2026-07-16
Visa launched a stablecoin platform that sent Circle shares tumbling six percent
Visa launched the Visa Stablecoin Platform on Thursday, a new infrastructure product that lets banks and payment processors issue, manage, and settle stablecoin transactions through Visa’s network. The platform launches with native support for Open USD, the stablecoin backed by a consortium of more than 140 firms including Visa, Mastercard, Stripe, and BlackRock. Jack Forestell, […]<br /> [...]
2026-07-16
AI-powered software could recover 300GW of hidden capacity for the US power grid, enough to power thousands of AI data centers
GridCARE claims its software can unlock 300 GW of hidden transmission capacity, easing rising electricity demand without expanding infrastructure. [...]
2026-07-16
China’s Moonshot AI releases Kimi K3, the largest open-source model ever, rivaling top U.S. systems
Moonshot AI, the Beijing-based artificial intelligence startup backed by Alibaba, on Thursday released Kimi K3 — a 2.8-trillion-parameter model that the company says is now the largest open-source AI model in the world, and one that benchmarks show performs neck-and-neck with the most powerful proprietary systems from Anthropic and OpenAI.The release, timed to land just ahead of the 2026 World A [...]
2026-07-16
Kimi's open model K3 nears GPT-5.6 Sol and Fable 5 while signaling the end of super cheap Chinese AI
Kimi is launching K3, a multimodal open-weight model with 2.8 trillion parameters and one million tokens of context. In the company's own benchmarks, it comes close to Claude Fable 5 and GPT 5.6 Sol while beating Opus 4.8 and GLM 5.2, in some cases by a wide margin. The model is also significantly pricier than its predecessor. Full weights are scheduled for release by July 27.<br /> The [...]