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‘Disappointing’ — crypto advocates react to delay in CLARITY vote

The Digital Asset Market Clarity (CLARITY) Act's Senate cloture vote has been delayed until September, disappointing crypto industry advocates who see the postponement as reducing the bill's chances of passing before the 2026 midterm elections. The Senate's inaction before its recess frustrated supporters like Senator Cynthia Lummis. While figures such as Coinbase's CEO remain hopeful for September, banking critics argue the bill creates unfair advantages. Despite the setback, prediction markets still show some users betting on the legislation passing this year, though it would require further votes in the House and the President's signature to become law.

cointelegraph08/10 17:16

‘Disappointing’ — crypto advocates react to delay in CLARITY vote

cointelegraph08/10 17:16

Sudden Halt, Gemini 3.5 Pro Stalls, Google Plunges into a Trap of Disappointment

Gemini 3.5 Pro's launch has been delayed for months, according to a Bloomberg report. Hype had built after leaks suggested the AI model, codenamed 'Cappuccino', would feature a 2M-token context window and a 'Deep Think' mode, potentially surpassing rivals like GPT-4.5. However, internal sources reveal the model failed to meet strict standards, particularly in AI coding performance, despite a last-minute data update. The report details internal challenges at Google: bureaucratic hurdles slow decision-making as multiple departments compete for resources and alignment. Furthermore, a cultural reluctance among some engineers to use AI-generated code, coupled with internal GPU shortages, hampered the development of this critical capability. This inefficiency and perceived lag behind competitors like OpenAI and Anthropic is reportedly causing talent drain. Analysts suggest this isn't just a Google issue but part of a broader "next-gen giant model disappointment trap." As models scale, they face data bottlenecks, diminishing returns from compute scaling, and potential architectural limits. While OpenAI currently leads, the industry may be entering a platform period where explosive progress slows. Google's delay underscores the immense difficulty of advancing frontier AI models.

marsbit07/17 08:24

Sudden Halt, Gemini 3.5 Pro Stalls, Google Plunges into a Trap of Disappointment

marsbit07/17 08:24

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