Ray Blanco:

‘Pregnancy Robots’ Could Give Birth to Human Children in Revolutionary Breakthrough — and a Game-Changer for Infertile Couples

There’s a robot for that.

What a time to be alive — people are marrying AI bots, and now robots might soon be able to carry babies.

Reportedly, China is working on designing a bot with an artificial womb — which will receive nutrients through a hose — in its abdomen that will soon be able to carry a fetus for approximately 10 months before giving birth, according to Chosun Biz.

The “pregnancy robot” was conceptualized by Dr. Zhang Qifeng, founder of Kaiwa Technology, which is based in Guangzhou — a city in China. If all goes according to plan, the prototype will make its debut next year.

For those struggling to conceive, hiring a humanoid to carry their baby will cost 100,000 yuan, $13,927.09 — a price significantly less than a human surrogate, which can cost someone in the U.S. anywhere from $100,000 to $200,000.

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Enrique Abeyta:

Sam Altman Says ‘Yes,’ AI Is in a Bubble

OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, according to a report from The Verge published Friday. 

“When bubbles happen, smart people get overexcited about a kernel of truth,” Altman told a small group of reporters last week.

“Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes,” he was quoted as saying. 

Altman appeared to compare this dynamic to the infamous dot-com bubble, a stock market crash centered on internet-based companies that led to massive investor enthusiasm during the late 1990s. Between March 2000 and October 2002, the Nasdaq lost nearly 80% of its value after many of these companies failed to generate revenue or profits. 

His comments add to growing concern among experts and analysts that investment in AI is moving too fast.

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James Altucher:

BitMine's Crypto Holdings Surpass 1.52 Million ETH To Become Second-Biggest Crypto Treasury

BitMine Immersion Technologies (BMNR) disclosed that its crypto holdings have exceeded $6.61 billion, including 1.52 million Ethereum (ETH) tokens, making it the world's largest Ethereum treasury and the second-largest crypto treasury globally.

As of Aug. 17, the company's holdings include 1,523,373 ETH valued at $4,326 per token, along with 192 Bitcoin (BTC). The latest figure represents a $1.7 billion increase from $4.9 billion reported just last week, driven by the addition of more than 373,000 ETH.

BitMine launched its Ethereum treasury strategy on June 30, closing initial acquisitions by July 8. Since then, the company has accelerated its position, aiming to acquire 5% of the total ETH supply.

Institutional backers include ARK Invest's Cathie Wood, Founders Fund, Pantera, Galaxy Digital, Kraken, Digital Currency Group, and Bill Miller III.

Globally, only Strategy Inc. (MSTR) holds a larger crypto treasury, with 628,946 BTC valued at $74 billion.

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