CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity — The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.
Huawei's AI lab refutes accusations that its Pangu Pro MoE model source code used uncredited material from rivals, after a GitHub group accused it of copying — The Pangu Pro MoE is the world's first model of its kind to be trained on Ascend chips — Huawei's answer to Nvidia Corp.'s AI accelerators …
Experts say ransomware group DragonForce, which targeted M&S, Harrods, and the Co-op, started a turf war with rival RansomHub, potentially bringing more hacks — A clash between rival criminal ransomware groups could result in corporate victims being extorted twice, cyber experts warn
Adalytics finds 9,000+ pirated movies, including summer blockbusters, TV shows, and live sports on YouTube, amassing a collective 250M+ views from July to May — More than a decade after the platform cracked down on copyright infringement, thousands of unlicensed movies, TV shows and live sports are available.
Velvet Sundown, an AI‑created band with ~850,000 monthly Spotify listeners and two recent albums, shows how some listeners are turning to anodyne AI music — “ Rubber burns, the map fades away / Chasing the ghosts of yesterday.” Sure, fine. — The traffic receded as Chicago withdrew …
DefiLlama: monthly DeFi fees have risen to $577M from an April low of $366M, with major protocols generating $275M through automated market-making services — - Major protocols like PancakeSwap have emerged as fee-generating leaders, accumulating $275 million in fees through …
A profile of Steam developer Valve, which has a flat corporate structure and high profit per head; Ampere: Steam hit 170M MAUs in May, versus 153M a year prior — Peering inside one of the tech world's strangest companies — Here at FT Alphaville we love exploring “black hole” companies …
House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act — US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they've dubbed “Crypto Week.”
A look at Meta's recent hires for its nascent superintelligence unit, including Pei Sun, who developed two generations of Waymo's perception models — Meta's new hires offer a glimpse into its nascent superintelligence unit, aimed at making the social media company's AI capabilities more competitive with industry leaders.
Over the past year, long-time Bitcoin whales have been selling off their holdings, leading to a reshaping of the market as institutions increase their buying — A silent transfer of control is reshaping the $2.1 trillion Bitcoin market. — A steady stream of sales by long-time whales …
Two dormant Bitcoin wallets, each holding 10,000 “Satoshi era” BTC since 2011, transferred the coins to new wallets using a modern, lower-fee address format — All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” …
Sources: the US plans to restrict shipments of AI chips to Malaysia and Thailand, as part of an effort to crack down on suspected chip smuggling into China — President Donald Trump's administration plans to restrict shipments of AI chips from the likes of Nvidia Corp. to Malaysia and Thailand …
Sources: Google plans to propose a price comparison box at the top of search results in EU, featuring ranked options from competitors, to avoid DMA fines — Under the plan, a box at the top of Google's search results will show ranked options from price-comparison companies' websites …
The EU says it has no plans to pause the implementation of the AI Act, after Meta, Google, Mistral, ASML, and others urged it to delay the rules by years — The European Union's landmark rules on artificial intelligence will be implemented according to the timeline agreed by legislators and EU countries …
Sources: TSMC delays construction of its second plant in Japan, originally planned for early 2025, to invest in US expansion ahead of potential Trump tariffs — Taiwanese semiconductor maker accelerates investment in Arizona — TOKYO—Taiwan Semiconductor Manufacturing is delaying construction …
Jagmeet Singh / TechCrunch : PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which...
