Agentic AI, autonomous agents and artificial intelligence reshaping money and markets.
The US Supreme Court has dismissed Nvidia’s appeal to have a class-action lawsuit against the chipmaker thrown out. The lawsuit alleges that Nvidia misled investors about the extent of its sales to cryptocurrency miners. The court’s decision, issued without explanation, reinstates a lower court ruling that revived the 2018 lawsuit. This suit claims Nvidia concealed … Read more
On Wednesday, Nvidia Corp. (NASDAQ: NVDA), a leading multinational technology company specializing in semiconductors, released its third-quarter fiscal 2025 results, showing significant growth in revenue and earnings. However, despite the strong numbers, Nvidia’s shareholders expressed concerns about the company’s future margins amid heightened competition in the artificial intelligence (AI) sector. Strong Financial Performance Nvidia reported … Read more
Vivek Arya, a Bank of America analyst, believes that Nvidia’s revenue potential is significantly underestimated by the market. Despite the stock’s surge following OpenAI’s ChatGPT launch, Arya argues that its valuation doesn’t fully reflect its expanding prospects. Arya emphasized that high-multiple stocks like Nvidia often face misconceptions when they reach new highs. He explained that … Read more
Praxis, an “internet-native alliance,” has successfully raised $525 million to develop a cutting-edge city designed with a focus on reduced regulations for industries such as cryptocurrency and artificial intelligence. The funding includes a substantial $500 million pledge from GEM Digital and an additional $25 million from Arch Lending. Vision for the Future The planned tech … Read more
A recently unveiled AI-powered deepfake tool, known as ProKYC, has emerged as a sophisticated means for nefarious actors to circumvent high-level Know Your Customer (KYC) protocols on cryptocurrency exchanges. According to a report from cybersecurity firm Cato Networks, this development signifies a troubling escalation in the tactics employed by cybercriminals. Evolving Tactics in Cyber Fraud … Read more
Nvidia’s shares are currently priced at $132.63, reflecting a notable 7.51% increase over the past week and an impressive 179.05% gain year-to-date. This remarkable performance positions Nvidia as a compelling option for investors, especially those interested in the high-growth sectors of technology and artificial intelligence (AI). Investment Overview For investors considering a $1,000 investment, this … Read more
The ongoing legal battle involving Nvidia and a group of investors has gained significant attention as the United States Justice Department (DOJ) and the Securities and Exchange Commission (SEC) have urged the Supreme Court to allow a class action lawsuit against the tech company to proceed. The lawsuit, which dates back to 2018, alleges that … Read more
OpenAI has begun rolling out its highly anticipated “Advanced Voice” feature to select ChatGPT users, with Plus and Team subscribers receiving access throughout the week. This new feature, an upgrade to the latest ChatGPT 4.0 model, enhances communication speed and introduces five new humanlike voices—Arbor, Maple, SXol, Spruce, and Vale—alongside existing options like Breeze and … Read more
In a concerning incident, the official OpenAI news account @OpenAINewsroom was hacked, leading to the spread of false information regarding a fictional blockchain token named “$OPENAI.” The posts, which emerged around 7 PM ET, falsely claimed that the token was associated with OpenAI and offered users a chance to gain access to a non-existent early … Read more
Recent analysis of the cryptocurrency market reveals a striking trend: the AI, DeFi, and memecoin sectors have outperformed traditional Layer 1 and Layer 2 solutions over the past month. Notably, assets like Fetch.AI (FET) and BitTensor (TAO) have recorded impressive gains since August, even as the overall market sentiment remains uncertain. This trend is prompting … Read more