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first_img Arya.ag, an agricultural loan company in India, is testing tokenized grain warehouse receipts on Avalanche

Arya.ag, an agricultural warehousing and loan company in India, is testing a system for tokenizing warehouse receipts for stored grains on the Avalanche dedicated Layer 1 blockchain. Arya.ag is collaborating with Finternet to connect grain storage, warehouse receipts, collateral commitments, and loan statuses through this network. Devika Mittal, head of Ava Labs India, stated that the testing is underway, with each tokenized warehouse receipt representing ownership of the stored goods.Sanmesh Kalyanpur, a director at Finternet Labs, mentioned that Arya.ag's samplers collect information on stored grains and input it into the company portal. Finternet will integrate farmers, commodities, warehouses, and insurance information into a "composite token" for banks to assess collateral risks. Arya.ag stores approximately $2 billion worth of agricultural products in its warehouse network and supports loans of about 120 billion Indian Rupees (approximately $1.26 billion) annually, with its loan department, Arya Dhan, disbursing around $230 million in loans each year.The concept of Finternet originated from a 2024 paper by the Bank for International Settlements (BIS), co-authored by Infosys co-founder Nandan Nilekani and then-BIS General Manager Agustín Carstens, proposing the establishment of an interconnected unified ledger for tokenized assets. In 2024, the Indian government launched a 10 billion Rupee credit guarantee scheme to encourage financing against electronic transferable warehouse receipts. The two companies have not disclosed the expected launch date or initial deployment scale.

Douyin internal testing AI workshop, the recommendation page adds interest card display for AI applications

Douyin is currently conducting an internal test of the AI Workshop, aimed at ordinary creators and developers, providing a complete link from AI application building, debugging, and operation to platform distribution, deeply integrating with Douyin's internal traffic system. The AI development framework, interface capabilities, and cloud storage services are all built into the creator's backend.The Douyin App's recommendation page has added a new content form interest card, used to showcase AI applications created in the AI Workshop. Users can directly interact with these cards while browsing the recommendation page, without needing to switch to a mini-program or leave the main app, allowing them to complete Q&A queries, fun interactions, and light tool experiences within the information flow. The interest card relies on Douyin's personalized recommendation distribution, supporting custom gameplay and styles.Creators who do not understand coding can use natural language to describe their ideas for building, while technically skilled developers can modify underlying files for deep customization. Debugging, real-device preview, and publishing can all be completed in the same environment. The produced works can be directly converted into interest cards for placement in the recommendation stream. This product is currently in the invitation-only internal testing phase.

first_img Licheng, Jingyuan Electronics, and Silergy experienced a double increase in revenue in August, and Licheng's panel-level packaging capacity has been fully booked

Licheng, Jingyuan Electronics, and Silergy all reported year-on-year and month-on-month revenue growth in August, with Licheng and Silergy setting new historical highs for two consecutive months. Licheng's consolidated revenue in August was 8.558 billion New Taiwan Dollars, a month-on-month increase of 3.48% and a year-on-year increase of 24.46%. After breaking the 8 billion mark for the first time in July and setting a historical high, August saw another record. The cumulative revenue for the first eight months reached 61.258 billion New Taiwan Dollars, a year-on-year increase of 30.83%. Jingyuan Electronics reported revenue of 4.08 billion New Taiwan Dollars in August, a month-on-month increase of 2.23% and a year-on-year increase of 31.58%. The cumulative revenue for the first eight months was 29.404 billion New Taiwan Dollars, a year-on-year increase of 35.53%. Silergy's revenue in August was 2.07 billion New Taiwan Dollars, with a month-on-month increase of nearly 3% and a year-on-year increase of nearly 29%. The cumulative revenue for the first eight months reached 15.26 billion New Taiwan Dollars, a year-on-year increase of over 20%.Licheng's main source of growth this year remains the rebound in demand for memory packaging and testing. Licheng previously anticipated that revenue in the third quarter would show single-digit quarter-on-quarter growth, with the fourth quarter having the potential to exceed the third quarter. The momentum for memory orders is expected to continue until the end of the year, with a positive market outlook at the beginning of next year. In addition to its core memory business, advanced packaging has become a key focus for the next phase of development. The panel-level packaging has already been adopted by American clients, and the production capacity of the P11 plant has been secured by clients, with plans to enter the mass production phase of integrated ASIC and HBM AI chips by mid-2027.Jingyuan Electronics has been actively expanding its high-end testing capacity in recent years, with AI-related products becoming an important driving force for its operations. The testing demand for AI GPUs, ASICs, and high-performance computing chips remains its main source of growth. Silergy pointed out that the demand for AI and high-speed interconnects is strong, including an increase in demand for high-performance computing chips such as CPUs, GPUs, ASICs, and AI accelerators. After completing the cleanroom construction at the newly acquired Hukou plant in February, Silergy began mass production in July, currently achieving 40% of the total capacity of the plant and gradually taking on new demand from overseas clients.

