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OPENAI'S NEW DEVICE WILL BE HOCKEY PUCK-SIZED AND COST OVER $300

OpenAI's upcoming hardware device will be essentially a displayless smart speaker with moving parts to help give it a personality. The product is slated for release in 2027 for a cost of more than $300. OpenAI is positioning the device as an AI-first computer that can help users get things done. Its design will apparently set it apart from other current smart speakers.

TESLA, SPACEX CONFIRM ‘TERAFAB' CHIP FAB SITE — $16.8B FIRST PHASE

Tesla and SpaceX will build their Terafab megafactory in Grimes County, Texas. Terafab will combine logic, memory, packaging, and testing under one roof. The initial phase will cost roughly $16.8 billion, with the finished site spanning more than 100 million square feet. SpaceX is aiming to produce over a terawatt of compute per year at the site.

THIS AI JUST CREATED VIRUSES NOT FOUND IN NATURE

Researchers have used AI to create new kinds of viruses for the first time. They taught AI to recognize patterns of DNA structure in nature and then use that data to write recipes for entirely new viruses. The researchers followed those recipes to create DNA molecules, which they inserted into bacteria. The viruses were able to infect other bacteria, demonstrating that they were viable.

NUCLEAR STARTUP OKLO SPLITS ITS FIRST ATOMS IN TEST REACTOR

Oklo's Groves Isotope Test Reactor has sustained a chain reaction. The reactor is a demonstration version of the technology Oklo plans to use for its new medical isotope business. The company also plans to expand into recycling nuclear waste, fabricating its own fuel, and producing medical isotopes. Oklo is preparing a site near the Idaho National Laboratory for its first small modular reactor but does not yet have permission to work on the reactor itself.

INTRODUCING KITESURF: THE AGENT-FIRST BROWSER THAT RUNS IN V8 ISOLATES ON CLOUDFLARE WORKERS

Kitesurf is a new browser that runs entirely on top of Cloudflare Workers that was built specifically for agents. It is great for AI agents that need to render pages but can accept the trade-offs of not using a full-featured, pixel-perfect Chromium browser. Kitesurf scales well for bursty, AI-driven workloads. It is available for free on Browser Run while in beta.

AGENT PLUGINS

Agent Plugins is a portable package format for reusable components that extend AI agents. Its version 1.0.0 specification defines a shared format for Agent Skills and MCP servers that compatible clients can discover and load consistently. Agent Plugins defines a small interoperability floor for the parts that can be portable across clients. Shared components can use one predictable structure, while distribution, installation, permissions, user experience, and client-specific capabilities remain under each client's control.

AMD ACQUIRES AI CHIP STARTUP TAALAS TO BOOST INFERENCE PERFORMANCE BY ETCHING MODELS INTO SILICON

AMD has acquired AI chip company Taalas for an undisclosed sum. The deal is expected to close in the fourth quarter, subject to regulatory approval. Taalas bakes model weights directly into silicon to boost inference performance by an order of magnitude or more. The company's first chip, the HC1, can serve Meta's Llama3.1 8B at a blistering 16,860 tokens a second, 48x faster than Nvidia's GPUs when it was announced last February.

GITHUB ACTIONS IS HAVING ONE OF THE WORST DAYS IN ITS HISTORY

GitHub Actions went into a major outage yesterday. Webhook triggers were throttled, so pushes and pull requests quietly don't start anything at all. Runners were being handed jobs that no longer existed. Both hosted and self-hosted were affected. GitHub's record outages show that the platform is growing faster than it can handle.

Nuxt, Homebrew, and ecosyste.ms. Help fund the research

REVERSE JEVONS PARADOX

If the cost of a resource increases, the total spend on that resource can decrease.

IF YOU'RE NOT PAYING FOR THE TOKENS...

Meta is using a new pay structure that provides insanely cheap tokens in exchange for users giving their inputs to help train its models.

BUILDING AN OPEN AGENTIC INTERNET: READABLE, DISCOVERABLE, CALLABLE, AND PAYABLE

The Agent Internet will need its own tools and protocols.

WHY OPEN-SOURCE MODELS HAVEN'T KILLED THE BIG DOGS

Once the model quality is close enough, the inference stack has been handled, and the price is substantially lower, the closed labs will be competing against a complete product rather than a research project.

CHATGPT BRINGS UNLIMITED TEXT CHATS TO FREE USERS

There will still be separate limits for files, images, voice, and image generation.

CHANNELS SDK

Channels connects an AG-UI-compatible agent to the communication platforms teams already use.

Build with built-in security → [7]

GPT-5.6 LUNA BECAME CHATGPT'S DEFAULT FREE MODEL

OpenAI removed limits on text-based chats and made GPT-5.6 Luna the default model for Free and Go users. Separate limits remain for files, images, voice, and image generation. A new Think button adds optional higher reasoning.

