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Project Overview
Gemini is a digital asset exchange and custodial services company that enables users to buy, sell, and store cryptocurrencies.
AI architecture company Pathway completes $30 million seed funding round, with participation from Id4 Ventures and others
Odaily News: AI architecture development company Pathway has announced the completion of a $30 million seed funding round, with participation from Id4 Ventures, TQ Ventures, Red Bridge Ventures, Kadmos Capital, and WS Investment, the investment arm of Wilson Sonsini, among others. Databricks' Chief AI Scientist Jonathan Frankle has joined as an angel investor.Pathway is developing a Bio-inspired Dynamic Hierarchical architecture (BDH), a "post-Transformer" architecture designed to overcome the limitations of current Transformer models, which continue to rely on ever-increasing data, GPUs, energy, and capital expansion. Unlike traditional large models that require periodic retraining, BDH enables continuous learning and ongoing adaptation with significantly less data.The company also announced the appointment of Adam Kurzrok, former product lead for Google DeepMind's Gemini, as Chief Product Officer. He will oversee the product direction of BDH models, covering areas such as model packaging, evaluation systems, and commercial deployment. (Finsmes)
WonderFi Founder Criticizes Canada's Innovation Environment: Struggling to Grow, Forced into Sale to Robinhood
Odaily News - Karia Samaroo, founder and former CEO of Canadian crypto company WonderFi, recently stated that the company's acquisition by US trading platform Robinhood Markets for CAD 250 million was not due to a lack of growth potential, but rather because Canada's market environment has restricted local tech companies from continuing to scale.Samaroo said that WonderFi was founded in 2021. After several years of development, the company consolidated Canada's fragmented crypto market, built a nationwide brand, and survived the QuadrigaCX collapse, the FTX crash, and Canada's strict crypto regulatory environment. By 2023, WonderFi had become a leading crypto platform in the Canadian market.However, he believes that succeeding in Canada was not the company's ultimate goal. WonderFi had originally hoped to grow into a global enterprise, and Robinhood saw WonderFi as a strategic gateway into the Canadian market, which led to the CAD 250 million acquisition. Samaroo pointed out that Canada has long faced structural issues that limit companies' ability to scale, including insufficient venture capital, weak public markets, regulatory fragmentation, and declining attractiveness of entrepreneurial returns.For the crypto industry, the challenges are even more pronounced. Samaroo noted that after the QuadrigaCX incident, Canadian regulators established one of the world's strictest crypto regulatory frameworks. While the original intent was to protect investors, it also increased operational costs for businesses. International trading platforms including Binance, OKX, Bybit, and Gemini all entered the Canadian market previously and then exited. He believes that Canada's crypto regulations are not only strict but also compounded by fragmented securities regulatory systems, leading to higher financing costs, increased operational complexity, and diminished interest from overseas investors.Samaroo said that WonderFi is not an isolated case—many Canadian tech companies have followed a similar trajectory: growing domestically until hitting market ceilings, then ultimately seeking overseas capital or strategic buyers. Shopify founder Tobi Lütke has also previously criticized Canada for repeatedly "nurturing important companies only to send them abroad." Restricting corporate sales can easily become a political statement, but the real key to solving the problem lies in building a business environment that supports companies in financing, expansion, and competing globally.Robinhood previously announced the acquisition of WonderFi for approximately CAD 250 million. This deal also reflects the accelerating consolidation in the North American crypto industry, as US platforms expand into other markets through M&A. (Fortune)
Bitget UEX continues to expand, now supporting over 340 US stock assets
amidst the US earnings season and the continuous advancement of AI narratives by tech giants, according to official sources from Bitget, the platform has recently added 10 new US stock contract targets. As a result, Bitget's Universal Exchange (UEX) now supports 263 US stock tokens and 81 US stock contracts. The total number of US stock-related assets tradable across the entire platform has exceeded 340.This week enters a period of密集 earnings reports and macroeconomic data releases. Through continuous expansion, Bitget aims to provide users with a wide range of cross-market asset allocation channels.3 Key Focus Targets This Week:• NVDA (NVIDIA): Will release Q1 earnings after the US market closes on May 20. The implied volatility from the options market suggests a potential single-day swing of over 7.5%. As the core of AI computing power, its performance will directly impact the overall valuation trend of the tech sector.• GOOGL (Google): Recently, at its I/O conference, Google intensively released multiple new products such as Gemini 3.5 and AI agents. The market is closely monitoring the subsequent pace of commercial implementation and revenue monetization capabilities.• WMT (Walmart): Will release Q1 earnings before the market opens on May 21. As a retail giant, Walmart's resilience during the consumer downturn cycle is under significant scrutiny. The earnings results and guidance will directly influence investors' assessment of full-year growth expectations and the stock's short-term performance.
