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According to Bloomberg, cloud service provider Nebius Group announced that it has reached an agreement with AI model development company Reflection AI to sell computing power worth over $1 billion. According to a statement from both parties, the agreement is valid until 2029, and Reflection AI will gain access to computing resources powered by NVIDIA GB300 AI chips to support its AI model development.

[Nebius Sells Over $1 Billion in Computing Power to AI Startup Reflection AI]According to Bloomberg, cloud service provider Nebius Group announced that it has reached an agreement with AI model development company Reflection AI to sell computing power worth over $1 billion. According to a statement from both parties, the agreement is valid until 2029, and Reflection AI will gain access to computing resources powered by NVIDIA GB300 AI chips to support its AI model development.

Nebius Sells Over $1 Billion in Computing Power to AI Startup Reflection AI

The startup Nous Research, behind the open-source AI agent project Hermes, is completing a new funding round of at least $75 million. The round is led by Robot Ventures, with significant participation from Union Square Ventures (USV) and other well-known investment institutions, valuing the company at $1.5 billion. Currently, Hermes has received approximately 214,000 stars and nearly 40,000 forks on GitHub, and developers can deploy it on personal computers or virtual servers.

[AI Agent Startup Nous Research Secures At Least $75M in Funding]The startup Nous Research, behind the open-source AI agent project Hermes, is completing a new funding round of at least $75 million. The round is led by Robot Ventures, with significant participation from Union Square Ventures (USV) and other well-known investment institutions, valuing the company at $1.5 billion. Currently, Hermes has received approximately 214,000 stars and nearly 40,000 forks on GitHub, and developers can deploy it on personal computers or virtual servers.

AI Agent Startup Nous Research Secures At Least $75M in Funding

On July 14, Wintermute released a market analysis stating that despite multiple geopolitical shocks such as US airstrikes on Iran and the closure of the Strait of Hormuz, Bitcoin has held the key support level of $62,000, showing strong market resilience. Last week, as US-Iran negotiations were suspended over related issues, Iran attacked commercial vessels, the US launched a new round of airstrikes, and Tehran announced the indefinite closure of the Strait of Hormuz. International oil prices surged, with Brent crude rising 6.3% for the week and the 10-year US Treasury yield climbing to 4.57%. The market revised up the probability of a Fed rate hike in September to approximately 61%, and this week's US CPI data will be a key indicator influencing expectations for the July FOMC meeting. In the crypto market, Bitcoin maintained a stable trend despite consecutive geopolitical risk events, holding the $62,000 area after a minimum pullback and gradually recovering to around $64,000. Ethereum performed stronger, with prices near $1,805. Meanwhile, the eight-week streak of ETF outflows finally ended, with Bitcoin and Ethereum-related products recording a combined inflow of approximately $282 million last week. Although a single week of inflows is not enough to confirm a trend reversal, combined with recent continuous accumulation by whales and the market's diminished response to negative news, marginal selling pressure is easing, and the market may be forming a bottom. In addition, the market reacted calmly to Strategy's sale of Bitcoin, in stark contrast to two months ago when selling just 32 BTC triggered a sell-off, indicating that investor concerns about potential selling pressure have significantly decreased. Currently, Bitcoin has shown the bottoming characteristic of 'bearish but not falling', but the market still needs further confirmation. Subsequent key factors include US CPI performance, whether ETF inflows can continue, and developments in the Strait of Hormuz situation. If inflation data cools, capital flows continue to improve, and progress is made on the CLARITY Act, Bitcoin may challenge the key resistance level of $67,250; conversely, if oil prices continue to rise and macro pressure intensifies, the $60,000 support level may be tested again.

