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A large wildfire near Wainwright, Alberta has spread rapidly from Canadian Forces Base Wainwright, pushed by strong Saturday winds. Emergency Health Services are on scene providing care and transport, and the Municipal District of Wainwright has described the situation as significant and ongoing. Authorities are working to contain what officials are calling a large and tragic incident.
In the world of crypto, stablecoin issuer Circle is defending the economics behind USDC as rival networks move to pull away its partners with more generous revenue sharing. Coinbase, Circle's largest partner, is also backing Open USD, a competing network that passes reserve income directly to partners after taking a management fee, putting real pressure on Circle's business model.
And on the hardware front, Nvidia CEO Jensen Huang has been openly enthusiastic about Microsoft's new Surface Laptop Ultra, the first Microsoft device powered by an Nvidia chip. Speaking at a developer event in London, Huang said the machine is, quote, so beautiful and incredible, and noted the collaboration took four years to bring to life, calling it a genuine work of love.
That's your update for now. Keep surfing. Tech Beat out.
