Author: GT

Thomas Fuller / SOPA Images / LightRocket via Getty Images Morgan Stanley executives are looking into adding spot cryptocurrency trading to its E*Trade platform sometime next year, Bloomberg reported Thursday. Bitcoin hit its highest price since late February following the report. The report comes as regulators under the Trump administration have shifted to a softer stance on crypto enforcement. Banking giant Morgan Stanley (MS) is looking to bring cryptocurrency trading to clients through its E*Trade platform, according to a report Thursday. Citing people familiar with the matter, Bloomberg reported that discussions are ongoing within the bank about adding spot cryptocurrency…

The classroom hasn’t changed much in over a century. A teacher at the front, rows of students listening, and a curriculum defined by what’s testable – not necessarily what’s meaningful. But AI, as arguably the most powerful tool humanity has created in the last few years, is about to break that model open. Not with smarter software or faster grading, but by forcing us to ask: “What is the purpose of education in a world where machines could teach?” At AI News, rather than speculate about distant futures or lean on product announcements and edtech deals, we started a conversation…

A new paper from AI lab Cohere, Stanford, MIT, and Ai2 accuses LM Arena, the organization behind the popular crowdsourced AI benchmark Chatbot Arena, of helping a select group of AI companies achieve better leaderboard scores at the expense of rivals. According to the authors, LM Arena allowed some industry-leading AI companies like Meta, OpenAI, Google, and Amazon to privately test several variants of AI models, then not publish the scores of the lowest performers. This made it easier for these companies to achieve a top spot on the platform’s leaderboard, though the opportunity was not afforded to every firm,…

Cheng Xin / Getty Images Robinhood Markets shares fell Thursday following a report that Morgan Stanley is planning to add cryptocurrency trading to its E*Trade platform. The online trading platform also said full-year expenses would be higher than previously expected because of costs related to the acquisition of TradePMR. The news offset better-than-anticipated profit and sales in the first quarter. Shares of Robinhood Markets (HOOD) declined Thursday following a report that Morgan Stanley (MS) is planning to add cryptocurrency trading to its E*Trade platform. Robinhood could face increased competition if big banks make a push into crypto trading. In addition, Robinhood…

People walk through the hallways at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Amanda Andrade-Rhoades | The Washington Post | Getty ImagesData center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday.Dominion provides electricity in Loudoun County, nicknamed “Data Center Alley” because it hosts the largest cluster of data centers in the world. The utility works closely with the Big Tech companies that are investing tens of billions of dollars in data centers as they train artificial intelligence models.”We have not observed any evidence of slowing…

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025.Brendan McDermid | ReutersAmazon is slated to announce its first-quarter earnings after the market close on Thursday.Here’s what analysts are looking for:Earnings per share: $1.36 expected, according to LSEGRevenue: $155.04 billion expected, according to LSEGWall Street is also looking at other key revenue numbers:Amazon Web Services: $29.42 billion expected, according to StreetAccountAdvertising: $13.74 billion expected, according to StreetAccountThe topic of tariffs will hover over Amazon’s earnings report. Several of the company’s businesses are exposed to President Donald Trump’s new tariffs, especially its core…

Amazon on Wednesday released what the company claims is the most capable AI model in its Nova family, Nova Premier. Nova Premier, which can process text, images, and videos (but not audio), is available in Amazon Bedrock, the company’s AI model development platform. Amazon says that Premier excels at “complex tasks” that “require deep understanding of context, multi-step planning, and precise execution across multiple tools and data sources.” Amazon announced its Nova lineup of models in December at its annual AWS re:Invent conference. Over the last few months, the company has expanded the collection with image- and video-generating models as…

Epic Games has notched a win in an ongoing legal dispute with Apple, as a result of which Fortnite could return to the U.S. iOS App Store as early as next week. Judge Yvonne Gonzalez Rogers said in a ruling on Wednesday that Apple was in “willful violation” of a 2021 injunction that prohibited the company from imposing anticompetitive pricing. Apple won many of the arguments in the trial with Epic Games. One notable exception was a ruling prohibiting the iPhone maker from collecting fees on purchases made outside of apps. At the time, Apple was told to change its…

Dogecoin (DOGE) prices were little-changed after reports of carmaker Tesla searching for a new CEO to replace technocrat Elon Musk, which the company later refuted. DOGE prices wobbled between the 16-17 cents mark in the past 24 hours, in line with a flat market. Musk is a known dogecoin backer whose comments, or developments at his companies, tend to impact the memecoin’s prices. Tesla board members reached out about a month ago to several executive search firms to replace Musk, sparked by his heavy involvement with the Trump administration, per WSJ. The board members met Musk and asked him to…

Meta made a prediction last year its generative AI products would rake in $2 billion to $3 billion in revenue in 2025, and between $460 billion and $1.4 trillion by 2035, according to court documents unsealed Wednesday. The documents, submitted by attorneys for book authors suing Meta for what they claim is unauthorized training of the company’s AI on their works, don’t indicate what exactly Meta considers to be a “generative AI product.” But it’s public knowledge that the tech giant makes money — and stands to make more money — from generative AI in a number of flavors. Meta…