Citadel’s Ken Griffin went from calling AI ‘garbage’ to predicting a golden age in five months

The post Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners appeared on BitcoinEthereumNews.com. The post Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners appeared first on Coinpedia Fintech News President Donald Trump’s son Eric’s Bitcoin mining venture has reportedly erased nearly $600 million in market value after its stock crashed more than 95% from its peak.  While the company continues adding Bitcoin to its treasury, investors are moving away from crypto mining stocks and putting more money into AI companies. American Bitcoin Stock Crashes … Source: https://coinpedia.org/news/eric-trumps-bitcoin-mining-firm-loses-600m-as-ai-boom-hits-crypto-miners/

Organizations know AI is important. They’re investing in it, encouraging teams to use it and looking for ways to scale its value. But many organizations are still struggling to turn that priority into governed, scalable action.   Leaders are left scrambling to feel confident about whether AI is being used responsibly, creating a widening gap between what leaders want from AI – innovation, efficiency and competitive [...] The post How to close the gap between AI adoption and governance appeared first on SAS Blogs.

SK Hynix's Nasdaq debut highlights the growing importance of AI and crypto markets, attracting significant US investment and expanding global reach. The post SK Hynix lists on Nasdaq with $1 trillion valuation in one of the largest share sales in history appeared first on Crypto Briefing.

AI-driven inflation could necessitate higher interest rates, impacting economic growth and potentially altering investment strategies. The post Federal Reserve Bank of New York president warns AI demand could drive inflation appeared first on Crypto Briefing.

India now hosts over 2,100 GCCs, contributing nearly 2% of GDP, but sustaining the lead will require continuous investment in talent, AI and innovation

The post Low-Volatility Beats Momentum as Defensives Return appeared on BitcoinEthereumNews.com. Low-volatility just beat momentum over a stretch that actually matters, and defensive sectors have quietly taken the wheel. If you’ve been watching the S&P 500 lurch between AI euphoria and macro nerves, this is your sign the market’s tone is changing. This piece walks through what’s behind the defensive rotation, how low-vol stacks up against momentum, where the data confirms it, and what it could mean for tech, small caps, and even crypto liquidity. I’ll keep it practical: signals to track, ways to express or hedge the view, and the common mistakes investors make when these rotations kick off. Yes, low-volatility has started to beat momentum, and the S&P 500’s defensive rotation is back on the tape. In late June, defensive sectors led, market breadth improved, and a simple SPLV-over-MTUM look turned up. This isn’t a victory lap for the bears; it’s a nudge to reassess factor risk and conce

Disinformation and deepfakes are known risks but biased LLMs could also be used to influence public opinion

After reentering the AI race with its first in-house Muse Spark model in April, Meta is now opening up the doors to developers with a new model that can plug into AI coding software with the new Meta Model API. Meta says that Muse Spark 1.1 is a "step-change" from the first generation, with improvements based on feedback from developers. The company says it's capable of more advanced coding, including detection and fixing of complex bugs; better supports end-to-end agentic workflows across a range of apps, including multi-agent systems; and has native multimodal perception across images, videos, and documents. The Muse Spark 1.1 launch fol … Read the full story at The Verge.