Can AI Beat the Sports Betting Market? 8 of the Top Models Tried
KellyBench put Claude, GPT-5, Gemini, and Grok through a full Premier League season of betting. Not one turned a profit. Here’s why. Source: Decrypt
After sale of its shoe business, Allbirds pivots to AI
Allbirds is ditching wool sneakers for AI servers, rebranding as NewBird AI after locking in a $50M convertible financing facility. Source: AI News & Artificial Intelligence
Allbirds Stock Spikes 400% on Pivot From Shoe Brand to AI Compute—Yes, Really
Sustainable footwear company Allbirds will rebrand as NewBird AI and enter the GPU-as-a-service market. Investors love the pivot. Source: Decrypt
Allbirds abandons sneakers in pivot to AI computing, shares surge 300%
The footwear brand plans reinvention as Newbird AI with a $50 million convertible in a sign of the broader market shift into GPU infrastructure. Source: CoinDesk
TeraWulf stock declines on $900 million share sale to fund AI data center expansion
The shares had been on a big run higher, rising more than 50% since late March. Source: CoinDesk
CoinDesk 20 performance update: AAVE rises 4.3% as trades flat
Aptos (APT), up 3.8% since Tuesday, joined Aave (AAVE) as a top performer. Source: CoinDesk
Reid Hoffman weighs in on the ‘tokenmaxxing’ debate
Reid Hoffman says tracking AI token use can gauge adoption, but cautions it should be paired with context and not treated as a direct productivity metric. Source: AI News & Artificial Intelligence
Beyond ‘digital gold,’ Iran conflict forces a rethink of the nature of bitcoin
Bitcoin’s 12% gain since the Iran war began isn’t a risk-on trade. It’s the market repricing bitcoin’s role as a neutral settlement layer, Bitwise’s CIO argues. Source: CoinDesk
Pakistan lifts seven-year ban, allowing banks to service crypto providers
Pakistan sent a letter to all banks and financial regulatory firms notifying them that they may provide crypto services,, but remain barred from trading or holding crypto assets. Source: CoinDesk
Adobe’s new Firefly AI assistant can use Creative Cloud apps to complete tasks
Adobe says the assistant can work across apps like Firefly, Photoshop, Premiere, Lightroom, Express, Illustrator and its other apps to do tasks for you. Source: AI News & Artificial Intelligence