SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

Beating AI Express News reports that, per market sources, Deepseek's revenue reached $70 million as of July, marking a tenfold increase from 2025.

A source close to Sugon revealed that the company will launch a new token acceleration solution for large language model (LLM) inference, focusing on resolving duplicate computations and data scheduling issues during the inference process. Currently, Sugon’s ParaStor distributed storage has been deployed in China’s first fully domestic 100,000-card AI supercluster, Sugon 8000 (Dengfeng), providing data throughput and elastic scaling support for large-scale computing tasks. According to the latest report from CCID Consulting, Sugon ranks first in four sub-sectors: AI, education, embodied intelligence, and autonomous driving. (Jinshi)

BlackRock has drastically cut the minimum threshold for investors to directly exchange Bitcoin for shares of its spot Bitcoin ETF IBIT from $25 million to $1 million. The mechanism adopts the "in-kind creation" model, enabling investors to deliver BTC directly in exchange for ETF shares, skipping the need to first sell Bitcoin before purchasing ETFs, thus avoiding certain transaction steps and potential tax costs. Reports note Bitwise has also lowered its related conversion threshold from $100 million to $3 million. To date, IBIT has processed over $5 billion in cumulative in-kind conversions, up from $3 billion in October last year. As crypto asset theft, hacking and custody risks remain in the spotlight, a growing number of large Bitcoin holders are considering converting some of their self-custodied assets into regulated ETF products.

Beating AI News Flash: The Israel government-funded Hanover Institute for Public Policy has been exposed for mass-producing "research reports," with one key goal being to appear in search results of AI tools like ChatGPT and Perplexity. Since August 6, the institute’s website has published over 100 articles on Israel-Palestine issues, with no bylines, and many titles phrased exactly like questions users would ask AI platforms. Hanover also hosts an llms.txt file, organizing its entire site content into a machine-readable index. When Politico ran tests with neutral questions, ChatGPT and Perplexity had repeatedly cited Hanover. 404 Media and Responsible Statecraft each conducted AI detector checks on the articles, with most flagged as AI-generated. The behind-the-scenes PR firm Piro openly sells an "AI Story Optimization" service, which analyzes pages on Reddit, YouTube, forums, media outlets, and other platforms to identify those that most influence AI model answers, then creates content tailored to be easily cited by large language models (LLMs). Piro’s official website even uses Politico’s test results to promote its services. U.S. Foreign Agents Registration Act (FARA) filings show that Piro, via Havas Media, runs communications projects for the Israel Government Advertising Bureau LaPam. The two disclosed payments total $1 million.

Nvidia will release its latest financial results after U.S. stock market trading hours on Wednesday, with its performance seen by the market as a key barometer of overall AI sector trading momentum. FactSet data shows Wall Street analysts expect Nvidia’s second-quarter revenue to exceed $92 billion, while the market projects its third-quarter revenue to hit around $103.7 billion. Analysts note that Nvidia has consistently beaten expectations on multiple core metrics over the past year, but with market expectations already at elevated levels, the company faces noticeable "expectation premium" pressure. Investors are also closely monitoring its reliance on major cloud service providers including Amazon, Google, and Microsoft. Key focus areas of the earnings report include the performance of its data center business—particularly the shipment and demand for Blackwell architecture products, gross margin, next-quarter guidance, and updates on sales in the Chinese market. Nvidia’s stock fell 2.9% on Monday, marking its longest consecutive losing streak since 2022, before rebounding 2.2% on Tuesday. Market participants believe this earnings report and future performance guidance will act as a key catalyst for the next phase of the AI sector’s trajectory.

Samsung Electronics and SK Hynix plan to increase their supply of NVIDIA’s 8-layer HBM4 memory in the second half of this year. The move is primarily driven by NVIDIA’s supply strategy, aimed at ensuring stable supply of all types of HBM memory while also managing product heat generation. It is understood that the 8-layer memory is highly likely to become the flagship product of the next-generation HBM4E.