Elon Musk issues a warning for 'AI neoclouds' as SpaceX borrows $40 billion for chips
SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers. Source:CoinDesk
Keystone says website breach exposed hardware wallet buyers’ addresses
A security researcher warned that the leaked shipping details could expose crypto holders to targeted scams and physical attacks. Source:Cointelegraph
Musk says SpaceX landed a $40 billion debt deal — and forecasts doom for some AI rivals
SpaceX is rapidly growing an AI business that rents out access to advanced chips. Source:MarketWatch
We stopped helping our neighbors with free home repairs and our friendship cooled. Who’s to blame?
“Last summer, they complained about needing to replace their roof. A few months later, they bought a new SUV.” Source:MarketWatch
Investors piled a record sum into a leveraged semiconductor ETF last week. Things didn’t work out.
Traders making bullish bets on chip stocks are getting walloped this month, as renewed fears emerged about investment returns on the buildout of artificial…
The U.S. stock market is fracturing into two camps, and it’s leaving investors with a brutal case of whiplash
The artificialintelligence trade is on the ropes. CNN’s “Fear & Greed” index is screaming fear, and the yield on the 10year Treasury note just clinched its…
Young Americans are giving up their cars. It’s a path to financial freedom, for some.
With vehicle prices soaring and ownership increasingly out of reach, some young adults are discovering that life without a car leaves them with breathing room…
Two big reasons Micron and other chip stocks are falling on Thursday
Investors are spooked by Tesla’s cut to its nearterm spending target and Lam Research’s weakerthanexpected forecast, Source:MarketWatch
SpaceX’s massive AI targets will test the limits of reality
As Elon Musk aims to increase SpaceX’s computing capacity exponentially, he’ll face challenges related to funding, power supply and simply securing sufficient…
Bybit will look for big broker partnerships to take on Robinhood in the U.S.
When it comes to the U.S., Bybit will look to work with with someone like Interactive Brokers (IB), for example, said CEO Ben Zhou. Source:CoinDesk
Malaysia central bank launches DLT platform for tokenized bonds
The platform tracks tokenized securities ownership and transfers, linking to Malaysia’s RENTAS+ system to settle corresponding payments in central bank money.…
Bitcoin hovers around $83,000 as AI earnings revive tech, ZEC jumps 11%
Strong results from SpaceX and Super Micro sent Asian chip stocks surging, and ZEC led crypto higher after developers set a date for its next network upgrade.…