PsiQuantum has signed definitive documentation with the U.S. Department of Commerce for a $100 million award to strengthen American leadership in quantum computing and semiconductor supply-chain security.
With federal funding made possible through the CHIPS and Science Act, combined with co-investment by the company in the project, PsiQuantum will accelerate the R&D, domestic manufacturability, and performance of its state-of-the-art critical components, including high-performance optical switches, high-temperature single-photon detectors, and advanced packaging approaches.
“PsiQuantum is proud to anchor our supply chains here in the U.S. Thanks to the leadership of the U.S. government, our company will be able to manufacture even more of our state-of-the-art components in America,” — said Victor Peng, Chief Executive Officer of PsiQuantum.
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President Donald Trump said he would direct the General Services Administration and USTR to remove Canadian-origin products from federal government contracts, hitting back at Ottawa over retaliatory tariffs and escalating the trade war between the two neighbors.
The moves will take place “unless Canada restores full and fair reciprocity for American Farmers and Companies,” Trump announced. Trump said the so-called Multiple Award Schedules are worth more than $50 billion each year.
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Stellar processed over 11.6M transactions yesterday, reaching its highest daily throughput in the past week. Global payments run every day, and Stellar is built to keep up.
No days off. No hours off. No minutes off. No seconds off.
#Stellar
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OpenAI said that one of its internal models has solved the Navier-Stokes existence and smoothness problem, a fundamental question about the rules that describe how liquids and gases move.
For nearly a century, mathematicians have tried to determine whether smooth solutions to the equations describing three-dimensional fluid motion always remain smooth or if they ever break down.
To put it less mathematically: On paper, can water blow up?
📝 OpenAI says its model found a scenario in which “an initially smooth fluid at rest can develop a singularity in a finite time.” In the proof, a spaghetti-like vortex gets smaller while spinning faster and faster, its speed growing without limit in what mathematicians call “finite-time blowup.”
OpenAI published its findings along with the 165-page proof and a formalization that verifies the argument step by step. The company says it took as many as 10,000 AI agents working together on the problem about 88 hours to find the solution.
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The Ethereum Foundation has given itself until December 2029 to make Ethereum resistant to quantum computers across the parts of the network that process transactions, secure validators and store data.
Planned protections include new account and validator signature systems, a public-key registry and a fallback designed to keep Ethereum operating with reduced guarantees if quantum computers advance sooner than expected.
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Meta Platforms Inc. unveiled a new AI agent designed to carry out tasks on a user’s behalf, advancing Mark Zuckerberg’s vision of a future where people each have a personalized AI assistant.
Called Muse, the new agent shares its name with the series of models Meta’s AI lab is developing and can help automate a variety of tasks. Meta said the tool will assist with online shopping, buying movie tickets, scheduling appointments like tennis lessons or even filling out a permission slip for a class field trip.
The app will be released to US-based users on Tuesday.
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🚘 Tesla Reveals Unboxed Cybercab Production
Tesla shared detailed footage of its 'unboxed' manufacturing process, where major vehicle modules like the front, rear, battery pack, and sides assemble in parallel before joining in one final step. This streamlines automation & reduces the line size by half, unlocking much greater production capacity.
The first real revolution in automotive manufacturing in over a century.🚀
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Tesla shared detailed footage of its 'unboxed' manufacturing process, where major vehicle modules like the front, rear, battery pack, and sides assemble in parallel before joining in one final step. This streamlines automation & reduces the line size by half, unlocking much greater production capacity.
"We redesigned Cybercab production for production over 5 times faster than conventional automotive manufacturing!" — Musk said.
The first real revolution in automotive manufacturing in over a century.
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Uzbekistan has launched a pilot to test payments with a som-pegged stablecoin backed by government securities.
The National Agency for Prospective Projects (NAPP) had registered Humo Digital as a participant in a special regime jointly overseen with the central bank. The pilot will test the issuance, circulation and redemption of HUMO, with each token pegged to one Uzbek som.
NAPP said more than 20 merchants are prepared to test HUMO payments for goods and services. The project will also integrate participating banks’ payment-processing and blockchain infrastructure. Asterium, a licensed crypto exchange, will serve as a project partner.
According to the Central Bank of Uzbekistan, the initial trial will run for 12 months, with the project’s total duration capped at three years.
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Alphabet Inc.’s Google is spending €13 billion ($15.1 billion) on AI infrastructure in Finland, its biggest European investment, as the Nordic country’s cold climate and carbon-free power make it a magnet for data center builders. Over the next 2 years, Google will build 3 new data centers and expand an existing facility in the southeastern city of Hamina.
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A consortium of 37 European banks across 15 countries is preparing to launch a euro stablecoin on Ethereum’s public blockchain, adding a bank-backed digital asset to an established onchain ecosystem.
