Latest posts
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White House AI Testing Shift Could Put Open Models Back in the Risk File
The White House is reportedly preparing to bring powerful open-weight AI models into its voluntary pre-release cybersecurity testing framework, a move that could narrow a gap that had started to matter for banks, payment firms and merchants choosing among artificial intelligence vendors. The reported change, detailed by WIRED, would mean open models could be included in the framework…
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FinTech Navi Targets $2 Billion Valuation in India IPO
FinTech startup Navi is preparing to launch its initial public offering in India and will seek a valuation of as much as $2 billion, Bloomberg reported Thursday (Aug. 13), citing unnamed sources. Navi aims to raise as much as 30 billion rupees (about $315 million) and file a prospectus by December, according to the report.…
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Bitwise Slashes 14% of Staff Amid Crypto Prices Downturn
Bitwise has reportedly cut 14% of its staff amid an ongoing downturn in cryptocurrency prices. The San Francisco digital assets company reduced its workforce from around 180 to roughly 155, Bloomberg News reported Tuesday (Aug. 12), citing an email from Bitwise. Even with these layoffs, Bitwise’s staffing levels are at their highest point to date, CEO Hunter Horsley told Bloomberg,…
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Cognition AI Eyes $40 Billion Valuation From New Funding
Cognition AI is reportedly planning a funding round that could more than double its valuation. The artificial intelligence (AI) coding startup is in discussion with investors about the round, which may lift its valuation to at least $40 billion, Bloomberg News reported late Tuesday (Aug. 11), citing sources familiar with the matter. This comes less than three months…
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Coinbase Enables Businesses to Get Paid by AI Agents
The Coinbase Business suite now allows businesses to get paid by artificial intelligence agents, Coinbase said in a Tuesday (Aug. 11) blog post. “The same checkouts you already use can now accept payments from AI agents via x402, an open standard for machine-to-machine payments,” the company said in the post. “Funds settle instantly in USDC,…
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Tech’s Big Push to Make AI Content Traceable
The internet’s response to AI slop has mostly worked backward. Platforms scan content after it is already uploaded, then try to guess whether a machine wrote it, an inherently probabilistic bet that it is losing ground as synthetic content gets cheaper to produce. Anthropic, Apple, Canon and Google are each building a different layer underneath…