S&P 500 streak at risk as AI trade takes another leg lower

President Donald Trump said he's discussing deals "where the American people can benefit from the success of AI."

An AI-generated image of the royal family featuring two Queen Elizabeth IIs. | Image: Meta AI Facebook has long been filled with feeds of clickbait articles. Now, Meta is making its own clickbait articles with AI. The standalone Meta AI app now has a "For You" section that populates a list of clickbait-style stories for you to read. But the topics, images, and text are all AI-generated - and as questionable as you'd expect from AI-created works. The Meta AI app first launched in April 2025 with its focus on a public "Discover" feed that showed AI-generated images and conversations from other users (who frequently seemed unaware that they were being made public). That's all disappeared. The app now has a standard chatbot interface, … Read the full story at The Verge.

J.P. Morgan's shift highlights Tesla's evolving identity, emphasizing AI and robotics, potentially reshaping investor focus and market valuation. The post J.P. Morgan upgrades Tesla to Neutral, raises price target to $475 appeared first on Crypto Briefing.

ADA is down by 30% in the past week alone, but can it get much worse?

Kristen Gonzalez, a state senator who authored the bill, said moratorium would target ‘hyperscale’ datacenters over 20MW New York moved closer toward becoming the first US state to enact a moratorium on large datacenters this week. On Thursday, the state legislature approved a one-year ban on the facilities powering the AI boom. The measure now heads to Kathy Hochul, the governor, who will decide whether to sign it into law. The Guardian spoke to a state senator in the wake of the historic vote about authoring the bill and the wider US backlash against datacenters. Continue reading...

AirTrunk's massive investment could position India as a global data hub, accelerating digital transformation and economic growth. The post AirTrunk plans $30B investment in India data centers to fuel AI and cloud growth appeared first on Crypto Briefing.

A coordinated AI development pause could reshape global regulatory frameworks, impacting investment strategies and international compliance norms. The post Anthropic calls for industrywide pause on AI development to assess risks appeared first on Crypto Briefing.

Nvidia's massive Taiwan investment underscores the island's pivotal role in AI, heightening geopolitical stakes and supply chain dependencies. The post Nvidia’s $150B Taiwan investment supercharges the silicon shield as Computex puts AI center stage appeared first on Crypto Briefing.