A recent report from a notable investment bank says newly imposed 25% tariffs on imported vehicles and components could decimate the 2035 earnings of European automaker Stellantis by as much as 75%. The automaker currently relies heavily on North American factories outside the US for that respective market, which contributes to a massive portion of its annual sales.
The impact of the Trump…
Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano.
Grayscale’s Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure
Crypto asset manager…
Metaplanet Inc. added 696 BTC in Q1 2025, using options to lower acquisition costs. The firm’s total Bitcoin holdings reached 4,046 BTC.
Japan’s Metaplanet Grows Bitcoin War Chest to 4,046 BTC
Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo…
Gartner forecasts gen AI spending to hit $644B in 2025: What it means for enterprise IT leaders
April 1, 2025
Make no mistake about it, there is a lot of money being spent on generative AI in 2025.
Analyst firm Gartner released a new report today forecasting that global gen AI spending will hit $644 billion in 2025. That figure represents a 76.4% year-over-year increase over gen AI spending in 2024.
Gartner’s report joins a chorus of other industry analyses in recent months that all point to increasing…
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
April 1, 2025
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion — making it the largest private equity investment on record. The landmark…
OpenAI announced plans to release its first “open-weight” language model since 2019, marking a dramatic strategic shift for the company that built its business on proprietary AI systems.
Sam Altman, OpenAI’s chief executive, revealed the news in a post on X on Monday.
Electric construction equipment is quieter, cleaner, and safer to operate than diesel equipment anywhere, but that’s especially true in crowded urban areas where more people live and work. Charging that equipment isn’t always as easy as driving over to the nearest BP Pulse fast charger, however. Now, a new pilot program in London is hoping to eliminate the need to take equipment to chargers…
The Trump Administration just slapped huge tariffs on imported cars, causing many car buyers to accelerate their purchase plans and snap up a new car now, rather than wait. If that’s you, and you’re one of the thousands looking to distance yourself from Tesla, the time…
Volatility Shares, a prominent exchange-traded fund (ETF) service provider, recently launched two Solana futures ETFs on March 20. The two new funds, the Solana ETF (SOLZ) and the 2x Solana ETF (SOLT), have demonstrated stable early performance. According to Yahoo Finance…
Elon Musk clarified that the Department of Government Efficiency (DOGE) has no plans to integrate Dogecoin into its operations for transparency, despite his personal support for the meme crypto.
Dogecoin vs DOGE: Elon Musk Draws the Line
Elon Musk discussed the potential role of dogecoin in government during a March 30 town hall event in Green Bay, Wisconsin. He addressed a possible connection…
