US equities finished lower, according to data cited by Odaily from MSX.COM. The Dow Jones Industrial Average fell 0.2%, the S&P 500 lost 0.17%, and the Nasdaq declined 0.28% by the close. The VIX volatility index also moved down 2.6%. AI-related stocks broadly weakened in the session. Broadcom posted the sharpest decline among the names listed, falling 5.94%. Twilio dropped 4.5%, Tempus AI lost 4.03%, UiPath slipped 4.02%, and CrowdStrike fell 3.8%. Odaily also noted that MSX is a major real-world asset, or RWA, trading platform. The platform has listed hundreds of RWA tokens tied to popular US stocks and ETFs, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Goldman Sachs' TMT trading specialist Peter Callahan said on August 12 that the AI narrative within the software sector is shifting after the latest earnings season. While the market previously feared generative AI would erode traditional software companies' moats, data infrastructure and developer tools companies are now seeing the pendulum swing from "AI headwinds" to "AI tailwinds." Firms including Cloudflare, Palantir, Datadog, Twilio, and Atlassian have drawn more attention, while traditional SaaS application vendors still need to prove they can establish a similarly clear AI-beneficiary logic. Callahan attributed the change to AI commercialization extending from model training into inference, agents, and automation applications. Cloudflare disclosed that non-human traffic has surpassed human traffic and projected that machine-generated web requests will keep growing rapidly if current trends hold. The implication is that AI is not necessarily just a replacement for software companies; platforms carrying data, APIs, web traffic, security, and developer tools may see growing agent counts and call frequencies become new demand sources. The software sector is now showing clear divergence: whether AI is a tailwind increasingly depends on whether a company sits in the application or infrastructure layer, and whether it can directly monetize AI-related traffic growth. (Source: BlockBeats, Jinshi)

U.S. stocks finished higher, according to data from MSX.COM, with the Dow Jones Industrial Average rising 0.28%, the S&P 500 gaining 0.62%, and the Nasdaq closing up 1.3%. The VIX volatility index fell 1.65% by the close. AI-related stocks posted broad gains in the session. Atlassian led the group with a 35.31% jump, followed by Twilio at 24.89%. SoundHound AI rose 13.28%, Tempus AI added 12.86%, and Palantir advanced 10.32%. Odaily also said MSX is a major RWA trading platform that has listed hundreds of RWA tokens. The platform’s offerings cover tokenized exposures tied to popular U.S. equities and ETF names including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Bitcoin is trading around $64,000 after about two months of rangebound action between $58,000 and $67,000. The report says BTC is approaching a macro downtrend line drawn from the $124,600 and $82,200 highs, while traders are watching liquidity clusters on both sides of the market. Killa says the market is at a key crossroads, with either a failed breakout or a confirmed bottom in play. Akash points to heavy short liquidity between $64,800 and $68,200 and dense long liquidity between $60,000 and $62,900, suggesting a sweep could come before any clearer trend. BIT says the main problem is the lack of clear incremental demand, and Friday’s U.S. nonfarm payrolls report may be the catalyst that sets direction. The piece also notes continued inflows into spot Bitcoin and Ether ETFs, Coinbase’s August 8 suspension of several tokens, cautious U.S. equity futures, pressure on crypto stocks, and a broader market backdrop shaped by AI-related volatility, oil gains, and Treasury yields.

Parallel Web Systems, founded by ex-Twitter CEO Parag Agrawal, reached a $2 billion valuation in a $100M Series B led by Sequoia, up from $740M five months ago. The company offers web search APIs for AI agents, with 100,000+ developers and top-tier investors backing its rapid growth.

Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation. The startup focuses on web search and research APIs for AI agents, highlighting growing investor interest in AI infrastructure.

Parallel Web Systems, founded by ex-Twitter CEO Parag Agrawal, reaches $2B valuation after $100M Series B led by Sequoia. Total funding $230M, 100k+ developers.

Parallel Web Systems, the AI agent-tool startup by ex-Twitter CEO Parag Agrawal, reached a $2 billion valuation after a $100M Series B led by Sequoia. The company raised $230M total, with 100K+ developers using its web search APIs for AI agents. Valuation doubled from $740M in 5 months.