Tag: AI

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CoreWeave shifts from Crypto mining to AI, gains billions in market value

A significant rise was observed in the shares of AI cloud firm CoreWeave (CRWV) on May 16, following the disclosure by chipmaker Nvidia of...

Polygon Co-Founder alerts public to deepfake scam impersonating him to target startups

A surge in sophisticated scams aimed at crypto executives through AI-generated deepfakes has been warned about by Polygon’s Sandeep Nailwal. A concerning increase in deepfake...

21Shares predicts Solana is poised to become a cornerstone of digital finance

Solana has been positioned as a frontrunner in the realms of DePIN and crypto-AI, with 66% of AI agent activity being attributed to its...

Microsoft and OpenAI revise terms of investment deal: Report

The investment agreement between artificial intelligence firm OpenAI and tech giant Microsoft, known to be the largest financial supporter of OpenAI, is reportedly being...

Core Scientific reports $580M q1 profit despite falling short on revenue estimates

Nasdaq-listed Bitcoin mining company Core Scientific Inc. reported a net profit of $580 million in its first quarter results; however, it missed revenue projections...

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US Appeals Court Reverses Yuga Labs’ $9M Victory Over Ryder Ripps

The US Ninth Circuit Court of Appeals reversed Yuga...

Ethereum, XRP Drop in Uncatalyzed Market Correction

The crypto market experienced a sell-off on Wednesday, as...

Crypto Rally Pauses: Is a Correction Nigh for XRP, Solana, and Altcoins, or Just Market Noise?

The altcoin rally is cooling as Bitcoin trades sideways,...

Trump Trade Shocks Send Crypto Markets Sliding

Cryptocurrency prices experienced a decline amidst rising global trade...

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