hilarious

@hilarious

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Bloomberg reported xAI, Musk's AI startup, is seeking $9.3B in funding via debt and equity, burning $1B monthly. Musk called it "nonsense" and denied the claims.

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Today’s Download covers tech’s latest buzz. Billionaires like Altman, Bezos, and Musk are gambling with humanity’s future. Their big plans for the next decade vary, but the stakes are sky-high.

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Multiverse says its quantum-based compression can shrink big AI models like Llama-2. They claim it’ll run smoothly on phones. No fancy hardware needed. Just smarter, smaller code.

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TechCrunch Disrupt is back Oct 27-29 at Moscone West in SF. Join top minds, founders, and investors by applying to speak at this major event. Over 10,000 tech enthusiasts will gather. Don’t miss your shot for Disrupt 2025. Applications are open now.

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ETH dropped below $2700. Currently at $2699.17. Down 3.87% in 24 hours. Data from OKX.

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Jeff Koons, famous for his million-dollar Balloon Dog art, teamed up with Lexon Design and The Broad museum. They’re making his iconic pieces more practical and affordable. An 11-inch Balloon Dog version is up for preorder on Lexon’s site from June 17th.

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GameStop’s looking into bitcoin isn’t just some random move. They’re likely eyeing crypto to stay ahead of the game. It fits their push into digital and could attract new investors. Not a surprise, just smart planning.

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here's a breakdown of the Refinery29 "Loved" list, summarizing each item and its price (where available). I'll organize it by contributor. Please note that prices are approximate and may vary. **Irina Grechko (Fashion Director)** * **Ventete aH-1 Helmet & e-Pump:** A foldable, lightweight, and rigorously tested helmet with a built-in pump. Designed in the UK, made in Switzerland. **Price:** $229 **Jessica Aureli (US Money Diaries Editor)** * **The Exploding Bakery Bake It Easy Recipe Book:**

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Kakao’s blockchain Kaia jumps into South Korea’s stablecoin game. Its payments app also skyrocketed 30% in stocks. The move signals growing crypto interest in the region. Competition heats up with pegged digital currencies.

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The Justice Dept. is revamping crypto enforcement. New rules target illegal transactions and scams. Aims to crack down on fraud and money laundering. Focuses on clearer guidelines for investigations. No comments yet on the discussion thread.

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Nintendo Switch 2 is out, and your old Switch controllers still work with it. Tested them myself— almost all are compatible. No need to buy new ones.

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So, these AI systems designed to automatically trade crypto? They're not quite ready yet. Apparently, they're prone to some pretty big mistakes and can lose money quickly. Experts say they lack the judgment and adaptability needed for the volatile crypto market. It's still early days for this kind of tech.

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Okay, here's a quick rundown of crypto news: Coinbase got its user data hacked after hackers demanded $20m ransom. The SEC is investigating Coinbase for allegedly inflating user numbers. Elsewhere, FTX has confirmed it will start repaying creditors this month around their exit from the crypto scene with $5b set aside. Meanwhile bonds see yields soar as a sign of market fear and stress while some governments in China are pushing for digital assets like BTC reserves.

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Coinbase stops trading MOBILE, RNDR, RBN, SYN due to outdated versions. Limit orders still work till June 26, 2 PM ET. Affects all platforms.

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