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Visa launched a stablecoin platform that sent Circle shares tumbling six percent

Visa launched the Visa Stablecoin Platform on Thursday, a new infrastructure product that lets banks and payment processors issue, manage, and settle stablecoin transactions through Visa’s network. [...]

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venturebeat
China’s Moonshot AI releases Kimi K3, the largest open-source model ever, rivaling top U.S. systems

Moonshot AI, the Beijing-based artificial intelligence startup backed by Alibaba, on Thursday released Kimi K3 — a 2.8-trillion-parameter model that the company says is now the largest open-source A [...]

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thenextweb
Oracle is one notch above junk after S&P downgrade as AI data-centre spending burns through cash

S&P downgraded Oracle to BBB- on July 9, placing the company one notch above junk status, as a $250 billion data-centre expansion plan burns through cash faster than revenue can replace it. Oracle [...]

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thenextweb
Google’s next Gemini Pro is months behind schedule as coding capabilities fall short of internal goals

Google is months behind schedule on delivering the next version of its flagship AI model, Gemini Pro, because the technology has fallen short of internal goals in coding, Bloomberg reported on Thursda [...]

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thenextweb
GameStop’s Ryan Cohen calls physical game sales ‘totally irrelevant’ and pivots every question back to eBay

GameStop CEO Ryan Cohen dismissed the decline of physical video game sales as “totally, totally irrelevant” to the company’s business in an interview on Bloomberg TV on Thursday. Cohen was respo [...]

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thenextweb
1Password lets Claude log you into websites without ever seeing your passwords

1Password has launched a browser integration that lets Anthropic’s Claude use stored credentials to complete tasks on the web without the passwords ever reaching the AI model, according to a blog po [...]

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thenextweb
Volkswagen enters the robotaxi race with a shared shuttle service in Hamburg

Volkswagen’s autonomous mobility subsidiary Moia has begun offering rides in self-driving ID Buzz vans to preregistered residents in Hamburg, marking the first time a major European automaker has la [...]

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thenextweb
The driver who crashed a Tesla into a Texas home at 70 mph had pressed the accelerator to 100 percent, NTSB finds

The driver of a Tesla that crashed into a Texas home and killed a 76-year-old woman had manually overrode Full Self-Driving by pressing the accelerator pedal to 100 percent, the National Transportatio [...]

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thenextweb
Roblox launches Build, a mobile tab that turns text prompts into playable games

Roblox announced Build on Wednesday, a new creation tab inside the Roblox mobile app that lets anyone turn a text prompt into a basic playable game without touching Roblox Studio or writing a line of [...]

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