Tuesday, June 17, 2025, 5:21 pm permalink
JPMorgan is boldly venturing further into crypto by launching a new digital token on Coinbase’s blockchain—a stablecoin-like offering designed to appeal to modern financiers. The banking giant is mixing tradition with digital daring, much to the amusement of market watchers.
permalink / 2 stories from sources in 17 hrs #blockchain #crypto #banking #finance
Taiwan has imposed export bans on crucial semiconductor technologies to China’s SMIC and Huawei, intensifying the US–China tech rivalry. This decisive move underscores geopolitical tensions and raises alarms about future disruptions in the global semiconductor supply chain. More...
Elon Musk’s xAI is launching an audacious funding drive, simultaneously seeking a multibillion-dollar debt package and a significant equity raise to fuel its ambitious AI projects. The dual-track strategy has ignited industry debate over financial risks and its potential to reshape the competitive AI landscape. More...
OpenAI CEO Sam Altman reports that Meta made a bold move by offering a $100 million bonus package to lure its staff, an aggressive recruitment tactic in the fiercely competitive AI race. Despite the hefty offer, Meta’s effort ultimately fell short of its goal. More...
OpenAI CEO Sam Altman has lashed out at Meta for allegedly dangling $100 million bonuses to poach leading AI experts, in a bold and eyebrow-raising move amid the fierce battle for artificial intelligence aces. The claims underscore the high stakes of today's talent wars in tech. More...
Apple’s newly launched transcription APIs are reportedly delivering results at twice the speed of OpenAI’s Whisper, signaling a significant leap in speech‐to‐text technology. This development aims to boost real‐time performance on Apple devices, provoking a competitive wink between tech rivals while setting tongues—and code—in motion. More...
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