AI just got 99% cheaper as Moonshot runs GPT-4 level models for five bucks while Bitcoin dips without drama. Meanwhile Fora proves travel agents aren't dead, they're just AI-powered and worth a billion dollars now.
The machines we're building to make us richer are making money itself more expensive. Bond market indicators suggest AI investment is intensifying inflationary pressures just as Kevin Warsh takes over the Fed amid war-driven price shocks and rising yields
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The robots couldn't get basic civics right, and 34% of voters asking them questions got fed fiction instead of facts. Demos tested AI chatbots during Scotland's recent election and found they gave wrong answers to 34% of questions, including fabricating scandals and inventing candidates
Continue reading ›Exa reaches a $2.2 billion valuation by reinventing search for the AI era. Google fires an engineer over ethical objections to military AI work. Catena Labs raises $30 million to create banking infrastructure letting AI agents handle their own money autonomously.
The world's watching Nvidia's earnings, but one fund manager is watching who Nvidia pays. Nvidia reports Q1 earnings Wednesday, with Wall Street treating it as a referendum on the entire AI economy's health
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The company building search for AI agents just hit unicorn status twice over, and Google didn't even get a chance to compete. Exa Labs raised $250 million at a $2.2 billion valuation, led by Andreessen Horowitz, to build search infrastructure designed for AI systems, not humans.
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The Nobel laureate's AI lab just became the first Big Tech division where workers formally voted to unionize over what their models do in the real world.
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The most secretive rocket company in the world is about to show us its books, and the number everyone's looking for isn't revenue or profit, it's how much cash Starlink actually prints.
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The next big battle in AI isn't compute or data — it's who gets to touch money on behalf of your agent. Catena Labs closed a $30 million Series A and filed for a national trust bank charter, building regulated financial rails specifically for AI agents.
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Europe just handed AI agents a corporate credit card, and it speaks Swedish. Germany's AllUnity is launching SEKAU, a Swedish krona stablecoin, targeting a June debut backed by DWS and Galaxy.
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The AI arms race just ran headfirst into a problem Silicon Valley can't code its way out of: people who actually live places.
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The open-source world just embarrassed every major AI lab, and now Google is scrambling to prove it can build what a scrappy project already shipped.
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Steel was the play everyone watched. Rare earths are the play that actually matters. Boston Metal raised $75M to pivot from clean steel to critical metals production using its molten oxide electrolysis tech
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Europe is finally writing checks big enough to matter in the compute wars. A European consortium is bidding on a €10 billion data center campus in France, part of the EU's push to build competitive AI infrastructure on the continent
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While everyone debates whether stablecoins will replace banks, someone just raised $8 million to build the pipes that make that argument irrelevant. Checker raised $8 million from Galaxy Ventures, Framework, and others to build stablecoin infrastructure
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The stablecoin giant that prints dollars is now the sole owner of a publicly traded Bitcoin treasury, and SoftBank just walked away from the table. Tether bought out SoftBank's entire stake in Twenty One Capital, giving it full control of one of the largest public Bitcoin treasuries (NYSE: XXI)
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Tech giants and regulators are transforming industries at breakneck speed. The Bank of England unveils a massive tokenization plan for UK finance, millions turn to unreliable AI for research, and Meta forces thousands into new AI roles overnight.
The man who helped build the stablecoin rails for crypto is now building the bank accounts for your AI employees. Sean Neville, Circle cofounder, raised $30M Series A for Catena Labs, an "AI-native bank" building financial infrastructure for autonomous agents
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The Bank of England just gave the City of London its marching orders for the next decade of finance, and they're written in blockchain. The Bank of England plans to publish draft rules for systemic sterling stablecoins next month, with final regulations coming by year-end
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Six months before voters head to the polls, the tools millions use to "research" candidates can't tell fact from hallucination. Four major AI chatbots (ChatGPT, Gemini, Claude, Grok) fail to accurately answer election and geopolitics questions, per Forum AI study
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