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AI & Enterprise

Open Secure AI Alliance launches with Nvidia and global partners; SK Telecom and Naver join

The Open Secure AI Alliance, a consortium to develop and share open technologies, techniques and tools to protect software and agents in the AI era, is launching under the lead of Nvidia and global companies. Nvidia and founding members plan to jointly develop and share open models, agent harnesses and security tools supporting responsible AI use and improved trust. SK Telecom and Naver are among the participating South Korean companies.

Crypto

Velocity raises $38 million in Series A to expand enterprise stablecoin infrastructure

Velocity raised $38 million to expand infrastructure that supports stablecoin-based cross-border settlement and treasury operations for companies and financial institutions. The Series A round was led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. Velocity plans to use the funds to expand banking and payment networks, develop new products and strengthen regulatory response capabilities.

AI & Enterprise

AI startup ecosystem deepens shift toward Anthropic and OpenAI

Revenue in the AI startup ecosystem is increasingly concentrating in Anthropic and OpenAI, dubbed the “big two,” with their combined share rising to 89 percent, The Information reported. The outlet said the estimate is based on annualised revenue data for 34 leading AI startups, excluding AI cloud firms renting Nvidia chips and listed companies such as Google and Microsoft. It also noted revenue figures may be inflated due to revenue-sharing deals with cloud partners.