OpenAI is getting back to its roots as an open source AI company with today’s announcement and release of two new, open source, frontier large language models (LLMs): gpt-oss-120b and gpt-oss-20b.
The former is a 120-billion parameter model as the name would suggest, capable of running on a single Nvidia H100 graphics processing unit (GPU) and the latter is only 20 billion, small enough to run…
Anthropic released an upgraded version of its flagship artificial intelligence model Monday, achieving new performance heights in software engineering tasks as the AI startup races to maintain its dominance in the lucrative coding market ahead of an expected competitive…
Spot crypto trading is accelerating toward full federal regulation as the CFTC invites public input, setting the stage for transformative access on official U.S. futures exchanges.
Push for Regulated Spot Crypto Heats up With CFTC Now Soliciting Feedback
The Commodity…
‘Suboptimal Capital Leakage’ in GCC Due to Lack of Crypto ETPs, Warns Defi Tech President
August 6, 2025
In the Gulf Cooperation Council region, there is a significant gap in the availability of regulated digital asset exchange-traded products. According to Andrew Forson, this leads to capital being exported to other jurisdictions—a situation that not only results in financial losses but also hampers the development of local infrastructure and liquidity.
GCC Lags Behind Europe in Digital Asset…
In a landmark development, the Commodity Futures Trading Commission (CFTC) announced on August 4, 2025, that it will permit spot crypto trading on exchanges registered under its jurisdiction. The decision, announced in coordination with the Securities and Exchange Commission…
After losing to Tesla in the first round, BMW says it’s ready for another chance. BMW is taking aim at Tesla as it looks to win back drivers with longer-range, ultra-fast charging EVs, starting with the new iX3.
Will the new BMW iX3 go head-to-head with Tesla?
BMW promises…
A couple years ago, my wife started a new job as an elementary school principal. It was an exciting milestone, but it also came with a stressful commute. The school isn’t far – just a few kilometers across the city – but during rush hour, taking the bus often meant sitting in gridlock for 45 minutes. Not exactly the best way to start or end a workday.
So we got her an electric bike.
Not…
The best-selling Mercedes-Benz SUV is going electric, and it’s bringing a new style with it. Mercedes promises the new GLC EV “redefines” the face of the luxury brand. Here’s our first look.
Mercedes previews flashy new face with the GLC EV
We will get our first…
Top global crypto exchanges face mounting legal peril in the Philippines after being accused of illegally targeting users and violating strict new digital asset compliance rules.
Philippine SEC Flags Major Crypto Exchanges Operating Illegally in the Country
The Philippine…
The Day the SEC Quietly Surrendered to Crypto
August 5, 2025
Last week, SEC Commissioner Paul Atkins quietly dropped what should have been the biggest headline in crypto this year: “Most crypto assets are not securities,” he said, in sharp contrast to the SEC’s long-standing position. The markets didn’t blink, but the implications are seismic.
The following opinion editorial was written by Joseph Collement, Chief Legal Officer & Head of News at…