Central banks and sovereign wealth funds are increasing their cryptocurrency reserves

Capital markets have seen a dramatic rise in the valuation of digital currencies over the past few months. The US election results amplified the surge, with President-elect Donald Trump consistently expressing pro-crypto policies and lax views on the regulatory framework. Bitcoin (BTC), for example, the world’s leading alternative cryptocurrency, is up approximately 150% in 2024….

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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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