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Crypto

Bubblemap warning comes true as LAB token plunges 99.6 percent from record high

LAB token has fallen 99.6 percent from its all-time high, trading around $0.12. The value of holdings in 313 wallets tied to Legion presale participants tracked by Bubblemap fell to $6,768,048 from more than $1 billion, after peaking at $519,517,144 on July 3. The slide accelerated in July amid liquidations and alleged large sales. Markets are watching planned monthly unlocks of 16.23 million LAB from Aug. 14 to Dec. 14.

AI & Enterprise

Musk counterattack: Grok 4.6 ahead of GPT in coding and terminal performance

SpaceXAI unveiled its new AI model Grok 4.6. Foreign media reports said it matched OpenAI\'s GPT-5.6 Sol Max on a composite performance score and focuses on agent use and conversational and visual outputs. In Artificial Analysis\' Intelligence Index, Grok 4.6 scored 61, behind Anthropic\'s Fable5 Max by 1 point. Grok 4.6 led in software engineering and terminal benchmarks and will be available via multiple channels with pricing per million tokens.

AI & Enterprise

Why Nvidia wants to develop even large AI models itself

Nvidia is speeding up its push to develop and distribute its own open-source AI models as part of an effort to expand hardware demand, although some see a risk of competition with AI companies that buy its chips. The Information reported Nvidia is developing the open-source large language model Nemotron 4 with at least 1 trillion parameters. Nvidia has also rolled out lightweight models and free routing software and increased spending on computing resources through cloud contracts.