This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the markets shouldn’t have been taken by surprise. The deal is a reminder that, despite Oracle’s legacy status, the company still plays a major…
BitMEX co-founder Arthur Hayes says Bitcoin holders need to be more patient and stop worrying about stocks and gold hitting record highs, because asking why Bitcoin isn’t higher misses the point. “If you thought you were buying Bitcoin and the next day you were buying a Lamborghini, you’re probably getting liquidated because it is not…
Discord denies that the suspect accused of killing Charlie Kirk used the messaging platform to discuss his crime, following the service getting mentioned by law enforcement in a press conference — and after accusations that it helped radicalize the alleged shooter, Tyler Robinson. In a statement to The Verge, Jud Hoffman, Discord’s vice president of…
California has taken a big step toward regulating AI. SB 243 — a bill that would regulate AI companion chatbots in order to protect minors and vulnerable users — passed both the State Assembly and Senate with bipartisan support and now heads to Governor Gavin Newsom’s desk. Newsom has until October 12 to either veto…
Key takeaways: Michael Saylor transformed MicroStrategy from a business intelligence firm into the world’s largest corporate Bitcoin holder. Saylor’s conviction redefined corporate strategy, turning volatility into opportunity through long-term, dollar-cost averaging purchases. His approach set the standard for institutional Bitcoin adoption despite concerns over dilution and debt. Saylor’s playbook highlights research, perseverance, risk control and…
Sony has announced the Xperia 10 VII, a midrange Android phone that’s launching in the UK, Europe, and Asia, though not the US. It’s more notable than most Sony phones because it marks the first major change to the rear design in over five years: a camera bar, just like recent Pixels, and now even…
In the wake of right-wing activist Charlie Kirk’s fatal shooting, some political figures are threatening a crackdown on free speech — a cause Kirk claimed to fight for. Members of Congress, the State Department, and President Donald Trump have all attacked people who celebrated Kirk’s death online or criticized him while he was alive, in…
The FTC announced on Thursday that it is launching an inquiry into seven tech companies that make AI chatbot companion products for minors: Alphabet, CharacterAI, Instagram, Meta, OpenAI, Snap, and xAI. The federal regulator seeks to learn how these companies are evaluating the safety and monetization of chatbot companions, how they try to limit negative…
Key takeaways: Bitcoin’s $4.3 billion options expiry favors neutral-to-bullish bets, with a $175 million edge if prices stay above $113,000. Macroeconomic uncertainty, including weak US employment data and AI sector doubts, could determine Bitcoin’s short-term trajectory. Bitcoin (BTC) surged past $114,000 mark on Thursday after a positive earnings report from Oracle Corporation (ORCL), a major…
There’s been great interest in what Mira Murati’s Thinking Machines Lab is building with its $2 billion in seed funding and the all-star team of former OpenAI researchers who have joined the lab. In a blog post published on Wednesday, Murati’s research lab gave the world its first look into one of its projects: creating…