Global crypto exchange Coinbase is the borrower behind Goldman Sachs’ first bitcoin-backed loan, Bloomberg reported on Tuesday. The loan, the firm’s first backed by the cryptocurrency, is a move that reflects Wall Street’s growing acceptance of digital assets. “Coinbase’s work with Goldman is a first step in the recognition of crypto as collateral which deepens the bridge between the fiat...
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Why the AI Race Is Getting Weird
There comes a point in every major new technology cycle where new alliances form, especially between the incumbents and the younger upstarts nipping at their heels.This is happening at superspeed in artificial intelligence—but the pattern is frankly pretty weird, and I think it points to the fact that AI, in a lot of ways, is going to be different from tech developments before it, like cloud...
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