Coinbase is exploring a platform overseas that would allow customers to trade cryptocurrency derivatives known as perpetual swaps, according to The Block . The crypto exchange has informed trading firms and market makers of its plans to launch the platform, and it will look to launch perpetual swaps as one of the first products, the report said. Derivatives trading, which allows investors to...
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AI Startups Are Facing a Reckoning
A reckoning may be coming for once-hot artificial intelligence startups. Among the most vulnerable: consumer apps (think Character.AI) and “thin wrapper” startups like CopyAI that merely provide a nice user interface on top of a third-party model from model developers like OpenAI. We got a sense of the slowdown last week, when Natasha and I reported that Jasper, an early generative AI...
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