Decrypt - 2026-07-01
4 items collected.
1. Robinhood Launches 'AI-Native' Ethereum Layer-2 Network, Tokenized Stock Trading
Author: Logan Hitchcock
Published: 7/1/2026, 8:56:38 PM
Categories: , Business
Brokerage and crypto exchange Robinhood opened the public mainnet for its Arbitrum-powered Ethereum layer-2 network on Wednesday.
2. Venice AI Valued at $1 Billion as Erik Voorhees Makes the Case for Private ChatGPT Rivals
Author: Jason Nelson
Published: 7/1/2026, 8:38:40 PM
Categories: Artificial Intelligence
Venice reached a $1 billion valuation as founder Erik Voorhees argued AI companies should protect users' conversations.
3. LongCat-2.0: The Stealth AI Model That Was Quietly Topping OpenRouter All Along
Author: Jose Antonio Lanz
Published: 7/1/2026, 8:18:55 PM
Categories: Artificial Intelligence
The 1.6 trillion-parameter mixture-of-experts model spent two months disguised as "Owl Alpha" before Meituan claimed it—and it undercuts GPT-5.5 and Claude Sonnet 5 on price by a wide margin.
4. UN's First AI Safety Panel Says Scientists Can't Rule Out 'Catastrophic Harm'
Author: Jose Antonio Lanz
Published: 7/1/2026, 7:05:50 PM
Categories: Artificial Intelligence
A 40-scientist panel found that AI capabilities are outrunning both scientific understanding and government oversight.