Musk Reviews OpenAI's New Investment Plan: They Actually Have No Money
On January 22nd, Elon Musk commented on OpenAI's released Interstellar Gateway plan, stating, "They actually don't have the funds."
It is known that the Interstellar Gateway project is a newly established company planning to invest $500 billion in the next four years to build new artificial intelligence infrastructure for OpenAI in the United States. OpenAI will immediately start to allocate $100 billion. This infrastructure will guarantee the United States' leadership in the field of artificial intelligence, create hundreds of thousands of American job opportunities, and bring huge economic benefits to the world.
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Coinbase CEO: Bitcoin Can Serve as a Great Hedge Against Deficit Spending and Inflation, Providing a Safe Haven for People
On January 22nd, Coinbase's CEO, Brian Armstrong, stated while participating in the World Economic Forum in Davos, Switzerland: "Bitcoin can act as an excellent hedge against deficit spending and inflation. In times of out-of-control situations, people will turn to Bitcoin for safety."
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The United States already has 12 states actively pursuing the Strategic Bitcoin Reserve Bill.
On January 22nd, as reported by Cointelegraph, 12 US states are actively advocating for a strategic Bitcoin reserve bill. These states include:
· Florida, Alabama, New Hampshire;
· Pennsylvania, Ohio, North Dakota;
· Oklahoma, Texas, Wyoming;
· Massachusetts, Utah, Arizona.
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Swiss crypto exchange platform Smart Valor is exploring the possibility of selling all or part of its business
On January 22nd, as per CoinDesk, the Swiss cryptocurrency exchange and AI-driven investment firm Smart Valor is delving into the prospect of selling either all or a portion of its business. The CEO and co-founder, Olga Feldmeier, stated in an interview that the company is conducting a strategic review following the receipt of a substantial amount of interest from large global exchanges, cryptocurrency platforms, and traditional financial (TradFi) institutions such as banks and trading platforms.
The European Union's Markets in Crypto-Assets (MiCA) regulation took effect on December 30th of the previous year, making Smart Valor a potential target for companies operating in Europe without European regulatory approval. Although Switzerland and Liechtenstein (the regulatory jurisdiction of Smart Valor's retail cryptocurrency exchange) are not EU member states, they are part of the European Economic Area (EEA) and can adopt MiCA. Liechtenstein's law will become effective on February 1st.
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Ethereum Core Developer Eric Conner Announces Exit from Ethereum Community
January 22nd. Eric Conner, an Ethereum core developer, took to social media and stated, "I am no longer associated with '.eth'. Perhaps at some point in the future, someone in a leadership position will realign with the community. For now, I'm parting ways. Deep within, I sincerely wish for Ethereum's success. Best of luck."
Previously, Eric had expressed that the Ethereum Foundation (EF) lacked transparency and there was a growing sense of disconnection from the community. The Foundation could have slashed 80% of its budget, enabling Ethereum to operate and grow smoothly. The problem is that the current Foundation does not provide reports to stakeholders, is gradually getting mired in a quagmire, and is resistant to change. The Foundation currently exhibits an "anti-victory and competitive mindset", leading many community members to question whether they should continue to remain.
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ByteDance Denies Rumors of "Preparing $12 Billion Investment in AI Infrastructure"
On January 22nd, news emerged that ByteDance will invest more than 12 billion USD in artificial intelligence infrastructure this year. This includes preparing 40 billion RMB to purchase AI chips by 2025, which is double the expenditure in 2024. It also plans to invest approximately 6.8 billion USD overseas.
In response to this, a spokesperson for ByteDance told reporters that the relevant news is inaccurate. ByteDance attaches great importance to the development and investment in the field of artificial intelligence, but the rumored budget and plan are incorrect. (Jinse)
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