Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

Ripple’s XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images The price of Ripple’s XRP token jumped Thursday after Grayscale announced the launch of a new trust that gives accredited investors direct exposure to the … Read more

Trump raises more than $4 million in bitcoin, other cryptocurrencies

Trump raises more than  million in bitcoin, other cryptocurrencies

Republican Presidential nominee and former President Donald J. Trump holds campaign rally at the Van Andel Arena in Grand Rapids, Michigan on July 20, 2024.  Bill Pugliano | Getty Images News | Getty Images NASHVILLE — Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a major bitcoin conference. … Read more

Crypto firm Circle gets French license for stablecoin

Crypto firm Circle gets French license for stablecoin

Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle said Monday it’s now registered as an electronic money institution, or EMI, in France, granting the firm a key license to become a compliant … Read more

Inside the secret parties of the elite world

Inside the secret parties of the elite world

Countries and companies rent out storefronts on the Promenade in Davos, Switzerland during the World Economic Forum CNBC DAVOS, Switzerland — For as long as countries and companies have rented out chalets and storefronts on the Promenade of the small Swiss ski village that hosts the World Economic Forum, ancillary programming hosted beyond the reaches … Read more

Saudi Arabia goes big in Davos as it looks to become a top AI tech hub

Saudi Arabia goes big in Davos as it looks to become a top AI tech hub

A pop-up showcasing Saudi Arabia’s Neom development features among the most prominent on the Davos promenade in 2024. CNBC DAVOS, Switzerland — For years, the United Arab Emirates has been the Middle East’s go-to tech hub, thanks partly to its lack of personal income tax, flexible visa policies, and competitive incentives for international businesses and … Read more

India goes big to woo investors at World Economic Forum

India goes big to woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

AI will be fine regardless of who wins White House

AI will be fine regardless of who wins White House

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — OpenAI founder and CEO Sam Altman said generative artificial intelligence as a sector, and the U.S. as a country are both “going … Read more

India goes big too woo investors at World Economic Forum

India goes big to woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

AI models don’t need publishers’ data

AI models don’t need publishers’ data

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — Sam Altman said he was “surprised” by the New York Times’ lawsuit against his company OpenAI, saying its artificial intelligence models didn’t need to train on the … Read more

Generative AI dominates Davos discussions as companies focus on accuracy

AI models don’t need publishers’ data

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023.  Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — The rise of generative artificial intelligence has dominated private and public discussion at the World Economic Forum as the world’s largest technology … Read more