[Wintermute: Bitcoin Shows 'Bearish but Not Falling' Bottoming Pattern, Key Resistance at $67,250]On July 14, Wintermute released a market analysis stating that despite multiple geopolitical shocks such as US airstrikes on Iran and the closure of the Strait of Hormuz, Bitcoin has held the key support level of $62,000, showing strong market resilience. Last week, as US-Iran negotiations were suspended over related issues, Iran attacked commercial vessels, the US launched a new round of airstrikes, and Tehran announced the indefinite closure of the Strait of Hormuz. International oil prices surged, with Brent crude rising 6.3% for the week and the 10-year US Treasury yield climbing to 4.57%. The market revised up the probability of a Fed rate hike in September to approximately 61%, and this week's US CPI data will be a key indicator influencing expectations for the July FOMC meeting. In the crypto market, Bitcoin maintained a stable trend despite consecutive geopolitical risk events, holding the $62,000 area after a minimum pullback and gradually recovering to around $64,000. Ethereum performed stronger, with prices near $1,805. Meanwhile, the eight-week streak of ETF outflows finally ended, with Bitcoin and Ethereum-related products recording a combined inflow of approximately $282 million last week. Although a single week of inflows is not enough to confirm a trend reversal, combined with recent continuous accumulation by whales and the market's diminished response to negative news, marginal selling pressure is easing, and the market may be forming a bottom. In addition, the market reacted calmly to Strategy's sale of Bitcoin, in stark contrast to two months ago when selling just 32 BTC triggered a sell-off, indicating that investor concerns about potential selling pressure have significantly decreased. Currently, Bitcoin has shown the bottoming characteristic of 'bearish but not falling', but the market still needs further confirmation. Subsequent key factors include US CPI performance, whether ETF inflows can continue, and developments in the Strait of Hormuz situation. If inflation data cools, capital flows continue to improve, and progress is made on the CLARITY Act, Bitcoin may challenge the key resistance level of $67,250; conversely, if oil prices continue to rise and macro pressure intensifies, the $60,000 support level may be tested again.

Wintermute: Bitcoin Shows 'Bearish but Not Falling' Bottoming Pattern, Key Resistance at $67,250

On July 14, according to HTX market data, Ethereum briefly recovered and broke through the $1,800 mark, currently quoted at $1,798, with a 24-hour increase of 1.03%.

[Ethereum Briefly Recovers, Breaks Through $1,800]On July 14, according to HTX market data, Ethereum briefly recovered and broke through the $1,800 mark, currently quoted at $1,798, with a 24-hour increase of 1.03%.

Ethereum Briefly Recovers, Breaks Through $1,800

On July 14, IBM's pre-market decline expanded to 21%. The company's preliminary second-quarter revenue fell short of expectations, and it expects infrastructure revenue to decline by a single-digit percentage.

[IBM's Pre-Market Decline Expands to 21%]On July 14, IBM's pre-market decline expanded to 21%. The company's preliminary second-quarter revenue fell short of expectations, and it expects infrastructure revenue to decline by a single-digit percentage.

IBM's Pre-Market Decline Expands to 21%

On July 14, Alibaba Cloud announced that its large model service platform Bailian will reduce the unit price for the Fast mode of the GLM-5.2 model by 20%, effective from 00:00:00 on July 15, 2026, Beijing Time.

[Alibaba Cloud Bailian Announces 20% Price Reduction for GLM-5.2 Fast Mode]On July 14, Alibaba Cloud announced that its large model service platform Bailian will reduce the unit price for the Fast mode of the GLM-5.2 model by 20%, effective from 00:00:00 on July 15, 2026, Beijing Time.

Alibaba Cloud Bailian Announces 20% Price Reduction for GLM-5.2 Fast Mode

On July 14, according to data from BIT (bit.com), IBM fell over 12% in U.S. pre-market trading. The company's preliminary second-quarter revenue was $17.2 billion, compared with expectations of $17.86 billion.

[IBM falls over 12% in pre-market trading, preliminary Q2 revenue misses expectations]On July 14, according to data from BIT (bit.com), IBM fell over 12% in U.S. pre-market trading. The company's preliminary second-quarter revenue was $17.2 billion, compared with expectations of $17.86 billion.

IBM falls over 12% in pre-market trading, preliminary Q2 revenue misses expectations

On July 14, IBM fell over 13% in pre-market trading. The company's preliminary second-quarter revenue missed expectations. IBM reported preliminary Q2 revenue of $17.2 billion, up 1%, versus an estimate of $17.86 billion; software revenue rose 5%; infrastructure revenue declined 7%. Diluted EPS was $2.27, down 2% year-over-year; operating (non-GAAP) EPS was $2.93, up 5% year-over-year.

