Veteran trader Peter Brandt gave a sharp criticism of the Bitcoin holder this week. According to X’s post, Brandt, a scepter agenarian with over 800,000 followers, was overwhelmed by thick, thin “hodl” people. Related readings He called them “a bunch of idiots who borrow money to buy pizza.” His message was dull. He urged people to “get a life” and warned that faith in Bitcoin as a cure would disappoint many things. I held my head to the tip of my head with people on Twitter x I have a wonderful life – Peter Brandt (@peterlbrandt) August 5, 2025 Traders…
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I owned a lot of Alexa-powered devices in my former home: There were Amazon Echos in most rooms, including an older Echo Plus in the living room, a smattering of Dots, a Spot in a bedroom, and an Echo Show in the kitchen. A Fire TV ran in the bedroom. And, in a drawer, a rarely used Fire HD tablet sat collecting dust. With the total loss of the home due to a March 2024 house fire, there also came a new opportunity: We could now make a fresh start to create a more modernized smart home after rebuilding our…
Key Takeaways Apple is expected to announce an additional $100 billion in US manufacturing, raising its total domestic commitment to $600 billion over four years. The investment aims to reshore critical production and comes amid tariff threats and new manufacturing initiatives announced at the White House. Share this article President Trump is expected to unveil that Apple will invest another $100 billion in US manufacturing, a move that would deepen the company’s domestic supply chain footprint and reduce its reliance on foreign manufacturing, especially amid rising tariffs, Bloomberg reported Wednesday.The announcement will be made at the White House, and Apple…
OpenAI is poised to undercut rivals like Anthropic and Google in the race to see its AI tools integrated into federal agency workflows. The AI giant has reached an agreement with the U.S. General Services Administration (GSA), the government’s central purchasing arm, to offer ChatGPT Enterprise to participating federal agencies for just $1 per agency for the next year. The partnership comes a day after the GSA added OpenAI, Google, and Anthropic to a list of approved AI vendors that can offer their services to civilian federal agencies. The companies will see their tools offered via the Multiple Award Schedule…
Google on Wednesday launched its AI coding agent, Jules, out of beta, just over two months after its public preview debut in May. Powered by Gemini 2.5 Pro, Jules is an asynchronous, agent-based coding tool that integrates with GitHub, clones codebases into Google Cloud virtual machines, and uses AI to fix or update code while developers focus on other tasks. Google initially announced Jules as a Google Labs project in December and made it available to beta testers through a public preview at its I/O developer conference. Kathy Korevec, director of product at Google Labs, told TechCrunch that the tool’s…
Companies across many industries are implementing AI agents for internal use, automating a wide range of tasks. In the financial sector, AI agents are critical for fraud detection. They can analyze vast amounts of transaction data in real time. Meanwhile, sales organizations are using AI agents to gather data on potential customers. These AI sales agents can scour the web and social media for information. To be effective, these agents need to access the internet and find information from relevant sources, all while following company policies and mirroring how a human researcher would work. Connecting an agent directly to a…
Key Takeaways AI startup Rillet raises $70M Series B to transform ERP for SaaS firms, with a16z and ICONIQ backing its automation-first accounting tools. This follows Rillet’s $25 million Series A in May, led by Sequoia Capital. Share this article Rillet, an AI startup reimagining ERP (enterprise resource planning) with automation-first accounting tools for SaaS and high-growth companies, has raised $70 million in Series B funding co-led by Andreessen Horowitz (a16z) and ICONIQ, the company announced Wednesday.This brings Rillet’s total funding to over $100 million in under a year. Seth Pierrepont, General Partner of ICONIQ, and Alex Rampell, General Partner…
AI agent tools promise to siphon out some of the drudgery from daily workflows, but most organizations are hesitant to adopt them yet, harboring a pressing concern: data security. Large enterprises with trade secrets, companies in highly regulated industries, and government agencies have thought more than twice about bringing in AI tools out of concern that their — or worse, their customers’ — data could inadvertently be compromised, or used to train foundation models. Canadian AI firm Cohere is taking aim at alleviating those concerns with its new AI agent platform dubbed North, which promises to enable private deployment so…
The U.S. Department of Justice (DOJ) said on Tuesday that two Chinese nationals have been arrested for their alleged involvement in illegally shipping “tens of millions of dollars” worth of high-performance AI chips to China. The DOJ said Chuan Geng and Shiwei Yang were arrested in California on August 2 and charged with violating the Export Control Reform Act, a felony that carries a statutory penalty of a maximum of 20 years in prison. Geng and Yang are accused of knowing and willfully shipping “sensitive technologies,” including GPUs, to China from the U.S. through their California-based company, ALX Solutions. The…
European search engines Qwant and Ecosia said on Wednesday that they have both started serving search queries through an index they developed together, Staan, which aims to be a cheaper, more privacy-focused alternative to Google and Bing. Last year, French privacy-focused search engine Qwant struck a joint venture with German non-profit search engine Ecosia, to develop a European search index. Called European Search Perspective (EUSP), the JV now aims to serve around 50% of French queries and 33% of German queries by the end of the year. Qwant said it is using the new index to power some of its…