17 Jul 2025, 07:07

Meta AI’s Pivotal Talent Grab: Two More OpenAI Researchers Join the Superintelligence Lab

BitcoinWorld Meta AI’s Pivotal Talent Grab: Two More OpenAI Researchers Join the Superintelligence Lab In the rapidly evolving landscape of artificial intelligence, where breakthroughs can reshape industries overnight, the strategic acquisition of top talent is paramount. For those deeply invested in the cryptocurrency space, understanding these shifts in AI development is crucial, as AI’s advancements increasingly intersect with blockchain technology, from optimizing network security to powering decentralized applications. The latest news from Meta, involving its new Superintelligence Lab, underscores this intense competition for the brightest minds, signaling a significant acceleration in the race towards Artificial General Intelligence (AGI). This move by Meta AI is not just about hiring; it’s a bold declaration of intent in the high-stakes battle for AI supremacy. Meta AI’s Ambitious Vision: A Race to Superintelligence Meta Platforms, under the leadership of CEO Mark Zuckerberg, has been making increasingly aggressive moves in the artificial intelligence domain. While often known for its social media platforms, Meta has quietly, yet powerfully, positioned itself as a significant player in AI research. Its commitment is evident in the establishment of the Superintelligence Lab , a dedicated division aimed at pushing the boundaries of AI far beyond current capabilities. This isn’t merely about incremental improvements; it’s about achieving AGI, a level of AI where machines can understand, learn, and apply intelligence across a wide range of tasks, much like a human. Meta’s approach has often been characterized by its open-source philosophy, particularly with its Llama series of large language models. This strategy contrasts sharply with some competitors who prefer more closed, proprietary systems. However, the pursuit of AGI demands an unparalleled concentration of talent and resources, irrespective of the open-source stance. Zuckerberg’s vision for AGI is not just about building smarter tools; it’s about creating foundational technologies that could underpin future digital ecosystems, including potentially decentralized ones that resonate with the crypto community’s ethos. The Strategic Significance of Acquiring Top OpenAI Researchers The recent reports, citing sources familiar with the matter, indicate that Meta has successfully lured two more high-profile OpenAI researchers : Jason Wei and Hyung Won Chung. Both individuals reportedly had their internal OpenAI Slack profiles deactivated, a strong indicator of their departure. This acquisition is particularly noteworthy given OpenAI’s prominent position at the forefront of generative AI, having popularized models like ChatGPT. Let’s delve into why these specific individuals are such valuable assets: Jason Wei: His primary focus at OpenAI was on ‘o3’ and deep research models, which are critical for developing more sophisticated and robust AI systems. Before his tenure at OpenAI, Wei made significant contributions to chain-of-thought research at Google. Chain-of-thought prompting is a technique that enables large language models to tackle complex reasoning tasks by breaking them down into intermediate steps, mimicking human thought processes. This expertise is invaluable for Meta’s AGI ambitions, as it directly contributes to building AI systems capable of more complex problem-solving and reasoning. Hyung Won Chung: Chung, who previously overlapped with Wei at Google, worked on deep research and OpenAI’s ‘o1’ model. His research is specifically centered on reasoning and agents. The development of intelligent agents that can interact with their environment, make decisions, and learn autonomously is a cornerstone of achieving AGI. Chung’s work in this area would directly bolster Meta’s efforts to create more autonomous and capable AI systems. Sources suggest a close working relationship between Wei and Chung, which likely played a role in Meta’s decision to bring them on board together. This strategy, akin to how certain groups of experts were brought together during historical periods of intense innovation, allows for immediate synergy and continuity in complex research areas. It’s a testament to Meta’s aggressive recruitment tactics, aimed at consolidating the best AI talent available globally. The High-Stakes Race to AGI and the Global AI Talent War The pursuit of AGI is not merely a scientific endeavor; it’s a global technological arms race. Companies like Meta, Google, Microsoft (through its investment in OpenAI), and Anthropic are pouring billions into research and development, understanding that whoever achieves AGI first could gain an insurmountable competitive advantage across virtually every industry. AGI promises to unlock unprecedented capabilities, from revolutionary scientific discoveries to highly personalized digital experiences, and even entirely new economic models. This intense competition has fueled an unprecedented AI talent war. Top AI researchers, engineers, and data scientists are among the most sought-after professionals in the world, commanding astounding compensation packages that include multi-million dollar salaries, significant equity, and unparalleled research freedom. The demand far outstrips the supply, leading to a fierce battle for every skilled individual. Companies are not just competing on salary; they are also offering cutting-edge infrastructure, collaborative environments, and the promise of working on truly groundbreaking projects that could define the future of humanity. The poaching of talent from one leading AI lab to