AI
Nvidia Has Quietly Become the Bank Behind the AI Boom
AI
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Zhipu Turns Anthropic's China Tracking Scandal Into a Recruiting Pitch
Zhipu Turns Anthropic's China Tracking Scandal Into a Recruiting Pitch
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Nvidia Has Quietly Become the Bank Behind the AI Boom
BUSINESS
Modi opens India's first commercial chip packaging plant in Sanand
BUSINESS
China Proposes Sweeping E-Commerce Law Overhaul After Fining Tech Giants $528 Million
AI
Israel Turns Its Pact With Argentina Into an AI Foothold in Latin America
GUIDES
What Is a Vesting Cliff in Crypto and Why It Decides Who Actually Gets Paid
A vesting cliff is the single date before which a founder or investor holds zero unlocked tokens, and mixing it up with a startup equity cliff is how cap tables and token treasuries get built wrong.Ask a founder what a vesting cliff is and most will describe the one they know from their first startup job: work twelve months, then a chunk of equity unlocks all at once. That's the equity cliff, and ...
Janet Harrison
6 min read · 95 views
Artificial Intelligence
AI
Alibaba and Tencent Chose to Fund Kling AI Instead of Beating It
Chip stocks tumbled this week as investors doubt the AI spending payoff
Kuaishou's Kling AI has raised nearly $2.8 billion from Alibaba, Tencent and Baidu, valuing the AI video unit at $15 billion pre-money and pointing toward an $18 billion post-money close. The deal shows China's tech giants consolidating behind one AI video champion instead of building rival products, while Kling eyes a Hong Kong IPO as soon as mid-2027.
Chip stocks tumbled this week as investors doubt the AI spending payoff
Micron, Intel, and AMD led a sharp semiconductor selloff this week after reports that Meta is building a business to resell excess AI compute, reviving doubts about whether hyperscaler AI spending is generating real returns. SK Hynix's HBM slowdown and a more hawkish Federal Reserve compounded the drop, even as TSMC and Nvidia posted offsetting good news.
Singapore Will Train 60,000 Accountants to Use AI Within Three Years
Singapore has launched AIxAccountancy, a free ISCA and IMDA programme to train 60,000 accounting and corporate finance professionals to use AI for fra...
ByteDance and Alibaba Are Killing Custom AI Companions Before China's New Law Bites
ByteDance's Doubao and Alibaba's Qwen are shutting down their personalized AI agent features on July 15, the day China's new rules on humanlike AI int...
Foxconn Posts Record AI Server Sales While Oracle's Spending Bill Grows
Foxconn posted a 39.8% jump in second quarter revenue to $78.71 billion, driven by AI server demand for Nvidia, and raised its full year target to $35...
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Crypto & Blockchain
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What Is Liquid Staking? How Tokens Like stETH Actually Get Repriced
What is liquid staking? It's a way to earn Ethereum staking rewards while holding a tradable token like stETH or rETH instead of locking your ETH away. That convenience comes with hidden depeg and slashing risk that most yield dashboards never show you.
Moonbeam abandons Polkadot for Base and bets its future on AI agents
Moonbeam, once Polkadot's record-setting flagship parachain, is shutting down its Polkadot operations entirely and migrating GLMR to Coinbase's Base network by July 31, 2026. Alongside the move, it's unveiling the Moonbeam Protocol, a still-unspecified network meant to let autonomous AI agents find each other and settle payments on-chain.
Bitcoin holders are buying the dip even as traders brace for another leg down
Bitcoin is trading near $62,000 after a 30% drop this year, and long-term holders now control a record 16.3 million BTC as they quietly accumulate. But traders warn the realized price near $53,000 and a flipped resistance zone at $66,000-$69,000 mean the bottom may not be in yet.
Germany's Small Town Banks Are Becoming Europe's Biggest Crypto On-Ramp
DZ Bank has BaFin approval for its meinKrypto platform across Germany's cooperative banks, and Sparkassen-Finanzgruppe is targeting summer 2026 for Bitcoin and Ethereum trading inside its own app. With MiCA's transitional deadline now passed, Germany's most conservative lenders are becoming the country's largest crypto on-ramps.
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AI
What to make of OpenAI offering Washington a stake
AI
Anthropic Says Claude Fable 5 Will Return to Subscriptions Once Capacity Allows
AI
Zuckerberg Admits Meta's AI Agents Are Not Moving Fast Enough
AI
Amazon is quietly building the AI chips that power your Echo
AI
Macron and Modi Are Personally Courting Tech CEOs to Win the AI Infrastructure Race
AI
Micron Breaks Ground on a $9.3 Billion Bet to Crack SK Hynix's Grip on AI Memory