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The National Development and Reform Commission released the "Action Plan for the Cooperative Development of Artificial Intelligence," proposing eight major actions to promote global AI collaboration

The National Development and Reform Commission officially released the "Action Plan for the Cooperative Development of Artificial Intelligence," aimed at building an open, shared, secure, orderly, and collaboratively governed global artificial intelligence ecosystem. The plan clearly outlines eight core actions, comprehensively promoting deep international cooperation in the AI field from multiple dimensions, including data, computing power, algorithms, talent, and governance. At the foundational level of data and computing power, the action plan emphasizes the need to promote cross-border data flow and build a trustworthy cross-border data space, collaboratively constructing a high-quality corpus; at the same time, it promotes the interconnection of intelligent computing facilities, providing inclusive intelligent computing services to developing countries, and creating low-carbon intelligent computing infrastructure driven by green energy.In terms of industrial empowerment and ecological sharing, the plan encourages the co-construction of an international open-source community for artificial intelligence, promoting the sharing of general large models, basic algorithms, and tool components, and supporting countries in conducting localized innovation based on open-source models. By deepening "Artificial Intelligence +" cooperation, it aims to build a cross-national industrial cooperation platform, promoting the deep application and empowerment of AI technology in fields such as science, manufacturing, healthcare, education, agriculture, and governance. In addition, the plan also proposes the establishment of a joint training mechanism for top digital talent, collaboratively formulating occupational standards and skill certification systems, comprehensively enhancing public literacy, and jointly addressing the structural impacts of AI on employment.Regarding industry rules and technical security, the action plan advocates for the co-construction of rules and standards and collaborative governance for security. All parties will strengthen information sharing on cybersecurity threats and emergency response cooperation, researching ways to enhance the explainability, transparency, and safety of artificial intelligence. Finally, the plan emphasizes adherence to the technological ethics principle of "AI for Good," collaboratively constructing an ethical guideline system dedicated to eliminating algorithmic biases in the forms of racism, discrimination, and others. By promoting international governance cooperation in AI research, it aims to contribute public scientific products to the Global South, effectively serving the United Nations' 2030 Sustainable Development Goals.

Zhipu has acquired AI Infra company Zhongke Jiahe for hundreds of millions, fully addressing the shortcomings in underlying heterogeneous computing power engineering

According to "AI Technology Review," China's leading large model company Zhipu has invested hundreds of millions of yuan to acquire the AI heterogeneous computing power software infrastructure company Zhongke Jiahe. This move aims to completely address Zhipu's shortcomings in underlying engineering and compiler capabilities for large models, in response to the structural shortage of computing power and high-concurrency inference challenges brought about by the explosive growth in user numbers.Zhongke Jiahe's technology originates from the Compiler Laboratory of the Institute of Computing Technology, Chinese Academy of Sciences, founded by Dr. Cui Huimin. Its core team has been deeply involved in the development of compilers for several domestic chips, including Loongson, Sunway, Cambrian, and Huawei Ascend. Zhongke Jiahe's core advantage lies in its virtual instruction set technology, which can unify different brands and models of chip ecosystems through middleware software, assembling scattered domestic chips into a unified ultra-large-scale cluster, thereby significantly improving overall computing power utilization; its SigInfer inference engine is officially claimed to reduce large model inference latency by up to 74 times.Recently, Zhipu's Coding Agent business has experienced explosive growth. The newly released GLM-5.2 large model saw an average daily Token call volume surge 27 times in the first week of its launch on the aggregation platform, leading to the exposure of systemic engineering bottlenecks in its inference infrastructure under high concurrency and long context scenarios. After being placed on the U.S. Entity List, Zhipu has actively promoted domestic alternatives and has now completed inference adaptation for eight major domestic computing power platforms, including Huawei Ascend, PingTouGe, and Moore Threads. The acquisition of Zhongke Jiahe will not only directly improve Zhipu's unit Token inference cost and output quality but will also provide core underlying compiler technology support for its previously rumored self-developed custom AI inference chip plan.

ORANGE JUICE raises $40 million to build a Bitcoin treasury, while South Korea's KB Financial Group establishes a 100 billion won fund for cryptocurrency and AI

According to BBX data, yesterday global traditional capital and financial consortiums intensively disclosed their latest strategies in digital asset treasury construction and Web3 ecosystem investment, with the core dynamics as follows:ORANGE JUICE launches a "real industry blood generation + coin hoarding" dual-wheel strategy: American capital company ORANGE JUICE officially announced the completion of a $40 million financing. The raised funds will be used to establish a holding company that integrates "long-term ownership, operational optimization, and Bitcoin reserves." The company plans to initially acquire stable and profitable American domestic enterprises with annual cash flows between $1 million and $10 million, and clearly stated that the business cash flows generated from these industries will be continuously reinvested for acquisitions or directly supplement its Bitcoin treasury.South Korea's KB Financial Group establishes a 100 billion won cryptocurrency special fund: South Korea's top financial giant KB Financial Group (KRX: 105560) announced the establishment of an AI and digital asset fund with a scale of 100 billion won (approximately $67.29 million). The fund is jointly funded by KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, and KB Life under the group, and managed by KB Investment, focusing on investments in early-stage South Korean cryptocurrency companies, AI models, data reasoning, and on-chain analysis and other underlying technology companies.

The Russian cryptocurrency criminal liability bill has been postponed for review after the election, with a maximum sentence of 7 years in prison

According to Bits.media, Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma of Russia, stated that the second and third readings of the criminal liability bill for illegal cryptocurrency transactions will be postponed until the new State Duma is reviewed. The reason is that the Duma's spring session will end on July 27, and there will be an election recess from August to September, with the Duma election voting ending on September 20. Therefore, the review will not resume until the autumn session at the earliest.The bill completed its first reading in early July, with a maximum penalty of 7 years in prison for organizing illegal cryptocurrency circulation. The relevant penalty provisions are proposed to officially take effect on July 1, 2027. Under the current regulatory framework, Russian citizens can only buy and sell cryptocurrencies through institutions holding a license from the Central Bank of Russia, and P2P and over-the-counter transactions may face criminal liability. Aksakov denied concerns that the bill would affect cryptocurrency exchanges and P2P users, stating that the related worries are "unfounded." Meanwhile, another Russian government initiative to strengthen state control over cryptocurrencies, the "Digital Currency and Digital Rights Law," has also been postponed, with the original timelines for implementation in July and September now missed.
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