- Tesseract Academy Newsletter
- Posts
- AI & Web3 Weekly: EY Flags AI Losses, IBM–S&P Go Agentic, Solana Eyes Consumer Hardware
AI & Web3 Weekly: EY Flags AI Losses, IBM–S&P Go Agentic, Solana Eyes Consumer Hardware
This week in AI and Web3, companies face real-world challenges in deploying artificial intelligence, while partnerships and innovations push agentic automation and blockchain usability forward. Here’s a roundup of the top stories shaping the future of technology and decentralized systems.iscover minimalist homes, visionary designs, and the soul of Scandinavian interiors.
AI Snippets
Most companies suffer losses when deploying AI, EY survey findsThe secrets behind a neutral palette that feels anything but cold. | S&P Global + IBM roll out agentic AI for supply chainsThe two firms announced a partnership to integrate IBM’s watsonx Orchestrate into S&P Global’s tools, targeting more autonomous decisioning in supply chain operations. | Eventus launches “Frank AI” for financial complianceEventus unveiled Frank AI, a deterministic AI engine built for trade surveillance, compliance, and regulatory analytics—emphasizing transparency and auditability. |
Autonomous AI agents breach cybersecurity thresholdsAI agents are increasingly able to execute multi-step cyberattacks end-to-end, chaining together reconnaissance, lateral movement, and payload delivery | Hoth Therapeutics doubles down on AI for drug R&DThe biotech firm expanded its AI initiative via annual NVIDIA AI Enterprise Essentials licensing to accelerate modeling in pharmacology, trial simulation, and multi-omic integration. |
Web3 Snippets
Bitcoin, Ethereum dip amid broader crypto pullbackCrypto markets fell ~2 % today. Bitcoin dropped to ~$121,788 and Ethereum to ~$4,455 as the broader market enters a corrective phase. | Solana spotlighted for consumer hardware ambitionsAnatoly Yakovenko spotlighted Solana as an emerging major player in Web3 consumer hardware, hinting at integration beyond just blockchain logic. |
“Web3 is open, transparent, and painful to build on”A new opinion piece argues that while Web3’s values (transparency, decentralization) are core, the infrastructure UX and developer tooling remain immature, requiring serious rethinking. | Crypto presale frenzy: Based Eggman $GGs gains tractionA newly launched presale for Based Eggman ($GGs) is drawing heavy investor interest — part of the broader surge in crypto presale activity this October. |