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Yang, who campaigned in favor of a $1,000 universal basic income (UBI) back in 2020, stated that as more companies substitute labor with AI, there should be a shift to tax these artificial solutions rather than labor, as a popular backlash against the tech is brewing. Andrew Yang Vows to Tax AI Instead of Labor … Read more
On Thursday, Crypto.com said it has reduced its workforce by roughly 12% as it accelerates an enterprise-wide push into artificial intelligence, according to a statement from CEO Kris Marszalek. Job Cuts Follow Enterprise-Wide AI Adoption Plan The announcement came via a post on X, where Marszalek framed the layoffs as part of a broader strategic … Read more
Bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing a rethink of the industry that secures the world’s largest cryptocurrency. Bitcoin Mining Economics Struggle as AI Offers Higher Returns Per Megawatt What started as a side hustle has turned into a full-blown identity crisis … Read more
Nebius Group N.V. priced an upsized $4 billion convertible senior notes offering on Wednesday increasing the deal size after strong institutional demand. Inside Nebius’ $4B Raise to Power Next-Gen AI Infrastructure Nebius, the Nasdaq-listed AI infrastructure firm, trading under NBIS, had initially proposed a $3.75 billion raise a day earlier before expanding the offering. The … Read more
Visa’s latest experiment turns the command line into a checkout lane, signaling that AI agents are no longer just thinking—they’re spending. Visa’s Command Line Bet: Let the Bots Pay Visa Crypto Labs has introduced Visa CLI, a beta command-line interface tool designed to let AI agents execute payments directly from the terminal, eliminating the clunky … Read more
A report by Certik highlights significant security flaws in Openclaw, an open-source AI platform, particularly its reliance on “skill scanning” which fails to adequately protect users from malicious third-party extensions. Limitations of the Clawhub Moderation Pipeline A report by cybersecurity firm Certik has revealed significant security gaps in OpenClaw, an open-source artificial intelligence agent platform, … Read more
OpenAI’s push into classified U.S. military networks collided with a consumer backlash and a quieter but consequential infrastructure pivot, underscoring the tightrope the artificial intelligence (AI) giant is now walking between national security ambitions and user trust. #QuitGPT Movement Grows as OpenAI Revises DoD AI Contract Amid Consumer Fallout The controversy ignited around Feb. 28, … Read more
Robinhood Ventures Fund I said on Tuesday, it has invested about $34.58 million in Stripe and Elevenlabs, expanding retail investor access to private technology companies. NYSE-Traded Robinhood Fund Invests in Stripe, Elevenlabs for Retail Access Robinhood Ventures Fund I stated on March 17 that it deployed about $34.58 million across Stripe and Elevenlabs, expanding its … Read more
Tether is taking aim at Big Tech’s AI hardware moat with a framework that promises to shrink billion-parameter model training down to something your phone can handle. Tether AI Framework Cuts VRAM Use by Over 70%, Expands Edge Computing On Tuesday, Tether unveiled a cross-platform LoRA fine-tuning framework for Microsoft’s Bitnet models, introducing what it … Read more
In the great artificial intelligence (AI) arms race of 2026, Meta just signed a $27 billion check for computing power, and a once-obscure cloud firm born from the ashes of Russia’s Yandex suddenly finds itself holding the keys to a chunk of Silicon Valley’s future. Billions for Brainpower: Meta Signs Huge AI Infrastructure Agreement With … Read more