Coinbase Cuts 660 Jobs: Armstrong Bets Big on AI
Coinbase is cutting 660 jobs, 14% of its workforce. Brian Armstrong cites AI efficiency as the driver, with Q1 revenues expected down 26%.
AI
AI is the driving force behind modern innovation, transforming the way we interact with data and technologies.
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Manfred: First AI Agent to Found a Company in the USA
ClawBank's AI agent Manfred incorporated as a U.S. LLC on May 1, 2026, securing an IRS EIN and an FDIC-insured bank account autonomously. Autonomous trading…
ITA Airways AI Cuts 22,100 Tonnes of CO2 in 2025-2026
ITA Airways has deployed SITA OptiFlight across its full fleet, cutting over 22,100 tonnes of CO₂ and 7,100 tonnes of fuel in 2025-2026 using real-time AI.
Google Trains 13,000 Italian Students on AI with $2M Grant
Google.org commits $2 million to train at least 13,000 Italian students on AI via NewFutures:AI. Roma Tre, Salerno, and Sassari are the first three…
Musk Testifies Against OpenAI: Three Days, $130 Billion Demanded
Musk testified for three days in Oakland against OpenAI, demanding $130 billion and Altman's removal. His own contradictions made it a difficult stand.
GPT-5.5 by OpenAI: Agentic AI Enters Banking and Crypto
GPT-5.5, released by OpenAI on April 23, 2026, scores 82.7% on Terminal-Bench 2.0. Bank of New York has deployed it across 220 use cases.
Project Eleven Awards 1 BTC: Bitcoin's Q-Day Is Getting Closer
Researcher Giancarlo Lelli cracked a 15-bit ECC key on cloud quantum hardware, winning 1 BTC. An estimated 6.9 million Bitcoin are already on-chain exposed.
Coinbase Launches AI Agents Modeled on Former Employees
Coinbase is testing AI agents modeled on Fred Ehrsam and Balaji Srinivasan inside Slack and email. Armstrong predicts more bots than human employees soon.
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