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Today · 2026-08-02 · Sun

Encrypted Bank Augustus completed $180 million in financing

On 21 July, Augustus was a start-up company that was building the Federal Chartered Liquidation Bank. The company indicated that $180 million had been financed to expand its dollar-paying infrastructure, while the stabilization currency was reshaping the global financial system. The current financing valuation for Augustus amounted to $1 billion. The current round of financing was sponsored by Tiger Global Management, with the participation of investors like Hummingbird Ventures, QED Investments and the founders of Nubank, Ramp, Circle and Deel。

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Trump's chief artificial intelligence security officer left office and participated in the Anthropic export control negotiations

ON 21 JULY, A SPOKESMAN FOR THE UNITED STATES DEPARTMENT OF COMMERCE CONFIRMED THAT CHRIS FORE, THE CHIEF ARTIFICIAL INTELLIGENCE SECURITY OFFICER OF THE TRUMP GOVERNMENT, HAD LEFT HIS POST ONLY FOR THREE MONTHS. FORT WAS DIRECTOR OF THE CENTRE FOR ARTIFICIAL INTELLIGENCE STANDARDS AND INNOVATION (CAISI) AND LED THE UNITED STATES GOVERNMENT ' S VOLUNTARY REVIEW MECHANISM FOR MAINSTREAM ARTIFICIAL INTELLIGENCE MODELS. THE CENTRE FOR ARTIFICIAL INTELLIGENCE STANDARDS AND INNOVATION, WHICH IS PART OF THE DEPARTMENT OF COMMERCE, IS THE CORE BODY OF THE INDUSTRY AND IS RESPONSIBLE FOR PROMOTING COMMERCIAL ARTIFICIAL INTELLIGENCE TESTING AND RELATED RESEARCH. AT THE TIME OF HIS DEPARTURE, THE WHITE HOUSE WAS PLAYING GAMES WITH MEMBERS OF THE UNITED STATES ABOUT HOW TO REGULATE THIS EMERGING TECHNOLOGY. “DR. ALVIND RAMAN, PRESIDENT OF THE NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST) OF THE UNITED STATES, WILL TAKE OVER THE SUPERVISION OF THE CENTRE FOR ARTIFICIAL INTELLIGENCE STANDARDS AND INNOVATION AS ACTING DIRECTOR OF THE CENTRE AFTER CHRIS LEFT OFFICE.” AT THE SAME TIME, RAMAN WILL LEAD THE SELECTION OF THE NEW PERMANENT DIRECTOR OF THE CENTRE, WHO IS EXPECTED TO BE ANNOUNCED IN THE COMING WEEKS. AN UNNAMED REPRESENTATIVE OF THE MINISTRY OF COMMERCE STATED THAT THE MINISTER OF COMMERCE, HOWARD LUTNIK, WANTED TO FIND A CANDIDATE WHO HAD THE ABILITY TO LEARN AND SPECIALIZE IN SOLID ARTIFICIAL INTELLIGENCE. KIM XIAN

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