Non-farm payrolls and unemployment data in the US
Non-farm employment in the US increased by 227 thousand people in November, exceeding expectations. The unemployment rate rose from 4.1 percent to 4.2 percent. In the markets, the probability of the US Federal Reserve (Fed) to cut interest rates increased from 67 percent to 85 percent.
by Darkex Research – 1 min read
Bitcoin will surpass gold in 10 years: Bernstein analysis
While Bitcoin’s surpassing the $100,000 mark had a great repercussion in the financial world, analysts at Bernstein made an ambitious prediction and stated that the largest cryptocurrency will surpass gold as a store of value within 10 years. Analysts called Bitcoin “the store of value of the new era”.
by Darkex Research – 1 min read
Trump Nominates David O. Sacks as White House Director of Crypto and Artificial Intelligence
US President-elect Donald Trump announced the appointment of
David O. Sacks as “White House Director of Artificial Intelligence and Cryptocurrency”. Sacks will be responsible for the management of artificial intelligence and cryptocurrency policies and will aim to move the US to a leading position in these areas.
by Darkex Research – 1 min read
OpenAI CEO
Sam Altman said at the New York Times Deal Book Summit that he believes Elon Musk will not use his political influence to promote his artificial intelligence projects. “The use of political power to suppress competitors would contradict U.S. values,” Altman said.
by Darkex Research – 1 min read
XAI Completes Financing Round with $40 Billion Valuation
Elon Musk’s artificial intelligence company xAI has completed a new $6 billion financing round. According to documents filed with the SEC, 97 investors participated in the financing round. With this development, xAI’s market capitalization exceeded $40 billion.
by Darkex Research – 1 min read
