Senate passes landmark GENIUS stablecoin bill, giving crypto industry its first major win
This is the first legislative victory for the digital asset industry, which put around $250 million in the 2024 election cycle.
CNBC
AWS’ custom chip strategy is showing results, and cutting into Nvidia’s AI dominance
Anthropic’s Claude Opus 4 is trained on Trainium2 GPUs, according to AWS, and Project Rainier is powered by over half a million of its own.
AWS’ custom chip strategy is showing results, and cutting into Nvidia’s AI dominance Read More »
Canva expands from design into analytics with acquisition of MagicBrief
Canva already provides popular tools for designing ads. Now it wants to help marketers see how they perform.
Canva expands from design into analytics with acquisition of MagicBrief Read More »
JPMorgan moves further into crypto with stablecoin-like token JPMD
U.S. banking giant JPMorgan is gearing up to launch its own alternative to a stablecoin, called JPMD.
JPMorgan moves further into crypto with stablecoin-like token JPMD Read More »
Fintech Ramp’s valuation hits $16 billion in deal led by Peter Thiel’s Founders Fund
Peter Thiel’s Founders Fund leads a fifth round of investment in Ramp that pushes the corporate fintech company’s valuation to $16 billion.
Fintech Ramp’s valuation hits $16 billion in deal led by Peter Thiel’s Founders Fund Read More »
AI will shrink Amazon’s workforce in the coming years, CEO Jassy says
Amazon CEO Andy Jassy said the company’s workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.
AI will shrink Amazon’s workforce in the coming years, CEO Jassy says Read More »
Meta to release smart glasses with Oakley and Prada, extending Luxottica partnership
Meta plans to release new smart glasses powered by artificial intelligence that carry the Oakley branding, sources familiar with the matter told CNBC.
Meta to release smart glasses with Oakley and Prada, extending Luxottica partnership Read More »
Tesla stock slips after report EV maker is halting Cybertruck and Model Y production
Tesla is tentatively launching the robotaxi in Austin on June 22, using Model Y vehicles equipped with a new version of its “Full Self-Driving” technology.
Tesla stock slips after report EV maker is halting Cybertruck and Model Y production Read More »
Reddit stock jumps after company rolls out new AI advertising tools
Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement.
Reddit stock jumps after company rolls out new AI advertising tools Read More »
Spotify’s Daniel Ek leads $694 million investment in defense startup Helsing
Defense tech has become a hot area for investors lately amid major global conflicts.
Spotify’s Daniel Ek leads $694 million investment in defense startup Helsing Read More »