Training a frontier artificial intelligence (AI) model costs billions of dollars and years of research. Reproducing a large portion of its behavior can cost a fraction of that, if you have access to enough of its output. This gap is…
Don Song, the UC Berkeley professor who founded the privacy-preserving Oasis Blockchain, has joined Meta Superintelligence Labs as vice president of artificial intelligence research, according to the British Daily Mail. Original report. Song will lead the lab’s AI safety and…
Reliable editorial Content, reviewed by leading industry experts and seasoned editors. Advertisement disclosure TL;DR SharpLink reportedly acquired 5,000 ETH worth around $7.85 million. The transfer reportedly came from FalconX. The story is secondarily supported and should be…
Elon Musk’s X has begun rolling out X Money to select Premium+ users, with the new payments service relying on Ripple’s banking partner Cross River Bank for its core banking infrastructure. summary X Money has begun rolling out to select…
The CLARITY Act has become a focus of debate in Washington, with banks, cryptocurrency companies, lawmakers, and industry leaders offering different views on the future of digital asset regulation in the United States. The controversy continued after JPMorgan CEO Jamie…
Here’s what most people missed about this week’s Bitcoin price forecast. $10 billion worth of options are settled quarterly It will be a joke This Friday, 80% of those contracts are already worthless, according to CoinDesk. Every time a flash…
Wall Street giant Morgan Stanley expects the Fed to leave interest rates unchanged throughout this year, but warned of factors that might justify a rate hike by the Fed. Fed Chairman Neel Kashkari also expressed his stance on monetary policy,…
Quantitative research The company has secured a $200 million growth investment to accelerate the international expansion of its risk-related AI platform for financial crime prevention. Company Graphite The platform is used by multinational financial institutions and government agencies to combat…
Tradeweb Markets, also a minority investor in Kalshi, has launched a custom market forecasting dataset on its platform, integrating real-time event probabilities from Kalshi alongside traditional fixed income, credit and equity markets data. This launch expands Tradeweb’s market data offering…
Cross-border payments have reportedly gained a significant boost in terms of broader accessibility and speed over the decade. However, fundamental inefficiencies affecting remittances around the world remain unresolved, as international transactions continue to face fragmented infrastructure, delays, and high costs,…
