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The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins (Wall Street Journal)

Wall Street Journal : The CFTC moves to vacate a $5M settlement with Gemini, reversing a Biden-era enforcement action, following a lobbying campaign by the Winklevoss twins   —  A $5 million settlement at the end of the Biden administration was at the center of a lobbying campaign by the billionaire brothers from Techmeme https://ift.tt/gBKZlj8 via IFTTT
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Anthropic says it expects Mythos-class models to be available to all customers "in the coming weeks" following the development of stronger safeguards (Madison Mills/Axios)

Madison Mills / Axios : Anthropic says it expects Mythos-class models to be available to all customers “in the coming weeks” following the development of stronger safeguards   —  Anthropic released Claude Opus 4.8 Thursday, an upgrade to its flagship AI model with better coding and knowledge work skills, all for the same price as its prior version. from Techmeme https://ift.tt/euxPLnA via IFTTT
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How a new extraction process could unlock the world’s lithium

Researchers say they’ve found a new way to extract lithium, a crucial metal used in the lithium-ion batteries that power electric vehicles and energy storage arrays. This new technique could be more environmentally friendly and cheaper than existing ones.  The research was published today in Science, and a startup called Rock Zero is working to commercialize the process. “At scale, we believe this will be the lowest-cost way of sourcing lithium in the world,” says Yet-Ming Chiang, one of the study authors, who is an MIT professor and a serial entrepreneur behind climate tech companies including Form Energy and Addis Energy . The most economical way to get lithium currently is to extract it from brine, salty water that’s pulled the metal out of rock over the course of millennia. But this technique is geographically limited and currently requires vast tracts of land for massive evaporation pools. The more common tactic is hard-rock mining, where large bodies of ore ar...
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Amazon MGM Studios announces the GenAI Creators' Fund, greenlights three AI animated series for Prime Video, and launches an AI production platform with AWS (Todd Spangler/Variety)

Todd Spangler / Variety : Amazon MGM Studios announces the GenAI Creators' Fund, greenlights three AI animated series for Prime Video, and launches an AI production platform with AWS   —  Amazon MGM Studios is touting the power of AI to help create “cinematic” entertainment in a big new initiative … from Techmeme https://ift.tt/bk5ERtQ via IFTTT
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Meta rolls out Plus plans for Instagram, Facebook, and WhatsApp globally, will test $7.99/mo. and $19.99/mo. Meta AI plans, a $49.99/mo. creator plan, and more (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch : Meta rolls out Plus plans for Instagram, Facebook, and WhatsApp globally, will test $7.99/mo. and $19.99/mo. Meta AI plans, a $49.99/mo. creator plan, and more   —  Meta is doubling down on its subscription offerings.  On Wednesday, the social networking giant announced it's now rolling … from Techmeme https://ift.tt/c0ZR5eO via IFTTT
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Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race (Samantha Subin/CNBC)

Samantha Subin / CNBC : Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race   —  Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 19%, driven by insatiable artificial intelligence demand for its memory chips. from Techmeme https://ift.tt/RieovMw via IFTTT
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London-based Perceptic, which says its end-to-end AI platform for drug development is being used by top pharmaceuticals, raised a $12M seed led by Accel (Jeremy Kahn/Fortune)

Jeremy Kahn / Fortune : London-based Perceptic, which says its end-to-end AI platform for drug development is being used by top pharmaceuticals, raised a $12M seed led by Accel   —  A trio of former Palantir executives who helped spearhead that company's Life Sciences practice have founded a startup called Perceptic … from Techmeme https://ift.tt/eY7WxCT via IFTTT
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