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Project Overview
Luna is a virtual idol closely integrated with its native token LUNA, launched as part of the Virtuals platform. Luna livestreams 24/7 on social media and frequently posts tweets.
Galaxy and BitGo Face Off in Court Over Failed Merger; BitGo Seeks at Least $100 Million
Galaxy Digital founder Michael Novogratz and BitGo CEO Mike Belshe are currently litigating over the failed $1.2 billion merger deal from four years ago.According to reports, the transaction was originally intended to take the combined company public on Nasdaq, but was later terminated due to adjustments in SEC accounting guidance and market liquidity crises triggered by the Terra/Luna collapse.BitGo is demanding that Galaxy pay at least $100 million in termination fees, and accuses Galaxy of failing to take reasonable steps to advance the transaction while concealing details of an investigation by U.S. regulators. In response, Novogratz stated that Galaxy was not the subject of the investigation, and argued that BitGo has lost its eligibility to claim the termination fee for failing to submit required financial statements on time. (Bloomberg)
Jane Street seeks dismissal of Terraform lawsuit, claiming attempt to shift blame
: Quantitative trading firm Jane Street has filed a motion with the court to dismiss the insider trading and market manipulation lawsuit filed by Terraform Labs, which accuses the firm of causing the collapse of the UST/LUNA algorithmic stablecoin.In its filing submitted to the U.S. District Court for the Southern District of New York, Jane Street stated that the lawsuit is "baseless" and represents an attempt by Terraform's bankruptcy estate to shift responsibility for the collapse of a multi-billion dollar ecosystem onto a third party.The firm has requested the court to dismiss the entire case "with prejudice," meaning the plaintiff cannot refile the same claims.Jane Street further pointed out that the fraudulent conduct associated with Terraform has already been prosecuted, adjudicated, and penalized, and that it was not involved. Do Kwon has previously pleaded guilty to conspiracy and wire fraud charges and is currently serving a 15-year sentence. A jury has also found Terraform and Kwon liable for securities fraud.
AI programming platform Replit announces adoption of OpenAI's low-cost model to lower the barrier to programming
: AI programming platform Replit has launched a new feature called Free Mode, powered by OpenAI's latest low-cost model GPT-5.6 Luna, aimed at reducing the cost for users to access AI programming tools and enhancing the value for paid subscribers.Replit stated that Free Mode is currently available to Core and Pro subscribers, corresponding to the $20/month and $100/month plans, respectively. This mode will serve as the default experience, allowing users to prioritize the low-cost model for chat, brainstorming, and simple programming tasks. When a task requires stronger reasoning capabilities, Replit Agent will automatically switch to a higher-performance model.Michele Catasta, Head of AI at Replit, said that the launch of Free Mode is made possible by OpenAI significantly cutting the cost of the GPT-5.6 Luna model. At the end of July, OpenAI reduced the API price of this model by approximately 80%, achieving cost reduction through improved model efficiency rather than relying on additional computing resources. (Fortune)
OpenAI: ChatGPT Free Users Can Now Use GPT-5.6 Luna Unlimitedly, Astra Delayed
Odaily News: AI company OpenAI announced that ChatGPT free users and users on the low-cost Go plan can now use the lightweight GPT-5.6 model Luna without limits, but only for text conversations. File uploads, image generation, and voice conversations will still be subject to existing usage limits.GPT-5.6 Luna is the fastest but relatively lower-performing model in the GPT-5.6 series, and it now includes a new "Think" option that allows for extended reasoning time. OpenAI has also improved GPT-5.6's top-tier model Sol for Plus and Pro users, enhancing the reliability of factual information such as numbers, dates, and sources.OpenAI has also decided to postpone the release of its next-generation model, Astra. Internal evaluations of this model have shown strong capabilities in coding and cybersecurity, potentially reaching a "dangerous" rating. Internal activities have been temporarily paused as enhanced safety standards have not yet been finalized.
