US SEC Chair Again Urges Congress to Advance the CLARITY Act

Beating AI News – AI consumer research firm Conveo has closed a $50 million Series A funding round, pushing its total capital raised to $55.8 million. Investors in the round include DST Global Partners, Balderton, Visionaries, 6 Degrees Capital, and Y Combinator, with the new funds earmarked primarily for U.S. expansion. Conveo’s core service is straightforward: it leverages AI to conduct interviews with real people on behalf of researchers. Consumers answer questions via video, voice, or text, and the AI follows up with context-aware questions instead of sticking to a rigid fixed questionnaire. Hundreds of interviews can run simultaneously, and post-interview, the AI automatically organizes themes, verbatim responses, and conclusions. What once took weeks of qualitative research can now yield results in as little as a few days. Conveo has already been integrated into the research workflows of numerous large corporations. The company states over 400 enterprises use its platform, including more than 50 Fortune 500 firms, with clients such as Google, Unilever, Anheuser-Busch InBev, and Canva. It is also shifting from one-off interviews to long-term services, where AI continuously engages with consumers and accumulates results from each round into a unified knowledge base.

According to data from analyst Alicharts, Bitcoin has corrected 5.82% from its local peak of $81,474 on August 28. During this period, the whale cohort has continued accumulating, purchasing approximately 6,765 BTC worth around $521 million.

HIP-3 market deployer Entropy launched the OpenAI Pre-IPO market yesterday, with the ticker OAI. As of press time, OpenAI’s pre-market market capitalization stands at $1.33 trillion, its 24-hour trading volume is $2.96 million, and contract open interest hits $1.64 million. Separately, Anthropic’s pre-market market cap on Entropy is $1.95 trillion.

Citrini analyst Jukan stated in a post this morning that the "bottleneck trade" in the AI supply chain has ended, with all major bottlenecks now identified. Going forward, investments will shift to capital rotation between these known bottlenecks rather than chasing new opportunities. The "bottleneck trade" refers to investors positioning in stocks tied to key constrained segments of AI infrastructure, such as chips, power, and materials. Jukan’s remarks likely signal the market’s transition from early-stage broad exploration to a mature phase.

According to The Wall Street Journal, Donald Trump is holding private discussions with senior aides, considering announcing the end of the Iran war. Aides are reportedly advising President Trump that a war escalation beyond recent strikes could lead to the Republican Party suffering losses in the midterm elections.

OpenSea will add support for Arc on the first day of its mainnet launch, September 16.