AMD-Anthropic chip deal, Apple AI focus, USD stablecoin warning

Today at a glance:


πŸ“ˆ Business & Finance

This partnership allows businesses to purchase essential supplies without immediate full payment, improving cash flow management.Aboutamazonβ€’ 2 min

Amazon Business has teamed up with Affirm to introduce a Buy Now, Pay Later option at checkout, streamlining payment processes for businesses. This change aims to enhance cash flow management and ease financial pressure for business customers.

The funding will enable Ant International to expand its fintech services globally, enhancing its competitive edge in various markets.Reutersβ€’ 2 min

Ant International has successfully raised $1.2 billion in funding to bolster its global expansion, particularly in its fintech services. This significant investment underscores the company's ambition to enhance its market presence worldwide.

The new spend controls leverage AI technology to provide businesses with comprehensive oversight of their expenses, minimizing financial risks.Financeβ€’ 4 min

Ramp has unveiled AI-driven spend controls, enabling businesses to manage expenses more efficiently with programmable tokens. This innovative feature aims to enhance security and streamline financial operations for users. Read more here


πŸ’» Technology

This partnership positions AMD as a key player in the AI chip market, potentially rivaling competitors like NVIDIA.WSJβ€’ 3 min

AMD and Anthropic have signed a substantial partnership to enhance AI technology through a significant investment and chip deal. This collaboration is set to drive innovation and improve AI capabilities in various applications.

Apple’s upcoming devices are expected to feature enhanced GPUs, providing the necessary power for demanding AI applications, which is critical for developers and creatives alike.Bloombergβ€’ 6 min

Apple is set to launch a revamped lineup of MacBooks and iMacs, strategically enhancing performance to meet the surging demand for AI capabilities. The new models aim to integrate advanced processing power tailored for AI tasks.

The vision-restoring chip utilizes advanced AI algorithms to interpret visual data and deliver it directly to the brain, significantly aiding those with severe sight deficiencies.TechCrunchβ€’ 5 min

Science Corporation has secured EU approval for its revolutionary vision-restoring chip, aimed at assisting those with vision impairments. This breakthrough technology showcases the potential of AI to enhance quality of life for millions. Read more about it here.


πŸ€– Artificial Intelligence

The partnership focuses on creating cutting-edge AI chips that will optimize performance for Anthropic's AI models, potentially leading to breakthroughs in natural language processing and other applications.WSJβ€’ 3 min

AMD and Anthropic have formed a strategic partnership to boost AI capabilities through advanced chip development and significant investments, marking a pivotal moment in AI hardware evolution. This collaboration aims to enhance Anthropic's AI models and align with growing industry demands for powerful computing solutions. Read more here

Users can now analyze real-time usage data, helping to identify trends and enhance decision-making.Anthropicβ€’ 2 min

Anthropic's Claude has introduced a feature enabling direct access to AI usage data, providing users with valuable insights into AI performance and utilization. This advancement is aimed at enhancing decision-making processes and optimizing performance for users.

The Arizona facility is part of TSMC's strategy to address the surging demand for AI chips, reflecting the broader 'megatrend' in AI technology and its impact on manufacturing.CNBCβ€’ 5 min

TSMC is fast-tracking its factory build-out in Arizona to meet the rising demand for AI chips, signaling a major shift in the semiconductor landscape as AI technology continues to evolve.


πŸ’Ž Crypto

The BIS's warning underscores concerns that USD stablecoins could lead to reduced effectiveness of monetary policies by enabling unrestricted capital flows.Theblockβ€’ 2 min

The Bank for International Settlements (BIS) has raised alarms about the use of USD stablecoins potentially circumventing capital controls, presenting challenges for regulators globally.

The partnership enables users to effortlessly convert and spend their stablecoins for daily purchases, enhancing the utility of digital currencies.β€’ 1 min

Marqeta has teamed up with Zerohash to launch stablecoin-linked cards, simplifying how users can spend digital currencies in everyday transactions. This move aligns with the growing trend towards integrating cryptocurrencies into daily financial activities.

The parimutuel market maker facilitates dynamic trading, allowing users to leverage odds as they shift in real-time based on market activity.Threadreaderappβ€’ 2 min

Melee has unveiled a parimutuel market maker designed to elevate prediction markets on the Solana blockchain, offering users fresh trading possibilities. This launch marks a significant step in the evolution of decentralized trading platforms.

Download on the App Store