Spot Ether ETFs grabbed headlines this summer, but they’re only the most visible sign of a more profound shift: institutional investors are fundamentally rewriting crypto’s market structure. As pensions, asset managers and banks scale their exposure, liquidity, pricing and risk management are increasingly following institutional playbooks rather than retail sentiment. This evolution compresses the “casino”…
Cohere, the Toronto-based A.I. startup, is riding a surge of investor interest. The company announced today (Sept. 24) that its valuation has climbed to $7 billion following a fresh $100 million capital injection. The new funding comes from the Business Development Bank of Canada and Nexxus Capital Management. It’s part of Cohere’s $500 million round…
The once-booming U.S. market for electric vehicles is slowing, but Uber CEO Dara Khosrowshahi isn’t fazed. Speaking today (Sept. 23) at the Concordia Summit in New York, he said Uber’s push into self-driving cars could act as a “catalyst” for EV adoption. Beyond safety and affordability, autonomous vehicles (AVs) offer another key advantage: sustainability. “The…
Since the 1960s, the story of technology has followed a familiar pattern. Innovation emerged in Silicon Valley garages, Boston laboratories or European cafés and gradually spread worldwide. Today, that pattern is changing. The future of tech is being equally developed in Abu Dhabi, Riyadh, Bengaluru and Jakarta. Innovation is decentralizing, and not only in terms…
For decades, software was built line by line by human hands. That process is changing fast because of A.I. According to Google’s latest annual DORA: State of A.I.-assisted Software Development report, released today (Sept. 23), 90 percent of technology professionals now use A.I. in their workflows, representing a 14 percent jump from last year. The…
Oracle has appointed not just one, but two new CEOs to help the software giant maintain momentum as it rides the A.I. revolution to unprecedented highs. The top executive role, currently filled by Safra Catz, will be jointly taken up by insiders Clay Magouyrk and Mike Sicilia going forward, announced Oracle today (Sep. 22). The…
Too much of today’s conversation about A.I. is stuck in the wrong frame. While pundits debate whether robots will steal jobs, the real question is much simpler: Can we prepare workers fast enough, or are we about to watch millions of people get economically steamrolled? Organizations like FlashPass are already experimenting with large-scale reskiling initiatives,…
When blockchain first emerged, it was treated as a “great leveler”—a system where anyone could build, trade and innovate without a green light from banks or tech giants. Exactly that vision powered the first crypto wave in the early 2010s and inspired hopes that a more democratic financial internet was within reach. But today,…
An emerging trend known as “vibe coding” is changing the way software gets built. Rather than painstakingly writing every line of code themselves, developers now guide an A.I. assistant— like Copilot or ChatGPT—with plain instructions, and the A.I. generates the framework. The barrier to entry drops dramatically: someone with only a rough idea and minimal…
A.I. agents are the next big platform shift in tech, on par with the dawn of the internet 30 years ago and the rise of mobile apps a decade ago, according to OpenAI chairman Bret Taylor, who also runs his own A.I. startup, Sierra. Speaking at the Skift Global Forum in New York City yesterday…
