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Today · 2026-07-29 · Wed

Irihua: U.S. AGPU or one of the most certain Alpha opportunities for the computing track

In a message from the X platform, the founder of Liquid Capital, Irihua, stated that the most certain Alpha opportunities in the calculus track often resulted from extreme valuation differences. It noted that AGPU had recently been awarded over $1.6 billion in contracts, that forward annual recurrent income (ARR) amounted to $384 million, but that the current market value was less than $100 million and that P/ARR was only about 0.2 times. By contrast, CoreWeave (CRWV), which has a market value of about $50 billion, heavy asset input and is still in deficit, has been more competitive with the “light asset access + exclusive Build” hybrid model. According to Irihua, the size of the AGPU contract grew from zero to $1.6 billion in months. The follow-up will focus on the progress of new company orders (which management expects will reach $10 billion this year), financial performance and financing modalities。

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Hyperliquid test network to add a new Stars feature to the deployment to create white-listed DEX transactions

Rajiv Patel-O'Connor sent a message on platform X that the Hyperliquid test observed new functions stars. This feature allows a deploying person to create a DEX authorized by a white list with an HIP-3 address, which is currently tested at a maximum of 10,000 addresses, and an address that is not on the white list can only be submitted to a reduce-only order or a funded account。

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Treasure: Treasure Tiger's Inner Power Trading Locked up 310 accounts

According to new financial reports, the case of insider trading around United States options for the Freeway Holdings (NASDAQ:FUTU) and Tiger Securities (NASDAQ:TIGR) continues, with an increasing number of suspected illegal profit-making accounts emerging. Financial Monopolies was informed that TradeUP, the United States voucher entity under the umbrella of Eros and Tiger securities, had provided the plaintiff with more than 280 account information and that the plaintiff had served more than 280 account holders. Futu Clearing, the United States liquidating entity under the banner of Fortune, provided the plaintiff with identification information for approximately 30 account holders. The plaintiff party was still discussing access to other account information with Fouway counsel, some of which was stored outside the United States. This means that at least 310 accounts are currently identified for suspected insider trading. However, not all of the above-mentioned account holders have been formally classified as accused and participation in the related transactions is not equivalent to being found to have engaged in insider trading. Despite the large number of accounts involved, profits are highly concentrated. The plaintiff ' s preliminary analysis showed that only eight of the traders had earned more than $80 million in profits from the related transaction, accounting for nearly 60 per cent of the plaintiff ' s estimate of an overall illicit gain of $137 million. It was previously reported that the first two defendants had appeared, one natural person and one investment agency. The natural person, who had previously worked for the head of the country, had a father known for A, while a same-named agency denied that it was related to the case

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Mr. Connor Fitzgerald, Head of the Stripe Partnership, was separated

On 27 July, Connor Fitzgerald, Head of the Stripe Partnership, announced that he had left this week. During his tenure, Connor Fitzgerald had facilitated a partnership between Stripe and Visa, among others, to support the wallet / Financial Technology Corporation in issuing the Visa card, which was supported by a stable currency. Within one year, operations were expanded to 100 markets, achieving the first stable currency settlement in the United States。

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AMERICAN SCIENCE AND TECHNOLOGY CUT OFF 140,000 POSITIONS THIS YEAR

On 27 July, AI was affecting the number of posts, and according to the British Financial Times, USSTEC had cut nearly 140,000 jobs since the beginning of the year. Four of these companies, Amazon, Oracle, Meta and Microsoft, combined, cut some 50,000 jobs. The above-mentioned company announced a reduction of staff, while investing hundreds of billions of dollars in the construction of the AI data centre. Recently announced cuts were made by the work management software company Monday.com. In its submission to the United States Securities and Exchange Commission last week, it indicated that about 20 per cent of its workforce (over 600 people) would be cut as a “restructuring plan” for the company, in support of the “continuing transformation of product, market promotion and market entry strategies”, leading to a more streamlined and focused business model and investment in “AI-driven growth strategies”. Other major science and technology companies that recently announced reductions include Microsoft, which announced a reduction of approximately 4,800 positions early this month, mostly from the Xbox sector; Oracle, which announced a reduction of 21,000 employees over the past year; and Gitlab, which reduced some 350 staff last month. The reasons for these layoffs are all AI-related. However, other technology companies are still actively recruiting. Anthropic and OpenAI, for example, are absorbing downsized talent. Some of the downsized companies are also reassigning staff rather than simply eliminating jobs, such as Meta's earlier reduction of 8,000 and the redeployment of some 7,000 staff to AI-related posts; when IBM layoffs are made, it is announced that the base positions in AI and mixed cloud areas will triple。

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Kimi K3 is expected to open at 11:00 tonight

On 27 July, the dark side of the month set up the KimiK3 model page at the Hugging Face official account and opened the countdown of the weights. The page shows that the model is expected to be on line at 2300 hours Beijing time on 27 July, and 1356 people have now subscribed to the release alarm. KimiK3 is the latest flagship model of the dark side of the month, with a total parameter of 2.8 trillion, which is mainly oriented towards long programming and Agent missions. Once the weights are open, the developers will be able to download, deploy and test themselves。

