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Limitless Labs has completed a $20 million Series A funding round to expand its "Physical AI" core model and precision manufacturing platform.

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June 16 – Limitless Labs (formerly LimitlessCNC) announced today it has closed a $20 million Series A funding round, led by Dell Technologies Capital and Square Peg, with participation from Grove Ventures, Meron Capital, and Kinetica. The firm says it’s the world’s first intelligent agent-based physical AI platform tailored for the CAD/CAM (Computer-Aided Design and Computer-Aided Manufacturing) space in mechanical manufacturing. Integrated directly into the CAD/CAM tools engineers use daily, its AI agent system helps manufacturing businesses capture, standardize, and scale the expertise of their senior programming teams. Since emerging from stealth mode, Limitless Labs has scaled from early pilot programs to full production deployments, counting clients like Blue Origin, Cadillac F1, Sandvik, and Iscar across sectors including aerospace, defense, motorsports, and industrial machinery. The tool cuts CNC programming time by up to 50% for users. Click the original article link below to subscribe to the BlockBeats · Lark AI News Channel, which tracks global AI trends and news around the clock.
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Sui Releases Future Roadmap: Building a Unified Value Network for AI and Global Finance

June 16: The Sui development team at Mysten Labs laid out its long-term goal: to build foundational blockchain infrastructure that will power global value transfers over the next decade. This network will enable efficient payments, smooth circulation of financial assets, and transactions between machines and AI agents—all on a single, unified platform. The team said this vision is rooted in the core concept of “making value flow as freely as information,” and they will keep refining underlying architecture and protocol designs to move toward this aim. Technically, Sui targets high throughput, low latency, and full composability within one network through its object-based model, horizontal scaling framework, and native parallel execution capabilities. The project also aims to bring stablecoins, real-world assets (RWAs), and institutional-grade financial products on-chain. It further adds features like private transactions, gas-free transfers, and yield-bearing asset mechanisms to lower

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Grayscale Deposits 1,863 BTC to Coinbase, Worth Approximately $123.66 million

On June 16, per Onchain Lens monitoring, Grayscale Investments deposited 1,863 bitcoins (BTC) into Coinbase, with an approximate value of $123.66 million.

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Binance: Committed to Serving European Users, Will Continue to Operate in Compliance with Applicable Laws

June 16: Binance announced it will keep centering its focus on serving European users while operating fully in line with all applicable local regulations. The platform said it’s taking a deliberate, measured step forward—putting users first, working to minimize any disruption to their activities, and providing users with ample time and clear guidance to complete necessary transition arrangements. It plans to roll out more updates, including optional solutions for users, by June 30, 2026. On the regulatory front, Binance noted it’s held constructive talks with regulators over the past 18 months as it moves through the approval process for MiCA (the EU’s Markets in Crypto-Assets framework). The Greek financial regulator has already finished reviewing Binance’s application and ruled it meets all MiCA requirements; the application is now under review at the European Securities and Markets Authority (ESMA) level. Binance also flagged potential risks if the MiCA authorization process faces

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Elon Musk's Net Worth Surpasses Bitcoin's Market Cap

On June 16, following SpaceX’s IPO, Elon Musk’s net worth saw a sharp surge, with his personal fortune briefly hitting a staggering $1.4 trillion this week to set a new record. Bitcoin has edged slightly lower alongside this, bringing its total market capitalization to $1.38 trillion. Musk’s wealth has now surpassed Bitcoin’s entire market cap.

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Coinbase to Launch 1:1 Physical Backing Tokenized Stocks, Supporting On-Chain Trading, Holding, and Redemption

June 16: Coinbase today announced the launch of its first batch of fully asset-backed tokenized stocks—pegged 1:1 to underlying real-world U.S. stocks—marking a major milestone in moving traditional U.S. equities onto blockchain networks. Users can directly hold tokenized shares representing actual U.S. company stocks, enabling seamless on-chain transactions, holdings tracking, and redemptions, plus automatic dividend payouts tied to the underlying assets. Crucially, Coinbase clarifies this product is neither a derivative nor an IOU (I Owe You); it is a direct 1:1 mapping of real assets, designed to deliver a more transparent and verifiable on-chain stock market experience for users.

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Musk's Personal Wealth Surges to $1.4 Trillion

June 16. Per the latest Forbes Billionaires List update, Elon Musk, CEO of Tesla and SpaceX, has seen his net worth surge to an astounding $1.4 trillion — a new all-time record!

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