
OpenAI and Broadcom Unveil Jalapeño, a Custom AI Chip 50% Cheaper Than GPUs
OpenAI and Broadcom unveiled Jalapeño, an inference accelerator costing half as much to run as typical AI GPUs, developed in a record nine months using OpenAI's own models.

OpenAI and Broadcom unveiled Jalapeño, an inference accelerator costing half as much to run as typical AI GPUs, developed in a record nine months using OpenAI's own models.

The DOJ seized Huione Group's cloud infrastructure — a $31 billion criminal marketplace 25 times larger than Silk Road and AlphaBay combined, built on Telegram and serving fraudsters worldwide.

Senate Democrats demanded public hearings after UAE-linked investors bought a 49% stake in Trump's World Liberty Financial for $500M — signed four days before his inauguration.

After Kentucky sued Kalshi and Polymarket, the CFTC filed its own suit against the state. Ninth in the federal prediction market war — and first with a Republican attorney general.

The Ethereum Foundation laid off 54 employees — 20% of its staff — and restructured into five clusters. Vitalik Buterin proposed cutting annual spending from 15% to 5% of reserves.

Cardano launched the Leios "Musashi Dojo" testnet on June 23 — the first live trial of a scaling protocol years in the making. The network targets 44x higher throughput, with a mainnet fork planned for November 2026.

BitMine and SharpLink — the largest public ether holders — together with Ethereum co-founder Joe Lubin have funded Ethlabs, a new non-profit research lab meant to prepare the network for institutional scale.

Japan's National Business Corporate Pension Fund, covering 1,200 companies and managing $136M, will put 1% into crypto via a hedge fund basket — its first-ever digital asset exposure after six years of analysis.

Morgan Stanley filed spot ETH and SOL ETFs at a 0.14% fee, undercutting Grayscale and Franklin Templeton. The crypto ETF fee war has reached altcoin funds.

The most notorious sandwich bot on Ethereum lost $7.5M after an attacker spent weeks planting 66 fake token contracts that tricked it into signing its funds away.

OpenRouter launched Fusion — a compound AI that fires prompts at Gemini, DeepSeek, and Kimi in parallel. On benchmarks, it nearly matches the banned Fable 5 at half the price.

CZ proposed freezing Satoshi's 1M BTC if coins stay unmoved after Bitcoin's quantum-resistant upgrade. The crypto community is split: market protection versus property rights.

John Jumper, Nobel laureate and AlphaFold creator, is leaving DeepMind for Anthropic. Days earlier, Transformer co-author and Gemini co-lead Noam Shazeer left Google for OpenAI.

Bloomberg reports Amazon is in early talks to sell Trainium3 chips directly to data centers — pivoting from cloud-only to hardware vendor and taking the fight to Nvidia.

The CFTC just resolved its first case against a crypto lending platform: Alex Mashinsky, who is already serving 12 years in prison for fraud, is now permanently banned from US commodity markets.

HIVE Digital's GPU unit BUZZ HPC signed a $220M, three-year cloud contract with Bell Canada and Cohere, placing 2,304 NVIDIA Blackwell chips behind Canada's sovereign AI push.

Baseten closed a $1.5B funding round at up to a $13B valuation — just five months after its $300M Series E. Annualized revenue tripled in a single quarter as AI inference demand soars.

At the G7 summit in Évian, world leaders placed North Korean crypto theft on the global security agenda. DPRK hackers have stolen $6.75 billion since 2020, funding Pyongyang's nuclear and missile programs.

Franklin Templeton filed for two ETFs where dividends from U.S. large-cap stocks are automatically reinvested into Bitcoin instead of being paid out. Launch is planned for September 1, 2026.

Microsoft has detailed CryptoBandits, a Windows trojan spreading via USB drives since February 2026. It swaps wallet addresses in the clipboard and exfiltrates seed phrases over the Tor network.