News Heat Trend
Project Overview
Silicon is a GPU computing derivatives market where users can go long or short on GPU price indexes and derivatives.
AI Data Center Optical Interconnect Company iPronics Completes $125 Million Series B Round with NVIDIA Participation
According to Reuters, AI data center optical interconnect company iPronics announced the completion of a $125 million Series B financing round, co-led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, the European Innovation Council Fund, and others, bringing the company's total funding to $177 million. iPronics primarily provides rack-mounted optical switching equipment for AI infrastructure. Through its programmable optical layer, it enables AI clusters to dynamically adjust network connections in real time according to training and inference workloads. The new capital will be used to scale operations and accelerate commercial deployment.
Betting on OpenAI and SpaceX Success, Josh Kushner, Potential Buyer of the Lakers, Sees His Wealth Nearly Triple This Year
Odaily News According to reports, venture capitalist Josh Kushner has seen his wealth grow significantly this year, driven by early investments in star tech companies like OpenAI and SpaceX. The asset scale of his firm, Thrive Capital, has also nearly doubled as a result of betting on the wave of artificial intelligence.It is reported that Josh Kushner's wealth has grown nearly threefold this year, placing him among the billionaires' circle. As the founder of Thrive Capital, he previously earned substantial returns by investing in companies such as Instagram, Spotify, and OpenAI, and has become one of the most successful venture capitalists in Silicon Valley in recent years.On August 12, news broke that the NBA's Los Angeles Lakers were being sold to former Disney CEO Bob Iger and Josh Kushner at a record valuation of $12.5 billion. However, Josh Kushner did not mention the Lakers deal on social media that day, instead celebrating another AI-related investment move. On the same day, Thrive Holdings, founded by Josh Kushner in 2025, completed a $2 billion funding round with investors including SoftBank, reaching a company valuation of $12.5 billion. The firm aims to acquire traditional service companies and leverage AI technology to drive business transformation.Josh Kushner said: "We are incredibly fortunate to be building during such a profound era of innovation."Over the past few months, Josh Kushner has frequently appeared at core events in the tech and capital circles. Not only has he continued to bet on the AI industry through Thrive Capital, but he has also maintained close ties with OpenAI executives. In July this year, he attended the wedding of Taylor Swift and NFL star Travis Kelce, and later participated in the annual Sun Valley billionaire conference in the U.S., where he was photographed alongside OpenAI President Greg Brockman.Market observers believe that as the AI investment boom continues, venture capital firms holding key AI assets like OpenAI are becoming some of the biggest beneficiaries. Josh Kushner, through his early bets on the AI ecosystem, has achieved massive wealth growth. (Forbes)
Velaura AI Completes $110 Million Series A Financing, Valuation Over $1 Billion
According to Reuters, chip design startup Velaura AI announced the completion of a $110 million Series A financing round, with a post-money valuation exceeding $1 billion. This round was led by Seligman Ventures, with participation from Capricorn Investment Group and existing investors Samsung Catalyst Fund, StepStone Group, and Maverick Silicon.
GPU data company Silicon Data completes $30.5 million Series A financing, led by Valor Atreides AI Fund
GPU market data infrastructure company Silicon Data announced the completion of the first closing of its $30.5 million Series A financing round, led by Valor Atreides AI Fund, with participation from CME Ventures, DRW, Samsung Next, VanEck, Jump Trading, Wintermute, and others. The funds will be used for GPU benchmark pricing, performance measurement, institutional and alternative data, as well as derivatives, insurance, and credit market risk infrastructure.
Silicon Data Secures $30.5 Million Series A Funding, Led by Valor Atreides AI Fund
Odaily News: GPU market data infrastructure company Silicon Data has announced the first closing of its $30.5 million Series A funding round, led by Valor Atreides AI Fund, with participation from CME Ventures, DRW, Samsung Next, VanEck, Jump Trading, Wintermute, and others. The funds will be used for GPU benchmark pricing, performance measurement, institutional and alternative data, as well as risk infrastructure for derivatives, insurance, and credit markets.Silicon Data currently collects data from approximately 100 GPU rental platforms across more than 40 countries worldwide, processing over 150,000 verified price records daily. CME Group plans to adopt Silicon Data's benchmarks as the reference price for its proposed cash-settled GPU futures contracts, pending regulatory approval.
