Salesforce Anthropic token spend signals AI as core cost

Salesforce Anthropic token spend is moving from a headline number to something more revealing: a sign that AI is becoming a core operating cost inside major software companies. Marc Benioff said on the podcast published Friday that Salesforce expects to spend $300 million on Anthropic tokens in 2026, with most of that bill tied to coding.  That detail matters because it shifts the story away from flashy demos and toward day-to-day economics. Benioff is not talking about a small pilot. Instead, he is describing a level of AI usage that suggests coding agents are being treated as infrastructure.  He also tied that spending to a broader product push. Salesforce is working on technology to make coding easier inside Slack, extending the companys bet that workplace collaboration and AI agents will increasingly blur together.  Salesforce Anthropic token spend points to a bigger AI cost shift  Benioffs projection, shared on the podcast, puts a price tag on how deeply Salesforce appears willing to embed Claude into its internal workflows. He said most of the expected $300 million token spend will go toward coding, a striking signal for an enterprise software company whose own products are built by large engineering teams.  The implication is simple: Salesforce believes AI

05-16

Atlassian (TEAM) Surges 8% on Renewed Enterprise AI Momentum

Atlassian Corporation, TEAM  The summit delivered fewer tangible agreements than investors anticipated. However, the overall atmosphere evolved from adversarial to moderately positive — and for an industry as internationally integrated as enterprise software, that shift proved sufficient.  The S&P 500 achieved a milestone, surpassing 7,500 during the same trading session. Technology stocks experienced broad-based buying interest.  This upward movement wasnt isolated. Two distinct developments from the broader enterprise software landscape reinforced the positive sentiment.  Figma disclosed 46% revenue expansion, demonstrating genuine progress in early AI monetisation efforts. ServiceNow unveiled a multiyear artificial intelligence collaboration with Experian. Both announcements conveyed a consistent message: enterprise software providers are successfully integrating AI capabilities into their offerings and generating revenue from these features.  This storyline holds significance for Atlassian. Earlier this year, apprehension that artificial intelligence would destabilize rather than strengthen enterprise software platforms had pressured the sector. These recent developments helped diminish those worries.  Analyst Perspectives  Truist Securities maintained its Buy stance and $100 price objective on TEAM, referencing the companys artificial intelligence roadmap unveiled at its Team 26 conference.  The firm emphasized how Atlassian intends to generate revenue from AI through its Rovo credit framework, which encompasses both internal platform usage and external consumption. Truist views Atlassian as strategically positioned

05-16

Strategy has put Bitcoin sales on the table for repurchases – but will it affect BTC price?

Strategy agreed on May 15 to repurchase roughly $1.5 billion principal of its 2029 convertible notes for an estimated $1.38 billion in cash.  The firm told investors in its Form 8-K that it may fund the repurchase with available cash reserves, ATM sale proceeds, and/or Bitcoin sale proceeds. Strategy expects to cancel the repurchased notes, leaving about $1.5 billion of 2029 notes outstanding.  The filing adds a new role to Bitcoin on Strategys balance sheet as a named funding option for near-term debt obligations.  Strategy built its public identity around relentless Bitcoin accumulation, buying during market downturns, funding purchases with convertible debt, and expanding its $BTC pile to 818,869 $BTC.  The companys 10-Q already states that it may sell Bitcoin to satisfy short- or long-term liquidity needs, even when other sources are available, if management determines that selling Bitcoin is more favorable.  The 8-K brings that disclosure language into contact with a specific, near-term obligation.  The debt calendar  Once the 2029 note repurchase closes, Strategy still has convertible note put-option dates under which holders may require cash repurchase at 100% of principal plus accrued and unpaid interest.Put dateNotesPrincipal exposure$BTC equivalent at ~$79KSept. 15, 20272028 notes$1.01B~12,770 $BTCMar. 1, 20282030B notes$2.00B~25,286 $BTCJune 1, 20282029 notes, post-buyback$1.50B~18,965 $BTCSept. 15, 20282030A

05-16

Coinbase Co-Founder Meets with US and Venezuelan Officials in Major Investment Push

