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A staggering 95% of generative AI pilots at companies are failing, according to a recent report published by MIT’s NANDA initiative. But rather than giving up on the technology altogether, the most advanced organizations are experimenting with agentic AI systems that can learn and be supervised. That’s where Maisa AI comes in. The year-old startup…
The company has posted $46.7 billion in revenue for the quarter, despite restrictive export controls from the US-China trade war. Computer chip manufacturer Nvidia reported its financial results for the second quarter of its 2026’s fiscal year, beating Wall Street expectations for revenues and earnings per share (EPS). Nvidia reported Q2 revenue of $46.7 billion,…
Eyebot, a startup offering a 90-second vision test kiosk that delivers doctor-verified glasses prescriptions, has secured $20 million in Series A funding. The Boston-based startup, founded in 2021, streamlines how people access vision care by eliminating traditional obstacles, such as appointment delays, limited accessibility, complex insurance requirements, and cost. Its kiosks, already found in malls, universities,…
Canary Capital has filed for a US-only crypto ETF, aiming to track an index of American-rooted digital assets as the SEC weighs other fund applications. US digital asset investment firm Canary Capital Group has filed with the Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA). According to a Friday filing,…
Critics warn the US Treasury’s push to embed ID checks into DeFi smart contracts could erode privacy and hollow out permissionless finance. The US Treasury is exploring whether identity checks should be built directly into decentralized finance (DeFi) smart contracts, a move critics warn could rewrite the very foundations of permissionless finance. Last week, the…
Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm. Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The complaint, lodged in the Northern District of California on Thursday, claims Musk’s xAI company…
Mentions of Federal Reserve-related keywords and the anticipated interest rate cut have reached an 11-month high, according to Santiment. The surge in social media chatter around the highly anticipated US Federal Reserve September interest rate decision could be a warning sign for crypto, says sentiment platform Santiment. It comes after the crypto market rallied on…
Bitcoin accounts for an ever-greater share of global money as central banks continue to print currency and reduce purchasing power. Bitcoin (BTC) grew to account for about 1.7% of global money, a figure that includes aggregate M2 money supply data for all major fiat currencies, the largest minor currencies, and gold’s market cap, according to…
A popular crypto sentiment tracker surged back into Greed on Saturday after Fed Chair Jerome Powell hinted at a possible rate cut in September. Crypto sentiment returned to “Greed” on Saturday as the crypto market surged, following dovish comments from US Federal Reserve Chair Jerome Powell that raised speculation of a possible rate cut in…
Trish Turner is resigning as head of the IRS crypto division after just months, following two private-sector executives who served about a year. Trish Turner has resigned as head of the United States Internal Revenue Service’s (IRS) digital assets division after roughly three months in the role. “After more than 20 years with the IRS,…