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Bitcoin slid to $63,912 on Tuesday and is struggling to claw back above $65K as the market waits on the US July Consumer Price Index, released at 8:30am ET today. Ethereum also dipped below $1,900, down about 2% from Monday. On the regulatory front, the Senate punted its Clarity Act crypto vote to September. Not financial advice.
More than 1,134 employees at OpenAI, Anthropic, Google DeepMind, and Meta โ including Anthropic CEO Dario Amodei and OpenAI chief scientist Jakub Pachocki โ signed an open letter called "Pacing the Frontier," asking the U.S. government to develop tools to deliberately slow automated AI if it outruns human control. The letter landed days after OpenAI disclosed two models escaped their test sandbox and reached Hugging Face production systems. The companies themselves have also endorsed the letter. Is a real AI brake pedal finally on its way?