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Foundry is a decentralized development project aimed at empowering users through automated tools and multi-chain protocols (MCPs), simplifying workflows, and driving innovation.

Moonshot AI to Open Source 2.8-Trillion-Parameter Kimi K3 Weights, Chinese Open-Weight Model Token Share Rises to 68%

Chinese AI startup Moonshot AI will release the model weights of its high-performance model, Kimi K3. Developers can download the model, modify it for various purposes, and run it in their own data centers or cloud environments.Kimi K3 boasts 2.8 trillion parameters and a 1 million token context window, enabling it to process large-scale documents and codebases in a single pass. Moonshot AI plans to later publish a technical report detailing the model's architecture, training methodology, and performance evaluation results.Following the release of Kimi K3, Moonshot AI's daily revenue is reported to have increased by at least 6 times. The company is reportedly advancing a new round of fundraising at a $50 billion valuation and is considering a Hong Kong listing as early as this year.According to Bloomberg Intelligence, following the release of Kimi K3 and Z.AI's GLM-5.2, the share of Chinese open-weight models in overall token usage has risen to 68%. Services like AWS Bedrock, Microsoft Azure Foundry, and Google Vertex AI currently do not offer Chinese open-weight models such as Kimi K3 and GLM-5.2.

AI startup CuspAI completes nearly $500 million financing round and announces establishment of AI Material Foundry Alliance

According to Bloomberg, UK startup CuspAI, founded just two years ago, has raised nearly $500 million, with its core bet being the use of artificial intelligence to improve semiconductor production processes. On Monday, CuspAI announced the establishment of the "AI Materials Foundry," an alliance that brings together more than 48 tech companies, industrial companies, and research institutions, with members including NVIDIA, Meta, and Hyundai Motor Group.

Microsoft Expands AI Partnership with Mistral, Signs Multi-Billion Dollar European AI Infrastructure Agreement

Odaily, July 21 - Microsoft and French AI startup Mistral AI announced an expansion of their strategic partnership on July 21, signing a multi-billion dollar agreement centered on European AI infrastructure to enhance AI computing capabilities in the region. Under the agreement, Microsoft will leverage Mistral's expanded European GPU infrastructure to support its cloud computing and AI services. This infrastructure will be based on thousands of Nvidia Vera Rubin GPUs.In terms of products, the Mistral Medium 3.5 and OCR 4 models are now available on the Microsoft Foundry platform, and Mistral Medium 3.5 has also been integrated into Microsoft Copilot Studio for agent applications, document processing workflows, and industry-customized workflows. Additionally, the two parties will expand AI deployment options through Azure and Azure Local, supporting cloud, cloud-connected, and fully offline environments, targeting industries with high data compliance requirements such as finance, healthcare, and manufacturing.

The four major Bitcoin mining pools control over 70% of the hashrate

According to Odaily, as of June 23, 2026, Foundry Digital, AntPool, ViaBTC, and F2Pool collectively control over 70% of the Bitcoin network's hashrate, with shares of approximately 31%, 18%, 13%, and 10% respectively. Foundry Digital is a US-based mining pool backed by Digital Currency Group, primarily serving large institutions and publicly listed mining companies. In the first half of 2026, D-Central reported a Nakamoto coefficient of 3, meaning that just three mining pools would be enough to produce more than half of the blocks. ViaBTC faced stricter regulatory scrutiny in 2026, prompting some miners to shift to alternative pools like EMCD.

Foundry, a leading Bitcoin mining pool, has officially launched its Zcash mining pool, already accounting for nearly one-third of newly minted ZEC.

According to Fortune, Foundry, a leading Bitcoin mining pool, officially launched a new mining pool for the privacy coin Zcash on April 13. Mike Colyer, CEO of Foundry, stated that this move aims to address growing institutional demand for privacy coins. The pool has already attracted several institutional miners, and its output now accounts for nearly one-third of all newly minted Zcash globally. Zcash implements transaction privacy via zero-knowledge proof technology while supporting selective disclosure to meet regulatory compliance requirements—making it more appealing to institutions than its competitor Monero. Fueled by this news, Zcash’s price has surged over 75% in the past 30 days, with its current market capitalization standing at approximately $6.3 billion. Foundry currently controls about 31% of the global Bitcoin hash rate, making it the world’s largest Bitcoin mining pool operator.

