Court dismissed xAI's lawsuit against OpenAI over trade secrets

A US court dismissed xAI's lawsuit against OpenAI over trade secrets with a ban on refiling. Federal judge Rita Lin stated that Elon Musk's company had not proven that the startup, during hiring, induced former xAI engineer Xuechen Li to disclose confidential data about the Grok chatbot. The dispute concerned Li's presentation at the interview, where he talked about past work, including the reinforcement learning and post-training systems of Grok 4. The judge noted that discussing prior experience during hiring is not equivalent to inducement to transfer a trade secret. This is Elon Musk's second defeat in the dispute with OpenAI in less than…
Spot Bitcoin ETF with yield up to 25% launches on the US market today

BlackRock's spot Bitcoin ETF, named iShares Bitcoin Premium Income ETF (BITA), debuts on the Nasdaq exchange on June 16, 2026. This was stated by Bloomberg Intelligence analyst Eric Balchunas. The company filed an application to register this product with the US Securities and Exchange Commission (SEC) in late January 2026. The latest revisions, including information about […]
Bitcoin miners intensify their pivot to AI infrastructure

Public Bitcoin miners are increasingly converting power capacity and data centers into infrastructure for artificial intelligence and high-performance computing (HPC). The trend is intensifying amid rising capital expenditures in the AI sector and demand for sites with access to electricity. According to Reuters, on June 15 Nvidia placed bonds worth $25 billion with demand of about $85 billion. The deal is not directly related to financing data centers, but it shows the scale of investor interest in infrastructure around AI, where the company's graphics processors remain key equipment. Nvidia returned to…
Michael Saylor presented a five-tier model of the Bitcoin economy

Strategy founder Michael Saylor presented the concept of a “digital asset stack.” In his opinion, Bitcoin will transform from a simple asset into the foundation of a global financial architecture. Saylor identified five layers that will make up the modern digital system: Digital capital (Bitcoin). The base…
Ethereum reaches $1,800 again: $2.8 billion in buys in 6 hours

The return of Ethereum (ETH) above the $1,800 mark was accompanied by a sharp surge of aggressive buying on the Binance exchange. According to CryptoQuant analyst Amr Taha, the ETH Taker Buy Volume metric, which reflects the volume of market buy orders, exceeded $1 billion within a single hourly interval. This is the highest hourly figure since June 5, when Ethereum was trading…









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