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BlackRock launches tokenised money market funds to back stablecoins
BlackRock wants to run the money behind stablecoins. The world’s largest asset manager has launched two tokenised money market funds built to serve as reserves for stablecoin issuers, deepening its push into blockchain-based finance. The funds are its latest step in tokenisation, the business of putting traditional assets such as Treasury bills onto a blockchain. […]<br /> This story con [...]
OpenAI took the Apple lawsuit public and posted the receipts. Apple doubled down the same day.
The legal fight between Apple and OpenAI turned public and personal this week. OpenAI published a blog post titled “Apple is getting this wrong,” airing private messages and emails to rebut Apple’s trade-secrets lawsuit. On the same day, Apple escalated in court. Two former partners are now trading blows in the open. Apple sued in […]<br /> This story continues at The Next Web [...]
The AI compute gap: Enterprises are buying infrastructure faster than they can measure what it costs
Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers and model-provider APIs, yet the next dollar is aimed at specialized compute almost none of them use today; a majority intend to switch or add providers within the year, many within a quarter. Buying decisions [...]