Bitcoin BIP-110 Nears Block 961,632, Miner Signal Support Rate Only 2.45%

Odaily News: Bitcoin's BIP-110 will enter the enforcement phase after block 961,632, where nodes will reject blocks that do not signal support. Monitoring page data shows that among the 1,674 blocks counted in the current cycle, only 41 blocks support BIP-110, putting the miner signal support rate at 2.45%. BIP-110, officially named "Reduced Data Temporary Softfork," plans to tighten certain data rules in Bitcoin transactions within approximately one year, restricting the size of certain data elements used by Ordinals inscriptions and multiple token protocols. The proposal is primarily distributed through Bitcoin Knots, and Bitcoin Core has not adopted it. Major mining pools such as Foundry, Antpool, F2pool, and Viabtc have not issued support signals. If BIP-110 nodes execute as planned, the network could see two transaction histories, with the majority of miners and Bitcoin Core users expected to continue using the existing rules. Australian Bitcoin exchange Hardblock stated that BIP-110 activation is expected around August 7-8 and may temporarily suspend buying, selling, deposits, and withdrawals. Lightning Network tools and analytics provider Amboss has warned of a fork risk in early August, and Australian Bitcoin exchange Bitaroo plans to freeze deposits and withdrawals as the mandatory signaling deadline approaches.

Citrini analyst jukan: Samsung Foundry achieves monthly profitability in June for the first time since 2023

Citrini analyst jukan posted on X platform, quoting South Korean media reports, stating that Samsung Foundry achieved monthly profitability in June, marking the first time since 2023. With the monthly profit turning positive in June, Samsung insiders reportedly believe the likelihood of the company achieving a profitability turnaround starting from the third quarter has increased. The production of HBM4 base dies using Samsung's 4nm process is regarded as a key factor driving this turnaround, while improvements in yield rate are also considered a major factor supporting the monthly profit positivity.Industry sources estimate that the yield rate of Samsung's 4nm process has improved to approximately 80%.

Situational Awareness Heavy Investment Target Revealed: $400 Million Invested in Semiconductor Manufacturing Startup Source Foundry

According to Bloomberg, former OpenAI researcher Leopold Aschenbrenner's AI fund Situational Awareness invested $400 million this week to back a private company, semiconductor manufacturing startup Source Foundry. It is reported that VC giant Sequoia Capital also supports the startup. As of now, representatives of Situational Awareness and Source Foundry have not responded to requests for comment, while Sequoia Capital declined to confirm the hedge fund's investment details. According to reports, Source Foundry is dedicated to developing a semiconductor manufacturing process that is simpler, lower-cost, and faster than existing methods, aiming to bridge the widening gap between artificial intelligence computing demand and chip manufacturing capacity expansion capabilities. Analysts believe that Leopold Aschenbrenner's large-scale investment reflects the market's continued strong demand for new chip manufacturing technologies, as artificial intelligence developers' demand for computing power continues to grow. However, this investment also reveals that Situational Awareness had already established highly concentrated risk exposure before its public technology holdings encountered severe volatility and the fund came under significant financial pressure.

Bitcoin BIP-110 Nears Block 961,632, Miner Signal Support Rate Only 2.45%

Odaily News: Bitcoin's BIP-110 will enter the enforcement phase after block 961,632, where nodes will reject blocks that do not signal support. Monitoring page data shows that among the 1,674 blocks counted in the current cycle, only 41 blocks support BIP-110, putting the miner signal support rate at 2.45%. BIP-110, officially named "Reduced Data Temporary Softfork," plans to tighten certain data rules in Bitcoin transactions within approximately one year, restricting the size of certain data elements used by Ordinals inscriptions and multiple token protocols. The proposal is primarily distributed through Bitcoin Knots, and Bitcoin Core has not adopted it. Major mining pools such as Foundry, Antpool, F2pool, and Viabtc have not issued support signals. If BIP-110 nodes execute as planned, the network could see two transaction histories, with the majority of miners and Bitcoin Core users expected to continue using the existing rules. Australian Bitcoin exchange Hardblock stated that BIP-110 activation is expected around August 7-8 and may temporarily suspend buying, selling, deposits, and withdrawals. Lightning Network tools and analytics provider Amboss has warned of a fork risk in early August, and Australian Bitcoin exchange Bitaroo plans to freeze deposits and withdrawals as the mandatory signaling deadline approaches.

Foundry USA mined 6 consecutive blocks, Bitcoin block 941,881 chain reorganization completed

Odaily News, March 24 – Antpool mined Bitcoin block 941,881 at UTC time 15:49:35. Foundry USA mined another version of the same height 12 seconds later, briefly creating two competing chains on the Bitcoin blockchain. Subsequently, ViaBTC extended block 941,882 on top of the Antpool version, while Foundry USA also continued to extend its own branch. Foundry USA then mined blocks 941,883 to 941,886 consecutively, giving its branch a cumulative workload lead. Nodes subsequently reorganized to the Foundry USA version, causing the blocks mined by Antpool and ViaBTC to become orphaned. The affected miners lost the corresponding block rewards and fees, and transactions not confirmed on the winning chain re-entered the mempool to be confirmed in subsequent blocks.

