CEO · 9652

Gemini 3.7 Flash hits the market: a week after launch, breaking growth records

Comparative News, AI News, Google CEO Sundar Pichai said that in the first week of Gemini 3.7 Flash launch, it broke the previous Gemini model growth record and became Google's fastest growing Gemini model so far. However, Google did not announce the exact scale of growth and scale of use. This model really hits the cost-effective dessert zone. Artificial Analysis gave it a comprehensive intelligence index of 56. The high inference mode output speed was about 340 token/s, each evaluation task cost about 0.40 US dollars, and it entered the Pareto frontier of intelligence and completion time. The cost of the medium inference model was further reduced to $0.26, entering the Pareto frontier of intelligence and cost. In ARC Prize's independent verification, Gemini 3.7 Flash High Inference Mode received 84.6% in ARC-AGI-2 (Abstract Reasoning Benchmark), and cost only $0.25 per task. Google also quickly introduced 3.7 Flash into its products. Gemini App, Antigravity, and AI Studio are already connected, and Google Search is starting to use this model.

5h ago

Opinion: Changing key provisions of the Clarity Act would cause legislation to fail and should be passed as soon as possible

Comparing news, Summer Mersinger, CEO of the US Blockchain Association (Blockchain Association), wrote that there are less than four weeks left until the US Senate votes to advance the “Clarity Act” debate on September 15. Reopening the provisions that have been under negotiation for several months at this time will not improve the bill; on the contrary, it will restart the unfinished negotiation process, which may eventually lead to the failure of the legislation. Mersinger said that the two proposed revisions proposed by the American Bankers Association (ABA) — replacing the existing standard with substantially similar interest and removing the word “simply” were not simple text adjustments, but major policy changes. She pointed out that similar interest is essentially a flexible legal standard, which may allow regulators to expand the scope of interpretation; and removing Solely will change the scope of application of stablecoin income restrictions in the GENIUS Act and affect the policy boundaries previously set by Congress. Mersinger stated that ABA's concerns that stablecoins may cause bank deposits to be lost have no real basis. The data shows that since the GENIUS Act was passed, bank of America deposits have grown for three consecutive quarters, with a cumulative increase of more than 800 billion US dollars. She stressed that what is really needed to protect consumers is to establish a digital asset regulatory framework. The Clarity Act will clarify the regulatory boundaries between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), require registration of platforms serving US users, and implement customer asset isolation, information disclosure, and conflict of interest management rules. Mersinger finally called on the US Senate not to restart negotiations. The bill has been completed, the relevant work has been completed, and the Senate has an opportunity to push it forward on September 15, and it should be passed directly.

9h ago

Nvidia Rubin begins mass production and delivery: Microsoft's first devices have arrived

Comparing news, AI News, Microsoft CEO Satya Nadella published a data center site map. Microsoft's first mass-produced version of NVIDIA Vera Rubin has arrived. Nvidia later confirmed that Vera Rubin is entering full mass production. Vera Rubin is a next-generation rack-scale AI computing platform after Blackwell. The NVL72 incorporates 72 Rubin GPUs and 36 Vera CPUs. Nvidia says that compared to the GB200 NVL72, it can reduce the inference cost per million tokens to about one-tenth, and the number of GPUs required to train the MoE model to one-quarter.

10h ago

Coinbase product vice president Dor Levi leaves office to address user account restrictions

In comparison, Coinbase Product Vice President Dor Levi announced August 21 as his last working day at Coinbase and has yet to disclose his next plans. Levi joined Coinbase in 2025 and is mainly responsible for Product Foundations and driving solutions to account restrictions and freezes that have long plagued users. Coinbase CEO Brian Armstrong previously publicly acknowledged his related work; this year, Coinbase also said that after restructured the compliance process through AI, the processing of account restrictions was about 90% faster.

12h ago

STS Digital CEO: Crypto prices are still in the cold winter, and institutional adoption is already in the middle of summer

Comparative news, according to The Block, Maxime Seiler, CEO of crypto options market maker STS Digital, said that there is a divergence between crypto asset prices and institutional adoption. He said, “From the price point of view, we are still in the crypto winter, but from the institutional side, we are already in the middle of summer.” Seiler said that institutions are using more underlying technology, and capital does not necessarily flow into tokens, so technology adoption is not fully reflected in currency prices. He also pointed out that the Bitcoin futures base has converged from an annualized 20% to 30% of the 2021 cycle to close to risk-free interest rates, and is more stable than the previous cycle, partly due to the fact that the dollar has a deeper channel into and out of the crypto market.

20h ago

Coinbase CEO: CLARITY Act Expected to Receive 60 Senate Votes on September 15

In comparison, Coinbase CEO Brian Armstrong said that the US “Clarity Act” (CLARITY Act) is expected to receive more than 60 votes in the US Senate on September 15, and is confident that it will pass the first key procedural vote after returning to Congress. Brian Armstrong previously said that the CLARITY Act is in the final stages of progress, and the Senate procedural vote requires 60 votes to push the bill forward. The bill aims to establish a US digital asset regulatory framework and clarify the division of responsibilities between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in crypto asset regulation. Armstrong believes that regulatory clarification of the US crypto industry is approaching. Whether the CLARITY Act is finally passed or regulators advance through administrative rules, the market will usher in a more clear regulatory environment. Earlier, US President Trump also called on Congress to push for the passage of the CLARITY Act, believing that the bill is of great significance in establishing a digital asset regulation system and enhancing the competitiveness of the US crypto industry. reuters.com However, the bill still faces disputes from some lawmakers over issues such as conflicts of interest and stablecoin regulation, and whether it can be successfully implemented in the end still depends on subsequent negotiations in the Senate. (CoinDesk)

22h ago

Circle CEO: FASB Proposed Digital Asset Accounting Rules or Drive USDC Institutional Adoption

Comparing news, Circle CEO Jeremy Allaire said that the new proposed accounting rules will form an important strategic impetus for the adoption of digital dollars such as USDC. Allegedly, in conjunction with the GENIUS Act, the FASB rules will enable USDC to be widely used by businesses and financial institutions around the world, and this matter is strategically important.

22h ago

US stocks opened higher, crypto concept stocks generally rose, HYPE Treasury rose more than 9%

Comparative news, when US stocks opened, the Dow rose 0.5%, the S&P 500 index rose 0.4%, and the NASDAQ rose 0.4%. According to BIT (bit.com) market data, in terms of technology stocks, Micron Technology rose 1%, and the company's CEO said that currently customer demand exceeds the company's supply by about 50%. Broadcom rose 1.6%, and the company sought more than $60 billion in debt financing to provide chip infrastructure for AI companies. Crypto concept stocks are generally rising. Among them, HYPE treasury company PURR led the way, opening up more than 9%. MSTR is up 4.08% and BMNR is up 2.13%. COIN rose 5.52% and CRCL rose 6.35%. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

23h agoburnking

Alpha Arena Bali Grand Final champions announced, with a live and live broadcast audience of over 10,000

Comparatively, Alpha Arena Bali Grand Final was held in Bali. Arumando won the championship, and Murasaki Trades and Coin6097 finished runner-up and 3rd place respectively. According to the event's data, the prize money for this tournament was 100,000 USDT, and the total number of live and live viewers was over 10,000. During the finals, real-time leaderboards were fiercely competitive, and rankings changed in the last ten seconds of multiple rounds. Among them, player ShamanShark maintained the top spot for a long time, but was overtaken in the last 30 seconds and ultimately missed the top three. After the match, MEXC CEO Vugar presented awards to the winners.

1d ago