Sunday, March 2, 2025

President Trump names XRP, Solana, and Cardano as three assets to be included in a strategic US crypto reserve, but does not mention Bitcoin or Ethereum (Nikhilesh De/CoinDesk)

Nikhilesh De / CoinDesk:
President Trump names XRP, Solana, and Cardano as three assets to be included in a strategic US crypto reserve, but does not mention Bitcoin or Ethereum  —  U.S. President Donald Trump named XRP, Solana (SOL) and Cardano (ADA) as three assets to be included in a U.S. strategic crypto reserve on Sunday …



Some parents are teaching their children how to use AI chatbots so they are prepared to deploy the tools responsibly as personal assistants when they are older (Aaron Mok/The Guardian)

Aaron Mok / The Guardian:
Some parents are teaching their children how to use AI chatbots so they are prepared to deploy the tools responsibly as personal assistants when they are older  —  As AI grows increasingly prevalent, some are showing their children tools from ChatGPT to Dall-E to learn and bond



How tech companies moving to or investing in Texas, attracted by lower taxes and fewer regulations on land use and labor, are transforming the state's economy (Harriet Torry/Wall Street Journal)

Harriet Torry / Wall Street Journal:
How tech companies moving to or investing in Texas, attracted by lower taxes and fewer regulations on land use and labor, are transforming the state's economy  —  Apple is latest to remake state's economy, but some headwinds loom  —  Texas notched another technology win this week when Apple …



Saturday, March 1, 2025

Sources: China is instructing its top AI leaders to avoid visiting the US over fears they could be detained as bargaining chips or divulge confidential info (Yoko Kubota/Wall Street Journal)

Yoko Kubota / Wall Street Journal:
Sources: China is instructing its top AI leaders to avoid visiting the US over fears they could be detained as bargaining chips or divulge confidential info  —  Beijing increasingly views cutting-edge technology through national-security lens, putting executives on tighter leash



DeepSeek says its V3 and R1 models' cost of inferencing relative to sales during a 24-hour-period on February 28 put "theoretical" profit margins at 545% (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg:
DeepSeek says its V3 and R1 models' cost of inferencing relative to sales during a 24-hour-period on February 28 put “theoretical” profit margins at 545%  —  Chinese artificial intelligence phenomenon DeepSeek revealed some financial numbers on Saturday, saying its “theoretical” …



Despite breakthroughs from Amazon and Microsoft, quantum computing is far from its silicon moment, with no consensus on the best way to build practical qubits (Richard Waters/Financial Times)

Richard Waters / Financial Times:
Despite breakthroughs from Amazon and Microsoft, quantum computing is far from its silicon moment, with no consensus on the best way to build practical qubits  —  Despite breakthroughs from Amazon and Microsoft, the industry is still a long way from building practical machines



Sources: Larry Ellison's Sensei Ag, a venture backed by his $500M investment to change farming with AI, robotics, and software, has mostly been a bust so far (Tom Dotan/Wall Street Journal)

Tom Dotan / Wall Street Journal:
Sources: Larry Ellison's Sensei Ag, a venture backed by his $500M investment to change farming with AI, robotics, and software, has mostly been a bust so far  —  His Sensei Ag company hasn't succeeded in boosting output and nutrition in its greenhouses with AI, robotics and software



Friday, February 28, 2025

Reports of Meta launching standalone Meta AI and Reels apps aren't surprising, as the company has a history of repeatedly bundling and unbundling its products (M.G. Siegler/Spyglass)

M.G. Siegler / Spyglass:
Reports of Meta launching standalone Meta AI and Reels apps aren't surprising, as the company has a history of repeatedly bundling and unbundling its products  —  “There are only two ways to make money in business: One is to bundle; the other is unbundle.”  While Jim Barksdale's famous quote …



Thailand says TikTok plans to spend $8.8B to build AI data centers across the country over the next five years, more than doubling its earlier target (Pathom Sangwongwanich/Bloomberg)

Pathom Sangwongwanich / Bloomberg:
Thailand says TikTok plans to spend $8.8B to build AI data centers across the country over the next five years, more than doubling its earlier target  —  - Social media platform to invest in data-hosting infrastructure  — Company recently won approval for $3.8 billion outlay



Consensys founder Joseph Lubin says the SEC has agreed "in principle" to end its securities enforcement case against Consensys' MetaMask, filed in June 2024 (Cheyenne Ligon/CoinDesk)

Cheyenne Ligon / CoinDesk:
Consensys founder Joseph Lubin says the SEC has agreed “in principle” to end its securities enforcement case against Consensys' MetaMask, filed in June 2024  —  The U.S. Securities and Exchange Commission (SEC) is dropping yet another case against an American crypto company …



How the NYC subway used Google's experimental, AI-based TrackInspect tool to identify 92% of defect locations on subway tracks later found by human inspectors (Aarian Marshall/Wired)

Aarian Marshall / Wired:
How the NYC subway used Google's experimental, AI-based TrackInspect tool to identify 92% of defect locations on subway tracks later found by human inspectors  —  New York City's transit authority is one of a few US systems experimenting with using sensors and AI to improve track inspections.



Thursday, February 27, 2025

Microsoft calls on Trump to ease US export rules on data center chips for allies including India, Switzerland, and Israel, classed in the second of three tiers (Wall Street Journal)

Wall Street Journal:
Microsoft calls on Trump to ease US export rules on data center chips for allies including India, Switzerland, and Israel, classed in the second of three tiers  —  Request highlights the president's challenging task of trying to boost U.S. businesses and limit China's advances in artificial intelligence



Polish startup Nomagic, which makes robotic arms for logistics operations, raised a $44M Series B led by the EBRD, taking its total funding to ~$74M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Polish startup Nomagic, which makes robotic arms for logistics operations, raised a $44M Series B led by the EBRD, taking its total funding to ~$74M  —  Regions like the U.S. and Europe have been doubling down on rebuilding their industrial muscle after decades of closing down factories and outsourcing the work to countries like China.



Sources: no major players behind online scam centers in Myanmar were taken down in the recent China-led raids, and the construction of new centers continues (Hannah Beech/New York Times)

Hannah Beech / New York Times:
Sources: no major players behind online scam centers in Myanmar were taken down in the recent China-led raids, and the construction of new centers continues  —  A China-led crackdown on online fraud rescued thousands from Myanmar this month.  But this massive business of grift keeps growing.



Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sector in 2025 amid concerns over AI threat (Financial Times)

Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...