The Office of the Comptroller of the Currency (OCC) has granted Augustus conditional approval to establish Augustus Bank, N.A., a clearing bank built from the ground up around stablecoin and artificial intelligence (AI) infrastructure. Augustus Clears First OCC Hurdle for AI Clearing Bank The New York-based company, formerly known as Ivy, announced the conditional approval […]
Thinking Machines, the AI company founded by former OpenAI CTO Mira Murati, announced Monday that it's working on something called "interaction models." The idea behind interaction models, according to Thinking Machines, is that they will let people "collaborate with AI the way we naturally collaborate with each other - they continuously take in audio, video, and text, and think, respond, and act in real time."
As explained by Thinking Machines:
Today's models experience reality in a single thread. Until the user finishes typing or speaking, the model waits with no perception of what the user is doing or how the user is doing it. Until th …
Read the full story at The Verge.
Decentralized wallet and AI developers are the latest focus of Tether’s expanding open-source funding efforts. Blockchain platform Tether is putting fresh capital behind developers building independent crypto and AI tools. New grants will fund projects tied to wallets, payments, browser extensions, and on-device AI systems. Company executives say the goal is to support software that […]
The post Tether Opens Grants Initiative to Fund Wallet and Payment Tool Developers appeared first on Live Bitcoin News.
Aster's fee-free swap promotion may intensify competition, pushing stablecoin conversion fees toward zero, benefiting active traders.
The post Aster offers fee-free swaps between USDC and USDT for 30 days appeared first on Crypto Briefing.
May 11, 2026 — In managing airport traffic, small errors can cause catastrophe. Today at a NASA symposium in Los Angeles, a group from the CMU Robotics Institute’s AirLab reported using […]
The post PSC Bridges-2 Helps Train AI to Predict and Explain Airport Collision Risks appeared first on AIwire.
BlackRock files $7B Ethereum Treasury fund using ERC-20 tokenized share structure BNY Mellon maintains official on-chain register linking custody with blockchain systems Ethereum becomes settlement layer for tokenized Treasury and stablecoin-linked assets BlackRock has expanded its blockchain-linked investment strategy through a new filing tied to its Select Treasury-Based Liquidity Fund. The fund holds roughly $7 […]
The post BlackRock Advances Ethereum-Based Treasury Tokenization appeared first on Live Bitcoin News.
The International Monetary Fund (IMF) is warning that AI could become a growing threat to global financial stability by making cyberattacks faster and more sophisticated. In a new analysis, the organization describes how new AI tools can help attackers identify and exploit security vulnerabilities in banks, payment systems, and cloud services in record time.
According to the IMF, the financial sector relies heavily on shared digital infrastructure, which means a single vulnerability could have consequences for multiple institutions simultaneously. AI-driven attacks might, for instance, lead to disruptions in payment systems, liquidity problems, and reduced confidence in the financial market.
The IMF points, among other things, to Anthropic’s experimental AI model Claude Mythos Preview to illustrate how quickly AI technology is progressing. The model is reported to be highly skilled at finding and exploiting security vulnerabilities in major operating systems and web browsers.
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IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongside…