BUSINESS
Big Banks Are Chasing a Fiserv Deal That Would Let Them Dodge Their Own Fee Caps
BUSINESS
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World oil demand is set to fall for the first time since 2020, and the Gulf can't shrug it off
The IEA says global oil demand will fall in 2026 for the first time since 2020, driven mainly by war disruption in the Persian Gulf, but the steady rise of electric vehicles is quietly making Gulf state budgets harder to balance underneath it.
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BUSINESS
Big Banks Are Chasing a Fiserv Deal That Would Let Them Dodge Their Own Fee Caps
CRYPTO
An early Solana whale lost 14.2 million dollars after five years of silence
NEWS
Indian Scientists Built the Most Detailed Digital Map of the Human Brainstem
FINANCIAL MARKETS
Nobody Owns the Strait of Hormuz and No One Should Charge You to Use It
GUIDES
What Is an AI PC and Do You Actually Need One in 2026
Every laptop ad now screams AI PC, but the honest answer is that most people buying a new machine this year still won't notice the difference.So what is an AI PC, really? Strip away the marketing and it's a regular Windows or Mac laptop with one extra chip bolted on: a neural processing unit, or NPU, built specifically to run small AI models locally instead of sending every request to a cloud serv...
Walter Schulze
5 min read · 572 views
Artificial Intelligence
AI
Hachette, Elsevier and Scott Turow Sue Google Over Gemini's Book Training
IBM Suffered Its Worst Trading Day Since 1987 As Clients Chased AI Hardware
Hachette Book Group, Cengage Learning, Elsevier and author Scott Turow filed a class action against Google on July 13, alleging Gemini was trained on their books despite agreements that only permitted snippet display. The suit cites internal Google documents estimating potential liability in the hundreds of billions of dollars.
IBM Suffered Its Worst Trading Day Since 1987 As Clients Chased AI Hardware
IBM shares crashed more than 23% on Tuesday, its worst trading day since 1987, after CEO Arvind Krishna admitted large deals fell through as clients redirected spending toward AI servers, storage, and memory instead of IBM software and mainframes.
Adam Mosseri Says AI Token Costs Could Soon Match Engineer Salaries
Adam Mosseri Says AI Token Costs Could Soon Match Engineer Salaries
Meta Is Now Rationing AI Tokens Like It Rations Headcount
Instagram chief Adam Mosseri says Meta is starting to budget AI tokens the way it budgets salaries and headcount, after an internal leaderboard called...
Chai Discovery Triples Its Valuation to $3.8 Billion in Seven Months
Chai Discovery, the two-year-old AI drug design startup founded by former OpenAI and Meta researchers, closed a $400 million Series C at a $3.8 billio...
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Crypto & Blockchain
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Velocity Raises 38 Million Dollars to Turn Stablecoins Into Business Payment Rails
London fintech Velocity raised a $38 million Series A led by Dragonfly Capital, with Coinbase Ventures, Capital One Ventures and Wintermute joining in, to build stablecoin payment rails for businesses. The round shows venture money still backing crypto infrastructure even as speculative stablecoin trading narratives cool.
Robinhood built a blockchain for stocks and memecoin traders took it over
Robinhood Chain launched July 1 to bring tokenized stocks onchain, but within two weeks its $3.1 billion in weekly DEX volume was driven mostly by a memecoin called CASHCAT, not the real-world assets Robinhood pitched. Bernstein says the debut cracked the top five blockchains by volume, even as tokenized stocks account for a sliver of the activity.
Bitmine Now Holds Nearly One in Twenty Ether Tokens Ever Issued
Bitmine Immersion Technologies disclosed on July 13 that it now holds 5,770,038 ETH, worth roughly $10.5 billion and equal to 4.8% of all ether in circulation. The company's $11.3 billion treasury also includes bitcoin, cash, and surprising stakes in MrBeast's Beast Industries and Eightco Holdings.
What Is a Crypto Basis Trade and How Funds Farm It for Yield
What Is a Crypto Basis Trade and How Funds Farm It for Yield
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BUSINESS
LeapXpert raises $180 million to govern the texts Wall Street already sends
AI
StepFun Unveils the First Agentic AI Phone Ahead of Apple and OpenAI
AI
Reflection AI Secures Over $1 Billion in Nvidia Compute From Nebius
AI
GMI Cloud seeks $635 million loan backed by its Nvidia GPU contracts
AI
China's June exports surge past forecasts as the AI hardware boom accelerates
BUSINESS
An MIT Spinout Just Raised $134 Million to Drill for Superhot Rock in Oregon