The U.S. Federal Trade Commission is conducting an industry-wide investigation into OpenAI, Anthropic, and other artificial intelligence developers over potential risks their technologies pose to consumers, marking the first formal U.S. enforcement action focused on the emerging threat from autonomous AI agents. A senior FTC official told Reuters on Wednesday that the agency plans to […] The post FTC Opens Broad AI Probe Into OpenAI, Anthropic Over Risks From Rogue Agents appeared first on Tekedia.

The cryptocurrency industry is once again confronting two very different but closely connected themes: the resilience of digital-asset infrastructure and the growing institutionalization of crypto-related financial markets. Bitget’s decision to reopen Bitcoin withdrawals following a reported $387 million hack has placed renewed attention on exchange security, liquidity, and user confidence. At the same time, Kalshi […] The post Crypto Markets Face a Test of Confidence as Bitget Reopens Withdrawals and Kalshi Targets a $40 Billion Valuation appeared first on Tekedia.

The relationship between traditional finance and the cryptocurrency industry is entering a new phase, illustrated by two significant developments involving Citi, Coinbase and congressional oversight of digital-asset markets. While Citigroup is working to make stablecoin payments more accessible to institutional businesses, Representative James Comer is expanding an investigation into potential insider trading and suspicious activity […] The post Citi and Coinbase Expand Stablecoin Payments as James Comer Broadens Crypto Probe appeared first on Tekedia.

Michael Burry, the investor made famous by The Big Short, has escalated his warnings about the artificial intelligence boom, saying this time that a severe market downturn that prevents OpenAI and Anthropic from going public would be beneficial to humanity. “For the benefit of humanity, the markets should tank hard and prevent the OpenAI and […] The post Michael Burry Says Market Should Crash and Block OpenAI, Anthropic IPOs “For the Benefit of Humanity” appeared first on Tekedia.

The U.S. Federal Reserve on Wednesday finalized changes to its annual stress tests for large banks, moving to make the closely watched examinations more transparent and reduce sharp year-to-year swings in the capital requirements imposed on major lenders. The changes largely mirror proposals released by the central bank a year ago after years of complaints […] The post U.S. Fed Overhauls Bank Stress Tests To Curb Capital Swings And Make Results More Predictable appeared first on Tekedia.

China has warned the European Union that it will take a “resolute response” to protect Chinese industries if Brussels moves ahead with new restrictions on Chinese companies or products, raising the risk of another escalation in trade tensions between the two economies. China’s Ministry of Commerce said the reported EU initiative amounted to a “typical […] The post China Warns EU of “Resolute Response” as France and Germany Push Tougher Trade Tool appeared first on Tekedia.

Oil prices rose on Wednesday and were on course for a strong monthly gain as stalled U.S.-Iran talks kept geopolitical risk elevated, while tight fuel markets continued to support prices even as crude supplies from the Middle East recovered. Brent’s November contract, which expires on Wednesday, was up 57 cents, or 0.6%, at $103.16 a […] The post Oil Set for Strong Monthly Gain, Dollar Rises as Stalled Iran Talks Keep Energy Markets Tight appeared first on Tekedia.

The financial landscape is undergoing a notable transformation as traditional trading platforms and digital-asset markets increasingly converge around continuous access, artificial intelligence, and blockchain-based investment products. Two developments announced this week illustrate this shift particularly clearly: Robinhood’s new trading and AI initiatives unveiled at its HOOD Summit, and Bitwise’s launch of the first U.S. spot […] The post Robinhood Introduces AI-Powered Trading as Bitwise Launches NEAR ETF appeared first on Tekedia.

Global bonds edged higher on Wednesday but remained on course for their worst month in years as deteriorating government finances, heavy debt issuance and persistent inflation pushed borrowing costs higher, while the seven-month-old US-Israeli war with Iran continued to keep energy prices elevated. The bond selloff has become one of the most striking developments across […] The post Global Bonds Head for Worst Month in Years as Rising Yields Challenge Resilient Stocks appeared first on Tekedia.

The artificial intelligence industry continues to accelerate, with companies competing not only to build increasingly capable models but also to establish entire ecosystems around them. Recent developments illustrate this trend: OpenAI’s reported launch of GPT-6.1 Sol, its always-on AI agent Dot, and more than 20 products unveiled at DevDay. Alongside EliseAI’s $350 million funding round […] The post OpenAI’s DevDay Ambitions and EliseAI’s Major Funding Round appeared first on Tekedia.

UNDER EMBARGO October 1, 2026 LeveX has launched Harvest Your Gains, the first in a new series of monthly trading tournaments. Running from October 1 to October 31, 2026, the competition pays out a $5,000 prize pool as a Cash Bonus in USDT across three leaderboards, with the top 25 traders on each board rewarded. […] The post LeveX Makes Trading Tournaments Monthly, Opening With a $5,000 Cash Competition appeared first on Tekedia.

Chinese artificial intelligence company DeepSeek has partnered with Huawei Technologies to develop programming infrastructure optimized for Huawei’s Ascend AI processors, strengthening efforts by China’s technology industry to build an alternative to Nvidia’s dominant AI computing ecosystem. DeepSeek said Wednesday in a post on its official WeChat account that it is open-sourcing programming infrastructure for Huawei’s […] The post DeepSeek Partners With Huawei to Build AI Software Ecosystem Around Ascend Chips appeared first on Tekedia.

Elon Musk says artificial intelligence could eventually usher in an “age of abundance” in which robots and superintelligent AI dramatically increase access to income, goods and healthcare, although he expects the nature of employment to change significantly. Speaking to reporters after a meeting of technology executives at the White House on Tuesday, the Tesla and […] The post Elon Musk Predicts AI Could Create, “Age Of Abundance”, A Future Of ‘Universal High Income’ And Better Healthcare appeared first on Tekedia.

Michael Burry, the investor whose bet against the US housing market became famous through The Big Short, is bringing forward his timeline for a potential collapse in the artificial intelligence boom, warning that mounting debt, aggressive data-center spending and higher interest rates could expose weaknesses across the AI investment chain. In a Substack post on […] The post Michael Burry Moves Up AI Bubble Timeline, Warns Crash Could Come Within a Year appeared first on Tekedia.

U.S. President Donald Trump has called on Americans to trust artificial intelligence companies to police themselves, arguing that the industry can develop powerful AI systems without being constrained by heavy government regulation. Trump made the remarks after meeting with executives from some of the world’s largest technology and AI companies at the White House. The […] The post Trump Tells Americans to Trust AI Companies to Police Themselves appeared first on Tekedia.

James Hope University Partners with Global EdTech Leader Academia by Serosoft to Build a Next-Generation Digital Campus in Nigeria Academia by Serosoft, the globally recognised EdTech brand behind the award winning Student Information System, today announced a strategic partnership with James Hope University (JHU) in Nigeria. Located in the Twin Lakes Estate in Lekki, Lagos, JHU will implement Academia by Serosoft’s unified campus operating system, driving a comprehensive digital transformation to elevate the academic […] TechCity

BuuPass navigated a cofounder misappropriating over $100,000, COVID-19, multiple pivots in the past decade. Now, it processes $100 million in 2025.