August 7 news, when asked whether Fed Chairman Kevin Warsh should avoid raising interest rates before the midterm elections, Trump said: 'It depends on him to some extent, but not entirely. He has a very political committee. It's not entirely up to him, but up to the committee. I think he is outstanding. I won't criticize him.' (Jin Shi)
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Trump: Fed Rate Decisions Not Entirely Up to Walsh
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US Regulators Systematically Review Chinese AI Firms' Third-Country Computing Power Leasing
August 7 news, according to Bloomberg, people familiar with the matter revealed that the U.S. government department responsible for investigating chip export control violations is reviewing Chinese AI companies' leasing of computing power in third countries to obtain Nvidia advanced chips. -
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August 7 news, Bernstein said it raised the target price for SpaceX (SPCX.O) from $239 to $248, raised the target price for Cloudflare (NET.N) from $136 to $164, and raised the target price for Lockheed Martin (LMT.N) from $614 to $629. -
Spot Silver Surges 5% Intraday
On August 7, spot silver surged 5.00% intraday, now quoted at $64.60 per ounce. Spot gold continued to hit a fresh high since June 18. (Jin10) -
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Microsoft Provides $60 Million to U.S. Department of Energy to Boost AI Deployment in Nuclear Energy
Microsoft announced multi-year funding support totaling $60 million to the U.S. Department of Energy's Genesis project. Under the plan, Microsoft will disburse $40 million in Azure compute and AI credits over three years, and invest $20 million in solution engineering and support services. In addition to funding, Microsoft is establishing a new coordination center called SPARK (Strategic Partnership for Advancing Research and Knowledge Science) to serve as the single entry point for collaboration between Genesis and Microsoft. -
Trump: AI Could Be Even More Important Than Oil
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Unitree Technology's Wang Xingxing: Company and DeepSeek to Focus on Cooperation in AGI, High-Performance General-Purpose Robots, and AI Large Models
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