Tether AI applications target 650 million users across developing markets
Tether is stepping well outside its familiar territory as the world’s largest stablecoin issuer. CEO Paolo Ardoino has confirmed that…
Category: Financial
RBI Fights Rupee Selloff as Indian Banks Raise $8B: Are Crypto Investors Left Exposed?
The Indian rupee continues to weaken, prompting the RBI to intervene to limit sharp swings in the currency’s swings. At…
Samsung, SK Hynix face fresh repricing after SanDisk’s stunning 80% forecast
Samsung Electronics and SK Hynix are in focus on Monday after closing sharply higher on Friday, as a long-term margin…
AI boom meets its leverage problem after 67% fund collapse
Leopold Aschenbrenner’s Situational Awareness AI hedge fund lost around 67% of its value in July. This was the result of…
Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade
Dario Amodei is not known for being the most active on X but yesterday on August 16, his two-part reply…
Can Anthropic’s $65B AI funding push its valuation to $2 trillion?
Anthropic’s Claude Opus 5 has climbed to the top of the AI intelligence rankings, and the company behind it is…
OpenAI team disbanded: risk oversight scattered as IPO nears
OpenAI has quietly pulled apart one of its most important internal safeguards, disbanding the team responsible for spotting the most…
ECB warns euro area defence spending could raise long-term borrowing costs
Defence budgets across the euro area are climbing fast, and the European Central Bank is now putting numbers behind what…
Nasdaq futures rise 170 points: 5 things to know before Wall Street opens
US stock futures pointed to a tech-led start on Monday as investors returned from a third straight week of S&P…
What Stripe’s $7 Billion OpenRouter Deal Actually Means for AI
In brief Stripe finalized an agreement to acquire OpenRouter for more than $7 billion. OpenRouter routes traffic from around 8…