Wall Street analysts upgraded ratings for several crypto companies, believing the market has undervalued their AI infrastructure and capital markets transformation potential.
According to The Block, three Wall Street firms—Benchmark, TD Cowen, and Mizuho—maintained “Buy” ratings on four crypto-related companies—Bitdeer, DeFi Technologies, Strive, and Gemini—on Monday, noting that the market continues to value these platforms, which have pivoted toward AI infrastructure, capital markets tools, and structured financial products, using trading-business valuation multiples. Benchmark analysts reiterated their “Buy” rating on Bitdeer and $27 price target, highlighting its global power asset portfolio of approximately 3.0 GW and the growth of its AI cloud business’s annual recurring revenue—from roughly $10 million at the end of January to approximately $69 million by the end of April. TD Cowen raised its price target for Strive to $30, forecasting a 26.1% Bitcoin yield for the company in 2026. Mizuho maintained its “Outperform” rating on Gemini but lowered its price target from $12 to $10, noting that although Q1 trading volume declined by over 50%, trading revenue remained largely flat—reflecting higher fee rates and an optimized revenue mix.
The Winklevoss brothers invest $100 million in cryptocurrency exchange Gemini.
According to Bloomberg, Tyler Winklevoss and Cameron Winklevoss have made a $100 million strategic investment in New York–based cryptocurrency exchange Gemini Space Station Inc. through Winklevoss Capital Fund, purchasing Class A common stock at $14 per share, with payment made in Bitcoin. Following the announcement, the company’s stock rose approximately 15% after hours. As of Thursday’s close, its share price stood at $5.26—down more than 80% over the past year. Gemini’s net loss narrowed to $109 million in Q1, compared to $149 million a year earlier; revenue grew 42% to $50 million, driven primarily by income from services such as credit cards. CEO Tyler Winklevoss stated that the market has severely undervalued Gemini, and this investment will help the company transition from a crypto firm to a broader market company. Gemini went public in September 2025, shortly after which the crypto market entered a downturn.
Trump Pushes for CLARITY Act Passage; Crypto Leaders Participate
US President Donald Trump joined executives from crypto companies such as Coinbase and Gemini to urge the Senate to pass the CLARITY Act, which was passed by the House of Representatives in July 2025 but has stalled in the Senate.
Prediction market companies not invited; White House to hold tech leaders event with Trump tomorrow
Odaily Odaily News: The White House plans to host a tech industry leaders event with Trump tomorrow, with multiple tech industry leaders expected to attend. According to White House sources, prediction market companies were not invited to this event and will not be present. Previously, sources familiar with the matter revealed that President Trump is expected to attend a crypto industry innovation meeting to be held at the White House next week, engaging in discussions with executives from multiple crypto companies as well as heads of prediction market and AI firms. Executives from companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi are expected to participate and serve as members of the newly established Innovation Advisory Committee under the U.S. Commodity Futures Trading Commission. The meeting is expected to be held at the Eisenhower Executive Office Building next to the White House, discussing U.S. policies on innovation areas including fintech, crypto assets, prediction markets, and AI. CFTC Chairman Mike Selig and other government advisors are also expected to attend, and Treasury Secretary Bessent and Commerce Secretary Lutnick may also be present.
