on February 2nd, according to Jinshi's report, in January of this year, Chinese artificial intelligence start-up Deep Search Company released its latest open source model R1, breaking the myth of "bigger is better" in artificial intelligence development. According to the US market observation website, Nvidia's market value shrank by $552 billion in the past week. In addition, Microsoft's cloud service platform, Amazon's cloud computing department, and Nvidia all announced that Deep Search Company's R1 model has been integrated into their platforms.
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Nvidia's market value has shrunk by more than $550 billion in the past week
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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.
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Bank of America: Markets will soon digest expectations of a Fed rate cut in January.
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The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.
yield on the US 10-year Treasury rose 2 basis points to 4.12%, reaching a new high since November 2020. -
Social media platform "X" has been fined €120 million by the European Union for violating content regulations.
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Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink
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US investors consider crypto less as risk-taking drops: FINRA study
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