According to Bloomberg, AI chip startup Fractile plans to raise $600 million at a valuation of $6.5 billion, an increase from $1 billion three months ago. This round of funding is led by Lightspeed Venture Partners, Redpoint Ventures, Thrive Capital, and Founders Fund. Fractile has reached a $250 million chip supply agreement with Anthropic, and the related chips are expected to be put into use in 2027.

According to BIT (bit. com) market data, BitMine's stock price closed up 10%, with investors buying 181684 call options, which is about 25% higher than the average daily trading volume of 145316. Marex Group increased its holdings of BitMine by 560.1% in the fourth quarter of last year, holding approximately 10.02 million shares; Weiss Asset Management increased its holdings by 363.6% in the first quarter of this year, holding approximately 4.32 million shares; Morgan Stanley increased its holdings by 25.8% in the fourth quarter of last year, holding approximately 12.19 million shares.

[Binji Pande: Joining Ethereum Labs, Focusing on Ethereum Ecosystem and ETH Growth] Binji Pande announced that he has joined Ethereum Labs as a founding member, with future work focusing on the Ethereum ecosystem and the growth of ETH.

[UBS Research Report Indicates Murata Manufacturing Has 20% Production Increase Potential, Product Mix Upgrade Drives Margin Growth] According to Trend Research, UBS's August 18 research report pointed out that Murata Manufacturing's Takeo Fukui plant has a 20% production increase potential through yield improvement and process optimization with its existing equipment. UBS maintains a 'Buy' rating for Murata Manufacturing, with a target price of ¥13,200. Murata Manufacturing is shifting general-purpose products overseas while focusing its Japanese factories on advanced products. The product mix upgrade is expected to drive operating profit margins from 15.4% in fiscal year 2026 to 37.6% in fiscal year 2029. UBS evaluates that the industry structure is likely to improve over the next six months, with a potential upward revision of performance guidance around October 31.

CZ stated at the SALT conference held in Jackson Hole, Wyoming, USA that the Bitcoin market still follows a four-year cycle and is currently in a bear market phase. CZ believes that the current period is the most favorable policy environment for the cryptocurrency industry in its 12 years of operation, and the regulatory framework in the United States has a demonstrative effect on the world. CZ introduced that about 70% of YZi Labs' funds are invested in the core fields of encryption and blockchain, 20% in AI, and the rest in biotechnology. Regarding Hyperliquid, CZ stated that if it can enter the US market in a compliant manner, it will enable more Perp DEX and decentralized services to cover users worldwide.