Ersham has reportedly been meeting with Venezuelan officials, floating possible investments in the energy and fintech sectors. He recently appeared in a tech event hosted by Banco de Venezuela, promoting the nations potential to become the “best country in Latam.”  Key Takeaways:Coinbase co-founder Fred Ersham, worth $2.6B, met with officials to explore deeply undervalued assets.While locals rely on stablecoins, Ersham appeared at an event to promote the ripe local market.To bridge the isolated economy, Erebor Banks Jacob Hirshman pitched an idea to the central bank chief, Luis Perez.  Coinbase‘s Fred Ersham Shows Interest in Venezuela’s Economic Recovery Potential  While Venezuela has been battling an economic crisis for years, including devaluation and hyperinflation, recent events have brought the possibility of a recovery, with potential gains for international investors taking part.  Fred Ersham, co-founder of U.S.-based cryptocurrency exchange Coinbase and Paradigm, a venture capital firm, has traveled to Venezuela several times and has been meeting with government officials, including interim president Delcy Rodriguez and U.S. Interior Secretary Doug Burgum, according to Bloomberg. The reason behind these visits would be to explore investments as the country aims to reinsert itself in the international economic system.  Ersham, with a net worth of $2.6 billion, would be interested in investing

05-16

Can Bitwises new ETF push HYPE price beyond $50?

Hyperliquids native token $HYPE has climbed more than 20% in the past 24 hours on the back of a number of bullish developments.  According to market data, $HYPE rallied from $38.41 on May 14 to as high as $46.67 before stabilising around $44.  Fresh demand arrived alongside the launch of new US-listed Hyperliquid investment products.  Earlier on Thursday, Bitwise Asset Management announced the start of trading for its spot Hyperliquid ETF on the New York Stock Exchange under the ticker BHYP.  The company stated that the product is among the first spot Hyperliquid exchange-traded products in the United States and the first to include in-house staking through Bitwise Onchain Solutions.  In a statement released by the firm, Matt Hougan said Hyperliquid had become “one of the most compelling investment opportunities in crypto today,” while pointing to the network‘s role during February’s geopolitical tensions, when Bloomberg reportedly cited Hyperliquids crude oil perpetual market for price discovery, while traditional markets remained closed.  Bitwise also stated that Hyperliquid processed roughly $2.9 trillion in trading volume during 2025, more than 400% higher than the previous year.  The company added that the platform currently accounts for nearly 60% of global on-chain derivatives open interest and can process approximately 200,000 orders per second.  ETF

05-16

Bitcoin Weekly Forecast: Is the month-long rally over?

Bitcoin ($BTC) edges slightly lower so far this week, trading at $80,800 on Friday after being rejected around the key overhead supply zone. Institutional investors also show cautious signs, with $BTC spot Exchange Traded Funds (ETFs) recording an outflow of over $709 million through Thursday. In addition, traders profit-taking fuels the Crypto King price pullback.  Institutional demand shows cautious signs  Institutional demand shows early signs of caution so far this week. SoSoValue data showed that spot $BTC ETFs recorded an outflow of $709.88 million through Thursday. If Fridays flows are negative, $BTC would mark the first weekly outflow since the end of March, signaling a cautious stance among institutions.  Total Bitcoin spot ETF net inflow chart. Source: SoSoValueProfit-taking activity accelerates the selling pressure  CryptoQuants weekly report on Wednesday said traders may have started taking profits in a significant way.  The chart below shows that Bitcoin holders realized 14,600 $BTC in daily profits on May 4, the highest level since December 10, as the 37% rally from the April lows pushed holders back into profitable territory. Moreover, a similar spike was seen this week, indicating the profit-taking activity continued. Historically, this anticipates lower prices as traders start to sell.  Bitcoin net realized profit and loss chart. Source:

05-16

US Treasury yields surge to new highs as liquidity tightens, pushing Bitcoin back below $82,000 resistance

Bitcoin‘s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills.  Data from CryptoSlate showed that the top asset was trading at $79,083 as of press time, down more than 3% after another failed attempt to hold above $82,000.  Blockchain analytical firm Santiment attributed the reversal to a “buy the rumor, sell the news” market reaction to the Senate Banking Committees approval of the CLARITY Act. This was a policy milestone that would typically improve sentiment across digital assets by moving market-structure legislation closer to a full Senate vote.  However, the rally attempt faded as traders shifted their focus back to Treasurys.  The 10-year Treasury yield moved above 4.5% for the first time since June 2025, while the 30-year yield climbed toward 5.1%. Jim Bianco of Bianco Research said the long bond was only 8 basis points away from a fresh 19-year high.  US 30-Year Yield (Source: Bianco Research)  That move has raised the return threshold for Bitcoin exposure. Higher yields make cash, bills, and longer-dated government debt more competitive, while $BTC is trying to recover a key technical level.  Nicolai Sondergaard, a research analyst at Nansen, told

