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OpenAI disclosed this week that it has agreed to acquire Astral, the startup behind widely used open-source Python tools, in a bid to push its Codex system deeper into full-scale, agent-driven software development. Astral Acquisition Aims to Position OpenAI Codex as an End-to-End AI Coding Platform The deal, which has not yet closed, remains subject … Read more
Appearing in a recent Bloomberg TV interview, the chairman and CEO of JPMorgan Chase & Co., Jamie Dimon, examined artificial intelligence (AI) and outlined how his bank is deploying the technology across a wide range of functions. Dimon points to the potential gains AI may bring while also acknowledging a key concern: entire segments of … Read more
Crypto platform Gemini has cut its workforce by 30% in 2026, citing a transformative integration of artificial intelligence (AI) that enables employees to achieve a “100x” productivity impact. The Rise of the ‘100x’ Worker Crypto platform Gemini has reduced its workforce by approximately 30% since the start of 2026, citing a “splitting of the atom” … Read more
Bitfarms shareholders have signed off on a sweeping corporate shift that relocates the company to the United States and repositions it as an infrastructure play for artificial intelligence (AI) and high-performance computing (HPC). Bitfarms Shareholders Approve Delaware Shift and KEEL Ticker Transition The vote, held March 20, delivered a near-clean sweep, with about 99.3% of … Read more
This week’s developments highlight crypto’s deepening ties to macro, AI, and traditional finance. Bitcoin slid amid geopolitical tensions, underscoring its sensitivity to global risk. Meanwhile, Bittensor’s decentralized AI milestone drew attention from Nvidia’s Jensen Huang, signaling growing legitimacy for onchain innovation. Institutional momentum remains strong, with most investors planning to increase exposure, while FTX’s multibillion-dollar … Read more
The framework describes six key areas to address, including establishing safeguards for children, shielding communities from datacenter-driven higher power costs, and ensuring America benefits from the transition to AI. AI and crypto Czar David Sacks stated that they will work with Congress to turn this principle into legislation. Trump Administration Reveals AI Principles For Upcoming … Read more
This week saw the artificial intelligence (AI) industry rocked by a potential Microsoft-OpenAI legal dispute over a $50 billion Amazon cloud partnership, Nvidia announcing $1 trillion in chip orders at its GTC developer conference, and new federal warnings that surging AI data center demand is destabilizing the U.S. power grid. Microsoft Eyes Legal Action Microsoft … Read more
A decentralized AI experiment once confined to crypto circles just earned a public nod from Nvidia CEO Jensen Huang, signaling that distributed model training may be inching closer to the mainstream. Open Source AI Momentum Builds With Nvidia CEO Endorsement Chamath Palihapitiya spotlighted Bittensor’s Covenant-72B during an episode of the All-In Podcast, framing it as … Read more
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