AMD TO ACQUIRE AI CHIP STARTUP TAALAS

AMD agreed to acquire Toronto-based Taalas, whose custom silicon hardwires AI models to reduce inference compute and memory bottlenecks. Financial terms were undisclosed, and the deal remains subject to regulatory approval.

TRADEOFFS IN OPEN-WEIGHTS MODELS

The report examines how open-weight models could expand user control and defensive capabilities while also increasing risks from hacking, biological misuse, and loss of centralized safeguards.

DEEPSEEK'S PRICE HIKE IS ABOUT MORE THAN GPU COSTS

The era of buying growth with low prices is slowly ending. Compute costs, commercialization pressure, product upgrades, and other factors make price hikes the natural choice. DeepSeek announcing a price increase before a funding round will improve the company's revenue and margin story, which will help in valuation talks.

KNOWING WHEN TO STOP: THE ART OF MAKING A LOOP CONVERGE

AI models need precise loop engineering to determine when tasks are complete, with strong verifiers at each step. Effective loops require a clear target state, an observable current state, and precise, local change methods. The challenge lies in creating loops that converge successfully while managing the cost and ensuring an external stop condition.

more. Explore the Corgi Funds thematic lineup

WEATHERNEXT: AI MODEL ACHIEVES BREAKTHROUGH IN FORECASTING CYCLONES

WeatherNext is an AI model that achieves state-of-the-art accuracy in predicting a cyclone's track, intensity, and wind structure. The model gives forecasters, on average, an extra day's worth of predictive accuracy compared to current methods. Google has open-sourced its WeatherNext 2 and WeatherNext Cyclones models to empower the research community and amplify AI's impact on building more resilient communities. The research has already had real-world impact - it predicted Hurricane Melissa's rapid intensification and landfall in Jamaica during the 2025 hurricane season, enabling advanced warnings to be issued and giving teams on the ground critical time to prepare.

HOW MODALITIES LEARN TOGETHER

Meta researchers explored how modalities learn together during pretraining. They also identified architectures that promote cross-modal synergy and recipes that achieved strong generation performance with 5% of the compute budget.

LOOPX

Keeps long-running AI agent teams aligned with goals, to-dos, logs, and handoffs.

AN AGENTIC IDE THAT BUILDS ITSELF

bb is an agent IDE that builds itself. It is a full agent orchestrator with solid fundamentals. It can be extended any way users see fit. Users just have to ask bb to build the feature for them.

THE NEXT CHAPTER OF OUR AI MOMENTUM

Google advances AI capabilities with new features across products like Gmail and Maps. These updates include improved personalization and contextual understanding. This push aims to enhance user experience and maintain a competitive edge in the tech industry.

with ROI backed by real workflow data. Take the tour

BYTEDANCE TRAINS A 10-TRILLION-PARAMETER AI MODEL, AIMING FOR GLOBAL LEADERSHIP

The model is currently undergoing pre-training, a phase that typically takes three to six months.

KITESURF: THE AGENT-FIRST BROWSER THAT RUNS IN V8 ISOLATES ON CLOUDFLARE WORKERS

Kitesurf is a lightweight browser designed for AI agents, running on Cloudflare Workers.

AGENT PLUGINS

Agent Plugins 1.0.0 is an open standard that simplifies packaging reusable AI Agent Skills and MCP servers into plugins.

CIRCLE'S Q2 COUNTERS BEARISH CONCERNS OVER COMPETITION, RESERVE INCOME

Bernstein reiterated its Outperform rating and $140 price target on Circle after Q2 revenue hit $701 million, up 7% year over year but roughly 2% below consensus. Adjusted EBITDA of $143 million and EPS of $0.19 beat expectations, with reserve income making up 95% of revenue. Analysts cited Circle's OCC trust bank approval, growing Circle Payments Network, and the September 16 Arc mainnet launch as revenue streams not yet reflected in estimates. USDC circulation stood at $73.3 billion, down 5% quarter over quarter but up 19% year over year.

EU WATCHDOGS WARN SCAMMERS ARE POSING AS CRYPTO FIRMS AND REGULATORS

French regulator AMF, Dutch watchdog AFM, and ESMA warned of rising scams exploiting the July 1 MiCA compliance deadline, with fraudsters impersonating AMF staff and misusing ESMA's logo to direct victims to fake sites. ~320 entities have secured MiCA licenses as of August 5, while VASPnet estimates over 1,700 firms, including Binance, must wind down or restrict EU services for missing the deadline. AMF has avoided setting an aggressive shutdown timeline for unlicensed exchanges to limit scam exposure.

COINBASE LAUNCHES 24/5 US STOCK TRADING FOR UK USERS

Coinbase began rolling out 24/5 trading on nearly 4,000 US stocks to eligible UK users on August 6, with zero-commission trades, fractional shares from £1, and funding via GBP or USDC. Shares are custodied by Apex Clearing, with orders routed through Coinbase Capital Markets Corporation. UK CEO Keith Grose said the launch builds on Coinbase's recent UK MiFID license and prior savings and crypto-backed lending products. Plans for tokenized equities are pending regulatory development.

