Crypto

Quantum computing investment divide widens as Wall Street bets and banks hesitate

Wall Street is focusing on quantum computing as a next-generation investment theme, but financial institutions differ on when it will be usable. Goldman Sachs tested quantum computing for asset management with Amazon but found no clear results and later cut most of the team. JPMorgan has kept more than 50 researchers and continues long-term work. Interest is also tied to cryptocurrency security, as quantum advances could shorten the time needed to break certain cryptography.

AI & Enterprise

U.S., China step up next-generation LLM race as big tech reshapes coding AI

Competition in large language models is intensifying as leading AI companies in the United States and China release new systems more frequently. OpenAI unveiled GPT-5.5 and began distributing it to paying ChatGPT users, while Anthropic launched Claude Opus 4.7. China’s DeepSeek released preview versions of V4 and Moonshot AI unveiled Kimi-K2.6. The coding AI market is also being reshaped by capital-heavy companies, including SpaceX securing an option to acquire Cursor for $60 billion.