another is a common symptom of this intense rivalry. It highlights the strategic importance of human capital in this field. Every new hire, especially those with a proven track record of innovation and deep research, can significantly alter a company’s trajectory and accelerate its progress towards AGI. This dynamic underscores the critical role of individual brilliance and collaborative genius in shaping the future of AI. Strategic Talent Acquisition: Meta’s Playbook in Action Meta’s strategy in acquiring Jason Wei and Hyung Won Chung is a clear example of its aggressive playbook. Recognizing the value of established working relationships, Meta seems to be targeting not just individual brilliance but also synergistic pairings. This approach can yield immediate benefits, as teams that have successfully collaborated in the past can often hit the ground running with minimal friction. It also suggests a sophisticated understanding of how to build effective research units within the Superintelligence Lab. This talent acquisition strategy aligns with Meta’s broader push to enhance its AI capabilities across all its products and services. From improving recommendation algorithms on Instagram and Facebook to developing more realistic avatars for the metaverse and, critically, building the foundational models for AGI, Meta needs a constant influx of top-tier expertise. The addition of researchers with deep experience in models, reasoning, and agents directly feeds into these ambitious goals. The implications of such high-profile moves extend beyond the immediate gains for Meta. They also signal shifts in the broader AI ecosystem. As talent moves, so too does knowledge and expertise, potentially influencing the direction of research and development across different organizations. This fluidity of talent can foster innovation but also raise questions about intellectual property and competitive practices within the industry. Impact and Future Implications for AI Development The integration of researchers like Wei and Chung into Meta’s Superintelligence Lab could have profound implications for the company’s AI roadmap. Their expertise in deep research models, chain-of-thought reasoning, and agent development will undoubtedly accelerate Meta’s progress towards AGI. This could lead to: More Capable AI Models: Expect Meta to release increasingly sophisticated AI models, potentially rivaling or even surpassing those from competitors in specific domains. Enhanced Reasoning Abilities: With a focus on reasoning and agents, Meta’s AI systems could become much better at understanding context, making logical deductions, and performing complex multi-step tasks. Faster AGI Progress: Every top-tier hire brings Meta closer to its ultimate goal of achieving AGI, which could redefine what’s possible with AI technology. Influence on Open-Source AI: Given Meta’s history, it will be interesting to see if these new advancements eventually trickle down into more powerful open-source models, benefiting the wider developer community, including those building on blockchain. For the cryptocurrency world, the acceleration of AGI development holds immense potential. More advanced AI could lead to breakthroughs in decentralized autonomous organizations (DAOs), smart contract auditing, predictive analytics for market trends, and even new forms of AI-driven digital assets. The ethical considerations surrounding AGI, such as control, bias, and alignment, will also become increasingly relevant to decentralized governance models. Navigating the Evolving AI Landscape The story of Meta securing these OpenAI researchers is a microcosm of the larger, dynamic AI landscape. It highlights several key takeaways: Talent is King: In the AI arms race, human capital is arguably the most critical resource. Companies are willing to invest heavily to attract and retain the best minds. Intense Competition: The rivalry among tech giants for AI supremacy is fierce, manifesting in aggressive recruitment and rapid innovation cycles. Strategic Vision: Meta’s focus on AGI and its dedicated Superintelligence Lab demonstrate a long-term, ambitious vision for the future of AI. Interconnected Ecosystem: The movement of talent between leading labs underscores the interconnectedness of the AI research community, even amidst competition. As AI continues its rapid evolution, driven by such strategic talent acquisitions, the implications for technology, economy, and society will be profound. The continuous flow of knowledge and expertise across organizations, while competitive, ultimately pushes the boundaries of what AI can achieve. Conclusion Meta’s reported acquisition of two more high-profile OpenAI researchers , Jason Wei and Hyung Won Chung, is a significant development in the ongoing race for AI dominance. Their expertise in deep research models, reasoning, and agents will undoubtedly bolster Meta’s Superintelligence Lab and accelerate its pursuit of AGI . This strategic talent grab underscores the fierce competition for top AI talent and highlights Meta’s unwavering commitment to leading the next wave of artificial intelligence innovation. As these brilliant minds converge under Meta AI’s banner, the world watches with anticipation to see how their contributions will shape the future of AI, potentially unlocking capabilities that were once confined to the realm of science fiction. To learn more about the latest AI market trends, explore our article on key developments shaping AI models’ features and institutional adoption. This post Meta AI’s Pivotal Talent Grab: Two More OpenAI Researchers Join the Superintelligence Lab first appeared on BitcoinWorld and is written by Editorial Team

