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OpenAI has appointed its second Chief Revenue Officer in less than a year, with Dali Rajic succeeding Dennis Dreiser. This move shows that the company is working to strengthen sales growth in preparation for a Wall Street listing.OpenAI President Greg Brockman stated that the revenue run rate in July increased by over 20% month-over-month, and the enterprise customer business grew by 32%.

Leaker blogger leo claims that Google will launch Gemini 3.7 Flash as early as today. The API price may drop to $0.75 per million tokens for input and $3.75 for output. Currently, the standard prices for Gemini 3.6 Flash are $1.50 and $7.50, respectively. If the new prices are accurate, it would mean a direct cut in half.Gemini 3.7 Flash did not come out of nowhere. Google's official Python GenAI SDK had previously included gemini-3.7-flash, but then renamed the related PR to "internal" and closed it. The community has long speculated that the new model is nearing release.Even more concerning is Gemini 3.5 Pro. SemiAnalysis reported last week that Google has internally canceled this flagship model, with the team shifting focus to the larger-scale Gemini 4. leo also stated that he heard the same news.

On August 12, institutional digital asset lending technology provider Digital Prime Technologies announced a strategic investment from global institutional digital asset prime broker LTP. LTP will become its chief strategic partner in the Asia-Pacific region, helping the Tokenet platform expand institutional participation in the Asia-Pacific market.Tokenet is Digital Prime Technologies' institutional-grade digital asset and tokenized asset lending platform. Following this investment, LTP will work alongside previously joined EquiLend, Galaxy Digital, and Marex to promote the global institutional infrastructure development of Tokenet. LTP stated that it will leverage its network of institutional clients, prime brokerage capabilities, and financing expertise to accelerate the adoption of Tokenet among financial institutions in the Asia-Pacific region.

Global venture capital firm Accel announced that it has raised a new fund of $3.5 billion for early-stage investments worldwide. A total of four funds were raised, including a global expansion fund of $1.35 billion for larger early rounds and follow-on investments; the U.S. fund and the European and Israeli funds are each $800 million, while the Indian fund is $550 million.Accel partner Harry Nelis stated that companies are raising funds more quickly in their early stages than ever before, which presents opportunities for investors, although the scale of risk still exists. Accel has invested in AI companies such as Anthropic, Cursor, and Perplexity.

The Gate Research Institute recently reported on "The TradFi Battle of Cryptocurrency Exchanges: Gate CFD's Path to Cross-Asset Breakthrough," indicating that since 2026, cryptocurrency trading platforms represented by Gate have been accelerating their breakthrough of digital asset boundaries, with CFD business becoming the primary trading entry point connecting stablecoin funds and global traditional assets. As user demand for trading and hedging in gold, foreign exchange, stocks, indices, and commodities grows, industry competition has shifted from merely competing on leverage and trading varieties to a comprehensive contest of asset coverage, liquidity, execution quality, risk management, and capital efficiency.In this round of TradFi expansion, Gate is forming a clear first-mover advantage. According to publicly available data, Gate accounts for approximately 39.4% of the trading volume among the five platforms that have disclosed TradFi transaction amounts, completing its transition from catching up to leading in just two months, becoming the largest top-tier platform. More notably, Gate's layout is no longer limited to increasing CFD categories but is based on USDT and a unified account entry, connecting CFDs, perpetual contracts, stocks, ETFs, IPO Access, and wealth management, while further accommodating professional and institutional funds through tools such as API, copy trading, OES, and CrossEx. Whether Gate can convert its temporary transaction advantage into long-term liquidity, capital retention, and professional service capabilities in the next phase will be key to whether its TradFi strategy can form a sustainable barrier.

Trader Ansem (@blknoiz06) posted on the X platform stating that currently, there are tens of billions of dollars in stablecoin funds on-chain waiting to re-enter the risk asset market. Ansem believes that in the coming weeks, market participants will gradually realize that mainstream crypto assets (Majors) do not need to reach new historical highs, and capital rotation may occur earlier.He stated that as stablecoin funds flow back into the risk asset market, the market may welcome a stronger upward trend.

The Token expenditure price index has fallen to 1.1635, continuing to decline since peaking at the end of May (the high of 2.0651 on May 28), with a cumulative drop of 43.7% over two months. This price has fallen below 1.2446 at the end of 2025, officially setting a new low for the year, marking the return of AI computing power pricing to the starting point of this expansion cycle.Note: The sale of Tokens is currently an important source of monetization for the AI industry, and its price is one of the signals measuring the current supply and demand situation for computing power. If the Token price remains high, cloud service providers will be motivated to purchase more GPUs, DRAM memory, and expand data centers; conversely, they need to be cautious of AI companies "downgrading consumption," which could become a leading indicator of the end of this hardware frenzy cycle. Token price data is sourced from top global AI models such as OpenAI, Anthropic, and DeepSeek.

According to a report by CNBC, the latest research published in the academic journal "Review of Accounting Studies" shows that among U.S. taxpayers holding virtual currencies, the actual proportion of those reporting transactions to the federal government is only 32% to 56%.As the IRS will require intermediaries to submit virtual currency tax forms "Form 1099-DA" starting in 2025, discrepancies between reports from businesses and taxpayer filings will be more easily identified by authorities. In the first year, the form only needs to report total earnings, while the obligation to report cost basis will officially be included starting in 2026.

