Author: GT

Janover, a real estate-focused fintech company, has ramped up its investments in Solana (SOL), now holding a total of 163,651 tokens, valued at approximately $21.2 million. This is part of the company’s strategy to focus its treasury on cryptocurrency, specifically Solana, making it the first publicly traded U.S. firm to take such an approach. On April 15, Janover announced the purchase of 80,567 SOL tokens for $10.5 million, adding to previous buys made earlier this month. The company’s treasury strategy, approved by the board on April 4, also includes staking the tokens and potentially operating Solana validators. Janover seems to…

We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch.  The letter tells Lovable to stop using the term “Dev Mode” for a new product feature. Figma, which also has a feature called Dev Mode, successfully trademarked that term last year, according to the U.S. Patent and Trademark office. What’s wild is that “dev mode” is a common term used in many products that cater to software programmers. It’s like an edit mode. Software products from giant companies like Apple’s…

Seychelles-based OKX announced on Tuesday that it is relaunching the U.S. version of its crypto exchange and unveiled a new wallet for American users to store as well as trade cryptocurrencies. The company also named Roshan Robert, a longtime employee of Barclays, as its U.S. CEO and revealed it would locate its U.S. regional headquarters in San Jose, California. “It is not just the rebrand. The entire technology interface, everything has changed,” said Robert, who was recently an executive at the crypto prime broker Hidden Road, which was acquired by Ripple for $1.25 billion in April. OKX’s renewed focus on…

India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI) barred Gensol Engineering’s founders, Anmol Singh Jaggi and Puneet Singh Jaggi, from holding key positions in the public-listed company and participating in the securities market while the agency investigates. The Jaggi brothers also co-founded BluSmart Mobility. Anmol Singh Jaggi told TechCrunch the company was “fully…

BANGKOK (AP) — Shares in computer chip makers slumped in after-hours trading and in Asia after Nvidia said tighter U.S. government controls on exports of computer chips used for artificial intelligence will cost it an extra $5.5 billion.The company, which announced Monday that it will produce its artificial intelligence super computers in the United States for the first time, said the government told it that its H20 integrated circuits and others of the same bandwidth would be subject to the controls for the “indefinite future.” In a regulatory filing, it said the government said the controls addressed risks that the…

Tariffs have been the most important news story so far this year. The president has caused investors a lot of uncertainty with rapid-fire announcements affecting global trade and the flow of capital. The market has responded with extreme volatility. Investors can try to identify stocks that will successfully navigate the turmoil. Or they could simply adopt a wait-and-see approach. However, maybe it’s time to consider a different asset class altogether. There’s at least one billionaire out there who believes one cryptocurrency has more than 15,000% upside from its price on April 12. Is it time to buy? There are people…

OpenAI has updated its Preparedness Framework — the internal system it uses to assess the safety of AI models and determine necessary safeguards during development and deployment. In the update, OpenAI stated that it may “adjust” its safety requirements if a competing AI lab releases a “high-risk” system without similar protections in place. The change reflects the increasing competitive pressures on commercial AI developers to deploy models quickly. OpenAI has been accused of lowering safety standards in favor of faster releases, and of failing to deliver timely reports detailing its safety testing. Last week, 12 former OpenAI employees filed a brief…

A visitor observes a computer bay at the PA10 data center, operated by Equinix Inc., in Paris, France, on Thursday, Feb. 6, 2025.Bloomberg | Bloomberg | Getty ImagesIn some advanced economies, electricity infrastructure and cost of utilities are undergoing structural changes because of artificial intelligence-driven demand for data centers.In the process, U.S consumers could be paying higher utility bills because of the sector shifting costs to consumers, warned a latest paper by the Harvard Electricity Law Initiative.Meanwhile in the U.K, residents may experience higher wholesale prices in light of a proposed reform to the electricity market that would favor data…

You could say that TikTok is ruining our attention spans, and yet, viewers around the world are tuning in to watch a monotonous livestream from a Swedish TV station that they’ve probably never heard of. It’s time for the Great Moose Migration. For thousands of years, moose have crossed the Ångerman River each spring, trekking to a warmer summer habitat. But since 2019, the whole world can watch along for three weeks as Sweden’s SVT broadcaster airs its livestream of the migration online, using over 30 cameras to catch all of the painstakingly slow action. For the most part, the…

In a colorful commentary for the Los Angeles Times, Matt K. Lewis argued that callousness is a central feature of the second Trump administration, particularly its policies of deportation and bureaucratic cutbacks. “Once you normalize cruelty,” Lewis concluded in the piece, “the hammer eventually swings for everyone. Even the ones who thought they were swinging it.”Lewis’ word wasn’t the last, however. As they have with opinion pieces the past several weeks, Times online readers had the option to click on a button labeled “Insights,” which judged the column politically as “center-left.” Then it offers an AI-generated synopsis — a CliffsNotes…