FDIC releases 790 pages of crypto-related letters in regulatory pivot
Source: Coin Tegraph “The FDIC also looks forward to engaging with the President’s Working Group on Digital Asset Markets,” acting chairman Travis Hill wrote. Read Full Article
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Google pulls incorrect Gouda stat from its AI Super Bowl ad
Source: The Verge Google has edited Gemini’s AI response in a Super Bowl commercial to remove an incorrect statistic about cheese. The ad, which shows a small business owner using Gemini to write a website description about Gouda, no longer says the variety makes up “50 to 60 percent of the world’s cheese consumption.” In…
Crypto Czar David Sacks Drops Bombshell—US Weighing Bitcoin Reserve Strategy
Source: Bitcoinist It may well be that the US is indeed contemplating adding crypto to its monetary strategy. In a press conference Wednesday, the country’s newly appointed AI and Crypto Czar, David Sacks, said his team is looking into the feasibility of having a Strategic Bitcoin Reserve. As a result, everything about the handling of…
Why S Naren of ICICI AMC wants you to avoid SIPs in these funds | Mint
Source: Live Mint Investors should avoid systematic investment plans (SIPs) in small cap and mid cap mutual funds right now and even consider redeeming their investments in such funds as valuations are ‘absurd’, S Naren, executive director and chief investment officer of ICICI Prudential Asset Management Company, said on 25 January at an event organised…
Ethereum L2s will be interoperable ‘within months’: Complete guide
Source: Coin Tegraph Ethereum is finally about to solve the interoperability problems that have plagued the ecosystem since it embraced the L2 scaling roadmap. Read Full Article
Amazon announces February product event
Source: The Verge Amazon sent out invites today for a February event in New York City. The invite gives few clues as to what will be announced at the event, which will be hosted by Panos Panay and the Amazon Devices & Services team on February 26th. However, a blue swirly logo behind the words…
Trump tariff impact: Rupee emerges worst-performing Asian currency YTD ahead of RBI MPC’s interest rate verdict | Stock Market News
Source: Live Mint Asian currencies also slumped after the dollar rallied on Trump’s sweeping tariffs that impose a 25% levy on Mexican and Canadian imports into the U.S., while those from China will attract a 10% charge. The tariffs kick in on Tuesday. While intermittent dollar sales from state-run banks helped limit the rupee’s decline,…
8 Nations, including South Korea, Taiwan, France and others, restrict Chinese AI DeepSeek, raising data privacy concerns | Mint
Source: Live Mint South Korea’s industry ministry has become the latest government to restrict access to the Chinese artificial intelligence startup DeepSeek, citing security concerns. The ministry issued a temporary ban on employee access to the AI service, urging ministries and agencies to exercise caution when using generative AI technologies like DeepSeek and ChatGPT. This…
The Gemini AI app can now show its thinking
Source: The Verge Google is bringing its experimental “reasoning” artificial intelligence model capable of explaining how it answers complex questions to the Gemini app. The Gemini 2.0 Flash Thinking update is part of a slew of Gemini 2.0 AI rollouts announced by Google today, including its latest Gemini 2.0 Pro flagship model. This comes as…
Google drops AI weapons ban—what it means for the future of artificial intelligence
Source: Venture Beat Google removes AI weapons ban from its ethical principles, sparking debate over Silicon Valley’s approach to AI safety and raising concerns about responsible technology development in the military and surveillance sectors. Read Full Article