The U.S. Securities and Exchange Commission (SEC) has proposed a significant update to the requirements for registered transfer agents for the first time in many years. The proposal includes electronic record-keeping, tokenized securities, and the use of blockchain for maintaining ownership registers. According to the regulator, the existing rules have not been substantially updated since […]
Nvidia has invested $3.5 billion in MediaTek’s convertible bonds. The companies have also expanded their collaboration in AI infrastructure, edge computing, and automotive systems. MediaTek to Connect with NVLink Fusion A key aspect of the agreement is the integration of MediaTek with Nvidia’s NVLink Fusion platform. This platform allows developers to create custom accelerators (XPU) […]
Canadian company Xanadu Quantum Technologies Limited unveiled a roadmap aiming to achieve over 1000 logical qubits by 2031. The path to this goal includes transitioning to fault-tolerant computing and constructing a quantum data center. From 200 to 1000 Qubits Xanadu plans to reach up to 200 logical qubits by 2029, 500 by 2030, and over […]
OpenAI has purchased tens of thousands of Mac mini and Mac Studio computers in recent months for specific agent tasks, according to The Information. The tech giant is reportedly using these devices to train AI agents to interact independently with desktop operating systems (computer-use agents) and for reinforcement learning. Anthropic, a main competitor, is addressing […]
The computing power that Anthropic will acquire from cloud provider Lambda as part of a multibillion-dollar deal will be deployed at Hut 8’s Beacon Point campus in Texas, according to The Wall Street Journal. According to the publication, Nvidia is leasing the relevant capacity from Hut 8. Lambda will install Nvidia’s accelerators at the site […]
A 13-year-old student, Zhu Shuhan from Shanghai, China, has developed an AI-powered application called Zai Chang to monitor homework completion. Within three days, the project received 86 orders, generating ¥18,295 (approximately $2,700) in revenue, according to local media. Zhu Shuhan at the Markethon competition in Hangzhou. Source: Jiefang Daily. The service uses a computer or […]
On August 31, DeFi Development Corp (DFDV), which specializes in managing treasury assets within the Solana ecosystem, announced plans for a public offering of Series C perpetual preferred stock, aiming to raise up to $20 million. The funds will be used to increase their holdings in SOL tokens and finance related crypto investments. According to […]
On August 31, the European Commission designated ChatGPT as a VLOSE under the Digital Services Act (DSA). OpenAI must meet additional requirements by January 2027, including assessing and mitigating systemic risks of the service. The regulator also recognized Reddit and Roblox as VLOP. This status is given to services with an average of at least […]
Bitcoin rose 24% in August — its best monthly performance since November 2024, according to CoinGlass. Bitcoin monthly returns, percent. Source: CoinGlass. Over the month, bitcoin rebounded from around $64,000 and briefly rose above $81,000. By the final weekend of August, momentum faded: after a speech by Fed Chair Kevin Warsh, prices fell to $76,877 […]
US authorities have sold confiscated Anthropic shares that belonged to Caroline Ellison and Nishad Singh of the bankrupt FTX. This was reported by Business Insider. After confiscation, the shares came under the control of US federal authorities. The shares were then sold to existing Anthropic investors, according to journalists citing a person familiar with the […]