17 Jul 2025, 06:20

Privacy Pools Unveils Revolutionary Support for USDS Stablecoin: Enhanced On-Chain Privacy

BitcoinWorld Privacy Pools Unveils Revolutionary Support for USDS Stablecoin: Enhanced On-Chain Privacy In the rapidly evolving world of digital finance, the quest for privacy remains a paramount concern for many. While blockchain technology offers transparency, it also exposes financial activities to an unprecedented degree. This is where innovations like Privacy Pools step in, offering a crucial layer of confidentiality. The crypto community is buzzing with the news that Privacy Pools, the innovative on-chain privacy solution, is now officially supporting Sky’s USDS stablecoin. This development marks a significant stride towards enhancing financial privacy in the decentralized ecosystem, especially for those utilizing stablecoins. Privacy Pools: Pioneering On-Chain Privacy, What Is It? At its core, Privacy Pools is designed to bring much-needed anonymity to blockchain transactions. Think of it as a digital mixing service, but with a crucial distinction: it leverages zero-knowledge proofs (ZKPs) to allow users to prove they own funds without revealing the specific source of those funds. This technology is a game-changer for on-chain privacy , enabling users to break the traceable link between their deposited and withdrawn funds. The project has garnered considerable attention, not least because it is backed by none other than Ethereum co-founder Vitalik Buterin , whose endorsement signals the project’s technical robustness and ethical alignment with core blockchain principles. The mechanism works by allowing users to deposit funds into a common ‘pool.’ When they withdraw, the system uses ZKPs to verify that the withdrawn funds correspond to a legitimate deposit, without revealing which specific deposit it was. This creates an anonymity set, making it incredibly difficult to trace transactions back to their origin. For individuals and entities alike, this means: Enhanced Fungibility: Every unit of a cryptocurrency becomes indistinguishable from another, just like physical cash. Protection Against Surveillance: It helps prevent unwanted tracking of spending habits or financial associations. Increased Security: By obscuring transaction patterns, it adds a layer of security against targeted attacks. The Strategic Move: Integrating USDS Stablecoin The integration of Sky’s USDS stablecoin into Privacy Pools is a monumental step. Stablecoins, designed to maintain a stable value, are the backbone of many decentralized finance (DeFi) activities. They are used for trading, lending, borrowing, and payments, making their transaction histories particularly sensitive. Until now, stablecoin transactions on public blockchains have been entirely transparent, revealing balances, spending patterns, and even who interacts with whom. This level of transparency, while inherent to blockchain, poses significant privacy risks for users. By bringing USDS into the Privacy Pools ecosystem, users can now conduct transactions with this stablecoin with a much higher degree of privacy. This means: Private Payments: Businesses and individuals can make and receive payments without revealing their entire transaction history. Confidential DeFi Engagements: Participation in lending protocols, liquidity provision, or yield farming can be done with greater anonymity. Reduced Data Leakage: Protects users from having their financial activities scrutinized by third parties, whether for marketing, regulatory, or malicious purposes. This move is not just about one stablecoin; it sets a precedent for how other stablecoins might integrate privacy features, fundamentally changing the landscape of private digital transactions. What Does This Mean for Cryptocurrency Privacy as a Whole? The support for USDS by Privacy Pools is a significant indicator of the growing demand and technological feasibility for enhanced cryptocurrency privacy across the board. For too long, the trade-off between blockchain transparency and user privacy has been a contentious issue. Solutions like Privacy Pools are bridging this gap, demonstrating that it is possible to maintain the integrity and verifiability of blockchain while offering users the confidentiality they desire. This