure for Meta while extending its…