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Crypto

Institutional indicators turn negative, bitcoin correction risk grows

Bitcoin is weakening as spot and futures demand slows and exchange-traded fund outflows increase, according to a report citing CryptoQuant analyst Darkfost. Spot demand fell to minus 145,000 BTC, while futures demand stayed positive but slowed. The Coinbase Premium Index turned negative, suggesting weaker institutional appetite. CoinGlass data showed net ETF outflows of $308 million, the largest single-day outflow in two months.

AI & Enterprise

Skild AI surpasses $100 million ARR 10 months after deploying robot foundation model

Robotics AI startup Skild AI has surpassed $100 million in annual recurring revenue 10 months after commercially deploying a foundation model for robots. CEO Deepak Pathak shared the update on social media platform X and outlined the company’s approach. Skild AI says it has secured more than 60 paid customers across fields including logistics, delivery and operations. Pathak stressed that real-world deployment, iteration and speed matter more than demos.

AI & Enterprise

SAP CEO says he will launch only AI agents that solve complex problems

SAP CEO Christian Klein (크리스티안 클라인) said the company is focusing on developing AI agents that automate the most complex business processes. He said executive discussions have shifted from cloud migration to AI, and companies want to automate workflows and manage AI agents more easily. Klein said SAP will release only agents that solve customers’ complex tasks, and stressed the importance of data, ontology and the business data cloud for accuracy.