Adam Forsyth

OpenAI targets 8,000 staff as AI competition heats up

OpenAI plans to almost double its workforce to about 8,000 employees by year’s end as it ramps up its enterprise strategy and catches up with rivals, the Financial Times reported Saturday. Hiring will span engineering, research, product, sales, and customer-focused deployment roles designed to increase business adoption of its tools. The expansion comes as Sam…

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Will BTC Remain Above $70K This Weekend?

Bitcoin is still in recovery mode, but the pace has cooled as the price runs into a heavier resistance cluster in the low-to-mid $70,000s. The market has already bounced meaningfully from the February washout near $60,000, yet the latest price action shows that buyers are now being forced to prove they can do more than…

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Crypto market recap: What happened today?

The crypto market saw several important developments today, including a warning from Hong Kong authorities about cryptocurrency scams, a new filing from Grayscale for a crypto-based ETF, and progress on the CLARITY Act in the U.S. Here’s a quick overview of the major events. Summary Hong Kong senior lost HK$6.6M in three crypto scams involving…

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Hot inflation and a hot war keep markets on edge

Two things that markets absolutely hate showed up at the same time this week: sticky inflation and military conflict near the world’s most important oil chokepoint. The result has been predictably ugly across every asset class, with crypto’s Fear and Greed Index plunging to 11 — deep into “Extreme Fear” territory — while the S&P…

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