Six Major VCs Including Sequoia and a16z Sign MOU with South Korea's National Pension Fund to Boost Investment in AI and Other Strategic Industries
According to Korean media Asiae, six top Silicon Valley VC firms, including Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA, announced the signing of a strategic investment cooperation memorandum of understanding (MOU) with the South Korean National Pension Service (NPS), planning to jointly explore investment opportunities, share investment information, and strengthen their global venture capital layout. Additionally, with the South Korean government accelerating policies to attract overseas venture capital, coupled with the launch of the 200 trillion won "National Growth Fund," the market expects the Korean venture capital sector to see simultaneous inflows of policy funds, private capital, and overseas capital, with strategic industries such as AI and semiconductors expected to receive more investment. However, industry insiders warn that if a large amount of capital concentrates on a few popular enterprises, it may push up corporate valuations and create bubbles, potentially facing valuation correction pressure during future IPO and M&A exits, affecting fund return rates.
US Agencies Accuse Multiple Chinese AI Companies of Obtaining US Firms' Model Information Through "Distillation"
Bloomberg reported that the U.S. National Security Agency, the Federal Bureau of Investigation, and the Cybersecurity and Infrastructure Security Agency alleged in a joint statement that Chinese artificial intelligence companies, including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Zhongai Think Tank, have been using model “distillation” technology on an “industrial scale” to extract proprietary information from U.S. AI models and apply it to train their own systems since at least 2024. The U.S. agencies simultaneously warned Silicon Valley developers to strengthen protections for related outputs.
BIT: Bitcoin Records Strongest Rally Since 2023 Banking Crisis as Expectations for Macro Policy Support Rise
In its published analysis, BIT notes that Bitcoin is experiencing its strongest rally since the collapses of Silicon Valley Bank and Signature Bank in March 2023. During that period, US authorities implemented emergency measures to stabilize the banking system, and the current market sentiment mirrors that era—the recent interventions by the US Treasury in the Japanese yen FX market and bond markets have heightened investor expectations for further macroeconomic policy support. Meanwhile, the SEC's proposed regulatory framework for crypto assets has sent increasingly favorable signals, further bolstering market sentiment. BIT's official Chinese-language analysis indicates that Bitcoin has regained its upward momentum, aligning closely with the scenarios discussed in research over the past several weeks.
CME 拟 10 月推出 AI 算力期货合约
CME Group 与 Silicon Data 计划于 10 月 5 日推出两款 AI 算力期货合约，待监管审查批准后上市，为 AI 企业提供算力成本对冲工具。
Silicon Data Secures $30.5 Million Series A Funding, Led by Valor Atreides AI Fund
Odaily News: GPU market data infrastructure company Silicon Data has announced the first closing of its $30.5 million Series A funding round, led by Valor Atreides AI Fund, with participation from CME Ventures, DRW, Samsung Next, VanEck, Jump Trading, Wintermute, and others. The funds will be used for GPU benchmark pricing, performance measurement, institutional and alternative data, as well as risk infrastructure for derivatives, insurance, and credit markets.Silicon Data currently collects data from approximately 100 GPU rental platforms across more than 40 countries worldwide, processing over 150,000 verified price records daily. CME Group plans to adopt Silicon Data's benchmarks as the reference price for its proposed cash-settled GPU futures contracts, pending regulatory approval.
Six Major VCs Including Sequoia and a16z Sign MOU with South Korea's National Pension Fund to Boost Investment in AI and Other Strategic Industries
According to Korean media Asiae, six top Silicon Valley VC firms, including Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA, announced the signing of a strategic investment cooperation memorandum of understanding (MOU) with the South Korean National Pension Service (NPS), planning to jointly explore investment opportunities, share investment information, and strengthen their global venture capital layout. Additionally, with the South Korean government accelerating policies to attract overseas venture capital, coupled with the launch of the 200 trillion won "National Growth Fund," the market expects the Korean venture capital sector to see simultaneous inflows of policy funds, private capital, and overseas capital, with strategic industries such as AI and semiconductors expected to receive more investment. However, industry insiders warn that if a large amount of capital concentrates on a few popular enterprises, it may push up corporate valuations and create bubbles, potentially facing valuation correction pressure during future IPO and M&A exits, affecting fund return rates.
YC and Other US AI Startups Jointly Oppose Restrictions on Chinese Open-Weight AI Models Like Kimi, Qwen
According to Politico, nearly 200 Silicon Valley companies, including Proton, Y Combinator, and others, wrote to the Trump administration opposing restrictions on U.S. companies' access to Chinese open-weight AI models. The letter was initiated by the newly formed "Small Tech Association," with recipients including Trump, U.S. Secretary of Commerce Howard Lutnick, and Director of the White House Office of Science and Technology Policy Michael Kratsios.
