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According to The Information, reported by Golden Finance on May 31, Microsoft is developing a new in-house AI model for programming, speech, transcription, reasoning, and image processing. This initiative aims to reduce reliance on OpenAI and Anthropic while providing developers with a more cost-effective option through Azure.

[Microsoft Developing New In-House AI Model]According to The Information, reported by Golden Finance on May 31, Microsoft is developing a new in-house AI model for programming, speech, transcription, reasoning, and image processing. This initiative aims to reduce reliance on OpenAI and Anthropic while providing developers with a more cost-effective option through Azure.

Microsoft Developing New In-House AI Model

On May 31, SoftBank announced a commitment of up to €75 billion to establish a large-scale artificial intelligence computing cluster network in France, which will become the largest data center project in Europe. This also marks SoftBank's largest single investment in artificial intelligence outside the United States. According to insiders, the collaboration was quickly finalized after French President Macron dined with Masayoshi Son in Tokyo in early April. In the first phase, SoftBank will lead an investment of €45 billion, aiming to achieve a computing capacity of 3.1 gigawatts in the Hauts-de-France region by 2031, with plans to add an additional 2 gigawatts of capacity later. One of the core facilities will be located in Dunkirk, where SoftBank will partner with Schneider Electric to create AI infrastructure and a robotics manufacturing center. The location has a strategic advantage, serving clients in London, Brussels, Amsterdam, and other areas. The entire project is planned to reach a total computing capacity of 5 gigawatts, and if fully completed, SoftBank's total investment will amount to approximately €75 billion.

[SoftBank Commits €75 Billion to Build AI Facilities in France]On May 31, SoftBank announced a commitment of up to €75 billion to establish a large-scale artificial intelligence computing cluster network in France, which will become the largest data center project in Europe. This also marks SoftBank's largest single investment in artificial intelligence outside the United States. According to insiders, the collaboration was quickly finalized after French President Macron dined with Masayoshi Son in Tokyo in early April. In the first phase, SoftBank will lead an investment of €45 billion, aiming to achieve a computing capacity of 3.1 gigawatts in the Hauts-de-France region by 2031, with plans to add an additional 2 gigawatts of capacity later. One of the core facilities will be located in Dunkirk, where SoftBank will partner with Schneider Electric to create AI infrastructure and a robotics manufacturing center. The location has a strategic advantage, serving clients in London, Brussels, Amsterdam, and other areas. The entire project is planned to reach a total computing capacity of 5 gigawatts, and if fully completed, SoftBank's total investment will amount to approximately €75 billion.

SoftBank Commits €75 Billion to Build AI Facilities in France

On May 31, the Spanish National Police arrested six members of the 'Alaguay Train' gang, who are suspected of carrying out a series of violent robberies targeting high-profile individuals possessing jewelry and cryptocurrency.

[Spain Arrests Gang Targeting Jewelry and Cryptocurrency]On May 31, the Spanish National Police arrested six members of the 'Alaguay Train' gang, who are suspected of carrying out a series of violent robberies targeting high-profile individuals possessing jewelry and cryptocurrency.

Spain Arrests Gang Targeting Jewelry and Cryptocurrency

Iranian state television reported that this yet-to-be-finalized informal draft states that Iran has exclusive authority to determine the nature of vessels passing through the Strait of Hormuz. If the cargo of a vessel is deemed threatening or the actual beneficiary is an adversarial force to Iran, that vessel will not be considered a civilian merchant ship and will be prohibited from passage. Iran has the right to designate navigation routes, set navigation fees, maintain channel safety, and address related environmental damage issues. The draft indicates that the US has committed to assist Iran in fully unfreezing $12 billion of frozen assets within 60 days. These funds can be transferred to banks designated by Iran and used without restrictions. Currently, the draft is only an informal consensus and still requires review, negotiation, and revision by all parties.

