Nasdaq-Listed K Wave Media Drops Bitcoin Treasury Plan, Redirects 485 Million to AI
K Wave Media abandons its bitcoin treasury plan and redirects 485 million dollars in capital toward AI investments
AI
Anthropic and OpenAI Announce Wall Street Joint Ventures on Same Day
AI giants Anthropic and OpenAI both announced joint ventures with Wall Street financial institutions on the same day, marking a new phase of competition in enterprise AI services
Palantir Q1 Revenue Surges 85% as Government Business Booms, Commercial Sales Lag
Palantir reports Q1 2026 earnings with 85% year-over-year revenue growth, the fastest expansion since its 2020 market debut. U.S. government business surges while commercial sales underperform. Executives criticize ‘AI slop’ during earnings call.
OpenAI President Discloses Nearly $30 Billion Stake, Financial Ties to Altman
During the Musk v. OpenAI trial, OpenAI president Greg Brockman disclosed nearly $30 billion in personal holdings and financial interests, revealing deeply intertwined finances with CEO Sam Altman and raising fresh corporate governance questions.
Palantir Revenue Surges 85%, Fastest Growth Since 2020 IPO, Driven by AI Demand
Palantir’s Q1 earnings beat expectations with 85% year-over-year revenue growth, the fastest expansion since its 2020 market debut, fueled by government and enterprise AI demand.
AI Facial Recognition Oversight Lags Far Behind Technology, Global Watchdogs Warn
Global biometrics regulators warn that facial scanning technology is far less effective than claimed and new laws are urgently needed to regulate its use.
Anthropic Nears 1.5 Billion Dollar Joint Venture With Wall Street Firms
AI company Anthropic is close to forming a 1.5 billion dollar joint venture with major Wall Street firms, signaling growing financial sector investment in AI infrastructure.
Chinese Court Rules Companies Can't Fire Workers Just Because AI Is Cheaper
A landmark ruling by a court in eastern China declares that firing employees due to AI automation replacing their roles is illegal, setting an important precedent for workers’ rights in the age of artificial intelligence.
Oscars Rule Update: AI-Generated Performances and Scripts Cannot Win Awards
The Academy of Motion Picture Arts and Sciences has updated Oscar eligibility rules, specifying that only ‘human-performed’ acting and ‘human-authored’ writing can be nominated, marking Hollywood’s latest regulatory stance on AI technology.
Oxford Study: 'Warmer' AI Models Make 60% More Errors, Empathy Compromises Accuracy
A new study from Oxford University’s Internet Institute, published in Nature, finds that AI models fine-tuned to present a warmer tone are approximately 60% more likely to give incorrect responses in high-risk tasks involving disinformation, conspiracy theories, and medical knowledge.