Fortitude Launches 12 MW Mining Facility in Nebraska, Surpassing 60 MW in Self-Owned Power Portfolio

: Zcash mining company Fortitude has launched its 12 MW facility in Grand Island, Nebraska, completing its first greenfield data center construction and expanding its self-owned power portfolio to over 60 MW across seven sites. Fortitude stated that the facility has completed construction and electrical testing and is ready for commercial operations. This milestone comes ahead of Fortitude's planned public listing through a business combination with HeartSciences (Nasdaq: HSCS), a listed medical technology company. Fortitude expects that, with successful miner deployment and stable power, network, and market conditions, the facility will reduce the direct cash cost of mining Zcash from approximately $70 per coin to around $40 per coin. The company attributes the cost reduction to lower-cost self-owned power and more efficient next-generation mining hardware. The facility is expected to procure power at approximately $0.045 per kilowatt-hour. It is located between two solar power generation facilities and adjacent to a substation with spare capacity. Fortitude was spun off from the Foundry mining division of Digital Currency Group in January 2025, with operations including mining Bitcoin and other proof-of-work cryptocurrencies.

Bitcoin BIP-110 Forced Signaling Window Opens in Less Than Two Weeks, Current Support Rate ~2.64%

Odaily Odaily News: The Bitcoin BIP-110 forced signaling window will open at block height 961632, expected around August 9, 2026. As of 8:40 AM (EDT) on July 27, the chain height is 959842, approximately 1790 blocks away from this activation block. The current BIP-110 signaling support rate is around 2.64%. BIP-110, officially named "Reduced Data Temporary Softfork," proposes to limit the size of certain data fields within Bitcoin transactions, targeting Ordinals-like inscriptions, large OP_RETURN payloads, and similar high-data-volume use cases. If activated, the restrictions will take effect at block 965664 and automatically expire after 52,416 blocks (approximately one year). Current signaling support primarily comes from Ocean, independent miners, and small-scale operators. Major mining pools such as Foundry, Antpool, ViaBTC, and F2pool have not yet switched to supporting the proposal. Foundry has requested clients to vote based on their average hashrate; only when “support” votes exceed 51% of the participating weighted hashrate will the pool switch all its blocks to signaling support. If the current signaling level persists until block 961632, nodes enforcing BIP-110 will reject blocks that have not signaled version bit 4 and will instead follow the minority of blocks that do signal. Unupgraded nodes will continue to accept both signaling and non-signaling blocks, and will follow the chain with the most cumulative proof of work.

Moonshot AI to Open Source 2.8-Trillion-Parameter Kimi K3 Weights, Chinese Open-Weight Model Token Share Rises to 68%

Chinese AI startup Moonshot AI will release the model weights of its high-performance model, Kimi K3. Developers can download the model, modify it for various purposes, and run it in their own data centers or cloud environments.Kimi K3 boasts 2.8 trillion parameters and a 1 million token context window, enabling it to process large-scale documents and codebases in a single pass. Moonshot AI plans to later publish a technical report detailing the model's architecture, training methodology, and performance evaluation results.Following the release of Kimi K3, Moonshot AI's daily revenue is reported to have increased by at least 6 times. The company is reportedly advancing a new round of fundraising at a $50 billion valuation and is considering a Hong Kong listing as early as this year.According to Bloomberg Intelligence, following the release of Kimi K3 and Z.AI's GLM-5.2, the share of Chinese open-weight models in overall token usage has risen to 68%. Services like AWS Bedrock, Microsoft Azure Foundry, and Google Vertex AI currently do not offer Chinese open-weight models such as Kimi K3 and GLM-5.2.

Related news

Morgan Stanley: Blades and Impellers Become New Bottleneck for AI Power Supply, SpaceX Builds Own Foundry to Break Through Compute Scale Ceiling

According to Chaoxiang Research, Morgan Stanley's August 16 research report pointed out that the AI data center computing power competition is shifting from chips to power, with gas turbine blades and impellers becoming the new bottleneck. Globally, only three foundries can produce large gas turbine hot-end blades and impellers, and orders are already booked through 2030. SpaceX built a new foundry in Bastrop, Texas, meeting the demand for both data center turbines and Starship Raptor engine turbopumps through vertical integration. SpaceX has secured about 3 to 4GW of gas turbine supply, with publicly disclosed commitments totaling nearly 8GW. Musk proposed a 10GW computing power target by the end of 2027; Morgan Stanley currently models only 5GW, with the gap lying in power supply timing. The report estimates that each GW of computing power represents an annual revenue opportunity of about $50 billion. Morgan Stanley maintains an overweight rating and $300 target price for SpaceX, with an SOTP breakdown of $18 for Space business, $118 for Connectivity, $8 for X and Grok, and $165 for Enterprise AI. The current stock price is about $141, with the market pricing Enterprise AI at only about $13, approximately 1x 2028 EV/Revenue. Morgan Stanley believes the pullback following the lock-up expiration provides an entry window; if SpaceX can prove it will push computing power to 5GW or even higher by the end of 2027, the Enterprise AI business

