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More →The total market capitalization of the crypto market stands at 2.76 trillion US dollars.
According to Bijie data: the total market capitalization of the crypto market is $2.76 trillion, and the trading volume over the past 24 hours was $142.44 trillion.
Bank of America warns: AI spending will reach $1 trillion over the next year, surpassing the 1990s tech boom
Coin World News, Bank of America warns that over the next year, hyperscale cloud computing companies are expected to spend $1 trillion on artificial intelligence (AI), a figure that will exceed the tech boom of the 1990s. According to BofA's analysis, this spending accounts for about 3% of U.S. GDP, nearly three times the 1.1% of the 1990s tech boom, and higher than the 2.2% of the 1870s railway boom. BofA strategist Sebastian Raedler warns that most past capital cycles "ultimately ended in disappointment." Since the summer, the average AI token price has fallen by about 50%.
Apple: We are doing our utmost to get devices delivered to consumers as quickly as possible.
CoinWorld news, Apple: We are making every effort to deliver devices to consumers as quickly as possible.
Microsoft collaborates with OpenAI on a secret project to collect AI training data.
According to a court document unsealed on October 16, Microsoft instructed its employees to keep a web-scraping project confidential. The project was collecting artificial intelligence (AI) training data for OpenAI. Under the project, codenamed "Project Mango," OpenAI paid Microsoft to develop and operate a web crawler that copied web content, which was then used to train models including GPT-4o.
OpenAI has officially hired Graham Seamans from SpaceX.
Cointime news: OpenAI has officially hired Graham Seamans from SpaceX to serve as the head of sales for its cybersecurity business line. This is OpenAI's latest move to poach talent from Elon Musk's AI business team. OpenAI is currently pushing full steam ahead with commercial expansion, vigorously scaling up enterprise customer sales on one hand while also exploring entirely new revenue sources such as advertising on the other, paving the way for a potential future IPO. Musk had previously filed a lawsuit against OpenAI, which he helped found, arguing that the organization's shift to a for-profit model violated its public-interest mission, but he ultimately lost the case. Musk subsequently founded the competing AI development company xAI and completed a business merger between it and SpaceX.
Anthropic receives BB+ credit rating, raises $35 billion in chip financing
Anthropic recently received a BB+ credit rating from KBRA, just one step away from investment grade. The rating comes as the company prepares $35 billion in chip financing. In addition, Wall Street banks are preparing a separate $60 billion financing plan to support its acquisition of AI chips from Google and Broadcom.
Apple: Demand for iPhone Duo is "absolutely phenomenal"
CoinWorld news, Apple: Demand for the iPhone Duo is "absolutely phenomenal." We are working hard to deliver devices to consumers. We will continue to accept online orders.
Citigroup: The U.S. Treasury will reduce the scale of long-term Treasury issuance.
Coin World news, Citigroup strategists said the U.S. Treasury will reduce long-term Treasury issuance in next month's quarterly refunding announcement. Survey questionnaires show that Treasury officials are considering such a move. The Treasury sought dealers' views on long-end buyback operations and structural demand trends to assess future adjustments to auction sizes for nominal coupon Treasuries and floating-rate notes. Citigroup believes the Treasury will reduce the auction sizes of 20-year and 30-year Treasuries by $3 billion each on November 4. Since the last refunding announcement, long-end yields have sold off sharply, prompting the Treasury to shift long-end issuance toward short-term Treasury bills.
BTC liquidations totaled 82.2146 million USD over the past 24 hours.
Bijie data: BTC's rolling 24-hour liquidation amount is approximately 82.2146 million USD, involving about 5,105 liquidated accounts. Compared with the same-caliber snapshot 24 hours ago, it is down 61.74%; compared with the same-caliber snapshot 7 days ago, it is up 36.72%.
Apple appoints Meta veteran as litigation chief in legal team reshuffle
CoinWorld news: Apple appoints Meta veteran as head of litigation in a legal team reshuffle.