Asian stocks track Wall Street rally as oil prices decline
Asian shares mostly rose in early Friday trading, getting a lift from a rally on Wall Street as well as declining oil prices.
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Lena Ortiz
339 STORIESLena writes about film, media, books, museums and the cultural spaces that bring communities together.
Base Labs launches open-weight AI safety partnership with Hugging Face and Goodfire
Base Labs, the research group Baseten spun up earlier this year, will develop and publish methods for training and monitoring open models.
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Bank of Japan hikes rates to 31-year high to battle inflation
Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high.
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PrismML Aims to Shrink LLMs So They Can Run on Phones and PCs
AI lab PrismML has released Bonsai 2 27B, a compressed version of Alibaba's Qwen3.8 27B that fits on a PC and possibly a high-end smartphone.
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Bitcoin falls below $76,000 as US Senate blocks CLARITY Act crypto bill
Bitcoin fell almost 4% over 24 hours to below $76,000 after the US Senate blocked the CLARITY Act late on Tuesday, derailing more than a year of bipartisan negotiations and leaving the crypto industry without the federal rulebook it has pursued for years.
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Unredacted Filings: Microsoft Exec Called AI Scraping 'Theft' as OpenAI Faces Copyright Suit
Newly unsealed court filings show Microsoft privately called OpenAI's data practices "theft" while both companies allegedly scraped paywalled Times content, built datasets from it, and warned internally it would gut publishers.
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