Press Release
Project PAI Announces Technical Progress, Catena NFT Platform is Coming Soon!
The annual PAI Day on March 14, 2021 came as usual. To thank PAI enthusiasts for their continued support, Project PAI core developers launched an AMA campaign through the community and gave millions of airdrop rewards back to PAI contributors and community members. The following are the selected AMA questions, enjoy:
Q: Why do I feel like the Project PAI Team has been quiet for a while? What has been done by Project PAI in the past year? What is the recent work plan done by Project PAI? Will there be plans to support DeFi and NFT?
A: In October 2020, PAI switched from a conventional PoW-style blockchain to a new PoW/PoS Hybrid Consensus model. The current primary focus of the PAI Core Contributors is to ensure that the PAI blockchain is stable and reliable, so that PAI Hybrid Consensus can thrive as a fully decentralized network In addition to technical contributions, this includes acquiring more network participants to further decentralize the blockchain, and providing support to the Catena NFT project, which will soon support PAI Coins and enable Project PAI ecosystem.
The team is following up on the trends in the Defi world, and will participate in the innovation of the Defi world by cooperating with other projects. In addition, we are studying possible technical solutions to enable cross-chain features for PAI coins (such as Ethereum, Heco, BSC, etc.), which enables PAI coins to be used in some Defi applications in the future.
Q: When will Project PAI’s NFT platform go online? Compared with other NFT trading platforms on the market (such as OpenSea, Rariable, etc.), what are the advantages？
A: The Catena NFT platform based on the PAI blockchain is currently available on catenaart.com and is currently in the public prototype testing stage, allowing people to upload their own arts on the platform. The core contributors of PAI sincerely welcome you to participate in the prototype test of the product and provide any suggestions or feedback. After completing the prototype test, we will further optimize the product and improve the user experience design based on the feedback. The first official version is expected to be released in Q2 of 2021.
Cartena NFT is a completely decentralized art trading platform based on the PAI blockchain. The main features of Cartena NFT are:
1. Fully decentralized NFT trading market, connecting on-chain and off-chain: On Cartena NFT platform, you not only trade NFT, but also obtain its NFT on the PAI blockchain while trading real arts, which is both on-chain and off-chain.
2. Support multiple payment channels: Catena NFT platform will support PAI coins, mainstream cryptocurrencies (BTC, ETH, etc.) and credit card payments.
3. The built-in encrypted communication system allows the buyer and seller to communicate during the NFT transactions to ensure the progress of each transaction.
4. The identity authentication system based on PAI PASS ensures the authenticity of both parties in the market. Users can track each step of each transaction on the PAI blockchain.
Welcome to participate in the prototype test of Cartena NFT platform and give feedback on the PAI forum.
Test url: https://catenaart.com/
Q: What is PAI’s PoUW? When is it planned to launch?
A: Project PAI’s Proof of Useful Work (PoUW, Proof of Useful Work) is a research project designed to enable miners to perform machine learning calculations while verifying PAI currency transactions. The purpose of PoUW is to use AI calculations to replace traditional PoW hashing operations, so that the computing power on the blockchain can be used for actual AI applications, making these computing powers “useful”. In the future, these computing powers can not only be used for machine learning training, but can also be extended to general-purpose on-chain computing, such as on-chain data analysis, cryptographic-based on-chain privacy computing (such as zero-knowledge proof, secure multi-party computation), etc.
PoUW is a passionate research-oriented project, completed by multiple core contributors to Project PAI. The PoUW testnet was originally planned to be launched in the second half of 2021. Due to the cutting-edge and uncertainty of technical research and other product plans of Project PAI, we will try our best to ensure the launch of the PoUW testnet.
For the latest progress, you can check：
Project Page:
https://projectpai.com/pai-research/
Github repo :
https://github.com/projectpai/pouw-main-iteration
Q: The current applications and use cases for PAI seem unclear to me. What does PAI’s economy offer compared to other chains that focus on use cases like finance?