According to a16z crypto, the monthly spending on crypto payment cards has grown from a niche scale to $759 million. These cards allow users to pay with cryptocurrency in all scenarios that support traditional card organizations, with stablecoins converted to local currency at the point of sale, making it no different for merchants than regular card transactions.As of July 31, looking at the spending composition from various card programs, RedotPay has long held the majority share, while EtherFi, KAST, Karta, and others have gradually increased their share since the end of 2025. a16z crypto states that crypto cardholders do not need traditional bank accounts and can deposit stablecoins with the issuer or hold them directly through self-custody. These cards have expanded global users' access to dollar accounts and provided a convenient spending method for stablecoin holders.

According to CoinDesk, Trump Media (DJT) is gradually withdrawing from certain areas of cryptocurrency, including canceling plans to establish a publicly listed CRO token accumulation company. This plan was proposed during the peak of the digital asset reserve boom last year.Trump Media, Crypto.com, and special purpose acquisition company Yorkville Acquisition announced that the three parties have jointly terminated the Trump Media Group CRO strategic plan, citing "current market conditions and a shift in business and stakeholder priorities." The plan was originally intended to establish a publicly listed company focused on accumulating Cronos native tokens and generating additional income by staking these tokens. Trump Media spent $105 million on CRO tokens in September 2025, as part of its broader collaboration with Crypto.com, which aimed to integrate token rewards into its products. Following the announcement, the price of CRO fell by 5%. Additionally, the two companies also terminated another collaboration, under which Crypto.com was originally set to provide services for certain planned exchange-traded funds (ETFs) under Yorkville America.

A spokesperson for Nvidia (NVDA.O) responded to market rumors about its accelerated entry into the telecommunications operator market and its search for base station manufacturer partnerships in China, stating that the report is unfounded and the description is inaccurate.Previously, there were reports that Shenzhen Jiaxian Communication Co., Ltd. was involved in the collaborative development of Nvidia's 6GAI-RAN base stations.

The research organization SemiAnalysis released an analysis indicating that Google DeepMind is no longer among the leading AI laboratories. A week prior, DeepMind co-founder Demis Hassabis stepped back from daily operations, and key members such as Google Chief Scientist Jeff Dean and Gemini co-lead Oriol Vinyals left to establish a new lab called Discovery Loop. The analysis suggests that the long-term struggle within Google over computing power allocation between Gemini and GCP has concluded with GCP emerging victorious.SemiAnalysis stated that Gemini 3.5 Pro has been canceled, and Gemini 3.6 Flash's performance is inferior to that of leading Chinese open-source models and Grok 4.5. Currently, Gemini has fallen to the 8th or 9th position in the large model rankings. Meanwhile, GCP is selling a large number of TPUs to competitors like Anthropic, having secured long-term leasing and sales contracts for hundreds of thousands of TPUs over the past nine months. The Tokenomics model estimates that Gemini's own ARR is about $12 billion, while GCP's third-party AI cloud service revenue is expected to exceed $73 billion by the end of 2027, with TPU system sales contributing an additional over $120 billion. GCP's latest quarterly growth rate is 82%, and it is expected to accelerate to over 100% by 2027 due to TPU system sales, contributing approximately $3 to Google's earnings per share.

According to the Iranian Fars News Agency, informed sources revealed that the northern and southern channels of the Strait of Hormuz will be canceled, and all traffic will subsequently be transferred to the Central Corridor, managed by Iran at the entrance and jointly managed by Iran and Oman at the exit.

Japanese NAND manufacturer Kioxia is accelerating its layout in the AI NAND market. This year, it has launched mass production of the 10th generation (BiCS 10) 332-layer 3D NAND and based on this, introduced the PCIe 6.0 supported data center eSSD "CM10," which has improved sequential read performance by up to 92% compared to the previous generation. In addition, Kioxia plans to start mass production of UFS 5.0 embedded storage by the end of this year, with data transfer speeds approximately doubling compared to UFS 4.1, primarily targeting the AI mobile device market. According to TrendForce data, Kioxia's global NAND market share in the first quarter of this year was 13.9%, ranking third, following Samsung Electronics (31.6%) and SK Hynix (17.6%).Korean manufacturers are also quickening their pace. Samsung has begun mass production of the PCIe 6.0 eSSD "PM1763" last month, equipped with the 9th generation V-NAND and a 4nm controller, with plans to mass produce UFS 5.0 in the fourth quarter. Samsung also announced that it will start mass production of the 10th generation V-NAND (approximately 430 layers) this month, applying hybrid bonding and triple stacking technology for the first time. Industry analysts believe that Kioxia is quite competitive in terms of the speed of technological iteration, but its production capacity still lags behind Korean manufacturers, and competition in the AI storage market will become even more intense in the future.

Jensen Huang announced on the X platform the launch of Alpamayo 2 Super, a cutting-edge open-source inference model developed by NVIDIA for the autonomous driving field. Jensen Huang stated that Alpamayo 2 Super can not only "see" the environment but also understand and reason about the complex world, thinking before acting, and can serve as the core model for robot taxis, autonomous trucks, shuttles, delivery vehicles, agricultural machinery, and future large-scale mobile robot systems.The model will be based on OpenMDW-1.1 and made available for commercial use, allowing developers and enterprises to inspect, fine-tune, and deploy the model. Jensen Huang mentioned that open models help promote the safety and reliability of autonomous driving systems. He stated that the next wave of artificial intelligence will belong to robotics, and autonomous vehicles will be an important starting point for this trend.

According to Jinshi reports, OpenAI has partnered with private equity firm Clearlake Capital to accelerate the adoption of artificial intelligence in the Clearlake portfolio.

According to Jinshi reports, Iran's Supreme Leader military advisor Mohsen Rezaei stated that Iran was originally prepared to launch attacks on three targets in Ukraine, but canceled the attacks after Ukraine apologized.