Ethereum L2 network Silicon will shut down, and users must complete asset withdrawals by December 31.
Silicon Network has issued a service termination announcement: Effective September 2, 2026, the Silicon L2 bridge deposit function will be suspended, and the testnet will be simultaneously shut down. The user asset withdrawal support period runs from September 2, 2026, to December 31, 2026, at 12:00 (UTC+9). After this deadline, the block explorer will be closed, the network termination process will commence, and unwithdrawn assets will be unrecoverable.
Six Major VCs Including Sequoia and a16z Sign MOU with South Korea's National Pension Fund to Boost Investment in AI and Other Strategic Industries
According to Korean media Asiae, six top Silicon Valley VC firms, including Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA, announced the signing of a strategic investment cooperation memorandum of understanding (MOU) with the South Korean National Pension Service (NPS), planning to jointly explore investment opportunities, share investment information, and strengthen their global venture capital layout. Additionally, with the South Korean government accelerating policies to attract overseas venture capital, coupled with the launch of the 200 trillion won "National Growth Fund," the market expects the Korean venture capital sector to see simultaneous inflows of policy funds, private capital, and overseas capital, with strategic industries such as AI and semiconductors expected to receive more investment. However, industry insiders warn that if a large amount of capital concentrates on a few popular enterprises, it may push up corporate valuations and create bubbles, potentially facing valuation correction pressure during future IPO and M&A exits, affecting fund return rates.
US stock calling king Serenity announced for the first time its position in European stock XFAB, with an opening gain of approximately 10%
US stock calling king Serenity posted on X platform that it has completed building a position in European stock XFAB at a market cap of $1.28 billion. This is the first time Serenity has mentioned this stock on X. XFAB rose by 10% after opening on Euronext Paris today (opening at 15:00 Beijing time), rising from €8.88 to €9.88.X-FAB Silicon Foundries SE (XFAB) is a specialty wafer foundry focused on analog and mixed-signal semiconductor technologies. Serenity stated that the EU's "CHIPS Act 2" will act as a catalyst for European photonics companies, and XFAB is likely to be included and receive government funding.Additionally, XFAB is the only high-volume silicon carbide wafer foundry in the United States and is also a key manufacturer of Micro-Electro-Mechanical Systems (MEMS). Currently, XFAB's price-to-book ratio is approximately 1.29x, and Serenity believes its expected price-to-earnings ratio will reach 6.5 to 8.5 in 2028.It is reported that Serenity is currently the most followed and influential stock analyst in the AI/semiconductor sector on the X platform. Joining X in July 2025, Serenity now has over 400,000 followers and over 37,000 account subscriptions. Over the past year, many small-cap stocks it has called have risen by over 100%, and its personal return rate so far this year has exceeded 3,840%.To learn more about Serenity’s investment strategies and background, please read "US Stock Calling King Serenity: Building Positions at Low Valuations Ahead of Institutions, Annual Return of 3,840%".
Wang Chuan of Silicon Valley Cashes Out 233,000 HYPE Tokens for Over $1.18 Million in Profits
According to on-chain analyst Onchain Lens (@OnchainLens), Silicon Valley’s Wang Chuan (Chuan) sold 233,296 $HYPE tokens at an average price of $41.46, earning $9.67 million in USDC and realizing a profit of over $1.18 million. He currently still holds 8,529 $HYPE tokens (valued at approximately $349,000).
Vitalik refutes Silicon Valley investor's "AI will kill BTC" argument: The probability of hash algorithms or PoW being broken is extremely slim
Odaily News Silicon Valley angel investor Liron Shapira (@liron) posted on X this morning: "I predict (with 50% confidence): due to AI shaking the security and stability guarantees people once believed Bitcoin possessed, BTC's price will plummet more than 50% within the next two years."Ethereum co-founder Vitalik Buterin rebutted this, stating: "I hold the exact opposite view. My basic reasoning is that, in the long run, I am quite optimistic about network security. I believe the main challenge lies in smoothly navigating the transition period. Moreover, I think BTC can at least properly handle all problems that do not require social consensus (such as upgrading clients, mining pools, etc., to counter network-level attacks — these fall into this category). Additionally, I believe the probability of hash algorithms or proof-of-work mechanisms being genuinely broken is extremely slim. I would have wanted to bet with you, but considering my current asset allocation (I guess you hold the same view regarding Ethereum ETH), I have already staked about 90% of my net worth on this bet."
