Bitcoin
Block says gross profit in 2028 will approach $16 billion as company unveils 3-year outlook
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021. Handout | Via Reuters Block said Wednesday that it expects gross profit to increase in the mid-teens […]
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‘Palooza in Cryptoland:’ Bitwise predicts fresh ETF surge despite rough stretch for digital assets
ETF Edge ‘Palooza in Cryptoland:’ Bitwise predicts fresh ETF surge despite rough stretch for digital assets Published Wed, Nov 19 20257:00 AM EST Blair Bao WATCH LIVE Source
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Intuit to pay OpenAI over $100 million for model access, ChatGPT integrates with TurboTax
Michael Nagle | Bloomberg | Getty Images Tax software provider Intuit has agreed to pay OpenAI more than $100 million in a multiyear deal to use the artificial intelligence startup’s large language models to bolster its financial products. Intuit shares climbed 3% on Tuesday. By using OpenAI’s technology inside GenOS, its internal AI system, Intuit […]
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Intuit to pay OpenAI over $100 million a year for model access, ChatGPT integrates with TurboTax
Michael Nagle | Bloomberg | Getty Images Tax software provider Intuit has agreed to pay OpenAI more than $100 million a year to use the artificial intelligence startup’s large language models to bolster its financial products. Intuit shares climbed 2% premarket following the news. By using OpenAI’s technology inside GenOS, its internal AI system, Intuit […]
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Americans are heating their homes with bitcoin this winter
As winter’s chill settles in across the U.S., and electricity bills become a bigger budgeting issue, most Americans will rely on their usual sources of warmth, such as home heating oil, natural gas, and electric furnaces. But in a few cases, crypto is generating the heat, and if some of the nascent crypto heat industry’s […]
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Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race
Sopa Images | Lightrocket | Getty Images Nvidia has established itself as the undisputed leader in artificial intelligence chips, selling large quantities of silicon to most of the world’s biggest tech companies en route to a $4.5 trillion market cap. One of Nvidia’s key clients is Google, which has been loading up on the chipmaker’s […]
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Cathie Wood trims her bitcoin bull case on threat of stablecoins taking some market share
Ark Invest’s Cathie Wood has trimmed her most bullish forecast for bitcoin, acknowledging that the rapid rise of stablecoins is taking on a role she once thought bitcoin would fill. “Stablecoins are usurping part of the role that we thought bitcoin would play,” Wood, CEO and chief investment officer of Ark, said Thursday on CNBC’s ” […]
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Robinhood doubles revenue as it beats third-quarter earnings expectations
Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 61cents vs. 53 cents expected Revenue: $1.27 […]
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Why bitcoin miner CleanSpark beat Microsoft for Wyoming AI data center deal, and what it means for crypto mining’s future
CleanSpark, a Las Vegas based bitcoin miner, is moving into artificial intelligence, beginning to develop AI data centers alongside its crypto-mining business. The company’s CEO laid out details of the recently announced strategy on CNBC’s “Crypto World” this week, and why it’s likely to become core to the business models of more crypto mining companies. […]
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As Anthropic tries to keep pace with OpenAI, it’s also taking on the U.S. government
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025. Stefan Wermuth | Bloomberg | Getty Images Artificial intelligence startup Anthropic is doing all it can to keep pace with larger rival OpenAI, which is spending money at a historic pace with backing from Microsoft and Nvidia. Of late, […]
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