Wells Fargo more than doubles Micron price target to $1,220, citing AI memory boom

Nvidia's massive AI investment could reshape energy markets and real estate, while posing both opportunities and risks for investors. The post Nvidia and OpenAI deepen partnership as chipmaker bets up to $100 billion on AI infrastructure appeared first on Crypto Briefing.

The incident highlights the intensifying US-China tech rivalry, emphasizing the need for vigilance against foreign influence in AI discourse. The post OpenAI links ChatGPT accounts tied to China to efforts undermining US AI competitiveness appeared first on Crypto Briefing.

The collaboration could reshape AI infrastructure and market dynamics, impacting global chip supply and driving innovation in consumer tech. The post OpenAI’s Sam Altman to meet Samsung Electronics for AI adoption talks appeared first on Crypto Briefing.

While AI is proliferating across the workplace, it is introducing a new productivity paradox: While the technology makes work feel faster, it actually pushes more burden onto employees to provide context, perform quality checks, then rinse and repeat across numerous disparate tools. This, according to a new survey of 6,000 full-time digital workers by Glean’s Work AI Institute, results in two emerging behaviors: “botsitting,” all the unrecognized work that goes into making AI actually usable; and “botshitting,” shipping AI-generated work that is unverified, not that well understood, or perhaps not even trustworthy. The survey report was co-authored by experts from Work AI Institute, Emory University, Stanford University, UC Berkeley, UC Santa Barbara, UNC Charlotte, University College London, and University of Notre Dame. “It’s definitely in many ways a vicious cycle that feeds itself,” said Rebecca Hinds, head of Glean’s research center the Work AI Institute, a research collaborative

Amazon has secured a $17.5 billion delayed draw term loan facility from Citibank and other banks. The company disclosed the senior unsecured agreement in a June 10 filing with the Securities and Exchange Commission. The financing gives Amazon extra borrowing…

The investigation could reshape banking practices, potentially enhancing financial access for politically sensitive sectors like crypto. The post US Justice Department subpoenas JPMorgan, Bank of America, and Wells Fargo over alleged debanking appeared first on Crypto Briefing.

The intensified semiconductor selloff highlights the volatility of tech markets and the risks of overreliance on AI-driven growth expectations. The post Micron, Intel drag tech sector into bearish phase as semiconductor selloff intensifies appeared first on Crypto Briefing.

Visa has introduced new AI, stablecoin, and token capabilities at Visa Payments Forum 2026. The company said the tools will help clients support faster and more automated commerce. The updates cover agentic payments, token assurance, stablecoin settlement, and tokenized deposits.…