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OpenAI's GPT (Generative Pre-trained Transformer) language model is about to be released.

3 hours ago

July 10th. According to U.S. tech media The Verge, Microsoft (MSFT.O) is on the verge of experiencing a significant turn in its intricate relationship with OpenAI. While the two parties are in the process of renegotiating their contract to enable OpenAI to restructure as a for-profit entity, OpenAI is gearing up to release an open-source language model, which is likely to further widen the rift between the two companies. Insiders disclosed that this AI lab led by Sam Altman is scheduled to release an open-weight model next week. This model will not only be hosted on OpenAI and Microsoft Azure servers but will also be made available to other cloud service providers. In contrast to the closed-weight model commonly employed by OpenAI, this publicly accessible weight parameter (a kind of training parameter) will be open to the public. This openness allows businesses and governments to deploy the model independently. (BlockBeats)
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Justin Sun has promised to purchase $100 million worth of TRUMP, calling it the "MAGA Coin."

On July 10th, as per Cointelegraph, Justin Sun declared that they are committed to purchasing $100 million worth of TRUMP and referred to it as the "Make America Great Again (MAGA) currency."

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Bitcoin Surges to $112,000, Hits New All-Time High

On July 10th, based on HTX market data, Bitcoin witnessed a surge and touched $112,000, reaching a new all-time high.

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The SEC Delays Approval of Blackrock's Ethereum ETF Physical Redemption Mechanism

On July 10th, the U.S. Securities and Exchange Commission (SEC) postponed the approval of BlackRock's Ethereum ETF that has a physical redemption mechanism.

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Bitcoin Breaks $110,000

On July 10th, based on HTX market data, Bitcoin surged past $110,000, witnessing a 24-hour price fluctuation of 1.11%.

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The SEC has approved Bitwise's amendment to its Bitcoin and Ethereum spot ETF regarding in-kind redemptions

On July 10th, the U.S. Securities and Exchange Commission (SEC) verified the receipt of Bitwise's amendment regarding in-kind redemptions for Bitcoin and Ethereum spot ETFs.

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Fed Meeting Minutes: Most Participants Believe Tariffs Could Have a More Persistent Impact on Inflation

July 10th: The minutes of the June meeting of the Federal Reserve that were recently released showed that the participants noticed the stability of long-term inflation expectations and emphasized the significance of maintaining stability. Several participants remarked that short-term inflation expectations had increased. This development could spill over into long-term expectations or have an impact on price and wage setting in the near term. While a few participants pointed out that tariffs would cause a one-time price increase without influencing long-term inflation expectations, most participants indicated that tariffs could have a more lasting effect on inflation. Some participants emphasized that this sustained effect could also affect inflation expectations. Some participants noted that since inflation has been rising for some time, if inflation continues to rise, the risk of losing control of long-term inflation expectations would increase. (Jin10)

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