Situational Awareness, the $20bn hedge fund founded by former OpenAI employee Leopold Aschenbrenner, has sought to raise fresh capital from investors after suffering heavy losses during the recent rout in AI stocks https://t.co/V4m0HnUoEG
For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.
AI will transform every industry, power every company, and be built by every country.
Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.
The world needs both frontier closed models and frontier open models.
https://t.co/AUKzoQ5Ikb
Sad to see BitMex go. Some thoughts:
BitMex pioneered 100x perps in crypto back in 2014. Delivery futures existed before then, making Fridays hectic.
BTC deposits only, one chain only, withdrawals only once per day, through a multi-sig wallet. The constraints that seemed inconvenient kept them unhacked.
All four founders pled guilty to BSA violations a month before trial, after 18 months of fighting it. $10m fine each, home confinement. No one went to prison.
However, their business didn’t survive the “war on crypto” from the Biden admin.
Lastly, wind down appears orderly, users can withdrawals their assets. Respect to @CryptoHayes 🫡
NS is another YC-kind of incubator and we’re glad to see that it’s hosted in APAC than North America, as per my years experience of investment, there’s a big potential for startups to get massive adoption during market expansion in APAC but more entrepreneurial atmosphere from 0-1 in North America and EU, NS broke this imbalance and guided investors to discover more outstanding startup teams and key factors in the APAC region.
Network School is not shutting down; that’s fake news.
We received two notices. The first tells us to change the text of a sign. The second says that our coworking site, which was created by joining two adjacent units, evidently has a valid license on the left hand side but not the right hand side.
We have a remedial period for both issues, and will remediate them shortly. But our members are otherwise unaffected.
Created this mini Idol vlog using Seedance 2.0
Prompt:
FORMAT: 16:9
VIDEO CONCEPT: "Hidden Rooftop Break"
A highly realistic self-recorded backstage vlog captured entirely by a Korean female idol using a consumer camcorder. The footage should feel genuinely accidental and unscripted, like personal footage never intended for broadcast. Natural hand movement, realistic autofocus behavior, occasional slight framing mistakes, authentic walking motion, believable exposure adaptation, and smooth physical interactions with the environment. No glitches, no duplicated limbs, no warped objects, no facial distortion, no sudden appearance/disappearance of people or items.
VISUAL STYLE
Early digital camcorder realism. Soft detail, mild sensor noise, subtle compression artifacts, natural skin texture, realistic indoor-to-outdoor exposure transitions, accurate lighting physics, authentic motion blur. No cinematic effects, no artificial lens flares, no beauty filters, no exaggerated color grading.
CHARACTER
HANA, Korean female idol in her twenties. Long dark hair, natural makeup, clear skin, expressive eyes, slim figure. Wearing a comfortable oversized zip-up hoodie over her stage outfit, in-ear monitors around her neck.
LOCATION
Upper maintenance level of a large music-show building. Emergency stairwells, rooftop access doors, ventilation units, concrete walls, safety railings, distant city skyline, evening sunlight. Occasional staff members pass naturally in the background.
The recording starts mid-walk inside a quiet stairwell.
HANA pushes open a rooftop access door and steps outside into the evening air.
She immediately smiles at the camera.
"I come up here whenever I need two minutes of peace."
She walks toward the railing overlooking the city. Wind lightly moves her hair and clothing.
The camera naturally turns to reveal the skyline, traffic below, and the glowing broadcast building behind her.
"Most people downstairs don't even know this spot exists."
She leans casually against the railing while watching the sunset.
For several seconds there is no dialogue. Only distant traffic, faint wind, and venue sounds below.
She notices a small airplane crossing the sky and instinctively points the camera toward it.
"I always get distracted up here."
A vibration from her phone in her pocket causes her to laugh.
She checks the message briefly.
"Yep... they're looking for me."
She starts walking back toward the rooftop door.
Before entering, she turns around one last time and records the sunset.
"Five minutes of freedom. That's all I needed."
She opens the door and re-enters the building.
The atmosphere immediately changes from quiet rooftop ambience to busy backstage noise.
Crew members move through the hallway ahead.
Someone calls her name from off-screen.
She laughs and begins walking faster.
"Okay, okay, I'm coming!"
The recording continues naturally while she heads down the stairwell, then ends abruptly as if she simply stopped recording and put the camera away.
Important generation requirements: one continuous realistic recording, consistent identity throughout the entire video, stable anatomy, realistic walking mechanics, accurate hand interactions, natural environmental audio, physically correct lighting, no visual artifacts, no AI glitches, no jump cuts, no impossible movements, no scene changes, no duplicated objects or people.
Converted some USD to EUR on Neverless at a very good FX rate.
Not much familiar with this fat guy but just AI edited to make him dance. @neverlessapp@neverlessapp_zh
The competition for user rights among mainstream AI companies is even fiercer than the group-buying wars in China's food delivery industry.
It's either about different products from the same company mutually empowering each other, or about resetting usage limits and offering extra trial opportunities to improve user retention.
With technology at this stage of development, most applications have no or extremely low user churn costs; a more powerful product version is iterated out every two or three days.
The early-stage benefits of AI companies charging service fees may only last a few months or 1-2 years. After that, the fees will inevitably be leveled off due to competition from other products and product proliferation.
Currently, personally maintaining long-term paid memberships for various products, as well as aggregator services like Notion AI etc.. is already overwhelming. I believe the entire service architecture will gradually evolve from a flat model to a layered and subcontracted model.
Crypto exchanges entering US stocks? It’s not new — but early attempts were wild.
1/ In late 2018, BISS Exchange launched “one-click US stock buying” with USDT. No brokerage account, no USD wire — just stablecoins to trade Apple, Tesla, Alibaba, ETFs & more. Pure CFD innovation during the bear market. It exploded in popularity.
2/ But BISS paid the price. Main team in China, aggressively serving domestic users → massive regulatory red flags (securities license, forex controls, potential AML issues).
By Oct 2019: withdrawals frozen, staff detained, platform gone.
3/ FTX was next-level aggressive: tokenized stocks in 2020, real US stocks via licensed partners later. Binance briefly offered stock tokens too. SBF saw the trend early (like many of his ideas).
4/ Fast forward to 2025-2026: The Wild West is over. Top exchanges now do it right — partnering with licensed brokers & custodians, using 1:1 backed tokens (e.g. Kraken xStocks, Binance bStocks, Bitget rTokens). Proper asset isolation, dividends, corporate actions handled professionally.
5/ Lesson: US stocks + crypto is a massive opportunity, but not for cowboys. Regulatory maturity now separates who can actually deliver sustainably.
The gap between exchanges is widening.
What do you think — bullish on tokenized real-world assets?
#Crypto #Stock #RWA
Some updates on the creator rev share program:
1. Soliciting engagements (“I’ll follow everyone who replies”) 3 or more times will results in removal from the program and your account will be forwarded to the policy team for suspension. Grok now catches all of these.
Nearly 4000 accounts were removed from the program today.
2. Our new model now detects duplicated content at 3x the rate of the previous model. Adding watermarks, intros and other edits will send monetized impressions to the original uploader. This also includes copying viral text posts (most common one: “Twitter is like the smoking section of the internet”).
We detected 1.5 million posts that were stolen this cycle. Repeated or intentional circumvention will lead to removal from the program.
With these changes, over $1 million will be given back to original content creators.