U.S. senators won't be weighing in on prediction markets bets after banning themselves
The Senate agreed unanimously to revise its rules to ban members and their staffs from wagers on prediction markets platforms. Source: CoinDesk
Apple was surprised by AI-driven demand for Macs
Apple said it will be supply-constrained on Mac mini, Studio, and Neo in the next quarter, too. Source: AI News & Artificial Intelligence
Mistral AI Drops New Open-Source Model. The Internet Is Not Impressed, Except for One Thing
Mistral Medium 3.5 is the rare Western entry in the open-source top tier, but it costs multiples more than Chinese rivals that beat it on benchmarks. Source: Decrypt
Stablecoins overtake Bitcoin in Latin America crypto purchases — Bitso
A Bitso report shows shifting user behavior as dollar-linked stablecoins gain traction for everyday financial use across Latin America’s inflation-hit economies. Source: Cointelegraph
Elon Musk Says xAI Used OpenAI Models to Train Grok
The admission in federal court is a rare acknowledgment of the use of distillation techniques as AI firms compete to build more capable and cheaper models. Source: Decrypt
Bitcoin Crash Incoming? April Surge Was Built on Shaky Ground, Analysts Warn
Analysts warn that the Bitcoin rally was fueled by speculative futures trading, mirroring conditions that preceded the 2022 crypto crash. Source: Decrypt
Legal AI startup Legora hits $5.6B valuation and its battle with Harvey just got hotter
The two wildly fast-growing rivals have raised massive sums, pushed into each other’s home turf, and now have dueling ad campaigns. Source: AI News & Artificial Intelligence
OpenAI Rolls Out Advanced Account Security for ChatGPT Users
OpenAI’s new opt-in security feature requires passkeys, limits recovery options, and excludes chats from training. Source: Decrypt
Ubuntu Linux Is Adding AI Features—Its Users Are Worried
Canonical announced plans to bake AI into Linux’s most popular distro. The community that chose Ubuntu specifically to avoid this kind of thing was not thrilled. Source: Decrypt
From Cathie Wood to Cantor Fitzgerald, the big money is betting that Robinhood’s crypto slump is just a temporary speed bump
Cathie Wood’s Ark Invest snapped up over 500,000 shares of Robinhood on Wednesday, joining a wave of analysts who believe a surge in April trading activity will outweigh a recent earnings disappointment. Source: CoinDesk