S&P 500 AI Rally: Can Tech Strength Offset Oil and Middle East Risk?

The US-Taiwan trade deal strengthens semiconductor supply chains, boosts US tech sectors, and reduces trade deficits, enhancing economic ties. The post US eases tariffs on Taiwan to formalize trade agreement appeared first on Crypto Briefing.

The US-Taiwan trade deal strengthens semiconductor supply chains, boosts US tech sectors, and reduces trade deficits, enhancing economic ties. The post US eases tariffs on Taiwan to formalize trade agreement worth $250B in chip investments appeared first on Crypto Briefing.

NY-12 congressional candidate Alex Bores speaks during a campaign event. | Bloomberg via Getty Images By the time that the Democratic primary for New York's 12th congressional district wraps up in June, Anthropic and OpenAI will have spent millions on their battle over the political future of AI: who gets to regulate it, or who will be punished for trying to regulate it. But the real winner of their feud may be the guy they're currently fighting over: a once-obscure New York state assemblyman, who they've Streisand-effected into becoming the poster child for AI safety regulation. Ever since late 2025, Leading the Future, a super PAC funded by OpenAI, Palantir, and a16z executives, has spent millions against Alex Bores, who wrote one of the … Read the full story at The Verge.

After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for […]

Bitdeer's strategic CFO appointment signals a focus on scaling operations and leveraging cross-industry expertise for growth in AI and mining. The post Bitdeer appoints former Corsair Gaming executive Michael Potter as CFO appeared first on Crypto Briefing.

Speaking at a launch event for Nvidia’s upcoming Taiwan headquarters, CEO Jensen Huang deemed the country the “epicenter” of the AI revolution

AI for science is changing what storage infrastructure needs to do. Most of this infrastructure was originally built around simulations and long term storage. Now AI systems need constant and […] The post AI-Driven Science Is Turning Data Storage Into a Competitive Advantage appeared first on AIwire.

First indication of how group will deploy its cash after vowing in March to hand out $1bn over 12 months