Business
Japan’s AI company Quantum to acquire 3,000 BTC amid US-Japan trade deal, rising treasury yield

- Quantum, a Japan-based AI company, announced its aim to acquire 3,000 BTC on Wednesday.
- A breakthrough in the US-Japan trade deal imposes a 15% reciprocal tariff on Japan.
- The interest of Japan-based companies in Bitcoin surges as the country’s treasury yield hits record highs.
Quantum Solutions, a publicly listed AI company on the Tokyo Stock Exchange, announced its aim to acquire 3,000 Bitcoin (BTC) amid Japan’s recent trade deal with the United States (US) and the rising Bond yields in the country.
Quantum Solutions enters Bitcoin’s land grab race
In a press release on Wednesday, Quantum Solutions joined the growing number of Japanese corporations in the race to acquire Bitcoin. The company aims to raise $10 million to purchase the initial phase of acquiring BTC, with the ultimate goal of reaching 3,000 BTC, valued at over $356 million, within the next 12 months.
Furthermore, the company stated, “amid ongoing yen depreciation and increasing international financial uncertainty, investment and holding of Bitcoin are gaining importance.”
In addition to Quantum, several other Japanese companies are in the race, including Metaplanet, which holds 16,352 BTC as of July 24. Remix Points holds 1,051 BTC, while ANAP holdings and Machouse plan to build a 1,000 BTC reserve.
Japan’s rising financial uncertainty and the US trade deal
The shift in corporate sentiment toward Bitcoin aligns with the declining financial security in Japan, as reflected in its crashing Bond market. Japan’s 40-year government Bond yield reached a record high of 3.375% on Wednesday.
The bid-to-cover ratio dropped to 2.127 on Wednesday from 2.214, the lowest in 14 years, suggesting lower liquidity and risk-off sentiment among traders.
A comparatively short-term 10-year bond has reached a record high yield of 1.6% last seen during the 2008 financial crisis.
Amid such conditions, Japan has agreed to a new trade deal with the US, a shift powered by US President Donald Trump. The new deal puts a 15% “reciprocal tariff” on Japanese goods sold or businesses operating in the US, a $550 billion investment package in the US, and a 90% profit share from investments in the US.
Business
Elon Musk calls for dissolution of parliament at far-right rally in London | Elon Musk

Elon Musk has called for a “dissolution of parliament” and a “change of government” in the UK while addressing a crowd attending a “unite the kingdom” rally in London, organised by the far-right activist Stephen Yaxley-Lennon, known as Tommy Robinson.
Musk, the owner of X, who dialled in via a video link and spoke to Robinson while thousands watched and listened, also railed against the “woke mind virus” and told the crowd that “violence is coming” and that “you either fight back or you die”.
He said: “I really think that there’s got to be a change of government in Britain. You can’t – we don’t have another four years, or whenever the next election is, it’s too long.
“Something’s got to be done. There’s got to be a dissolution of parliament and a new vote held.”
This is not the first time Musk has involved himself in British politics. He started a war of words with the UK government over grooming gangs and also criticised 2023’s Online Safety Act, calling the legislation a threat to free speech.
He had a warm relationship with Nigel Farage, and there were even rumours he could channel a donation to his party before the Tesla boss called for the Reform UK leader to be replaced during a dispute over his support for Robinson.
Musk told the crowd in central London: “My appeal is to British common sense, which is to look carefully around you and say: ‘If this continues, what world will you be living in?’
“This is a message to the reasonable centre, the people who ordinarily wouldn’t get involved in politics, who just want to live their lives. They don’t want that, they’re quiet, they just go about their business.
“My message is to them: if this continues, that violence is going to come to you, you will have no choice. You’re in a fundamental situation here.
“Whether you choose violence or not, violence is coming to you. You either fight back or you die, that’s the truth, I think.”
Musk also told the crowd “the left are the party of murder”, referring to the death of Charlie Kirk.
He said: “There’s so much violence on the left, with our friend Charlie Kirk getting murdered in cold blood this week and people on the left celebrating it openly. The left is the party of murder and celebrating murder. I mean, let that sink in for a minute, that’s who we’re dealing with here.”
He also criticised what he called the woke mind virus and said decisions for advancement should be on merit rather than “discrimination on the basis of sex, or religion or any race or anything else”.
He said: “A lot of the woke stuff is actually super-racist, it’s super-sexist and often it’s anti-religion, but only anti-Christian, like why anti-Christian? That’s unfair … that should be all that matters, the woke mind virus, that I call it, is against all that.”
More than 110,000 people were estimated to have taken part in the far-right street rally, in what is thought to be one of the largest nationalist events in decades. The marchers were faced by about 5,000 anti-racist counter-protesters.
In addition to Musk, figures including Katie Hopkins and French far-right politician Éric Zemmour were invited to speak at the event.
PA Media contributed to this report
Business
Can Veritone’s (VERI) Expanding Government AI Focus Reshape Its Long-Term Business Model?

