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Altman Meets with Samsung Executives: Acknowledges AI Short-Term Bubble and Overestimation of Computing Demand
During a closed-door meeting with Samsung executives, Sam Altman warned of the short-term bubble risk in AI computing power due to "redundant calculations" in demand, emphasizing that "only OpenAI and Anthropic can truly drive large-scale demand growth." In response to profitability concerns, Altman...
From London to Ras Al Khaimah: A Crypto Founder's Reason for Leaving
Novig loses court shield, and New York gambling laws strike back
Novig appealed after a federal judge denied protection from New York gambling laws for sports contracts on its CFTC-designated exchange.
Inflation Pressure Persists as Waller Faces Democratic Congress
Layer33 Calls for Suspension of Weekly Withdrawals from SFDP, Delegation to Drop to Approximately 55,000 SOL
Bull Market Gains, Bear Market Losses: How to Calculate Taxes on Cryptocurrency Investments?
Bitcoin whales stack coins while ETF investors dump millions daily
Bitcoin wallets holding 100 to 10,000 BTC resume accumulation as US spot ETFs record another $95 million in outflows.
MSCI to Remove Strategy from Global Index, Billions in Fund Flows at Risk
The index operator MSCI has decided to remove Strategy and several other companies from its global index after determining their nature is more akin to investment funds. On Wednesday, Strategy's stock price fell by 2%. Led by Michael Saylor, Strategy pioneered the digital asset treasury model last y...
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