May PCE Inflation Tops 4.1%, Leaving a Federal Reserve Rate Hike on the Table
The Federal Reserve's preferred inflation gauge accelerated to its fastest pace in more than three years in May, keeping alive the pos...
Nobel Laureate John Jumper Leaves Google DeepMind for Rival Anthropic
John Jumper, the Nobel Prize-winning scientist behind the revolutionary AlphaFold protein-structure prediction system, is leaving Google D...
OpenAI and Broadcom Unveil Custom 'Jalapeño' Chip to Run AI Models Faster and Cheaper
OpenAI has taken its first step into custom silicon, unveiling a chip co-designed with Broadcom that it says will lower the cost and incre...
Poolin, Once Bitcoin's Largest Mining Pool, Files for Bankruptcy
Poolin, the Singapore-based mining pool that once controlled nearly one-fifth of Bitcoin's global hashrate, has filed for bankruptcy w...
Bitcoin Steadies Near $65,000 as $800 Billion Tech Selloff Spares Crypto
Bitcoin held just below $65,000 on Friday even as a rout in technology stocks erased roughly $800 billion in market value, suggesting that...
Oracle Falls to 52-Week Low as AI Cloud Strategy Faces Investor Skepticism
Oracle shares touched a new 52-week low this week, deepening a decline that has erased billions in market value as investors question whet...
Michael Burry Warns Markets Mirror 1999 Bubble While Adding to Short Bets
The investor famous for predicting the 2008 housing collapse says current market behavior resembles the final months of the dot-com era, e...
OpenAI Brings GPT-Live Voice Mode to Desktop Apps in Push for AI Assistants
OpenAI is rolling out an updated voice mode powered by its GPT-Live system to the ChatGPT desktop applications for Windows and macOS, allo...
Google's Gemini Reaches 950 Million Users as Alphabet Revenue Jumps 24 Percent
Alphabet reported quarterly revenue of $119.8 billion, propelled by a surge in artificial intelligence adoption that has pushed Gemini...
Coinbase Opens Payment Rails for Autonomous AI Agents on Base Network
Coinbase is enabling businesses on its platform to accept payments from artificial-intelligence agents, a step the exchange says will help...
BlackRock, Coinbase Pledge $15 Million to Shield Bitcoin From Quantum Computing
BlackRock, Coinbase and Strategy are among a group of institutional crypto firms that have pledged $15 million to research and develop saf...
European Markets Gain as ECB Holds Rates Amid Cooling Inflation Data
European equities climbed on Thursday after the European Central Bank left its benchmark deposit rate unchanged and pointed to signs that ...