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Sitka Gold Corp. has discovered a third intrusion-related gold deposit at its RC Gold Project in Yukon’s Tombstone Gold Belt. Initial drilling in 2023 revealed promising gold mineralization, further solidifying the project’s potential. This new discovery highlights Sitka’s ongoing success in identifying and developing gold resources in a highly prospective region. The RC Gold Project is rapidly becoming a key asset for the company.
At the 2025 Litui Speech, AAC Technologies showcased its “Physical AI” strategy, aiming to redefine human-machine interaction. AAC’s approach focuses on sensory solutions that prioritize human experience, translating reality with “Physical AI” and establishing a “Perception Haute Couture” trust label. This involves integrating sensory devices with AI to enable machines to understand and respond to their surroundings, as demonstrated by applications in mobile concert halls, in-car ecosystems, and robot dexterity. AAC envisions a future where senses have algorithms and space can be decoded, expanding human perception through technology.
Fitch Ratings downgraded Intel’s credit rating to BBB with a negative outlook, citing challenges in maintaining market demand amid intensifying competition. This follows a Q2 earnings report revealing significant losses and restructuring efforts including workforce reductions and project cancellations. While revenue saw a slight uptick, concerns remain over Intel’s financial stability and its ability to improve PC chip shipments and reduce debt. S&P and Moody’s previously downgraded Intel, reflecting broader market pessimism.
The Li Auto i8 has seen high demand for its premium trims (Max and Ultra). Responding to customer feedback regarding complex trim selection and limited customization, Li Auto is consolidating its i8 lineup into a single, fully-equipped model based on the i8 Max, priced at RMB 339,800. This includes a complimentary Platinum audio system. An optional rear entertainment screen package is also being introduced. The shift aims to simplify the purchasing process and caters to the demand for premium features.
Orosur Mining (TSXV:OMI) announced exceptional drilling results at its Pepas gold prospect within the Anzá Gold Project in Colombia. Highlights include hole PEP047 with 104m @ 6.61 g/t Au from the surface. The company is rapidly advancing towards a NI43-101 compliant Mineral Resource Estimate (MRE) by year-end, drilling approximately one hole per week with 3-4 day lab turnaround. Orosur plans additional studies on metallurgy, mine planning, and logistics to expedite Pepas’s development post-MRE.
Elon Musk announced on X that Tesla may enable in-car gaming while driving within 3-6 months, pending regulatory approval. This follows a video of a Tesla owner playing Grand Theft Auto using Full Self-Driving (FSD). While presenting a potential revenue stream via subscriptions, the plan faces significant regulatory hurdles due to safety concerns and driver distraction, even with FSD engaged. Tesla emphasizes that drivers must remain vigilant and ready to take control despite FSD.
A meeting is scheduled for August 5th, 2025, at 12:45 AM.
Tech influencer Wang Ziru, recently rebranded as “Wang Ziru AI,” has gone silent on social media, fueling speculation about his AI venture. His Weibo and Douyin accounts haven’t been updated since July 11th, despite a prior focus on AI content creation. While active on Bilibili, the silence follows Wang’s declaration of AI’s lucrative potential. However, his AI content alienated fans, who desired his return to smartphone reviews, highlighting the challenge of balancing new interests with audience expectations.
UBIX Technology, in collaboration with Yinfeng Intelligent Computing and Bigbit Micro, achieved seven world records in the MLPerf® Storage v2.0 benchmark. Using the UbiPower 18000 storage system, UBIX demonstrated top performance in ResNet50, CosmoFlow, and U-Net 3D training tasks, supporting thousands of simulated accelerators. They also led in Llama3 model checkpoint tasks, achieving the highest combined read/write bandwidth density per rack unit. UBIX specializes in high-performance storage solutions for AI and HPC.
ETHZilla (formerly 180 Life Sciences) closed a $425 million private placement to advance its Ethereum treasury strategy. The company plans to rapidly increase its ETH holdings and execute a differentiated yield generation program in partnership with Electric Capital and with guidance from a new DeFi Council. ETHZilla aims to become a benchmark for on-chain treasury management, offering investors exposure to the Ethereum network. The capital will also support existing iGaming operations and IP monetization. The executive team and board have been expanded with crypto and capital markets expertise.
