Tap Global

Tap Global has purchased 3 bitcoin to hold on its balance sheet as part of a treasury reserve strategy. The move puts the company alongside a growing list of firms adding cryptocurrency to their reserves, though the small size of the purchase stands out. Details on the purchase price, funding and broader treasury plans have not been disclosed.

Apollo Global Management is warning that artificial intelligence agents could trigger a modern version of a bank run in the financial industry. The concern is that AI systems acting autonomously could move money out of banks or funds far faster than human depositors ever could, potentially destabilising institutions if many agents react to the same signals at once.

Chinese director Xu Zao, known for 'Light Pillar', is preparing his next feature, 'Easy, My Friend', which will explore artificial intelligence themes. The announcement, reported by Variety, signals growing interest in AI as subject matter for independent cinema, as filmmakers worldwide respond to the technology's rapid rise in public conversation.