‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%. Go to Source
Amazon
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Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’
Another unicorn has entered the race the develop human-level AI. Go to Source
Big Tech produced more carbon since 2019 than all Bitcoin mining ever
U.S. tech firms made huge commitments to “net zero” carbon emissions, but that was before ChatGPT hit the scene. Go to Source
Bitcoin would need to hit $93K to flip Silver right now
Silver’s market cap has risen to over $500 billion larger than Bitcoin, despite the cryptocurrency flipping the precious metal just two months ago. Go to Source
Biden’s Homeland Security team taps tech elite for AI defense board
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft, and Nvidia, as well as other business, civil rights, and academic leaders. Go to Source
Google slashes price of Gemini AI model, opens up to developers
The Google parent company Alphabet said it is slashing prices for its pro version of AI model Gemini and plans to make its tools more accessible to developers to create their own versions. Go to Source
Ethereum team lead sees zero interest from university in collaborating
Peter Szilagyi, Ethereum’s team lead, voiced dissatisfaction with his former university’s lack of enthusiasm in recommending students for collaboration with Ethereum. Go to Source
Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin
Buffett’s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year. Go to Source
Immutable links with AWS in latest Web3 gaming push
The blockchain gaming firm said it will gain access to a vast pipeline of game studio leads and support for successful deal closures. Go to Source
French police raids Nvidia offices amid antitrust investigation: Report
The action reportedly came as a part of a general inquiry of French antitrust authorities into the cloud computing sector. Go to Source