Cypherium wants to turn idle AI GPUs into a new revenue stream Quartz By: Sheridan Hanson 22 October 2026 at 21:10 Cypherium’s COLOSSUS-X aims to help AI data centers monetize idle GPUs through blockchain mining and compute-based financial products.
AEREDIUM wants to keep AI agents from moving money and changing code without oversight Quartz By: James Roberts 22 October 2026 at 21:01 As AI agents take on more responsibility in software development and financial transactions, digital asset infrastructure companies introduce tools.
AI agents have learned to pay. Now comes the next step toward mass adoption Quartz By: Jake Cole 22 October 2026 at 20:30 AI agents rapidly adopt crypto payments, but mass adoption hinges on solving authority revocation, security, and legal liability.
7 of America's 10 youngest billionaires got rich from AI Quartz By: Cris Tolomia 22 October 2026 at 20:22 America’s youngest billionaires on the 2026 Forbes 400 are dominated by AI founders from Anthropic, OpenAI and Cognition, plus a Walmart heir and a Robinhood cofounder
Meta is creating a new non-voting stock class it could use to fund its AI buildout Quartz By: Cris Tolomia 22 October 2026 at 13:51 Meta plans a dividend of one Class C share per existing share, which it expects to work like a two-for-one split for Class A stock
Anthropic is unveiling a workplace AI agent to rival Meta Muse and OpenAI Dots Quartz By: Cris Tolomia 22 October 2026 at 13:20 Claude Duet, in a research preview for U.S. Pro and Max subscribers, sends daily briefs and runs tasks in the background
Meta has committed about $825 billion to future leases and contracts, many tied to AI Quartz By: Cris Tolomia 22 October 2026 at 13:20 Meta's filing lists $355.73 billion in future leases and $454.52 billion in non-cancelable commitments, mostly for cloud capacity and infrastructure
Huawei secured $2.25 billion offshore loan from Chinese banks as AI chip spending rises Quartz By: Cris Tolomia 22 October 2026 at 12:40 The seven-year yuan loan from six Chinese lenders is Huawei's first offshore syndicated borrowing since 2020
Meta beat revenue expectations as its Muse AI agent surpassed 10 million users Quartz By: Cris Tolomia 22 October 2026 at 12:30 Meta forecast fourth-quarter revenue of $73 billion to $76 billion and narrowed its 2026 capital spending range to $135 billion to $145 billion
Swedish legal AI startup Legora raised $550 million at an $8.8 billion valuation Quartz By: Cris Tolomia 21 October 2026 at 18:50 Annual recurring revenue exceeds $200 million, and the new valuation compares with $5.6 billion at the previous round
AI research startup Flapping Airplanes raised $1 billion at a $6 billion valuation Quartz By: Cris Tolomia 21 October 2026 at 18:40 The round, led by Index Ventures and Lux Capital, values the year-old company at four times its January level
Better Ed Tech starts with giving teachers more time to actually teach Quartz By: Sheridan Hanson 21 October 2026 at 18:30 Better education technology reduces administrative burdens, preserves teacher judgment, and creates more time for personalized instruction.
New York City is proposing rules to ban AI customer service 'doom loops' Quartz By: Cris Tolomia 21 October 2026 at 14:30 The city's consumer agency would require businesses to disclose automated systems and offer a human, with fines starting at $525
OpenAI is rolling out ChatGPT ads in 26 more countries, bringing its total to 89 Quartz By: Cris Tolomia 21 October 2026 at 14:30 The expansion adds 14 Latin American countries and markets in Europe, Africa and Asia, and 100,000 advertisers have run campaigns
OpenAI acquired biotech startup Orchestra Bio to expand its life sciences AI tools Quartz By: Cris Tolomia 21 October 2026 at 14:20 OpenAI will fold Orchestra's team and technology into Rosalind, its AI models and tools for life sciences researchers
Meta's Muse AI agent surpassed 10M U.S. downloads in 40 days, outpacing rival AI apps Quartz By: Cris Tolomia 21 October 2026 at 14:10 Meta's AI agent kept a larger share of U.S. users after 7 and 14 days than ChatGPT, Claude and Grok averaged, data shows
Citadel's Ken Griffin said investors are 'almost certainly' in an AI bubble Quartz By: Cris Tolomia 21 October 2026 at 13:50 Griffin said bubbles coincide with major technological shifts and that AI will lead to new U.S. business formation
OpenAI will make its AI models available on Google Cloud in the coming weeks Quartz By: Cris Tolomia 21 October 2026 at 13:30 Google Cloud customers will be able to buy the models through its Model Garden and Marketplace using existing spending commitments
Jensen Huang is urging Europe's industries to become AI companies at GTC Berlin Quartz By: Cris Tolomia 21 October 2026 at 13:20 Nvidia introduced DSX POD, a modular AI factory design that the company says cuts deployment time to as little as 14 days
Southeast Asia's digital economy is on track for 17% growth to $368 billion on AI Quartz By: Cris Tolomia 21 October 2026 at 13:10 The e-Conomy SEA 2026 report from Google, Temasek and Bain & Company puts the region on track to exceed $1 trillion by 2035