Tornado Cash founder Roman Storm questions DOJ logic, says Google and OpenAI should also be held accountable
Odaily News, Tornado Cash founder Roman Storm stated that if the logic behind the U.S. Department of Justice's (DOJ) case against him holds, tech companies Google and OpenAI should also be held liable for North Korean hackers abusing their products. Those involved reportedly used ChatGPT to write code and Google Gemini for forgery and image manipulation. Storm was convicted in August 2025 of conspiracy to operate an unlicensed money-transmitting business. He pointed out that the Tornado Cash case could set a legal precedent where software developers are penalized for criminal acts committed by users, emphasizing that criminals should be held accountable rather than the developers of tools. The CLARITY Act for digital asset markets is intended to provide protections for software developers by distinguishing developer liability from the potential misuse of protocols for illegal activities. However, although a final motion for consideration of the bill has been scheduled for a vote, its current chances of passage remain low. (Bitcoin News)
Gemini posts loss for fourth consecutive quarter, net loss of $107.7 million in the second quarter
Bloomberg reported that crypto trading platform Gemini Space Station Inc. announced that following its listing last year, the company has recorded losses for the fourth consecutive quarter. The net loss for the second quarter was $107.7 million, equivalent to a loss of $0.89 per share, higher than the average expectation of analysts surveyed by Bloomberg; the net loss for the same period last year was $133 million. Revenue for the same period increased by 37% year-on-year to $45.5 million, exceeding market expectations.
New York City Council Launches Investigation Into Four Major Prediction Market Platforms
According to The Block, the New York City Council has launched an investigation into four prediction market platforms—Kalshi, Polymarket, Coinbase, and Gemini Titan—alleging they employed "false, deceptive, or abusive" marketing tactics targeting young users. Among them, Polymarket was accused of paying social media creators to film videos placing fake bets on counterfeit websites, an incident first disclosed by The Wall Street Journal in June this year. Additionally, prediction market platforms face insider trading allegations; New York Governor Kathy Hochul signed an executive order in April prohibiting state government employees from using confidential government information to place bets on prediction markets.
研究人员设虚假加密初创公司"Ballena Azul"诱捕疑似朝鲜 IT 工人，成功提取关键情报
据 Cointelegraph 报道，网络安全公司 BCA LTD 创始人 Mauro Eldritch与 Telefónica Tech 网络威胁情报分析师 Heiner García 联合搭建虚假加密初创公司"Ballena Azul"，成功诱使疑似朝鲜 IT 工人在受控虚拟桌面环境中工作长达五周，并全程监控其行为。 调查显示，相关工人使用的外部服务器与此前分发 InvisibleFerret、BeaverTail及 OtterCookie 等恶意软件的朝鲜网络行动基础设施存在关联；工人还大量依赖 ChatGPT 辅助编程、Google Gemini 伪造身份文件。研究人员指出，朝鲜 IT 工人通过伪造美国身份获取远程工作，所得薪资最终流向平壤政权的大规模杀伤性武器项目，美国财政部数据显示，此类计划 2024 年为朝鲜创收近 8 亿美元。
Gemini posts loss for fourth consecutive quarter, net loss of $107.7 million in the second quarter
Bloomberg reported that crypto trading platform Gemini Space Station Inc. announced that following its listing last year, the company has recorded losses for the fourth consecutive quarter. The net loss for the second quarter was $107.7 million, equivalent to a loss of $0.89 per share, higher than the average expectation of analysts surveyed by Bloomberg; the net loss for the same period last year was $133 million. Revenue for the same period increased by 37% year-on-year to $45.5 million, exceeding market expectations.
Loss of $19.8 Million: A Whale Moves 1,770 BTC After Nearly 2 Years of Inactivity
: According to Onchain Lens monitoring, a whale transferred approximately 1,770 Bitcoin, worth about $112 million, after remaining dormant for nearly 2 years, incurring a loss of roughly $19.8 million. The position was valued at approximately $132 million when received from Gemini. Among these, 114 Bitcoin, worth about $7.23 million, were transferred to Kraken, possibly for sale; 1,650 Bitcoin, worth approximately $10.491 million, were transferred to a new wallet.
