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Curated daily coverage of disruptive technology, from AI and semiconductors to space, robotics, energy and markets.
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'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal
European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate member of the 27-member bloc.
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.
Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
India's digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets
Higher U.S. rates could also keep global bond yields elevated and weigh on equity valuations and economic growth.
Putin braces for election stress test as Russians ‘feel the pain’ of struggling economy
Russia’s upcoming election is expected to cement United Russia’s dominance, but voter turnout and its margin of victory could offer clues to public discontent.
Mark Walter and Todd Boehly selling stakes in Chelsea Football Club to Clearlake Capital
Two of Walter's insurance companies faces federal criminal and civil investigations into the accounting of roughly $21 billion in financial transactions.
Japan’s corporate leaders sound alarm over weak yen, even dollar-earners are voicing concerns
While the Japanese yen has strengthened rapidly over the past two weeks, it remains weak in historical terms.
Oil extends losses as Saudi Arabia reportedly offers ship-to-ship crude transfers after pipeline hit
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
House advances bill to rein in AI data center utility costs
The bipartisan legislation would create a regulatory framework states could adopt to prevent data center-related energy costs from being passed on to consumers.
Trump says he still has confidence in Fed Chair Warsh, demands 1% or lower interest rates
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
Snap’s AR Glasses Let You Take Snapchat Pics by Snapping Your Fingers
And a cellular charging case so you don't have to rely on Wi-Fi.
Snap Specs Hands-On: Dorky, Fun, and Potentially Too Ambitious
AR glasses are as exciting as ever, but even the best pair out there might have a few kinks to iron out.
Snap introduces a standalone AI assistant, Specs Intelligence
The new assistant works with the company's new AR glasses, but will also have its own mobile and desktop apps.
Snap Specs hands on: Standalone AR glasses are here
The glasses come with AR apps that actually feel useful, but is that enough to get people excited for the $2,195 device?
OpenAI reports 6 new instances of 'concerning model behavior' since March
OpenAI has disclosed six new cases of model misbehavior and offered a framework for disclosing future instances, as the debate over AI model safety intensifies.
Japanese company develops a humanoid robot 'ambulance' for on-the-spot repairs
It turns out that breaking down at work isn't a uniquely human experience.
The Next Short? Economist Compares Hyperscaler AI Debt Stress to 2008 Housing Collapse
Apollo's Torsten Slok warns hyperscaler debt risk mirrors 2008 housing crisis signals as CDS spreads widen sharply. The post The Next Short? Economist Compares Hyperscaler AI Debt Stress to 2008 Housing Collapse appeared first on BeInCrypto.
House passes sweeping Russia sanctions bill honoring Lindsey Graham, sends to Trump
The Lindsey Graham Russia sanctions bill is on a path to become law after the House votes in favor.
Trump Demands 3% Rate Drop After Warsh Raised it and Threatens More Hikes
Trump demanded the Fed slash rates to 1% after Chair Kevin Warsh delivered its first hike since 2023, lifting rates to 4%. The post Trump Demands 3% Rate Drop After Warsh Raised it and Threatens More Hikes appeared first on BeInCrypto.
Microsoft AI Chief Says the Way Anthropic Trains Claude Could Upend Society
Anthropic believes Claude can be conscious and it teaches the model to believe that too, Mustafa Suleyman argues.
OpenAI Creates a New Framework to Disclose Bad AI Behavior
The company also disclosed previously unreported incidents in which its AI models behaved in misaligned ways, including uploading files to the internet without being asked.
Anthropic IPO Underwriter Says AI Spending Won't Slow: Can He Be Neutral?
Morgan Stanley says the AI slowdown push changes nothing. It also banks almost every company doing the spending. The post Anthropic IPO Underwriter Says AI Spending Won't Slow: Can He Be Neutral? appeared first on BeInCrypto.
Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%
Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.
US Opens Door to AI Risk Talks With China: Will Anything Change?
Bessent opens AI risk talks with China in New York, eight days before Trump hosts Xi in Washington. The post US Opens Door to AI Risk Talks With China: Will Anything Change? appeared first on BeInCrypto.