Why Didn’t Bitcoin Go Higher? Arthur Hayes Blames the AI Spending Frenzy
Hayes believes that AI's growing demand for capital has become a major headwind for bitcoin.
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Tencent's bond sale will gauge global investor confidence in Chinese tech amid shifting narratives from regulatory concerns to AI growth. The post Tencent aims to raise $3B in dual-currency bond offering, its first dollar debt sale since 2021 appeared first on Crypto Briefing.
Read full articleHayes believes that AI's growing demand for capital has become a major headwind for bitcoin.
Sandstone's Series A was led by Lightspeed Partners, with participation from Sequoia.
This partnership could redefine AI's role in real-world applications, enhancing Nvidia's market reach and solidifying its tech ecosystem dominance. The post Nvidia partners with LG to build humanoid robots and next-generation data centers appeared first on Crypto Briefing.
A regulatory dispute has indefinitely delayed the release of Siri AI.
Most of Apple's current AI ideas are roughly the same as everyone else's AI ideas. A chatbot you can ask questions; quick ways to create or summarize text; bizarre, borderline creepy image-generation tools. The company spent most of its WWDC keynote playing catch-up with the state of the AI art, announcing Siri features you can already find on Android phones and in the Claude and ChatGPT apps. The pitch, in so many cases, is just "this thing you know, but on your iPhone now." But a few minutes after I downloaded the first developer beta of iPadOS 26 (I didn't want to risk it on my Mac or my iPhone, both of which are too important to my dail … Read the full story at The Verge.
Anthropic co-founder and President Daniela Amodei has publicly explained the rationale behind the company’s confidential IPO filing, telling the Bloomberg Tech conference that access to public capital markets is essential for companies competing at the AI frontier. She described the upfront cost of training and serving large models as enormous, and said public markets are […]
Some models run in Google's cloud, but without giving Google any kind of access.
Apple says its cloud processing is as private as on-device, despite expanding to run on Google’s servers. | Screenshot: Apple WWDC 2026 keynote As expected, yesterday's WWDC keynote was mostly about AI. And also as expected, Apple tried to turn its late arrival into its sales pitch: it didn't rush into AI because it was taking its time to do things right. In this case, "right" means "with more privacy than anyone else." It's a good pitch - the question will be how well it holds up. The new Apple Intelligence features and the updated Siri AI have been designed to work across iPhone, iPad, Mac, Apple Watch, and Vision Pro. There's a dedicated Siri AI app, with a ChatGPT-esque chatbot experience, new AI-powered camera and photo editing features, and the beginnings of an agentic exper … Read the full story at The Verge.