Cloudflare (NET) Unveils NET Dollar for AI-Powered Internet Economy

U.S.-listed cloud company Cloudflare (NET) announced plans to intorduve a U.S. dollar stablecoin for what it calls the “agentic web,” where autonomous AI agents perform tasks like booking flights or ordering groceries. The company said on Thursday that the token, dubbed NET Dollar, will enable instant and secure transactions for software agents, developers and creators….

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Australia Looks to Bring Crypto Under Financial Services Framework With New Draft Legislation

The Australian treasury revealed a new draft proposal for crypto firms in the country, requiring them to hold licenses and be treated as financial products. The proposal would require crypto firms to hold financial service licenses, effectively bringing them under the wing of the country’s securities regulator, Australian Securities and Investments Commission (ASIC). Digital asset…

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Databricks will bake OpenAI models into its products in $100M bet to spur enterprise adoption

Databricks said on Thursday that it is incorporating OpenAI’s models, including GPT-5, into its data platform as well as its AI product, Agent Bricks, as part of a $100 million multi-year deal that bets on the AI company’s ability to bring in enterprise customers. The deal highlights the accelerating race to bring generative AI into…

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