Nvidia and Meta warn U.S. against sweeping curbs on open AI models
Nvidia, Meta and Microsoft have joined 22 other organizations in warning U.S. policymakers that sweeping controls on open-weight AI models could weaken American leadership as competition with China intensifies. Summary Nvidia, Meta and Microsoft oppose sweeping U.S. restrictions on open-weight AI models. The coalition favors targeted enforcement against intellectual-property theft and other proven misuse. Elon…
Zuckerberg Wants to Change How You Think About AI
Meta has launched a new AI campaign featuring CEO Mark Zuckerberg, positioning artificial intelligence as a tool for creativity, connection, and human potential ahead of earnings. The post Zuckerberg Wants to Change How You Think About AI appeared first on TechRepublic. Source link
BitMEX Hit With 623 BTC Lawsuit After Announcing Shutdown
BitMEX is accused of allowing internal traders access to customer data while users were locked out during server issues. BKX Services Inc. and David Namdar have filed a class action lawsuit against BitMEX. The plaintiffs accuse the exchange of market manipulation and misappropriating nearly 623 BTC due to forced liquidations. Lawsuit Questions BitMEX’s Liquidation…
Boox just debuted its smallest e-reader yet. Here’s what we know so far.
Mini, pocket-sized e-readers are having a moment. The Xteink e-readers are catching eyes for their truly pocket-sized build that can even attach to the back of your iPhone. Well, they’re not the only ones embracing the mini e-reader: Boox just revealed its Picco. The Boox Picco (cutest name ever?) comes with a 3.97-inch monochrome ePaper…
Bitcoin Traders Trigger $87M in Liquidations After BTC Slides Below $64,000
Key Takeaways Bitcoin slipped below $64,000 on Friday after reaching nearly $67,000 mid-week, leaving it down 1% on the day. The drop triggered $312M in total crypto liquidations, reducing Bitcoin’s market capitalization to $1.285 trillion. Progress on the CLARITY Act regained momentum as analysts watch Fed rates and energy volatility. Bitcoin Reverses Gains as Liquidations…
LMAX taps Morgan Stanley to weigh $5B sale or Nasdaq listing
LMAX Group has enlisted Morgan Stanley and KBW to assess a sale or public listing that could value the institutional trading company at up to $5 billion. Summary LMAX has tapped Morgan Stanley and KBW to review strategic options worth up to $5 billion. A Nasdaq IPO is preferred, although a sale, SPAC merger or…
Did Chinese AI Steal From Anthropic, and OpenAI Loses Control of Two Models
On this episode of Uncanny Valley, we dive into accusations that China’s Moonshot AI stole from Anthropic, and how the US Army needs to cut back on AI use. Source link
Anthropic launches Opus 5 | TechCrunch
On Friday, Anthropic launched its Opus 5 model, the newest version of its long-standing heavyweight model. While smaller than Fable 5, the model will be both cheaper and less restrictive than Fable, likely making it preferable in most use cases. Notably, Opus 5 actually outperforms Fable 5 on a number of benchmarks included in the…
Ether ETFs Add $26 Million as Bitcoin’s 7-Day Streak Ends
Key Takeaways Blackrock’s IBIT drove outflows of $225.18M from bitcoin ETFs, ending a 7-day inflow streak. Ether ETFs gained $26.32M on July 23, widening the institutional split with bitcoin. HYPE fell $1.02M as XRP and solana stayed flat, keeping demand centered on 2 major assets. Bitcoin ETFs See $225 Million Exit as Net Assets Fall…
John Thune shuts down hopes for CLARITY Act vote before recess
Senate Majority Leader John Thune has ruled out passage of the CLARITY Act before the August recess, as Polymarket traders cut its chance of becoming law in 2026 to 33%. Summary John Thune has ruled out CLARITY Act passage before the Senate’s August recess. Ron Hammond says election politics is drowning out the bill’s bipartisan…
