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Ministry of Industry and Information Technology issues the Artificial Intelligence Small and Medium Enterprises Entrepreneurship Support Plan

According to a report by the Financial Associated Press, the General Office of the Ministry of Industry and Information Technology has issued the "Entrepreneurship Support Plan for Small and Medium-sized Enterprises in Artificial Intelligence (2026-2028)." Over three years, it aims to cultivate a large number of innovative and dynamic artificial intelligence startups with significant growth potential in key areas such as industry applications, data services, and intelligent computing power. More than 10,000 new technology and innovation-oriented small and medium-sized enterprises will be nurtured, with over 2,000 "specialized, refined, distinctive, and innovative" small giant enterprises emerging, along with a number of gazelle and unicorn companies.Focusing on the field of artificial intelligence, the plan will establish 10 high-standard technology enterprise incubators and 10 national public service demonstration platforms (bases) for small and medium-sized enterprises. It will also cultivate 10 national-level characteristic industrial clusters for small and medium-sized enterprises. The entrepreneurial and innovative vitality of small and medium-sized enterprises in artificial intelligence will continue to surge, and a preliminary pattern of high-quality development for small and medium-sized enterprises empowered by artificial intelligence will take shape.

a16z Crypto Operating Partner: Capital flow is the moat, and there are plenty of opportunities for crypto entrepreneurs

a16z Crypto Operating Partner Jason Rosenthal posted on the X platform that cash flow is the moat. The best companies often establish themselves by placing themselves in the "cash flow," and cryptocurrency is the first modern technology born for this purpose. If your startup has not designed its products and business models around these principles, you will miss a great opportunity. Thanks to stablecoins, funds and value can now flow at the speed of the internet—global settlement, 24/7 uninterrupted, with end-to-end programmability.Railway companies do not make money from locomotives, but from every ton of goods that pass through the tracks; companies like Visa and Jane Street are all part of the cash flow. Cash flow combined with network effects is one of the most enduring business structures in history. There is a lot of profit margin in traditional financial services, and processes such as payments, custody, lending, foreign exchange, settlement, and market making can all be compressed. Crypto entrepreneurs have the opportunity to build the next generation of cash flow businesses that are programmable, instant, and global.This model can also be extended to computing, GPU markets, AI training data, energy, robotics, space, rare earth metals, and other fields. Founders should ask themselves: Are you in the cash flow? When the value of product activities grows tenfold, does your revenue grow accordingly? In your target market, where are the segments with the highest profit margins relative to the value created?

A 33-year-old Canadian cryptocurrency entrepreneur was kidnapped in Madrid, Spain, and two suspects have been arrested

According to Cripto Noticias, a kidnapping incident aimed at stealing BTC and cryptocurrency private keys occurred recently in Madrid, Spain. A 33-year-old Canadian cryptocurrency entrepreneur was forcibly pushed into a rented van with altered license plates by several men. Witnesses immediately called the police, and the Spanish National Police intercepted the vehicle near Atocha Station, successfully rescuing the victim. Two Serbian suspects, aged 32 and 45, were arrested on the spot, while another suspect remains at large.According to police investigations, this kidnapping was a premeditated act. The victim had previously traveled from Barcelona to Madrid for financial business discussions and was suspected to have been tracked by the suspects beforehand. The suspects intended to use personal coercion to force the victim to hand over the mnemonic phrase and private keys of the cryptocurrency wallet, a method known in the security field as a "wrench attack." Police seized plastic zip ties and pills as tools used in the crime from the vehicle. Additionally, the suspects attempted to steal a luxury watch worth 100,000 euros from the victim. The victim was not seriously injured, and the case is still under investigation.This case is one of a series of personal attacks against cryptocurrency holders in Europe in 2026, with France recording 11 related cases this year.
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