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AI & Enterprise
China's budget AI models heat up global race
Interest in Chinese AI companies is returning after fading following the DeepSeek shock in January 2025, as more firms balk at the cost of deploying the latest U.S. models. Chinese models are presenting benchmark results that in some cases outpace OpenAI and Anthropic, while pricing well below Western rivals. Research rankings, growing use in the United States and rising valuations are drawing attention, though concerns remain over reliability, capacity and efficiency.
Crypto
Shiba Inu exchange holdings near 80 trillion tokens, raising questions over sell pressure
Shiba Inu exchange holdings are nearing 80 trillion tokens again, emerging as a key on-chain indicator for the token’s next move. U.Today reported SHIB exchange reserves rose to about 8.05 trillion tokens, with more than 959 billion tokens flowing into trading platforms in the latest period. SHIB trades around $0.0000045 and remains below major moving averages. The outlet said exchange activity will be crucial in determining whether inflows translate into selling.
AI & Enterprise
ByteDance unveils Seedance 2.5 AI video generation model for up to 30-second clips
ByteDance, the Chinese technology company that operates TikTok, unveiled its new AI video generation model Seedance 2.5 at a conference in Beijing on June 23. The upgraded model can generate videos up to 30 seconds long and allows users to include up to 50 reference files such as images, video and audio, up from 12 in Seedance 2.0. ByteDance plans to launch Seedance 2.5 in China in July.
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AI & Enterprise
Anthropic adds always-on 'Claude tag' AI teammate to Slack
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Crypto
Meta developing in-house prediction market app like Polymarket
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Crypto
XRP seeks rebound, Dogecoin tries for $0.1 as Shiba Inu lags
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Crypto
Top cryptocurrencies fall 87 percent in June, raising odds 2026 could see weakest month
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Crypto
Turboflow raises $6 million seed funding, targets 'Asia's Kalshi'
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AI & Enterprise
Red Hat says shift from AI consumer to provider to control costs
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AI & Enterprise
Conditions for integrated AI security platform: Block three control points
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AI & Enterprise
Nvidia unveils hot-water cooling design to cut data centre water use
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Finance
Finance industry needs lower network segregation, infrastructure barriers to speed AI innovation
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Crypto
Aster revamps tokenomics, allocates 99 percent of daily fees to ASTER buybacks
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Telecommunications & Media
Apple price hike may come sooner than iPhone 18 launch
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Finance
K Bank, Gwangju Bank to develop joint financial products for mid-to-low credit customers
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Finance
Black Tuesday: KOSPI breaks below 9,000 as big chip stocks tumble
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Industry
Robot.com expands commercial deployment of workplace humanoid robots in US
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Industry
Goldman Sachs sees China-led EV adoption cutting oil demand by up to 320,000 bpd by 2027