CLOUD

The decentralized AI training platform FLock.io has reached a strategic cooperation with Alibaba Cloud, focusing on three major technological directions

ChainCatcher news, the decentralized AI training platform FLock.io officially announces a strategic partnership with Qwen, a leading series of open-source large language models under Alibaba Cloud, marking a deep connection between decentralized AI and blockchain technology within the mainstream AI ecosystem.This collaboration focuses on three major technological breakthroughs:Technological Integration: Combining Alibaba Cloud's centralized infrastructure with FLock.io's decentralized technology to jointly develop domain-specific and general AI models, while promoting the seamless integration of decentralized AI models into centralized platforms.Data Privacy Protection: Exploring the combination of distributed ledger technology and federated learning to address data privacy and sovereignty issues in model training, providing innovative solutions for the secure application of private data.Collaborative Innovation: Through joint research and technological collaboration, creating a more inclusive, scalable, and privacy-preserving AI ecosystem, facilitating the collaborative development of centralized and decentralized AI.As one of the world's leading large language models, Qwen has demonstrated outstanding performance in multiple authoritative benchmark tests and is widely used in natural language processing, content generation, and other fields. Through this collaboration, FLock and Qwen will work together to explore deeper technological integration, maintaining the advantages of high-performance AI models while promoting the practical application of decentralized AI training in a broader range of scenarios, making it more accessible, flexible, and valuable in both centralized and decentralized ecosystems.

4E: Tariff clouds loom, focusing this week on Trump's policy direction and Powell's speech

ChainCatcher news reports that, according to 4E monitoring, the global market has been highly volatile amid the uncertainty of Trump's tariffs and expectations of Fed easing. After a rollercoaster ride, U.S. stocks made a strong rebound last week, with the three major indices achieving their best performance in over a year. The S&P rose a cumulative 5.7%, marking its best weekly performance since November 2023. The Dow increased by 4.95%, and the Nasdaq rose by 7.29%. The index of the seven tech giants surged by 8.95%, with Nvidia standing out, posting a weekly gain of 17.62%.The cryptocurrency market has also been highly volatile. Bitcoin, influenced by the risk-averse sentiment triggered by the tariff war, plummeted to nearly $74,000 at the beginning of the week. However, following Trump's announcement to suspend reciprocal tariffs and release an exemption list, market sentiment improved, and Bitcoin gradually rebounded, surpassing $86,000 at its peak. As of the time of writing, it was at $84,408, with a weekly increase of nearly 7%. Other altcoins also saw significant rebounds, although Ethereum's overall performance remained weak.In the forex market, Trump's aggressive tariffs have weakened the dollar's safe-haven status, causing the dollar index to fall below the 100 mark to its lowest level since 2022, with a weekly decline of 2.9%, marking the largest weekly drop in nearly two years. Oil prices fell for the second consecutive week due to demand concerns; meanwhile, safe-haven demand surged, pushing gold prices to new highs, with spot gold rising a cumulative 6.48% last week.Despite the market rebound last week amid tariff policy easing, Trump's latest statements denying "exemptions" from tariffs indicate that policy uncertainty remains a major risk. U.S. inflation data (CPI and PPI) came in below expectations, and the minutes from the Fed's March meeting suggest that inflation may be more persistent. This week, close attention should be paid to Trump's tariff dynamics and Powell's speeches.
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