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Jane Fraser Says Citigroup Exploring Launch Of Citi Stablecoin — CEO Says Dollar Pegged Cryptos ‘Next Evolution’ Of Payments
Citigroup Inc. CEO Jane Fraser revealed the company’s intention to issue a stablecoin Tuesday, July 15, as part of the banking giant’s broader dive into digitization. read more
Niall Ferguson Compares ChatGPT-Like AI Tools To ‘Very Dangerous Drugs,’ Economist And Historian Warns Current Generation Is Already Damaged
Historian Niall Ferguson warns against unlimited access to AI tools for those under 25, calling it a disaster for brain development. read more
Elon Musk’s Tesla Could Face Stricter Oversight As Trump’s NHTSA Pick Targets Autonomous Driving: ‘Cannot Sit Back’
Morrison will testify for more oversight on autonomous vehicles to US Senate, which could pose challenges for EV makers like Tesla. read more
Mark Zuckerberg’s Meta Poaches Top OpenAI Researchers Jason Wei And Hyung Won Chung For Its Superintelligence Lab: Report
Meta has reportedly poached two top OpenAI researchers, Jason Wei and Hyung Won Chung, for its new superintelligence lab, escalating the fierce AI talent war between leading tech giants. read more
Tom Lee Says Ethereum Set For Breakout As Stablecoins Become ‘ChatGPT Moment’ For Wall Street And Crypto
Fundstrat Global Advisors co-founder Tom Lee said on Tuesday that Ethereum is positioned for a significant breakout. read more
Data Storage Corp Stock Skyrockets 46% After Hours Amid CloudFirst Deal Buzz
After the Data Storage Corp (NASDAQ: DTST) announced plans to sell its subsidiary, CloudFirst, stock experienced a surge of 46.45% in after-hours trading on Tuesday. read more
Nvidia Says ‘Washington Gets It’ After Trump’s AI Czar David Sacks Says US Has To ‘Outcompete’ Global Rivals
Nvidia backed Washington’s AI push on Tuesday, echoing Trump advisor David Sacks’ call to make American technology the global standard, as AI chip stocks rallied on signs of renewed U.S. investment and eased export restrictions. read more
Economists On June CPI Numbers: ‘The Absence Of Bad News Is Good News’ — But Fed ‘Unlikely To Sway’ On Interest Rates
Leading economists react to June’s Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and growing tariff-related pressures. read more
Nvidia $1,499 Gaming GPU From 2020 Nails Ming Dynasty Vase Price Within 30% of Final Sale: Here’s How
Researchers used deep learning on centuries of kiln styles and auction data to accurately predict Chinese ceramics’ prices, using only a gaming card. read more