development sends a strong signal to the broader crypto industry: privacy is no longer a niche concern but a fundamental requirement for mainstream adoption. As more assets become compatible with privacy-enhancing protocols, the entire ecosystem benefits from increased fungibility and reduced vulnerability to financial surveillance. It empowers users with greater control over their financial data, aligning with the core ethos of decentralization and individual sovereignty. Vitalik Buterin’s Vision: The Backing Behind Privacy Innovation The involvement and endorsement of Vitalik Buterin cannot be overstated. As a co-founder of Ethereum and a leading voice in the blockchain space, Buterin has consistently advocated for privacy as a critical component for the long-term success and ethical development of decentralized systems. His support for Privacy Pools underscores the project’s legitimacy and its alignment with the foundational principles of a truly decentralized and user-centric internet. Buterin’s insights often shape the direction of the blockchain industry, and his emphasis on privacy highlights its importance for preventing censorship, ensuring economic freedom, and fostering a more equitable digital future. His backing provides a powerful stamp of approval, attracting talent, resources, and further attention to the critical work being done by Privacy Pools. It’s a clear signal that privacy solutions are not just theoretical concepts but practical necessities for the evolving digital economy. Addressing Challenges and Looking Ahead: The Future of Private Digital Transactions While the integration of USDS is a major win, the path to widespread on-chain privacy is not without its challenges. Regulatory scrutiny remains a significant hurdle, as governments worldwide grapple with how to balance privacy with anti-money laundering (AML) and counter-terrorism financing (CTF) concerns. Projects like Privacy Pools must navigate these complex legal landscapes, ensuring compliance while still delivering robust privacy features. However, the project’s stated plans to expand into multi-asset Privacy Pools indicate a clear vision for the future. This expansion would allow a broader range of cryptocurrencies and tokens to benefit from the same privacy guarantees currently extended to USDS. Imagine a future where any digital asset can be transacted with a strong layer of confidentiality, making the entire blockchain ecosystem more resilient and user-friendly. This forward-looking approach suggests a commitment to making privacy a default feature, rather than an add-on, for digital assets. For users, this development means exploring options for more private stablecoin transactions. It’s an invitation to engage with protocols that prioritize user confidentiality and contribute to a more private digital economy. Conclusion: A New Era for Private Digital Assets The integration of Sky’s USDS stablecoin into Privacy Pools represents a pivotal moment for cryptocurrency privacy . Backed by the visionary Vitalik Buterin , this move not only enhances the utility of USDS but also sets a powerful precedent for the entire stablecoin market and the broader quest for on-chain privacy . As Privacy Pools continues its expansion into multi-asset support, we are witnessing the dawn of a new era where financial confidentiality on the blockchain becomes more accessible and robust. This development is a testament to the ongoing innovation within the crypto space, continually striving to balance transparency with the fundamental human right to privacy. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency privacy and institutional adoption. This post Privacy Pools Unveils Revolutionary Support for USDS Stablecoin: Enhanced On-Chain Privacy first appeared on BitcoinWorld and is written by Editorial Team

17 Jul 2025, 05:30

PAX and Lunu Pay Enable Crypto Payments at 80 Million Terminals Globally

PAX Technology has partnered with Lunu Pay to enable crypto payments across its global network of 80+ million terminals, letting retailers accept bitcoin, ethereum, and more with instant fiat conversion and zero volatility risk. 80 Million Payment Terminals to Accept BTC, ETH and Other Cryptocurrencies In a major step toward real-world crypto adoption, PAX Technology,

