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OpenAI raises its cloud services expenditure forecast to $700 billion, and launches enterprise AI agent platform Presence.

52 minutes ago

According to a Wall Street Journal report, OpenAI is expanding its data center scale and increasing its spending budget in this field. Sources revealed that OpenAI has raised its projected 2030 computing expenditure from approximately $600 billion earlier this year to around $750 billion. This growth reflects OpenAI’s new agreements with cloud computing service providers to rapidly obtain the massive computing power required for developing and operating its AI models. OpenAI announced Wednesday it will invest $20 billion to launch the "Camellia" data center project in Effingham County, Georgia. Sachin Katti, OpenAI’s vice president of compute strategy, said the company has signed a contract with Georgia Power to secure 3.2 gigawatts of power supply between 2028 and 2032. The project’s total cost is expected to exceed $30 billion, potentially making it one of OpenAI’s largest data centers to date. Per people with knowledge of the matter, OpenAI has hired Brent Mayo—one of the lead architects behind Elon Musk’s data center construction projects—to help ensure the data center project progresses as scheduled. Meanwhile, OpenAI has officially launched its enterprise AI agent platform Presence, which deeply integrates AI models with internal corporate data, policies, and business processes, offering automated solutions for scenarios such as customer service, sales, and IT support, moving beyond solely selling model access rights.

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Arthur Hayes adds 644.34 ETH to his position again.

According to Lookonchain’s monitoring, Arthur Hayes purchased an additional 644.34 ETH (valued at $1.25 million) 8 hours ago. Over the past 8 days, he has bought a total of 3,270 ETH worth $6.27 million, at an average purchase price of approximately $1,917.

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A US judge has scheduled the trial of the drug-related case involving Maduro for June 2027.

A US judge has set the trial date for Venezuelan President Nicolás Maduro, who was forcibly taken into US custody, to begin on June 1, 2027. The US launched a military operation against Venezuela on January 3, forcibly detaining Maduro and his wife and bringing them to the US. US judicial authorities have charged the couple with drug trafficking offenses. On January 5, Maduro and his wife made their first court appearance at the Southern District of New York Federal Court, rejecting the US's so-called "criminal" charges. Currently, Maduro is being held at the Metropolitan Detention Center in Brooklyn, New York. The international community has widely condemned the US for seriously violating Venezuela's sovereignty and threatening peace and stability in the Latin American region. (CCTV News)

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Crypto debit card firm Wirex shifts to stablecoin banking infrastructure.

According to Forbes, crypto debit card firm Wirex is pivoting from its retail business to stablecoin banking-as-a-service, offering enterprises infrastructure including stablecoin cards, bank accounts, and cashback features. Wirex is a principal member of Visa and Mastercard, allowing it to issue cards directly without going through sponsoring banks.

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Texas Instruments' second-quarter revenue reached $5.46 billion, up 23% year-over-year.

Texas Instruments posted second-quarter revenue of $5.46 billion, a 23% year-over-year increase, with net profit hitting $1.98 billion, higher than the same period last year. The company projects third-quarter revenue to range between $5.65 billion and $6.15 billion, exceeding Wall Street expectations, as demand for its analog chips is driven primarily by AI infrastructure investment and a recovery in the industrial and automotive markets.

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A crypto whale purchased 27,000 ETH via over-the-counter (OTC) trading after remaining inactive for three months.

According to Lookonchain’s monitoring, a crypto whale that had been inactive for three months purchased 27,000 ETH worth $52.03 million via Galaxy Digital’s OTC service four hours ago.

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Trump: US federal government expected to face shutdown in September

Local time on July 22, US President Donald Trump mentioned in a speech in Georgia that a federal government shutdown will occur in September due to disagreements between Republicans and Democrats over spending priorities. Local time on July 21, the Republican-controlled US House of Representatives passed a short-term appropriations bill that would fund federal agencies through December 4, aimed at preventing a shutdown before the November midterm elections caused by funding shortfalls. This temporary funding measure is also known as a "continuing resolution". The bill will be sent to the Senate for review after its passage. Currently, Senate Republican leaders are in negotiations with Democrats and considering introducing their own short-term funding proposal. If Congress fails to pass an appropriations bill in a timely manner, funding for most federal agencies and programs will expire at midnight on September 30, the end of the current fiscal year. (CCTV)

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