Nexthop AI raises $500M in a Series B funding round
#NexthopAI secures $500M in a Series B funding round from Lightspeed, a16z, Altimeter Capital, Battery Ventures, Emergent VC, Kleiner Perkins, and USIT. Nexthop AI will utilize secured funds to develop high-performance networking infrastructure for AI workloads, targeting bandwidth, latency, and reliability challenges across large GPU clusters.
Nexthop AI builds high-performance Ethernet switches designed natively for #AI traffic patterns rather than cloud traffic patterns.
Hyperliquid introduced Prediction Markets with HIP-4 launch on testnet
#Hyperliquid has launched HIP-4 on testnet, which brings native Prediction Markets to Hyperliquid. The contracts are fully collateralized, operate within a fixed calculation range, and do not involve leverage or liquidation. At launch, the mainnet will offer one-day binary markets for $BTC and $HYPE. While the protocol is designed to support multi-outcome markets, those will not be included in the initial release.
#Meta has acquired #Moltbook , a security-compromised #AIagent social network. The move is part of the company’s broader push to strengthen its #AI capabilities and accelerate the development of its superintelligence strategy. Additionally, following the acquisition, two of Moltbook’s founders have joined the Meta Superintelligence Labs team, where they will contribute to the company’s ongoing research and development efforts.
#Polymarket has partnered with #Palantir , an AI-driven U.S. data analytics firm, to build a sports integrity platform supporting Polymarket’s expanding sports prediction markets. The platform will monitor trading activity, screen for prohibited users, support compliance reporting, and identify anomalies such as manipulation or insider behavior in real time, helping maintain trust and fairness as the markets continue to scale.
Polymarket is a decentralized prediction market platform that enables users to speculate on the outcome of real-world events using cryptocurrency.
#Sonic has introduced #USSD , a network-integrated USD-denominated stablecoin designed to serve as the primary source of stable liquidity across the Sonic ecosystem. Built on #Frax ’s GENIUS-compatible #frxUSD infrastructure, USSD pairs permissionless on-chain accessibility with conservative, institutional-grade backing from firms such as BlackRock, Superstate, and WisdomTree.