AI-Analyzed News
Every story read across 19 dimensions.
Gumi launches 3 billion yen crypto fund with SBI
Japanese game developer Gumi said it will operate a 3 billion yen crypto asset fund with SBI Financial Services, backed by Daiwa Securities Group and…
2 min read
Samsung posts record profit amid artificial intelligence demand
Samsung Electronics reported a record operating profit of 89.5 trillion won ($62 billion) for April–June as demand for memory chips linked to…
1 min read
EU to designate ChatGPT and Roblox for stricter oversight
OpenAI's ChatGPT and Roblox Corp. will be designated under the European Union's content moderation rules after each service surpassed a 45 million…
1 min read
Binance.US to seek CFTC designated contract market status
Binance.US plans to apply next month for designated contract market status with the Commodity Futures Trading Commission as it moves beyond spot…
2 min read
Eliyan closes $145 million Series C at $1 billion valuation
Eliyan Corporation completed a $145 million Series C at a $1 billion valuation, led by Seligman Ventures with participation from Cisco Investments…
4 min read
Saudi prince buys 5% stake in Lucid
Lucid shares jumped about 20% after a regulatory filing disclosed that Prince Alwaleed bin Talal bought a 5% passive stake, owning 19.51 million…
1 min read
Bison Bank becomes Portugal's first bank to operate as CASP
Bison Bank has become the first Portuguese bank to operate directly as a crypto-asset service provider (CASP) under the European MiCA regulation by…
3 min read
ChipAgents expands Series A with $60 million infusion
ChipAgents said it expanded its Series A with a $60 million infusion to further develop software that uses AI agents to automate and speed…
2 min read
Binance launches gold and silver options
Binance rolled out options on gold and silver through Nest Exchange Limited, its Abu Dhabi Global Market-regulated exchange, building on billions of…
1 min read
JetZero pursues blended-wing aircraft
JetZero is proposing a radical blended-wing aircraft that the article says resembles a manta ray rather than the conventional tube-with-wings layout…
1 min read
Standard Chartered posts higher half-year pretax profit
Standard Chartered reported first-half pretax profit of $4.78 billion, up 9% from a year earlier, driven by strong wealth and global banking revenue…
1 min read
FCC bans import of foreign-made humanoid robots
The Federal Communications Commission said it will bar imports of foreign-made humanoid robots, quadruped robots and foreign-made power inverters…
3 min read
Chinese DUV machines prompt ASML share decline
Shares of ASML fell sharply after reports that a Chinese state-backed company has started manufacturing immersion deep ultraviolet (DUV) lithography…
2 min read
Bitcoin network difficulty falls year over year amid mining headwinds
Hashrate Index reported that Bitcoin network difficulty and implied hashrate fell year over year for only the second time in history, a reversal last…
2 min read
Coinbase urges Fed to allow interest on payment accounts
Coinbase submitted a response to a Federal Reserve consultation on Feb 5 arguing that the Fed's proposed limited-purpose or "skinny" payment accounts…
2 min read
Tether signs MoU with Nairobi Securities Exchange
Tether and the Nairobi Securities Exchange signed a memorandum of understanding on July 28 to explore digital asset education, tokenization of…
2 min read
Ionic Digital lists on Nasdaq under ticker IOND
Ionic Digital, the former Celsius Mining offshoot, plans a Nasdaq direct listing on July 28 under the ticker IOND with a $53 reference price that…
4 min read
GE Vernova wins contract to replace units at Dinorwig plant
GE Vernova has been contracted by First Hydro Company, the ENGIE and La Caisse joint venture, to replace two pumped storage generating units at the…
2 min read
Zelestra signs 140 MWac PPA with Tesla for Texas solar
Zelestra has signed a 140 MWac power purchase agreement with Tesla to supply the full output of the planned Lumen Farm solar plant in northeast…
2 min read
EU requires labels for deepfakes and AI-generated content
From this week the EU's AI Act requires providers and professional users of generative AI to make artificially generated or manipulated content…
4 min read
Luno cuts about 20% of staff globally
Luno, the cryptocurrency exchange owned by Digital Currency Group, will cut about 20% of its global staff as part of a restructuring announced by…
1 min read
Galaxy acquires 500-acre site for McGregor data center campus
Galaxy Digital acquired roughly 500 acres in McGregor, Texas, under a development agreement with the city to build an AI and high-performance…
8 min read
Poland joins EU AI gigafactory procurement
Poland has signed a joint procurement agreement with the European High Performance Computing Joint Undertaking to take part in an EU-wide process to…
1 min read
Beijing says countries politicize trade with overcapacity claims
China's commerce ministry released a policy paper accusing some countries of politicizing economic and trade issues by promoting claims of Chinese…
2 min read