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The tech giant's planned payout has drawn attention as a possible signal of confidence in artificial intelligence demand Samsung Electronics is preparing shareholder returns totaling more than $72 billion, according to reports from CryptoBriefing and Cryptopolitan. The figure represents one of the largest capital return commitments disclosed by a major technology manufacturer in recent memory.

The former bitcoin miner touts early progress on AI capacity, yet analysts remain split on how it will fund the buildout. Core Scientific has reported 440 megawatts of AI computing capacity, ahead of its own internal timeline. The company disclosed the figure alongside details of a contract backlog now valued at roughly $24 billion.

The crypto exchange has curbed employee use of Anthropic's Claude model in Hong Kong while its overall AI budget climbs toward eight figures a month. OKX has restricted employee access to Claude, the AI model built by Anthropic, for staff working out of its Hong Kong offices.

The crypto exchange joins Goldman Sachs in restricting the AI tool following an unexplained account suspension in the city. OKX has instructed employees in Hong Kong to stop using Anthropic's Claude AI, according to reporting from CryptoBriefing and Coin Edition.

Bloomberg report, relayed by CryptoBriefing, says Elon Musk's rocket company has approached the maker of the Devin AI agent about a potential deal. SpaceX has reportedly approached Cognition AI about a potential acquisition, according to a Bloomberg report relayed by CryptoBriefing.

Developers can now pull GitHub repositories into AI Studio and push changes back with a single click. Google has rolled out a new integration inside AI Studio that connects the platform directly to GitHub. According to reports from CryptoBriefing and The Cryptonomist EN, developers can now import an existing GitHub repository into AI Studio…

The former BitMEX chief argues borrowing behind AI infrastructure, not AI technology itself, poses the real financial risk. Arthur Hayes has weighed in on one of the most contested debates in markets right now: whether artificial intelligence spending has become a bubble.

Nebius sank as much as 14% and CoreWeave fell 4% before both pared losses during a sharp Nasdaq swing. Shares of TeraWulf, CoreWeave and Nebius fell sharply on August 19, according to Invezz and Yahoo Finance. The declines came as the Nasdaq index swung widely during the session.

The Coinbase-incubated layer-2 network is funding early-stage projects that blend artificial intelligence with onchain finance. Base, the Ethereum layer-2 network built by Coinbase, has introduced a new accelerator program aimed at startups working on artificial intelligence and finance. The initiative offers $100,000 in funding to selected participants, according to reporting from Decrypt and CryptoBriefing.

Huang says no company deploys artificial intelligence more effectively than Meta, endorsing its record capital outlay. Nvidia chief executive Jensen Huang has offered a strong endorsement of Meta's artificial intelligence strategy. Huang said no company applies AI as effectively as Meta does, according to reports from CryptoBriefing and The Cryptonomist.

The firm's research arm sees promise in AI-crypto integration while cautioning against overstating near-term benefits. Fidelity Digital Assets has published new commentary on the relationship between artificial intelligence and cryptocurrency. The firm's research suggests AI tools could significantly boost the crypto industry's capabilities.

Republican voices caution that local opposition to AI data centers has grown strong enough to split the party. Republican political figures are cautioning artificial intelligence companies that data centers have turned into a politically dangerous issue.

New figures suggest Anthropic's Q2 revenue roughly doubled, edging past OpenAI as growth in the sector diverges. Anthropic's revenue for the second quarter has reportedly doubled compared to the previous period. Two separate reports place the figure at either $12 billion or $11.6 billion.

The Financial Times reports Beijing has softened restrictions on advanced Nvidia hardware for two of its largest tech firms. China has reportedly eased restrictions on Nvidia's H200 chips for ByteDance and Tencent, according to a report from the Financial Times cited by CryptoBriefing.

The former BitMEX chief is putting his name behind a new venture focused on the AI agent economy. Arthur Hayes, the former BitMEX chief executive turned crypto commentator and investor, has emerged as the public face of a new venture called Flop Labs.

State officials move to regulate the rapid expansion of AI computing facilities as community opposition mounts. Pennsylvania's government has imposed new rules targeting AI data centers, according to CryptoBriefing. Decrypt reported the same development, framing it as a response to growing backlash against the facilities within the state.

Books traced to an Amazon AI training facility are said to be scanned and then destroyed, according to two outlets. Amazon has reportedly acquired rare books for use in training its artificial intelligence systems, according to reports from CryptoBriefing and Decrypt.

The new version is designed to promote safer usage and support learning among younger users. OpenAI has introduced a dedicated version of ChatGPT built specifically for teenagers. The company says the goal is to promote safe usage while supporting learning, according to reports.