Solana is set to launch Transaction V1 on September 9, and will further reduce its block time interval.
Solana Foundation Technical Vice President Jacob Creech has published a post announcing that Solana is set to undergo several key changes. Next week, the network will take the first step toward rent reductions. Transaction V1 will officially launch on September 9, while slot time (the interval between block productions) will be further shortened. Additionally, Solana plans to roll out the Alpenglow upgrade in October and host the "Scale or Die" event in November. Creech noted that with these changes implemented, "Solana’s development will be fundamentally different moving forward."
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Tom Lee says NVIDIA’s valuation remains low, and the weakness in some AI stocks may stem from capital flowing into NVIDIA.
BitMine Chairman Tom Lee told CNBC in an interview that Nvidia’s strong earnings report pushed its stock price higher, breaking the recent pattern where positive earnings results failed to lift share prices, signaling investors still value corporate fundamentals. Software stocks including Salesforce, CrowdStrike, and Okta also rallied, reflecting the market’s positive response to downstream AI deals, with overall market reactions remaining healthy. Regarding the underperformance of AI-related stocks such as Meta, Amazon, Alphabet, AMD, and Micron, Tom Lee noted that some investors who had underweighted Nvidia may be selling other tech stocks to raise funds to increase their Nvidia holdings. He pointed out that Nvidia’s profit expectations have been significantly revised upward, yet its stock price has not fully caught up, with its price-to-earnings ratio still contracting, meaning its current valuation remains low. Tom Lee also stated that data center construction is gradually becoming a political issue in the U.S. midterm elections, and even some Republican-led states and states that support data center development are starting to consider pausing related projects. This could be one reason for the recent poor performance of AI infrastructure-related stocks, as funds are shifting more toward downstream AI assets.
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A certain wallet address spent approximately $1 million to chase the high and buy 12.25 million units of the 'Niu Lai' token.
According to on-chain analyst Ai Yi (handle @ai_9684xtpa), address 0x90c…888ac spent roughly $1 million to purchase 12.25 million "Niu Lai" tokens over the past hour, re-establishing a position in the related token. During the buy, "Niu Lai"’s market capitalization briefly topped $90 million. This is not the address’s first trade of "Niu Lai": it opened a position 13 days ago, then sold out entirely at $0.03162 five days ago, marking a re-entry after liquidating its holdings.
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It is reported that OpenAI Astra has been delivered to partners for testing, and will expand access further as early as next week.
Beating AI Express News: Whistleblower Leo states OpenAI’s next major model Astra has moved from internal dogfooding to early partner testing. A small number of partners are currently seeing it under the name “ultima-alpha”. If feedback this weekend is positive, OpenAI plans to expand early access next week and further widen the availability scope by the week ending September 3.
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Anthropic mislabeled a quota reduction as an increase: Claude Code's weekly limit will be 17% lower starting September 14
Beating AI Express: Anthropic announced it will permanently raise Claude Code’s standard weekly quota by 25% starting September 14, with the adjustment applying to Pro, Max, Team, and seat-based Enterprise plans. However, current users will see their actual available quota drop by approximately 17%. To clarify the numbers: If the original standard quota was set at 100, users received a temporary 50% increase (bringing their usable quota to 150). After September 14, the temporary boost will end, and the new permanent standard quota will be 125. This translates to a roughly 16.7% reduction from the current 150, a figure Anthropic confirmed in a follow-up post is equivalent to a 17% decrease compared to today’s available quota.
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