Duolingo announced on Wednesday that it beat its quarterly revenue estimates, even though the company faced widespread backlash for choosing to embrace generative AI over human workers. Duolingo stock rose almost 30% on the news. In April, CEO Luis von Ahn shared that Duolingo would become an “AI-first” company, phasing out its use of contract workers. He also discouraged teams from hiring more employees, unless the team is unable to automate more of its work. With the use of generative AI, Duolingo introduced 148 new language courses, more than doubling its previous offerings. “Without AI, it would take us decades…
Author: ₿e Proud
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is showing signs of renewed strength after a volatile week, gaining over 13% since last Sunday’s local low around the $3,350 level. After facing selling pressure and fears of a deeper correction, bulls have stepped back in, pushing the price higher and regaining control of short-term market momentum. The uptick in volatility has brought fresh attention to ETH, with analysts watching closely as the asset attempts to reclaim key resistance zones. The broader picture remains fundamentally strong. Institutional interest in Ethereum continues to grow, with large…
OpenAI has launched GPT-5, a new flagship AI model that will power the company’s next generation of ChatGPT. GPT-5, which was released Thursday, is OpenAI’s first “unified” AI model and combines the reasoning abilities of its o-series of models with the fast responses of its GPT series. The next-generation model signals a new era for ChatGPT — and its creator, OpenAI — pointing to OpenAI’s broader ambitions to develop AI systems that are more like agents than chatbots. While GPT-4 enabled AI chatbots to offer smart responses on a wide variety of questions, GPT-5 allows ChatGPT to complete a wide…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure More companies are beginning to add XRP to their corporate treasury balance sheets, signaling a shift in how public firms view the cryptocurrency. As the tide shifts in XRP’s favor, these companies are beginning to recognize its value not only as a utility token but also as a treasury asset. These developments come as XRP gains traction for its utility in real-time payments and blockchain-based financial infrastructure. XRP Adoption Grows Among Corporate Treasuries A recent update from crypto market analyst Bill Morgan, based on US SEC filings…
After a second-quarter earnings beat, Airbnb CEO Brian Chesky shared his thoughts on the company’s AI strategy, cautioning investors that AI chatbots can’t yet be thought of as the “new Google.” That is, AI chatbots, while potentially driving new leads to the travel and services business, aren’t entirely a replacement for the referrals that the dominant search engine brings. At least not at this time. “I think we’re still kind of feeling out the space,” the exec told investors on the Q2 earnings call. “The thing I want to caution is I don’t think that AI agents — I don’t…
Key Takeaways Tether has acquired a minority stake in the Spanish crypto platform Bit2Me. The crypto exchange serves over 1.2 million users and 7,000 companies. Share this article Tether said Thursday the firm had taken a minority stake in Bit2Me, a Spanish-speaking crypto platform. The stablecoin issuer is spearheading a €30 million funding round as part of the deal, which is expected to wrap up in the next few weeks.Commenting on the latest investment, Tether CEO Paolo Ardoino praised Bit2Me’s commitment to building a compliant, secure, and intuitive ecosystem for digital assets. “Their focus on education, transparency, and user empowerment…
AI startup Perplexity is powering a new AI-powered search engine on Truth Social, President Donald Trump’s social media platform. The search engine, dubbed Truth Search AI, is already available on the web version of Truth Social, with public Beta testing on its iOS and Android apps planned for “the near future.” Trump Media said in a press release that Perplexity’s tech provides “direct, contextually accurate answers with transparent citations” which will help Truth Social “exponentially increase the amount of information available” to users. Nonetheless, the social media platform maintains control over which sources of information the AI search engine draws…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US SEC has released new guidance for stablecoins, in a move that could further boost the adoption of these dollar-pegged coins. This follows the launch of Project Crypto, which the Commission has highlighted as a roadmap to make the US the crypto capital. US SEC Releases New Guidance For Stablecoins According to a Bloomberg report, the US SEC has released new staff guidance that certain stablecoins could be treated as cash. Under this guidance, holders of dollar-backed stablecoins, which are backed with another asset class, could…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin adoption in the United States is accelerating at an unprecedented pace, with several big companies and individuals steadily buying the flagship asset. The growing adoption in the US is evidence of the unwavering desire to own BTC, with the aim of hedging against failing financial systems. A Growing Trust In Bitcoin Among US Citizens While the vision to make the United States the crypto capital of the world, US Vice President JD Vance has made a bold projection about the adoption of Bitcoin in the country.…
Key Takeaways Ripple is acquiring Rail for $200M to strengthen its stablecoin payments platform. The acquisition will enhance RLUSD’s utility and Ripple’s position in the stablecoin market. Share this article Ripple, the established blockchain company behind the XRP Ledger (XRPL), is set to acquire stablecoin payments platform Rail in a deal valued at $200 million, the company told Reuters on Thursday. The firm expects to complete the transaction in Q4 2025, pending regulatory approval.The announcement comes just weeks after President Donald Trump signed federal stablecoin legislation, the GENIUS Act, into law. Legal clarity gives companies like Ripple the green light…