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China's New AI Companion Law Just Shut Down Chatbots for 512 Million Users
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Gina Maier Vincent Wants a Name for the Life That Still Works but Stops Feeling Like Yours
Gina Maier Vincent, creator of Underliving™, on the emotional cost of a life that keeps performing well after it stops feeling fully alive.
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China's New AI Companion Law Just Shut Down Chatbots for 512 Million Users
BUSINESS
Singapore Weighs Hedge Fund Tax Relief as Hong Kong Fights to Win Back Wealth
BUSINESS
Zoox recalls 105 robotaxis after one drove blind into a wall of smoke
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France Blocks Polymarket Nationwide After Hackers Rigged Weather Bets
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How to Value a Pre-Revenue Startup When There Is No Revenue
There's no line of revenue to multiply, so investors and founders fall back on a handful of proven frameworks, Berkus, scorecard, VC method, and comparables, to put a number on a company that only exists as a pitch deck and a team.Every founder raising a pre-seed round eventually hits the same wall. A buyer will pay a multiple of revenue or EBITDA for an established business. A pre-revenue startup...
Julian Lim
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Artificial Intelligence
AI
Trump Administration Weighs a Ban on Chinese AI Models Like Kimi K3
Nvidia Pushes AI Agents Deeper Into 3D Design Tools at SIGGRAPH 2026
Axios reports the Trump administration is weighing new restrictions on Chinese open-source AI models like Moonshot AI's Kimi K3, pursuing Entity List designations and procurement rules rather than an outright ban. White House adviser David Sacks has publicly pushed back, warning the approach could make American AI less competitive.
Nvidia Pushes AI Agents Deeper Into 3D Design Tools at SIGGRAPH 2026
Nvidia expanded its Agent Toolkit at SIGGRAPH 2026 with new Omniverse libraries that let AI agents build and inspect simulation-ready 3D worlds on their own. The move, paired with a new Cosmos Reason model for robotics, signals Nvidia climbing the software stack as cheap open-weight models pressure the chip layer below it.
Moonshot's Bet on a Bigger Kimi K3 Is Paying Off in China's AI Race
Moonshot AI's 2.8 trillion parameter Kimi K3 topped a coding leaderboard ahead of Claude Fable 5 and GPT-5.6 Sol, then forced the company to pause new...
Jeff Bezos and the UK Government Just Bet $450 Million on CuspAI
CuspAI, a Cambridge AI-for-materials-discovery startup, raised a $450 million Series B at a $2.6 billion valuation, with Jeff Bezos's family office an...
Google Shares Rise After Report of a Chip Designed Around Gemini
Alphabet shares rose as much as 2% after The Information reported Google is developing Frozen V2, a chip that embeds Gemini's architecture directly in...
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Lorenzo Protocol's BANK Token Rockets 517% After a Mysterious Wallet Move
BANK, the token behind on-chain asset manager Lorenzo Protocol, has surged 517% in a week after a Lorenzo Foundation wallet sent $13.7 million worth of tokens to a deposit address tied to the Aster derivatives exchange. Neither Lorenzo nor Aster has explained the transfer, leaving traders to guess whether it signals a listing push, an incentive program, or something less flattering.
Amazon Japan's Logistics Partner Will Pay 2300 Drivers in Stablecoin
AZ-COM Maruwa Holdings, a key logistics distributor for Amazon Japan, will pay roughly 2,300 subcontractors and truck drivers in JPYC, Japan's first regulated yen-pegged stablecoin. The move, announced July 20, 2026, is the largest corporate payroll use of a stablecoin in Japan to date and comes alongside a separate JPYC pilot at a Lawson convenience store.
IREN inks $2.8 billion in AI cloud deals, lifts revenue target past $4 billion
IREN signed $2.8 billion in new multi-year AI cloud contracts with Perplexity, Figure AI, Together AI and others, pushing its year-end 2026 AI Cloud revenue target from $3.7 billion to more than $4 billion. The deals build on IREN's earlier $9.7 billion Microsoft and $3.4 billion Nvidia agreements as the former Bitcoin miner completes its pivot to AI infrastructure.
Allbridge Core Loses $1.65 Million to the Same Flash Loan Trick Twice
Allbridge Core paused its cross-chain protocol on July 19 after an attacker used a $1.12 million flash loan to drain roughly $1.65 million from its Solana stablecoin pools, the same style of attack that cost the protocol $570,000 in 2023. The team is asking arbitrageurs to voluntarily return profits while liquidity providers wait for a real compensation plan.
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Elon Musk Calls a Reported $52 Billion SpaceX Foxconn Server Deal Fake News
AI
Brussels Fines Alibaba's AliExpress a Record 550 Million Euros
AI
Blackstone Bets $676 Million on Futronic, the Robot Actuator Maker From Korea
AI
The EU just ordered Google to hand Android and Search data to its AI rivals
AI
China's Kimi K3 and Qwen3.8 Are Rattling Silicon Valley's AI Giants
AI
Zhongji Innolight Raises Hong Kong IPO Target to $7 Billion