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STORAGE MODULARS BUSINESS VISION TECHNOLOGY: DRAM, ENTERPRISE-LEVEL SD SUPPLY AND DEMAND IMBALANCE UNTIL AT LEAST THE FIRST HALF OF NEXT YEAR

ON 27 JULY, ZHANG JIA ZHANG, EXECUTIVE DIRECTOR, TECHNOLOGY AND TECHNOLOGY, TAIWAN’S STORAGE MODELS COMPANY, RECENTLY STATED THAT, WITH THE ALMOST FULL DEPLOYMENT OF NEW CAPACITY AT THE WORLD’S THREE MAJOR DRAM PLANTS, SUPPLY FROM THE GENERAL MARKET CONTINUED TO DECLINE AND SUPPLY AND DEMAND IMBALANCES REMAINED DIFFICULT TO ALLEVIATE IN THE SHORT TERM. HE STATED THAT THE NEW CAPACITY AT THE THREE MAJOR DRAM PLANTS AROUND THE WORLD WAS ALMOST FULLY INVESTED IN PRODUCTS SUCH AS HBM, SERVER DDR5 AND LPDDR5X, AND THAT THE PARTICULATES ALLOCATED TO THE GENERAL DDR5, DDR4 AND INDUSTRY-CONTROLLED MARKETS CONTINUED TO DECLINE, AND THAT THE BIGGEST CHALLENGE FACING THE MOOT PLANTS WAS NOT PRICE, BUT SUPPLY. HE INDICATED THAT, ACCORDING TO THE ORIGINAL PLANT SUPPLY PLAN, THE FUTURE SUPPLY OF DRAM THAT COULD BE ALLOCATED TO THE MODULAR PLANT WOULD CONTINUE TO DECLINE, NOT ONLY AT A CONTINUING HIGH PRICE, BUT ALSO AT VARIOUS MODEL PLANTS, WHICH WERE ACTIVELY BUILDING UP STOCKS TO AVOID THE RISK OF UNSOLD IN THE FUTURE. HE SAID THAT EVEN IF THE PROCUREMENT COSTS WERE HIGH, THE GOODS HAD TO BE PREPARED IN ADVANCE BECAUSE THEY WERE EXPENSIVE AND BUSINESS COULD NOT BE DONE WITHOUT THEM. ZHANG JIA? ACCORDING TO ZHANG JIA, IT IS NOW MORE CERTAIN THAT THE TREND OF TIGHT SUPPLY UNTIL THE FIRST HALF OF 2027 IS STILL FAIRLY CLEAR, AND THAT, AFTER THE SECOND HALF OF 2027, IT WILL STILL BE NECESSARY TO OBSERVE THE EXPANSION OF FORMER PLANTS AND CHANGES IN AI DEMAND。

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Binance will release NOK through bStocks min Red

On 27 July, it was officially announced that Binance would issue the Nokia (NOK) bonus through bStocks for users holding NOKB balances, and that after deduction of applicable withholding taxes, fees, costs and other costs, net cash dividends would be reinvested as an additional unit or fractional share of the same securities. Eligible users will receive dividends in the form of NOKB bSstocks. Users holding NOKB balances on the chain will receive bStocks dividends by a multiplication adjustment。

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SELLING THE ZEN MAN SHARES OR BRINGING 40 TRILLION WON TO KK HERCULES

On 27 July, Korean Meritz securities projected that, as a result of the sale of the Zhang shares in June, together with other investment-related earnings, SK Hercules would add about 41.6 trillion won (about 190 billion yuan yuan) in the second quarter of 2026, with a pre-tax profit of 10 trillion won (about 46 billion yuan yuan yuan). In 2018, when Ben Capital took the lead in acquiring Toshiba storage (the late Zen Man), SK Hercules bought Zhang shares and reversible debt through two SPCs (special purpose companies, often used to isolate debt and legal risk). With Ben's sale of the last of his shares this year, Hercules cleared all of the company's shares, earning close to 40 trillion won, and retaining only a transferable debt of up to 13.609 trillion won (as of March 26). In the future, if the transfer is completed, it is expected to correspond to approximately 14 per cent of the share of the Qin. It is worth noting that SK Group Chairman Choi Tae-jin is pursuing divorce proceedings and that SK Hercules is the group's largest “cash cow” and therefore has a high probability of increasing the score。

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Meta confirmed to push the Harness tool and the open source model is on its way

Alexander Wang, Chief Executive Officer of Meta, stated at YC Startup School 2026 that the company would launch its own Harness tool and continue to publish open source models. Harness is the Agent operating framework wrapped outside the model, like Claude Code. It is responsible for accessing tools, reading and writing documents and managing the context, so that the model can continue to perform complex tasks. Meta planned a new open source component in April this year。

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