7*24

Hot topic

Market

Activities

On May 9, just weeks after Elon Musk's company secured an acquisition option for the coding startup for $60 billion, Cursor has begun to gradually exert influence within the AI department of SpaceX. According to two insiders, Cursor employees have visited the xAI office to meet with internal staff and discuss work matters. The insiders noted that this was followed by a series of employee departures from xAI, with layoffs occurring last Friday. One insider indicated that the layoffs affected about 10 employees from various teams involved in the development of the Grok large model. Another insider revealed that as of last fall, the xAI research team had about 200 members, but there is currently no precise information on the total number of employees. Recent departures from xAI also include Devendra Chaplet, a founding member of Mistral AI and Thinking Machines Lab, who was considered a significant talent when he joined xAI in March, reporting directly to Musk. Insiders stated that he left the company after only about a month. In recent weeks, employees responsible for the data center operations at xAI have also faced layoffs.

[xAI Layoffs Approximately 10 Employees, Recent Departures Include Mistral AI Founding Member]On May 9, just weeks after Elon Musk's company secured an acquisition option for the coding startup for $60 billion, Cursor has begun to gradually exert influence within the AI department of SpaceX. According to two insiders, Cursor employees have visited the xAI office to meet with internal staff and discuss work matters. The insiders noted that this was followed by a series of employee departures from xAI, with layoffs occurring last Friday. One insider indicated that the layoffs affected about 10 employees from various teams involved in the development of the Grok large model. Another insider revealed that as of last fall, the xAI research team had about 200 members, but there is currently no precise information on the total number of employees. Recent departures from xAI also include Devendra Chaplet, a founding member of Mistral AI and Thinking Machines Lab, who was considered a significant talent when he joined xAI in March, reporting directly to Musk. Insiders stated that he left the company after only about a month. In recent weeks, employees responsible for the data center operations at xAI have also faced layoffs.

xAI Layoffs Approximately 10 Employees, Recent Departures Include Mistral AI Founding Member

On May 9, Friday (May 8), at the New York close (Saturday Beijing time 04:59), the offshore RMB (CNH) was quoted at 6.7971 against the USD, rising 116 points from Thursday's New York close, with intraday trading ranging between 6.8099 and 6.7955.

[Offshore RMB Against USD Rises 116 Points from Thursday's New York Close]On May 9, Friday (May 8), at the New York close (Saturday Beijing time 04:59), the offshore RMB (CNH) was quoted at 6.7971 against the USD, rising 116 points from Thursday's New York close, with intraday trading ranging between 6.8099 and 6.7955.

Offshore RMB Against USD Rises 116 Points from Thursday's New York Close

On May 9, Trump Media Technology Group reported assets of $2.2 billion for the first quarter. The company generated $900,000 in revenue, with a net loss of $405.9 million and an adjusted EBITDA loss of $387.8 million. The operating cash flow for the first quarter was $17.9 million.

[Trump Media Technology Group Reports $2.2 Billion in Assets for Q1]On May 9, Trump Media Technology Group reported assets of $2.2 billion for the first quarter. The company generated $900,000 in revenue, with a net loss of $405.9 million and an adjusted EBITDA loss of $387.8 million. The operating cash flow for the first quarter was $17.9 million.

Trump Media Technology Group Reports $2.2 Billion in Assets for Q1

On May 9, the Federal Reserve stated in a financial stability report released on Friday that the stability risks posed by further private credit redemption requests appear to be 'limited and manageable' following recent actions by some well-known companies in the market to prevent investors from withdrawing funds from their affiliated funds. The Federal Reserve noted, 'Although outflows from these funds slightly exceeded new inflows in the first quarter of 2026, redemption requests remain manageable.' It pointed out that ongoing redemptions and negative sentiment could lead to a reduction in credit availability for certain borrowers, particularly those with relatively higher credit risks. Private credit has seen explosive growth since the 2008 financial crisis but is currently facing challenges as some funds encounter record redemption requests. Media reports previously indicated that following the surge in these requests, the Federal Reserve had inquired with major U.S. banks about their exposure to private credit risks. Meanwhile, the Trump administration's top regulatory agency is seeking to ease rules on large Wall Street lending institutions, partly to help traditional lenders compete better with non-bank companies.

