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AI & Enterprise

DeepSeek keeps prices 75% lower with GPT-level performance; memory efficiency seen as key

China's AI company DeepSeek is in talks to raise about 70 billion yuan while maintaining free model releases and a low-cost API strategy, with efficiency in computing and memory seen as its core edge. Analysts cited sharply lower memory use versus rivals and optimised cache design that cuts costs and improves inference speed even on lower-performance chips. The approach is also linked to constraints on access to Nvidia's newest AI chips.

Crypto

Ethereum Foundation to cut ETH sales but supply overhang limits rebound

The Ethereum Foundation said it would reduce sales of ETH, but the token did not stage a clear rebound. Santiment said sentiment around Vitalik Buterin tilted bullish after his comments, but gains did not hold and Ethereum remained down over two weeks. The foundation’s holdings account for 0.16 percent of total supply. Analysts pointed to weak spot volumes and persistent sell supply. The foundation recently sold 10,000 ETH via OTC.

Games & Commerce

Nintendo lowers bar to buy Switch 2, drops minimum 50 hours play requirement

Nintendo has eased purchase conditions for the Nintendo Switch 2 sold on its My Nintendo Store by removing a requirement that buyers have at least 50 hours of play time on the original Switch as of a specified date. Quantity limits per Nintendo account and mandatory account login remain in place. The company also adjusted pricing, raising the Japan-only model while keeping the multilingual model unchanged. It said conditions could change again depending on sales.