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ByteDance's revenue in the first half of the year was close to that of Meta, but its profits fell to $20 billion due to its investment in AI.

ByteDance's revenue in the first half of the year was close to that of Meta, but its profits fell to $20 billion due to its investment in AI.

ByteDance is at a crossroads between its expansion and profit pressure. While the company's revenue grew strongly in the first half of the year, nearly matching that of Meta, its massive AI investments are eroding profitability, resulting in a profit decline rarely seen in recent years. According to

$44.8 million! The freight rate for US crude oil shipped to Asia has hit a record high.

$44.8 million! The freight rate for US crude oil shipped to Asia has hit a record high.

The deteriorating situation in the Middle East is profoundly reshaping the global energy trade landscape. As supply disruptions caused by the war with Iran intensify, the strategic value of US crude oil to Asian buyers has risen sharply, and related freight rates have reached record highs. As of Tuesday, according

Jensen Huang has repeatedly stated that there is no need for regulations to control the development of AI.

Jensen Huang has repeatedly stated that there is no need for regulations to control the development of AI.

As the AI security debate swept through Silicon Valley, Nvidia CEO Jensen Huang chose to take a different stance. Nvidia CEO Jensen Huang has recently made a series of public statements opposing the use of legislation or regulation to restrict AI development, and has publicly endorsed Trump, characterizing the current

US Republicans plan to accelerate legislation requiring AI data centers to "pay their own electricity bills."

US Republicans plan to accelerate legislation requiring AI data centers to "pay their own electricity bills."

U.S. Senate Republicans are considering accelerating the legislative process to push through a bill ahead of the November election. The bill aims to address the impact of power-hungry data centers and demonstrate to voters the efforts lawmakers are making to curb rising energy costs for consumers. According to Bloomberg,

Report: OpenAI is considering a $1.2 trillion valuation in a pre-IPO funding round.

Report: OpenAI is considering a $1.2 trillion valuation in a pre-IPO funding round.

OpenAI is in initial contact with investors for a new round of private funding, targeting a valuation of $1.2 trillion. On September 15, according to reports citing sources familiar with the matter, OpenAI has begun discussions with major investors regarding a new round of financing, with a proposed valuation

AI simulation experiments exhibit out-of-control behaviors: lying, killing peers, developing new languages, and exploring how to bypass human control to survive.

AI simulation experiments exhibit out-of-control behaviors: lying, killing peers, developing new languages, and exploring how to bypass human control to survive.

According to Emergence, a startup that helps small businesses build applications using artificial intelligence, in a simulated environment experiment, the AI agent exhibited behaviors such as lying, stealing, and voting to "kill" one of its counterparts. Emergence released the results of a simulation experiment called Emergence World 2

Japan is reportedly planning to double its defense spending to 3.5% of GDP, a claim denied by the Ministry of Defense, while Japanese bond yields still hit a 30-year high.

Japan is reportedly planning to double its defense spending to 3.5% of GDP, a claim denied by the Ministry of Defense, while Japanese bond yields still hit a 30-year high.

On Tuesday, the 25th local time, news broke that Japan was considering a significant increase in its medium-term defense spending target, causing further volatility in the already pressured Japanese government bond market. Market concerns about the sustainability of Japan's fiscal policy intensified sharply, and the long-term interest rate