4j yang lalu
Meta develops centralized AI spending controls as internal usage costs surge
Meta is building a centralized system to monitor and limit employee AI usage after internal spending rose faster than expected, with full token controls targeted for 2027. A memo sent to roughly 6,000 staff outlines budgets, caps, and automated alerts for unusual spikes, while phasing out internal usage leaderboards tied to “tokenmaxxing.” The company said internal AI adoption is climbing quickly and it could be spending tens of billions on employee AI usage in 2026.
4j yang lalu
2h yang lalu
Shanghai gold futures drop over 4% on June 11 as China's broader commodities rise
Shanghai Futures Exchange gold contracts fell more than 4% at the open on June 11, pulling silver lower even as many of China's energy and industrial futures moved higher. Spot gold slid to $4,022.09 per ounce before settling at $4,089.12 after short covering. Traders also priced in a greater than 70% chance of U.S. rate hikes in coming months, while Middle East supply risks helped lift oil-linked contracts.
BTC
BTC+0.28%
2h yang lalu
6-9
Sahara AI rejects insider-selling claims after SAHARA slides nearly 60% on June 9
SAHARA fell nearly 60% within hours on June 9, briefly touching $0.07 as large on-chain transfers fueled fears of insider selling. Sahara AI said team and investor allocations were unchanged on-chain, and attributed the movements to liquidity provisioning for its Chainlink CCIP bridge between Ethereum and BNB Chain. Attention is also turning to a scheduled unlock of about 1.03 billion SAHARA tokens on June 26, 2026.
SAHARA
SAHARA-4.00%
6-9
6-8
Global tech shares slide as KOSPI drops 8.3% and Nasdaq falls 4.2%
Global technology stocks sold off on Monday, wiping out weeks of gains as investors reduced exposure to AI-linked equities amid higher US rate-hike odds and fresh Middle East tensions. South Korea's KOSPI fell 8.3% with circuit breakers triggered twice, while Japan's Nikkei 225 slipped nearly 4% after the Nasdaq Composite dropped 4.2% on Friday. The move followed stronger US jobs data that pushed the two-year Treasury yield up more than 11 basis points and came alongside a cautious forward view from Broadcom.
6-8
6-8
Bitwise CEO Hunter Horsley urges crypto investors to prioritize fundamentals on June 8
On June 8, Bitwise Asset Management CEO Hunter Horsley urged crypto investors to look beyond short-term price swings and judge projects by fundamentals such as adoption and execution. He said the message matters as Bitcoin trades around $62,800 and crypto has lagged the AI-led equity rally, including a Nasdaq-100 gain of 43%. Bitwise also highlighted that regulation, including the proposed CLARITY Act, remains a key variable for broader institutional participation.
BTC
BTC+0.28%
6-8