Bitcoin and Ethereum ETFs Add $1.9 Billion During Trump’s Busy First Week
Inflows to crypto products hovered around $2 billion for the second week in a row, with Bitcoin seeing more than 80% of those inbound funds.
Inflows to crypto products hovered around $2 billion for the second week in a row, with Bitcoin seeing more than 80% of those inbound funds.
Bitcoin has climbed back above $102,000 as Wall Street analysts offer measured takes on the Chinese AI startup’s market impact.
The US market dipped amid the release of Chinese firm DeepSeek’s latest AI model, which can supposedly perform as well as ChatGPT for a fraction of the cost.
DeepSeek is shaking up the AI industry with cost-efficient large-language models it claims can perform just as well as rivals from giants like OpenAI and Meta. The Chinese startup says its flagship R1 reasoning model is capable of achieving “performance comparable” to OpenAI’s o1 equivalent, while the newly-released Janus Pro multimodal AI model can supposedly … Read more
Big players, including Microsoft, with Copilot, Google, with Gemini, and OpenAI, with GPT-4o, are making AI chatbot technology previously restricted to test labs more accessible to the general public. How do these large language model (LLM) programs work? OpenAI’s GPT-3 told us that AI uses “a series of autocomplete-like programs to learn language” and that … Read more
President Donald Trump kicked off the first day of his presidency by signing a flurry of executive actions, including halting enforcement of the TikTok ban and rolling back the Biden administration’s artificial intelligence order. Having already run the country once before, Trump entered the presidency with the goal of hitting the ground running, having already … Read more
Google will rename the Gulf of Mexico and Alaska’s Denali mountain in Google Maps once a federal mapping database reflects changes ordered by the Trump Administration, the company announced Monday. Google is complying with an executive order issued last week by President Donald Trump that changed the names of several American landmarks. The executive order … Read more
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Image: Cath Virginia / The Verge, Getty Images Without going into detail about what might happen to the $52 billion in subsidies from the CHIPS Act under his administration, Donald Trump said tariffs on foreign computer chips, semiconductors, and pharmaceuticals are coming “in the near future.” He also namechecked DeepSeek’s AI releases, saying, “…coming up … Read more
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LinkedIn founder Reid Hoffman and Siddhartha Mukherjee, cancer researcher and author of the book “The Emperor of All Maladies,” have co-founded an AI-powered drug discovery startup, Manas AI. The company, which will initially focus on breast cancer, prostate cancer, and lymphoma, has raised $24.6 million in seed funding from Hoffman, General Catalyst, and Greylock. Manas … Read more
KuCoin has admitted to operating an unlicensed money-transmitting business and will pay nearly $300 million in fines and forfeiture.
If you’re drowning in the hype around agentic AI or being hammered by a salesperson from yet another AI startup about why you need their flavor of automation, take a breather and think about this instead: who is going to wrangle these little fiends you’re about to unleash upon your business? I’ll give you a hint, … Read more
Chinese AI model DeepSeek has stolen the tech world spotlight—and unofficial Solana and Ethereum tokens are popping up to swindle traders.
Know Your Customer or Client (KYC) is a process you’ve probably already gone through without even thinking it had a specific name. Basically, it’s the set of techniques used by businesses to verify the identity of their customers. It ensures that the person using a service is who they claim to be, reducing risks like … Read more
Venice AI, a startup that allows private access to DeepSeek’s AI model, hit a total value of over $1 billion within hours through its newly launched token.
Introduction In this article, an Amazon EC2 (Elastic Compute Cloud) instance will be created using the Amazon Linux 2023 AMI operating system image, the root user will be configured to access the remote virtual server via SSH, and a free tier usage alert will be configured. Prerequisites Before you start, you need to install and configure the … Read more
The rise of generative AI has been powered by Nvidia and its advanced GPUs. As demand far outstrips supply, the H100 has become highly sought after and extremely expensive, making Nvidia a trillion-dollar company for the first time. It’s also prompting customers, like Microsoft, Meta, OpenAI, Amazon, and Google to start working on their own … Read more
Intro Exciting news for those eyeing Latin America: On October 3, 2024, Uruguay, finally embraced cryptocurrency regulation. After years without any legal framework for cryptocurrencies, Uruguay has followed in the footsteps of its neighbors, Brazil and Argentina, by enacting Law No. 20.345. This new legislation fully legalizes cryptocurrency exchanges, requiring them and other crypto platforms … Read more
The tech industry’s reaction to AI model DeepSeek R1 has been wild. Pat Gelsinger, for instance, is elated and thinks it will make AI better for everyone. © 2024 TechCrunch. All rights reserved. For personal use only.
The Chinese startup that has stunned Silicon Valley with its language models now boasts superior image generation and understanding.
Image: Cath Virginia / The Verge Following years of litigation, a federal court has finally ruled it unconstitutional for the FBI to search communications of US citizens collected under Section 702 of the Foreign Intelligence Surveillance Act (FISA). In a ruling unsealed last week, US District Court Judge LaShann DeArcy Hall decided that these “backdoor” … Read more
Nvidia’s stock dropped 16% on Monday as DeepSeek’s low-cost AI model disrupted the U.S. tech sector, wiping out $1 trillion in a day.
SonicWall said the bug is “confirmed as being actively exploited in the wild” by malicious hackers. © 2024 TechCrunch. All rights reserved. For personal use only.
There is a general lack of consensus about what consciousness [or if used interchangeably, sentience] is. But there is an agreement that AI is not conscious. However, assuming the total consciousness of an individual is 1, what fraction of that total is language? To assess consciousness in some conditions, doctors ask questions [language] or make … Read more
With his U.S. Senate confirmation behind him, Scott Bessent is in place to be the top financial official of President Donald Trump’s administration, where he’ll be among those fulfilling the crypto directives already set out by the president last week. Bessent, a billionaire former hedge fund manager, didn’t give the crypto sector much to chew … Read more
Anyone telling you that AI Agents will change the world soon is lying. I’m finding it funny watching everything come full circle (again) and back to business processes. I can’t wait to see AI influencers start using old BPM and organizational improvement acronyms. PPT — People, Process, and Technology n POLDAT— People, Organisation, Location, Data, Applications … Read more