[IBM Falls Over 13% in Pre-Market Trading]On July 14, IBM fell over 13% in pre-market trading. The company's preliminary second-quarter revenue missed expectations. IBM reported preliminary Q2 revenue of $17.2 billion, up 1%, versus an estimate of $17.86 billion; software revenue rose 5%; infrastructure revenue declined 7%. Diluted EPS was $2.27, down 2% year-over-year; operating (non-GAAP) EPS was $2.93, up 5% year-over-year.

IBM Falls Over 13% in Pre-Market Trading

On July 14, a solo Bitcoin miner using a Bitaxe miner costing less than $200 successfully mined block 957,382 independently, earning a 3.125 BTC block reward worth approximately $200,000 at current prices. The miner has a hash rate of about 1 TH/s, a minuscule fraction of the global Bitcoin network's total hash rate. Public Pool stated that this is an extremely low-probability solo mining success case, demonstrating that low-cost miners still have a chance to claim full block rewards. Data shows that this is the 12th block solo mined by an individual miner since 2026. Over the past 12 months, a total of 24 blocks have been solo mined by individual miners, a 41% year-over-year increase, cumulatively earning 75.4 BTC rewards worth approximately $4.7 million.

[Amateur $200 Miner Solves Block, Solo Miner Claims ~$200K Reward]On July 14, a solo Bitcoin miner using a Bitaxe miner costing less than $200 successfully mined block 957,382 independently, earning a 3.125 BTC block reward worth approximately $200,000 at current prices. The miner has a hash rate of about 1 TH/s, a minuscule fraction of the global Bitcoin network's total hash rate. Public Pool stated that this is an extremely low-probability solo mining success case, demonstrating that low-cost miners still have a chance to claim full block rewards. Data shows that this is the 12th block solo mined by an individual miner since 2026. Over the past 12 months, a total of 24 blocks have been solo mined by individual miners, a 41% year-over-year increase, cumulatively earning 75.4 BTC rewards worth approximately $4.7 million.

Amateur $200 Miner Solves Block, Solo Miner Claims ~$200K Reward

According to TechCrunch, Portal Ventures has closed on $35 million for its first fund for pre-seed investments in the crypto startup world. The fund is led by former Insight investor Evan Fisher. While at Insight some of his investments included TaxBit, ZenGo and Flutterwave. Portal Ventures has already done eight deals since January of this year, including bets in web3 developer tooling startup Polywrap and crypto gaming infrastructure startup Worlds.org.

Detail

【Portal Ventures closes on $35 million debut fund for early stage crypto startups】According to TechCrunch, Portal Ventures has closed on $35 million for its first fund for pre-seed investments in the crypto startup world. The fund is led by former Insight investor Evan Fisher. While at Insight some of his investments included TaxBit, ZenGo and Flutterwave. Portal Ventures has already done eight deals since January of this year, including bets in web3 developer tooling startup Polywrap and crypto gaming infrastructure startup Worlds.org.

Portal Ventures closes on $35 million debut fund for early stage crypto startups

CASHCAT Market Cap Surpasses $100 Million! Robinhood Chain Goes Viral

Behind ANSEM's 300% Weekly Surge: The Recovery and Traps of Solana Meme Coins

Will Zcash’s ‘formal verification’ of Ironwood clear counterfeiting fears and boost ZEC?

Goldman Sachs Report Deconstructs the Competitive Landscape of China's AI Large Models: Who Will Be the Long-Term Winner?

Ethereum uses less power than British Museum – Here’s what changed

Coin & Stock Compass: Global Listed Companies Net Sold $85.45 Million in BTC Last Week, Strategy's Dollar Reserves Scale Up to $3 Billion (July 14)

Why Are Large-Scale Crypto Conferences No Longer Glamorous?

Portal Ventures closes on $35 million debut fund for early stage crypto startups

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