Tencent launches T1 reasoning model amid growing AI competition in China

By Yelin Mo and Andrew Silver SHANGHAI (Reuters) – The Chinese Technology giant Tenncent launched the official version of its T1 reasoning model on Friday evening, intensifying competition in the artificial intelligence sector increasingly congested in China. The upgraded T1 model offers faster response times and improved capacities for the processing of extended text documents,…

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More than $1 billion has been liquidated in the cryptocurrency market in the past 24 hours as Bitcoin falls below $105,000.

Key takeaways Over $1 billion in crypto positions were liquidated in 24 hours due to high market volatility. Leveraged traders faced forced position closures as Bitcoin and Ethereum prices fell. Share this article More than $1 billion in cryptocurrency positions were liquidated in the past 24 hours as the digital asset market experienced high volatility….

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Kyrgyzstan joins Binance Founder to stimulate the Blockchain infrastructure

The National Investment Agency under the president of Kyrgyzstan has signed a memorandum of understanding with Changpeng Zhao. Zhao, the founder of Binance, signed the memorandum aiming to move forward The country’s ecosystem and the country’s blockchain ecosystem. According to the agreement, the parties will collaborate on the development of infrastructure, technical expertise and consulting…

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Fidelity launches the tokenized treasure supported by Blackrock’s Fund

Fidelity Asset Management introduced a version based on the blockchain of its treasury money market fund, extending its digital financial presence. The new product, called token of digital interest Fidelity (FDIT), reflects a part of the Fidelity Treasury Digital Fund (Fyoxx) and is published directly on the Ethereum network. What is Fidelity Digital Interest Token…

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