Payments giant Visa is growing at its fastest rate in years, but it’s not because of some of its latest innovations in digital currencies and agentic AI. Visa first started offering stablecoin settlements in 2023 and now has 130 stablecoin-linked…
The promise of sovereign AI is that a country can keep its models, data, and compute power at home. But there’s one critical component that has to come from outside: the chips. “Today, there is no equivalent in Europe,” said…
On Monday, New York Gov. Kathy Hochul and Mayor Zohran Mamdani stood in Central Park to announce a free watch party for 50,000 New Yorkers in the park for the World Cup final. The State of New York is spending…
China is building new power generation at an unprecedented pace to power the AI boom as the U.S. grid struggles to keep pace with the development of data centers, triggering more delays and project cancellations. “I think we should be…
America’s electric grid is buckling under extreme weather, aging infrastructure, and an AI build-out that is quietly rewriting U.S. power demand—and General Motors wants to turn that crisis into a business. At a San Francisco event Tuesday called GM Empower,…
An “infinite bowl-making machine” can make 500 salads, Tex-Mex, and poke bowls with the exact ingredients you want down to the personalized macros you’re tracking in one hour. A human worker can’t compare, according to entrepreneur Marc Lore. “I don’t…
Mismanagement at a massive Immigration and Customs Enforcement facility in Texas created unsafe conditions that contributed to detainee deaths and suffering even as millions of wasted tax dollars enriched contractors, according to a federal report released Tuesday. The Government Accountability Office report documents…
Convicted crypto fraudster Sam Bankman-Fried formally submitted a pardon request with the Department of Justice, but the odds of President Donald Trump granting him clemency remain slight, according to a White House spokesperson. The status of Bankman-Fried’s request is currently…
Today, the Nasdaq Composite looked like a V: down more than 4% by lunchtime, closing off just 1%. Nobody knows exactly why. Around noon, the AI jitters came back, and traders dumped the highest-beta names—the frothiest, most volatile stuff, like…
Hyatt says its AI-powered sales tools are helping employees save roughly one day per week while increasing the company’s share of group bookings. AI helps the company’s sales team “be more efficient and effective to respond to the more than…