On September 13, market observers noted that Anthropic executives' call to slow down technological development could temporarily weigh on chip manufacturers and supply chain stocks. However, the long-term impact may be limited as spending on computing infrastructure remains robust. Semiconductor manufacturers and other AI-related stocks may be among the first to face initial sell-offs on Monday, as investors assess whether a more cautious approach to developing advanced models will dampen profits. Nonetheless, given that demand for chips, energy, and computing power continues to exceed supply, any weakness is likely to be short-lived. Investors, including Gary Tan, a portfolio manager at Allspring Global Investments in Singapore, expressed skepticism about the potential for lasting effects on the industry. While this may create some short-term pressure, it is unlikely to derail long-term AI investments. The development of AI is still in a relatively early stage, and it remains uncertain whether other parts of the ecosystem are willing to accept the current hierarchy and slow down, especially as technology continues to evolve rapidly.
On September 13, market observers noted that Anthropic executives' call to slow down technological development could temporarily weigh on chip manufacturers and supply chain stocks. However, the long-term impact may be limited as spending on computing infrastructure remains robust. Semiconductor manufacturers and other AI-related stocks may be among the first to face initial sell-offs on Monday, as investors assess whether a more cautious approach to developing advanced models will dampen profits. Nonetheless, given that demand for chips, energy, and computing power continues to exceed supply, any weakness is likely to be short-lived. Investors, including Gary Tan, a portfolio manager at Allspring Global Investments in Singapore, expressed skepticism about the potential for lasting effects on the industry. While this may create some short-term pressure, it is unlikely to derail long-term AI investments. The development of AI is still in a relatively early stage, and it remains uncertain whether other parts of the ecosystem are willing to accept the current hierarchy and slow down, especially as technology continues to evolve rapidly.
On September 13, Iranian Foreign Minister Amir-Abdollahian stated in an interview that a meeting in Oman on the 14th will focus on a new maritime route within the Strait of Hormuz. Iran will present the details of the agreements reached with Oman and the roadmap for the new route to the participating countries. Amir-Abdollahian emphasized that the agreement with Oman does not mean that the Strait of Hormuz will be reopened. The reopening of the strait by Iran is contingent upon the United States fulfilling its commitments made in the 'Islamabad Memorandum of Understanding.' (CCTV News)
On September 13, Iranian Foreign Minister Amir-Abdollahian stated in an interview that a meeting in Oman on the 14th will focus on a new maritime route within the Strait of Hormuz. Iran will present the details of the agreements reached with Oman and the roadmap for the new route to the participating countries. Amir-Abdollahian emphasized that the agreement with Oman does not mean that the Strait of Hormuz will be reopened. The reopening of the strait by Iran is contingent upon the United States fulfilling its commitments made in the 'Islamabad Memorandum of Understanding.' (CCTV News)
On September 13, South Korea's government proposal for the Digital Asset Basic Law entered the final window of this month. The Financial Services Commission originally planned to submit the legislative proposal by Chairman Yoo Dong-soo of the National Assembly's Political Affairs Committee within this month, but the schedule has been postponed. The ruling party plans to hold a hearing as scheduled later this month, but if the government proposal is not submitted, the hearing may become a repetition of previous discussions. If the deadline is missed this month, the final approval may be delayed until the first half of next year due to the overlapping impact of the National Assembly's oversight in October and the budget review. The Democratic Party of Korea has also proposed an amendment to the Capital Markets Act, aiming to allow non-monetary assets such as real estate, artwork, and intellectual property to be issued as trust income securities, which is expected to be discussed in the National Assembly's Political Affairs Committee's bill subcommittee on September 15. Additionally, there are calls to reconsider the timeline for taxing virtual assets in January next year, as information from on-chain wallets, airdrops, and hard forks is difficult to automatically connect with tax authorities, and it is suggested to raise the basic deduction amount and introduce loss carryforward deductions.
On September 13, South Korea's government proposal for the Digital Asset Basic Law entered the final window of this month. The Financial Services Commission originally planned to submit the legislative proposal by Chairman Yoo Dong-soo of the National Assembly's Political Affairs Committee within this month, but the schedule has been postponed. The ruling party plans to hold a hearing as scheduled later this month, but if the government proposal is not submitted, the hearing may become a repetition of previous discussions. If the deadline is missed this month, the final approval may be delayed until the first half of next year due to the overlapping impact of the National Assembly's oversight in October and the budget review. The Democratic Party of Korea has also proposed an amendment to the Capital Markets Act, aiming to allow non-monetary assets such as real estate, artwork, and intellectual property to be issued as trust income securities, which is expected to be discussed in the National Assembly's Political Affairs Committee's bill subcommittee on September 15. Additionally, there are calls to reconsider the timeline for taxing virtual assets in January next year, as information from on-chain wallets, airdrops, and hard forks is difficult to automatically connect with tax authorities, and it is suggested to raise the basic deduction amount and introduce loss carryforward deductions.
