Coinbase is cutting about 14% of its global workforce, roughly 700 jobs, while simultaneously expanding in Singapore, where it opened a new office at One Raffles Quay on July 22, 2026, and plans to gr…
Moonshot AI has paused new signups for its Kimi K3 chatbot just four days after its July 16 launch, citing overwhelming demand that strained GPU infrastructure. The Beijing-based startup said existing…
Chinese AI startup Moonshot AI temporarily paused new subscriptions for its Kimi K3 model after demand pushed GPU capacity to its limits, the company announced on X. The model, released on Friday as a…
Coinbase reports that 95% to 100% of its code is now AI-assisted, up from 40% in February 2026, according to the crypto exchange. The company says its current AI deployment is equivalent to the output…
Coinbase CEO Brian Armstrong admitted that Base's content coin initiatives failed, saying the company 'messed up' and has shifted focus to infrastructure, payments, and AI agents as part of a broader …
OpenAI CEO Sam Altman said at the Sun Valley Conference that AI spend is a major topic, with everyone asking how to reduce costs or increase value. He noted that OpenAI's new GPT-5.6 family, including…
Coinbase sent an AI-generated alert claiming Norway beat Brazil 3-2 before the World Cup match had started, according to CoinDesk and Decrypt. The final result was 2-1 for Norway. Coinbase said it fix…
Coinbase sent an AI-generated breaking news alert claiming Norway beat Brazil 3-2 in the World Cup before the match started, but the actual score was 2-1. The hallucinated alert drew criticism for its…
Beehiiv, a newsletter platform startup, has rapidly scaled to challenge established competitors by offering integrated monetization and growth tools, attracting over 487,000 subscribers to its own new…
The US government is preparing to investigate and potentially restrict American companies' use of Chinese-made AI models, citing concerns that they advance Beijing's narratives and censor dissent. The…
Coinbase's AI system falsely reported a 3-2 Norway victory over Brazil in a World Cup match before the game started, which was delayed due to weather. The AI hallucinated the result, including two goa…
Coinbase's AI system sent users a false alert reporting Norway defeated Brazil 3-2 in a World Cup match hours before kickoff. The company fixed the error and updated its systems to prevent future inac…
Coinbase CEO Brian Armstrong proposed a radical solution for the US $36 trillion debt crisis, suggesting constitutional amendments, special economic zones, and growth driven by AI, robotics, and crypt…
AI startups and Big Tech companies are shifting from 'tokenmaxxing'—encouraging maximum AI usage—to 'modelmaxxing,' a cost-saving strategy of routing simple tasks to cheaper models and complex ones to…
Coinbase CEO Brian Armstrong revealed the company operates 1,200 full-time AI agents, restructuring engineering pods to include two to four humans and ten agents. Code shipped per developer has double…
Palo Alto Networks CEO Nikesh Arora warns that 90% of employees at large companies lack AI skills, creating a 'Darwinian moment' where workers must evolve or face career obsolescence. Arora is hiring …
A startup co-founder reveals their team spent $10,000 per week on AI coding agents from Anthropic, Cursor, and OpenAI, prompting a cost-cutting shift to balance velocity with spending as the industry …
Coinbase CEO Brian Armstrong argues that AI will enhance software security by enabling defenders to scan all code before production, flipping the traditional attacker-defender imbalance. Coinbase has …
Most AI agent teams prioritize model selection over system architecture, but the key to cost efficiency is a router that directs 70-80% of traffic to local or async models, cutting AI spend by 90%. Co…
Coinbase halved its AI spending without restricting engineer access, CEO Brian Armstrong revealed on X. The company achieved this by routing traffic to cheaper open-weight models like GLM 5.2 and Kimi…