Higgsfield AI debuts fully AI-generated film ‘Hell Grind’ at Cannes

HPE's AI-driven growth highlights the transformative impact of AI on tech infrastructure, signaling a shift in market dynamics and investment focus. The post Hewlett Packard Enterprise’s backlog nears $6B amid AI spending surge appeared first on Crypto Briefing.

The post Federal Reserve Minutes Reveal AI Boom Sparking Inflation Worries and Rate Hike Possibilities appeared on BitcoinEthereumNews.com. Key Takeaways Federal Reserve policymakers identify AI infrastructure expansion as a significant contributor to inflationary pressures through elevated semiconductor, energy, and data center expenses Interest rates remained unchanged at 3.5%–3.75% during June’s policy meeting under new Chair Kevin Warsh Half of the 18 voting committee members anticipate at least one rate increase by the conclusion of 2026 Market expectations show a 69.5% probability of unchanged rates at the upcoming July 29 decision, declining from 80% the previous week Prediction markets indicate a 59% likelihood of a rate adjustment this year, influenced by escalating U.S.-Iran geopolitical risks Central bank officials found themselves at odds during their June policy gathering regarding the appropriate path forward for interest rates. Documents released on Wednesday revealed th

Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds.

The transformer bottleneck threatens to delay AI and digital infrastructure growth, impacting energy-intensive industries and investment strategies. The post The century-old device quietly choking the world’s AI ambitions appeared first on Crypto Briefing.

The post Fed Blames AI Demand Boom for Rising US Inflation appeared on BitcoinEthereumNews.com. Federal Reserve officials were split last month on whether to increase interest rates or keep them steady, with many seeing accelerating demand for artificial intelligence as a driver of inflation, according to meeting minutes released on Wednesday. The minutes covered the first monetary policy meeting under Fed Chair Kevin Warsh. Many Federal Open Market Committee members said that “ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity,” according to the minutes.   AI-related inflationary pressure, colloquially known as “chipflation,” stems from the rising cost of semiconductors used by data centers. This surge in demand, along with data center competition for energy, has pushed up consumer prices for a wide range of electronic goods, devices and power, and may continue as AI demand increases. Higher inflation is g

Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve policymakers said.

The surge in US capital spending, especially in AI, could destabilize global markets if returns don't meet expectations, impacting asset valuations. The post Temasek International CIO warns of market risks from US capital spending surge appeared first on Crypto Briefing.

The post Bitcoin Hovers Near $62K as BlackRock Trims AI Stock Bets appeared on BitcoinEthereumNews.com. Crypto News The world’s largest asset manager has pared back its most AI-exposed equity positions, its global fixed-income chief said this week, describing the move as a rebalancing rather than a retreat. The firm trimmed holdings in companies whose earnings lean most heavily on the artificial-intelligence buildout, and separately cut a meaningful slice of its broader equity exposure. Management framed the decision as trimming winners, not abandoning the theme. Because the manager oversees more client money than any rival, its positioning draws outsized scrutiny, sharpening an existing debate over whether market concentration in a handful of AI leaders has stretched too far ahead of underlying earnings. The scale behind those comments is what gives them weight. The manager reported a record 13.9 trillion dollars in assets under management as of March 31, according to its regulatory f