AI / Large Models

Anthropic's annual revenue exceeds $65 billion, IPO could precede OpenAI

By the end of July, this number has increased sevenfold year-on-year, with the latest quarterly preliminary revenue surpassing $11.5 billion, compared to only $787 million in the same period last year. Both companies have secretly submitted their applications, with Anthropic expected to go public as early as this fall, and the market will take its pricing as a benchmark for AI company IPOs. Source: Opinion Labs | Faststocknews

> Hot comment: Last year, they were still talking about "safety first," but this year they're telling a revenue story stronger than the graphics card manufacturers, revealing all the numbers they can before the IPO.

GPT-5.6 Sol price cut by 50%, touted as OpenAI's strongest visual model to date

OpenRouter has updated its pricing, and after testing, Roboflow has given it the evaluation of the "strongest visual model." The model layer continues to exchange price cuts for scale, and visual capability has become a new point of competition. Source: OpenRouter | Roboflow

> Hot comment: The stronger it gets, the cheaper it becomes; the price war among AI companies has reached a point where even the models are questioning "What am I really worth?".

GitHub Copilot's AI autofix is accused of indirectly breaching Snowflake Jira

The security company Wiz discovered that AI-generated automatic fixes can be exploited along the CICD pipeline, eventually entering Snowflake's internal Jira. Automating bug fixing is pushing safety boundaries from code pages to the entire delivery chain. Source: Wiz

ZachXBT criticizes Worldcoin again: exchanging tokens for biometric data from low-income countries

He believes the project collects iris data by offering small amounts of WLD tokens, which has already spawned a black market for verifying accounts, with high-speed inflation of token supply and insiders continuously selling OTC. Source: ZachXBT

Cryptocurrency / Web3

South Korea is preparing to block Polymarket, citing "gambling"

If regulatory statements do not loosen, access for South Korean users to prediction markets will be restricted. This stands in stark contrast to Polymarket's compliance expansion after the U.S. elections. Source: Cointelegraph

Chainalysis sues the U.S. government, seeking to reclaim $94.6 million ICE contract

The contract was transferred to competitor TRM Labs, and Chainalysis believes there are issues with the process. Government blockchain monitoring orders are turning into a legal battle between cryptocurrency intelligence companies. Source: Decrypt

Bitpanda faces Europe's first public MiCA fine

Austria issued the first public fine, indicating that MiCA has moved from framework to enforcement. Other EU platforms are likely to use this case as a reference for compliance costs. Source: Decrypt

Bitcoin surges to $64,500 analyzed as a "low-volume liquidity trap"

Prices surged suddenly but with insufficient volume, analysts believe this kind of increase could easily lead to a false breakout. If subsequent volume doesn’t keep up, prices may quickly retract. Source: Cointelegraph

Chips / Hardware

SanDisk's stock rises 3585% in eighteen months, AI makes NAND a scarce commodity

With a market value of approximately $278 billion, it is already among the top 30 companies in the U.S.; the company has signed multi-year contracts worth $93.9 billion, and management views unloading KV cache as potential demand of 75-100 EB by 2027. The SD card maker from old cameras has turned into a new bottleneck for AI data centers. Source: Hypercall Insights

> Hot comment: From the SD card in your old camera to the "new oil" of AI data centers, storage chips are telling stories bolder than science fiction.

NVIDIA discloses $2.1 billion stake in SpaceX

From GPU to space connectivity, NVIDIA's capital tentacles continue to extend into the periphery of AI infrastructure. Source: Ars Technica

AI electricity demand drives up power semiconductor prices, storage stocks also reassessed

Some power semiconductor companies may raise prices in October; AI capital expenditure concerns ease, leading Micron, SanDisk, and others to drive the chip index back into a bull market. Source: Financial News | Wall Street News

Technology Companies

Xiaomi's Q2 revenue reaches 108.9 billion yuan, net profit exceeds expectations but smartphone shipments drop 26.5%

Price increases in storage combined with weak demand have squeezed the smartphone business from both ends. On the surface, revenues and profits are increasing, but structurally, they rely more on non-smartphone business for profit. Source: Wall Street News

Tencent is viewed by Wall Street as fighting the "Midway Battle"

After a management meeting, the market likens Tencent's position on AI large models to a turning point. This directly relates to its valuation elasticity in the next round. Source: Wall Street News

Minnesota accuses xAI's Grok of creating a "digital sexual violence marketplace"

The content safety wave reemerges; if it enters formal procedures, it may bring a new round of regulatory costs for xAI. Source: Decrypt

Google buys bankrupt airline Spirit's data at auction, because of AI

Aviation data was purchased by AI companies, and the data assets of the bankrupt company are turning into training material. Source: The Register

U.S. Stocks / Finance / Macroeconomics

30-year U.S. Treasury yield hits new high since 2007

Oil prices, fiscal deficit, and AI bond issuance jointly push up long-end rates, leading to declines in global stocks and bonds; tech stocks fell across the board in pre-market, with SanDisk down about 4%. Source: Wall Street News | Wall Street News

Ships attacked in the Strait of Hormuz; Chinese shipping giant halts oil tanker dispatch

As risks increase with the expiration of the U.S.-Iran ceasefire, COSCO and others stop oil tankers from passing through the Strait of Hormuz and the Mandeb Strait, pushing oil prices higher. Source: CNBC | Staunovo

New Products / Trends

Yushu Technology launches robot "Superman," listing on the Sci-Tech Innovation Board on August 19

The legs measure 0.85 meters, with officials claiming it surpasses human high jump and running speed records. The technical highlights and performance on the first day of listing are being discussed on the Zhihu hot list. Source: Zhihu

> Hot debate: Some are more concerned about the stock price on the robot's first day of listing rather than how high it can jump.

Today's Undercurrent

The scarcity of AI infrastructure is shifting from GPU/HBM to the next layer "flash storage": SanDisk's explosive growth due to contracts, storage stocks being reassessed, and Micron's earnings report becoming a pricing anchor; at the same time, the model layer is exchanging price cuts and high revenue growth for scale, with Anthropic reaching $65 billion in annualized revenue. However, Xiaomi's earnings report reveals downstream devices are being hit by rising storage prices. Additionally, combined with the risks in Hormuz pushing up oil prices and long-end U.S. Treasury rates hitting a new high since 2007, the market today is actually pricing in AI scarcity, geopolitical risks, and rising interest rates simultaneously.