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10/16
01:46
Anduril CEO Brian Schimpf addressed ethics questions over co-founder Palmer Luckey's close ties to the Trump administration, stating the company has "done incredibly well under President Joe Biden" and won contracts "on the merits." The defense tech giant recently secured government contracts worth up to $2.9 billion and $20 billion, with the company's valuation reaching $90 billion this week.
01:46
Google DeepMind's first internal audit of AI-driven research, detailed in the safety report for its Gemini 4 Argon model, found no measurable speedup in AI progress. This conclusion comes despite AI writing over 75% of the code shipped by DeepMind engineers. The finding counters concerns from some AI executives, including Anthropic CEO Dario Amodei, about "recursive self-improvement" leading to uncontrolled AI advancement. DeepMind researcher Haydn Belfield stated on X that there is "no significant end-to-end acceleration of ML R&D," and that Gemini 4 Argon's performance gains are attributed to increased compute and organizational investment, not AI-driven acceleration.
01:42
Musk retweeted Sawyer Merritt's post, stating that according to the latest data from the National Highway Traffic Safety Administration (NHTSA), Tesla's Cybercab Robotaxis had no collisions or accidents during their first two weeks of public rides.
01:41
Chilean pension funds suffered billions of dollars in losses from outsized bets on US interest rates, an outcome that occurred more than a year after desperate appeals to regulators to halt the reckless behavior were reportedly ignored. The warnings urged intervention to stop the funds' aggressive positioning.
01:38
Bitcoin registered an intraday low of $79,730 before recovering to around $82,000. This selloff was intensified by surging US wholesale inflation, which triggered nearly $940 million in liquidations across the cryptocurrency market. Stronger-than-expected inflation data raised concerns about another interest rate hike by the Federal Reserve, leading to extended losses. According to CoinGlass, 176,506 traders were liquidated.
01:36
Chainalysis reported that a task scammer lost over 60 BTC, worth approximately $4.8 million, in a recent theft involving Ledger wallets. The funds originated from a task scam where victims were paid to generate fake sales and reviews, then instructed to deposit their own money after a negative balance appeared to receive payment. The scammer had transferred the proceeds to three separate Ledger addresses on September 22. On October 9, thieves drained all three addresses, sending the funds to a wallet flagged as associated with stolen funds.
01:34
The company, which is FCA authorised and regulated to provide wealth management services, had previously agreed to a voluntary requirement with the FCA on September 16, 2022, restricting its activities without FCA consent.
01:32
IPX Exchange, an intellectual property agency operating system and tokenization trading platform built on Base, has completed a $4 million seed funding round at a $125 million valuation. The round was led by Bitsurge Holdings and YICIPX Holdings Family Office. IPX aims to help creators tokenize, promote, monetize, and distribute intellectual property through its platform, with plans to launch IPXOS, IPX Exchange, and the $IPX token on November 15, 2026.
01:29
A company co-founded by former Trump crypto advisor Bo Hines benefited after the GENIUS Stablecoin Act passed, according to The Wall Street Journal.
01:29
The International Energy Agency (IEA) has confirmed the release of approximately 330 million barrels of emergency oil reserves. This is part of an agreement reached in March, when member countries agreed to release 400 million barrels of oil to address supply disruptions caused by the war in Ukraine. The IEA Governing Board stated that it has agreed to accelerate the release of the remaining 100 million barrels of reserves, including over 20 million barrels of diesel, and has developed a plan to expedite the release. The Board noted that the total volume of reserves released has exceeded the initially committed 400 million barrels, as some member countries released more than originally pledged. Earlier this month, IEA Executive Director Fatih Birol stated that approximately 325 million barrels had already been released under the agreement.
01:28
The Israeli military stated that its forces killed two Palestinians yesterday in the southern Gaza city of Khan Younis, claiming, without providing evidence, that the two were suspected of "smuggling weapons and other military equipment into Gaza." The Palestinian news agency WAFA reported on Wednesday that the two men, identified as Basel Nabil Abd al-Rahman Kashta and Ahmad Raja al-Shaer, died in an airstrike targeting a vehicle, and another Palestinian woman was injured.
01:17
Yemen's Houthi rebels attacked the vicinity of the Ma'ashiq Presidential Palace in the port city of Aden with multiple missiles on Thursday. The Yemeni government stated that the Prime Minister and other officials were safe, but two bodyguards were killed. An Al Jazeera correspondent said this was the first time the Houthis had attacked the headquarters of the internationally recognized government, signaling an escalation of the conflict between the two sides and potentially triggering a full-scale civil war. The Saudi-led coalition accused the Houthis of obtaining missile components from regional countries and stated that the Houthis had launched at least 20 attacks on Saudi airports, oil facilities, and ports in the past 11 days, resulting in 17 deaths and over 300 injuries.
01:16
Russia has banned withdrawals from regulated crypto accounts to self-custody wallets. Additionally, a separate restriction on direct peer-to-peer cryptocurrency transactions will take effect on July 1, 2027, at which point residents will be required to use authorized intermediaries for such transactions.
01:06
Harvard University's endowment fund surged to a record $68 billion, achieving an annual return of 27%. Successful bets on stocks and venture capital, including a stake in SpaceX, helped the fund achieve its 27% annual return, boosting its size to a record $68 billion.
01:04
Iran’s Deputy Legal Affairs Minister Kazem Gharibabadi stated at the CICA summit in Baku, Azerbaijan, that “sustainable security” in Asia is achieved through “mutual respect, trust-building and equal cooperation among independent states,” not “threats and pressure.” He warned that if the international community does not stop America and Israel, their aggression will spread, identifying the Israeli regime as the primary source of insecurity and instability in Asia, particularly West Asia, and thus advocating for its expulsion from the CICA mechanism.
01:04
D.A. Davidson analysts Gil Luria and Turner Dischinger stated that Anthropic's slowing revenue growth should not be interpreted as a broader slowdown in AI demand. They noted that this is primarily due to increased competition from OpenAI and open-source AI models, leading to diversified enterprise AI spending. The analysts emphasized that overall AI investment remains on a strong upward trajectory, continuously supporting demand for computing power and data center construction.
01:02
NVIDIA and Adobe announced an expanded partnership aimed at accelerating agentic creation. Later this year, Adobe's Brand Concierge product will integrate NVIDIA Nemotron technology and be rolled out to enterprise customers.
00:59
The credit default swap (CDS) spread for AI infrastructure provider CoreWeave surged to 1088 basis points on Thursday, up 33% from a week ago and 177% from a year ago, reaching levels typically associated with credit distress. Its 9.75% bonds due in 2031 saw their yield rise to 15.78%. Investor concerns about AI infrastructure companies' overspending and debt levels intensified, leading to CoreWeave's stock continuing to fall on Thursday after a 15.5% plunge on Wednesday. CoreWeave CEO Mike Intrator dismissed the market volatility, stating that the market "misunderstood and acted irrationally," and affirmed that the company has a backlog of over $100 billion, sufficient to support all its debt. Analysts warn that these concerns could become a self-fulfilling prophecy and potentially trigger broader issues for other AI-related companies, such as Oracle, whose five-year CDS spread also surged over 12% this week.
00:58
Despite challenges including $100 oil prices and FAA delays, analysts covering Boeing Co. maintain a bullish stance on the company. The jetmaker's shares saw a strong start to 2026, jumping 16% in the first three weeks of the year, though that initial optimism quickly faded.

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