AI Data Center Optical Interconnect Company iPronics Completes $125 Million Series B Round with NVIDIA Participation
According to Reuters, AI data center optical interconnect company iPronics announced the completion of a $125 million Series B financing round, co-led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, the European Innovation Council Fund, and others, bringing the company's total funding to $177 million. iPronics primarily provides rack-mounted optical switching equipment for AI infrastructure. Through its programmable optical layer, it enables AI clusters to dynamically adjust network connections in real time according to training and inference workloads. The new capital will be used to scale operations and accelerate commercial deployment.
Ethereum L2 network Silicon will shut down, and users must complete asset withdrawals by December 31.
Silicon Network has issued a service termination announcement: Effective September 2, 2026, the Silicon L2 bridge deposit function will be suspended, and the testnet will be simultaneously shut down. The user asset withdrawal support period runs from September 2, 2026, to December 31, 2026, at 12:00 (UTC+9). After this deadline, the block explorer will be closed, the network termination process will commence, and unwithdrawn assets will be unrecoverable.
AI Token Prices Hit All-Time Lows, Down 50% From May Peak
According to Yonhap News Agency, the LLM Token Expenditure Index released by US market information agency Silicon Data fell to 97 cents per million tokens on August 31, marking a historic low since its establishment at the end of last year, down over 50% from the May high of $2.05. Analysts attribute this downward price trend to several key drivers: the launch of the open-source model "Kimi K3" by Chinese AI firm Moonshot AI, OpenAI's price cut for the ChatGPT-5.6 series in July, and the implementation of dynamic pricing mechanisms by leading vendors. While the decline in token prices helps reduce user costs, it will create revenue pressure for model developers such as OpenAI, Anthropic, and Google. The investment head at Seez Group pointed out that foundational model companies are most directly impacted, recommending a strategic shift toward strengthening distribution channels, memory, and context capabilities to raise user switching costs and defend against competitive erosion from open-source models.
BIT: Bitcoin Records Strongest Rally Since 2023 Banking Crisis as Expectations for Macro Policy Support Rise
In its published analysis, BIT notes that Bitcoin is experiencing its strongest rally since the collapses of Silicon Valley Bank and Signature Bank in March 2023. During that period, US authorities implemented emergency measures to stabilize the banking system, and the current market sentiment mirrors that era—the recent interventions by the US Treasury in the Japanese yen FX market and bond markets have heightened investor expectations for further macroeconomic policy support. Meanwhile, the SEC's proposed regulatory framework for crypto assets has sent increasingly favorable signals, further bolstering market sentiment. BIT's official Chinese-language analysis indicates that Bitcoin has regained its upward momentum, aligning closely with the scenarios discussed in research over the past several weeks.
David Sacks: Opposes Using Regulatory Uncertainty to Suppress Open-Source AI, Warns AI Duopoly Seeks to Eliminate Competition
David Sacks, Chairman of the President's Council of Advisors on Science and Technology, stated on the X platform that using regulatory uncertainty as a competitive tool is "completely unacceptable," and regulatory decisions should be based on facts, logic, and evidence, rather than deliberately creating fear and uncertainty (FUD). He is unsure whether venture capitalist and AI policy researcher Dean Ball is admitting to a "regulatory capture" strategy or merely predicting its occurrence, but in any case, leveraging regulatory agencies to issue "soft law" warnings, creating market panic, and thereby forcing regulated companies to stay away from Chinese open-source models should not be tolerated.David Sacks pointed out that Dean Ball believes there is no need to directly ban Chinese open-source models; simply guiding regulators to issue relevant warnings can influence corporate decisions by generating enough doubt and uncertainty, and these reasons "don't even need to be very solid."In response, Sacks argued that any regulatory decision must be well-founded, rather than implementing policies in disguise through "manufactured doubt." He warned that bypassing public deliberation processes in this way would not only erode the foundation of the rule of law but could also open the door to future regulatory abuses targeting any enterprise or individual.Sacks further stated that AI policy is currently at a critical turning point. Major closed-source labs, which have already formed a duopoly in AI model revenue, are now attempting to use government power to eliminate open-source competitors.He called on other companies and developers in Silicon Valley that still support open competition to take a clear stance and jointly safeguard an open ecosystem in the AI field.