A: Referencing the original vision (tech white paper), the PAI Blockchain fundamentally comprises three modules: Authentication layer, Blockchain layer, and Data layer:
1.The Authentication layer controls relationships that exist in the PAI ecosystem.
2.The Blockchain layer houses a record of network transactions as well as protocols for peer-to-peer engagement.
3.The Data layer indexes encrypted data, peer-to-peer, with hashed references.
Theoretically, any applications or use cases which require one or a combination of authentication services, transactional services, or data storage and sharing services (which, as you can imagine, is quite a lot) can leverage PAI blockchain technology. Currently, the most concrete example of a PAI use case is the NFT art platform, Catena, which is accessible at catenaart.com.
We will release other questions in the PAI weekly newsletter one by one. Welcome to pay attention to the wechat public account of Project PAI and PAI Fans, and keep track of the latest progress of the project. Thank you for your continued support!
Following Project PAI:
Project PAI official website: https://projectpai.com/
PAI Forum：https://www.paiforum.com
Project PAI wechat public account：Project PAI
PAI fans wechat public account：PAIFans
Cartena NFT: https://catenaart.com/
PAI Coin Pool : https://paicoinpool.com
PAIUp wallet: https://www.paiup.com
Join our global community:
Telegram（English）: https://t.me/projectpai
Telegram（Chinese）: https://t.me/projectpaiCN
Telegram（Korean）: https://t.me/ProjectPAIKoreaOFFICIAL
Telegram（Japanese）: https://t.me/ProjectPAIJapanOFFICIAL
Twitter: https://twitter.com/projectpai
Facebook: https://www.facebook.com/projectpai
Medium: https://medium.com/project-pai
Youtube: https://www.youtube.com/c/projectpai
Reddit: https://www.reddit.com/user/projectpaiofficial/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
OSL Lists State-Supervised Gold-Backed Stablecoin USDKG as Platform Expands Asia’s Digital Asset Ecosystem
HONG KONG – USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic, today announced its official listing on OSL HK, the Hong Kong-licensed digital asset exchange of global stablecoin payment and trading platform OSL Group. The milestone marks a significant step for the state-supervised, asset-backed digital currency as it enters one of the world’s most established licensed virtual asset markets.
Link: https://www.osl.com/hk-en/announcement/new-listing-on-osl-hk-gold-dollar-usdkg
Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors across OSL HK’s over-the-counter (OTC) platform.
The listing of USDKG aligns with OSL’s commitment to contribute to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It also expands USDKG’s reach into new markets through a regulated platform aligned with institutional standards, supporting its use in cross-border settlement and broader financial applications.
Jason Liu, Global Exchange COO of OSL, said: “OSL is dedicated to providing investors with access to regulated, innovative assets. The listing of USDKG not only enriches OSL’s product offerings for the market, but also strengthens its compliant stablecoin ecosystem, as the introduction of a state-backed, compliant digital asset further underscores OSL’s credibility and leadership within the industry.”
Biibolot Mamytov, CEO of Gold Dollar (USDKG), said: “This listing represents an important milestone for USDKG as we enter one of the most established and highly regulated digital asset markets globally. Hong Kong is widely regarded as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves, and institutional-grade infrastructure.”
About USDKG
USDKG is issued by OJSC Virtual Asset Issuer, a state-owned entity under Kyrgyzstan’s Ministry of Finance, with an initial issuance of $50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits conducted by ConsenSys Diligence.
The token is already accessible through decentralized exchanges, including Curve and Uniswap, and supported by major wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is fully compliant with FATF KYC/AML standards and is designed to facilitate financial inclusion and efficient cross-border value transfer.
With this listing, Kyrgyzstan continues to position itself as a regional first-mover in regulated, asset-backed digital currencies, bridging traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, please contact: media@osl.com.
