Infrastructure - Truenewj

OpenAI CEO Sam Altman warns investors are ‘overexcited’ even as Microsoft, Meta, Amazon and Google spend 0 billion on AI

OpenAI CEO Sam Altman warns investors are ‘overexcited’ even as Microsoft, Meta, Amazon and Google spend $320 billion on AI

amefika7 months ago03 mins

Benzinga and Yahoo Finance LLC may earn commissions or revenue on some articles through the links below. Investors are “overexcited” about artificial intelligence, even as the world’s largest technology companies are expected to spend around $320 billion this year building AI infrastructure, according to OpenAI’s CEO. Sam Altman has warned. “When bubbles pop up, smart…

Coinbase and Mastercard in bidding war for BVNK, a Stablecoin startup backed by Visa and Citi

amefika8 months ago02 mins

Stablecoin startup BVNK has caught the attention of major players in crypto and payments, including Coinbase, Mastercard, Visa, and Citi. | Credit: NurPhoto/Getty Images. Key takeaways Coinbase and Mastercard are reportedly in talks to acquire BVNK. The stablecoin startup previously received investments from Citi and Visa. BVNK’s infrastructure unites fiat and blockchain payment methods. Stablecoin…