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In: AI, Cryptocurrency

WEF president Børge Brende cautioned that surging investments in synthetic intelligence and cryptocurrencies might create speculative bubbles regardless of driving international financial development. The world faces “geopolitical dysfunction”, but main economies like India, China and the USA show resilience partly because of technological innovation investments. Stablecoins and crypto-ETFs are gettingContinue Reading

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In: AI, Google, Payments

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

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In: AI, Charles Hoskinson, United States

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

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In: AI, JPMorgan

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