ForkAndChill

Crypto news, Coin Bureau reports that in just 25 days, the market capitalization of the crypto market has evaporated by over $500 billion.
Among them, Bitcoin's market value loss exceeds $400 billion, with the price reaching $61,000.

CryptoWorld News: On June 1, Amperefo announced that it would further expand its collaboration with NVIDIA to accelerate the deployment of production-level edge AI. The two sides are working together to comprehensively upgrade the NVIDIA Jetson platform (including new-generation platforms such as Jetson Thor), aiming to turn it into an edge AI platform with commercial capabilities that can be directly put into mass production.

An independent Bitcoin miner mining through the Braiins Solo pool successfully mined block number 951771, earning approximately 3.1404 BTC as a reward, which is worth about $232k at current prices.
The miner operates about 147 TH/s of computing power, with one Avalon Nano 3S priced at around $300 and providing 6.68 TH/s of hash rate recorded as the mining machine that ultimately found the block.
Based on an estimated total network hash rate of about 1 ZH/s, the probability of this device mining a block in a single attempt is approximately 1 in 149 million, and it would theoretically take about 2,831 years on average to mine one block. (Bitcoincom)

Wu Shuo learned that the Unitas Labs yield-bearing stablecoin protocol announced that its yield-bearing gold asset xGLD will go live on June 3, backed by Tether Gold (XAUt), and will generate yield through Unitas strategies. Previously, in March, Unitas Labs announced the completion of a $13.33 million seed round, with participation from Awaken Finance, Amber Group, and others.

CryptoWorld News: Iranian Foreign Ministry Spokesperson Baghaei: Lebanon's ceasefire is an important part of any agreement to end the war with the United States.

CryptoWorld News reports, citing Reuters, that the U.S. military carried out new strikes against an Iranian military base that poses a threat to U.S. forces and commercial navigation in the Strait of Hormuz. In addition, the U.S. military intercepted and shot down multiple Iranian drones that posed threats to U.S. forces and commercial maritime traffic.

Microsoft releases Fara-7B, a multimodal intelligent agent with 7 billion parameters, designed specifically for computer usage scenarios. It can process screenshots and text simultaneously, directly predicting parameterized thought chains and operational actions, built on Qwen 2.5-VL, with a 128k context window, trained on 64 H100 chips for 2.5 days, released under MIT license. It perceives browser input through screenshots, combining reasoning and historical state prediction to determine the next action and parameters such as coordinates, relying on large-scale fully synthetic data. It has the ability to plan and execute advanced tasks, and employs robust post-training safety alignment, capable of refusing inappropriate tasks and pausing at critical points. It can be deployed and interacted with via GitHub, vllm, and fara-cli, for automating web tasks.

Google discloses TPU 8t architecture, implementing rack interconnection through the Virgo network, using high-radix switches and a flat two-layer non-blocking topology, achieving a 4x bandwidth increase, connecting 134k chips with a single structure, 47 Pb/s non-blocking bandwidth, and near-linear scaling to 1.7K ExaFlops. TPU 8t adopts a 3D torus topology, with a single super pod of 9,600 chips, expandable via JAX/Pathways to over one million chips. Core technologies include SparseCore, VPU/MXU overlap and balancing, native FP4, and integrated Arm Axion CPUs, targeting evolution from dense large language models to large-scale mixture-of-experts and inference architectures.

In the unsupervised learning podcast, Yang Likun presents a non-mainstream view on the limitations of large language models, explores the path of robotics technology, explains the reasons for leaving Meta, and diverges from Hinton and Bengio on the Turing Award perspective. He also predicts 2027, introduces the new company AMI's bet on world models, compares OpenAI and Anthropic to Sun Microsystems; and suggests that PhD students stop researching LLMs, sharing insights on AI safety, breakthrough research mechanisms, and the gains and losses of Meta FAIR.