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Crypto

Why the U.S. SEC chose rulemaking over enforcement

The U.S. Securities and Exchange Commission has sharply shifted its approach toward crypto firms during Chair Paul Atkins' first year in office, moving away from enforcement. The SEC has halted civil actions and investigations, approved multiple crypto-linked exchange-traded funds and expanded regulatory coordination, including with the CFTC. Atkins said the agency delivered major progress and moved past enforcement-led regulation. Democrats have criticised the SEC and Atkins over conflict-of-interest concerns, while regulatory uncertainty persists pending passage of the Clarity Act.

Industry

Nvidia shifts AI chip battleground from specs to end-to-end efficiency

Nvidia said it will shift competition in AI semiconductors from chip specifications to end-to-end efficiency across pre-training, post-training, inference and agents. It also disclosed measured results showing Blackwell-based GPUs deliver 55 times faster mixture-of-experts inference than the prior Hopper generation. Nvidia highlighted efficiency gains from a new numeric format and software advances, and introduced curriculum-based post-training results for its Nemotron 3 Nano model. It also said Korean partners are participating and unveiled a Korean-focused synthetic dataset.

AI & Enterprise

Moonshot AI releases open-source LLM Kimi-K2.6

Chinese AI startup Moonshot AI has unveiled the latest version of its open-source large language model series, Kimi-K2.6, SiliconANGLE reported on Monday. Moonshot AI says Kimi-K2.6 outperforms GPT-5.4 and Claude Opus 4.6 across multiple AI benchmarks. The model is based on the SwiGLU activation function and uses a mixture-of-experts structure with 384 experts, activating eight per prompt to reduce hardware use. It also includes a vision encoder and can run up to 300 agents in parallel.