On September 13, two sources revealed that U.S. President Trump met with advisors on Friday to discuss a government ethics provision being considered for inclusion in the Cryptocurrency Market Structure Act (the CLARITY Act). This meeting took place ahead of a procedural vote in the Senate next Tuesday that will determine the fate of the CLARITY Act's advancement. Senate Democrats are demanding that the legislation include ethical language applicable to government officials to limit Trump's ability to profit from his family's cryptocurrency business. It is unclear what the outcome of the meeting was or which advisors attended. The White House did not immediately respond to a request for comment on Saturday evening. Trump's senior cryptocurrency policy advisor, Patrick Witt, posted a positive signal on X on Saturday, stating, "For the pessimists of the CLARITY Act, today is a bad day." This statement suggests potential progress in the bill's advancement. Ethical provisions have been one of the key obstacles facing the CLARITY Act in the Senate, with significant bipartisan divisions over whether enforcement authority should be led by the Department of Justice or state attorneys general. The procedural vote next Tuesday will test whether both parties can reach a compromise on this core issue before the Senate recess.
On September 13, two sources revealed that U.S. President Trump met with advisors on Friday to discuss a government ethics provision being considered for inclusion in the Cryptocurrency Market Structure Act (the CLARITY Act). This meeting took place ahead of a procedural vote in the Senate next Tuesday that will determine the fate of the CLARITY Act's advancement. Senate Democrats are demanding that the legislation include ethical language applicable to government officials to limit Trump's ability to profit from his family's cryptocurrency business. It is unclear what the outcome of the meeting was or which advisors attended. The White House did not immediately respond to a request for comment on Saturday evening. Trump's senior cryptocurrency policy advisor, Patrick Witt, posted a positive signal on X on Saturday, stating, "For the pessimists of the CLARITY Act, today is a bad day." This statement suggests potential progress in the bill's advancement. Ethical provisions have been one of the key obstacles facing the CLARITY Act in the Senate, with significant bipartisan divisions over whether enforcement authority should be led by the Department of Justice or state attorneys general. The procedural vote next Tuesday will test whether both parties can reach a compromise on this core issue before the Senate recess.
On September 13, according to GMGN market data, the market cap of the Robinhood ecosystem's Meme coin WALLET briefly surpassed $76 million, reaching an all-time high, and has since fallen back to $63 million, with a 24-hour increase of 33%. During the same period, the trading volume reached $1.9 million. This token was issued on July 10 through Noxa, and there are connections between the deployer's wallet and the demonstration wallet funds of Robinhood CEO Vlad Tenev, as well as interactions with product manager Seong Lee. BlockBeats reminds users that most Meme coins have no real use cases and exhibit significant market volatility, urging caution in asset protection and advising against FOMO.
On September 13, according to GMGN market data, the market cap of the Robinhood ecosystem's Meme coin WALLET briefly surpassed $76 million, reaching an all-time high, and has since fallen back to $63 million, with a 24-hour increase of 33%. During the same period, the trading volume reached $1.9 million. This token was issued on July 10 through Noxa, and there are connections between the deployer's wallet and the demonstration wallet funds of Robinhood CEO Vlad Tenev, as well as interactions with product manager Seong Lee. BlockBeats reminds users that most Meme coins have no real use cases and exhibit significant market volatility, urging caution in asset protection and advising against FOMO.
