The cryptocurrency market kicked off the week on a volatile note, with more than half a billion dollars in leveraged positions wiped out amid renewed macroeconomic worries. Bitcoin slipped 2% to $115,255 after briefly plunging to $114,706, just days after setting a new all-time high of $124,496. Ether also pulled back 4% to $4,283, retreating […]
U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]
Apple shares surged 13% this week, marking their strongest weekly rally in over five years, following CEO Tim Cook’s appearance at the White House alongside President Donald Trump on Wednesday. The stock closed Friday at $229.35, up 4% for the day, adding more than $400 billion to Apple’s market capitalization, which now stands at $3.4 […]
OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]
Bitcoin has inched closer to its historic high following a sharp overnight surge, while Ethereum climbed to price levels last seen in 2021. At last check, Bitcoin was trading around $118,981.86, showing stability after touching higher levels earlier in the day. Ethereum held firm at $4,256.90, just after breaking above $4,000 on Friday — its […]
Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has increased the size of its upcoming initial public offering. The company now plans to raise approximately $990 million by offering 30 million shares priced between $32 and $33 each, valuing the firm at about $4.8 billion, according to a recent filing with the U.S. […]
Elon Musk has warned of taking immediate legal steps against Apple, accusing the tech giant of antitrust violations in how it ranks AI chatbot apps on its App Store. Musk claims Apple’s practices make it “impossible” for any AI company other than OpenAI to secure the top position. He criticized Apple for excluding his social […]
Just days after demanding the resignation of Intel’s chief executive, President Donald Trump has now lauded Lip-Bu Tan as a “success,” marking a dramatic shift in tone. On Monday, Trump revealed that he and his cabinet met with Tan, alongside Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent. “The meeting was a very interesting […]
Artificial intelligence has become a major catalyst for digital advertising growth, propelling industry giants like Meta and Alphabet to deliver quarterly sales and earnings that exceeded market forecasts. Meta CEO Mark Zuckerberg credited AI for driving “greater efficiency and gains across our ad system,” helping push second-quarter revenue up 22% year-over-year to $47.52 billion. Meta […]
Masayoshi Son is placing what may be the most ambitious wager of his career — transforming SoftBank into a global leader at the heart of the artificial intelligence revolution. Son predicts that artificial superintelligence (ASI) — technology 10,000 times more intelligent than humans — could arrive within the next decade. Known for high-stakes moves, such […]