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News
AI giants hit the brakes as frontier models trigger new safety fears
8+ hour, 50+ min ago (637+ words) Some of the biggest names in artificial intelligence are calling for the industry to slow the development of its most powerful models, marking a striking change in tone after years of relentless competition to push AI capabilities higher. Anthropic chief…...
HIVE Digital appoints AI infrastructure veteran as BUZZ revenue chief, surpasses $1M daily revenue
3+ day, 14+ hour ago (316+ words) Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to discuss a major leadership appointment and a significant operational milestone as the company continues to expand its artificial intelligence and high-performance computing business. HIVE announced that its…...
Fineqia's Matteo Greco: Investors 'stopped waiting' as crypto ETPs jump 27% in August | CSE:FNQ
3+ day, 20+ hour ago (197+ words) Greco said crypto ETP assets under management jumped 27% in August, outperforming the wider crypto market's 21% rise, driven by both rising prices and renewed inflows, with particularly strong US demand late in the month. "The main change was that with this…...
Fineqia's Matteo Greco: Investors 'stopped waiting' as crypto ETPs jump 27% in August
3+ day, 20+ hour ago (197+ words) Greco said crypto ETP assets under management jumped 27% in August, outperforming the wider crypto market's 21% rise, driven by both rising prices and renewed inflows, with particularly strong US demand late in the month. "The main change was that with this…...
HIVE Digital Technologies adds senior VP of revenue as daily revenue tops $1M | TSX:HIVE, NASDAQ:HIVE, BVC:HIVECO
3+ day, 21+ hour ago (271+ words) HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) has appointed Mark Volk as senior vice president, revenue at its subsidiary BUZZ High Performance Computing, as the company said combined revenue from hashrate services and GPU cloud services…...
Anthropic IPO odds still favour October despite roadshow slippage, Polymarket data shows
5+ day, 23+ hour ago (318+ words) Polymarket traders are still pricing October as the most likely month for Anthropic's stock market listing, even after reports that the roadshow has slipped later than first expected. Working from the platform's cumulative contracts, the implied probability of a listing…...
Tech Bytes: Anthropic IPO could target US$2 trillion valuation as October launch takes shape
1+ week, 9+ hour ago (470+ words) Anthropic is moving closer to what could become one of the largest initial public offerings in history, with the Claude developer reportedly preparing to begin marketing its IPO from mid-October and investors discussing a valuation of around US$2 trillion. The…...
Snowflake's blowout earnings and AI product growth supercharge its valuation | NYSE:SNOW
1+ week, 4+ day ago (292+ words) Snowflake Inc (NYSE:SNOW), the American cloud data analytics company, saw its shares jump 23% in after-hours trading on Wednesday after it posted results that beat Wall Street expectations. The company reported adjusted earnings per share of 62 cents, well ahead of…...
Market movers: GoPro, Apple, Hims & Hers, Rezolve AI...
1+ week, 5+ day ago (378+ words) Dell Technologies Inc (NASDAQ:DELL) shares jumped 10% in after-hours trading Wednesday after the company posted second-quarter results that blew past Wall Street estimates and raised its full-year outlook, fueled by surging demand for AI-optimized servers. The company reported fiscal second-quarter…...
UBS says a new 'physical AI' era favours the makers of robot parts, not the robots themselves
1+ week, 5+ day ago (305+ words) Robots are learning to handle the physical world in a fundamentally new way, and investors should look at the companies supplying their parts, according to a note from UBS, the Swiss bank. The note, from the bank's wealth management chief…...