Coinbase Unveils AI-Powered Finance and Tokenized Stocks Plans

An IT executive changing jobs usually attracts little attention outside a narrow group of people, but Noam Shazeer’s move from Google to OpenAI is as momentous as any high-value soccer transfer. He announced the news in a post on X: “I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there.” Shazeer initially achieved fame as one of the eight co-authors of the influential AI paper Attention Is All You Need, published when he was working at Google Brain. He is also one of the creators of the transformer technology that lies at the heart of modern AI models. He left Google when the company failed to back his chatbot Meena and was tempted back when Google subsequently bought the company he founded, Character.AI, for $2.7 billion. That company achieved notoriety when it was sued by a grieving mother, who alleged that a Character.AI chatbot had contributed to her son’s death by suicide. The company subsequently settling out of court. Shaze

The world's largest derivatives exchange operator said Wednesday it will sue the CFTC over the agency's approval of Kalshi's bitcoin perpetual futures, arguing the contracts should be classified as swaps under the Dodd-Frank Act.

An IT executive changing jobs usually attracts little attention outside a narrow group of people, but Noam Shazeer’s move from Google to OpenAI is as momentous as any high-value soccer transfer. He announced the news in a post on X: “I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there.” Shazeer initially achieved fame as one of the eight co-authors of the influential AI paper Attention Is All You Need, published when he was working at Google Brain. He is also one of the creators of the transformer technology that lies at the heart of modern AI models. He left Google when the company failed to back his chatbot Meena and was tempted back when Google subsequently bought the company he founded, Character.AI, for $2.7 billion. That company achieved notoriety when it was sued by a grieving mother, who alleged that a Character.AI chatbot had contributed to her son’s death by suicide. The company subsequently settling out of court. Shaze

Meta's deal with Crusoe Energy highlights the growing demand for specialized energy solutions in AI, underscoring a shift from traditional utilities. The post Meta signs 1.6 gigawatt AI compute deals with Crusoe Energy across Texas and Missouri appeared first on Crypto Briefing.

Base will activate its Beryl upgrade on June 25, introducing native B20 tokens, faster Ethereum withdrawals, and Reth V2 performance improvements. The post Base unveils Beryl upgrade with native B20 token standard appeared first on Crypto Briefing.

Base launches Beryl upgrade on testnet, introducing B20 tokens, faster withdrawals, and improved scalability before June 25 mainnet rollout. Base, the Ethereum Layer 2 network backed by Coinbase, has launched its Beryl upgrade on the Sepolia testnet. At the same time, the mainnet activation will be on June 25. This upgrade brings key improvements in […] The post Coinbase-Backed Base Drops Major Beryl Upgrade Ahead of June 25 Launch appeared first on Live Bitcoin News.

Insider Brief PRESS RELEASE — Turnout, an AI-powered consumer advocacy service that reimagines how Americans navigate complex government and financial bureaucracies, has announced a $35 million Series A, bringing the total company valuation to $400 million. The round was led by HighPost Capital, with participation from Shine Capital, LGVP, Mangusta Capital, Honeystone Ventures, and investor Omri Casspi. […]

OpenLabs could revolutionize research funding by streamlining project development and democratizing financial support through community governance. The post BioProtocol unveils OpenLabs platform at DeSci Berlin to merge AI with decentralized research funding appeared first on Crypto Briefing.