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More →Bermuda taps WalletConnect to advance its onchain economy plan
Bermuda taps WalletConnect to advance its onchain economy plan
Former Swift CEO joins stablecoin firm OpenTrade as chairman
Former Swift CEO joins stablecoin firm OpenTrade as chairman
Mystery Wall Street Journal ad sparks new fight over tokenized stocks
Mystery Wall Street Journal ad sparks new fight over tokenized stocks
Crypto isn’t a partisan fight, proven by data
Crypto isn’t a partisan fight, proven by data
Fed leaves interest rates unchanged, as expected
Fed leaves interest rates unchanged, as expected
OpenAI Plans to Buy Google's AI Chips as It Looks Beyond Nvidia: Report
OpenAI plans to buy AI chips from Google, according to a person familiar with the matter who spoke with <i><a href="https://www.theinformation.com/articles/openai-longtime-nvidia-customer-plans-buy-googles-ai-chips" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">The Information</a></i>. The step would loosen its dependence on Nvidia, the company that supplies most of the hardware behind the AI boom. Neither company has confirmed the plan, and the price, the number of chips, and the delivery dates have not been disclosed. OpenAI is one of Nvidia’s biggest customers. The chips OpenAI is reportedly after are Google's tensor processing units, or TPUs, processors designed for one job: the math that AI models run on. Google <a href="https://cloud.google.com/blog/products/ai-machine-learning/google-supercharges-machine-learning-tasks-with-custom-chip" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">revealed the chip</a> in 2016, saying it had already run TPUs in its data centers for more than a year. Reports in June 2025 said OpenAI had begun renting Google's TPUs, and the company described it as early testing with no plans to deploy them at scale. A purchase would mean owning the hardware instead of paying Google by the hour. Other details of the plan have not been made public. A<a href="https://openai.com/careers/software-engineer-tpu-compilers-san-francisco/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">> job listing</a> from OpenAI in San Francisco asks for an engineer to lead the optimization of its frontier models on TPUs so the rumors have weight. The work involves compilers, the software that translates an AI model into instructions a specific chip can run, which is why switching chips is harder than swapping parts. Richard Ho, who leads OpenAI's hardware program, spent nearly nine years at Google and was one of the leaders of its Cloud TPU project before joining OpenAI. In September 2025, Nvidia signed a letter of intent to invest <a href="https://decrypt.co/340794/nvidia-100-billion-openai-historic-ai-infrastructure-deal-stock-pops" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">up to $100 billion</a> in OpenAI as it deployed at least 10 gigawatts of Nvidia systems. A gigawatt is a billion watts, the unit data center builders now use to size their projects. Two weeks later, AMD gave OpenAI the right to buy up to <a href="https://decrypt.co/343068/amd-stock-skyrockets-openai-bet-loosen-nvidia-grip-ai-chip-market" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">160 million AMD shares</a>, roughly 10% of the company. The right is tied to OpenAI deploying 6 gigawatts of AMD chips. Nvidia ended up putting <a href="https://decrypt.co/360195/nvidia-probably-done-investing-openai-anthropic-ceo-why" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">$30 billion</a> into OpenAI's funding round, well below the $100 billion in the letter of intent. CEO Jens
Analyst: Microsoft's earnings show cloud computing capacity is sufficient to meet robust demand.
According to a report from Bijie Network, analysts pointed out that Microsoft's (MSFT) earnings report shows the company is able to fully capture the enormous demand in the cloud computing market. The earnings report shows that Microsoft Azure revenue exceeded Wall Street expectations, and the cloud computing business is key to influencing Microsoft's stock price performance. Before the earnings release, the market had already clearly seen AI-driven demand, but whether Microsoft can release capacity quickly enough remained in question. Analysts said the earnings report shows that "capacity is already in place, and demand has filled that capacity accordingly." Customers are locking in future spending, and the scale of Microsoft's committed future spending remains at $677 billion. Analysts pointed out that compared with previous expectations, the portion of this revenue recognized within the next 12 months will increase. In pre-market trading on Thursday, Microsoft's stock price rose 2.7% against the trend, in contrast to the overall decline in tech stocks.
Microsoft's earnings report shows that cloud computing capacity is sufficient to meet strong demand.
Yorkville Ives analysts wrote that Microsoft's (MSFT) earnings show the company is able to fully capture the enormous demand in the cloud computing market. The analysts said Microsoft's Azure revenue exceeded Wall Street expectations, and the cloud computing business is key to Microsoft's stock performance. Before the earnings release, the market had clearly seen AI-driven demand, but whether Microsoft could release capacity quickly enough remained in question. The analysts wrote that the earnings show "capacity is now in place, and demand has filled that capacity." Customers are locking in future spending, and Microsoft's committed future spending remains at $677 billion. The analysts noted that compared with previous expectations, the portion of this revenue to be recognized over the next 12 months will increase. In premarket trading on Thursday, Microsoft shares rose 2.7% against the trend, in contrast to the overall decline in tech stocks.
Solflare pledges to compensate for $160 million in staking losses
According to CoinWorld news, Solflare wallet has promised to compensate for $160 million in staked assets that were unable to earn returns due to validator node downtime, affecting approximately 1.56 million SOL. Solflare has not yet disclosed the name of the company holding the private keys.
Intercontinental Exchange partners with Trade XYZ to launch perpetual futures products.
Coin World news, according to Bloomberg, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is partnering with Trade XYZ to launch perpetual futures products in the U.S. regulated market. The two parties plan to build a new trading market based on Hyperliquid's underlying infrastructure, with independent clearing, KYC, and anti-money laundering (AML) systems, and to use derivatives linked to equities, stock indices, commodities, and foreign exchange. The business is still pending regulatory approval. As part of the cooperation, ICE will make an equity investment in Trade XYZ, but the specific funding details have not been disclosed. Previously, Trade XYZ had already listed multiple on-chain perpetual derivatives on Hyperliquid, including crude oil and traditional stock indices.