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AI & Enterprise

No insurance fits AI firms as mega-lawsuit risk grows

As the AI industry expands rapidly, insurers are struggling to offer products that cover legal liabilities from AI safety incidents, according to reports cited in the article. Lawsuits over chatbot harms and copyright in model training are rising, and incidents involving out-of-control AI agents add to litigation risks. Some specialised coverage exists but with limited caps, while optional AI exclusions are spreading in policies. Brokers warn exclusions increase uncertainty and disputes.

Crypto

XRP: Is buying the dip the right move? Focus on this more than price

An analysis said investors who missed buying XRP around $1 do not need to wait for a return to that level. Cryptocurrency analyst Dennis Liu said $1.25 could offer a better entry point than the prior $1 low because broader recovery signals in bitcoin and the wider crypto market have become clearer. He said a low price does not always mean a good buying opportunity and urged watching bitcoin trends and overall market direction.

Finance

Gold rebounds after two-week slide as Fed rate outlook shifts

Gold rebounded after two weeks of declines as markets increasingly price in the likelihood that the U.S. Federal Reserve will keep rates unchanged this month. Spot gold moved toward $4,180 an ounce. The shift followed remarks by Fed Chair Kevin Warsh, which led investors to cut expectations of a near-term hike. Traders are now watching the next FOMC meeting and the U.S. PCE inflation report. Other precious metals also gained.