OpenAI: GPT-5.6 Sol Delivers Instant and Deep Reasoning Capabilities for Plus and Pro Users
Odaily News, OpenAI announced that GPT-5.6 Sol now supports instant response and deep reasoning features for ChatGPT Plus and Pro users, aiming to provide a more accurate and focused answer experience. Additionally, OpenAI stated that free users and Go users will gain access to unlimited text chat powered by GPT-5.6 Luna starting tomorrow.
Fortune: Core Contradiction of AI Race May Shift from US-China Confrontation to Open Source vs. Closed
According to Fortune, as Chinese open-source AI models such as DeepSeek V4 Flash, GLM-5.2, and Kimi K3 continue to make breakthroughs, the core conflict of the global AI competition is shifting from "US-China confrontation" to a contest of "open source vs. closed." DeepSeek V4 Flash's performance lags behind GPT-5.6 Luna by only one intelligence index point, but the cost per task remains 60% lower even after OpenAI's 80% price cut. US export controls on China were originally intended to restrict China's AI development, but instead compelled Chinese enterprises to innovate deeply at the algorithm architecture level, accelerating the rise of the open-source model. Currently, trends in the US tech industry are shifting; former "AI Czar" David Sacks and others publicly support the open-source route, and Anthropic has also softened its stance against open source.
OpenAI: ChatGPT Global Active Users Surpass 1 Billion, Enterprise Customers Exceed 2 Million
Odaily News: OpenAI announced that as of the end of July, ChatGPT's global active users surpassed 1 billion, and the number of enterprise customers exceeded 2 million.Data shows that ChatGPT gained over 1 million registered users within just 5 days of its launch, after which its user base grew rapidly, surpassing 200 million, 500 million, and 800 million users in August 2024, August 2025, and October 2025, respectively. OpenAI had previously projected internally that its user count would exceed 1 billion by the end of last year, but growth subsequently stalled, with the addition of 100 million new users taking about 5 months.OpenAI is bolstering its service competitiveness through GPT-5.6 Sol, the agent tool ChatGPT Work, as well as the lower-priced models GPT-5.6 Terra and GPT-5.6 Luna. OpenAI is also advancing the Stargate project in the U.S. with Oracle and SoftBank, and building data centers in South Korea with Samsung and SK.
B.AI Fully Opens All GPT-5.6 Models, Supporting Both Web Chat and API
B.AI 宣布 GPT-5.6 全系模型正式登陆 Web Chat，此前，B.AI API 已率先接入 GPT-5.6 Sol、GPT-5.6 Terra、GPT-5.6 Luna 三款模型，即日起用户无需配置 API，登录 https://chat.b.ai/chat 即可直接体验包括聊天问答、内容创作、代码编写与复杂推理在内的完整能力。此次全面开放标志着新一代模型在 B.AI 生态中的全场景落地，为开发者和普通用户提供“开箱即用”的智能化服务。未来，B.AI 将持续降低前沿 AI 技术的使用门槛，助力高效创作与决策。
Related news
AI programming platform Replit announces adoption of OpenAI's low-cost model to lower the barrier to programming
: AI programming platform Replit has launched a new feature called Free Mode, powered by OpenAI's latest low-cost model GPT-5.6 Luna, aimed at reducing the cost for users to access AI programming tools and enhancing the value for paid subscribers.Replit stated that Free Mode is currently available to Core and Pro subscribers, corresponding to the $20/month and $100/month plans, respectively. This mode will serve as the default experience, allowing users to prioritize the low-cost model for chat, brainstorming, and simple programming tasks. When a task requires stronger reasoning capabilities, Replit Agent will automatically switch to a higher-performance model.Michele Catasta, Head of AI at Replit, said that the launch of Free Mode is made possible by OpenAI significantly cutting the cost of the GPT-5.6 Luna model. At the end of July, OpenAI reduced the API price of this model by approximately 80%, achieving cost reduction through improved model efficiency rather than relying on additional computing resources. (Fortune)
OpenAI: ChatGPT Free Users Can Now Use GPT-5.6 Luna Unlimitedly, Astra Delayed
Odaily News: AI company OpenAI announced that ChatGPT free users and users on the low-cost Go plan can now use the lightweight GPT-5.6 model Luna without limits, but only for text conversations. File uploads, image generation, and voice conversations will still be subject to existing usage limits.GPT-5.6 Luna is the fastest but relatively lower-performing model in the GPT-5.6 series, and it now includes a new "Think" option that allows for extended reasoning time. OpenAI has also improved GPT-5.6's top-tier model Sol for Plus and Pro users, enhancing the reliability of factual information such as numbers, dates, and sources.OpenAI has also decided to postpone the release of its next-generation model, Astra. Internal evaluations of this model have shown strong capabilities in coding and cybersecurity, potentially reaching a "dangerous" rating. Internal activities have been temporarily paused as enhanced safety standards have not yet been finalized.
