Weekly Highlights | Manus Acquisition Reversal, Harmony Attacked, Kalshi Seeks $40 Billion Valuation Financing

PANews Editor's Note: PANews has selected this week's best content to help you catch up over the weekend. Click the headline to read.

Products of the AI Boom

Manus Season 2: The Prodigal Returns

The Manus-Meta acquisition reversed due to a Ministry of Commerce ban. After the deal was canceled, Manus resumed independent operations, ARR still reached $300 million, team attrition was zero, and the founder said his third startup has begun.

Riot Becomes Anthropic's Compute "Landlord," and Miners' Valuation Logic Has Changed

Riot signed a $9.1 billion compute deal with Anthropic. Bitcoin miners are transforming into AI data centers, their valuation logic is being completely reshaped, and miners are shifting from mining to compute leasing.

Could AI Suddenly "Evolve"? Paradigm Uses a Game to Show You the Answer

Paradigm has launched an RSI simulator that lets users experience the intelligence explosion curve of recursive AI self-improvement, revealing the trade-offs among compute, manpower, and data, and helping explain why crypto VCs are heavily positioned in frontier technology.

AI Leverage, U.S. Treasury Yields, and the Strait of Hormuz: Three Factors Set to Dominate Global Markets This Summer

Global capital is shifting from a savings glut to scarcity. AI leverage liquidations, U.S. Treasury yields at a 19-year high, and repeated ceasefire reversals around Hormuz are creating a triple liquidity shock. High volatility may become the new normal.