研究人员设虚假加密初创公司"Ballena Azul"诱捕疑似朝鲜 IT 工人，成功提取关键情报
据 Cointelegraph 报道，网络安全公司 BCA LTD 创始人 Mauro Eldritch与 Telefónica Tech 网络威胁情报分析师 Heiner García 联合搭建虚假加密初创公司"Ballena Azul"，成功诱使疑似朝鲜 IT 工人在受控虚拟桌面环境中工作长达五周，并全程监控其行为。 调查显示，相关工人使用的外部服务器与此前分发 InvisibleFerret、BeaverTail及 OtterCookie 等恶意软件的朝鲜网络行动基础设施存在关联；工人还大量依赖 ChatGPT 辅助编程、Google Gemini 伪造身份文件。研究人员指出，朝鲜 IT 工人通过伪造美国身份获取远程工作，所得薪资最终流向平壤政权的大规模杀伤性武器项目，美国财政部数据显示，此类计划 2024 年为朝鲜创收近 8 亿美元。
A certain whale again withdrew 9,000 ETH from Gemini today, worth approximately $16.87 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale withdrew another 9,000 ETH (approximately $16.87 million) from Gemini today. Over the past month, this wallet has cumulatively withdrawn approximately 121,000 ETH (approximately $227 million) and transferred most of it to a self-custody wallet for staking.
Rumored DeepMind Founder Hassabis Considering Leaving Google; Google Management Delays Departure Amid Concerns Over Stock Price Plummet
Citrini analyst Jukan reposted content on platform X stating that industry insiders say Google DeepMind co-founder Demis Hassabis previously planned to leave around the same time as another co-founder David Silver, but Google management worried this news might trigger a significant stock price drop, therefore hoping he would postpone his departure. Sources say that after Google announced relevant adjustments, the company's stock price indeed dropped, and eventually Hassabis was persuaded to transition to the DeepMind Chairman position to help the organization transition smoothly and create space to leave Google in a more appropriate way in the future. It is reported that as David Silver turns to founding Ineffable Intelligence and John Jumper joins Anthropic, DeepMind's core AI R&D strength is undergoing changes. Some insiders believe that the center truly driving AI model development at Google has now shifted more towards the US Bay Area, DeepMind's importance has declined somewhat, and Google's internal focus has shifted to the large language model Gemini to catch up with OpenAI and Anthropic. Hassabis's adjustment reflects long-standing strategic contradictions within Google: research personnel focus more on long-term scientific breakthroughs, while business teams focus more on AI products that can be commercialized quickly and drive revenue and stock price growth. The market predicts Hassabis may leave Google within a year and may start a new venture again.
B.AI weekly benefits continue to update, 90% off API access channel launched, Qwen3.8-Max available for free
B.AI welcomes multiple major updates this week. In terms of benefits, new users can log in with one click using Bitget Wallet, Binance Wallet, or imToken wallet to immediately claim 1 million free Credits; logging in via an invitation code grants an additional 300,000, stacking with the exclusive wallet login bonus for a cumulative maximum of 1.3 million, while inviters simultaneously enjoy permanent rebates on friends' recharges and subscriptions. Recharge discounts are released simultaneously, with BNB Chain channels enjoying an exclusive 1:1 equivalent quota bonus, while other multiple payment methods enjoy a 1:0.5 bonus; a single user can receive up to $100 equivalent points. On the model side, new breakthroughs continue as the "Choose Your Own Provider" lineup expands significantly this week, adding the Nebula channel and launching historic call discounts as low as 90% off; meanwhile, Alibaba's flagship Qwen model Qwen3.8-Max officially lands on the platform and is now open for limited-time free experience. Currently, the choose-your-own-provider mode fully covers global mainstream large model series such as Claude, GPT, and Gemini; combined with recharge bonuses and multiple discount tiers, it continues to deliver extreme cost-performance computing power for global developers and enterprise users. Log in now at chat.b.ai/chat to start your journey of intelligent creation.
