Alibaba, Tencent among investors in China’s rival to OpenAI with $341 million funding
Zhipu’s statement about its investors comes at a time when the technology battle between the U.S. and China continues to ramp up with artificial intelligence front and center.
Cryptocurrencies cap a winning week, bitcoin tops $30,000 on ETF optimism and flight to safety
Bitcoin extended its weekly gains on Friday, briefly topping $30,000, as confidence a spot bitcoin ETF will soon be greenlit grew.
Argentina’s far-right firebrand Javier Milei is the one to beat in a wide-open presidential race
The upcoming first-round presidential vote follows a shock primary win for far-right frontrunner Javier Milei.
UK PM Rishi Sunak suffers two historic by-election defeats as Labour opposition surges
U.K. Prime Minister Rishi Sunak’s Conservative Party suffered two historic by-election defeats, as the main opposition Labour Party overturned huge majorities.
X, formerly Twitter, will launch two new subscription tiers, Elon Musk says
Elon Musk says one tier will be “lower cost with all features, but no reduction in ads,” while the other is “more expensive, but has no ads.”
Coinbase is ‘confident’ a U.S. bitcoin ETF will be approved after SEC’s court defeat
Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the Securities and Exchange Commission, its chief legal officer told CNBC.
White House requests $61 billion for Ukraine funding; North Korea’s Kim says Russia agreements will be ‘faithfully’ fulfilled
U.S. President Joe Biden said he would be sending an “urgent” funding request to Congress on Friday for military aid to support both Ukraine and Israel.
After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
Activision Blizzard, Electronic Arts and other public gaming firms hold $45.1 billion in cash and cash equivalents, according to venture capital firm Konvoy.
10-year Treasury yield retreats after rising to 5%
U.S. Treasurys hit their highest level in 16 years over the previous session but retreated early Friday.
