Wall Street's Shift: Embracing Stablecoins Amidst Economic Concerns

Will the US government take a stake in Intel? Why was Meta letting spicy conversation happen with their AI bots? What does it mean if Foxconn’s AI business is now bigger than its gadget assembly business? And of course, the Weekend Longreads Suggestions.

Links:

• Trump Administration Said to Discuss Taking Stake in Intel (Bloomberg)
• Meta’s AI rules have let bots hold ‘sensual’ chats with kids, offer false medical info (Reuters)
• Forget Foxconn the iPhone factory. AI’s made it a server-slinger first and foremost (The Register)
• Apple returns blood oxygen monitoring to the latest Apple Watches (The Verge)
• Whoop Refuses to Pull Blood Pressure Tool After FDA Warning (Bloomberg)

Weekend Longreads Suggestions:

• Big Tech’s A.I. Data Centers Are Driving Up Electricity Bills for Everyone (NYTimes)
• Behind Wall Street’s Abrupt Flip on Crypto (NYTimes)

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