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US Senate Unanimously Opposes Sam Bankman-Fried Pardon

The U.S. Senate has unanimously declared that Sam Bankman-Fried should never win clemency, passing a resolution on Wednesday that says the convicted FTX founder should "under no circumstances" receive a pardon or commut…

AI

Why Analysts Aren’t Worried About Coinbase’s 30% Drop

Coinbase (COIN) and Circle (CRCL) each rose roughly 3–4% on Wednesday after William Blair—a Chicago-based investment bank founded in 1935 that most equity investors know from tech and growth coverage—released a note sla…

AI

US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets

The U.S. Treasury's Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran's Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing ov…

AI

Meet Bonsai: The First 27B AI Model That Fits on Your Phone

I models eat up a lot of memory. A 27-billion-parameter AI model, considered medium-sized by industry standards, needs roughly 54 GB of memory to run on half precision. Most laptops can't hold that. Some desktop rigs ca…