The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them — - The U.S. Securities and Exchange Commission said “covered” U.S. dollar stablecoins — basically USDT and USDC …
Source: OpenAI's $40B round announced in March is reopening on July 28; SoftBank's commitment could be cut to $10B if OpenAI does not restructure by end of 2025 (Lauren Goode/Wired)
Lauren Goode / Wired:
Source: OpenAI's $40B round announced in March is reopening on JuThe Johns Hopkins University Press will license its authors' books to train AI models, citing concerns that "the window may be closing" for making AI deals (Ellie Wolfe/The Baltimore Banner)
Ellie Wolfe / The Baltimore Banner:
The Johns Hopkins University Press will license itsSamsung announces a $16.5B deal to produce chips that runs through the end of 2033 and boosts its underperforming foundry unit; source: Tesla is the customer (Bloomberg)
Bloomberg:
Samsung announces a $16.5B deal to produce chips that runs through the end oSources: Apple loses a fourth AI researcher in a month to Meta's superintelligence team; the AFM team is in flux and Apple has marginally increased their pay (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Sources: Apple loses a fourth AI researcher in a month to MetaHadrian, which is building largely automated factories to produce space and defense parts, raised a $260M Series C, bringing its total funding to ~$500M (Aria Alamalhodaei/TechCrunch)
Aria Alamalhodaei / TechCrunch:
Hadrian, which is building largely automated factories Goldman Sachs and BNY partner to let institutional investors purchase tokenized money market funds, with ownership recorded on Goldman's blockchain platform (Hugh Son/CNBC)
Hugh Son / CNBC:
Goldman Sachs and BNY partner to let institutional investors purchase
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