Cointelegraph·
Dune co-founder and CEO Fredrik Haga says the company’s staff cuts come as it shifts focus and is “all-in” on AI and institutional interest in crypto.
Read full articleThe semiconductor sector's retreat highlights vulnerabilities in AI-driven market exuberance, impacting both traditional equities and crypto assets. The post Qualcomm drops 13% as chip stocks retreat from AI rally appeared first on Crypto Briefing.
Multiverse raises $70mn in its first fundraising since 2022
Consultancy tells senior staff their remuneration will comprise a greater proportion of equity
Goldman Sachs' AI integration could redefine operational efficiency, but regulatory challenges may impact its strategic leverage and investor confidence. The post Goldman Sachs scales operations with AI, reducing hiring needs appeared first on Crypto Briefing.
Leaders are focusing on how their business models will change. Plus: the top 30 innovative law firms ranked
Aishwarya Rai Bachchan is among Indian celebrities whose cases are shaping laws to curb AI-fuelled fake online content
The post India’s IT shares hit three-year low as OpenAI move revives AI fears appeared on BitcoinEthereumNews.com. India’s biggest technology stocks just had their worst stretch in years, and the catalyst was not an earnings miss or a regulatory crackdown. It was OpenAI announcing a new enterprise AI venture backed by more than $4 billion. The Nifty IT index dropped 3.7% on May 12, marking its third consecutive session of losses and dragging the benchmark to levels not seen since May 2023. Service-oriented heavyweights like TCS, Infosys, and Wipro bore the brunt of the sell-off, as investors rushed to reprice what AI-native competitors could mean for the traditional outsourcing model that has powered India’s tech economy for decades. What happened and why it matters The new venture, armed with billions in capital, is aimed squarely at enterprise customers. The same enterprise customers that currently pay Indian IT firms to build, maintain, and manage their technology stacks. The sell-o
The trade talks could reshape global tech supply chains, impacting sectors from AI to agriculture, and influence digital asset markets. The post Trump leads delegation of 17 executives to Beijing for trade talks appeared first on Crypto Briefing.
