Nvidia Pitches Vera CPU to China Clients
Nvidia has told Chinese customers its new Vera CPU for AI data centers could ship as early as August, with orders now open.
The Arm-based chip, designed for agentic AI, is up to 1.8x faster than rival x86 processors and priced north of
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- US-Iran Deal Imminent Ahead of G7 Negotiators are racing toward a Memorandum of Understanding next week in France. The framework extends the ceasefire ~60 days, reopens the Strait of Hormuz, phases out key oil sanctions, and ends the naval blockade. Trump calls it a “great
- US MOU Includes Lifting Sanctions, Withdrawing Forces, Ending Naval Blockade Iranian state-linked Mehr News reports the US-Iran Memorandum of Understanding commits the US to lifting sanctions on Iran, withdrawing forces from around Iran, and ending the naval blockade. This
- Crypto Banter repostedHenrik Zeberg predicts a Bitcoin crash that almost nobody is prepared for. "The final leg down could take us to $10,000 or $20,000 Bitcoin?" "No. $3,000 to $4,000."
00:00 - Chinese Investors Rush to Hong Kong Accounts Amid Crackdown Mainland Chinese savers are flocking to Hong Kong to open new brokerage and bank accounts as Beijing tightens controls on "illegal" cross-border investments. Three major online brokers (Futu, Tiger, Longbridge) are
- $33M Bet Triggers $4.6B Surge in $20B Korean Chip Stock Hanmi Semiconductor, a South Korean semiconductor equipment maker with a ~$20 billion market cap, announced it will invest 50 billion won (~$33 million) in SpaceX shares. The stock jumped ~23% on the news. The company
- SpaceX Shadow Trading Hints at $2.4 TRILLION Valuation Shadow markets are pricing SpaceX shares well above the official $135 IPO price set for Nasdaq’s debut. Pre-IPO derivatives in Singapore and other venues point to a valuation north of $2.4 trillion, over 35% higher than the
- CME Group to Expand 24/7 Trading for WTI Crude Oil and Gold CME Group announced plans to offer 24/7 trading for new, smaller-sized contracts in WTI Crude Oil and Gold, pending regulatory approval. Key details: - New 10-barrel WTI Crude Oil futures launching August 30 with 24/7
- Trump Says Iran’s Supreme Leader Has Approved US-Iran Deal President Trump announced that Iran’s Supreme Leader has approved a deal with the US, with a signing expected “coming soon.” Key points from Trump: - US naval blockade to be lifted once signed - Memorandum of
- Coinbase Launches Coinbase for Agents for AI-Powered Trading Coinbase has rolled out "Coinbase for Agents," a new platform letting AI assistants connect to user accounts. AI agents can now autonomously trade cryptocurrencies, manage portfolios, access data, and execute
- Trump Cancels Planned Iran Strikes President Trump announced he's called off U.S. strikes and bombings on Iran scheduled for this evening, citing high-level talks and terms agreed in principle. The naval blockade remains in place until a full deal is signed. This follows fresh
- OpenAI just announced it's buying Ona, a startup that builds secure cloud spaces where AI can run tasks reliably, even for hours or days, and even when your device is off. The team will join OpenAI's Codex group, which already helps millions code with AI. Today's AI is great at
- Bloomberg reports that traders on crypto platforms Hyperliquid and Binance are pricing perpetual futures tied to SpaceX at around $165 per share. This implies a fully diluted valuation of roughly $2.2 trillion, well above the official IPO fixed price of $135 per share, $1.77
























