Crypto News16- Page

JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in the bank’s budget. Summary JPMorgan reclassified its $2bn annual AI

OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as the fourth quarter of 2026. Summary OpenAI crossed $25bn in annualized revenue

Virginia redistricting referendum was struck down 4-3 by the state Supreme Court on May 8, with Democrats immediately filing to appeal to SCOTUS Summary The Virginia Supreme Court ruled 4-3

The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio Summary The Department of War posted 162 UAP files on May 8

Connecticut SB5 passed both chambers on May 1 and heads to the governor, making it one of the most comprehensive state AI laws in the US. Summary Connecticut SB5 passed

Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input Summary AWS launched Amazon Bedrock AgentCore Payments on May 7,

Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Summary Morgan Stanley launched an E*Trade crypto

A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities fraud claims. Summary In Bouck

Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times. Summary Anthropic is in talks to raise up to $50bn

Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Summary Meta launched Muse Spark on April 8, the first product from