ByteDance offers stock to AI team as DeepSeek cuts prices 75%
ByteDance is using special stock incentives to retain AI talent amid poaching concerns, while DeepSeek's permanent price cuts of up to 75% disrupt the market.
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ByteDance is using special stock incentives to retain AI talent amid poaching concerns, while DeepSeek's permanent price cuts of up to 75% disrupt the market.
ByteDance has emerged as Nvidia's largest Chinese customer, making early and large bets on AI infrastructure. The move underscores the intensifying AI talent and infrastructure wars among Chinese tech giants.
ByteDance, Nvidia's largest Chinese customer, is ramping AI infrastructure investments. Meanwhile, MiniMax's M3 model achieves 15.6x faster decoding at 1M tokens, and Armada raises $131M for modular edge data centers.
Senator Elizabeth Warren opposes OCC charters for crypto firms like Ripple and Coinbase, calling them unlawful. The crypto industry defends the charters amid stablecoin regulation debates.
SK Hynix surged over 250% this year, pushing its market cap above $1 trillion, as AI demand drives a semiconductor rally. Analysts say the boom is only halfway done.
Manuel Ar¨¢oz, co-founder of OpenZeppelin, declares all DeFi unsafe after nearly $630 million was stolen in April 2026, the worst month since Bybit's $1.5B hack. Bitcoin struggles while AI tokens surge.
Minneapolis Fed President Neel Kashkari says the Fed must focus on containing inflationary risks, citing a persistent 'inflationary shockwave' from the Middle East war. Markets are pricing in a chance of a rate hike in O
The Federal Reserve kept rates steady at 3.75% in April 2026, with new Chair Kevin Warsh under hawkish pressure amid Iran War inflation fears. CME FedWatch shows near 100% probability of a hold at the June 16-17 meeting.
The Federal Reserve, born from a secret 1910 meeting, now pays banks $168 billion annually in interest on reserves, while running a $114 billion loss in 2023.
Citadel Securities argues the Fed should hike rates as inflation persists above the 2% target. Fed minutes show majority warn of rate hikes if inflation remains high.
ByteDance is offering special stock incentives to its AI team to combat poaching, while becoming Nvidia's largest Chinese customer with early, large bets on AI infrastructure.
ByteDance is granting special stock to its AI team to retain talent as rivals poach staff. The company has become Nvidia's largest Chinese customer after early bets on AI infrastructure.
Researchers removed safety guardrails from Meta and Google AI models in minutes, highlighting fragility. Meanwhile, JVP exited DealHub at over 6x return.
Xunce launched TokenONE, the first TokenOS, enabling AI models to directly invoke enterprise data as tokens. The vertical-domain token pricing ranges from $10 to $100 per million tokens, aiming to boost gross margins fro
Xunce launched TokenONE, the first TokenOS, on May 25, 2026, pricing data tokens at $10–100 per million—over ten times the cost of general-purpose AI models.
Xunce (3317.HK) launched TokenONE, the world's first TokenOS, on May 25, 2026. It enables enterprise data to be directly invoked by AI models as data Tokens, targeting a 20-30% reduction in data governance costs by end o
Xunce launched TokenONE, the first TokenOS, enabling enterprise data as AI tokens. Priced at $10-100 per million tokens, it aims to lift gross margins from 10-20% to 20-30% by end of 2026.
The UK sanctioned 18 entities including Huobi (HTX) and a ruble stablecoin issuer for aiding Russia's sanctions evasion, marking the first use of banking-style Regulation 17A against crypto exchanges.
Taiwan Semiconductor (TSM) and Seagate Technology surge as AI demand drives memory stock gains, while Nvidia's $5tn market value underscores the reshuffling. TSM boasts a 62.14% gross margin and low 18.58% debt-to-equity
Schwab is offering crypto to its 38 million users, while bitcoin surged past $78,000 after Trump's Iran ceasefire. Institutional adoption accelerates.
The Federal Reserve paid banks over $168 billion in interest on reserves in 2024, contributing to a $114 billion loss and halting payments to the Treasury.
The Federal Reserve paid banks $116 billion in interest on reserves in 2023, plus $62 billion on repos, up from $5.5 billion in 2021. Critics say the payments create a conflict of interest as banks are shareholders of re
The Federal Reserve kept rates unchanged at its April 2026 meeting, but new Chair Kevin Warsh hinted at potential hikes later this year amid inflation concerns from the Iran war.
The Federal Open Market Committee's rotating seats change each January, with four regional bank presidents gaining voting power. In 2021, the Fed paid $5.5 billion in interest on reserves, soaring to $116 billion by 2023