AI labs are racing to build data centers as large as Manhattan, each costing billions of dollars and consuming as much energy as a small city. The effort is driven by a deep belief in “scaling” — the idea that adding more computing power to existing AI training methods will eventually yield superintelligent systems capable…
Hyperliquid Strategies is doubling down on its Hyperliquid treasury plan, filing papers to raise up to $1 billion to purchase more tokens powering the world’s largest decentralized derivatives platform. According to its S-1 registration statement with the US Securities and Exchange Commission on Wednesday, Hyperliquid Strategies unveiled its plan to offer up to 160 million shares…
They can help drivers find the right packages inside their delivery vans, give them turn-by-turn directions to the right address, and take a hands-free photo of a successful delivery instead of needing them to whip out a phone. (Ever had an Amazon driver tell you, “Please don’t take your package yet, I have to take…
Watching the first few minutes of KPop Demon Hunters on Samsung’s Galaxy XR headset, I think Apple’s Vision Pro might be cooked. It’s not because the Galaxy XR — which Samsung formerly teased as Project Moohan — is that much better than the Vision Pro. It’s that the experience is comparable, but you get so…
As the entertainment industry reckons with when and how to use generative AI in filmmaking, Netflix is leaning in. In its quarterly earnings report released on Tuesday afternoon, Netflix wrote in its letter to investors that it is “very well positioned to effectively leverage ongoing advances in AI.” Netflix isn’t planning to use generative AI…
Bitcoin’s self-custody era may be ending as wealthy holders increasingly transfer assets into regulated exchange-traded funds (ETFs) amid tax incentives and improving institutional infrastructure. In a Wednesday post on X, Martin Hiesboeck, head of blockchain and crypto research at crypto financial services platform Uphold, said the movement of large Bitcoin (BTC) wallets into ETFs marks…
Hello and welcome to Regulator. Of all the strange, unintended consequences stemming from major lawsuits, I never thought that the Trump administration’s power to force Apple to remove ICE-tracking mobile apps from its stores could have been connected to a legal battle over Fortnite V-Bucks. Yes, we are talking about the in-game digital currency that…
Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion, four people familiar with the deal said. The company raised approximately $250 million, two of the people said. Major investors in the round are Kleiner Perkins and Sequoia, according to…
The $11 billion Bitcoin whale is back with another massive short position, signaling that some large investors are hedging for more crypto market downside amid the tariff concerns and ongoing government shutdown. The Bitcoin whale, which is crypto slang for a large investor, returned with a $235 million 10-times leveraged short position on Bitcoin (BTC),…
The Litter-Robot 5 Pro is the newest poop-scooping machine from Whisker, makers of the excellent Litter-Robot 4, and it brings facial recognition for your cats to the self-cleaning litter box line. The company is also introducing an optional subscription service, Whisker Plus, that monitors and tracks your kitty’s bathroom behavior over time to produce “detailed…