Tornado Cash founder Roman Storm questions DOJ logic, says Google and OpenAI should also be held accountable
Odaily News, Tornado Cash founder Roman Storm stated that if the logic behind the U.S. Department of Justice's (DOJ) case against him holds, tech companies Google and OpenAI should also be held liable for North Korean hackers abusing their products. Those involved reportedly used ChatGPT to write code and Google Gemini for forgery and image manipulation. Storm was convicted in August 2025 of conspiracy to operate an unlicensed money-transmitting business. He pointed out that the Tornado Cash case could set a legal precedent where software developers are penalized for criminal acts committed by users, emphasizing that criminals should be held accountable rather than the developers of tools. The CLARITY Act for digital asset markets is intended to provide protections for software developers by distinguishing developer liability from the potential misuse of protocols for illegal activities. However, although a final motion for consideration of the bill has been scheduled for a vote, its current chances of passage remain low. (Bitcoin News)
Google Gemini Spark Agent Globally Available, Can Book Flights and Organize Inbox
Google made the Gemini Spark agent available to most users globally on July 31. Integrated with the Chrome browser, the agent can use saved account passwords upon user authorization to perform web operations on behalf of the user, such as searching for flights, booking tickets, and checking saved listings. It can also organize inboxes, summarize emails, and unsubscribe from services. Spark provides two security mechanisms: it defends against prompt injection attacks and hands over sensitive operations such as payments to the user to complete. This marks a new development in Google's implementation of browser AI agents.
California Man Sentenced to 70 Months in Federal Prison for Money Laundering for “Crypto Kids” Criminal Organization
According to the LA Times, Evan Tangeman, a 22-year-old resident of California, was sentenced to 70 months in federal prison followed by three years of supervised release for laundering at least $3.5 million for the “Crypto Kids” criminal organization. The group carried out social engineering scams by impersonating employees of cryptocurrency exchanges such as Coinbase and Gemini, stealing over $263 million worth of digital assets. The illicit proceeds were used to purchase luxury vehicles, lease high-end residences, and fund extravagant spending. In addition to handling money laundering, Tangeman assisted group members in leasing luxury homes and instructed co-defendants to destroy digital devices after other members were arrested. Federal agents seized a Rolls-Royce Ghost and a Porsche GT3 RS from his residence.
Bank of America: Anthropic leads frontier AI model rankings, token prices ease but GPU rents remain firm
According to TechFlow Research, the frontier AI data tracking report released by Bank of America Securities on August 17 shows that Anthropic leads comprehensively in three major AI benchmarks, with Claude Opus 5 ranking first in the Intelligence Index, Agent Index, and Coding Agent Index, GPT-5.6 Sol following closely behind, Meta MuseSpark 1.2 entering the top ten, and Google Gemini 3.6 Flash ranking outside the top ten. In terms of usage, DeepSeek leads with approximately 30% of the Vercel platform token share, Anthropic accounts for 25% and OpenAI accounts for 16%; but in terms of payment amount, Anthropic leads far ahead with 65%, while OpenAI accounts for only 11%. In terms of pricing, the AI Token Price Index decreased 9% month-over-month in August to $2.21, but still increased 87% year-over-year; GPU rental rates remain strong, with H100 increasing 33% year-over-year to $2.77/hour, DRAM increasing 483% year-over-year, and NAND increasing 432% year-over-year. The research report judges that AI infrastructure demand remains healthy, with open-source model usage growing but payment share still highly concentrated on top closed-source models. BofA believes that the Meta "Watermelon" and Google Gemini 4 releases, token pricing trends and GPU rental trends are
Google 发布 Chrome 扩展 Nano Banana 与 Gemini Omni 打造可视化百科
Google AI for Developers 发布一款 Chrome 扩展，结合 Nano Banana 与 Gemini Omni，将网络内容转化为交互式视觉百科全书。该扩展在 Antigravity 中使用 Gemini 3.7 Flash 构建，用户浏览网页时高亮任意文本，即可快速生成丰富的视觉化释义，辅助深度学习。
Google launches Gemini 3.7 Flash, Gemini 3.5 Pro release date still unannounced
Google released the new AI model Gemini 3.7 Flash, but did not specify the release date for its most powerful model, Gemini 3.5 Pro, which remains affected by delays.
