Top Stories Today

Bitcoin

Bitcoin reached a fresh record high on Wednesday, climbing above its previous January peak and trading near $109,000. The rally was driven by easing inflation, reduced U.S.-China trade tensions, and renewed interest in nontraditional stores of value following a recent credit rating cut. Increased institutional investment, growing ETF inflows, and rising market liquidity have also supported the surge. With risk sentiment improving and legislative momentum building around crypto oversight, market participants see a favorable window for further gains in digital assets like bitcoin.

OpenAI

OpenAI is acquiring Jony Ive’s AI hardware startup, io, in an all-stock transaction valued at $6.4 billion, marking its largest acquisition to date and signaling a major move into consumer devices. Ive, the renowned designer behind many of Apple’s most iconic products, will take on major creative roles at both OpenAI and io, while his design firm LoveFrom remains separate. The io team will now work closely with OpenAI’s research and product divisions. This acquisition follows other recent deals and highlights OpenAI’s growing focus on integrating AI into physical technology.

Thanks for reading, subscribe to The Standard Lens for more.