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Release delayed again, Meta continues to struggle in the "AI quagmire".

Release delayed again, Meta continues to struggle in the "AI quagmire".

``` Meta has repeatedly delayed releasing its new AI model to developers. On June 4, The Wall Street Journal reported that the API (application programming interface) for Meta’s latest AI model, Muse Spark, has been delayed multiple times, and as of Tuesday this week, there is still no confirmed launch

New quarter redemption window, a new wave of panic—the U.S. "private credit crisis" returns

New quarter redemption window, a new wave of panic—the U.S. "private credit crisis" returns

After a brief period of calm, the redemption storm in the US private credit market has returned. As the new quarterly redemption window opens, several leading institutions have disclosed record withdrawal requests. Blackstone, the industry leader, has seen its largest private credit fund once again hit the redemption cap, and

U.S. judge warns: DOJ appeal will disrupt Trump tariff refund process

U.S. judge warns: DOJ appeal will disrupt Trump tariff refund process

A federal trade judge has made a rare public statement regarding the Trump administration’s appeal against his order for tariff refunds, as the legal battle over control of refund proceedings escalates. U.S. Court of International Trade Judge Richard Eaton directly responded on Wednesday through an open letter to

Anthropic: High computational costs are the main driver for pursuing an IPO, calls for a global pause on cutting-edge AI development

Anthropic: High computational costs are the main driver for pursuing an IPO, calls for a global pause on cutting-edge AI development

``` Daniela Amodei, co-founder and President of AI company Anthropic PBC, stated that the astonishing cost of developing AI models is pushing companies like hers to turn to public capital markets for funding. Just days after the developer of Claude secretly submitted an IPO filing in the U.S., Amodei said

Quantinuum, the quantum computing giant, opened up 13% on its first day of trading and closed with a slight gain of 0.6%.

Quantinuum, the quantum computing giant, opened up 13% on its first day of trading and closed with a slight gain of 0.6%.

``` Quantum computing company Quantinuum debuted on Nasdaq on Thursday with an opening price of $68, up about 13% from the offering price, giving it a market value of approximately $17.6 billion. This marks a significant event in the recent warming IPO market. Following an expanded offering, Quantinuum ultimately priced

Report: Jane Street Plans to Build Its Own Data Center to Address Computing Power Shortage

Report: Jane Street Plans to Build Its Own Data Center to Address Computing Power Shortage

``` Jane Street, one of the world’s largest market makers, is planning to build its own data center to address increasingly tight computing power supply. As competition for computing resources intensifies due to artificial intelligence, this quantitative trading giant seeks to reduce its reliance on external suppliers and take control

Federal Reserve official: The current choice is between remaining patient or raising interest rates; inflation is the top economic risk, and AI has not had an impact yet.

Federal Reserve official: The current choice is between remaining patient or raising interest rates; inflation is the top economic risk, and AI has not had an impact yet.

Federal Reserve officials spoke intensively on Thursday, June 4, Eastern Time, with three regional Fed presidents sending relatively hawkish signals on issues of inflation and interest rate direction. They stated that the Fed’s main decision now is to exercise patience and keep rates unchanged, or to proactively raise rates