Harvey raises an additional $550 million in financing, valued at $15.5 billion, with its first in-house model built on Kimi K3.

Legendary trader Paul Tudor Jones published a provocative thesis in The Wall Street Journal today, claiming that artificial intelligence (AI) could become the third superpower alongside the U.S. and China. In response to recent warnings from employees at several major U.S. AI companies that rapid AI development threatens human society, Jones argues this threat is real and requires coordinated action from the world’s major powers. He stresses that the U.S. and China must commit to setting timelines to control AI development and proliferation in a safe, controllable, and understandable manner. “If an AI model repeatedly rewrites itself thousands of times, what is the chance it will make a single error, leading it to pursue a goal inconsistent with its intended target, thereby causing harm or even catastrophic consequences to humans? Now multiply that risk by tens of thousands of users,” Jones wrote. He notes that a new superpower—AI—is about to enter the global arena. It is unpredictable, endless, and could far outpace the scale of existing powers, whether individually or collectively. He calls on leaders of existing major powers to make AI safety their top priority for the remainder of their terms in office.

Beating AI Express News: Ant International, Visa, and Mastercard announced a partnership to advance mutual recognition of KYA (Know Your Agent). KYA can be understood as "identity authentication for AI Agents" — it confirms who an agent is and who it represents, allowing payment networks to assess its trustworthiness. The three companies aim to integrate this authentication system. Going forward, once an AI Agent completes verification in one ecosystem, it will be recognized across other payment networks with its identity and trust data already on file, eliminating the need to re-register and re-verify from scratch each time.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs logged a net outflow of $120 million yesterday. Specifically, IBIT saw a net outflow of $19.5 million, ARKB $78 million, and GBTC $27.2 million. Separately, U.S. spot Ethereum ETFs posted a net inflow of $34.7 million yesterday, with ETHA and ETHB attracting inflows of $9.7 million and $22.9 million respectively.

Decentralized wallet infrastructure provider Privy has launched pre-built components for stablecoin cards. The project allows embedding cardholder experiences in applications with a single integration, and partners with Stripe to issue stablecoin cards. Officials state that the service currently covers over 25 card-issuing markets, with plans to expand to more than 100 by the end of this year. Users can spend directly from their Privy wallet or DeFi vault balances, without needing to pre-transfer funds to a separate card account. Lead Bank acts as the card issuer, Bridge serves as the project manager, and Stripe provides issuance services.

According to GMGN market data, the market capitalization of STONK, the token of Solana-based token launch platform StonkFun, briefly rebounded above $180 million and is now trading at $179.6 million, with a 24-hour gain of 24.86%. The token’s 24-hour trading volume reached $94.1 million. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.

Beating AI News – AI music platform Suno has released its new generation models: v6, v6-wild, and the free v6-mini, while retiring all previous models. The v6 model focuses on stability and controllability, while v6-wild is more random and experimental. This marks Suno’s first collaboration with music companies including Warner Music, BMG, and Believe to develop new models, now using licensed music for training. Earlier, Warner sued Suno, and Believe once banned the distribution of Suno-generated songs. However, the first wave of user feedback has been poor. Many long-time users complain that v6 is more muffled, has muddier vocals, and is more homogeneous than v5 and v5.5, even demanding the restoration of the old models.