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typical March madness 🧨

your web3 & AI weekly roundup.

March 21, 2025 • Read time: 7 minutes

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gm gm,

welcome back to another week of surprises.

The U.S. President just dropped into the Blockworks Digital Assets Summit, vowing to make the country the crypto capital of the world.

Meanwhile, Nvidia flexed its dominance in AI, and China is keeping a close eye on DeepSeek to protect its trade secrets.

As always, we’re using this space to provide you with the latest product updates and relevant industry news in the shortest form possible.

Let’s go! @getenzyme

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IN THE SPOTLIGHT
The future runs on Nvidia

The so-called Super Bowl of AI just wrapped up, and here’s what’s coming from the world’s second most valuable company.

Nvidia CEO Jensen Huang unveiled Blackwell Ultra, the next-gen chip set to ship later this year, built to handle the massive AI models of the future. He also teased the DGX personal AI desktop, designed for developers to run large models locally, with Dell, Lenovo, and HP handling production.

Looking ahead, Vera Rubin, Nvidia’s next-gen GPU (named after the astronomer who helped confirm dark matter), is expected to launch next year.

Nvidia also locked in major AI partnerships: General Motors will use its tech for autonomous vehicles and factory robots, and alongside Disney and Google DeepMind, it’s developing Newton, an AI model that simulates physical environments for robotics and gaming.

Nvidia just made it clear: it’s shaping AI’s next chapter.

SUBSTRATES
What else is on the radar?

WEB3

  • Solana celebrates its 5th anniversary, processing over 408 billion transactions with a total transaction volume exceeding $987 billion so far.

  • Kraken acquired NinjaTrader for $1.5 billion, marking the largest TradFi+crypto deal ever.

  • MoonPay acquires Iron, the company building the API-first infrastructure for global onchain payment experiences.

  • A joint study from Coinbase and EY-Parthenon finds that 83% of institutional investors to increase their crypto allocations this year.

  • The SEC ends Ripple’s case after a 4-year legal battle.

  • The former SEC chairman, Gary Gensler is now back teaching at MIT.

AI

  • Anthropic releases Claude’s update for real-time web search and direct source citations.

  • The company behind Devin, Cognition AI secures new funding at a nearly $4 billion valuation, a round led by 8VC.

  • xAI’s grok-2-image-1212 now generates up to 10 images per request in JPG format for $0.07 per image.

  • OpenAI launches the o1 upgrade for its developer API, priced at $150 per million input tokens and $600 per million output tokens.

  • Adobe debuts 10 new AI agents and Brand Concierge that automate website creation and content generation.

  • xAI acquires Hotshot, a US-based startup developing AI-powered generation models.

  • Gemini releases two new features; Canvas for writing, coding and editing in real-time and Audio Overviews for fast and detailed document summaries.

  • Oracle announces a new feature allowing businesses to build AI agents with zero code written.

  • Baidu introduced two new foundation models, ERNIE 4.5 and ERNIE X1, claiming ERNIE 4.5 is significantly cheaper than OpenAI's GPT-4.5, costing just 1% of its price.

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Visual of the week: The decline of U.S. sofware development jobs

SCOOPS OF THE WEEK

And that’s it for the week - not so short but sweet.

Keep on building!

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