On September 13, Iranian Foreign Minister Amir-Abdollahian stated in an interview that a meeting in Oman on the 14th will focus on a new maritime corridor in the Strait of Hormuz. Iran will present the details of the agreement reached with Oman and the roadmap for the new corridor to the participating countries. Amir-Abdollahian emphasized that the agreement with Oman does not mean that the Strait of Hormuz will be reopened. The reopening of the strait by Iran is contingent upon the United States fulfilling its commitments made in the 'Islamabad Memorandum of Understanding.' (CCTV News)
On September 13, Iranian Foreign Minister Amir-Abdollahian stated in an interview that a meeting in Oman on the 14th will focus on a new maritime corridor in the Strait of Hormuz. Iran will present the details of the agreement reached with Oman and the roadmap for the new corridor to the participating countries. Amir-Abdollahian emphasized that the agreement with Oman does not mean that the Strait of Hormuz will be reopened. The reopening of the strait by Iran is contingent upon the United States fulfilling its commitments made in the 'Islamabad Memorandum of Understanding.' (CCTV News)
On September 13, Zhipu (02513.HK) announced the completion of approximately $5 billion in financing, which includes around $2 billion from a share placement and about $3 billion from the issuance of convertible bonds. This financing is primarily aimed at developing the next-generation GLM model, a fully self-training system, and related computing infrastructure. According to the announcement, the share placement price is set at HKD 714 per share, representing a discount of approximately 9.96% compared to the closing price before the announcement, with the placed shares accounting for about 4.50% of the expanded issued capital. The convertible bonds are structured as zero-coupon bonds, issued at 100.5% of the principal, redeemable at maturity at par value; the initial conversion price is set at HKD 892.50 per share, which is a 25% premium over the placement price and approximately 12.55% over the closing price prior to the announcement. The combination of zero-coupon and premium issuance serves as an important signal for this round of financing. With the R&D budget and funding arrangements becoming clearer, Zhipu is enhancing its capital foundation for ongoing training experiments, advancing model iterations, and improving its computing system, thereby strengthening its position in the upcoming competition for leading global models.
On September 13, Zhipu (02513.HK) announced the completion of approximately $5 billion in financing, which includes around $2 billion from a share placement and about $3 billion from the issuance of convertible bonds. This financing is primarily aimed at developing the next-generation GLM model, a fully self-training system, and related computing infrastructure. According to the announcement, the share placement price is set at HKD 714 per share, representing a discount of approximately 9.96% compared to the closing price before the announcement, with the placed shares accounting for about 4.50% of the expanded issued capital. The convertible bonds are structured as zero-coupon bonds, issued at 100.5% of the principal, redeemable at maturity at par value; the initial conversion price is set at HKD 892.50 per share, which is a 25% premium over the placement price and approximately 12.55% over the closing price prior to the announcement. The combination of zero-coupon and premium issuance serves as an important signal for this round of financing. With the R&D budget and funding arrangements becoming clearer, Zhipu is enhancing its capital foundation for ongoing training experiments, advancing model iterations, and improving its computing system, thereby strengthening its position in the upcoming competition for leading global models.
According to Beating AI news, multiple services on GitHub are experiencing outages. The official status page indicates that around 17:16 UTC+8 today, GitHub began investigating the decline in availability of API, Issues, Pages, and Pull Requests. By 17:25 UTC+8, it was updated that GitHub Actions performance was also impacted and investigations were ongoing. The latest update at 17:36 UTC+8 showed that increased replication delays in the collaboration system's database were causing a rise in authorization interface errors, further leading to an overall increase in system error rates, with investigations still underway.
According to Beating AI news, multiple services on GitHub are experiencing outages. The official status page indicates that around 17:16 UTC+8 today, GitHub began investigating the decline in availability of API, Issues, Pages, and Pull Requests. By 17:25 UTC+8, it was updated that GitHub Actions performance was also impacted and investigations were ongoing. The latest update at 17:36 UTC+8 showed that increased replication delays in the collaboration system's database were causing a rise in authorization interface errors, further leading to an overall increase in system error rates, with investigations still underway.
Min Byeong-deok, a member of South Korea's Democratic Party, revealed that the public hearing for the 'Digital Asset Basic Law' is scheduled to take place this month, with the bill review expected to begin in November. However, due to the impact of national governance inspections and budget review procedures, the legislative timeline may be postponed until the first half of next year. The Financial Services Commission of South Korea has announced a phased implementation roadmap for security token offerings (STOs), and financial institutions are advancing testing of tokenization systems and global infrastructure collaboration. (MK)
Min Byeong-deok, a member of South Korea's Democratic Party, revealed that the public hearing for the 'Digital Asset Basic Law' is scheduled to take place this month, with the bill review expected to begin in November. However, due to the impact of national governance inspections and budget review procedures, the legislative timeline may be postponed until the first half of next year. The Financial Services Commission of South Korea has announced a phased implementation roadmap for security token offerings (STOs), and financial institutions are advancing testing of tokenization systems and global infrastructure collaboration. (MK)