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AI & Enterprise

OpenAI and Anthropic join calls to curb Chinese AI, raising questions over who benefits

A debate in the United States over Chinese artificial intelligence has intensified after Moonshot AI released its latest model, Kimi. The argument is shifting from the model’s performance to what regulatory course the United States should take. OpenAI and Anthropic are cited as lobbying regulators over open models from China. Some journalists say fear rises sharply when China is involved, while others warn a ban could mainly benefit a few U.S. companies.

Crypto

Crypto exchange closures may signal market bottom, Tom Lee says

A series of cryptocurrency exchange shutdowns could be a sign the market is near a bottom, Fundstrat co-founder Tom Lee said. His comments followed BitMart’s decision to end its trading platform and BitMEX’s plan to halt operations this year. Lee maintained a long-term optimistic view on ethereum, comparing its evolution potential to growth inflection points seen at Amazon, Nvidia and JPMorgan, and reiterated a $250,000 long-term target.

Crypto

Hoskinson says Trump should step back from crypto market

Cardano founder Charles Hoskinson said a sitting president should not participate directly in the cryptocurrency market, arguing that U.S. President Donald Trump’s involvement in crypto businesses fuels conflict-of-interest concerns. The comments followed Senator Elizabeth Warren’s opposition to a revised Clarity bill, which she said does not adequately prevent Trump from profiting while in office. Republicans have proposed an ethics amendment, but the bill’s passage and timing remain uncertain.