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Today on “The Intelligence”: the persistent confusion surrounding a potential Iran deal, agentic AI comes to China’s superapps, and how to solve the great ski-resort grouse mystery
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Also on the daily podcast: agentic AI comes to China’s superapps and solving the great ski-resort grouse mystery
Growing up in China, then moving to the States, I get asked about Superapps constantly by international friends. It sounds grand and obvious. My answer is always the same: it's not that easy! Every superapp starts as one genuinely indispensable app. Let’s use WeChat as an example: 2011: Messaging (core chat) 2012: Moments (social timeline) 2013: WeChat Pay (payments) 2014: Red Packets (红包), arguably the single most important product moment in WeChat's history. Launched during Chinese New Year, it went viral overnight and onboarded hundreds of millions of users onto WeChat Pay in weeks. Tencent later called it a "Pearl Harbor attack" on Alibaba's Alipay dominance. 2015: WeChat Pay expanded into offline retail broadly. 2016: Enterprise WeChat 2017: Mini Programs, which allowed third-party apps to run natively inside WeChat without users downloading anything. 2020: Channels (short video, direct response to Douyin/TikTok's dominance.) 2022+: Deeper Channels integration, live commerce, search ambitions It's the heaviest app on my phone and i'm forever grateful that it exists so i can send silly photos to my parents when I was roaming around the world. Never forget that building the initial core product sets the foundation for everything that comes after
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During #BinanceOnline#, CZ shared his insights and He said: “You may think a stablecoin is just a simple stablecoin, but it is actually financial access for millions of people in different parts of the world.” My POV: @cz_binance always makes every detail count🫡 If you know what #BNB# stands for in full, you already understand the message behind this background🔶💛 Build N Build is the mission🔶 #SuperApp# #CZ#
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This Week in the Virtuals Ecosystem 🟩 VIRTUALS 🟩 $VIRTUAL spot trading is live on @HyperliquidX 🟩 $VIRTUAL is coming to @coinbase 🟩 Korea's first @base Agent Hackathon took place this week in Seoul with support from @daehan_base. Builders shipping with ACP and x402 all day. 🟩 Degenclaw AI trading competition pot upped to $200,000 a week. 🟩 Prediction markets prototype with unified liquidity is live at 🟩 Co-founder @everythingempty joined The Breakdown to discuss whether AI can actually trade crypto, Degen Claw results, and why specialization wins. ECOSYSTEM 🟩 @OpenGradient launches on Titan with our first deployment on @PancakeSwap as an avenue for liquidity bootstrapping. $OPG airdrop for Virtuals holders and buyers. 🟩 @reppo secured $20M in strategic capital from Bolts Capital to expand its prediction market-powered AI data network. $REPPO listed on Kraken. 🟩 @sibylcap integrated @AskVenice into their stack. Bulk extraction, classification and summarization now route to cost-efficient models while Claude handles judgment, voice and advisory. 🟩 @ArAIstotle dropped a simplified staking structure with lower entry points and same 5%+ APY. Truth Terminal access included or subscribe from $7.99/month. 🟩 @FlagshipFYI released a teaser for their SuperApp launching April 29. The app delivers real-time AI-generated trading signals across any token and any chain, with one-tap execution and live P&L tracking. Currently in private beta for $FYI holders. 🟩 @Vader_AI_ launched model infrastructure for Physical AI. It connects protocol-sourced physical data with robotics-specific training pipelines and evaluation environments so partners can train and validate embodied models at scale. 🟩 @useOttoAI upgraded "Suggest A Trade" big time. Now generates ideas across crypto perps, US stock perps (TSLA, NVDA, AAPL and more), and commodity perps (Gold, Oil, NatGas) on Hyperliquid, with news-reactive short-term plays and one-click execution. Agents keep shipping. See you next week.
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Three products killed in seven days. That's the number that tells you where OpenAI actually is right now. Monday: Instant Checkout scrapped. Only 12 Shopify merchants ever went live. Walmart said conversion rates inside ChatGPT were 3x lower than on their own site. Six months of "agentic commerce" produced almost nothing. Tuesday: Sora shut down entirely. Disney's $1 billion investment collapsed before any money changed hands. Their teams were working on Sora projects Monday evening and got blindsided by the announcement 30 minutes later. Downloads had already fallen 32% month over month by December. Thursday: Erotic chatbot shelved indefinitely. Internally called "Citron mode." They couldn't train models that previously avoided explicit content to reliably exclude illegal behavior. A senior employee quit over it. Their age-verification system has a 10%+ error rate. Now look at the financials behind these decisions. OpenAI hit $25 billion in annualized revenue in February. They're projecting $14 billion in losses for 2026 and $17 billion in cash burn. The IPO is targeting Q4 2026 at an $840 billion valuation. They need to file an S-1 in months. Every one of these killed products was a liability on that S-1. E-commerce checkout with no tax compliance infrastructure. A video app burning compute with falling downloads. An adult chatbot while the FTC is investigating AI harm to minors and Meta just got hit with $375 million in a child exploitation case. This is what pre-IPO cleanup looks like at $840 billion. You kill everything that creates a headline risk, consolidate into a "superapp" that combines ChatGPT, Codex, and Atlas, and pray the coding market is big enough to justify 65x revenue. The Pentagon contract was the tell. OpenAI rushed a $200 million defense deal the same day Anthropic got blacklisted, admitted it was sloppy, then spent a week rewriting the terms. That's a company optimizing for one thing: making the investor deck look inevitable before the roadshow starts.
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Why choose one market... ...when you can access them all in one place? Welcome to the Financial Super App. 🫡
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Most apps help you do one thing. A financial super app helps you do everything. Pre-IPO Perps Stocks Tokenized Stocks (bStocks) Spot Futures Margin Options Alpha Wallet Pay Card Chat Earn P2P Fiat Gateway Launchpool Megadrop HODLer Airdrops Simple Earn Loans Mining Pool VIP Program Institutional Infrastructure Research Academy Square Crypto-as-a-Service OMS Toolkit And we're just getting started.
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Tata’s unlisted new businesses have little to show for the amounts lavished on them. Air India, the national flag-carrier privatised in 2022, is making heavy losses. Tata Digital, a super-app selling Tata’s consumer range, is being scaled back
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Binance has been named to the inaugural @FortuneMagazine Crypto 100 in the CeFi category. Over 320M users today. 3 billion tomorrow. Building the world's financial super app. One milestone at a time. 🏆 Find out more ⤵️
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