OpenAI CEO Sam Altman predicts a massive surge in AI token consumption, with individuals potentially using 500 billion tokens per month by 2033, up from 100,000 in 2019. AI tokens measure the data processed by language models, and this growth reflects AI becoming a utility like electricity. Some users already consume hundreds of billions of tokens monthly, incurring costs over $1 million. This rise is driven by "constant running proactive AI," where AI operates continuously in the background, not just on demand, signaling a shift in how AI integrates into daily life and business.
Toast CEO Aman Narang sold 138,000 shares of the company, raising $4.9 million. This sale comes as Toast's stock price has fallen 24%, signaling potential concerns or profit-taking by insiders. The move may impact investor sentiment and raise questio...
Santiment reports a surge of 2.27 million new Bitcoin wallets in one week, triggered by a security vulnerability in Coldcard hardware wallets. This caused many users to move their coins to new wallets as a defensive measure, reflecting a sharp rotati...
Nvidia reported a strong Q1 FY27 with $81.6 billion in revenue, up 85%, and a 140% increase in non-GAAP EPS, signaling robust growth beyond Big Tech reliance. The company now earns $37 billion from AI, industrial, and enterprise sectors, diversifying...
Bitcoin's price remained stable around $64,800 despite a major Coldcard hardware wallet hack causing significant losses and debates on self-custody risks. The CLARITY Act, aimed at crypto regulation, faces delays with a vote pushed to September and u...
Procter & Gamble (P&G) announced its 70th consecutive annual dividend increase, raising the payout by 3% to a forward yield of 3%. Despite market concerns over tariffs, commodity costs, and interest expenses impacting FY2026 guidance, P&G's strong ca...
