BitcoinWorld Reddit’s Strong Quarter Overshadowed by AI-Driven Traffic Concerns Reddit reported a strong second quarter on Thursday, with total revenue of $805 million jumping 61% year-over-year and net income surging 183% to $253 million — beating Wall Street expectations. But the stock fell more than 10% in after-hours trading after CEO Steve Huffman warned in …
BitcoinWorld AI hedge fund Situational Awareness sells public portfolio to Citadel, holds onto Anthropic stake Situational Awareness, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has sold the majority of its public stock portfolio to Ken Griffin’s Citadel following steep losses over the past month, the Wall Street Journal reported on Thursday. …
BitcoinWorld Cloud Hosts Are the AI Winners Investors Actually Trust Amazon reported better-than-expected second-quarter earnings on Thursday, sending its stock up nearly 10% in after-hours trading as investors rewarded the company’s strong cloud revenue growth and signaled a clear preference for infrastructure providers over AI labs in the current market. Net sales rose 20% year …
BitcoinWorld Judge Rules Trump Administration Still Lacks Evidence for Anthropic ‘Supply Chain Risk’ Label A federal judge ruled Thursday that the Trump administration has failed to provide sufficient evidence to justify labeling AI company Anthropic a supply chain risk, a designation that would ban the federal government from using the company’s technology. U.S. District Judge …
BitcoinWorld Friend AI wearable returns with voice and a much higher price tag Friend, the AI-powered wearable designed to combat loneliness, is relaunching with a significant upgrade and a substantially higher price. Founder Avi Schiffmann announced Friend 2.0 on Thursday, introducing a built-in speaker that gives the device a consistent, audible personality. The new version …
BitcoinWorld Google fixed more Chrome bugs in June than in the past two years combined, citing AI tools Google patched 1,072 security flaws in its Chrome browser across two versions released in June 2026, surpassing the total number of bugs fixed in the previous 23 versions over two years, which stood at 1,036. The company …
BitcoinWorld Microsoft CEO Nadella Warns Enterprises Against AI Model Lock-In, Pitches Own Models as Safer Alternative Microsoft CEO Satya Nadella has publicly intensified the company’s competitive stance against its own investees, OpenAI and Anthropic, warning enterprise customers that relying on a single frontier AI model poses significant security and strategic risks. During Microsoft’s quarterly earnings …
BitcoinWorld Mark Zuckerberg says billions will use personal AI agents within five years — but Meta’s costs are soaring Meta founder and CEO Mark Zuckerberg told investors on Wednesday that he expects billions of people to use personal AI agents within the next five years, a prediction that comes as the company faces mounting costs …
BitcoinWorld Zuckerberg Details Meta’s Expansive Enterprise AI Ambitions Beyond Business Agents Meta CEO Mark Zuckerberg told investors on the company’s second-quarter earnings call that the tech giant’s enterprise AI opportunity extends well beyond the business agents it launched in June. The company sees a large market for selling APIs, business agents, and even direct compute …
BitcoinWorld Bitcoin World Disrupt 2026 AI Stage tackles pricing, security, and the rise of GTM engineering Bitcoin World Disrupt 2026, scheduled for October 13–15 at San Francisco’s Moscone Center, will dedicate a full stage to artificial intelligence, addressing the most pressing challenges founders face as AI reshapes business models, security frameworks, and go-to-market strategies. The …