- In the past week, Veritone completed a US$25 million follow-on equity offering and presented at the H.C. Wainwright Global Investment Conference, showcasing its AI-driven solutions for government and law enforcement sectors as well as a promising Veritone Data Refinery pipeline.
- An interesting insight is Veritone’s focus on securing direct government contracts and progressing toward a pure AI-centric model, supported by validation from early proof-of-concept contracts with agencies such as the U.S. Navy.
- We’ll examine how Veritone’s accelerated push into government AI and recent contract validation influences the company’s investment outlook.
Rare earth metals are the new gold rush. Find out which 29 stocks are leading the charge.
Veritone Investment Narrative Recap
Investors in Veritone need conviction in the company’s ability to grow its AI and Data Refinery offerings, particularly through pipeline momentum and government contracts, while the threat of continued net losses and cash needs looms large. The recent US$25 million equity raise bolsters short-term liquidity and reduces near-term capital constraints, but it is not a fundamental game changer, persistent operating losses and the need for future fundraising remain the most pressing risk for shareholders.
Among the recent developments, completion of the US$25 million follow-on equity offering stands out as the most directly relevant. This fundraising, together with revised credit covenants, helps support operational runway as Veritone works to convert government and enterprise pipeline into revenue. However, the increased share count introduces further dilution, reinforcing the importance of achieving sustainable, profitable growth as a key catalyst.
By contrast, sustained access to capital is not guaranteed for any loss-making company for long, making it critical that investors pay close attention to…
Read the full narrative on Veritone (it’s free!)
Veritone’s narrative projects $158.0 million revenue and $20.7 million earnings by 2028. This requires 20.2% yearly revenue growth and a $114.1 million increase in earnings from -$93.4 million today.
Uncover how Veritone’s forecasts yield a $5.25 fair value, a 41% upside to its current price.
Exploring Other Perspectives
Six fair value estimates in the Simply Wall St Community span from US$3.74 to US$27.68, revealing sharply conflicting outlooks. With persistent net losses still a critical challenge, you can see why opinions differ so widely on Veritone’s future, explore how these diverse perspectives could shape your own view.
Explore 6 other fair value estimates on Veritone – why the stock might be worth just $3.74!
Build Your Own Veritone Narrative
Disagree with existing narratives? Create your own in under 3 minutes – extraordinary investment returns rarely come from following the herd.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.
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Business
One of Apple’s top AI executives is reportedly leaving the company

Apple is losing one of its top AI minds, according to Bloomberg.
Robby Walker, who had been the senior director of Apple’s Answers, Information, and Knowledge team since earlier this year, is reportedly set to leave the tech giant next month. Walker had previously been in charge of Siri prior to moving over to AI development. This is on top of Apple losing other high-level AI employees to Meta back in July, also reported by Bloomberg.
The report doesn’t give an explicit reason for why Walker or the other employees have left the company, but it certainly doesn’t paint an entirely positive picture of Apple’s AI development from the outside looking in. The company’s Apple Intelligence suite of AI features has notably lagged behind competitors like Google. One very noteworthy example is that Google’s Gemini Live naturalistic chatbot has been up and running for a while, even as Apple’s long-awaited AI-powered Siri upgrade has been reportedly delayed into next year.
Mashable Light Speed
It remains to be seen whether or not all of this AI business is a bubble just waiting to burst or something that’s truly here to stay, but at the pace Apple is moving, one might get the impression that the company is betting on the former.
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