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Crypto
Chinese AI chip stocks trade first on crypto exchanges as overseas funds seek access
Overseas investors are effectively investing early in Chinese AI semiconductor companies through perpetual futures on cryptocurrency exchanges, an analysis said. With direct access to mainland Chinese equities limited, investors are betting on pre-listing prices via crypto derivatives. Trading has surged ahead of ChangXin Memory Technologies\' planned STAR Market listing. The products allow round-the-clock trading without owning shares and are seen as a way to bypass China’s foreign investment restrictions and perform price discovery before IPO pricing.
AI & Enterprise
OpenAI launches new flagship model GPT-5.6 Sol with midrange pricing, top-tier performance
OpenAI has released its new flagship AI model, GPT-5.6 Sol, to the public and revamped its naming system to Sol, Terra and Luna based on performance tiers. Sol is priced at $5 per 1 million input tokens and $30 per 1 million output tokens, while Luna costs $1 and $6. OpenAI also disclosed benchmark scores and highlighted cybersecurity results, alongside mostly positive early user feedback.
AI & Enterprise
OpenAI launches GPT-5.6 and unveils ChatGPT Work
OpenAI on July 9 launched GPT-5.6, releasing three versions: Sol, Luna and Terra. Sol is the top-performance version, Luna focuses on speed and Terra is suited to everyday work. Sol supports an ultra mode that allocates more computing resources and can delegate tasks to multiple sub-models. OpenAI also launched ChatGPT Work, a GPT-5.6-based agent that gathers context across connected apps and files and creates work materials.
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Crypto
Theo becomes first crypto-native platform to allocate funds to Fidelity tokenised fund
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Crypto
U.S. inflation above 4 percent adds downside pressure on bitcoin and gold
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Crypto
U.S. consumer inflation jumps most in three years; bitcoin and ether hold up amid market jitters
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AI & Enterprise
Ivy League schools bring back paper exams amid ChatGPT-era cheating
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Crypto
Theo launches yield-bearing tokenised gold for DeFi use