Vast raises nearly $200M to become China’s latest AI unicorn

China's tightened oversight on outbound investments may redirect capital back to domestic markets, impacting global tech investment dynamics. The post China’s State Council tightens oversight of outbound investments starting July 1 appeared first on Crypto Briefing.

The closure of this loophole underscores the intensifying US-China tech rivalry, potentially accelerating China's push for self-reliance in chip technology. The post US Commerce Department closes loophole on Nvidia chip exports to China appeared first on Crypto Briefing.

The post China’s NBS Manufacturing PMI eases to 50.0 in May, Non-Manufacturing PMI rises to 50.1 appeared on BitcoinEthereumNews.com. China’s official Manufacturing Purchasing Managers’ Index (PMI) eased to 50.0 in May, compared to 50.3 in the previous reading. The reading came in line with the market consensus of 50.0 in the reported month.  The NBS Non-Manufacturing PMI improved to 50.1 in May versus April’s 49.4 figure. The market forecast was for a 49.5 print. Market reaction At the time of writing, the AUD/USD pair is trading around 0.7180, down 0.07% on the day.  Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the price of its biggest export, Iron Ore. The health of the Chinese economy, its largest trading partner, is a factor, as well as inflation in Australia, its growth rate and Trade Balance. M

The post Animoca’s Yat Siu Warns $900B Ad Industry Faces Collapse as AI Agents Take Over Discovery appeared on BitcoinEthereumNews.com. Key Takeaways Animoca Brands launched a $10M fund targeting early-stage agentic AI, calling the sector as early as OpenAI circa 2020. Yat Siu says the $900B advertising industry will shift to AI agents, routing discovery value to blockchain networks. Siu projects 1,000x productivity gains and advises retail investors to build wide baskets across 50 to 70 AI companies. Yat Siu Says AI Productivity Gains Are 1,000x, Tells Retail Investors to Build Wide Baskets Now Speaking in Miami on The David Lin Report with David Lin and Bonnie Blockchain, Siu described the current state of agentic AI as comparable to seed-stage investing in OpenAI or Anthropic roughly five years ago. He told investors to act accordingly. “The productivity growth in AI is literally a 1,000x,” Siu said. “So we think the return profile is going to be a thousand-x amongst sort of the top

Animoca Brands co-founder Yat Siu says agentic artificial intelligence (AI) is the most important shift in the internet since blockchain, and his firm is backing it with a fresh $10 million investment program. Yat Siu Says AI Productivity Gains Are 1,000x, Tells Retail Investors to Build Wide Baskets Now Speaking in Miami on The David […]

The post Coders Refuse To Work Without AI — But The Hidden Costs Are Piling Up appeared on BitcoinEthereumNews.com. Coders Refuse To Work Without AI — But The Hidden Costs Are Piling Up Skip to content Home AI News Coders refuse to work without AI — but the hidden costs are piling up Source: https://bitcoinworld.co.in/coders-refuse-work-without-ai-hidden-costs/

Eight decades after Paul Erdős posed the unit distance problem in 1946, a general-purpose AI has produced configurations that beat the long-standing conjectured bounds, proving at least n^(1+δ) unit-distance pairs for some δ>0. Mathematicians at Princeton have verified the result, with figures like Tim Gowers and Arul Shankar calling it a significant advance. An 80-year-old […]

The post New dApps on BNB Chain Highlight DeFi, AI, and RWAs appeared on BitcoinEthereumNews.com. Timothy Morano May 30, 2026 09:26 BNB Chain introduces new dApps spanning DeFi, AI, and tokenized assets, showcasing ecosystem growth as BNB trades at $670.39. BNB Chain continues to expand its ecosystem with the addition of new decentralized applications (dApps) this week. Highlighted projects include innovations in decentralized finance (DeFi), artificial intelligence (AI), and tokenized real-world assets (RWAs). This growth underscores the platform’s push to remain competitive in an increasingly crowded smart contract space. Among the new arrivals is xStocks, a platform bringing tokenized U.S. stocks and ETFs on-chain, signaling a growing appetite for RWAs in the crypto space. Other notable projects include Saturn and Apyx, both advancing on-chain credit mechanisms, and Yamata, which focuses on creating a DeFi layer for conviction-based financial strategies. Additional