TikTok developer ByteDance arranges $29.6 billion loan as it builds AI ambitions
ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the...
Bitcoin climbs to $78,000 as crypto sits out the AI selloff
Bitcoin rose 1.9% since midnight UTC while Nasdaq 100 index futures fell 1.65% on calls to slow AI development and crude gained almost 4%...
Bitcoin bucks tech selloff as AI safety concerns weigh on stocks
Bitcoin rose above $77,000 as calls to slow AI development hit technology shares, while rising oil prices added to market pressure.
Is Clarity dead? A vibes-based analysis: State of Crypto
I dunno, flip a coin.
Quantum-proof blockchain: why math, not machines, holds the key
lockchains don’t need quantum computers to be quantum-safe, argues Optimum co-founder and MIT professor Muriel Médard. Classic math already gives us the tools.
Circle’s $400M Tazapay deal buys emerging market links that take ‘years to build’
Stablecoins’ “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC’s reach where rival Tether has long been strong.
Fed rate hike is about Wall Street, not inflation, says economist
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week.
Crypto’s Clarity Act is a Schrödinger’s cat in life-death limbo as U.S. Senate returns
The crypto industry eagerly awaits a September 15 vote, though it might not happen. Or maybe it will. Or it might get delayed or...
Anthropic CEO calls for AI race to slow down citing safety. Musk and OpenAI’s Altman agrees
Anthropic’s Dario Amodei, OpenAI’s Sam Altman and Elon Musk have agreed on an unusual position: frontier AI development may need to slow as systems...