Meta shares open 8% higher as company plans capex cuts

Meta's cloud venture could reshape AI infrastructure dynamics, challenging existing providers and diversifying revenue beyond advertising. The post Meta builds cloud business to sell excess AI capacity appeared first on Crypto Briefing.

The nature of security threats is changing. AI hasn’t just driven up energy prices and consumer electronics costs, it’s also ushering in a new era of AI-augmented cyberattacks, one where the time between a flaw being discovered and being exploited is shrinking fast. Apple is already signaling that it sees this coming. Why Apple moved first The company has begun accelerating the release of security updates specifically to counter AI-assisted hacking. This week’s patch was pushed out ahead of Apple’s usual schedule, and the company told Reuters it’s adapting to a reality in which artificial intelligence can speed up the development of malicious tools.  The logic is simple. If an AI system can find a flaw for one user, it can identify vulnerabilities for other users; that’s a benefit for well-resourced attackers prepared to move fast once a vulnerability becomes public. Hackers are, after all, one group in tech that really doesn’t worry much about moving fast and breaking things. Apple sa

Central banks' focus on inflation and AI's impact on stability suggests prolonged cautious monetary policies, affecting global economic dynamics. The post European Central Bank president Lagarde hosts central bank heads on Euro Matters podcast appeared first on Crypto Briefing.

Meta chief executive Mark Zuckerberg approached prediction-market leader Kalshi about a takeover before ordering his own team to build a competing app, according to a new report. How a buy-then-build turned into a contested market NPR reported Monday that Zuckerberg met Kalshi co-founder and CEO Tarek Mansour last year to discuss buying the exchange as […]

Meta's appointment of a Chief Data Officer highlights the growing importance of data governance amid complex global privacy regulations. The post Meta appoints Alex Schultz as first chief data officer appeared first on Crypto Briefing.

HashKey's Sun argued that Bitcoin's weakness stems from capital shifting toward AI, not fading risk appetite.

Google, the New York Jobs CEO Council and Urban Assembly hosted an AI summit for 150 education and industry leaders.

Economic resilience and AI-driven productivity may offset recession fears, but rising rates could challenge borrowing and spending dynamics. The post Bank of America CEO downplays recession fears, cites economic strength and AI-driven growth appeared first on Crypto Briefing.