AI Infrastructure Surges 5272 Percent in 6 Quarters
Leopold Aschenbrenner’s Situational Awareness LP grows to $13.7B, adds $8.5B in semiconductor puts, signaling caution on AI chips; CleanSpark holdings rise 7x. #Update #Finance
Artificial intelligence (AI)
Bitcoin Faces $3 Trillion AI IPO Shift
SpaceX targets June 12 IPO, aiming to raise $75B at a $1.75T valuation, while OpenAI and Anthropic plan 2026 listings, potentially impacting $BTC investment. #Update #Crypto $BTC
Bitcoin Doom Narrative Challenged by Saylor
Strategy sold 32 BTC, ending its sale streak since 2022. $BTC down 26.5% YTD amid $4B U.S. bitcoin ETF outflows and $400B AI spending shift. #Update #Crypto $BTC
AI Billionaires Surge to $59.3B Fortune
OpenEvidence hits 100M consultations, creating 19 new AI billionaires worth $59.3B in 2026; Bill Gates urges AI tax debates amid rising fortunes. #Update #Legal
Bitcoin ETFs Bleed $1.42B as Tourists Exit
Spot bitcoin ETFs saw $1.42 billion in outflows last week, highlighting concerns over “crypto tourists” selling amid AI stock distractions, says @IBKR’s Steve Sosnick. #Update #Crypto $BTC
Intel Launches AI Chip Targeting Nvidia
Intel plans to launch its Crescent Island AI GPU in 2026, challenging Nvidia and AMD with cost-efficient LPDDR5X memory. Bitcoin miners like Terawulf pivot to AI compute. #Update #Tech
SEC Sues Privvy Founder Over $12.3M Scheme
The SEC accuses Nathan Fuller of a $12.3M crypto scheme using fake AI bots, with only $380K buying crypto and $6.2M misappropriated. #Breaking #Legal @SECGov
AI Threatens $900B Ad Industry Collapse
Animoca Brands launches $10M fund for early-stage agentic AI, predicting a shift in the $900B ad industry to AI agents on blockchain networks. #Update #AI
AI Solves 80-Year Geometry Puzzle
OpenAI’s AI model solves Paul Erdős’ 1946 unit distance problem, verified by Princeton, potentially impacting cryptography and mathematical proofs. #Update #AI
Ethereum Leaders Challenge DeFi Safety Concerns
Openzeppelin founder Manuel Aráoz’s DeFi security warnings spark debate; 0G Labs CEO Heinrich counters with a 98% improvement in lending safety since 2020. #Update #Crypto
Robinhood Launches AI Trading for 27M Users
Robinhood launches Agentic Trading beta, enabling 27M users to deploy AI agents like ChatGPT for autonomous equity trading; crypto support coming soon. #Update #Finance
AI Job Losses Reversed Altman Surprises
OpenAI CEO Sam Altman revises AI job loss predictions, citing minimal disruption; Brookings and Yale studies support limited impact. Anthropic highlights deployment gaps. #Update #Tech
Bitcoin Mining Difficulty Rises as Revenue Falls
ZachXBT accuses @BitgetGlobal of enabling supply control manipulation across RAVE, RIVER, SIREN, and LAB tokens; $480M in LAB tokens moved in 12 hours. #Breaking #Legal @BitgetGlobal
AI Race 2026: US-China Battle Escalates
Raoul Pal warns the U.S.-China AI race is unprecedented, proposing Universal Basic Equity to counter AI-driven job automation. China excels in AI efficiency; U.S. leads in compute. #Update #AI