Known as Qivalis, the initiative is being developed under the European Union’s MiCA framework. The stablecoin is planned to maintain a 1:1 value with the euro, but Qivalis has not yet launched and remains subject to regulatory approval in the Netherlands.
Qivalis has not yet provided details on which applications or institutions will support the stablecoin after launch. The project is targeting a launch in the second half of 2026.
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U.S. Bancorp's (USB) U.S. Bank is laying the groundwork to put its own stablecoin to work, completing a live cross-border payment and weighing broader uses across its payments and treasury business.
“This live pilot demonstrates our ability to accelerate global cash management and money movement capabilities," — said Gunjan Kedia, chairman and CEO at U.S. Bank.
U.S. Bank said it is exploring several uses for USBDC, including cross-border treasury operations, liquidity management and moving collateral. The bank did not say when the stablecoin could become available to clients or give a timeline for a broader commercial rollout.
#Stellar
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In July, I called on the Senate to advance the Clarity Act — a bill to establish a comprehensive regulatory framework for digital assets and upgrade our ability to prevent bad actors from exploiting these critical technologies.
When the Senate returns from August recess, I strongly urge everyone to remain at the negotiating table, agree to the motion to proceed, and continue the legislative process. Failing to do so would send a troubling signal to our allies and adversaries alike that America is unwilling to lead on the future of digital assets and willing to forgo enhanced national security tools to combat their misuse.
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Atlas has launched a wearable EEG device that sticks behind the ear with an adhesive pad and continuously monitors brain activity throughout the day.
The Atlas 1.0 combines electroencephalography, electrodermal activity tracking, movement sensing, and speech pattern analysis — feeding all signals to an AI system that assesses your level of focus, stress, and mental energy across different activities like meetings, family dinners, or workouts.
Over months of use, the companion app builds a personal map of when you perform best and under what conditions — helping you identify the people, habits, and environments that drive or drain your attention. Atlas says its algorithms are trained on a dataset of more than 500,000 real-life brain recordings.
Deliveries begin in Q1 2027.
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Zebec Network, Stellar and MoneyGram announced the integration of MoneyGram Ramps into Zebec’s enterprise payroll platform. MoneyGram is the first fiat off-ramp through Zebec’s Stellar network payroll experience, connecting employees and contractors to cash for everyday transactions through MoneyGram’s global payments network.
“The Stellar network provides the payments infrastructure, MoneyGram extends that infrastructure into local fiat access, and Zebec brings the employer and recipient experience together,” — said Simon Babakhani, CEO of Zebec Network.
#Stellar
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The American Federation of Teachers and Microsoft have reached an agreement establishing privacy and safety protections for the use of AI in schools. The AI privacy standard consists of 10 legally enforceable protections, including an agreement by the tech giant to not use student or teacher data to train or improve an AI model, with the exception of “narrow safety and security” circumstances.
The standard bars Microsoft from tracking students and prohibits its AI from making decisions in schools without human oversight. It also requires the company to be transparent with educators and parents on how its tools work.
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Teachers can build lesson plans with digital resources, while students can join online classes, use digital libraries, and learn through a variety of tools that were not accessible before.
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🕵🏼♀️ LG accused of tracking its smart TV users, scanning home networks, and recording conversations
An investigation by YouTube channel Gamers Nexus has found that LG's smart OLED TVs track users' viewing patterns across streaming platforms, cable, and local media. The televisions also reportedly scan users' home Wi-Fi network, collect information about connected devices without permission, and transmit the data to LG Ad Solutions to push targeted advertising.
The investigators found that LG was using Automatic Content Recognition (ACR) technology to track not only users' viewing habits but also any content played through the TVs' HDMI, USB, RJ45, optical, RCA, and coaxial ports. However, LG has strongly denied recent claims that its smart TVs constantly log and upload data, record audio while in standby, while confirming they scan local area networks for other devices, a feature common in smart TVs and media devices.
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An investigation by YouTube channel Gamers Nexus has found that LG's smart OLED TVs track users' viewing patterns across streaming platforms, cable, and local media. The televisions also reportedly scan users' home Wi-Fi network, collect information about connected devices without permission, and transmit the data to LG Ad Solutions to push targeted advertising.
The investigators found that LG was using Automatic Content Recognition (ACR) technology to track not only users' viewing habits but also any content played through the TVs' HDMI, USB, RJ45, optical, RCA, and coaxial ports. However, LG has strongly denied recent claims that its smart TVs constantly log and upload data, record audio while in standby, while confirming they scan local area networks for other devices, a feature common in smart TVs and media devices.
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President Donald Trump floated a dividend for American voters if his party wins the upcoming November midterm elections, promising a $5,000 payment to each US citizen adult if Republicans keep control of the House and Senate.
“It will be called the Trump dividend,” — the president said at the Republican midterm convention in Dallas. “Now all we have to do is win.”
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