LITHIC AND LIGHTSPARK PARTNER TO POWER GLOBAL CARD PROGRAM

Lithic will process Lightspark's Visa card program, issued by Lead Bank and settling in USDC. Lightspark holds account balances natively in stablecoins and converts to local currency at point of spend, using Lithic's Authorization Intelligence for unified card authorization, device authentication, and fraud decisioning. CEO David Marcus said the partnership matches Lightspark's need for speed across its stablecoin-based settlement infrastructure.

HYPERLIQUID Q2: RWA PERPS SCALE TO $213B

HYPE hit an ATH of $76.90 in Q2, up 79% while BTC fell 14%, a second consecutive quarter of decoupling from majors. RWA perpetuals on HIP-3 grew from 1.8% to 32.2% of matched volume across three quarters, reaching $213B in Q2, with a private rocket company priced onchain on a Saturday while the NYSE was closed and a Chinese chipmaker trading above its Shanghai listing. Protocol revenue closed Q2 at $169M with $141M returned via buybacks, cumulative revenue crossed $1B, and three HYPE ETFs began trading after four asset managers filed in Q1. Concentration risk remains: $5.6B in stablecoin float relies on a single issuer and exchange volume runs through one deployer.

EIP-8363 TAPERED ISSUANCE BURN FOR HEGOTÁ

EIP-8363 (Tapered Issuance Burn) proposes burning a fraction of consensus-layer validator rewards each epoch so that net staking yield reaches zero once 50% of ETH supply (~60.25M ETH) is staked, submitted two days before the August 6 ACDC call reviewing Hegotá hard fork candidates. With the staking ratio already above 1/3 as of April 2026 and ~1.75M ETH entering per month, projections place total staked ETH above 55% of supply by January 2028, well before roadmap milestones that would redefine the validator role. TIB leaves execution-layer income (MEV and priority fees) untouched, so as consensus rewards compress, MEV becomes a growing share of total income, a variance that large custodians and ETF issuers absorb through scale while solo stakers and independent operators exit first, deteriorating the Nakamoto coefficient. ETH staking yield serves as the base rate for lending markets, leveraged staking loops, LST collateral, and fixed-income protocols, so critics argue TIB makes yields unpredictable and uneconomical across the onchain economy before the validator role has been redesigned to justify the cut.

NEOBANKS CHASING CRYPTO-NATIVE USERS

Neobanks like Dakota, Rain, Stablecoin, MoonPay, and Blend are building near-identical stablecoin-powered products for the same small crypto-native audience instead of everyday consumers and businesses. Most people don't care whether a payment settles via ACH, Fedwire, SWIFT, or stablecoins. They care about speed, cost, and reliability. The bigger opportunity is using stablecoin infrastructure to serve the much larger legacy-banking market instead.

AI16Z TOKEN DEAD, FOUNDATION WINDS DOWN

Shaw, creator of the Eliza agent framework and ai16z, announced the foundation is winding down after a Burwick class action settlement consumed all remaining treasury funds and his personal savings, which he described as a forced outcome since the project could not afford to litigate. Shaw told token holders the position is "completely ngmi," with no buybacks, no foundation supply, and no further support forthcoming. Shaw said he never sold his ai16z tokens and drew only an engineer-level salary throughout the project's run, but the settlement cost ended the foundation regardless. Eliza OS development continues on Shaw's personal savings as an independent effort, and he committed to never attaching a token to the Eliza brand again, a notable exit for what was one of Solana's highest-profile AI agent tokens during the 2024-2025 cycle.

FOUR NEW CRYPTO CARDS: XPLACE, JUPITER, KOLO, AVALANCHE

Onboarding was near-seamless for XPlace, Jupiter, and Avalanche cards.

SOLANA VALIDATOR Q2: 0.035% SKIP RATE

Coinbase's bare metal validators hit a 0.035% skip rate in Q2, with clients split across Harmonic (76%), Jito (19%), JitoBAM (5%), and Firedancer held in reserve.

AI MEETS FORMAL VERIFICATION FOR SMART CONTRACTS

AI and formal verification are converging to eliminate entire classes of smart contract bugs.

CASHCAT LISTED ON ROBINHOOD

CASHCAT, the leading memecoin on Robinhood Chain, has been listed and is now tradable in the app and on Robinhood Legend.

LINKEDIN'S NEW ANTI-SLOP BUTTON IS COMING TO EVERY PLATFORM

LinkedIn has introduced a button letting users flag posts as "AI slop," aiming to help the platform refine detection models and improve feeds. The move follows a July study finding two-thirds of AI-flagged long-form posts across major platforms originated on LinkedIn, reflecting a wider industry struggle with automated content. Similar tools have emerged elsewhere, including Pinterest's AI content settings, TikTok's AI-content slider, and Substack's integration with detection service Pangram.