Author: GT

In a sign of Anthropic’s increasingly cozy relationship with Amazon, Anthropic has formed a new team to recruit AWS customers to use its AI products. The team, which Anthropic appears to have begun hiring several months ago, aims to “accelerate” the adoption of Anthropic’s AI among AWS accounts by “building programs that […] scale across global markets and segments.” That’s according to job listings on Anthropic’s website and job boards around the web. “[Y]ou will own and scale one of our most significant strategic relationships, leading a team responsible for multi-billion dollar revenue opportunities through our AWS partnership,” reads a…

Bitcoin has shown unusual strength against a backdrop of economic instability, with its price climbing nearly 7% over the past week to reach around $84,000 and even briefly touching $86,000. This comes as major U.S. stock indexes like the S&P 500 and Nasdaq hit year-long lows and bond yields surged to levels not seen since 2007. Crypto trading firm Wintermute noted that Bitcoin “held up relatively well… revisiting price levels from around the U.S. election period.” In past downturns, Bitcoin typically saw steeper declines than traditional financial assets. “This marks a notable shift from its historical behavior in crisis situations,”…

Context.ai, a startup building evaluations and analytics for AI models, announced Tuesday that its co-founders will join OpenAI.  Context.ai plans to wind down its products following the acqui-hire, per a message on the company’s website. When reached for comment, OpenAI declined to reveal the terms of the deal. “Evals are a requirement to building high-performing AI applications, but they’re hard to get right today,” reads the message. “We spent two years building evals and analytics for [models] at Context.ai — with a few pivots along the way. We couldn’t be more excited for this next chapter of our journey at…

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…