On April 29, U.S. and Brent crude oil prices continued to decline, completely reversing the gains made since the announcement of Trump's plan to extend sanctions on Iran. They are currently priced at $100.71 per barrel and $103.20 per barrel, respectively, both down approximately 0.6% for the day. (Jin Shi)
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U.S. and Brent Crude Oil Prices Continue to Decline
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Cyberspace Administration: Rapid Development of AI is Profoundly Changing Content Production
On April 29, according to The Paper, the State Council Information Office held a press conference. At the meeting, Niu Yibing, Deputy Director of the Cyberspace Administration of China (CAC), stated that the rapid development of new artificial intelligence technologies is profoundly changing content production, dissemination methods, and interaction forms in cyberspace, while also presenting new era challenges for the construction of online civilization. Niu pointed out that the development of artificial intelligence provides new technical support and pathways for producing high-quality content, innovating online communication, and cultivating a civilized atmosphere. However, it also brings a series of new issues, situations, and challenges, such as the identification of false information, personal information protection, and ethical safety in AI applications, which need to be addressed with strengthened regulation and effective responses while promoting development. Since the beginning of this year, the CAC has focused on new technologies and applications of artificial intelligence, continuously enhancing institutional supply, and in collaboration with relevant departments, has issued the 'Interim Measures for the Management of Humanized Interactive Services of Artificial Intelligence' and publicly solicited opinions from society regarding the management measures for digital virtual human information services. -
U.S. Senate to Vote Today on Confirmation of First Bitcoin-Supporting Federal Reserve Chair
On April 29, the U.S. Senate will vote today to confirm the first Federal Reserve Chair who supports Bitcoin. This position oversees the world's largest central bank and is involved in the cryptocurrency sector. (The Bitcoin Historian) -
US Spot Bitcoin ETF Sees $89.7 Million Net Outflow Yesterday
On April 29, according to monitoring data from Farside Investors, the US spot Bitcoin ETF experienced a net outflow of $89.7 million yesterday. -
US Spot Ethereum ETF Sees Net Outflow of $21.8 Million Yesterday
On April 29, according to monitoring data from Farside Investors, the US spot Ethereum ETF experienced a net outflow of $21.8 million yesterday. -
BTC Surpasses $77,000
Market data shows that BTC has surpassed $77,000, currently priced at $77,003.63, with a 24-hour increase of 0.23%. The market is highly volatile, so please ensure proper risk management. -
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ETH Surpasses $2300
Market data shows that ETH has surpassed $2300, currently priced at $2300.38, with a 24-hour increase of 0.67%. The market is experiencing significant volatility, so please ensure proper risk management. -
NVIDIA Executive to Discuss Physical AI Collaboration with Samsung and SK Hynix
On April 29, according to Yonhap News Agency citing industry sources, a key executive from NVIDIA (NVDA.US) will meet with counterparts from Samsung Electronics and SK Hynix on Wednesday to discuss collaboration in the field of physical artificial intelligence. Madison Huang, Senior Director of Product and Technology Marketing for NVIDIA's Physical AI platform, is visiting South Korea to expand partnerships in this area. Her team is responsible for NVIDIA's Omniverse development platform aimed at physical and industrial AI simulation applications, as well as supporting the company's initiatives in industrial digitalization and physical AI strategies through its robotics platform. Samsung Electronics and SK Hynix are major suppliers of memory chips used in NVIDIA's AI chips. NVIDIA is also collaborating with these South Korean chip manufacturers to deploy large-scale GPU clusters to strengthen South Korea's national AI infrastructure and promote the application of AI in robotics, factories, and industrial platforms. (Dongxin News Agency) -
A-shares Trading Volume Exceeds 1 Trillion Yuan
On April 29, the trading volume of the Shanghai and Shenzhen stock exchanges surpassed 1 trillion yuan, a decrease of nearly 120 billion yuan compared to the same time the previous day. (Dongxin News Agency) -
China's Token Call Volume Expected to Reach 211 Trillion by 2025, Exhibiting Exponential Growth
On April 29, the 'National Data Resource Survey Report (2025)' was released at the 9th Digital China Construction Summit. The report indicates that China's data resources are increasingly empowering the innovative development of artificial intelligence. A 'token' is the smallest unit of information obtained by splitting data for efficient processing by large AI models. By the end of 2025, the national average daily token call volume is expected to grow from over 1 trillion at the beginning of the year to 100 trillion by the end of the year, demonstrating exponential growth; the total token call volume for the year is projected to reach approximately 211 trillion. (Dongxin News Agency)
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