Gradium raises $100M seed round with Nvidia backing, intensifying the AI compute war crypto miners know well

The post CoreWeave (CRWV) Stock Slides 3% Amid Meta Competition Fears and Heavy Insider Selling appeared on BitcoinEthereumNews.com. Key Takeaways CoreWeave shares declined 3.4% to close at $83.53, touching an intraday bottom of $79.46, while volume trailed the daily average by 20% Analysts hold a Moderate Buy rating with a consensus price target of $135, with bullish forecasts reaching as high as $250 Investor anxiety is mounting over Meta’s reported plans to enter the AI cloud computing space, potentially challenging CoreWeave’s market position Company insiders have offloaded more than $3 billion in shares over the last three months, primarily through tax withholding arrangements The company’s Q1 results fell short of expectations with EPS of -$1.40 versus the -$1.17 estimate, despite revenue jumping 111.6% annually to $2.08 billion CoreWeave (CRWV) experienced a 3.4% pullback on Tuesday, settling at $83.53 following an intraday descent to $79.46. The previous trading session had con

Microsoft's Xbox layoffs highlight a shift towards AI investment, signaling a defensive stance in traditional gaming amid financial pressures. The post Microsoft lays off over 3,000 staff at Xbox division in largest gaming restructuring ever appeared first on Crypto Briefing.

VCs pivoting to AI and robotics signals a strategic shift, potentially reshaping investment landscapes and innovation priorities in tech sectors. The post Crypto VC funds shift focus away from digital assets appeared first on Crypto Briefing.

The post Zuckerberg Breaks 3-Year Silence On X (Twitter) With AI Announcement appeared on BitcoinEthereumNews.com. Mark Zuckerberg broke a three-year silence on X (Twitter) on Thursday to unveil Muse Spark 1.1 and the Meta Model API, the company’s first paid platform for outside developers. The launch pushes Meta against OpenAI, Anthropic, and Google. The model competes on cost, and Meta is betting a lower price will win developers and pressure rivals’ margins. Yet META stock barely moved, rising only 2% after the news. META Stock Performance. Source: TradingView What Muse Spark 1.1 Can Do Muse Spark 1.1 is what the industry calls an agentic model. It is built to act, not just answer questions. It can plan a task, use software and tools, and operate a computer across desktop, mobile, and browser. We’re excited to introduce Muse Spark 1.1, a significant upgrade from the first Muse Spark model we released earlier this year. Along with this release, we are launching a public preview of th

Meta's AI advancements could reshape the competitive landscape, potentially challenging existing leaders and accelerating innovation in AI. The post SemiAnalysis praises Meta’s AI advancements, predicts compute lead over OpenAI appeared first on Crypto Briefing.

We must never allow the speed of AI innovation to outpace the readiness of the defenders charged with protecting it.

Andreessen's role in the Fed's AI task force may shape future economic policies, impacting tech innovation and labor markets significantly. The post Federal Reserve taps Marc Andreessen to co-lead AI advisory group on productivity and jobs appeared first on Crypto Briefing.

The post Microsoft’s Emissions Surge Thanks To AI Boom appeared on BitcoinEthereumNews.com. Topline Microsoft on Thursday reported its carbon emissions swelled last year as the software giant built new data centers, marking a setback for its climate goals as booming AI demand is expected to drive a sharp increase in global emissions over the next decade. Demand for AI is expanding, but sustainability solutions are “not scaling fast enough,” Microsoft reported. Copyright 2016 The Associated Press. All rights reserved. Key Facts Microsoft emitted 20 million metric tons of carbon dioxide equivalent—a measurement of all greenhouse gases as if they were carbon dioxide—last year, a 25% increase from the 16 million metric tons emitted in 2024, the company said in its annual sustainability report. Microsoft President Brad Smith and Chief Sustainability Officer Melanie Nakagawa said in the report that while AI infrastructure is driving demand for energy, water, land and materials, “sustainabili