#infrastructure
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OpenAI CEO Sam Altman has called for up to $7 trillion in investments to establish infrastructure for manufacturing artificial intelligence chips, addressing the severe global shortage. He has shared this proposal with both the government and business leaders in the United Arab Emirates (UAE). 
Meson ICO on Coinlist: A Comprehensive Review
Traditional cloud storage solutions like Google Drive or Amazon S3 are expensive and lack privacy. An innovative alternative is the decentralized network of physical infrastructure (DePIN). Meson Network, a project in this sector, is gearing up for its ICO on Coinlist. 
Maverick Protocol: The First Dynamic Distribution AMM
The Maverick Protocol emerges as a fresh infrastructure solution tailored for the ever-evolving DeFi environment. It refines liquidity management for providers, harnessing an Automated Market Maker (AMM) model enriched with dynamic distribution capabilities. 
Partnering with Paxos Trust, financial giant PayPal has unveiled PayPal USD (PYUSD), focusing on swift and budget-friendly payments.
With backing from dollar deposits, short-term government securities, and similar cash equivalents, PayPal's CEO, Dan Schulman, envisions the stablecoin bolstering the company's foothold in the digital currency space:
"The vision over time is that this becomes a part of the overall payments infrastructure." 
The legal team at Polygon Labs is advocating for DeFi to be classified as critical infrastructure in the United States, warranting oversight by the Department of the Treasury's Office of Cybersecurity and Critical Infrastructure Protection (OCCIP). 
This collaboration seeks to digitize various sectors, including government services, healthcare, and education. The Google Distributed Cloud (GDC) services will enhance local infrastructure and data processing capabilities, aligning with El Salvador’s vision to become an innovation hub. President Nayib Bukele emphasized the importance of technology and foreign investment for the nation’s development: “Google’s global experience combined with the audacity of El Salvador will redefine the technological landscape.” Verkle Trees: Paving a New Path to Ethereum Decentralization
Ethereum, the frontrunner in smart contract platforms, is preparing for an upgrade that might substantially enhance its decentralization through the use of Verkle trees (distinct from Merkle trees!). This anticipated shift aims to cut down the amount of data essential for the network's infrastructure, making it both more user-friendly and resilient. 
Bitdeer Technologies Group, based in Singapore, has successfully set up an avant-garde bitcoin mining facility in Gedu, Bhutan – a nation recently recognized for its crypto investments.
As the facility approaches the end of its trial run, many of its mining units are already in operation. Reflecting on the progress, Bitdeer's CEO, Linghui Kong remarked:
"We made significant strides on both the operational and infrastructure fronts during July." 
Representing Massachusetts in the U.S. Senate, she's forcefully advocating for immediate steps to plug the gaps in cryptocurrency tax provisions, gaps that are believed to be worth roughly $50 billion.
Warren's argument rests on the Infrastructure Investment Act, which is set to take effect on January 1, 2024. Still, disappointingly, no preliminary guidance has been put forth by the Department of Treasury on this concern.