Corporate profit forecasts are topping expectations to an unusual degree. AI is a big reason why.
The informationtechnology sector stands out when it comes to issuing upbeat earnings outlooks. Source：MarketWatch
Crypto's Clarity Act is a Schrödinger's cat in life-death limbo as U.S. Senate returns
The crypto industry eagerly awaits a September 15 vote, though it might not happen. Or maybe it will. Or it might get delayed or reappear in some other form.…
Anthropic chief urges slowdown in AI development to safer pace
OpenAI CEO Sam Altman agrees with safety concerns regarding AI development, says no initial share sale this year. Source：Cointelegraph
Revolut says customer data exposed through fake government email
Passports, selfies and financial transaction histories of some customers were revealed to a fraudster using a government agency domain. Source：Cointelegraph
Why OpenAI’s Sam Altman says an IPO isn’t in the cards this year
Concerns about AI safety have ramped up, and OpenAI’s CEO says now would be an ‘illadvised’ time for the ChatGPT creator to go public Source：MarketWatch
OpenAI IPO won't happen this year, says Sam Altman
"Given everything happening with safety, right now would be an illadvised moment to go public," OpenAI CEO Sam Altman told Fortune. Source：CoinDesk
Bitcoin Suisse plans to cut up to half its Swiss jobs as it shifts work abroad
The company is closing its Copenhagen IT site while maintaining Bratislava and opening a new hub in Vietnam to reduce costs. Source：CoinDesk
Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours
The combined haul equals the largest individual political donations in U.K. history, sharply scaling up crypto industry backing. Source：CoinDesk
Anthropic CEO calls for AI race to slow down. Musk and OpenAI's Altman agrees
Anthropic’s Dario Amodei, OpenAI’s Sam Altman and Elon Musk have agreed on an unusual position: frontier AI development may need to slow as systems become…
Elon Musk backs Anthropic’s call to slow down AI progress before rogue bots take over the entire internet
Leaders of major AI companies say they agree with Anthropic CEO Dario Amodei, who just called for the tech industry to move more slowly with model development.…
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack…
Ditching bonds for bitcoin: How crypto can tackle the AI-heavy portfolio dilemma
Bitcoin Suisse says rising AI investment, government debt and weakening stockbond diversification strengthen the case for adding bitcoin to traditional…