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OpenAI: A Money-Burning Giant, Profitability Remains Elusive
OpenAI: A Money-Burning Giant, Profitability Remains ElusiveAs the developer of ChatGPT, OpenAI has quickly become one of the fastest-growing companies in history, but it also faces immense operating cost pressure. According to internal financial data and industry analysts, OpenAI could lose up to $5 billion this year...
Industry dynamics 2024-08-04 10:16:14 -
NIO Unveils SkyOSTianzhu, the First Full-Vehicle Operating System, Ushering in a New Era for Smart Cars
NIO Unveils SkyOSTianzhu, the First Full-Vehicle Operating System, Ushering in a New Era for Smart CarsOn July 27, NIO officially released SkyOSTianzhu, its first full-vehicle operating system, marking a new chapter in the automotive industry's transition to an operating system era. Wang Qiyan, Vice President of NIO's Digital Systems, stated that SkyOSTianzhu, developed over four years with an investment exceeding 23,000 person-months, is the world's first true full-vehicle operating system...
Industry dynamics 2024-08-04 10:15:52 -
Bitcoin Drops Below $60,000, Hitting a Seven-Week Low
Bitcoin Drops Below $60,000, Hitting a Seven-Week LowAugust 17, Beijing Time - Bitcoin prices continue to decline, breaking below the $60,000 mark and hitting a new low since July 14. As of press time, Bitcoin is trading at $59,661, down 2...
Blockchain 2024-08-04 10:11:21 -
The AI Wave Sweeps Over the Banking Industry: Opportunities and Challenges Coexist
The AI Wave Sweeps Over the Banking Industry: Opportunities and Challenges CoexistBy Zhang Hong and Li Yuwen, Editors: Ma Ziqing"The number of banking jobs that AI might replace could be greater than in any other sector." According to a recent report by Citigroup, about 54% of jobs in the US banking industry are potentially automatable, and a further 12% can be enhanced through AI...
Blockchain 2024-08-04 10:09:57 -
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"This week, the tech stock market experienced a dramatic roller coaster ride, with AI frontrunner Nvidia at the heart of the "frenzy." On Tuesday, Nvidia's stock price plunged by 7%, but the next day it surged nearly 13%, adding a staggering $330 billion to its market value...
Blockchain 2024-08-04 10:09:38 -
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending Spree
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending SpreeThis week, tech giants have been caught in a whirlwind of AI investment-driven drama. Nvidia's stock price has been on a rollercoaster ride, plummeting 7% on Tuesday, only to soar nearly 13% the next day, adding $330 billion to its market cap and sending other tech stocks on a similar wild ride...
Blockchain 2024-08-04 10:08:48 -
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 Liquidations
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 LiquidationsAmidst heightened global tensions, risk assets have faced a sell-off, and Bitcoin has not been spared. In the past 24 hours, Bitcoin's price plummeted from $66,700 to below $63,000, representing a decline of nearly 3%...
Blockchain 2024-08-04 10:08:26 -
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for Clients
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for ClientsAmong traditional financial institutions on Wall Street, Morgan Stanley is the first to open investment channels for Bitcoin exchange-traded funds (ETFs) to its clients. On Friday, August 2nd, the global wealth management giant announced that starting August 7th, its approximately 15,000 financial advisors will be authorized to recommend Bitcoin ETFs to eligible clients...
Blockchain 2024-08-04 10:08:02 -
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMB
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMBOn July 31, the People's Bank of China Beijing Branch and the State Administration of Foreign Exchange Beijing Branch jointly held a press conference to announce the financial statistics of Beijing in the first half of 2024 and introduce the progress of the "Five Major Articles" in the financial field. Among them, Yu Jian, director of the Monetary Credit Management Division of the People's Bank of China Beijing Branch, elaborated on the relevant measures in promoting the construction of the capital's digital financial ecosystem...
Blockchain 2024-08-04 10:07:07 -
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure Transactions
RenDong Holdings Receives Patent for Digital Currency Identity Credentials, Empowering Secure TransactionsOn July 23, 2024, according to Tianyancha information, RenDong Holdings Co., Ltd...
Blockchain 2024-08-04 10:06:06 -
Shandong University of Technology Software Acquires Patent for "Blockchain Node Upgrade System and Method for Avoiding Blockchain Forking"
Shandong University of Technology Software Acquires Patent for "Blockchain Node Upgrade System and Method for Avoiding Blockchain Forking"On July 19, 2024, financial news reported that Tianyancha Intellectual Property Information showed that Shandong University of Technology Software Co., Ltd...
Blockchain 2024-08-04 00:10:49 -
Bitcoin Plunges Again, Breaking Below $62,000, Other Cryptocurrencies Also Decline
Bitcoin Plunges Again, Breaking Below $62,000, Other Cryptocurrencies Also DeclineOn August 3rd, Beijing time, Bitcoin prices experienced another significant drop, breaking through $63,000 and $62,000 consecutively. As of 10:40 am that day, Bitcoin was trading at $61,353, down 4...
Blockchain 2024-08-04 00:10:18
