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News
Algorand's x402 payments surge 30x to 40,600 daily settlements
39+ min ago (296+ words) A developer challenge offering $100K and 500K ALGO has turned Algorand into a surprisingly busy settlement layer for AI-driven micropayments Five days. That’s all it took for daily x402 settlements on Algorand to leap from 1,300 to 40,600, a roughly 30x increase driven by a developer…...
CoreWeave secures multi-year SSD supply deal with Solidigm to fuel AI cloud expansion
41+ min ago (206+ words) The AI infrastructure giant locks in priority access to ultra-high-capacity solid-state drives as demand for GPU cloud services accelerates CoreWeave signed a multi-year agreement with Solidigm, the Intel-spun-off flash storage maker, guaranteeing priority access to solid-state drives as CoreWeave races…...
Google reportedly in talks for $2B deal with AI coding startup Mechanize
24+ min ago (436+ words) The search giant is negotiating a talent acquisition and technology licensing deal with the reinforcement learning startup valued north of $1.5 billion. Google is reportedly negotiating a deal to acquire talent and license technology from Mechanize, an AI coding startup, in…...
Europe's IPO backlog nearly halves as AI potential looms
29+ min ago (370+ words) The continent's pipeline of public offerings has shrunk dramatically while US markets ride an AI-fueled wave, and the ripple effects are already hitting crypto. Europe’s pipeline of companies waiting to go public has dropped from 373 at the start of 2025 to…...
Arista Networks reports first $3B quarter as AI infrastructure demand accelerates
27+ min ago (264+ words) The networking giant's 37.7% revenue surge signals just how much capital is flooding into the physical backbone powering AI and cloud computing. Arista Networks just crossed a threshold that tells you everything about where the real money in AI is going....
Hayes links GPU debt issues to Bitcoin surge to $1M
36+ min ago (405+ words) The BitMEX co-founder argues a massive mismatch in AI hardware financing could trigger a crisis that dwarfs 2008, flooding markets with liquidity that sends Bitcoin into seven figures. Arthur Hayes has a theory, and it’s the kind that makes you either…...
Pentagon pulls 25 years of weapons testing data from public access to block AI-powered espionage
28+ min ago (331+ words) The Defense Department says unclassified reports can become classified-grade intelligence when an adversary runs them through AI. The Pentagon quietly removed decades of weapons testing publications from its public website on July 30, 2026. The rationale: unclassified data, when fed into modern…...
Nasdaq 100 gains $3.5T in market cap in four days as AI stocks surge
48+ min ago (358+ words) A historic four-day rally driven by tech earnings and semiconductor strength marks the sharpest advance since April 2025 The Nasdaq 100 just had one of its best weeks in over a year. Technology stocks powered a $3.5 trillion gain in the index’s total…...
KraneShares' KSTR becomes the only US-listed ETF with direct CXMT ownership
18+ min ago (308+ words) The ETF's QFII quota gives American investors a rare direct line into China's hottest semiconductor IPO, bypassing the usual workarounds. If you wanted exposure to China’s most hyped semiconductor company from a US brokerage account, your options were, until now,…...
Europe's established tech firms emerge as unexpected AI winners
22+ min ago (383+ words) SAP, Capgemini, and OVHcloud are proving that the real money in AI isn't in building models, it's in making them actually work SAP, Capgemini, Sopra Steria, and OVHcloud are all posting accelerating growth numbers tied directly to AI adoption inside…...