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Federal Reserve Vice Chair Jefferson: The Federal Reserve’s discount window remains ready to lend when needed.

1 hours ago

Federal Reserve Vice Chair Philip Jefferson stated in a speech prepared for the Federal Reserve Bank of New York’s annual Treasury Markets Conference that the U.S. central bank’s discount window — a financing tool providing short-term liquidity assistance to banks — remains ready to be deployed whenever needed. He noted that usage of the tool typically rises when money market rates face upward pressure. Jefferson added that the discount window supports the Fed’s monetary policy implementation and complements the central bank’s standing repo operations, “jointly easing pressures in funding markets”.

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Likely boosted by Donald Trump's mention of Super Intelligence, Solana ecosystem meme coin Super Inu surged more than 3 times in a short timeframe.

Per GMGN market data, Solana ecosystem meme coin Super Inu rallied over 300% in a short period, with its current market cap standing at $7.23 million. Issued on the Stonk platform, Super Inu draws inspiration from former US President Trump’s push to rename artificial intelligence (AI) as "Super Intelligence". It is paired with tokenized US stock Nvidia, built on the Backed Finance/xStocks framework. Trump announced in his recent UN General Assembly speech that he intends to rename AI to "Super Intelligence", and all US government documents will use the term "Super Intelligence". BlockBeats cautions users that related tokens have small market capitalizations, high price volatility, and early holders have already reaped substantial profits, so there may be considerable selling pressure in the short term. Users are advised to exercise caution when investing.

6 minutes ago

Cloudflare Automatically Provisions Temporary Test Servers for Coding Agents

Beating AI Express News: Cloudflare has launched Worker Previews. Workers can be simply understood as backend programs running on Cloudflare, used to handle APIs, logins, databases, and web requests. Now, every time a developer or Coding Agent creates a new Git branch, they can spin up an independent temporary test environment for these Workers. They can modify code and deploy it directly for testing without touching the production site. This test environment comes with its own URL, logs, and runtime status, and can also create separate resources such as Durable Objects and Containers. As a result, Agents can independently complete the full workflow: modifying code, deploying, opening web pages for testing, checking errors, and making further revisions. Cloudflare previously offered Preview URLs, but these mainly generated temporary URLs for a specific Worker version, with underlying resources still potentially linked to the production environment. Now each branch can run a separate instance, so Agents no longer have to worry about disrupting live services when testing new code.

6 minutes ago

Trump: The United States opposes any global plot to control artificial intelligence.

During his speech at the United Nations General Assembly, Trump stated that the U.S. opposes any global "plot" to control artificial intelligence. "We will encourage superintelligence, not restrict it," he said. Additionally, Trump announced plans to rename artificial intelligence to "superintelligence", with all U.S. official documents adopting the term "Super Intelligence".

6 minutes ago

After reaching 200 million daily active users, ByteDance’s AI chatbot Doubao is shifting its users from casual chatting to productive work tasks.

Beating AI Newsflash: LatePost reports that Doubao’s General Session team is downsizing. The team, which previously had around 50 members and was once Doubao’s largest internal team, is primarily responsible for dialogue strategy, evaluation, and response experience. The team is expected to shrink by roughly half post-adjustment: some employees will be reassigned to Doubao’s commercialization, Feishu, and other teams, while the rest will be laid off. The model side is also contracting. The Product Posttrain-Chat team, responsible for post-training Doubao dialogues, has seen some staff transferred to Horizon RL and Product Posttrain-Work. The latter team mainly serves office and AI agent scenarios. In August this year, Seed just established Product Posttrain-Work while renaming the original Application team to Product Posttrain-Chat. Less than two months later, the Chat team began downsizing. Doubao currently boasts over 200 million daily active users (DAU), with dialogue remaining its largest user entry point. However, in recent months, ByteDance has clearly shifted more manpower to office tools, enterprise services, and commercialization.

6 minutes ago

DeepSeek and Moonshot AI have been invited to discuss AI risks with the UN Security Council.

Beating AI News Brief: Reuters, citing insiders, reports that both DeepSeek and Moonshot AI have been invited to address the UN Security Council on AI and international security. DeepSeek is expected to deliver its briefing to the council this week, with founder Liang Wenfeng not planning to attend. Moonshot AI has also received an invitation but has yet to confirm participation. The meeting will discuss risks posed by AI to international security. OpenAI CEO Sam Altman plans to attend and speak, while Anthropic is also expected to send a senior representative. This marks the UN Security Council’s first formal discussion on AI risks in 2023. Back then, China warned AI should not become an "unbridled wild horse", while the U.S. cautioned against using AI to censor or suppress people. The current meeting comes as discussions between China and the U.S. on AI security heat up. Multiple U.S.-based AI companies have recently called for coordinated slowdowns in the development of frontier AI, while Chinese state media has criticized such proposals, arguing they could be used to limit China’s participation in global AI competition.

6 minutes ago

Coinbase teams up with Morpho to launch Bitcoin collateralized fixed-rate loan service.

Coinbase has announced the launch of Bitcoin collateralized fixed-rate loans, enabling users to access liquidity without selling their BTC, while locking in interest rates and repayment dates prior to borrowing. Built on the Morpho Midnight protocol on the Base network, the new product is now available to eligible users in the United States, excluding New York State. Unlike Coinbase’s earlier launched floating-rate loans, this new offering features fixed interest rates and explicit repayment terms. Coinbase warns that loans carry collateral liquidation risk; failure to fully repay by maturity may trigger liquidation.

6 minutes ago

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