Odaily News: Ode, an enterprise AI services company co-founded by Anthropic and Wall Street investment institutions, announced its first acquisition since inception, acquiring AI consulting firm Casper Studios to drive the adoption of Anthropic's AI model Claude in the enterprise market. Established in 2026, Ode is backed by Anthropic, Blackstone, Hellman & Friedman, and other investment institutions, positioning itself as a service platform that helps enterprises deploy cutting-edge AI technology into real-world business processes.
The acquisition of Casper Studios aims to strengthen Ode's capabilities in designing and deploying AI applications for enterprise clients. As more companies explore generative AI applications, Ode hopes to help enterprises move from AI experimentation to large-scale implementation through professional consulting, engineering execution, and customized solutions. (The Information)
Odaily, Odaily News: The U.S. Treasury Department stated that it has proposed common-sense, low-cost investment rules for "Trump Accounts." (Jinshi)
Odaily News – Before the U.S. stock market opens, here are the key financial updates investors need to watch:
1. All three major U.S. stock index futures are moving lower. Dow Jones futures are down 0.79%, S&P 500 futures are down 0.55%, and Nasdaq 100 futures are down 0.82%.
2. International oil prices are surging today. WTI crude oil futures are up 3.38% to $87.239 per barrel, while Brent crude oil futures are up 2.85% to $94.228 per barrel.
3. Both international spot gold and silver are declining. Spot gold is down 1.34% to $4,462.37 per ounce, while spot silver is down 1.12% to $66.23 per ounce.
4. Europe's three major indices are all trading lower. The UK's FTSE 100 is down 0.44%, France's CAC 40 is down 0.54%, and Germany's DAX 30 is down 0.60%.
5. U.S. Treasury Department data shows that the total federal government debt has surpassed $40 trillion for the first time. The market generally believes that the U.S. dollar could become the "biggest loser" as the U.S. increases Treasury buybacks.
6. The 30-year U.S. Treasury yield rose 6 basis points to 5.26% intraday, giving back all the gains since the Treasury Department's buyback announcement.
7. SK Hynix has set clear technical goals for next-generation AI infrastructure: extending optical interconnect to memory interfaces. The company has proposed a "light-centric" architecture that connects memory and processors directly through a photonic interposer.
8. TSMC is reported to have completed development and verification of its 1.6nm-class A16 process and plans to begin mass production in the fourth quarter of this year. Compared to the enhanced 2nm process N2P, A16 delivers 8%–10% better performance at the same power consumption.
9. Nvidia is reportedly in talks to invest in AI data annotation service provider Mercor to strengthen its open-source AI efforts. This funding round would value the startup at $20 billion.
10. "Big Short" investor Michael Burry has turned bearish on Nvidia again, claiming that AI chip company Etched is a formidable competitor, with its chip delivering 10x performance improvements at lower cost.
Odaily News: Fed's Daly stated that she does not believe AI investment will push overall inflation higher. The Fed remains in a good position to observe data, and two softer data releases have not clarified the inflation picture further. The Fed is still considerably off track from achieving its inflation target. (Jin Shi)
Odaily Planet Daily News: Bitdeer, the Bitcoin mining company, has signed a five-year service contract through its AI division, expecting approximately $400 million in revenue from its Malaysia data center. The client has locked in about half of the capacity of the 9.5MW liquid-cooled facility A102, with related revenue expected to be recognized starting in Q1 2027. The company's AI cloud business has a reserved order pipeline exceeding $2 billion (approximately 24.5MW), with a strategic goal of expanding its AI data center capacity to 350MW by Q1 2028.
Odaily News Rapid7, a cybersecurity firm, has disclosed a crypto phishing campaign named Operation Asterix that targets approximately 885,000 phone numbers across multiple countries, redirecting victims to fraudulent wallet service websites. A total of 5,576 phone numbers have been matched with Binance user accounts and placed on the attack queue.
The attackers steal seed phrases through fake apps impersonating Ledger, Trezor, and Exodus, while also contacting victims via fraudulent customer support emails and phone calls. Rapid7 also found that among over 316,000 phone numbers in Germany, 43,066 were matched with crypto trading accounts, representing a hit rate of approximately 13.6%.
The related attacks also include a bulk phone number verification tool targeting Kraken accounts, and the investigation revealed that AI tools are being widely used in phishing operations. According to data from blockchain security firm Hacken, phishing attacks and social engineering scams caused $306 million in losses in the first quarter of this year, accounting for the majority of the $482 million total losses in the crypto industry. (Cointelegraph)
Odaily News: CryptoQuant analyst Darkfost stated that Bitcoin (BTC) is currently attempting to reclaim the "Active Supply Cost Basis" level.
Darkfost noted that active supply refers to all BTC that has been transferred at least once within the past 7 years. By excluding long-dormant Bitcoin, a more accurate average cost basis that aligns with the current market structure can be obtained, with its Realized Price standing at approximately $70,400.
He stated that the last time Bitcoin successfully reclaimed this level was in early April, before the market fell back below this zone again in early June, with sellers reasserting dominance.
