AI News

AI News Flash: Bittensor ecosystem’s native token TAO market cap has approached $2.4 billion. As the Bittensor subnet economy continues to expand, institutional investor interest is also rising. In April this year, Grayscale raised its decentralized AI fund’s TAO allocation to 43% during quarterly rebalancing, but it has since fallen back to around 20%, with the fund’s largest holding shifting to Near Protocol’s NEAR at approximately 44%

AI News Flash: OpenAI continues to double down on India market, announcing appointment of former Uber India & South Asia President Prabhjeet Singh as India’s first Managing Director. Singh will officially assume the role this September, reporting directly to OpenAI APAC Managing Director Kiran Mani, responsible for overall business covering consumer growth, enterprise adoption, partner relationships, regulatory communication, and overall operations.

AI News Flash: Wall Street’s valuation logic for certain crypto companies is undergoing a structural shift. Previously, investors evaluated crypto firms based on Bitcoin holdings, trading volume, mining revenue, and assets under management—essentially their exposure to digital assets themselves. However, in June 2026, Galaxy Digital’s stock surged, driven not by crypto price increases or ETF inflows, but by investors revaluing its Helios data center campus in Texas.

AI news flash: Patronus AI is a San Francisco startup founded in 2023 by former Meta AI researchers Anand Kannappan and Rebecca Qian, specializing in creating simulated digital environments for AI model providers and developers to assess AI agent reliability in complex real-world scenarios. Its core technology called Digital World Model can replicate websites and enterprise internal systems, allowing AI agents to undergo stress testing in these simulated environments. The training approach uses reinforcement learning, rewarding successful task completion and penalizing errors to iteratively improve agent performance.

AI News: GitHub Copilot recently released its Agentic Harness evaluation results across models and tasks. The framework’s core advantage is balancing performance and flexibility - achieving excellent results on industry benchmarks while demonstrating outstanding token efficiency, completing the same programming tasks with fewer tokens. Additionally it supports over 20 language models for developers to choose from, enabling flexible switching between OpenAI, Anthropic and other mainstream models.

Story Protocol announces brand transformation, rebranding as DATA Foundation, pivoting core strategy from blockchain IP licensing layer to AI data supply infrastructure. Story co-founder Andrea Muttoni points out fundamental conflicts between original permissionless licensing model and mainstream media, gaming, and brand companies’ high demand for IP control, forcing the project to reposition.

AI News Flash: Democratic House lawmakers sent a letter this week to SEC Chairman Paul Atkins questioning regulatory gaps for AI agent investment advisors. Led by Rep. Bill Foster and Rep. Brad Sherman with six co-signers, the letter points out platforms are deploying AI agents for retail investors making ‘substantial investment decisions’ largely outside securities regulations.

AI News: Meta announces redesigning its Creator Studio tools into a standalone AI companion app, currently testing with select creators. The app integrates Facebook’s recently launched AI creator assistant, providing personalized suggestions based on the creator’s content style, post performance, audience engagement, and set goals. Previously, creators had to manually browse data charts to understand their performance…

AI news brief: Stockholm startup Fika Jobs is building a video-first recruitment platform that combines AI interview agents with short video profiles, positioning between LinkedIn and TikTok. Job seekers can showcase themselves through short videos instead of relying on text resumes, while AI agents handle initial interview screening to help companies filter through large volumes of applicants. This model aims to solve two pain points simultaneously…

AI News: Oracle revealed Monday it cut 21,000 jobs in the past 12 months, a 13% reduction, and explicitly stated in annual financial filings that AI technology deployment has caused and may continue to cause workforce reductions. This figure provides the first clear picture of the layoff scale. This phenomenon is not unique to Oracle. In May 2026, tech industry monthly layoffs hit a record high in recent years, with AI being the most commonly cited reason for cuts by companies according to Challenger, Gray & Christmas.