OpenAI: GPT-5.6 Sol Delivers Instant and Deep Reasoning Capabilities for Plus and Pro Users
Odaily News, OpenAI announced that GPT-5.6 Sol now supports instant response and deep reasoning features for ChatGPT Plus and Pro users, aiming to provide a more accurate and focused answer experience. Additionally, OpenAI stated that free users and Go users will gain access to unlimited text chat powered by GPT-5.6 Luna starting tomorrow.
Fortune: Core Contradiction of AI Race May Shift from US-China Confrontation to Open Source vs. Closed
According to Fortune, as Chinese open-source AI models such as DeepSeek V4 Flash, GLM-5.2, and Kimi K3 continue to make breakthroughs, the core conflict of the global AI competition is shifting from "US-China confrontation" to a contest of "open source vs. closed." DeepSeek V4 Flash's performance lags behind GPT-5.6 Luna by only one intelligence index point, but the cost per task remains 60% lower even after OpenAI's 80% price cut. US export controls on China were originally intended to restrict China's AI development, but instead compelled Chinese enterprises to innovate deeply at the algorithm architecture level, accelerating the rise of the open-source model. Currently, trends in the US tech industry are shifting; former "AI Czar" David Sacks and others publicly support the open-source route, and Anthropic has also softened its stance against open source.
OpenAI: ChatGPT Global Active Users Surpass 1 Billion, Enterprise Customers Exceed 2 Million
Odaily News: OpenAI announced that as of the end of July, ChatGPT's global active users surpassed 1 billion, and the number of enterprise customers exceeded 2 million.Data shows that ChatGPT gained over 1 million registered users within just 5 days of its launch, after which its user base grew rapidly, surpassing 200 million, 500 million, and 800 million users in August 2024, August 2025, and October 2025, respectively. OpenAI had previously projected internally that its user count would exceed 1 billion by the end of last year, but growth subsequently stalled, with the addition of 100 million new users taking about 5 months.OpenAI is bolstering its service competitiveness through GPT-5.6 Sol, the agent tool ChatGPT Work, as well as the lower-priced models GPT-5.6 Terra and GPT-5.6 Luna. OpenAI is also advancing the Stargate project in the U.S. with Oracle and SoftBank, and building data centers in South Korea with Samsung and SK.
B.AI Fully Opens All GPT-5.6 Models, Supporting Both Web Chat and API
B.AI 宣布 GPT-5.6 全系模型正式登陆 Web Chat，此前，B.AI API 已率先接入 GPT-5.6 Sol、GPT-5.6 Terra、GPT-5.6 Luna 三款模型，即日起用户无需配置 API，登录 https://chat.b.ai/chat 即可直接体验包括聊天问答、内容创作、代码编写与复杂推理在内的完整能力。此次全面开放标志着新一代模型在 B.AI 生态中的全场景落地，为开发者和普通用户提供“开箱即用”的智能化服务。未来，B.AI 将持续降低前沿 AI 技术的使用门槛，助力高效创作与决策。