Goldman Sachs says US labor market is healthier now than when ChatGPT launched

JPMorgan's AI focus may reshape finance, pressuring rivals to adapt or risk obsolescence, while potentially increasing market volatility. The post JPMorgan to hire more AI specialists, fewer bankers as Dimon bets big on automation appeared first on Crypto Briefing.

The shutdown is the latest in a wave of crypto and tech cutbacks driven by weaker demand, tighter funding, and AI pivots.

Telecoms company CEO says tech firms are buying up memory chips to power datacentres relied on by AI Business live – latest updates BT has said that the cost of smartphones could rise as technology companies buy up semiconductor chips due to the boom in artificial intelligence (AI), putting pressure on supply chains. The telecoms company’s chief executive, Allison Kirkby, said she was anticipating shortages as tech firms bought large quantities of memory chips to power the datacentres relied on by AI. Continue reading...

The Path says its AI model has scored 95 on the mental health safety AI benchmark, Vera-MH. This compares to a top score of 65 for the consumer bots.

Baird's bold Nvidia target suggests sustained AI demand could reshape tech investment strategies, impacting both traditional and crypto markets. The post Baird raises Nvidia price target to $500 following Q1 earnings appeared first on Crypto Briefing.

Recycling startups are using AI to improve the recovery of critical minerals like aluminum, aiming to build a massive source of the metal.

Earlier this month, SpaceX and Anthropic announced a new compute partnership that provides access to the rocket company's Colossus data centers in Memphis, TN. Now, with the release of SpaceX's IPO filing, we have more details about that deal, including how much Anthropic is paying to Elon Musk's company. In its S-1 filing, SpaceX said that Anthropic agreed to pay $1.25 billion per month through May 2029 for access to SpaceX's AI training centers at Colossus I and Colossus II. That's $15 billion annually, or nearly double the $18.7 billion in revenue that SpaceX reported in all of 2025. The agreement includes a clause in which either com … Read the full story at The Verge.

Anthropic's stance on ethical AI use could redefine government-vendor dynamics, impacting AI policy and market perceptions of AI safety. The post Anthropic says other companies willing to collaborate amid Pentagon pressure appeared first on Crypto Briefing.