News
137 Ventures reloads with $700m to chase AI agents and space
3+ hour, 27+ min ago (373+ words) 137 Ventures has raised over $700m across two new funds, lifting AUM above $15b as it doubles down on AI agents, robotics, advanced industry and a $10b'plus Space X stake. The closings bring the firm's total assets under management to more than $15 billion…...
Open AI Microsoft exclusivity ends after seven years
5+ hour, 32+ min ago (355+ words) Microsoft and Open AI restructured their landmark 2019 partnership on April 27, converting Microsoft's cloud license from exclusive to non-exclusive, allowing Open AI to sell its full model suite on Amazon Web Services and Google Cloud for the first time, as Amazon…...
China court rules companies can't replace employees with AI to cut costs
9+ hour, 32+ min ago (545+ words) A Chinese court has ruled that companies cannot legally dismiss employees solely to replace them with cost-saving artificial intelligence tools, setting a clear boundary on how far firms can go in using automation to reduce labour costs. On April 30, the…...
Moon Pay's AI-native debit card gives agents a live stablecoin rail Moon Pay's AI-native debit card gives agents a live stablecoin rail
9+ hour, 55+ min ago (231+ words) Moon Pay has launched the Moon Agents Card, a Mastercard-enabled debit product that lets AI agents spend stablecoins directly at the point of sale with onchain settlement behind the scenes. Moon Pay has unveiled the Moon Agents Card, a Mastercard-network…...
Pentagon signs Nvidia, Microsoft, AWS for classified AI programs
10+ hour, 38+ min ago (343+ words) The U. S. Department of Defense has expanded its push into artificial intelligence, securing fresh agreements with several major technology firms to deploy advanced AI systems across classified military networks. According to a report released Friday, Nvidia, Microsoft, Reflection AI, and Amazon…...
Riot Q1 results show Bitcoin pressure and AI data center growth
13+ hour, 57+ min ago (379+ words) Riot Platforms reported first-quarter 2026 revenue of $167. 2 million. This compares with $161. 4 million in the same quarter last year. The company produced 1, 473 Bitcoin during the quarter. That was lower than 1, 530 Bitcoin produced in the first quarter of 2025. Riot recorded its first quarter…...
Tether-backed Oobit unveils AI agent card for autonomous USDT spending
15+ hour, 14+ min ago (338+ words) Crypto wallet startup Oobit has introduced a Visa-backed virtual card that allows AI agents to execute payments in USDT without human input. According to Oobit, the new "Agent Cards" draw funds directly from Tether's treasury, removing the need for fiat…...
Bitcoin community launches Bitcoin Beyond 66 AI tool to counter energy concerns
14+ hour, 43+ min ago (455+ words) A Nordic Bitcoin education group has released an open-source AI database designed to generate evidence-backed responses to common criticisms about Bitcoin's environmental impact and energy use. According to Bitcoin Beyond 66, the tool, called "The Bitcoin Evidence Base," has been built…...
CFTC AI tools replace staff cut by more than 20%
1+ day, 12+ min ago (168+ words) CFTC Chairman Michael Selig confirmed the agency is deploying AI tools to review crypto registration applications and monitor trading data, the first major US financial regulator to use artificial intelligence to compensate for a workforce cut of more than 20% under…...
Evernorth XRP names Open AI CFO to its board
1+ day, 42+ min ago (165+ words) Ripple-backed XRP treasury company Evernorth has named Open AI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim as independent directors in its second SEC S-4 amendment, bringing AI and institutional finance expertise onto the board of the company aiming to…...