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Mark Zuckerberg · Palo AltoThe two reportedly spent time together at Zuckerberg’s homes in Palo Alto and Lake Tahoe, discussing the future of artificial intelligence and the role Scale might play in it. That connection has now crystallized into a formal partnership: Meta has tapped Wang, just 28, to lead its AI efforts.
The appointment came only days after Meta’s major investment and shortly before Scale AI laid off 14% of its workforce—roughly 200 full-time employees. W…Read Article
How Scale AI Founder Wang Won Meta’s AI Crown

United States · United StatesThe Act permits insured depository institutions and other regulated entities to issue stablecoin in the US.
Corporate treasurers will soon have a broad range of issuer choices as numerous tier-1 US banks have announced plans for their own stablecoins to compete with leading issuers like Circle, Tether, and the Ethena decentralized autonomous organization. Banks that have thus far chosen not to venture into stablecoins can expect their share of …Read Article
US Sets for Stablecoin Explosion
