New: Ripple is launching its own U.S. dollar stablecoin. This is big. Stablecoins is a $150 billion market dominated by Tether & Circle. @bgarlinghouse isn’t worried. He says Ripple, unlike certain other issuers, is regulated and compliant.
ECONOMY
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ClearBank Posts First Annual Profit After 91% Revenue Jump
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New: ClearBank, the UK embedded fintech powering Coinbase and Tide, reported its first full-year profit after a 91% jump in revenue. The firm is in no rush for an IPO, per CEO Charles McManus, who tells me it'll only IPO or sell up after US expansion.
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Measuring Astral’s Impact on Global Energy Consumption
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we are going to measure Astral's impact in terms of % global energy consumption
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Sustainable Revenue Models for GPU-Intensive AI Bot Development
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Being able to reliably generate revenue with every message allows developers creating bots with significant GPU inference costs or API costs to build sustainable, profitable businesses, and we are excited to see the ecosystem this enables. (3/4)
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Poe Implements Compute Points Pricing Model for Users
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With price per message, users will see the price expressed in terms of the same compute points that they are used to on Poe, and points will count toward their existing daily or monthly budget as a free Poe user or paid subscriber. (2/4)
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Haiku vs Opus: Cost Comparison for AI Model Usage
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If you use Haiku, it's quite cheap, probably under 50 cents for a book. Opus is much more expensive.
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Rick Rubin Podcast: Internet Economics, Open Source, Blockchains
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I recently went on Rick Rubin’s podcast. We got to talk about: – internet history
– little tech vs big tech
– internet economic models
– composability & open source software
– blockchains & tokens
– software as art And much more. You can listen here: -
Crypto Wars Lost: Surveillance Advertising as AI Foundation
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My @NDSSSymposium keynote is up! On how we lost the crypto wars, why surveillance advertising must be understood as the foundation of "AI", & why the tactics of the past won't serve us in defending privacy today. Text: https://
signal.org/blog/pdfs/ndss
-keynote.pdf
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Stable Audio 2.0 trained on licensed music with creator compensation
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@stableaudio 2.0 was exclusively trained on a licensed dataset from the @AudioSparx music library, honoring opt-out requests and ensuring fair compensation for creators. (3/3)
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Gemini 1.5 Pro pricing makes Claude Haiku vastly superior
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Gemini 1.5 Pro pricing is out. Claude Haiku is 28x cheaper. Very few reasons to use 1.5 Pro at this price.