17 Jul 2025, 01:02

Google discloses new unique features for its Pixel 10 smartphone series

Google announced plans to unveil brand new Pixel mobile phones and smart watches on August 20, during an event in New York, courtesy of the company’s AI technology. These new mobile phones included the Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10 Pro Fold. The smartwatch is also a Pixel version , incorporated with a fourth-generation model. The announcement came after Samsung’s recent disclosure of the Galaxy Z Fold 7, a slender, new standard foldable mobile phone with a market valuation of $2,000. The availability of these mobile phones in the market is set for July 25. Google discloses new unique features for its Pixel 10 smartphone series Following the growing advancements of technology, Google is now eyeing to produce Pixel 10 products this year after releasing Pixel 9 on August 13, 2024. Notably, the 2 types of Pixels will look nearly the same, but the newest Pixel version will have more advanced processors, better hardware, among other minor enhancements. Another significant upgrade in producing the Pixel 10 series is that the Tensor G5 processor, the tech firm’s customized processor for its Pixel mobile phones with a fifth-generation model, will drive the whole series. Interestingly, the American multinational corporation and technology company has shifted its dependence on Taiwan Semiconductor Manufacturing Company to create this chip after years of heavy dependence on Samsung to produce chips for its production. In addition, the tech company has vowed not to imitate Samsung’s Z Fold 7 make but instead will use an entirely new design that will use the Gemini AI application. In the era of foldable mobile phones, just as Samsung unveiled the Galaxy Z Fold 7, Google will also launch the Pixel 10 Pro Fold series, which will be more budget-friendly than Samsung’s. Meanwhile, Google’s new smartphone will utilize Android 16 features and demonstrate a more enticing user experience, which Google mentioned earlier during its annual developer conference in May. Google has an event in Mountain View, California called “Made by Google.” Last year it was conducted on August 13. It comes before Apple’s September iPhone event. The event focused on demonstrating the company’s new products to its users. Despite all these efforts, Google’s market valuation of its mobile phones is below that of Samsung and Apple’s in the US. Even so, the tech firm’s phones have passionate fans due to their impressive features, such as the high-quality camera and their updates on Android applications. Its enhanced features have also given its users reasons to stay loyal. Google incorporates several unique features in its production to surpass its rivals With its latest update on its mobile phones, Google took a significant step before Apple, its competitor, demonstrated its renovated iPhone package . In its blog post, Google highlighted its plans to unveil Material 3 Expressive, its new features created to showcase modern, applicable, and distinct design. The company will use it for its apps, such as Gmail, and in its Android system. It is worth noting that this is not the first feature Google has used to make its products unique. Several features have been implemented, such as incorporating bouncier animations, different shapes, strong contrasts, and bigger fonts in its production. Google promised to make its latest updated version of its package available to its users before this year ends. This includes its Pixel mobile phones KEY Difference Wire helps crypto brands break through and dominate headlines fast

