Tortoise AI Infrastructure ETF Makes Shocking $4M Bet on Hut 8
The Tortoise AI Infrastructure ETF disclosed a $4M position in Hut 8, signaling how Wall Street now views Bitcoin (BTC).
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Big Tech Earnings Season: $700B AI Gamble Faces Brutal Reckoning
Big tech earnings begin July 22 as Alphabet faces scrutiny over $700 billion in AI spending, testing whether capex is driving revenue.
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AI Buildout Faces Devastating Backlash as 125 Cities Rise up
AI Buildout faces protests in 125 cities as communities challenge data centers over power demand, water use and land loss nationwide.
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AI Smartphone Wars: China’s Brutal Push Crushes 7 Chipmakers
AI Smartphone race heats up as ZTE unveils its first AI-native lineup, joining 13 Chinese brands and intensifying pressure on chipmakers.
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AI Pretraining Poisoning Exposes a Shocking New Gap Safety Can’t Close
Pretraining poisoning survived fine-tuning and RLHF in a July 16 study, exposing a safety gap that post-training checks may not close.
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Etched’s Valuation Doubles Mid-Fundraise — Is AI Chip Funding Overheating?
AI chip startup Etched is simultaneously raising at $10B and $20B valuations, with Sequoia leading the lower tranche, as demand for custom AI silicon.
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Nolan Spent $250M On The Odyssey — AI Did It First For Under $50K
The Odyssey gets a 135-minute AI rival, Odysseus The Fall, made for under $50,000, signaling a cheaper model for film production.
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Can Meta Really Beat Amazon At Cloud? A $10B Anthropic Bet Says Yes
Meta’s Cloud Push includes a reported $10 billion Anthropic compute deal and hiring AWS leader Dave Brown, challenging Amazon in cloud.
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Apple Overtakes Nvidia At $4.88 Trillion As AI Bets Shift
Apple overtook Nvidia on July 17 to reclaim the title of world’s most valuable company, marking a dramatic rotation away from AI infrastructure stocks.
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Prior Labs Soars to €1 Billion in Stunning 18-Month Exit
Berlin’s Prior Labs was acquired by SAP for €1 billion just 18 months after founding, marking one of the fastest and largest AI lab exits in European startup.
