News
Harmonic advocates for human-defined AI benchmarks, and crypto investors should pay attention
17+ min ago (459+ words) The $1.45 billion AI startup wants humans, not machines, to decide what counts as intelligence, a philosophy that could reshape how we evaluate everything from trading bots to smart contracts. Harmonic AI, the formal reasoning startup co-founded by Robinhood’s Vlad Tenev…...
Alphabet's 'Frozen' chip promises to make AI models six to ten times more efficient
16+ min ago (370+ words) Google's parent company is doubling down on custom silicon to ease a growing AI compute crunch, and the implications ripple well beyond Mountain View Alphabet is preparing to launch a new AI chip, internally dubbed “Frozen v2,” that the company says…...
Hedge funds cut technology exposure by 10% in record retreat, Goldman says
25+ min ago (294+ words) Hedge funds dumped IT equities at the fastest pace since 2016, with semiconductors absorbing over half the blow, and crypto markets should be paying attention. Hedge funds just hit the eject button on US tech stocks harder than at any point…...
Nvidia posts $81.6B quarter as Bitcoin miners pivot to AI for 25x revenue boost
37+ min ago (509+ words) The GPU giant's fiscal Q1 results underscore a massive AI infrastructure buildout that's reshaping how crypto miners think about their hardware. Nvidia just reported $81.62 billion in quarterly revenue. That’s an 85% jump year-over-year, beating Wall Street estimates that clustered around $78.8 to $79.2 billion....
Google works on Frozen v2 AI chip for Gemini: Report
56+ min ago (147+ words) The search giant's custom silicon could deliver 6-10x efficiency gains over current TPUs, with major implications for the compute economy powering crypto and AI infrastructure. Google is developing a dedicated AI server chip known internally as Frozen v2 to optimize the performance…...
Anthropic launches Claude for Healthcare, signaling AI's expanding push into regulated industries
1+ hour, 30+ min ago (418+ words) The AI company unveiled clinical documentation tools at the JPM Healthcare Conference, part of a broader trend that has crypto-adjacent implications for AI token markets and tech investment flows. Anthropic just walked into one of the most heavily regulated industries…...
Microsoft deploys next-gen AMD Instinct and EPYC processors in major AI infrastructure push
1+ hour, 35+ min ago (167+ words) Crypto Briefing The tech giant's deepening partnership with AMD signals a shifting competitive landscape in AI compute, with implications that ripple far beyond Silicon Valley Microsoft is going all-in on AMD’s next-generation silicon, committing to deploy the chipmaker’s upcoming Instinct…...
Barclays upgrades Marvell Technology to overweight, betting big on AI infrastructure demand
2+ hour, 18+ min ago (300+ words) Marvell’s stock surged roughly 5% intraday on the news. For a company whose shares had already climbed approximately 140% year-over-year before the upgrade, that’s not a bad day at the office. Marvell’s data center business has posted 46% year-over-year growth, with hyperscaler revenue…...
Taiwan's retail investors unwind leveraged stock bets, driving historic market correction
10+ hour, 35+ min ago (340+ words) Margin loans plunged nearly $896 million in a single day as the TAIEX suffered its largest point drop ever, raising questions about tech-fueled rallies and overleveraged retail traders. Taiwan’s stock market just had one of those days that makes risk managers…...
Auditors urge UK government to verify £45B AI savings claims before building policy around them
2+ hour, 39+ min ago (233+ words) The National Audit Office says the government's headline figure for AI-driven public sector savings needs serious stress-testing, and independent estimates suggest it could be nearly half that amount. The UK government has been telling anyone who will listen that artificial…...