More than a dozen U.S. states have halted tax incentives for AI data centers, with Ohio set to forgo $1.6 billion in annual revenue.

According to Arkham’s monitoring, trader David (username @heylittlechef) bought a total of $2,600 worth of PONS on the token’s launch day, when PONS had a market capitalization of $1.607 million. Roughly two months later, PONS surged around 500 times. David has cashed out $77,400 worth of PONS and still holds $1.08 million worth of the token.

According to US media reports, Indonesian AI infrastructure platform Zankore, with backing from NVIDIA, signed a $3.1 billion loan agreement on Wednesday to purchase advanced chips, highlighting Asia’s surging demand for computing power. According to a statement from Zankore, Citigroup, ING, Natixis, Qatar National Bank, and United Overseas Bank underwrote the loan, making it one of the largest AI infrastructure financings in Asia. Citigroup served as the exclusive debt advisor for the transaction. GPU financing is emerging as the next frontier for AI lenders, with banks and private credit shifting focus beyond data centers to the hardware that powers them. In Asia, bank-led transactions have been scarce due to uncertainty over chip residual values and geopolitical risks stemming from US-China tech competition.

CryptoQuant analyst Woominkyu noted in a post that Bitcoin closed at $78,450 on September 8, after a sustained rebound from around $60,000 in early summer this year. However, there has been no corresponding significant increase in large inflows to spot trading platforms. On September 8, the top ten large inflows to spot trading platforms totaled 5,442 BTC. While this figure is 4.4 times higher than the previous day, it is only 5.1% above the 30-day average. Meanwhile, the 7-day average inflow over the past week stood at 4,678 BTC, still below multiple highs seen earlier this year. Looking at longer-term charts, this Bitcoin price rebound has not been accompanied by unusually high levels of large BTC deposits to trading platforms. This indicates, to some extent, that there is currently no clear evidence that potential sustained selling pressure is rising significantly due to large transfers. The key signal to watch next is: if Bitcoin price weakens while the 7-day average inflow to trading platforms continues to rise, it could mean growing potential selling pressure. For now, the rebound in platform deposits on September 8 appears to be a return to recent normal levels, rather than an abnormal large-scale capital inflow.

Insight Beating AI News: Business Insider interviewed eight current and former Google employees, uncovering that Gemini’s de facto command center is a pantry on the second floor of Google’s Mountain View headquarters. Once home only to a coffee machine, fridge, and snacks, the space now features a ring of desks. Core members including Google co-founder Sergey Brin, Google DeepMind head Koray Kavukcuoglu, and Google CEO Sundar Pichai—who visits several times weekly—regularly work here, with employees referring to it informally as “Sergey’s Mini Kitchen.” Brin, who holds no formal management role, can bypass Google’s complex approval processes in his capacity as a founder. For the Gemini team, applying for chips like TPUs via standard channels requires submitting paperwork and securing senior-level sign-off; approaching Brin at the pantry offers a far more direct route. Brin also directly weighs in on discussions about model scale, release timelines, and AGI roadmapping, and Gemini’s programming task force has set up desks adjacent to his. A former employee described Brin’s approach as running Gemini like a startup. This year, Brin pushed to use software to record the programming workflows of some Google employees, with the data leveraged for reinforcement learning to boost Gemini’s coding capabilities. Last year, he directly halted Jeff Dean’s Frozen chip project, which was later revived as Frozen v2.

Beating AI Express (Dongcha) – An internal Alibaba contact list screenshot shows that Chen Hang, founder and former CEO of DingTalk (nickname "Wuzhao"), is currently affiliated with the "Qianwen Office" under the ATH Business Group. Chen Hang stepped down as DingTalk CEO in June this year, with Chen Yusen succeeding him. Alibaba subsequently merged the enterprise-level Agent "Wukong" led by Chen Hang, along with QoderWork and MuleRun, into Qianwen Office. The Qianwen Office Business Division, overseen by Chen Yusen, manages both Qianwen Office and DingTalk. Qianwen Office launched its public beta in early August, and within a month of its launch, its user count has surpassed 30 million, with enterprise users making up more than half.

According to official statements, Alby, a Bitcoin Lightning Network wallet and infrastructure provider, has confirmed a critical vulnerability in older versions of its Alby Hub software. The flaw could allow attackers to gain unauthorized access and transfer funds. Alby noted that one user is known to have been affected, and urged users running vulnerable, publicly accessible versions to update immediately.