Social Links
GitHub: https://github.com/USDkg/USDkg
X: https://x.com/USDKG_Official
LinedIn: https://www.linkedin.com/company/usdkg/
Media Contact
Brand: USDKG
Contact: William Campbell
Email: business@usdkg.com
Website: https://www.usdkg.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
General Compute has opened its production inference cluster to developers building agent applications, running SambaNova SN40 and SN50 dataflow silicon that posts the fastest independently benchmarked speeds on the MiniMax M2.7 model family.
San Francisco, California, United States, 22nd May 2026 – General Compute today announced the general availability of General Compute Cloud, the first ASIC-native neocloud purpose-built for the next generation of autonomous AI development tools. Where existing neoclouds rack incumbent GPUs, General Compute has designed its serving stack around its inference-optimized ASICs.
Unlike traditional cloud platforms designed around human operators clicking through dashboards, General Compute Cloud is also the first major cloud to treat AI agents as first-class users. Coding agents can complete the entire onboarding flow themselves, creating an account, claiming the launch credit, and retrieving a working API key, without requiring a developer to step in. The result: a developer can ask their AI agent to “switch its inference to General Compute,” and minutes later be looking at running infrastructure they never had to provision by hand.
Agentic workloads issue dozens or hundreds of model calls per task, which means even small per-token gains compound into dramatic differences in developer experience and unit economics. By optimizing the silicon, runtime, and API surface for inference rather than retrofitting general-purpose accelerators, General Compute aims to push down both first-token latency and sustained token throughput on the open and frontier models developers use most.
Agent-native signup is supported out of the box. When invoked through OpenCode, OpenClaw, or any compatible client, the agent can complete account creation, verify the workspace, claim launch credit, and return a scoped API key back to the developer’s environment — turning what was historically a multi-step onboarding into a single natural-language instruction.
“Our goal is simple: we want General Compute to be the fastest inference provider on the market, and we want to ship the fastest inference API any developer or AI agent can call,” said Jason Goodison, CTO and co-founder of General Compute. “Optimizing the silicon is how we get there. The $200 in launch credit is our way of inviting builders, and their agents, to put us up against anyone else and see the numbers for themselves.”
General Compute Cloud is available immediately to customers globally at generalcompute.com. The launch credit is automatically applied to new accounts created between May 20 and May 27, 2026. OpenCode and OpenClaw users can begin a General Compute session directly from within their agent by asking it to “sign me up for GeneralCompute.com”
About General Compute
General Compute is the first ASIC-native neocloud, building custom inference silicon and the cloud platform that runs on it. The company’s stated goal is to operate the fastest inference provider and the fastest inference API for AI agents and the developers who deploy them. Founded in 2025 and headquartered in San Francisco, General Compute is backed by leading technology investors. Learn more at generalcompute.com.
Media Contact
Organization: General Compute Inc
Contact Person: Jason Goodison
Website: https://generalcompute.com
Email:
jason@generalcompute.com
Contact Number: +14257537666
Address:440 North Barranca Avenue
City: Covina
State: California
Country:United States
Release id:45346
The post General Compute Launches the First ASIC-Native Neocloud appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Post Oak Group, recently named the Top Middle-Market Investment Bank in Texas, is reporting a meaningful acceleration in transaction activity across the middle market
Houston, Texas, United States, 22nd May 2026 – As broader M&A markets continue to navigate shifting macroeconomic conditions, interest rate normalization, and evolving buyer behavior, the middle market has emerged as the strongest and most active segment of dealmaking in 2026. Post Oak Group, recently named the Top Middle-Market Investment Bank in Texas, is reporting a meaningful acceleration in transaction activity across the middle market, a trend the firm sees as reshaping the broader M&A landscape heading into the second half of the year.
While large-cap M&A has remained selective and mega-deal volume has been uneven, the middle market is demonstrating a level of consistency, resilience, and deal momentum that distinguishes it as the most reliable segment of the 2026 cycle. Founders, family-owned businesses, sponsor-backed companies, and institutional buyers are all returning to the table with renewed conviction, driving a broad-based resurgence in middle-market deal activity.
