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Pang Tianyu, the post-95s head of Reinforcement Learning (RL) at Tencent Hunyuan, has reportedly resigned less than nine months after joining the team.

46 minutes ago

Beating AI News Flash: A post on Shen Ma’s WeChat Moments reveals that Pang Tianyu, Chief Research Scientist of Tencent’s Hunyuan and Head of Multimodal Reinforcement Learning Technology, has left his role and is likely to launch a startup next. Pang, a Tsinghua University Computer Science PhD advised by Professor Zhu Jun, previously served as Senior Research Scientist at Singapore’s Sea AI Lab. He led multimodal reinforcement learning research at Hunyuan, covering areas including image generation and vision-language models. In June, Tencent open-sourced the multimodal reinforcement learning framework UniRL, with Pang listed as a contributing author; the framework was updated to v0.2.0 in October. In July, Tencent merged Hunyuan’s Large Language Model Division and Multimodal Model Division to form the Basic Model Division, overseen by Yao Shunyu. That same month, Hu Han, Head of Hunyuan Multimodal Understanding, left to start a business. In September, former OpenAI researcher Tian Yonglong took over as Head of Hunyuan Multimodal.

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SOL falls below $95, with a 0.72% decline over the past 24 hours.

According to HTX market data, SOL has fallen below $95, currently trading at $94.98, with a 0.72% 24-hour decline.

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A crypto whale spent $62.97 million to buy 27,553 ETH in the past five hours, at an average price of approximately $2,286.

Per Lookonchain’s monitoring, a whale spent a total of $62.97 million to acquire 27,553 ETH over the past five hours, at an average purchase price of roughly $2,286. Earlier reports from Blockbeats noted that this same address had used 37.96 million USDC to buy 16,658 ETH within two hours, with an average price of $2,279.

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The three major U.S. stock index futures extended their gains, with Nasdaq 100 futures rising more than 1%.

According to data from the BIT Stock Platform, the three major U.S. stock index futures extended their gains. The Nasdaq 100 futures rose more than 1% at one point, the S&P 500 futures gained 0.52%, and the Dow Jones futures rose 0.39%.

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Whale Spends $62.97M to Buy 27,553 $ETH at $2,286 Average Price

Update: Over the past 5 hours, this whale has spent $62.97M to buy 27,553 $ETH at an average price of $2,286.

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Bank of Japan: Japan's real interest rate has risen somewhat recently.

The Bank of Japan (BOJ) stated in the full version of its quarterly outlook report released on Monday that Japan’s real interest rates have risen recently, particularly long-term and ultra-long-term rates. The report notes that when assessing the country’s domestic financial environment, the BOJ will examine a range of data and survey results instead of relying solely on a single indicator.

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Initia announced that its Layer 1 (L1) and Rollups have resumed operations, and bridges and trading platforms are expected to restore transfers later today.

Initia’s official announcement states that its L1 and Rollups are now online and operational again. Support for AUSD0, USDC.n, and WETH has been fully restored; bridge and trading platforms are expected to resume transfers later today. For security reasons, withdrawals of WETH and AUSD0 via LayerZero OFTs will be subject to a 24-hour waiting period, while Noble USDC withdrawals will have an hourly limit. Initia added that a full post-incident analysis report on the security incident and its response measures is expected to be released later this week.

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