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Morgan Stanley Raises Tesla Price Target to $840 on Semi Software, Not Cars

Morgan Stanley raised its bull-case Tesla stock price target to $840 per share, driven by the software revenue potential of the Tesla Semi rather...

Nvidia Acquires Hugging Face for $12.9B in AI Software Push

Nvidia has reportedly reached an agreement to acquire open-source AI platform Hugging Face for $12.9 billion, according to a person familiar with the matter....

OpenAI Launches ‘Daybreak’ AI Cybersecurity Tool to Find, Fix Software Flaws

OpenAI launched Daybreak, a cybersecurity initiative using AI to help developers find vulnerabilities and secure software faster. CEO Sam Altman stated AI is becoming...

Coin Center Argues Software Code Is Protected Free Speech Amid Developer Liability Fears

The cryptocurrency advocacy group Coin Center has published a report arguing that writing and publishing software code constitutes free speech protected by the First...

Bitcoin Needs Conservative Node Software to Preserve Decentralization: Song

Jimmy Song, co-founder of the nonprofit ProductionReady, argues that a conservative Bitcoin client is essential for preserving Bitcoin's monetary properties and decentralization. The organization...

AI Boom Sparks Fears: Software Stocks Slump as AI Agents Emerge as Major Risk

The rise of AI agents is disrupting the traditional software sector, with a record number of public software firms now citing them as a...

Crypto Developer Loses Lawsuit Seeking Immunity for DeFi Software

A federal judge has dismissed a lawsuit from crypto developer Michael Lewellen, who sought legal protection to release noncustodial crowdfunding software. The judge ruled...

Bitcoin Rally Not Structural With Software Stocks: NYDIG

Bitcoin’s recent rally alongside US software stocks is primarily due to shared exposure to macroeconomic conditions, not structural convergence, a new analysis contends. According...

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