Author: GT

Individuals, industry groups, and local governments submitted over 10,000 comments to the White House about its work-in-progress national AI policy, also known as the AI Action Plan. The White House Office of Science and Technology Policy (OSTP) on Thursday published the text of the submissions in a PDF spanning 18,480 pages. The comments, which touch on topics ranging from copyright to the environmental harms of AI data centers, come as President Donald Trump and allies rejigger the U.S. government’s AI priorities. In January, President Trump repealed former President Joe Biden’s AI Executive Order, which had instructed the National Institute of…

Read More

The U.S. Federal Reserve is facing heavy pressure to cut interest rates. President Donald Trump recently warned that Fed Chairman Jerome Powell’s job could be at risk if he doesn’t cut rates fast. But let’s set aside all the political undertones and deal-making calculations, and focus on the overarching questions: What happens to cryptocurrency prices if there is a rate cut? And which cryptocurrencies would become most attractive in a lower-rate environment? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The general rule of thumb is…

Read More

Intel says that it’ll require employees to work from the office four days a week, a shift from the company’s current policy. CEO Lip-Bu Tan made the announcement during Intel’s Q1 2025 earnings call on Thursday. Previously, Intel allowed staff to work from home two days a week, but Tan said that adherence to the company’s hybrid work policy has been “uneven at best.” “I strongly believe that our sites need to be vibrant hubs of collaboration that reflect our culture in action,” Tan said. “When we spend time together in person, it fosters more engaging and productive discussion and…

Read More

BERN (Reuters) -The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution’s currency reserve standards, rebuffing calls by crypto advocates that it hold bitcoin as a hedge against growing global economic risks. Cryptocurrency campaigners are ramping up pressure on the SNB to buy bitcoin, arguing that the economic turmoil triggered by U.S. President Donald Trump’s tariffs made it more important for the central bank to diversify its reserves. They have launched a referendum campaign to change the Swiss constitution and require the SNB to hold bitcoin in its reserves alongside gold. SNB Chairman…

Read More

Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, Intel CEO Lip-Bu Tan said the company has reversed its decision to spin out its 34-year-old venture arm. Instead, Intel Capital will remain internal and continue to invest with Intel’s interests in mind. “We have made the decision not to spin off Intel Capital, but to work with the team to monetize our existing portfolio, while being more selective on new investments that support the strategy we need to get our balance sheet healthy and start the process of deleveraging this…

Read More

Dan Kitwood / Getty Images) Bitcoin was trading at recent highs Friday morning after an upbeat week for stocks. The leading cryptocurrency was recently changing hands near $95,000, reflecting a stretch in which investors have shown more appetite for risk assets amid signs of more clarity—and, perhaps, moderation—regarding Trump-administration trade policy. (Hopes of a summer Fed rate cut may also be helping.) At current prices, bitcoin remains below 2025 highs above $100,000 but has climbed off April lows closer to $76,000. (Read Investopedia’s live coverage of today’s trading here.) Bitcoin’s rise has energized some bitcoin bulls. ARK Invest, for example, this…

Read More

Perplexity doesn’t just want to compete with Google, it apparently wants to be Google.  CEO Aravind Srinivas said this week on the TBPN podcast that one reason Perplexity is building its own browser is to collect data on everything users do outside of its own app. This so it can sell premium ads. “That’s kind of one of the other reasons we wanted to build a browser, is we want to get data even outside the app to better understand you,” Srinivas said. “Because some of the prompts that people do in these AIs is purely work-related. It’s not like…

Read More

OpenAI is bringing a new “lightweight” version of its ChatGPT deep research tool, which scours the web to compile research reports on a topic, to ChatGPT Plus, Team, and Pro users, the company announced Thursday. The new lightweight deep research, which will also come to free ChatGPT users starting today, is powered by a version of OpenAI’s o4-mini model, OpenAI says. It’s not quite as capable as the “full” deep research, but OpenAI claims it’s cheaper to serve and thus enables the company to up usage limits. “Responses will typically be shorter while maintaining the depth and quality you’ve come…

Read More

Arbitrum (ARB) was set to make a splash. The Layer 2 network, home to a growing number of decentralized AI platforms, was preparing to announce a milestone: it had been named Nvidia’s exclusive Ethereum partner for the chipmaker’s new Ignition AI Accelerator, an offshoot of its Inception program that supports promising AI startups with infrastructure credits and mentorship. Then came the pivot. “We received some last-minute comms from Nvidia requesting to pause the announcement, however, they didn’t provide any specific details as to why,” a spokesperson told CoinDesk in an email. It’s a telling moment, and a reminder that despite…

Read More

Anthropic CEO Dario Amodei published an essay Thursday highlighting how little researchers understand about the inner workings of the world’s leading AI models. To address that, Amodei set an ambitious goal for Anthropic to reliably detect most AI model problems by 2027. Amodei acknowledges the challenge ahead. In “The Urgency of Interpretability,” the CEO says Anthropic has made early breakthroughs in tracing how models arrive at their answers — but emphasizes that far more research is needed to decode these systems as they grow more powerful. “I am very concerned about deploying such systems without a better handle on interpretability,” Amodei wrote…

Read More