July 11 IO unlock of 15.96M tokens meets new IDE burns and $650k monthly earnings from an $8M contract. What this mix could mean for supply, liquidity and traders.
The post Singapore investment giant Temasek to shun crypto in pivot to AI appeared on BitcoinEthereumNews.com.
Singapore’s state-owned investment firm, Temasek Holdings, said it will prioritize AI investments over crypto due to regulatory uncertainty and the lingering impact of a $275 million write-off from the collapse of crypto exchange FTX in 2022. The firm, with an investment portfolio valued around 518 billion Singapore dollars ($400 billion), plans to increase its AI exposure from 6% of its portfolio in the first quarter of 2026 to 15% by 2031, Nagi Hamiyeh, president of Temasek Global Investments, told CNBC on Wednesday The AI investment cycle has just begun and will continue for decades, he said, while cautioning that valuations in some parts of the industry have run ahead of fundamentals. Temasek, the state’s largest investment vehicle after GIC Private Ltd., is still dealing with the hit it took following the collapse of FTX. That implosion and other failures exposed weak con
SpaceXAI has launched Grok 4.5, pitching the model to developers and enterprises trying to control the rising cost of AI-assisted software development.
In a statement, the company said the model is priced at $2 per million input tokens and $6 per million output tokens. It said the model is built for coding and agentic work, runs at 80 tokens per second, and uses fewer tokens than comparable models on some software engineering tasks.
Grok 4.5 is available through the SpaceXAI console and Grok Build. It is also available in Cursor, the AI coding tool made by Anysphere, giving SpaceXAI a route into a development environment already used by programmers rather than only competing through an API. SpaceXAI said EU availability is expected in mid-July.
In June, SpaceX, which owns SpaceXAI, said it was buying Anysphere, the startup behind Cursor, in a deal aimed at strengthening its position in enterprise AI tools. In a separate statement, Cursor said that Grok 4.5 was trained jointly with Spac
SpaceXAI has launched Grok 4.5, pitching the model to developers and enterprises trying to control the rising cost of AI-assisted software development.
In a statement, the company said the model is priced at $2 per million input tokens and $6 per million output tokens. It said the model is built for coding and agentic work, runs at 80 tokens per second, and uses fewer tokens than comparable models on some software engineering tasks.
Grok 4.5 is available through the SpaceXAI console and Grok Build. It is also available in Cursor, the AI coding tool made by Anysphere, giving SpaceXAI a route into a development environment already used by programmers rather than only competing through an API. SpaceXAI said EU availability is expected in mid-July.
In June, SpaceX, which owns SpaceXAI, said it was buying Anysphere, the startup behind Cursor, in a deal aimed at strengthening its position in enterprise AI tools. In a separate statement, Cursor said that Grok 4.5 was trained jointly with Spac
June 23 selloff hit memory leaders as Korea’s KOSPI plunged nearly 10% and U.S. names slid 13%. AI demand stayed hot, but pricing power blinked. Here’s what changed.
Several NHS hospitals are preparing to use an AI-powered blood test to help assess women referred for possible womb cancer before invasive checks are carried out. According to The Guardian, around 90,000 postmenopausal women in England are referred by GPs each year for checks after experiencing heavy bleeding. About 10,000 women are diagnosed with womb […]
The post NHS AI blood test could reduce invasive womb cancer checks appeared first on AI News.
The post Dow Jones futures advance due to tech, AI rally appeared on BitcoinEthereumNews.com.
Dow Jones futures gain 0.17% to trade around 52,710 during European trading hours on Thursday. Meanwhile, S&P 500 futures and Nasdaq 100 futures advance 0.34% and 0.74%, trading near 7,550 and 29,690, respectively. US stock futures rise amid a sharp bounce in tech and AI sectors. Tech futures jumped on reports that Beijing will allow top Chinese AI firms to purchase a limited supply of Nvidia’s H200 chips. Chinese officials have recently informed major players, including Alibaba, ByteDance, and DeepSeek, that they may soon receive the necessary green light to procure the processors. However, traders worry that elevated energy prices could reignite inflation, potentially forcing the Federal Reserve (Fed) into an earlier-than-expected rate hike. This follows a down Wednesday where the Dow Jones and S&P 500 fell 1.09% and 0.28%, dragged down by materials, financials, and real estate, while the Na
Chatting with readers and regular folks in the real world these days, I can’t help but notice a common theme anytime the topic of AI comes up.
It’s an almost amusingly extreme contrast: While the myopic world of tech people (and the type of mostly AI-powered “thought leaders” you see posting in turbo-speed on LinkedIn) are waxing endlessly about AI’s amazing impact on society and all the ways it’s, like, totally revolutionizing workflow, bruh, the average human’s take on AI can best be summed up with a single word:
Exasperation.
With shockingly little exception, almost every non-tech-obsessed organism I interact with reacts with something between an eye-rolling sigh and a fed-up facepalm whenever the prevalence of AI arises. It’s almost like having an on-demand in-person GIF gallery of “frustration” available at your fingertips — just mention AI, and you’ll get a meme-worthy reaction from anyone around you.
It’s such a dramatic divergence from the glowingly excited hype we hear left an
The post SK Hynix and CXMT IPO boom could pull capital away from crypto appeared on BitcoinEthereumNews.com.
The U.S.-blocked company plans to use the proceeds to upgrade production lines and technology after posting explosive growth, including first-quarter revenue of 50.8 billion yuan, up 700% year-on-year. Reuters estimates CXMT held around 7.7% of the global DRAM market last year. These deals follow SpaceX (SPCX) and Cerebras (CBRS), two AI-related listings that have fueled enthusiasm across semiconductor and memory stocks. Together they reinforce a broader theme: investors are allocating fresh capital to companies building the infrastructure behind artificial intelligence rather than to crypto assets. Bitcoin BTC$62,919.56 has fallen roughly 50% from its October all-time high to around $63,000, as investors have increasingly favored AI infrastructure plays over digital assets. The pipeline is far from empty. OpenAI and Anthropic have both been discussed as companies that could eve