Related news
US Agencies Accuse Multiple Chinese AI Companies of Obtaining US Firms' Model Information Through "Distillation"
Bloomberg reported that the U.S. National Security Agency, the Federal Bureau of Investigation, and the Cybersecurity and Infrastructure Security Agency alleged in a joint statement that Chinese artificial intelligence companies, including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Zhongai Think Tank, have been using model “distillation” technology on an “industrial scale” to extract proprietary information from U.S. AI models and apply it to train their own systems since at least 2024. The U.S. agencies simultaneously warned Silicon Valley developers to strengthen protections for related outputs.
Vitalik refutes Silicon Valley investor's "AI will kill BTC" argument: The probability of hash algorithms or PoW being broken is extremely slim
Odaily News Silicon Valley angel investor Liron Shapira (@liron) posted on X this morning: "I predict (with 50% confidence): due to AI shaking the security and stability guarantees people once believed Bitcoin possessed, BTC's price will plummet more than 50% within the next two years."Ethereum co-founder Vitalik Buterin rebutted this, stating: "I hold the exact opposite view. My basic reasoning is that, in the long run, I am quite optimistic about network security. I believe the main challenge lies in smoothly navigating the transition period. Moreover, I think BTC can at least properly handle all problems that do not require social consensus (such as upgrading clients, mining pools, etc., to counter network-level attacks — these fall into this category). Additionally, I believe the probability of hash algorithms or proof-of-work mechanisms being genuinely broken is extremely slim. I would have wanted to bet with you, but considering my current asset allocation (I guess you hold the same view regarding Ethereum ETH), I have already staked about 90% of my net worth on this bet."
AI Data Center Optical Interconnect Company iPronics Completes $125 Million Series B Round with NVIDIA Participation
According to Reuters, AI data center optical interconnect company iPronics announced the completion of a $125 million Series B financing round, co-led by Maverick Silicon and Light Street Capital, with participation from NVIDIA, Triatomic Capital, Bosch Ventures, Catalight Capital, the European Innovation Council Fund, and others, bringing the company's total funding to $177 million. iPronics primarily provides rack-mounted optical switching equipment for AI infrastructure. Through its programmable optical layer, it enables AI clusters to dynamically adjust network connections in real time according to training and inference workloads. The new capital will be used to scale operations and accelerate commercial deployment.
Ethereum L2 network Silicon will shut down, and users must complete asset withdrawals by December 31.
Silicon Network has issued a service termination announcement: Effective September 2, 2026, the Silicon L2 bridge deposit function will be suspended, and the testnet will be simultaneously shut down. The user asset withdrawal support period runs from September 2, 2026, to December 31, 2026, at 12:00 (UTC+9). After this deadline, the block explorer will be closed, the network termination process will commence, and unwithdrawn assets will be unrecoverable.
AI Token Prices Hit All-Time Lows, Down 50% From May Peak
According to Yonhap News Agency, the LLM Token Expenditure Index released by US market information agency Silicon Data fell to 97 cents per million tokens on August 31, marking a historic low since its establishment at the end of last year, down over 50% from the May high of $2.05. Analysts attribute this downward price trend to several key drivers: the launch of the open-source model "Kimi K3" by Chinese AI firm Moonshot AI, OpenAI's price cut for the ChatGPT-5.6 series in July, and the implementation of dynamic pricing mechanisms by leading vendors. While the decline in token prices helps reduce user costs, it will create revenue pressure for model developers such as OpenAI, Anthropic, and Google. The investment head at Seez Group pointed out that foundational model companies are most directly impacted, recommending a strategic shift toward strengthening distribution channels, memory, and context capabilities to raise user switching costs and defend against competitive erosion from open-source models.
BIT: Bitcoin Records Strongest Rally Since 2023 Banking Crisis as Expectations for Macro Policy Support Rise
In its published analysis, BIT notes that Bitcoin is experiencing its strongest rally since the collapses of Silicon Valley Bank and Signature Bank in March 2023. During that period, US authorities implemented emergency measures to stabilize the banking system, and the current market sentiment mirrors that era—the recent interventions by the US Treasury in the Japanese yen FX market and bond markets have heightened investor expectations for further macroeconomic policy support. Meanwhile, the SEC's proposed regulatory framework for crypto assets has sent increasingly favorable signals, further bolstering market sentiment. BIT's official Chinese-language analysis indicates that Bitcoin has regained its upward momentum, aligning closely with the scenarios discussed in research over the past several weeks.