AI Industry Development & Policy Dynamics

Gate News, June 11, according to Gate market data, as of the time of writing, AIO (olaxbt) is trading at $0.19. It is up 80.81% over the past 24 hours, hitting a high of $0.2 and falling back to a low of $0.10. The 24-hour trading volume is $290,200. Its current market cap is approximately $42.8979 million. OlaXBT is a decentralized AI trading layer that converts multi-source crypto data into pre-processing factors for AI agent builders through a patented data processing framework. The platform

According to Beating, Xiaomi has released and open-sourced MiMo Code V0.1.0, a terminal AI programming assistant under the MIT license. Built on OpenCode, it features the built-in MiMo-V2.5 multimodal model and supports DeepSeek, Kimi, and GLM APIs. MiMo Code introduces a persistent memory system t

Coinbase CEO Brian Armstrong announced on X on June 11 that Coinbase has been approved to offer global cryptocurrency perpetual contracts to users in the United States. In the same post, Armstrong estimated that about half of the global trading volume in perpetual futures comes from U.S. users using offshore platforms via VPN, and called it an “open secret in the industry.” Coinbase Gets Approved for Perpetuals: Armstrong Confirms Its U.S. Market Position According to what Armstrong confirmed in

Ripple joined Mastercard's Agent Pay for Machines initiative announced on June 10, positioning XRPL and RLUSD as infrastructure for AI-driven autonomous transactions. Mastercard stated it is working with more than 30 partners to support autonomous transactions requiring speed, controls,

According to WSJ, on June 11, OpenAI is considering significantly cutting prices to compete with Anthropic amid intensifying competition in the generative AI market. The company expects the AI services market to become increasingly competitive and may escalate into a cost war. Industry sources

According to Forbes, Pi, an Israeli-American cybersecurity startup founded by ex-Microsoft and Tesla leaders, raised $25 million in Series A funding led by Third Point Ventures on June 10, bringing total funding to approximately $35 million. Co-founders Guy Arazi (CEO) and Yoni Ramon (CPO)

According to Bitcoin.com News, Ripple announced on June 10 that it is partnering with Mastercard and over 30 industry participants to support autonomous AI agent payments through its XRP Ledger (XRPL) and Ripple USD (RLUSD) stablecoin. The initiative, called Agent Pay for Machines, targets machine-d

Bithumb, a South Korean digital asset exchange, launched AI TradeKit on the 11th, a service enabling users to trade cryptocurrencies through natural language conversations with generative AI models including Claude, ChatGPT, and Gemini. The platform was designed to simplify trading by allowing users

Bithumb launched its AI Trade Kit on June 11, enabling users to execute digital asset trades through conversations with generative AI models including Claude, ChatGPT, and Gemini. The service processes market inquiries and trade execution via Bithumb's open API based on natural language

According to The Verge on June 10, Microsoft has restricted employee access to Anthropic's Claude Fable 5 over data retention policy concerns. Anthropic launched Claude Fable 5, the public version of its Mythos-tier AI model, on Tuesday (June 9). The data retention policy allows Anthropic to store u

According to MSX.COM data, U.S. stocks closed lower on June 10, with the Dow Jones Industrial Average falling 1.87%, the S&P 500 declining 1.62%, and the Nasdaq Composite dropping 1.98%. The VIX volatility index rose 11.83%. AI-related stocks saw broad declines, with Supermicro down 27.98%,

According to Reuters, Meta signed up on June 10 to lease capacity at an AI-enabled data center operated by Reliance Industries in Jamnagar, marking Meta's first AI data center facility in India. The first phase will provide 168 megawatts of capacity and can be expanded. The facility will be

According to GitLab, on June 11, GitLab launched a managed version of its platform on Google Cloud through certified managed service providers Beyond and Digital Future. The service targets enterprises requiring data sovereignty control, allowing customers to retain control over where their code,

According to Yonhapnews, OpenAI founder Sam Altman will visit Samsung Electronics to discuss artificial intelligence applications. The visit highlights growing collaboration between leading AI and technology companies on advanced applications

According to Bloomberg, Visa and OpenAI expanded their partnership on June 11 to enable AI agents to make online purchases with user approval. Visa's payment capabilities are now integrated into OpenAI experiences through Visa Intelligent Commerce. Agent-initiated transactions will operate within u

Anthropic issued policy recommendations to the U.S. Congress on June 10, calling for mandatory independent third-party safety testing of advanced AI models before deployment. The AI company also opposed replacing state-level AI regulations entirely with federal law, arguing that if federal rules

According to CoinDesk, Netomi CEO Puneet Mehta said on June 11 that the AI customer experience market is projected to grow from $500 billion to $5 trillion by 2030. Mehta stated that this expansion will drive demand for stablecoins and blockchain payment infrastructure, as AI agents require 24/7

According to Beating monitoring, Google released an open-source text generation model called DiffusionGemma, which uses a diffusion-based mechanism to generate text in parallel blocks rather than token-by-token sequentially. The 26B-parameter model activates only 3.8B parameters per forward pass

According to Reuters, Israeli cybersecurity firm Cyera raised $600 million on June 10, valuing the company at $12 billion in a round led by Evolution Equity Partners. Cyberstarts, Temasek, and existing investors including Accel, AT&T Ventures, Blackstone, Coatue, and Spark Capital also