Google has launched an open-source payments protocol for AI applications, covering cards and stablecoins. Coinbase, the Ethereum Foundation, American Express, Salesforce, and over 60 firms contributed to the project. The initiative builds on Google’s Agent2Agent system, extending it to financial transactions. Google has announced the launch of a new open-sourceContinue Reading
Charles Hoskinson, the founder of Cardano, has slammed the US healthcare system, describing it as “fucked” and alleging it functions primarily to make profits at the expense of patient outcomes. Hoskinson is working to create an alternative system, plowing US$200 million (AU$303m) of his own money into a healthcare centreContinue Reading
Numerai secures US$500M (AU$765M) commitment from JPMorgan, doubling current AUM. Crowdsourced AI models staked with Numeraire tokens guide trading and investment strategies. JPMorgan’s involvement strengthens institutional legitimacy for crypto-integrated hedge fund operations. Crowdsourced hedge fund Numerai has secured a pledge worth US$500 million (AU$765 million) from JPMorgan Asset Management, moreContinue Reading
Chamath Palihapitiya has returned to the SPAC market with a new $250 million vehicle, American Exceptionalism Acquisition Corp A (AEXA), which will focus on companies in the AI and decentralised finance (DeFi) sectors. The SEC filing for the new SPAC states that while Palihapitiya has been a long-time proponent ofContinue Reading
MARA Holdings is in advanced talks to purchase a 64% stake in France’s Exaion for US$168 million in cash. The acquisition marks a strategic pivot for MARA toward AI inference operations, a move that differentiates it from other Bitcoin miners focusing on hyperscale data-center services. MARA aims to leverage bothContinue Reading