Darkfost said that if BTC can sustain its position above the active supply cost basis this time, it could signal the market is forming a longer-term uptrend, rather than the brief breakout that lasted only about two months previously.
This metric is commonly used by the market to observe changes in long-term holder costs and Bitcoin market cycle status. Whether BTC can firmly hold near the $70,400 level will become a key indicator for future bullish and bearish forces.
Odaily News: Federal Reserve's Daly stated that she is "very supportive" of holding rates steady in July, and her outlook expects inflation shocks to gradually fade, with Fed policy in a good place. She sees no evidence that would require an early rate hike and does not currently believe the labor market will drive inflation. (Jin10)
Odaily News: Micron Technology announced plans to invest over $250 billion in the U.S., creating more than 90,000 jobs. It also launched the Micron Research Laboratory, a U.S.-based R&D center focused on long-term innovation, aimed at shaping the future of memory technology and artificial intelligence, with plans to invest $10 billion over the next decade. (Jin10)
According to Odaily's Meme Flash monitor, the sauce community on BSC is generating buzz, with a current market cap of $530,000.
Community member Eason posted on August 20, mentioning, "Just tested launching the first token." Community members described it as "Binance AI's first token," noting that the related project involves a "self-written calling protocol" executed via AI.
Grok pointed out that this is the first token released by Binance Agent OS, adding that Eason deployed a relay contract enabling Binance Agent OS's Agentic Wallet to issue tokens on flap.sh, with this serving as the initial test.
The "Meme Flash" is curated by Odaily's proprietary AI model, selecting trending potential targets from community discussions. Content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be mindful of the high volatility risks associated with Meme coins.
Odaily News: Fed's Daly says rising long-term yields are a global issue that diminishes their signaling power for Fed policy, and the Fed's credibility is not at risk. (Jin10)
Odaily News, CryptoQuant founder Ki Young Ju stated on the X platform that Bitcoin spot and perpetual futures demand has turned positive for the first time since reaching an all-time high in October 2025. The scale of demand remains relatively small, but if this trend continues for a month, it can be reasonably concluded that the bear market has ended and a new bull market cycle has begun.
Odaily News: Micron Technology announced the launch of Micron Research Labs. (Jin Ten)
Odaily News: U.S. initial jobless claims for the week ending August 15 totaled 206,000, versus an expected 210,000, with the prior week's figure revised from 209,000 to 212,000. (Jin10)
Odaily News, Citrini analyst jukan stated on the X platform that at first glance, SK Hynix's CPO technology roadmap appears to have one axis pointing toward HBM and another toward optical communication. However, the underlying logic is that AI competition is shifting from individual chip performance to data transfer efficiency across the entire system.
Over the past few years, HBM has addressed the problem of GPUs being unable to receive data fast enough. By vertically stacking multiple layers of DRAM and placing them next to the GPU, HBM delivers extremely high bandwidth. Yet, as more HBM stacks are placed around each GPU, packaging area, interposer edge space, power supply, and thermal dissipation capabilities are all approaching their limits. Meanwhile, AI clusters have expanded to thousands or even tens of thousands of GPUs. No matter how fast a single GPU computes, the entire system will still be constrained by the "bandwidth wall" if data cannot be efficiently transferred between GPUs and racks.
SK Hynix's vision is to extend optical interconnect to memory. Low-latency, high-bandwidth local HBM will remain next to the GPU, while optical fibers connect it to a larger shared memory pool. This approach avoids limiting all memory capacity within a single GPU package and enables horizontal scaling at the rack level.
From an investment perspective, this does not mean HBM will be replaced in the near term. What is more likely to emerge is a new memory hierarchy: frequently accessed data remains stored in local HBM, while larger-scale, less frequently accessed data is stored in optically interconnected memory pools, HBF, or SSDs.
SK Hynix is repositioning its business, shifting from selling standardized memory chips to co-designing HBM, controllers, advanced packaging, and system-level memory architectures with customers. If this roadmap comes to fruition, SK Hynix could strengthen customer stickiness, increase product added value, and enhance its ability to secure long-term contracts. At the same time, the company may also more proactively address the potential impact of future memory disaggregation on traditional HBM business models.
At the supply chain level, areas that may benefit in the long term include silicon photonics chips, optical engines, lasers, fiber coupling technology, and advanced 2.5D and 3D packaging.
However, this concept is still in its very early stages and essentially remains just a roadmap. jukan noted that a person involved in TSMC's packaging business whom he interviewed today was completely unaware of this plan.
Odaily News: During the analyst conference call, when discussing future capital expenditure plans, Alibaba Group CEO Eddie Wu said that the three-year 380 billion yuan investment plan announced in February last year has seen cumulative investments reach 190 billion yuan by the end of the June quarter, with progress in line with expectations. Due to hardware delivery cycles, spending is not evenly distributed across quarters, reflecting greater volatility in equipment deliveries, along with rising chip component prices. Based on current data, given the average gross margin levels of AI products, capital expenditure (CapEx) can achieve a payback period within three years. If the gross profit margins of AI products continue to improve, this payback period could further shorten in the future. (Star Market Daily)
