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News
Sam Altman Hints at Pact With AI Companies to Address Safety Risks
9+ hour, 52+ min ago (297+ words) The development was reported by Cointelegraph, which said Altman indicated that OpenAI may work with other companies in the AI industry on a pact focused on safety concerns. Altman’s comments point to the possibility of greater coordination among major AI…...
Anthropic CEO Dario Amodei Calls for Slowdown in AI Development
10+ hour, 17+ min ago (411+ words) Amodei's warning was highlighted by Cointelegraph in a post on X, which also noted a response from Elon Musk. Musk commented, "Dario is right," signaling agreement with Amodei's concern over the pace of AI development. Amodei's position centers on the…...
Clothing Prices Set to Rise as Iran Conflict and El Ni??o Push Up Costs
4+ hour, 25+ min ago (412+ words) The combination of geopolitical disruption and weather-related pressures is affecting several cost components across the clothing supply chain. Higher expenses for energy, transportation and materials can increase the cost of producing and moving apparel before products reach consumers. The Iran…...
U.S. Inflation Sends Mixed Signal Ahead of Federal Reserve
8+ hour, 24+ min ago (367+ words) U.S. inflation is presenting the Federal Reserve with a more complicated policy picture ahead of its next interest-rate decision, as annual core inflation eased while monthly price pressures accelerated. According to Coin Bureau, citing Axios, markets are now pricing in a…...
Vy Capital Builds $40 Billion SpaceX Stake With Four-Person
8+ hour, 11+ min ago (356+ words) Vy Capital, a relatively low-profile venture capital firm with a four-person investment team, has accumulated a roughly $40 billion stake in SpaceX, highlighting the extraordinary gains available to early investors in Elon Musk’s private technology empire. The Financial Times reported that…...
Nvidia Considers $10 Billion Investment in Anthropic???s Potential $100 Billion IPO
17+ hour, 40+ min ago (347+ words) Nvidia is considering an investment of up to $10 billion in Anthropic’s planned initial public offering, potentially becoming an anchor investor @coinbureau in a deal that could raise as much as $100 billion and value the artificial intelligence company at around $2 trillion....
Thailand SEC Proposes $151,000 Daily Limit for Stablecoin Transfers
19+ hour, 15+ min ago (354+ words) Thailand’s Securities and Exchange Commission (SEC) has proposed new restrictions on stablecoin transfers that could require users to send and receive assets only through accounts or wallets verified as belonging to the same customer. According to information published by @WuBlockchain,…...
Larry Ellison Files to Sell Up to 50 Million Oracle Shares Worth $7.5 Billion
18+ hour, 8+ min ago (319+ words) Oracle Chairman Larry Ellison has filed to sell up to 50 million shares of the technology company, a stake valued at approximately $7.5 billion, according to information highlighted by @coinbureau. If the proposed sale is completed in full, it would represent the…...
Anthropic CEO Dario Amodei Calls for AI Industry to Slow Development
18+ hour, 19+ min ago (274+ words) Anthropic Chief Executive Dario Amodei is calling for a coordinated slowdown in the development of increasingly capable artificial intelligence systems, warning that rapid advances could soon create risks that companies and governments may struggle to contain. Amodei said Anthropic would…...
Tesla Roadster Set for October 1 Unveiling, Elon Musk Says
18+ hour, 39+ min ago (341+ words) Tesla will unveil its long-delayed Roadster on October 1, Chief Executive Elon Musk said, according to Reuters, marking a new milestone for a vehicle that has remained in development for years. The Roadster was first revealed in 2017 and was originally scheduled…...