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AI & Enterprise

OpenAI and Anthropic join calls to curb Chinese AI, raising questions over who benefits

A debate in the United States over Chinese artificial intelligence has intensified after Moonshot AI released its latest model, Kimi. The argument is shifting from the model’s performance to what regulatory course the United States should take. OpenAI and Anthropic are cited as lobbying regulators over open models from China. Some journalists say fear rises sharply when China is involved, while others warn a ban could mainly benefit a few U.S. companies.

Crypto

Hoskinson says ADA has no issues, Cardano ecosystem development funding to top $100 million this year

Cardano can deploy more than $100 million for ecosystem development this year despite its drop in market-cap rankings, founder Charles Hoskinson said. He said the network’s on-chain treasury continues to generate funds needed for long-term growth. Spending could cover software development, infrastructure upgrades, research, developer tools and education programs. Hoskinson said more than 30 to 40 companies have received support, reducing reliance on Input Output Global.

AI & Enterprise

Armstrong backs open-weight AI, responds to Huang\'s first X post

Coinbase CEO Brian Armstrong publicly voiced support for open-weight artificial intelligence models, responding to Nvidia CEO Jensen Huang\'s first post on X, blockchain outlet U.Today reported on July 24. Armstrong said open-weight models can outperform closed frontier models for internal corporate work when fine-tuned with company data. Huang’s open letter, backed by major tech firms, argued open-weight AI broadens access and strengthens U.S. leadership while acknowledging misuse risks.