[Iranian State TV: US-Iran Memorandum Draft Grants Iran Control Over the Strait]Iranian state television reported that this yet-to-be-finalized informal draft states that Iran has exclusive authority to determine the nature of vessels passing through the Strait of Hormuz. If the cargo of a vessel is deemed threatening or the actual beneficiary is an adversarial force to Iran, that vessel will not be considered a civilian merchant ship and will be prohibited from passage. Iran has the right to designate navigation routes, set navigation fees, maintain channel safety, and address related environmental damage issues. The draft indicates that the US has committed to assist Iran in fully unfreezing $12 billion of frozen assets within 60 days. These funds can be transferred to banks designated by Iran and used without restrictions. Currently, the draft is only an informal consensus and still requires review, negotiation, and revision by all parties.

Iranian State TV: US-Iran Memorandum Draft Grants Iran Control Over the Strait

Market data shows that BTC has surpassed $74,000, currently priced at $74,011.04, with a 24-hour decline of 0.35%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $74,000]Market data shows that BTC has surpassed $74,000, currently priced at $74,011.04, with a 24-hour decline of 0.35%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $74,000

twt Surges 21.28% in 24H, Currently at 0.5362 USDT

【twt currently trades at 0.5362 USDT, up 21.28% in 24h, according to HTX market data.】twt Surges 21.28% in 24H, Currently at 0.5362 USDT

twt currently trades at 0.5362 USDT, up 21.28% in 24h, according to HTX market data.

twt Surges 13.36% in 24H, Currently at 0.5056 USDT

【twt currently trades at 0.5056 USDT, up 13.36% in 24h, according to HTX market data.】twt Surges 13.36% in 24H, Currently at 0.5056 USDT

twt currently trades at 0.5056 USDT, up 13.36% in 24h, according to HTX market data.

On May 31, the Zcash Foundation announced the release of Zebra version 4.5.0. This version addresses multiple security vulnerabilities in the consensus mechanism and the network. All node operators are urged to upgrade immediately.

[Zcash Foundation: Zebra 4.5.0 Released, Node Operators Should Upgrade Immediately]On May 31, the Zcash Foundation announced the release of Zebra version 4.5.0. This version addresses multiple security vulnerabilities in the consensus mechanism and the network. All node operators are urged to upgrade immediately.

Zcash Foundation: Zebra 4.5.0 Released, Node Operators Should Upgrade Immediately

twt Hits New High of 0.4926 USDT, Up 9.52% in 24H

【twt soared to 0.4926 USDT, a new high with a 24-hour increase of 9.52%. It currently trades at 0.4926 USDT on HTX.】twt Hits New High of 0.4926 USDT, Up 9.52% in 24H

twt soared to 0.4926 USDT, a new high with a 24-hour increase of 9.52%. It currently trades at 0.4926 USDT on HTX.

Virginia Governor Glenn Youngkin signed a bipartisan bill this week that would allow banks in the state to offer custody services for crypto assets, Coinpost reported. Cryptocurrency storage in the state will be legalized from July 1.
The bill has passed the House of Representatives and the Senate of the Legislature, and was finalized for implementation after it was signed by the governor this week.

Detail

【Virginia to allow banks to offer crypto custody services starting July 1】Virginia Governor Glenn Youngkin signed a bipartisan bill this week that would allow banks in the state to offer custody services for crypto assets, Coinpost reported. Cryptocurrency storage in the state will be legalized from July 1.
The bill has passed the House of Representatives and the Senate of the Legislature, and was finalized for implementation after it was signed by the governor this week.

Virginia to allow banks to offer crypto custody services starting July 1

$2 Billion Write-Off: Manus Plans Hong Kong IPO for a Comeback?

Data Theft at Will! Major Vulnerability Exposed in This Popular AI Programming Tool

The First Person to Fly by Mars Will Be a Bitcoin Miner

The Revived Codex, Carrying OpenAI's Hopes for IPO

Google CEO Admits Lagging Behind in Coding

Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic

Microsoft to Discontinue Using Claude: Too Expensive, or a Calculated Move?

New York Lawsuit Takes Aim At 3.79 Million Dormant Bitcoin

Investors Frantically Snap Up AI Firms with 'No Profits': A High-Stakes Gamble on 'the Right to Define the Future'

The 'Stock Call King' Serenity: 3840% Annual Return, Beating Institutions to the Punch

Article

Sui Mainnet Resumes Operation, Confirms Both Downtimes Caused by Same Software Defect

Virginia to allow banks to offer crypto custody services starting July 1

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

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