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OpenAI launches consumer hardware division led by former Meta AR boss

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OpenAI has announced the formation of a new consumer hardware division, signaling its ambitions to expand beyond software and into physical products. The division will be led by Hugo Barra, a former Meta executive who previously oversaw the company’s augmented reality (AR) initiatives. Barra’s expertise in hardware and AR technology is expected to play a key role as OpenAI explores new ways to integrate its cutting-edge AI models into consumer devices, potentially ushering in a new era of AI-powered hardware.

The move marks a significant shift for OpenAI, which has been primarily known for its software products, such as the widely popular GPT models and ChatGPT chatbot. By venturing into hardware, the company aims to create new AI-driven devices that can interact with users in more immersive and intuitive ways. This could involve innovations in areas like smart glasses, wearables, or other devices that incorporate OpenAI’s advanced natural language processing capabilities and machine learning tools.

Barra’s appointment to head the new division is a strategic decision, as he brings a wealth of experience from his time at Meta (formerly Facebook), where he led efforts in virtual and augmented reality products. His leadership is expected to accelerate OpenAI’s ambitions in building consumer-facing hardware that can leverage the company’s AI technologies, making them more accessible and practical for everyday use. OpenAI’s push into hardware could also help it better compete with other tech giants like Apple, Google, and Meta, which are all investing heavily in AI and AR hardware.

The creation of this new division underscores OpenAI’s broader strategy to broaden the scope of its offerings, positioning itself as a key player not just in AI software but also in the physical devices that will shape the future of human-computer interaction. While specific product details remain under wraps, the announcement has generated significant excitement in the tech community, with many speculating about the types of devices OpenAI could introduce in the coming years. As the company transitions into hardware, it will likely face both technical and market challenges, but its entry into this space could help drive innovation in AI-powered consumer products.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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