Meta launches low-cost Muse Spark 1.1 as enterprise AI spending comes under scrutiny

This situation could lead to stricter AI export regulations, impacting US firms' global market access and boosting China's domestic AI industry. The post OpenAI and Google caught selling AI models to Pentagon-blacklisted Chinese firms appeared first on Crypto Briefing.

A new NVCA-Pitchbook Venture Monitor report released this week found that the combined value generated by the pending initial public offerings of Anthropic and OpenAI, alongside the recently completed SpaceX IPO, is expected to exceed the total value of all U.S. venture-backed exits since 2000. SpaceX has already gone public at a $1.77 trillion valuation, and with […]

The post Ethereum Foundation Turns to AI Agents in Race to Secure Network From Bad Actors appeared on BitcoinEthereumNews.com. Key highlights: The Ethereum Foundation has tested AI agents in a cybersecurity role The AI agents found real bugs in the shortest time possible, with the Foundation warning that security researchers are still required Ethereum is now bracing for its biggest network improvements since The Merge The Ethereum Foundation has announced a raft of positives after testing the capabilities of AI agents in spotting security vulnerabilities on the Ethereum network. Despite the successes, the Ethereum Foundation disclosed that AI agents are not replacements for security researchers as the network braces for seismic changes. Ethereum Foundation unleashes AI agents to spot vulnerabilities According to a blog post by the research nonprofit, the experiments with coordinated AI agents for identifying network vulnerabilities recorded impressive success levels. Right off the bat

News outlets are asking a federal judge to sanction OpenAI, claiming it’s hiding ChatGPT logs relevant to a landmark copyright trial.

Ashton Kutcher is departing Sound Ventures, the venture firm he co-founded with Guy Oseary 11 years ago, to launch a new fund with Morgan Beller, a former general partner at NFX who previously co-led Meta’s Libra cryptocurrency project and spent nearly three years at Andreessen Horowitz, the Wall Street Journal reported. The name of the […]

The post Federal Reserve Taps A16z Co-Founder for Monetary Policy Task Force appeared on BitcoinEthereumNews.com. The US Federal Reserve named Andreessen Horowitz (a16z) co-founder Marc Andreessen to help lead a task force studying how artificial intelligence and other new technologies could affect productivity and jobs. Andreessen will serve on the Fed’s Productivity and Jobs task force alongside Charles I. Jones, a Stanford University economics professor currently on leave at Anthropic, and Asha Sharma, Microsoft’s executive vice president and Xbox CEO. The new task force will assess how general-purpose technologies such as AI will affect employment and productivity to better inform the central bank’s policymaking, the Fed said in a Thursday press release. The group is one of five task forces launched under new Fed Chair Kevin Warsh, each responsible for examining important areas of monetary policy conduct. The other task forces will focus on the Fed’s policy communication, balance s

The post Meta rejects EU finding that Facebook, Instagram use addictive design appeared on BitcoinEthereumNews.com. Meta has pushed back on what the European Commission recently said about a preliminary finding that showed that Instagram and Facebook broke EU law with features built to keep users scrolling. The finding, which was published on July 10 and looked into what the commission refers to as the “addictive design” of the two apps under the Digital Services Act (DSA), could expose the company to fines worth up to 6% of its global annual turnover and force design changes across both platforms. Features like the infinite scroll, video autoplay, push notifications, and the platforms’ personalized recommender systems are being pointed out as part of the core problem.  According to the Commission, these features “shift the brain into autopilot mode,” and it says that Meta failed to properly weigh their effect on users’ physical and mental health. A Meta spokesperson stated that the co

The post Meta insiders sold 150 times and bought zero in the last six months appeared on BitcoinEthereumNews.com. Meta (Nasdaq:META) executives and directors have unloaded roughly $130 million of company stock over the past six months. Across the same half year, they have bought exactly zero shares. That selling might have been more palatable if they had, as executives and directors, helped the stock price go up over that time period. They did not. META, trading on the Nasdaq, is worth less today than it was six months ago. Worse, their stock sales clustered near the higher range of 2026, months before an AI spending spree knocked the stock down. Since the start of the year, the company has lost $60 billion in market capitalization. Read more: YouTuber finds only 900 daily users in Horizon Worlds — Meta’s $36B metaverse The heaviest seller was Chief Financial Officer Susan Li. Her Form 4 disclosures show about $95 million in sales. Chief Operating Officer Javier Olivan also sold more t