Post Oak Group, a leading middle-market investment bank headquartered in Houston, Texas, attributes this strength to several converging dynamics:
A Narrowing Bid-Ask Spread
After two years of valuation disconnects between buyers and sellers, expectations are aligning. Sellers have adjusted to the current rate environment, and buyers, particularly private equity, family offices, and strategic acquirers, are showing increased willingness to transact at levels that work for both sides. This is one of the most significant unlocks for middle-market deal flow in 2026.
Renewed Buyer Appetite Across Multiple Channels
Private equity firms with record levels of dry powder are deploying capital aggressively into the middle market, where competition for high-quality assets remains intense but more rational than during the 2021 peak. At the same time, family offices have emerged as a dominant force, often outcompeting traditional sponsors on founder-led deals where cultural fit, longer hold periods, and operational alignment matter as much as price.
Strategic Acquirers Returning to the Table
Corporate buyers are increasingly active in the middle market as they pursue tuck-in acquisitions, sector consolidation, and capability-driven deals. With many large public companies focused on disciplined growth, the middle market has become a primary source of strategic optionality.
Sector Breadth Driving Sustained Activity
Unlike prior cycles concentrated in a handful of sectors, 2026 middle-market activity is broad-based, spanning industrial services, healthcare services, energy transition, business services, technology-enabled services, and consumer-driven verticals. This diversification is one of the key reasons the segment is proving more durable than the broader M&A market.
A Shift Toward Quality and Certainty
Buyers and sellers alike are placing a premium on certainty to close, disciplined diligence, and well-prepared processes. This favors middle-market transactions, where senior-led advisory, structured execution, and relationship-driven dealmaking continue to outperform.
As the Top Middle-Market Investment Bank in Texas, Post Oak Group has been at the center of this resurgence, advising founders, shareholders, and institutional clients across complex M&A and capital markets transactions throughout 2026. The firm’s partner-led model, institutional-grade execution, and deep sector coverage have positioned it as a trusted advisor in a market environment where preparation, precision, and process integrity are more important than ever.
“The middle market has consistently demonstrated its ability to perform across cycles, and 2026 is proving to be one of its strongest years in recent memory,” said David Chua, Managing Partner of Mergers & Acquisitions at Post Oak Group. “We are seeing renewed confidence from buyers, recalibrated expectations from sellers, and a meaningful expansion in transaction activity across nearly every sector we cover.”
“What makes this cycle different is the breadth of activity,” Chua added. “Founders are coming to market with stronger businesses, sponsors are deploying capital with greater discipline, and strategic acquirers are returning in force. The middle market is where most of the meaningful dealmaking is happening right now, and we expect that momentum to continue through the back half of the year.”
About Post Oak Group
The Post Oak Group is a prominent middle-market investment bank headquartered in Houston, Texas. As the Top Middle-Market Investment Bank in Texas, the firm advises founders, shareholders, and institutional investors across M&A advisory and capital markets transactions. With approximately 300 professionals, a leadership team representing more than 250 years of combined investment banking experience, and more than $82 billion in completed transactions across 12 countries, Post Oak Group combines institutional-quality execution with senior-led, partner-driven engagement across industrial services, healthcare, energy, business services, technology-enabled services, and consumer sectors.
Media Contact
Organization: Post Oak Group
Contact Person: Alexander Treistman
Website: https://www.postoakgroup.co/
Email:
info@postoakgroup.co
City: Houston
State: Texas
Country:United States
Release id:45345
The post Post Oak Group Reports Middle Market Emerging as the Strong Segment of 2026 M&A appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
OSL Lists State-Supervised Gold-Backed Stablecoin USDKG as Platform Expands Asia’s Digital Asset Ecosystem
General Compute Launches the First ASIC-Native Neocloud
Post Oak Group Reports Middle Market Emerging as the Strong Segment of 2026 M&A
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