16 Jul 2025, 23:30

El Salvador Bitcoin: Unleashing New Horizons in Digital Asset Policy

BitcoinWorld El Salvador Bitcoin: Unleashing New Horizons in Digital Asset Policy The world of digital assets is constantly evolving, with nations increasingly exploring the transformative potential of cryptocurrencies and blockchain technology. A recent, highly significant development has sent ripples through the global crypto community: a meeting between El Salvador’s visionary President, Nayib Bukele, and Pakistan’s State Minister for Blockchain and Crypto, Bilal Bin Saqib. This high-level dialogue signals a growing international interest in leveraging digital currencies for national development and hints at a future where El Salvador Bitcoin initiatives could inspire wider adoption. The Historic Meeting: What Does It Mean for Pakistan Crypto? The encounter, reported by Watcher Guru via X, brought together two key figures from nations with vastly different approaches to the digital asset space. President Bukele, globally recognized for making Bitcoin legal tender in El Salvador, met with Minister Saqib, who represents Pakistan’s efforts to explore blockchain and crypto within its economy. This meeting is more than a mere handshake; it represents a burgeoning interest from emerging economies in understanding and potentially adopting innovative financial technologies. For Pakistan Crypto enthusiasts and policymakers, this meeting offers a unique opportunity. Pakistan has historically maintained a cautious, often restrictive, stance on cryptocurrencies. While the State Bank of Pakistan has issued warnings against decentralized digital currencies, there have also been discussions within government circles about developing a national cryptocurrency or regulating the existing market. The presence of a dedicated State Minister for Blockchain and Crypto underscores a recognition of the technology’s potential, even amidst regulatory ambiguities. Key areas of potential discussion during such a high-profile meeting could include: Regulatory Frameworks: How El Salvador navigated the legal complexities of adopting Bitcoin as legal tender. Economic Integration: Strategies for integrating digital assets into the national economy, including remittances and financial inclusion. Technological Infrastructure: Building the necessary digital infrastructure to support widespread crypto use. Education and Awareness: Public campaigns to foster understanding and adoption of new financial tools. This dialogue could pave the way for Pakistan to learn from El Salvador’s pioneering, albeit challenging, experience, potentially influencing its future digital asset strategy. Nayib Bukele’s Vision: A Blueprint for National Crypto Strategy At the heart of this meeting is Nayib Bukele , a leader who has fundamentally reshaped El Salvador’s economic narrative by betting big on Bitcoin. In September 2021, El Salvador became the first country to adopt Bitcoin as legal tender, a move that garnered both praise and criticism globally. Bukele’s administration has since launched several initiatives aimed at integrating Bitcoin into daily life, including the Chivo Wallet, Bitcoin mining powered by geothermal energy (Volcano Energy), and the ambitious “Bitcoin City” project financed by “Volcano Bonds.” Bukele’s vision is rooted in several core beliefs: Financial Inclusion: Providing banking services to the unbanked population through Bitcoin. Remittance Cost Reduction: Significantly cutting down fees on remittances, a vital source of income for many Salvadoran families. Economic Sovereignty: Reducing reliance on traditional financial institutions and the U.S. dollar. Attracting Investment and Tourism: Positioning El Salvador as a hub for crypto innovation and attracting foreign capital. While El Salvador’s journey with Bitcoin has faced hurdles, including price volatility and skepticism from international bodies like the IMF, it has undeniably placed the small Central American nation on the global stage as a trailblazer in digital finance. For other developing nations, Bukele’s bold strategy serves as a compelling case study, highlighting both the immense potential and the inherent risks of such a profound economic shift. Driving Global Crypto Adoption: Lessons and Opportunities The meeting between Bukele and Saqib is a clear indicator of a broader trend towards Global Crypto Adoption . It signifies that discussions about digital assets are moving beyond niche tech circles and into the highest echelons of national governance. Countries are increasingly recognizing that ignoring the crypto revolution is no longer an option; instead, they must engage with it, understand it, and determine how it fits into their national economic goals. The potential for global crypto adoption extends across various sectors: Cross-Border Payments: Facilitating faster, cheaper international transactions. Supply Chain Management: Enhancing transparency and efficiency using blockchain technology. Decentralized Finance (DeFi): Opening up new avenues for financial services without intermediaries. Digital Identity: Secure and verifiable digital identities leveraging blockchain. El Salvador’s experience, while unique, offers valuable lessons. It demonstrates that political will and a clear vision can drive rapid technological integration. However, it also underscores the importance of public education, robust infrastructure, and a balanced regulatory approach to ensure stability and consumer protection. As more nations explore this path, collaboration and shared learning become paramount to fostering responsible and sustainable global crypto adoption. Shaping Digital Asset Policy: Challenges and Collaborative Paths One of the most critical aspects of this evolving landscape is the development of sound Digital Asset Policy . The lack of clear, harmonized regulations is often cited as a major barrier to mainstream crypto adoption and innovation. Meetings like the one between Bukele and Saqib provide a platform for nations to discuss best practices, regulatory challenges, and potential frameworks that can foster growth while mitigating risks. Developing effective digital asset policy involves navigating several complex considerations: Consumer Protection: Safeguarding users from fraud, scams, and market manipulation. Financial Stability: Ensuring that the integration of digital assets does not destabilize traditional financial systems. Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF): Implementing robust measures to prevent illicit activities. Innovation vs. Regulation: Striking a balance that encourages technological advancement without stifling it with overly restrictive rules. Taxation: Establishing clear guidelines for taxing crypto transactions and holdings. International collaboration is vital in shaping these policies. By sharing insights on regulatory successes and failures, countries can collectively work towards a more coherent global framework for digital assets. This collaborative approach can help prevent regulatory arbitrage, promote cross-border innovation, and build a more secure and efficient global digital economy. A Landmark Dialogue for the Digital Future The meeting between President Nayib Bukele and Minister Bilal Bin Saqib is a significant moment in the ongoing narrative of global digital transformation. It highlights El Salvador’s continued role as a pioneer in the Bitcoin space and underscores Pakistan’s growing recognition of blockchain and cryptocurrencies as vital components of future economic development. While the immediate outcomes of this specific meeting remain to be seen, its symbolic importance is immense. This dialogue signifies a shift from mere curiosity to active engagement among nations regarding digital assets. It suggests a future where international cooperation on crypto and blockchain policies becomes more common, leading to more robust frameworks, increased adoption, and ultimately, a more integrated and innovative global financial system. The road ahead for digital asset integration is complex, but with leaders willing to engage in such high-level discussions, the potential for a truly transformative digital future appears increasingly within reach. To learn more about the latest crypto market trends, explore our article on key developments shaping global crypto adoption and digital asset policy. This post El Salvador Bitcoin: Unleashing New Horizons in Digital Asset Policy first appeared on BitcoinWorld and is written by Editorial Team