AI architecture company Pathway completes $30 million seed funding round, with participation from Id4 Ventures and others
Odaily News: AI architecture development company Pathway has announced the completion of a $30 million seed funding round, with participation from Id4 Ventures, TQ Ventures, Red Bridge Ventures, Kadmos Capital, and WS Investment, the investment arm of Wilson Sonsini, among others. Databricks' Chief AI Scientist Jonathan Frankle has joined as an angel investor.Pathway is developing a Bio-inspired Dynamic Hierarchical architecture (BDH), a "post-Transformer" architecture designed to overcome the limitations of current Transformer models, which continue to rely on ever-increasing data, GPUs, energy, and capital expansion. Unlike traditional large models that require periodic retraining, BDH enables continuous learning and ongoing adaptation with significantly less data.The company also announced the appointment of Adam Kurzrok, former product lead for Google DeepMind's Gemini, as Chief Product Officer. He will oversee the product direction of BDH models, covering areas such as model packaging, evaluation systems, and commercial deployment. (Finsmes)
Google Releases Pixel Watch 5: Minor Hardware Upgrades, AI and Health Features Become Core Selling Points
According to The Verge, Google has officially released the Pixel Watch 5, priced at $399, up $50 from the previous generation. Hardware updates are limited, featuring only a faster Qualcomm processor, a slightly increased battery capacity, and new Satin Pyrite colorway and Steph Curry Special Edition. The biggest highlight of this generation lies in the software front: Gemini adds an offline mode, supporting basic operations such as setting timers and launching apps in offline environments (though response speed is significantly slower in offline state). Meanwhile, Gemini will more proactively provide contextual suggestions; for example, when receiving a text message inquiring about the schedule, users can directly access Google Calendar from the wrist. Additionally, the watch face adds real-time information icons, capable of instantly displaying timers, Uber estimated arrival times, and fitness data. Pinch and wrist flip gesture controls also achieve deeper system integration with Wear OS 7.
WonderFi Founder Criticizes Canada's Innovation Environment: Struggling to Grow, Forced into Sale to Robinhood
Odaily News - Karia Samaroo, founder and former CEO of Canadian crypto company WonderFi, recently stated that the company's acquisition by US trading platform Robinhood Markets for CAD 250 million was not due to a lack of growth potential, but rather because Canada's market environment has restricted local tech companies from continuing to scale.Samaroo said that WonderFi was founded in 2021. After several years of development, the company consolidated Canada's fragmented crypto market, built a nationwide brand, and survived the QuadrigaCX collapse, the FTX crash, and Canada's strict crypto regulatory environment. By 2023, WonderFi had become a leading crypto platform in the Canadian market.However, he believes that succeeding in Canada was not the company's ultimate goal. WonderFi had originally hoped to grow into a global enterprise, and Robinhood saw WonderFi as a strategic gateway into the Canadian market, which led to the CAD 250 million acquisition. Samaroo pointed out that Canada has long faced structural issues that limit companies' ability to scale, including insufficient venture capital, weak public markets, regulatory fragmentation, and declining attractiveness of entrepreneurial returns.For the crypto industry, the challenges are even more pronounced. Samaroo noted that after the QuadrigaCX incident, Canadian regulators established one of the world's strictest crypto regulatory frameworks. While the original intent was to protect investors, it also increased operational costs for businesses. International trading platforms including Binance, OKX, Bybit, and Gemini all entered the Canadian market previously and then exited. He believes that Canada's crypto regulations are not only strict but also compounded by fragmented securities regulatory systems, leading to higher financing costs, increased operational complexity, and diminished interest from overseas investors.Samaroo said that WonderFi is not an isolated case—many Canadian tech companies have followed a similar trajectory: growing domestically until hitting market ceilings, then ultimately seeking overseas capital or strategic buyers. Shopify founder Tobi Lütke has also previously criticized Canada for repeatedly "nurturing important companies only to send them abroad." Restricting corporate sales can easily become a political statement, but the real key to solving the problem lies in building a business environment that supports companies in financing, expansion, and competing globally.Robinhood previously announced the acquisition of WonderFi for approximately CAD 250 million. This deal also reflects the accelerating consolidation in the North American crypto industry, as US platforms expand into other markets through M&A. (Fortune)
Related news
Trump Pushes for CLARITY Act Passage; Crypto Leaders Participate
US President Donald Trump joined executives from crypto companies such as Coinbase and Gemini to urge the Senate to pass the CLARITY Act, which was passed by the House of Representatives in July 2025 but has stalled in the Senate.
