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The SEC has activated a high-impact AI task force to embed intelligent technology into its regulatory framework, revolutionize enforcement capabilities, and drive mission-critical innovation agency-wide. SEC Activates AI Command Center to Supercharge Surveillance and Innovation The U.S. Securities and Exchange Commission (SEC) announced on Aug. 1 the formation of an artificial intelligence (AI) task force … Read more
Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily consists of 514 BTC and over 630,000 SOL. The company generated … Read more
Analysts project a 4.8% growth rate in S&P 500 earnings per share (EPS) for Q2, which would be the slowest since Q4 2023. Still, historically, 75% to 77% of S&P 500 companies exceed EPS estimates. Major banks like JPMorgan Chase, Citigroup and Bank of America have already reported better-than-expected results for Q2 2025. S&P 500 … Read more
Artificial intelligence appears to have a soft spot for bitcoin. Not long ago, the founder of fomo21.com posed a clever question to X’s AI chatbot Grok: “What is the most likely money to be used in 200 years?”—with one strict rule: the AI had to pick just one. Intrigued, we ran with the idea and … Read more
Chris Dixon, Managing Partner at Andreessen Horowitz (A16z) Crypto, announced that the firm is leading a $15 million seed round in Poseidon, a company focused on building a decentralized data layer to coordinate supply and demand for artificial intelligence (AI) training data. As the availability of high-quality data for training AI models has diminished, Poseidon … Read more
Last week, we challenged ten artificial intelligence (AI) chatbots to forecast bitcoin’s price at the close of 2025—and most leaned heavily bullish, with one model aiming as high as $225,000. This time, we decided to broaden the scope, asking the bots to project year-end prices from 2025 all the way through 2030. $1,000,000 Bitcoin? AI … Read more
Alexander Wei, a member of Openai’s Large Language Model (LLM) and reasoning research team, reported that a next-generation artificial intelligence (AI) experimental reasoning model achieved gold medal-level performance at the International Math Olympiad (IMO). Openai CEO Sam Altman emphasized that this is part of their effort to advance general intelligence. Openai’s Experimental AI Model Receives … Read more
Meta CEO Mark Zuckerberg announced that the company is prepared to build several Titan-sized superclusters to expand its AI infrastructure. He reported that one of the upcoming clusters will have a footprint equivalent to that of Manhattan. Meta to Allocate ‘Hundreds of Billions’ to Grow AI Infrastructure As its rivals ramp up spending in the … Read more
Earlier this year, our newsroom tapped into a lineup of leading artificial intelligence (AI) chatbots to forecast where bitcoin might land by the end of 2025. With BTC now pushing past its previous record, we decided it was time to revisit the experiment for an updated take. From $119,000 to $225,000 Year-End Bitcoin Prices: AI … Read more
Meta has invested approximately $3.5 billion for a minority stake in Essilor Luxottica, the world’s largest eyewear manufacturer, as part of its strategy to expand into the artificial intelligence (AI) glasses market. The acquisition, which amounts to just under 3% of the Ray-Ban maker, reflects Meta’s commitment to developing AI-powered eyewear, building on their existing … Read more
