May 07, 2026

Tether Launches Medical AI Models That Run on Phones and Beat Larger Systems

TLDR: Tether 1.7B model beat Google’s MedGemma-4B by 11+ points despite being less than half the size. The 4B model cuts token out...

May 07, 2026

AI Agents Will Dominate Internet Activity by 2035, Hoskinson Warns Big Tech

TLDR: Hoskinson predicts AI agents will handle most internet searches and commerce by 2035, surpassing human activity online. Goog...

May 06, 2026

Core Scientific to buy Polaris for $421M to boost AI capacity

TLDR Core Scientific agreed to acquire Polaris DS LLC for $421 million to expand its AI data center operations in Oklahoma. The de...

May 06, 2026

Hut 8 Shares Rise 30% on $9.8B AI Lease Built for NVIDIA Specs

TLDR Hut 8 shares rose more than 30% in pre-market trading after announcing a $9.8 billion AI data center lease. The lease support...

May 05, 2026

Cipher Digital Widens Q1 Loss to $114M on AI Shift

TLDR Cipher Digital reported a net loss of $114 million in the first quarter, more than double the loss a year earlier. Bitcoin mi...

May 04, 2026

Hut 8 Replaces Coinbase Credit With $200M FalconX Facility

TLDR Hut 8 secured a $200 million Bitcoin-backed credit facility from FalconX and replaced its prior Coinbase Credit agreement. Th...

May 03, 2026

AI Boom Drives Founders Fund $6B Expansion into Concentrated Mega Bets

TLDR: Founders Fund has rapidly deployed into AI and defense with $600M average checks Capital concentration grows as sovereign fu...

May 02, 2026

Q1 2026 Tech Layoffs AI Wave Hits 81,747 as Firms Shift to AI Infrastructure

TLDR: 81,747 job cuts in Q1 2026 mark the highest quarterly total since Q1 2024 March alone records 45,800 cuts, signaling acceler...

May 02, 2026

Big Tech Plans $715 Billion AI Infrastructure Spend in 2026

TLDR: Big Tech’s combined 2026 CapEx of $715 billion marks a 98% year-over-year surge from prior levels. Amazon leads spending at...

May 01, 2026

MoonPay’s MoonAgents Card Lets AI Agents Spend Stablecoins at Any Mastercard Mer...

TLDR: MoonAgents Card lets AI agents spend stablecoins directly from onchain wallets at Mastercard merchants globally. Funds are n...