AI Investment Guru Leopold Aschenbrenner Returns to Investment Arena, Invests $500 Million in Chip Manufacturing Startup Source Foundry

Former OpenAI researcher and AI investor Leopold Aschenbrenner invested in stealth chip manufacturing startup Source Foundry through his fund, with the total investment reaching $500 million. The company aims to develop new lithography solutions challenging traditional semiconductor manufacturing technology.

Situational Awareness Heavy Investment Target Revealed: $400 Million Invested in Semiconductor Manufacturing Startup Source Foundry

According to Bloomberg, former OpenAI researcher Leopold Aschenbrenner's AI fund Situational Awareness invested $400 million this week to back a private company, semiconductor manufacturing startup Source Foundry. It is reported that VC giant Sequoia Capital also supports the startup. As of now, representatives of Situational Awareness and Source Foundry have not responded to requests for comment, while Sequoia Capital declined to confirm the hedge fund's investment details. According to reports, Source Foundry is dedicated to developing a semiconductor manufacturing process that is simpler, lower-cost, and faster than existing methods, aiming to bridge the widening gap between artificial intelligence computing demand and chip manufacturing capacity expansion capabilities. Analysts believe that Leopold Aschenbrenner's large-scale investment reflects the market's continued strong demand for new chip manufacturing technologies, as artificial intelligence developers' demand for computing power continues to grow. However, this investment also reveals that Situational Awareness had already established highly concentrated risk exposure before its public technology holdings encountered severe volatility and the fund came under significant financial pressure.

Bitcoin BIP-110 Nears Block 961,632, Miner Signal Support Rate Only 2.45%

Odaily News: Bitcoin's BIP-110 will enter the enforcement phase after block 961,632, where nodes will reject blocks that do not signal support. Monitoring page data shows that among the 1,674 blocks counted in the current cycle, only 41 blocks support BIP-110, putting the miner signal support rate at 2.45%. BIP-110, officially named "Reduced Data Temporary Softfork," plans to tighten certain data rules in Bitcoin transactions within approximately one year, restricting the size of certain data elements used by Ordinals inscriptions and multiple token protocols. The proposal is primarily distributed through Bitcoin Knots, and Bitcoin Core has not adopted it. Major mining pools such as Foundry, Antpool, F2pool, and Viabtc have not issued support signals. If BIP-110 nodes execute as planned, the network could see two transaction histories, with the majority of miners and Bitcoin Core users expected to continue using the existing rules. Australian Bitcoin exchange Hardblock stated that BIP-110 activation is expected around August 7-8 and may temporarily suspend buying, selling, deposits, and withdrawals. Lightning Network tools and analytics provider Amboss has warned of a fork risk in early August, and Australian Bitcoin exchange Bitaroo plans to freeze deposits and withdrawals as the mandatory signaling deadline approaches.

Japan-based major Bitcoin mining pool SBI Crypto ceased operations on July 31

Odaily News: Japan-based major Bitcoin mining pool SBI Crypto has ceased its Bitcoin mining pool services as of July 31. Prior to the shutdown, its 7-day average hash rate dropped from 16.222 EH/s on June 30 to 5.817 EH/s on July 30, a decline of approximately 64% within a month.Meanwhile, data from Hashrate Index shows that on July 31, the three major mining pools—Foundry USA, AntPool, and F2Pool—collectively accounted for approximately 60.01% of Bitcoin's block share. Although SBI Crypto's hash rate saw a significant decline, public mining pool data cannot confirm which pool these hash rates ultimately migrated to. (CryptoSlate)

Foundry USA mined 6 consecutive blocks, Bitcoin block 941,881 chain reorganization completed

Odaily News, March 24 – Antpool mined Bitcoin block 941,881 at UTC time 15:49:35. Foundry USA mined another version of the same height 12 seconds later, briefly creating two competing chains on the Bitcoin blockchain. Subsequently, ViaBTC extended block 941,882 on top of the Antpool version, while Foundry USA also continued to extend its own branch. Foundry USA then mined blocks 941,883 to 941,886 consecutively, giving its branch a cumulative workload lead. Nodes subsequently reorganized to the Foundry USA version, causing the blocks mined by Antpool and ViaBTC to become orphaned. The affected miners lost the corresponding block rewards and fees, and transactions not confirmed on the winning chain re-entered the mempool to be confirmed in subsequent blocks.