Daily Tech & Crypto Digest

NextGenNewsDaily editorial team

— 3 min read
Daily Tech & Crypto Digest

Welcome to today's edition of the Daily Tech & Crypto Digest! We delve into the latest updates in AI, technology, and cryptocurrency, covering everything from GPT-5's shortcomings to significant moves in the ETF market. Let's jump in!

GPT-5 Is Making Huge Factual Errors, Users Say

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After its release, OpenAI's GPT-5 has been criticized for generating numerous misinformation instances, challenging its claims of "PhD-level intelligence." Users report that it commits grave factual errors, raising serious concerns about its reliability.
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Anthropic’s $1.5 Billion Book Piracy Settlement Rejected

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A federal judge has paused Anthropic's substantial settlement regarding AI training on copyrighted works, citing potential issues for authors involved in the class-action suit. The judge raises concerns over pressure on authors to accept a deal that might not serve their best interests.
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Grayscale Seeks SEC Approval for New Crypto ETFs

Grayscale has expanded its cryptocurrency offerings with new filings for a Litecoin ETF and funds tied to Bitcoin Cash and Hedera. This swift move aligns with a growing trend as financial institutions seek SEC approval for digital asset investment products.
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Eric Trump Scales Back Role at Crypto Firm ALT5 Sigma

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Eric Trump has reduced his involvement with crypto firm ALT5 Sigma, marking a significant shift after initially joining its board of directors as part of a deal with World Liberty Financial.
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Metaplanet Upsizes Share Offering to $1.4B for Bitcoin Acquisition

Metaplanet has significantly increased its international share offering to $1.4 billion, primarily aimed at bolstering its Bitcoin holdings. This offering underscores Metaplanet’s aggressive strategy to acquire 210,000 Bitcoins, positioning it as a major player in corporate crypto holdings.
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Analyst Predicts Impact of Potential XRP ETFs

Crypto analyst Jungle suggests that the approval of XRP ETFs could create a transformative effect similar to that seen with Bitcoin ETFs, potentially stabilizing XRP's price by driving consistent institutional buying. The optimism surrounding the SEC's approval has led to a surge in XRP's current trading price.
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Apple Unveils Thin iPhone Air

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Apple's newest release, the iPhone Air, boasts a thin design while still maintaining a sizable 6.5-inch screen. This innovative model promises to enhance user experience, blending sleekness with functionality for avid Apple fans.
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AI Investment Diverts Funds from Stock Buybacks

Goldman Sachs reports that increasing investments in AI technology among S&P 500 companies are hindering their traditional stock buyback programs. Corporate spending on AI has surged, choking off the usual capital allocation for share repurchases.
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