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Intuit lays off 10% of staff to focus on AI
10.7.2024
About 1,800 people were laid off, however the company plans on hiring about the same number of replacements
German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow
10.7.2024
Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July...
German Gov’t $354M BTC sell-off: Yet more volatility incoming?
10.7.2024
The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC
Crypto for good: Why blockchain can bring financial inclusion worldwide
10.7.2024
John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place
Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein
10.7.2024
The broker initiated coverage on miners Iren Energy and Corz Scientific with outperform ratings
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
9.7.2024
According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet...
German gov’t shifts additional 3K BTC in 1 hour
8.7.2024
The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system
German gov’t shifts further 3K BTC in 1 hour
8.7.2024
The latest transactions by the German government follow MP outcries to stop the sell-off and protect the country from the risks of the traditional financial system
Tether CEO advocates for localized AI models to prevent hacks
8.7.2024
The CEO of Tether Paolo Ardoino responded to OpenAI’s recent hack by claiming localized AI models are the key to ensuring independence and privacy and preventing future hacks
Tether CEO advocates for localized AI models to prevent hacks
8.7.2024
Tether CEO Paolo Ardoino responded to OpenAI’s recent hack by claiming that localized AI models are the key to ensuring independence and privacy and preventing future hacks
Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub
7.7.2024
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code
Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub
7.7.2024
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code
UBS Executive Highlights AI’s Impact on Banking
6.7.2024
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...
Big Tech faces financial reckoning if human-level AI doesn’t happen soon
5.7.2024
Sequoia Capital says the industry needs to make up about $600 billion in profit before the current expenditure starts to make sense
ChatGPT users on macOS shocked to learn chats were stored unencrypted
5.7.2024
The problem has since been resolved, but it begs the question of how such an oversight happened in the first place
NYT AI lawsuit gets weird as OpenAI demands sources for every article
4.7.2024
It’s unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request
Meta Launches Awards to Drive AI Innovation in Developing Regions
4.7.2024
Meta launched the Meta Llama Impact Innovation Awards to support organizations in developing regions that use Meta’s advanced AI models, Llama 2 and 3, to solve local problems in education, environment, and other areas. The AI models are recognized for their enhanced reasoning capabilities...
Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business
4.7.2024
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
4.7.2024
Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from...
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
4.7.2024
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase...