iPhone maker announces plan to build Mitsubishi EVs

The Taiwan-made electric vehicle is expected to go on sale in Australia and New Zealand next year.

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Singapore’s Vision for AI Safety Bridges the US-China Divide

In a rare moment of global consensus, AI researchers from the US, Europe, and Asia came together in Singapore to form a plan for researching AI risks.

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Trump crypto advisor David Bailey launching $300 million bitcoin investment company

David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.

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A ‘Trump Card Visa’ Is Already Showing Up in Immigration Forms

Donald Trump has proposed launching a “gold card” program offering US residency for $5 million. Elon Musk’s DOGE has begun rolling out the technology to enable it.

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Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla

Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it’s invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth less […]

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Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia

Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include: a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions, […]

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OpenAI and the FDA Are Holding Talks About Using AI In Drug Evaluation

High-ranking OpenAI employees have met with the FDA multiple times in recent weeks to discuss AI and a project called cderGPT.

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Arm shares drop on weak forecast

Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.

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AppLovin shares pop on earnings beat as it announces sale of mobile gaming business

AppLovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.

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Nvidia shares climb on report Trump will end chip export restrictions

AMD CEO Lisa Su and Nvidia CEO Jensen Huang have both opposed the semiconductor export controls.

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