AI Chips Surge with MatX’s $500M Funding
@MatX has raised $500M in Series B funding to develop AI chips for LLMs, aiming to compete with Nvidia. The MatX One processor is expected by 2027. #Update #Crypto
@MatX has raised $500M in Series B funding to develop AI chips for LLMs, aiming to compete with Nvidia. The MatX One processor is expected by 2027. #Update #Crypto
Crypto wallets for AI agents are emerging, allowing software to hold assets and make transactions autonomously, raising legal questions about liability and enforcement. #Update #Crypto $BTC $ETH
@Bitwise CEO Hunter Horsley claims AI is an “unstoppable freight train” for crypto, predicting public blockchains will benefit significantly from its rise, while @HaunVentures’ Diogo Monica urges caution on assumptions. #Update #Crypto
Palantir’s AI system helped UK police arrest a gang behind 3,000 ATM hacks, stealing over $1M. Six members were sentenced after analyzing 1.4TB of data. #Update #Crypto $BTC
@MoonPay has launched MoonPay Agents, a non-custodial financial layer allowing AI agents to autonomously access wallets and transact after user verification. #Update #Crypto $BTC $ETH
Companies are retrofitting Boeing aircraft engines into gas turbines to meet rising energy demands for AI data centers, with FTAI Aviation planning to launch modified models by 2026. #Update #Energy $BTC
@Kraken co-CEO Arjun Sethi trusts AI to manage 100% of his crypto, while @Dragonfly’s Haseeb Qureshi remains skeptical, suggesting current technology is unproven for significant capital management. #Update #Crypto
OpenAI plans to invest $600 billion in AI computing by 2030 and targets a $1 trillion IPO valuation, with Nvidia and SoftBank contributing significantly. Rising costs challenge margins. #Update #Crypto $OP
A specialized AI security agent identified vulnerabilities in 92% of exploited DeFi smart contracts, flagging $96.8M in exploit value, amid rising AI-driven crypto crime concerns. #Update #Crypto
OpenAI has launched EVMbench, a platform for evaluating AI agents’ vulnerability detection in Ethereum smart contracts, with Claude Opus 4.6 earning $37,824 for the highest detection reward. #Update #Crypto $ETH
Major tech firms are investing $700B in AI infrastructure, likened to oil; new financial instruments like GPU-backed securities may emerge, facing challenges from rapid obsolescence and regional data center disparities. #Update #Crypto $BTC
Arthur Hayes warns of potential credit stress as Bitcoin diverges from Nasdaq 100, suggesting liquidity issues could arise. He anticipates Fed intervention boosting $BTC. #Update #Crypto $BTC
Hedge fund veteran Dan Ives claims “armageddon” fears in software stocks are overblown, presenting a golden buying opportunity for AI beneficiaries like Salesforce and ServiceNow amid accelerating tech spending. #Update #Crypto $MATIC (+5) ↗
@deBridge has launched the Model Context Protocol (MCP), enabling AI agents to perform non-custodial swaps and cross-chain transfers between EVM networks and Solana, enhancing execution reliability. #Update #Crypto