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Flash

first_img Veil founder Apex: The protocol will be shut down, and deposits will be stopped from today

On November 9, Apex, the founder of Veil, announced that the team has decided to shut down Veil. Deposits will cease immediately, while the front end and relay will continue to operate until December 21, 2026. After that, withdrawals can still be completed through command line tools. Apex stated that after two years of development, the privacy solution they hoped to achieve has not been scaled. The protocol experienced a strong usage phase but was unable to sustain it. The privacy strength of Veil relies on usage, and a decline in usage will weaken privacy. In recent months, the protocol has not consistently delivered its core value as set. Public information shows that Veil is a zero-knowledge privacy protocol supported by Coinbase Ventures.Apex stated that despite not resolving the initial issues, they still view privacy as the most challenging problem in the cryptocurrency industry to date and thanked Base, the Coinbase team, and all parties who held, used, or supported Veil for their assistance over the past two years. The shutdown also means that support for the VEIL token will stop on the same day, including staking rewards and liquidity provider incentives, and the tokens held by the treasury will be destroyed. Apex mentioned that they will not leave the industry and remain optimistic about cryptocurrencies, Ethereum, and Base, but the specific direction for the next phase of development has not yet been determined. They indicated that Veil had previously occupied all their energy, and future projects would need to achieve the same level of conviction before proceeding.

first_img Anthropic released Claude Fable 5.2 and Mythos 5.2, with high actual generation costs

Anthropic released Claude Fable 5.2 and the restricted version Mythos 5.2 on Monday, stating that the new model can transform a small number of instructions into runnable software, design physical objects, and address research questions that previously required a professional team. The official announcement claims that its output speed has improved by up to 30% compared to the previous generation, with Fable 5.2 scoring 49.1% in the internal FrontierCode 2 evaluation, higher than Fable 5.1's 32.4%. Both share the same underlying model, with Fable having stricter protections against dangerous biological and cybersecurity requests, while Mythos is only open to certified institutions in relevant fields.In terms of pricing, the standard API price is $8 per million input tokens and $40 per million output tokens, lower than the previous generation's $10 and $50; an optional fast mode can increase output speed by up to 2.5 times, but the rates double to $16 and $80. In comparison, Kimi 3.1 Pro is priced at $2 and $10, while the latest DeepSeek model is $0.6 and $1.98 during off-peak hours.AI blogger Matthew Berman's tests show that Fable 5.2 can generate playable games and a browser version of Excel. One level styled after "Gears of War" took 43 hours and 48 minutes to complete, consuming 8.63 billion tokens, with an estimated cost of $14,710 based on developer pay-per-use estimates; the Excel clone is estimated at about $11,700, and a "Fall Guys" style game ran for 71 hours, consuming over 9 billion tokens, approximately $13,000. Anthropic provides one week of Fable access for Pro users and standard Team seats, capped at half of the weekly quota, with promotional access for Pro users ending on November 16.

first_img AI data centers are turning to second-hand gas turbines, with new machine delivery cycles lasting up to 6 years

According to a report by Decrypt, due to the long delivery cycle of new gas turbines, AI data center developers are turning to second-hand gas turbines and retired jet engines. Data from the energy consulting firm Wood Mackenzie shows that the average delivery time for new gas turbines in the United States has reached 6 years, with related delivery discussions focusing on 2030 and 2031. Reuters reports that global gas turbine orders have exceeded 100 gigawatts, while manufacturers' annual production capacity is estimated to be only 60 to 70 gigawatts. Siemens Energy, GE Vernova, and Mitsubishi Heavy Industries have all stated that order growth exceeds production capacity.One response is to retrofit gas turbines based on aircraft jet engine technology. AI infrastructure company Crusoe ordered 13 units from ProEnergy in Missouri in April, each with a rated power of 50 megawatts, totaling 650 megawatts, for future data centers in the United States. Equipment brokers and energy analysts say that well-maintained second-hand turbines sell for about $1.5 million to $1.7 million per megawatt, while new ones cost about $2 million to $2.5 million per megawatt.The International Energy Agency expects global data center electricity consumption to increase from 485 terawatt-hours in 2025 to 950 terawatt-hours in 2030, with electricity consumption for AI facilities expected to double during the same period. The U.S. Environmental Protection Agency states that stationary turbines and engines used by data centers must comply with federal air pollution standards. Finnish manufacturer Wärtsilä told Reuters that it has received orders for about 3 gigawatts of gas engine generators from U.S. data centers since spring 2025.
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