Baidu posts Q1 2026 earnings beat as revenue hits 32.08 billion yuan

Payward, Kraken’s parent, grew Q1 2026 adjusted revenue 3% to $507m as derivatives jumped 51%, even while Bitcoin, market cap and spot volumes all saw steep double‑digit drops. Kraken parent Payward has posted Q1 2026 adjusted revenue of $507 million,…

Kraken revenue rose 3% year-on-year to $507m in Q1 2026 as futures trading jumped 51%, Payward said Monday. Payward, Kraken’s Wyoming-based parent company, said in a Monday press release that it generated $507 million in Q1 2026 adjusted revenue, up…

The pope’s encyclical will address ‘the protection of the human person in the age of AI’, the Vatican says In the first major text of his papacy, Pope Leo will address the rapid rise of artificial intelligence. The Chicago-born pontiff will present the document, known as an encyclical, at the Vatican next week during an event attended by Christopher Olah, the co-founder of Anthropic – a US-based AI firm that has clashed with Donald Trump’s administration. Continue reading...

The tech trial of the year, Musk v. Altman, was ultimately a fight for control. Elon Musk argued that Sam Altman, with whom he helped found the now-massive company OpenAI, shouldn't direct the future of AI. Altman's lawyers, in turn, poked at Musk's own credibility. A jury came to a verdict on Monday after just two hours of deliberation, dismissing Musk's claims due to the statute of limitations. In a strictly legal sense, three weeks of testimony added up to nothing. But the trial offered a more damning broader takeaway: Almost nobody in this saga seems worth trusting. Some of the most powerful people in tech seem temperamentally incapable … Read the full story at The Verge.

AI crypto trading bots surge in demand as traders struggle with volatility and unreliable automation tools. The global AI trading platform market surpassed $11 billion in 2024 and is on track toward $33 billion by 2030. Demand is surging —…

AEON's funding to develop AI-driven payment infrastructure could revolutionize commerce by enabling autonomous transactions without human input. The post AEON raises $8M led by YZi Labs to build AI settlement layer appeared first on Crypto Briefing.

arXiv’s new one-year ban for unchecked AI-generated content marks a turning point in the fight against hallucinated citations.

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. When Google opens its doors tomorrow for its annual developer conference, I/O, it will do so as a clear third place in the foundation model race. A year ago, at Google I/O…