On July 1, it was reported that on June 30, Amazon Web Services (AWS), the cloud computing platform of the American tech giant Amazon, announced an investment of $1 billion (approximately 6.8 billion RMB) to establish a new artificial intelligence department dedicated to assisting customers in building and implementing AI systems. AWS stated that it plans to deploy thousands of frontline deployment engineers, and the relevant teams will collaborate closely with customers' business, R&D, and security departments. Within just a few weeks, they will help customers establish self-operating technical teams and deliver complete AI solutions. According to foreign media reports, AWS is the world's largest cloud service provider by revenue and the first large-scale cloud vendor to launch such a dedicated on-site engineer service.
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Amazon Web Services to Invest $1 Billion in New AI Department
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Fed Chair Waller: Aiming for Real-Time Data-Driven Policy Making Within a Year
On July 1, Federal Reserve Chair Waller set an ambitious timeline aimed at enabling the Fed to rely on new technologies that provide real-time economic data, thereby reducing dependence on lagging government survey data. Waller stated, 'My vision is that within the next 9 to 12 months, we will leverage new technologies to grasp the dynamics of the real economy in a synchronized, real-time manner, allowing us to make more informed decisions; we will no longer solely depend on data from government agencies that have statistical biases and are no longer applicable.' -
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Non-Farm Payroll Data to be Released Tomorrow, US Stock Market Closed on Friday
On July 1, due to the upcoming Independence Day holiday in the United States (July 3), the non-farm payroll data for June will be released earlier at 20:30 Beijing time on July 2 (Thursday). The US stock market will be closed for one day on July 3 (Friday). Trading for precious metals, energy, foreign exchange, US Treasury bonds, and stock index futures contracts under the CME will end early at 01:00 Beijing time on July 4. Trading for Brent crude oil futures contracts under the ICE will end early at 01:30 Beijing time on July 4. Investors are advised to take note. -
BTC Surpasses $60,000
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U.S. Stock Market Sees Collective Drop in Optical Communication Sector, Corning Falls 10%
On July 1, the U.S. stock market saw a collective decline in the optical communication sector. Corning fell by 10%, Lightwave Logic dropped over 7%, AXT Inc and MaxLinear fell over 6%, while Qorvo and Lumentum declined by over 4%. Coherent, Tower Semiconductor, Astera Labs, and GlobalFoundries each fell by over 3%, and Ciena, POET Technologies, Mavenir, Amphenol, and Fabrinet dropped by over 2%. -
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Wang Yi Talks on the Phone with U.S. Secretary of State Rubio
On July 1, it was reported that Wang Yi, a member of the Political Bureau of the CPC Central Committee and Foreign Minister, had a phone conversation with U.S. Secretary of State Rubio on June 30. Wang Yi emphasized that both sides should always uphold the spirit of equality, respect, and mutual benefit, and translate the important consensus reached by the two heads of state into specific policies and practical measures. Building a constructive and strategically stable relationship is not just a slogan; it requires action, mutual efforts, and long-term commitment. To this end, both sides should expand the cooperation agenda, create more positive initiatives, while also narrowing down the list of issues and managing various risks. The Taiwan issue is interconnected and affects everything; therefore, it is hoped that the U.S. side will handle Taiwan-related matters with utmost caution. Both sides agreed that the recent conversation between the two foreign ministers was positive and constructive, and they concurred on the need to jointly implement the important consensus reached by the two heads of state, continuing to maintain communication in a flexible manner. -
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