Month: May 2025

OpenAI is buying Jony Ive’s AI hardware company

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OpenAI is buying io, a hardware company founded by former Apple design chief Jony Ive and several other former engineers from his time there, including Scott Cannon, Evans Hankey, and Tang Tan. Ive won’t be joining OpenAI, and his design firm, LoveFrom, will continue to be independent, but they will “take over design for all … Read more

Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide

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Key takeaways: Bitcoin market cycle tops are notoriously hard to time, but combining technical and behavioral indicators can offer strong signals. The MVRV-Z Score, Pi Cycle Top indicator, trade volume trends, Puell Multiple, and exchange inflows accurately predict Bitcoin price cycle tops. Bitcoin (BTC) might be approaching the final stage of its current market cycle … Read more

Energy efficiency rollbacks could cost Americans $43 billion in higher utility bills

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Chris Wright, US Secretary of Energy, during a House Appropriations Subcommittee on Energy and Water Development and Related Agencies hearing in Washington, DC, US, on Wednesday, May 7, 2025. | Photo: Getty Images The Trump administration’s attempts to gut 12 energy efficiency standards could cost Americans billions of dollars in higher electricity bills.  The Department … Read more

Secure distributed logging in scalable multi-account deployments using Amazon Bedrock and LangChain

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Data privacy is a critical issue for software companies that provide services in the data management space. If they want customers to trust them with their data, software companies need to show and prove that their customers’ data will remain confidential and within controlled environments. Some companies go to great lengths to maintain confidentiality, sometimes … Read more

Tensions flare between the US and China over Huawei’s AI chips

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Just a few weeks after the U.S. and China made significant steps to de-escalate the growing trade war between the two countries, tensions are flaring again — this time over semiconductors. China’s Commerce Ministry in Beijing released a statement on Wednesday that threatened legal action against anyone who enforces U.S. export restrictions on Huawei’s AI chips, … Read more

Lidar maker Luminar lays off more workers following CEO exit

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Luminar, a company that develops lidar systems for autonomous vehicles, started laying off workers just one day after its founder and CEO, Austin Russell, abruptly resigned. In a regulatory filing spotted by TechCrunch, the company said it began carrying out restructuring efforts on May 15th, which include a “reduction in its workforce.” Last year, Luminar … Read more

Bitcoin Overtakes Amazon as the Fifth Largest Asset, Hitting $2.16T Market Cap

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Bitcoin BTC became the world’s fifth-largest asset after hitting a new all-time high on Wednesday, which pushed its market cap to $2.16 trillion. Though the crypto’s price consolidated lower after hitting a high of $109,400, its market cap passed Amazon (AMZN), which stands at $2.15 trillion. Bitcoin is up 16.44% year-to-date while shares of the … Read more

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

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America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, “The Empire Lobbies Back,” Campbell claimed … Read more

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

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America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, “The Empire Lobbies Back,” Campbell claimed … Read more

The Quiet Protocol: How Data Guardians Network Plans to Rewire AI Infrastructure From the Ground Up

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At a time when companies are building social media platforms and artificial intelligence tools, it is not uncommon to hear about others who are working to advance the digital frontier. This type of infrastructure, often unseen and practically “invisible” to most, is what the Data Guardians Network (D-GN) is building. However, the people at D-GN … Read more

Amazon rolls out short-form AI-powered audio product summaries for select items

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Amazon is testing short-form AI-powered audio product summaries on select product pages, the company announced on Wednesday. The audio summaries are voiced by what Amazon calls “AI-powered shopping experts” that discuss key product features, customer reviews, and information from across the web. The new AI product summaries can be accessed by tapping the “Hear the … Read more