[Federal Reserve Financial Stability Report: Risks from Private Credit Redemptions 'Manageable']On May 9, the Federal Reserve stated in a financial stability report released on Friday that the stability risks posed by further private credit redemption requests appear to be 'limited and manageable' following recent actions by some well-known companies in the market to prevent investors from withdrawing funds from their affiliated funds. The Federal Reserve noted, 'Although outflows from these funds slightly exceeded new inflows in the first quarter of 2026, redemption requests remain manageable.' It pointed out that ongoing redemptions and negative sentiment could lead to a reduction in credit availability for certain borrowers, particularly those with relatively higher credit risks. Private credit has seen explosive growth since the 2008 financial crisis but is currently facing challenges as some funds encounter record redemption requests. Media reports previously indicated that following the surge in these requests, the Federal Reserve had inquired with major U.S. banks about their exposure to private credit risks. Meanwhile, the Trump administration's top regulatory agency is seeking to ease rules on large Wall Street lending institutions, partly to help traditional lenders compete better with non-bank companies.

Federal Reserve Financial Stability Report: Risks from Private Credit Redemptions 'Manageable'

RSS3 fluctuated by 79.97% within 24 hours, current price $0.010701

【RSS fluctuations over 50% in 324 hours!】RSS3 fluctuated by 79.97% within 24 hours, current price $0.010701

RSS fluctuations over 50% in 324 hours!

On May 9, sources revealed that the Trump administration is preparing to order US agencies to collaborate with artificial intelligence companies to protect networks from AI-driven cyberattacks, but this directive will not require cutting-edge models to receive government approval. According to insiders, a draft executive order from President Trump will amend the existing cybersecurity information-sharing program to include AI companies and address threats posed by emerging technologies. These changes are expected to facilitate the identification and remediation of vulnerabilities in federal, state, and local networks, as well as critical infrastructure in the US, without the need for new regulations on AI models. It remains unclear when Trump will sign this measure, and it may still undergo changes.

[US Plans to Issue AI Safety Executive Order Without Mandatory Model Testing]On May 9, sources revealed that the Trump administration is preparing to order US agencies to collaborate with artificial intelligence companies to protect networks from AI-driven cyberattacks, but this directive will not require cutting-edge models to receive government approval. According to insiders, a draft executive order from President Trump will amend the existing cybersecurity information-sharing program to include AI companies and address threats posed by emerging technologies. These changes are expected to facilitate the identification and remediation of vulnerabilities in federal, state, and local networks, as well as critical infrastructure in the US, without the need for new regulations on AI models. It remains unclear when Trump will sign this measure, and it may still undergo changes.

US Plans to Issue AI Safety Executive Order Without Mandatory Model Testing

On May 9, Chicago Fed President Goolsbee stated that all rate options are currently under consideration, not just rate cuts. At the end of April, the Fed kept rates unchanged, with three officials opposing the language in the statement that suggested a possible rate cut, advocating for retaining the possibility of rate hikes. Goolsbee's remarks reflect a shift among Fed policymakers, who are no longer considering imminent rate cuts, primarily due to inflationary pressures from energy price shocks caused by the Iran war. He reiterated that both rate cuts and hikes are on the table and expressed concern about inflation, noting that there are price pressures beyond just energy shocks.

