Here is the daily technology #threadcast for 5/13/25. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Here is the daily technology #threadcast for 5/13/25. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
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He reiterated that OpenAI needs to complete the restructure by the end of this year.
There could still be stumbling blocks along the way. Microsoft, one of OpenAI's biggest investors, has not approved the restructure, according to a Bloomberg report earlier this month. The Financial Times on Sunday reported that OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership. Microsoft is the key holdout to OpenAI's restructure plan, the FT added.
SoftBank's Goto did not mention any other companies, but acknowledged that OpenAI has many stakeholders.
"Our conversation is based on the assumption that the reorganization will take place. There are different staekholders however and some people may intervene in this project and this may not go as smooth as we hope," Goto said.
Government officials said in a press release that the partnership will help achieve the "Dubai Cashless Strategy," which seeks to solidify Dubai's status as a leading digital city. The strategy aims to reach 90% cashless transactions across Dubai's public and private sectors by 2026.
Crypto.com's Al Hakim called the initiative a "truly global first programme."
Crypto.com first received a license for its Dubai entity to offer regulated virtual asset service activities in 2023. Last month, the company said Dubai's virtual asset regulatory body had also issued a limited license to offer derivatives.
Dubai has been betting on the crypto industry for years as part of its ambition to become a global tech hub.
!summarize #tesla #ai #elonmusk #power
Science meets nature
To design the innovative material, Hu and his team selectively removed specific components of the wood’s cellular structure and compressed it under precise conditions. The approach resulted in a biogenic composite that maintains all the desirable features of wood, including warmth, texture, workability, and natural aesthetic, while enhancing its performance far beyond traditional limits.
“Superwood demonstrates what’s possible when we combine nature’s most highly evolved structure with revolutionary science,” Alex Lau, InventWood CEO said, adding that the funding will enable the company to scale the material’s production.
InventWood highlighted that this will not only support local economies but also reduce emissions and logistics risks associated with overseas manufacturing. To ensure a smooth rollout across North America, the firm recently signed a strategic partnership agreement with Intectural, a major supplier of high-performance architectural materials.
They emphasized that their product comes at a time when the U.S. is actively seeking sustainable, locally produced alternatives to imported materials like steel and aluminum. They believe it can offer the construction industry a high-performance, eco-friendly material that doesn’t compromise on beauty, strength, or design flexibility, all while meeting the demands of climate resilience and affordability in modern architecture.
!summarize #diddy #trial #sex #crime
!summarize postlabor #economics #technology
Cryptoquant CEO Predicts Rise of ‘Dark Stablecoins’ in Face of Upcoming Regulation
The increasing relevance of stablecoins and the current race to establish regulations to dictate the rules of their use might give rise to a new market. Cryptoquant CEO Ki Young Ju predicted the rise of what he called “dark stablecoins,” a new kind of dollar-anchored money perceived to be censorship-resistant.
Young Ju stated that as today’s stablecoins become regulated, they will lose the allure that has led many to use them as a substitute for the U.S. dollar. He explains that companies like Circle and Tether have been able to hold their custody assets in banks and with institutions, with the government not interfering unless for crime-related purposes.
Nonetheless, with the possible implementation of onchain direct scrutiny methods, including tax collection through smart contracts, and freezing of funds based on government rules, this is poised to change, giving rise to dark stablecoins that could satisfy different use cases.
Young Ju explains that dark stablecoins can be programmed in two different ways: using algorithms to maintain the U.S. dollar peg, although most of these stablecoins (including TerraUSD) have failed before; and using stablecoins issued by countries that don’t censor financial transactions.
Some snacks for the Tech guys. 😂
Akara - Beans Buns.
#thread2earn #technology #foodtalk
Maybe some want to snack on you.
They might be disappointed if they choose so cos the akara is yummy. 😂
Arent you yummy?
I'm human.
OpenAI's shakeup plan gets SoftBank's nod — all eyes now on Microsoft
The SoftBank CFO said OpenAI's planned restructuring with the nonprofit keeping control is something that was expected.
OpenAI said last week that it would restructure in a format that allows its non-profit entity to retain ultimate control, a plan that on Tuesday received the blessing of one of the U.S. artificial intelligence startup's biggest backers — Japanese giant SoftBank.
The endorsement of SoftBank — the first time the company has publicly green lit the plan — is key because the Japanese firm's $30 billion investment in OpenAI announced this year was contingent on a change in structure.
In March, OpenAI closed a $40 billion funding round, receiving $30 billion from SoftBank. But if OpenAI doesn't restructure into a for-profit entity by Dec. 31, SoftBank has previously said it could reduce its portion of the financing to $20 billion.
OpenAI announced this month that it would not fully turn into a for-profit entity after pressure from civic leaders and former employees. Instead, the non-profit arm would retain control of the company, while the limited liability company, which handles all of the business operations, would turn into a public benefit corporation. That means this division will have the ability to generate profit, but will also focus on social good.
Dubai government to accept crypto payments through Crypto.com partnership
The partnership will help achieve the "Dubai Cashless Strategy," which seeks to solidify Dubai's status as a leading digital city.
Dubai's Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with large-cap cryptocurrencies.
The memorandum of understanding between Dubai government officials and Mohammed Al Hakim, president of Crypto.com UAE, was signed Monday on the sidelines of the Dubai FinTech Summit.
Once technical arrangements for the initiative are finalized, individuals and "businesses customers of government entities" will be able to pay service fees through digital wallets on Crypto.com, Dubai Finance said.
!summarize #coding #software #jeffdean #google #engineers
‘Superwood’: US firm creates timber 10 times tougher than steel, resists water, fire
The material keeps wood’s natural warmth, texture, and charm, but is engineered to resist fire, rot, pests, humidity, and extreme weather.
A Abiotech startup from the U.S. is aiming to reshape the construction industry with the launch of a groundbreaking new material that mimics the look and feel of natural wood while outperforming high-grade steel in strength and durability.
Maryland-based firm InventWood, revealed that their engineering wood product called Superwood is a result of molecular-level transformation that turns natural wood into a material up to a dozen times stronger and 10 times tougher than its original form.
According to the company, which recently closed a USD 15 million Series A funding round to begin commercial shipments from its production facility in Frederick between July and September 2025, the material boasts a strength-to-weight ratio nearly 10 times greater the steel.
The fire-resistant, water-repellent, rot-proof and pest-resistant tech reportedly emerged from research led by Liangbing Hu, PhD, a materials scientist and distinguished professor at the University of Maryland, whose former work focused on carbon nanotube innovation.