Prediction market companies not invited; White House to hold tech leaders event with Trump tomorrow
Odaily Odaily News: The White House plans to host a tech industry leaders event with Trump tomorrow, with multiple tech industry leaders expected to attend. According to White House sources, prediction market companies were not invited to this event and will not be present. Previously, sources familiar with the matter revealed that President Trump is expected to attend a crypto industry innovation meeting to be held at the White House next week, engaging in discussions with executives from multiple crypto companies as well as heads of prediction market and AI firms. Executives from companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi are expected to participate and serve as members of the newly established Innovation Advisory Committee under the U.S. Commodity Futures Trading Commission. The meeting is expected to be held at the Eisenhower Executive Office Building next to the White House, discussing U.S. policies on innovation areas including fintech, crypto assets, prediction markets, and AI. CFTC Chairman Mike Selig and other government advisors are also expected to attend, and Treasury Secretary Bessent and Commerce Secretary Lutnick may also be present.
Bank of America: Anthropic leads frontier AI model rankings, token prices ease but GPU rents remain firm
According to TechFlow Research, the frontier AI data tracking report released by Bank of America Securities on August 17 shows that Anthropic leads comprehensively in three major AI benchmarks, with Claude Opus 5 ranking first in the Intelligence Index, Agent Index, and Coding Agent Index, GPT-5.6 Sol following closely behind, Meta MuseSpark 1.2 entering the top ten, and Google Gemini 3.6 Flash ranking outside the top ten. In terms of usage, DeepSeek leads with approximately 30% of the Vercel platform token share, Anthropic accounts for 25% and OpenAI accounts for 16%; but in terms of payment amount, Anthropic leads far ahead with 65%, while OpenAI accounts for only 11%. In terms of pricing, the AI Token Price Index decreased 9% month-over-month in August to $2.21, but still increased 87% year-over-year; GPU rental rates remain strong, with H100 increasing 33% year-over-year to $2.77/hour, DRAM increasing 483% year-over-year, and NAND increasing 432% year-over-year. The research report judges that AI infrastructure demand remains healthy, with open-source model usage growing but payment share still highly concentrated on top closed-source models. BofA believes that the Meta "Watermelon" and Google Gemini 4 releases, token pricing trends and GPU rental trends are
Google 发布 Chrome 扩展 Nano Banana 与 Gemini Omni 打造可视化百科
Google AI for Developers 发布一款 Chrome 扩展，结合 Nano Banana 与 Gemini Omni，将网络内容转化为交互式视觉百科全书。该扩展在 Antigravity 中使用 Gemini 3.7 Flash 构建，用户浏览网页时高亮任意文本，即可快速生成丰富的视觉化释义，辅助深度学习。
Tornado Cash founder Roman Storm questions DOJ logic, says Google and OpenAI should also be held accountable
Odaily News, Tornado Cash founder Roman Storm stated that if the logic behind the U.S. Department of Justice's (DOJ) case against him holds, tech companies Google and OpenAI should also be held liable for North Korean hackers abusing their products. Those involved reportedly used ChatGPT to write code and Google Gemini for forgery and image manipulation. Storm was convicted in August 2025 of conspiracy to operate an unlicensed money-transmitting business. He pointed out that the Tornado Cash case could set a legal precedent where software developers are penalized for criminal acts committed by users, emphasizing that criminals should be held accountable rather than the developers of tools. The CLARITY Act for digital asset markets is intended to provide protections for software developers by distinguishing developer liability from the potential misuse of protocols for illegal activities. However, although a final motion for consideration of the bill has been scheduled for a vote, its current chances of passage remain low. (Bitcoin News)
Gemini posts $107.7 million net loss in Q2, revenue up 37% year-over-year
Odaily News Cryptocurrency exchange Gemini reported Q2 revenue of $45.5 million, up 37% year-over-year, but posted a net loss of $107.7 million. Exchange revenue fell 38% year-over-year to $12.5 million, with trading volume declining from $11.3 billion to $3.8 billion. Services revenue grew 149% year-over-year to $23.5 million, with credit card revenue up 231% to $16.2 million and staking revenue up 50% to $4 million. Including interest income, combined services and interest revenue reached $26 million. Trading losses widened from $3.6 million in the same period last year to $20.1 million, primarily driven by identity fraud incidents in the credit card business, which led to a $16.1 million credit loss provision. Q2 operating expenses rose 24% year-over-year to $122.4 million but declined 15% from the first quarter. (Cointelegraph)