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SEC Drops Case Against Winklevoss-Founded Gemini

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The U.S. Securities and Exchange Commission has agreed to dismiss its enforcement case against cryptocurrency exchange Gemini, founded by billionaire twins Tyler Winklevoss and Cameron Winklevoss, after investors in its lending programme recovered their assets in full.

The SEC and Gemini filed a joint stipulation in federal court in Manhattan on Friday, citing the complete return of crypto assets to Gemini Earn investors through the Genesis Global Capital bankruptcy process between May and June 2024.

In 2023, the SEC charged Genesis and Gemini Trust Company with illegally selling securities via the Gemini Earn programme, which allowed customers to lend crypto assets to Genesis in exchange for interest. At its peak, the programme held about $940 million in assets before Genesis froze withdrawals in November 2022.

Unlike several crypto firms that collapsed after the 2022 market downturn, Genesis ultimately returned customers’ crypto in kind rather than liquidating assets and paying cash. The SEC said this full recovery made dismissal of the claims appropriate, while stressing the decision does not set a precedent for other cases.

The move reflects a broader shift in U.S. crypto enforcement under President Donald Trump, who has pledged a more industry-friendly regulatory approach. Gemini did not immediately comment on the dismissal.

Google Launches Multiple Open-Source Translation Models Following ChatGPT Translate

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Google launches open AI translation models challenging ChatGPT Translate

Google has continued its aggressive push in the artificial intelligence (AI) space in 2026. Following a series of initiatives including a partnership with Apple, the launch of new shopping tools, the introduction of Personal Intelligence in Gemini, and the integration of a chatbot into its Trends website, the company is now focusing on the open community. Its latest move comes with the release of TranslateGemma, a set of multilingual AI models designed for translation across a wide range of languages, supporting both text and image (input only) modalities.

In a recent blog post, Google announced three different variants of the TranslateGemma models. These AI models are available for download through Google’s Hugging Face listing and Kaggle, and can also be accessed via Vertex AI, the company’s cloud-based AI hub. Google has released the models under a permissive licence, enabling both academic and commercial use cases, which encourages broader adoption and experimentation by developers and enterprises alike.

The TranslateGemma models come in three sizes: 4B, 12B, and 27B parameters. The smallest, 4B model, is optimized for mobile and edge deployment, while the 12B variant targets consumer laptops, balancing performance and efficiency. The largest, 27B model, provides maximum translation fidelity and can run locally on a single Nvidia H100 GPU or TPU, making it suitable for high-demand environments and research applications.

With this release, Google is aiming to democratize AI-powered translation and provide the developer community with robust, versatile tools. By making TranslateGemma models open-source and easy to deploy across different devices, Google is reinforcing its commitment to accessible AI and strengthening its position in the multilingual AI ecosystem. The move also highlights the growing importance of translation technology in enabling global communication and cross-cultural collaboration.

Jio Launches Free Google AI Pro Subscription for All Ages – Here’s How to Claim

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What is Google AI Mode? • Yoast

Reliance Jio has started offering an 18-month free subscription to Google AI Pro for its users, expanding access beyond the initial 18–25 age group. The Indian telecom giant had announced its partnership with Google last week, promising free access to Gemini for a year and a half. While the initial rollout targeted younger users, the company has now made the offer available to all age groups, allowing a wider audience to experience the premium AI features.

To claim the free subscription, users must have an active Jio SIM card with an unlimited 5G plan. Once this basic requirement is met, users can follow a simple process via the MyJio app. From the app’s home page, tap the “Early access” banner, select Claim now, open the prompted web page, review the plan details, and tap “Agree” at the bottom. After completing these steps, users can open the Gemini app to confirm their Pro subscription status.

The Google AI Pro subscription provides several benefits compared to the free tier. Normally priced at Rs. 1,950 per month, the plan grants extended access to the Gemini 2.5 Pro AI model, along with enhanced functionalities such as image generation via Nano Banana and Deep Research capabilities. These features are not available to free-tier users, giving Pro subscribers a more advanced and versatile AI experience.

By offering this free subscription, Jio aims to provide its users with a chance to explore the full potential of AI-powered tools, whether for learning, content creation, or research. The partnership with Google demonstrates Jio’s commitment to technology accessibility and its effort to bring cutting-edge AI innovations to a broader audience across India.