#will

Nvidia CEO Jensen Huang announced that the company will now release new AI chip versions annually. This shift in strategy follows reports that the next-generation Blackwell chips have been delayed until late 2024 due to design shortcomings.

Sony Block Solutions Labs, a collaborative venture between Sony Group and Startale, announced the launch of a new public L2 blockchain named Soneium, built on Optimism's OP Stack. This blockchain will be a part of the Superchain ecosystem. The testnet is set to be released in the upcoming days, with Sota Watanabe leading the project.

The decentralized exchange dYdX is set to roll out a major upgrade to its platform in the fall of 2024, which will introduce several new and unique features. One significant change will allow users to list any token issued on the dYdX Chain without requiring approval from the development team.

Tether, the issuer behind the USDT stablecoin, is planning to double its headcount over the next year to better meet regulatory demands. This expansion will bring the company’s workforce to around 200 employees. The financial department, responsible for managing the company’s $118 billion in reserves, will also see the bolstering.

Fred Ehrsam, a co-founder of the cryptocurrency exchange Coinbase, teamed up with Quintin Frerichs to establish a new company called Nudge. This venture is set to develop an ultrasonic headset aimed at enhancing people’s daily lives. It will enable users to boost focus or go to sleep with just the press of a button.

As part of the partnership, LayerZero will serve as the default interoperability solution for projects within the Animoca Brands portfolio. Furthermore, Animoca will recommend LayerZero to its 540 investment portfolio companies.

The developers behind Procreate, an iPad application designed for digital graphics, have declared their opposition to generative artificial intelligence. They have made it clear that this technology will never be integrated into their platform, citing ideological differences. However, they acknowledge the positive aspects of machine learning.

In an interview with DLNews, Arthur Hayes, co-founder of BitMEX, stated that both Trump and Harris' administrations will continue to print money. Hayes believes this will drive cryptocurrency prices up, although the journey might be volatile.

In August 2024, the University of Wyoming will launch the UW Bitcoin Research Institute (BRI), headed by associate professor and Bitcoin advocate, Bradley Rettler.

On July 25, OpenAI announced the development of a new prototype called SearchGPT. This tool will enable users to obtain quick and precise answers from relevant online sources.

Grayscale launched the Ethereum Mini Trust, offering an introductory zero-fee period (0% commission) for the first 6 months or up to $2 billion. Subsequently, the commission will be 0.15%, the lowest in the market, excluding initial discounts.