16 Jul 2025, 22:51

SoftBank and OpenAI say AI demand is unstoppable

Masayoshi Son, founder and CEO of SoftBank Group, and Sam Altman, co-founder and CEO of OpenAI, have highlighted the growing demand for AI-driven systems. This surge in interest is pushing AI companies to ramp up the development of advanced computing power . During a video conference at SoftBank World, industry leaders discussed strategies for integrating AI into business operations. Two participants argued that advancing AI technology could generate more employment opportunities. They also mentioned the advantages of developing robots. According to them, this will be a game changer, strengthening the beginning of the self-development cycle. Son and Altman highlight the importance of developing AI in daily operations Son and Altman engaged in a lengthy discussion on AI. Son asked Altman about some of the decreasing benefits of expanding further. In response, Altam stated that as they lower the cost of AI , more people will be interested in using it. He further explained that if, by any chance, they could make AI ten times cheaper, then people would want to use it thirty times more or even more than that. The need for AI in the world appears to be very high, the OpenAI CEO added. This discussion took place before a group of Japanese entrepreneurs and industry executives, and the conversation’s main idea was self-propagating innovation. In addition, the CEOs choose different topics that each clarified to their audience. For instance, Altman dealt with robots, emphasizing the creation of robots capable of developing other robots. On the other hand, Son focused on AI agents training themselves and then proceeding to make their kind, which, according to him, would significantly boost productivity. This year, Son has set a target to deploy at least one billion AI agents in his company. On top of this, he will create an operating system for the agents. Another factor highlighting Son’s strong support for the AI ecosystem is his joint venture with OpenAI, in which SoftBank’s telecom division and OpenAI will each own equal shares. The joint venture was made public in February. Son’s plans also include OpenAI’s artificial intelligence projects, such as adding new functionalities to its ChatGPT, in this venture. It will also power Crystal Intelligence, a more advanced enterprise AI, for local businesses such as car manufacturers and retailers. Meanwhile, businesses within the SoftBank group have expressed interest in using products from OpenAI and plan to put in roughly $3 billion per year to gain access to their service. Son demonstrates his eagerness to invest more in AI as demand for it surges Son has announced that his connection with OpenAI is beyond being viewed as just business partners. He then unveiled the big visions that his company has for OpenAI. According to him, SoftBank plans to invest approximately $30 billion in the company; however, there is a condition to this. SoftBank Group’s CEO asserted that this plan would be achieved only if OpenAI made some adjustments to its operations, which he referred to as complicated. Son also partnered with Altman to secure the $500 billion Stargate project . This project aims to ensure the creation of several data centers and other AI computing centers in the US. Following their partnership, Altman explained to Son the requirements they needed to enhance their AI expansion goal. He stated that as they venture into this goal of expanding in the future, well past 10 gigawatts, they will require new technologies and fresh construction methods. However, they did not tackle the challenges faced in achieving the energy supply for this big project. They also did not highlight alternatives, considering that their expectations for a massive demand for AI may not come to fruition. SoftBank shares jumped 38%, the most since 2005. Markets psychologically reacted to this landmark, telling Son his plans are reproductive. They also acknowledged his enthusiasm for higher spending on useful initiatives. Even after its spike in shares, SoftBank’s stock is still trading at a price below the firm’s net worth. Some analysts think this might be due to the company’s complex funding approach. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now