Author: GT

By Niket Nishant (Reuters) – U.S. crypto stocks declined in premarket trading on Thursday after President Donald Trump’s latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions, sparking a sell-off in riskier assets. Crypto exchange Coinbase Global fell about 4%, while major bitcoin holder Strategy dropped 3%. Among miners, MARA Holdings, Riot Platforms and Bitfarms slipped about 4%, 5% and 6%, respectively. The broad losses underscore the widespread fallout of the tariffs on multiple asset classes. Bitcoin, the biggest cryptocurrency, dropped 2.3%, while ether dived 3.3%. Even though the Trump administration has signaled a willingness…

Cloud infrastructure is dominated by several large industry players: AWS, Microsoft’s Azure, and Google Cloud. While to some it may look like AI is headed in a similar direction, the founders of Parasail think AI infrastructure will look very different — and are betting their company’s fate on it. Parasail works with dozens of providers to deliver on-demand GPUs for companies and enterprises looking to build AI models and applications. Parasail gives customers access to hardware, including Nvidia’s H100, H200, A100, and 4090 GPUs, at a fraction of the cost that incumbents charge, according to the company. “There’s basically three cloud…

AI sales rep startups are a very crowded market these days. If you’re driving into San Francisco from the airport, you’ll probably spot billboards promising that you can “Stop Hiring Humans” (Artisan) or urging you to “Hire Piper, the AI SDR” (Qualified). While some of these startups are certainly growing fast, the field has its challenges and some VCs are wary.  Anshul Gupta, co-founder of Actively AI, admits the early versions of these AI sales tools don’t live up to their own hype. Gupta claims classic AI sales reps aren’t the right approach, telling TechCrunch they’ve “failed” by focusing too…

As traditional finance (TradFi) increasingly moves into the crypto space, tension is brewing between decentralization advocates and institutional giants. Big names like Citadel Securities, Fidelity, and BlackRock are jumping in — with Citadel planning to become a crypto liquidity provider, Fidelity offering Bitcoin and Ethereum in retirement accounts, and BlackRock warning that the U.S. dollar could lose dominance to Bitcoin. Many crypto purists argue that the arrival of major financial institutions threatens decentralization, one of crypto’s core principles. “When institutions enter the space and gain control over huge portions of the market, we lose all the benefits of decentralization,” some…

Research conducted by Vlerick Business School has discovered that in the area of AI financial planning, the technology consistently outperforms humans when allocating budgets with strategic guidelines in place. Businesses that use AI for budgeting processes experience substantial improvements in the accuracy and efficiency of budgeting plans compared to human decision-making. The study’s goal was to interpret AI’s role in corporate budgeting, examining how well such technology performs when making financial decisions. Ultimately, it’s an investigation into whether AI’s financial decisions align with a company’s long-term strategies and how its decisions compare to human management. The researchers, Kristof Stouthuysen, Professor…

Anthropic announced on Wednesday that it’s launching a new Claude for Education tier, an answer to OpenAI’s ChatGPT Edu plan. The new tier is aimed at higher education, and gives students, faculty, and other staff access to Anthropic’s AI chatbot, Claude, with a few additional capabilities. One piece of Claude for Education is “Learning Mode,” a new feature within Claude Projects to help students develop their own critical thinking skills, rather than simply obtain answers to questions. With Learning Mode enabled, Claude will ask questions to test understanding, highlight fundamental principles behind specific problems, and provide potentially useful templates for…

In February of 2025, Michael Saylor uploaded a short post to X which read “never sell your Bitcoin.” This sentiment has been widely echoed by other Bitcoin advocates and investors for years, who encourage their audiences to have “diamond hands” and to “hodl.” Bitcoin is seen as a long-term play by most people who buy it and while it has generated great returns for those people, there haven’t been many ways to put that liquidity to work outside of staking. Bitlayer founder and CEO, Charlie Hu, sat down for an interview with TheStreet Roundtable to discuss the growing demand for…

During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%.  The whiplash has left many people seeking to buy homes shut out of the market. But what if there was a way to still get the interest rates of years past? With assumable mortgages, there might be. An assumable mortgage is one where an outstanding loan is transferable to the buyer.   Enter Roam, a New…

The fediverse, also known as the open social web that includes Mastodon, Meta’s Threads, Pixelfed, and other apps, is ramping up its security. On Wednesday, a nonprofit focused on bringing governance to open source projects, the Nivenly Foundation, announced the launch of a new security fund that will pay those who responsibly disclose security vulnerabilities that affect fediverse apps and services. While all software can have security issues, Mastodon — an open source and decentralized alternative to X — has fixed numerous bugs over the years, leading to the need for such a program. Another issue found in the fediverse…

President Donald Trump proclaimed substantial new tariffs during his “Liberation Day” speech on April 2, calling these tariffs a “declaration of economic independence.” Trump imposed tariffs on scores of countries, setting an initial tariff of 10% on all imports with a start date of April 5. “We will charge them approximately half of what they are and have been charging us,” Trump said, adding, “So, the tariffs will not be fully reciprocal.” He recognized that other tariffs could be charged if foreign companies made their products in the United States to avoid tariffs. He said, “If you want your tariff…