At a U.S. Senate hearing, the digital asset industry presented cryptocurrencies as a way to ease Americans’ cost-of-living pressures, but lawmakers were largely cool. Senator John Kennedy said testimony from Digital Chamber CEO Cody Carbon sounded closer to promoting crypto. Few senators asked questions about digital assets. The industry also urged Senate action on the market-structure CLARITY Act, though added ethics provisions and regulatory jurisdiction disputes could complicate passage.

Micron Technology has signed a comprehensive partnership with Anthropic covering high-performance memory supply and strategic investment to strengthen cooperation on AI infrastructure. The companies will work on AI architecture design, memory and storage supply-chain visibility and use of Anthropic’s generative AI model Claude. Micron joined Anthropic’s Series H funding round as a strategic investor. Anthropic raised $65 billion in May, lifting its valuation to $965 billion, and Claude has about 30 million monthly active users.