Google has unveiled Ironwood, its seventh-generation Tensor Processing Unit (TPU), designed to significantly enhance the performance and efficiency of artificial intelligence (AI) applications, particularly in inference tasks. Ironwood represents a major advancement in Google's decade-long effort to develop alternatives to Nvidia's dominant AI processors. Engineered for
In early April 2025, leading cryptocurrency executives intensified their lobbying efforts, urging Congress to permit stablecoin issuers to offer interest payments to token holders. This initiative seeks to incorporate provisions into forthcoming legislation that would establish a regulatory framework for stablecoins—cryptocurrencies pegged to stable assets like the U.S.
On April 8, 2025, the U.S. Department of Justice (DOJ) announced the immediate disbandment of its National Cryptocurrency Enforcement Team (NCET). This decision aligns with the Trump administration's broader initiative to ease regulations in the digital assets sector. Deputy Attorney General Todd Blanche emphasized that the DOJ
On April 8, 2025, Ripple announced its acquisition of multi-asset prime broker Hidden Road for $1.25 billion, marking one of the company's largest deals to date. This acquisition positions Ripple as the sole cryptocurrency firm to own and operate a global multi-asset prime brokerage, significantly expanding its
The National Pension Service (NPS) of South Korea, managing assets worth approximately $836 billion, is considering the adoption of blockchain technology to enhance transparency and security in its fund transactions. This initiative aims to prevent tampering in fund records and improve the management of retirement security.
The Wharton School at the University of Pennsylvania has announced a significant update to its curriculum by introducing a new undergraduate concentration and an MBA major in Artificial Intelligence (AI) for Business, set to commence in the fall of 2025. This initiative is designed to meet the increasing demand for
On April 7, 2025, the White House Office of Management and Budget (OMB) issued a directive requiring all federal agencies to appoint Chief Artificial Intelligence Officers (CAIOs). This mandate is part of the administration's broader strategy to enhance the responsible and effective use of AI technologies within government
U.S. crypto-related stocks took a sharp hit today as Bitcoin dropped by over 5.5%, falling to its lowest level so far in 2025. This decline marked a major reversal from the cryptocurrency's strong performance earlier in the year. Investors reacted swiftly, selling off shares of major
On its 50th anniversary, Microsoft celebrated by doubling down on its artificial intelligence ambitions, unveiling major updates to its flagship AI assistant, Copilot. The upgraded Copilot introduces memory capabilities, allowing it to remember user preferences, past interactions, and upcoming tasks to offer more proactive and personalized support. For example, it
Cryptocurrency markets experienced turbulence following China’s announcement of a 34% retaliatory tariff on U.S. goods, set to take effect on April 10. This move came in response to President Donald Trump’s aggressive tariff hikes, escalating tensions between the world’s two largest economies. The uncertainty surrounding the
For the first time, major cryptocurrency companies are actively participating in Australia’s federal election, advocating for clearer regulatory frameworks. Leading Australian crypto exchange Swyftx recently sponsored a political dinner attended by opposition leader Peter Dutton, signaling the industry's growing influence in the political landscape. Global exchanges such
Stablecoins have become a crucial component of the cryptocurrency market, offering a bridge between traditional finance and digital assets. These cryptocurrencies are typically pegged to the U.S. dollar, ensuring price stability compared to volatile assets like Bitcoin. With a total market capitalization reaching $235 billion in 2025, stablecoins are