05-16

ICP eyes $2.80 support as fears of an extended bearish cycle remain

The crypto AI sector saw a slight decline in total market capitalization. From $22.61 billion on the 9th of May, the market cap of the sector has shrunk slightly to $21.01 billion, though it was up 21% over the past month.  The top six tokens by market cap in the sector showed mixed performance over the past week, but Internet Computer [$ICP] was the weakest among them. It was down 5.35% in 24 hours and 8.7% in a week.  The recent losses could be because Coinbase delisted $ICP/$USDT, a non-USD pair. It should be noted that the exchange has not halted all $ICP-related services.  $ICPs warning signs  In a recent report, AMBCrypto had observed that the higher timeframe price structure was bearish. Traders should beware of the rally, which at that time was at $3.7.  Source: $ICP/$USDT on TradingView  Since reaching a high of $4.09, the AI crypto token has receded by 30.8%. $ICP has fallen back into the local range (purple) between $2 and $2.84.  Combined with the higher timeframe bearish structure and the quick bearish reaction from the $4 supply zone, it appeared likely that the altcoin would see further losses.  The $2.8 region has acted as both support and resistance since December 2025, and a

05-16

South Korea to Unveil Tokenized Securities Rules in July

South Korea is set to release comprehensive guidelines for tokenized securities in July 2026, marking a significant step toward integrating blockchain technology into its regulated capital markets. The Financial Services Commission (FSC) aims to fully implement the framework by February 2027, creating a legal pathway for issuing, trading, and settling tokenized assets on distributed ledgers.  The July announcement will reportedly include detailed rules for tokenizing stocks, bonds, and money market funds, alongside adjustments to over-the-counter trading limits and new provisions for fractional investment products. According to FSC Vice Chairman Kwon Dae-young, these measures are designed to “institutionalize” tokenized securities while maintaining investor protections under existing financial laws.  The move builds on South Koreas multi-year regulatory overhaul to accommodate security tokens. In early 2023, the FSC laid the groundwork by defining security tokens under the Financial Investment Services and Capital Markets Act (FSCMA) and releasing guidelines for their issuance and distribution. Tokens representing equity, dividends, or profit-sharing rights can now be classified as securities, subject to the same oversight as traditional financial instruments.  South Koreas leadership in tokenized finance is becoming increasingly evident. Earlier this year, the Ministry of Economy and Finance announced a pilot program to use tokenized deposits for government spending, with

05-16

Astarter Partners with UXLINK to Expand AI Agent Economy in Web3

Astarter, a popular Web3 infrastructure platform, has partnered with UXLINK, a renowned Web3 social entity. The partnership denotes a landmark in the advancement of the Web3-based AI and social infrastructure. As per Astarter‘s official social media announcement, the development combines its independent AI-led economy and UXLINK’s comprehensive social growth infrastructure. Thus, the move creates a robust synergy between wide-ranging community adoption and decentralized intelligence.  Astarter and UXLINK Partner to Accelerate DeFAI-DePIN Integration for Web3 Engagement  The partnership between Astarter and UXLINK is poised to bolster the integration of DeFAI, DePIN, and AI agents. This enables independent systems to execute, coordinate, and create significant economic value on-chain. In the meantime, UXLINK has become a well-known Web3 social entity, linking numerous consumers and developers via its socially-led network. So, both companies attempt to boost the next chapter of Web3 engagement, on-chain growth, and autonomous coordination.  Apart from that, Astarters vision is to generate a local infrastructure to benefit the independent AI agent economy. With the merger of decentralized AI (DeFAI) and decentralized physical infrastructure networks (DePINs), the firm is set to pave the way for intuitive agents that can operate autonomously, coordinate tasks, and produce meaningful value across chains. The respective approach underscores the rising

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