[Fed's Goolsbee: All Rate Options Under Consideration]On May 9, Chicago Fed President Goolsbee stated that all rate options are currently under consideration, not just rate cuts. At the end of April, the Fed kept rates unchanged, with three officials opposing the language in the statement that suggested a possible rate cut, advocating for retaining the possibility of rate hikes. Goolsbee's remarks reflect a shift among Fed policymakers, who are no longer considering imminent rate cuts, primarily due to inflationary pressures from energy price shocks caused by the Iran war. He reiterated that both rate cuts and hikes are on the table and expressed concern about inflation, noting that there are price pressures beyond just energy shocks.

Fed's Goolsbee: All Rate Options Under Consideration

On May 8, U.S. President Trump stated on social media that Russia and Ukraine will begin a three-day ceasefire starting May 9, during which both sides will exchange 1,000 prisoners of war. The ceasefire date mentioned by Trump differs from the previously announced ceasefire arrangements by both Russia and Ukraine. (Xinhua News Agency)

[Trump Announces Three-Day Ceasefire and Prisoner Exchange Between Russia and Ukraine Starting May 9]On May 8, U.S. President Trump stated on social media that Russia and Ukraine will begin a three-day ceasefire starting May 9, during which both sides will exchange 1,000 prisoners of war. The ceasefire date mentioned by Trump differs from the previously announced ceasefire arrangements by both Russia and Ukraine. (Xinhua News Agency)

Trump Announces Three-Day Ceasefire and Prisoner Exchange Between Russia and Ukraine Starting May 9

On May 9, market news reported that the anonymous account ZachXBT has long been exposing cross-chain bridge hackers and exit scams within the crypto community. His 'leak alerts' prior to report releases often trigger short-term crashes in related tokens. On-chain monitoring data indicates that certain addresses synchronize short positions or borrow tokens around the time of these alerts, leading to rapid price fluctuations. Additionally, records from ZachXBT's personal wallet show that he has received airdrops and liquidity tokens, which he later cashed out, sparking discussions within the community about the standards of his actions and the impact of his information. The industry is beginning to reflect on the need for clarity regarding the market role and code of conduct for anonymous detectives in a regulatory framework-deficient on-chain world.

[Market Attention on ZachXBT's Actions: Controversy Over Alerts and Wallet Operations]On May 9, market news reported that the anonymous account ZachXBT has long been exposing cross-chain bridge hackers and exit scams within the crypto community. His 'leak alerts' prior to report releases often trigger short-term crashes in related tokens. On-chain monitoring data indicates that certain addresses synchronize short positions or borrow tokens around the time of these alerts, leading to rapid price fluctuations. Additionally, records from ZachXBT's personal wallet show that he has received airdrops and liquidity tokens, which he later cashed out, sparking discussions within the community about the standards of his actions and the impact of his information. The industry is beginning to reflect on the need for clarity regarding the market role and code of conduct for anonymous detectives in a regulatory framework-deficient on-chain world.

Market Attention on ZachXBT's Actions: Controversy Over Alerts and Wallet Operations

FHE fluctuated by 50.12% within 24 hours, current price $0.04942

【FHE fluctuated over 50% in 24 hours!】FHE fluctuated by 50.12% within 24 hours, current price $0.04942

FHE fluctuated over 50% in 24 hours!

美国RWA是如何攻克房地产、固定收益与供应链金融难题的

AI抢走了你的内存条

硅谷大厂的AI“含金量”开始分级

对话a16z Crypto：AI替你购物的时代，会变成什么样？

Bitcoin 2026大会洞察：挖矿衰落，AI崛起，一场结构性大迁徙

Sam Altman最新专访自白：其实我也不太懂AI内部在发生什么

对话Dragonfly合伙人：散户离场机构兜底，今年加密货币波动性难超美股

XRP Power Play: SBI Holdings Submits LOI To Acquire Bitbank In Major Asia Move

一周代币解锁：ENA解锁价值约1700万美元代币

This Week In Bitcoin: Top Developments That Could Signal A New Era

Article

SYND fluctuated over 50% in 24 hours!

FHE fluctuated over 50% in 24 hours!

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

Related Articles

All Comments0LatestHot

Trending Topics

Related Articles