first_img Rising Sun Technology Holdings receives additional advanced packaging and testing orders from Google TPU and Intel

According to a report by the Economic Daily, ASE Technology Holding benefited from the increased capacity of Google TPU, significantly adding advanced packaging and testing orders. Intel is accelerating the promotion of its EMIB advanced packaging platform while simultaneously expanding its outsourcing orders to ASE Technology Holding, with the previously raised testing quotes showing benefits. Google continues to increase its AI capital expenditures to expand data centers, using TPU to support the Gemini large model, AI agents, and Google Cloud services. The market estimates that Google TPU will enter a large-scale production phase by 2028, with shipments expected to reach 12 to 15 million units. ASE Technology Holding has mastered 2.5D, 3D advanced packaging, and high-end testing technologies, and Google is also expanding its use of TSMC's advanced processes and CoWoS capacity.Intel is racing to advance its EMIB packaging platform, with major cloud companies like Meta and Google successively adopting the EMIB and EMIB-T platforms. ASE Technology Holding, positioned as a pure testing and packaging foundry, can directly procure organic embedded silicon bridge substrates to undertake backend wafer-level assembly and high-end testing services. Wu Tianyu, the Chief Operating Officer of ASE Technology Holding, believes that Intel's EMIB and TSMC's CoWoS are not zero-sum competitors. As the testing time for AI chips lengthens, the costs of equipment, materials, and labor are rising, and high-end packaging and testing capacity is becoming increasingly tight. Major testing and packaging factories have gradually raised prices based on products, capacity, and customer conditions, with increases of about 5% to 10%.

first_img The Ethereum Foundation has launched the Platåberget testnet for early testing of the Glamsterdam upgrade

The Ethereum Foundation's DevOps team announced the launch of the Platåberget testnet as an early public testing environment for the Glamsterdam (Gloas + Amsterdam) upgrade. This testnet is open to the community and is planned to run for several months, providing developers with a stable experimental platform to identify and fix issues before the upgrade is deployed to long-term testnets like Sepolia and Hoodi. The Glamsterdam hard fork is scheduled to activate on August 20 on this testnet.The Glamsterdam upgrade includes several significant changes to both the consensus layer and execution layer, including built-in proposer-builder separation (ePBS), block-level access lists (BALs), gas repricing targeting approximately 200 million gas, an increase in the maximum contract deployment size from 24KiB to 64KiB, an increase in the initcode limit from 48KiB to 128KiB, and forward-compatible consensus data structures. Relevant EIPs are summarized in meta EIP-7773. Gas repricing will affect wallets, indexers, and gas estimation tools, and any tools with hard-coded maximum gas limits will need to be updated; EIP-8037 also introduces an independent state gas dimension, where new accounts or writing to new storage slots will be charged by state bytes.The Platåberget validator set is small and allows public participation, supporting deposits from validators or builders submitted through the Dora browser. The testnet provides one-click resources to add networks, faucets, and client images. The community can provide feedback on issues in the Ethereum R&D Discord and related specification repositories.
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