Author: GT

Bitcoin recently hit a price of $95,000 for the first time in two months, signaling a potential recovery. More investors are now viewing Bitcoin as a potential hedge and long-term store of value. After weeks of outflows, the spot Bitcoin ETFs are beginning to see significant inflows. After months of struggling to gain any sort of momentum, Bitcoin (CRYPTO: BTC) has seemingly turned it around. It recently hit a price of $95,000 — the first time it has done that since February 25. Bitcoin is now up nearly 15% over the past 30 days, and appears ready to retake the…

At the Apsara Conference in Hangzhou, hosted by Alibaba Cloud, China’s AI startups emphasised their efforts to develop large language models. The companies’ efforts follow the announcement of OpenAI’s latest LLMs, including the o1 generative pre-trained transformer model backed by Microsoft. The model is intended to tackle difficult tasks, paving the way for advances in science, coding, and mathematics. During the conference, Kunal Zhilin, founder of Moonshot AI, underlined the importance of the o1 model, adding that it has the potential to reshape various industries and create new opportunities for AI startups. Zhilin stated that reinforcement learning and scalability might…

Chuck Smith monitors the manufacturing process of the series 6 solar panels during a tour of a First Solar plant in Walbridge, Ohio, on Oct. 6, 2021.Dane Rhys | ReutersFirst Solar shares plunged on Wednesday, after CEO Mark Widmar said the scale and depth of President Donald Trump’s tariffs were unexpected and pose a “significant economic headwind” to the company’s manufacturing facilities.Widmar said the implementation of new trade policies by Trump was viewed by First Solar as a possibility, but the tariffs imposed by the president earlier this month have “introduced significant challenges to 2025 that were not known at…

On Tuesday, Meta is hosting LlamaCon, its first-ever AI developer event. It’ll center around the company’s Llama family of open AI models, and we’re expecting some big updates for developers. Also on the agenda: keynotes from Meta executives and fireside chats with Big Tech CEOs and Meta’s chief, Mark Zuckerberg. Meta is hosting a small number of developers and journalists at its Menlo Park, California, headquarters. The company is also livestreaming the big keynotes and firesides for people around the world to tune in. LlamaCon will stream on the Meta for Developers Facebook Page and on the Meta Developers YouTube…

LONDON (AP) — Microsoft pledged Wednesday to fight any U.S. government order to halt data center operations in Europe as it sought to soothe concerns among European customers that trans-Atlantic tensions would lead to service disruptions. The company’s president, Brad Smith, said it’s not something that officials are talking about in Washington, D.C. but it is a “real concern” for Microsoft’s customers across Europe, which include governments.President Donald Trump has stoked tensions between the U.S. and Europe with his tariff-fueled trade war, and alarmed European leaders with policy changes, including pausing intelligence sharing with Ukraine, that throw into doubt his…

Duolingo is restructuring parts of its workforce as it shifts toward becoming an “AI-first” company, according to an internal memo from CEO and co-founder Luis von Ahn that was later shared publicly on the company’s LinkedIn page. The memo outlines a series of planned changes to how the company operates, with a particular focus on how artificial intelligence will be used to streamline processes, reduce manual tasks, and scale content development. Duolingo will gradually stop using contractors for work that AI can take over. The company will also begin evaluating job candidates and employee performance partly based on how they…

When it comes to creating images of Earth from above, satellites, drones, planes, and spacecraft are what tend to come to mind. But a startup called Near Space Labs has a very different approach to taking high-resolution photos from up high. Near Space Labs is building aircraft, called Swift, that are raised by helium balloons and then rely on air currents to stay up, move around to take pictures from the stratosphere, and eventually glide back down to earth. On the back of significant traction with customers using its images, the startup has now raised $20 million to expand its…

The U.S. Securities and Exchange Commission (SEC) delayed approval decisions on spot xrp (XRP) and dogecoin (DOGE) exchange-traded funds (ETFs) late Tuesday, in line with analyst expectations. The SEC said it will wait until June 15 for the next steps for the Bitwise DOGE ETF and June 17 for the Franklin XRP Fund, separate filings show. The law says the Commission has 45 days from when a proposed rule change is announced to approve it, reject it, or start a process to decide if it should be rejected. These 45 days can be extended to 90 days if the Commission…

Sometimes, answering a long-standing problem is a matter of finding a new perspective. Take methane from cows: For years, people have been trying to eliminate the gas from cow burps in an attempt to limit the livestock’s impact on the climate. But they haven’t made a dent. That’s in part because they were looking at the issue from the perspective of a climate scientist, not a farmer. Kathryn Polkoff, co-founder and CEO of Hoofprint Biome, has been thinking about the problem more like a farmer, though. “The first time I heard about this methane problem was animal science 101,” Polkoff,…

Over both a 12-month and five-year time period, Strategy stock has outperformed Bitcoin. Strategy has gone all-in on its Bitcoin acquisition strategy, even going so far as to rebrand itself as a Bitcoin Treasury Company. Strategy’s stock market valuation is now completely dependent on the price of Bitcoin continually rising. In four of the past five years, Bitcoin (CRYPTO: BTC) has been the top-performing asset in the world, and it hasn’t even been close. In 2020, 2023, and 2024, Bitcoin delivered triple-digit returns to investors. Over the past five years, Bitcoin is now up a head-spinning 956%. It might seem…