Industry experts say that the release of R2 could become a watershed in the AI industry, and DeepSeek's cost-effective approach could break the monopoly of giants and inspire global enterprises to accelerate innovation.
The United States is seeking to lower bond yields, but analysis shows that there is simply no silver bullet. Click to view...
Argentine President Navi Millet arrived in the US capital on Thursday seeking a respite from the cryptocurrency turmoil that continues to this day, nearly a week after he launched a Meme coin on the X platform and caused its price to skyrocket. The planned visit to the US was well timed and helped Millet refocus on his economic achievements in the political Moments. He plans to meet with Musk, will give a speech at the Conservative Political Action Conference, and he will also meet with the head...
According to sources, the White House is seeking to renegotiate funding for the chip bill.
Franklin Templeton Investments said it was seeking regulatory approval to launch a new crypto index ETF. Several companies have applied to approve ETFs for cryptocurrencies other than Bitcoin and Ethereum, such as SOL and XRP, which are still pending. Franklin Templeton said in a regulatory filing: "The fund may not currently hold any digital assets other than BTC and ETH. It is uncertain whether additional digital assets will be added to the underlying index in the future."
On January 31st, the Wall Street Journal reported that OpenAI is in early talks for a large-scale funding round, valuing the company at $340 billion, more than double what it was in October last year. The ChatGPT maker is discussing a funding round of up to $40 billion. This follows reports that SoftBank Group is considering investing between $15 billion and $25 billion in OpenAI. OpenAI and other top artificial intelligence companies have committed billions of dollars in data, talent and physic...
Several US officials responded to DeepSeek's impact on the US, saying it was a "theft" and that a national security investigation into its impact was underway. Just a day earlier, US President Donald Trump had called DeepSeek a very positive technological achievement. (Financial Associated Press)
It is time for two asset managers to test how "friendly" the new SEC leadership is to the crypto community as they seek to launch ETFs linked to the Trump meme.
Market news: The Netherlands seeks to cut capacity at Amsterdam Airport by 4.4%.
Some traders are already seeking to hedge against the risk of a deeper correction in bitcoin.
On December 5th, the reporter learned from the Supreme People's Procuratorate today (5th) that the Supreme People's Procuratorate recently formulated and issued the "Opinions on Comprehensively Deepening Procuratorial Reform and Further Strengthening Procuratorial Work in the New Era". The "Opinions" deployed a series of procuratorial measures to serve the construction of a high-level socialist market economic system. Among them, it is required to "prevent and correct the use of criminal means t...
Singapore's Gulf Bank is seeking to raise at least $50 million in a funding round and plans to buy a stablecoin payments company next year, according to people familiar with the matter. The start-up bank, founded by Singapore family office Whampoa Group and licensed in Bahrain since February, is in talks with Middle Eastern sovereign wealth funds and other investors to sell a stake of less than 10 percent by early 2025, who spoke on condition of anonymity because the matter is being done private...
According to Bloomberg, citing sources, Cantor Fitzgerald is seeking Tether's support for a multibillion-dollar lending program. The program would allow customers to borrow dollars using bitcoin as collateral. The initial funding is set at $2 billion and is expected to expand to tens of billions of dollars. Tether has already partnered with Cantor Fitzgerald through an escrow service. In addition, according to the Wall Street Journal, Cantor acquired a 5% stake in Tether worth about $600 million...
Tesla rose more than 5 per cent in premarket trading after news that Mr. Trump might seek to ease restrictions on autonomous cars and Mr. Musk was laying out "fully driverless".
According to the Financial Times, Trump's advisers have sought assurances from leading candidates for Treasury secretary that they are committed to Trump's comprehensive tariff plan, according to people familiar with the matter.