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MiniMax has open-sourced its latest general-purpose video model, MiniMax H3. It can understand multimodal context from text, images, video, and audio, and generate videos up to 2K resolution, 15 seconds long, with native stereo audio. This move is expected to accelerate innovation in AI video generation.
Read MoreKim Yong-beom, head of the Presidential Policy Office in South Korea, is facing criminal charges related to leveraged ETF trading. The case raises serious questions about financial compliance among senior officials and could impact regulatory policies.
Read MoreAsian markets showed mixed performance on August 3. Japan's Nikkei 225 fell 0.94%, while South Korea's KOSPI plunged 5.13%. In contrast, the tech-heavy KOSDAQ index gained 2.44%, with semiconductor giants leading losses on the main board.
Read MoreCapital B has acquired an additional Bitcoin for €60,000, bringing its total holdings to 3,140 BTC. The firm's Bitcoin portfolio has generated a 2.13% year-to-date return. The institution also announced plans to convert a portion of its related asset holdings, signaling ongoing portfolio management.
Read MoreLingbo Tech, an embodied AI company under Ant Group, has initiated its first funding round aiming for 1.5 billion yuan, with a second round planned by year-end. Its rare, full-stack technology layout spanning perception to action could set a new benchmark for funding speed in the embodied intelligence sector.
Read MoreBitcoin options skew remains negative but may be forming a 'higher low,' signaling extreme fear of a crash could be easing. Holding $62K support and narrowing skew could pave the way for a rebound, though macro risks persist.
Read MoreAnt Group's embodied AI subsidiary, Ant Lingbo, is reportedly planning an independent funding round, moving from internal incubation to external capital markets. Sources cite internal resource competition and a favorable investment climate, with expectations of a unicorn-level valuation.
Read MoreData reveals over $1.28B in token unlocks scheduled for the next 30 days. Projects like HYPE, SOL, and AVAX will release tokens via cliff or linear vesting, creating predictable selling pressure that could impact market dynamics, especially for altcoins.
Read MoreDeepSeek's model usage has surged dramatically, processing 8 trillion tokens in a single day, with significant free tier consumption. Its weekly call volume also leads major API platforms. Meanwhile, industry leader OpenAI has reportedly begun adjusting API pricing, seen as a competitive response. The demand for AI compute and commercial competition is intensifying.
Read MoreFollowing military action, Iran's de facto blockade of the Strait of Hormuz has transformed this vital waterway into a geopolitical tool. This move undermines global maritime order and may prompt other coastal states to reconsider control over strategic chokepoints worldwide.
Read MoreBitMEX co-founder Arthur Hayes highlights the critical Fed H.4.1 report this week. It may reveal if Japan is using its bonds as collateral to obtain dollars for currency intervention. Raising counterparty limits could let the Fed create dollars against Japanese bonds, opening a new liquidity channel.
Read MoreAI pioneer Fei-Fei Li argues that while the human form is versatile, it's not optimal for specific tasks. From a commercial perspective, specialized robot designs outperform general-purpose humanoid structures in real-world applications. This insight reshapes how we approach robotics development.
Read MoreOn August 3rd, a solo Bitcoin miner successfully mined block #960804 alone, claiming the full 3.157 BTC reward (~$199K). This rare event has reignited discussions about the viability of independent mining in today's competitive landscape.
Read MoreIntel has optimized its Arc Pro B70 professional GPU for the multimodal video model MiniMax H3. This hardware-software integration enhances computational efficiency for AI video generation and inference, providing robust support for professional AIGC applications in content creation and media production.
Read MoreAllianz warns that quantum computing's threat to global financial encryption may arrive before its commercial benefits. Existing cryptographic systems risk being broken, potentially exposing long-term encrypted data. The report urges immediate action to build crypto-agile infrastructure.
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