Bitcoin Blasts Through $40K Barrier, Ethereum Shines as Crypto Market Feels the Sunshine While the SEC has yet to make a formal decision, the winds seem to be blowing in Bitcoin's favor.
AI Regulation Stalled in EU Over Disagreements on Generative AI The disagreement over generative AI has prevented the Council from reaching a consensus on the AI Act.
Terraform Fails to Block Class Action Lawsuit in Singapore Court However, the court found that the terms of use were not sufficiently conspicuous and that Terraform had not taken reasonable steps to inform users of the arbitration clause.
Forkast Labs Restructures Editorial Division amid Merger with CryptoSlam This development marks the latest in a series of layoffs and closures that have plagued the crypto media industry in recent months.
Microsoft's Record-Breaking Investment to Drive AI Advancement in the UK The recent approval of Microsoft's restructured $69 billion acquisition of Activision Blizzard by the UK regulator has reinforced Microsoft's commitment to supporting the country's AI infrastructure.
Marvell's AI Chip Success Amid Declining Segments They reported a net revenue of $1.42 billion, surpassing analysts' $1.40 billion estimate. Excluding items, they posted a profit of 41 cents per share, slightly exceeding the anticipated 40 cents per share.
Kognitos Secures $20M Series A Funding to Pioneer Generative AI for Business Automation These endeavors aim to establish Kognitos as a trailblazer in Generative AI for business automation and augment the platform's widespread adoption.