News & Resources
US lawmakers introduce the National AI Commission Act
US lawmakers are pushing a bipartisan bill (National AI Commission Act) to regulate the emerging Artificial Intelligence industry and catch up with competitors like the EU while dealing with the risks involved. The bill seeks to create a commission under the Federal government and oversee AI building, distribution, and usage.
Elon Musk meets with India’s Prime Minster for business deliberations
Elon Musk has met with India’s Narendra Modi for deliberations on business and investment opportunities as he gears up to invest in the country. The meeting occurred on June 21, 2023, days after he visited France, Italy, and China for similar purposes.
BNB Chain gets a layer 2 scaling solution powered by Optimism
BNB Chain has lived on to welcome innovations and increase its footprints in the crypto space. It’s now welcoming opBNB, an optimism-powered layer 2 scaling solution.
Warren Buffett’s Berkshire Hathaway ups stakes in 5 Japanese trading firms
Berkshire Hathaway seems pretty convinced by Japanese markets after bagging over $17B to add its stakes in five different Japanese trading firms. Berkshire Hathaway said on June 19 that its wholly-owned subsidiary National Indemnity Company had increased its stake in five Japanese trading firms to average more than 8.5%.
Central Banks differ in taming inflation and dealing with recession fears
Central Banks worldwide have showcased commitment to dealing with wild inflation and evading possible reversed GDP growth. These efforts are necessary as costs of living are increasing in the short term, and if no action gets taken, they could go wild in the future, crippling the basic functioning of the economies in question.
Fidelity Investments to follow BlackRock and file for an iShares Bitcoin ETF
Fidelity Investments is rumoured to be planning on filing for an iShares Bitcoin ETF on top of acquiring troubled digital assets manager Grayscale. The news comes at a time when the crypto space is anticipating the swarming of TradFi institutions into the crypto industry following an initial bold move by BlackRock.
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Analysis
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Analysis
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Analysis
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Analysis
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Analysis
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