Nvidia Pauses a $36 Billion Compute Deal as Antitrust Concerns Overshadow Strong Earnings
Nvidia posted another quarter of eye-catching AI-chip demand, but the week’s more consequential development was the pause on a $36 billion...
OpenAI Cuts Off Cursor After SpaceX Takeover, Exposing the Industry’s Growing Feud
OpenAI plans to end its model supply to Cursor, the AI-powered coding tool acquired by SpaceX, with access scheduled to terminate on Novem...
Tencent Open-Sources a 770B-Parameter Model, Quietly Reshaping the AI Cost Battle
Tencent did not win the headlines with a splashy product launch. Instead, it released Hy4-preview on Hugging Face under Apache 2.0, offeri...
Solana Passes Its First Real Governance Test by Voting to Accelerate the Token Supply Cut
Solana's validators and stakers approved a proposal to double the network's disinflation rate, passing SGP-0002 by a razor-thin ma...
Charles Schwab Opens the Crypto Door Wider by Adding Solana, Avalanche, and Chainlink to Retail Accounts
Charles Schwab plans to let retail clients trade Solana, Avalanche, and Chainlink directly through its Schwab Crypto platform, marking the...
Mortgage Rates Climb Toward 6.8% as Bond Sell-Off Extends the Housing Market's Lock-In
The average 30-year fixed mortgage rate moved closer to 6.8% in late August after Treasury yields jumped on hawkish Federal Reserve commen...
Warsh's Jackson Hole Warning Pushes Treasury Yields Higher and Tightens the screws on Mortgages
Federal Reserve Chair Kevin Warsh used his Jackson Hole keynote to declare that inflation remains too high and that the central bank still...
More Than 100 Tech and Security Firms Warn That AI-Powered Cyberattacks on Hospitals and Utilities Are Imminent
Over 100 companies and organizations signed an open letter warning that AI is rapidly lowering the barrier to sophisticated cyberattacks o...
Federal Judge Throws Out Pentagon Blacklist of Anthropic in Defeat for White House AI Policy
A federal judge in Northern California ruled that the Trump administration illegally blacklisted Anthropic, delivering a major setback to ...
Revolut's EURR Stablecoin Rollout Signals That Payments, Not Speculation, Are Driving Adoption
Revolut's phased rollout of a euro-backed stablecoin to customers in Denmark, Poland, and Portugal is a reminder that the most consequ...
Bitcoin's Push Above $80,000 Shows ETF Demand, Not Retail Hype, Is Driving the Move
Bitcoin's latest surge above $80,000 has less to do with social-media chatter and more to do with steady institutional inflows, a shri...
Salesforce and Okta Fuel a Tech Rotation That Suggests the Market Is Looking Past AI Hype
Strong results from Salesforce and Okta are giving investors a reason to believe that software and internet infrastructure can deliver dur...