Paraguay’s National Electricity Administration (ANDE) said special power contracts for high-energy users, including cryptocurrency miners, will end on December 31, 2027, and will not be renewed under current regulations. According to Odaily, the operators collectively use 943.8 megawatts of Paraguay’s surplus hydropower, and the change is expected to significantly affect HIVE Digital Technologies, which has about 77% to 80% of its active mining capacity in the country. ANDE is also signing 15-year power supply agreements with AI data centers.

According to ChainCatcher, Fed Vice Chair Philip Jefferson said inflation has become the most important measure for policymakers weighing whether to raise interest rates further. He noted that economic activity and the labor market have remained strong recently, while price pressures persist. Jefferson said the inflation outlook will provide an important signal for monetary policy, and policymakers should follow economic data when deciding whether to adjust policy. Several Fed officials expressed concern about price pressures this week, while markets expect a rate hike in December.

Anthropic’s highly anticipated IPO faces added scrutiny after Nvidia co-founder and longtime CEO Jensen Huang stepped down on Thursday, following reports that he was involved in two extramarital affairs. The IPO is seen as a test of investor appetite for the AI sector. According to Sina Finance, Anthropic is expected to list next Wednesday or Thursday, days after Nvidia reports earnings for the first time without Huang at the helm. Nvidia is a close Anthropic partner and has agreed to buy about $10 billion in shares through a $26 billion private placement concurrent with the IPO, according to Anthropic’s filing. Anthropic has committed billions of dollars for access to Nvidia’s advanced chips. Investors and analysts said the Nvidia turmoil is unlikely to affect Anthropic’s core business but could influence the broader narrative around AI. Jay Goldberg, an analyst at Seaport Research Partners and one of the few Wall Street analysts with a sell rating on Nvidia, said Huang’s departure would not stop the IPO. He said greater risk could emerge after listing, when Anthropic releases its first quarterly results and investors may question whether the AI rally can continue. M13 partner Carl Almar said Anthropic’s fundamentals remained solid, citing strong company data, ample computing capacity and controlled spending. Anthropic is less dependent on Nvidia than many peers: some of its models also run on Google TPUs, Amazon Trainium chips and AMD GPUs. The company is also reportedly developing its own chips. Francine McKenna, an accountant and investigative journalist who teaches at the Wharton School, said Nvidia’s $10 billion commitment was likely to proceed, but investors who expected Nvidia to support CoreWeave might need another backer. Georgetown professor Jason Schletzer said scrutiny of Anthropic’s ties to Nvidia and Nvidia-linked customers could increase. With more than 400 investors involved, the IPO is a high-stakes liquidity event for Silicon Valley’s AI-focused private market. Market participants broadly view a successful listing as positive for the AI rally, while a weak reception or indefinite delay could signal that the boom is nearing a bubble break. One anonymous venture investor said Anthropic could benefit because its CEO, Dario Amodei, has differed with Huang on AI regulation, and the company’s chip development could open up supply-chain capacity.

Anthropic's prospectus refers to the $40 trillion in wages paid to global knowledge workers as "economic value." This article follows up on the footnote by asking: if this money is indeed consumed by the model, whose account will it flow to?

Following Jensen Huang's resignation, Polymarket has bet on ten potential successors: Ian Buck leads with 30%, followed by Kress at 17%, and outsiders Haas and Srugi each at 12%. This article analyzes the three camps and the challenges of poaching talent.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

AI currently serves more as a discovery and auxiliary entry point for shopping than as an independent buyer; the true economic boundary of agency commerce lies in the cost of verifying whether a purchase is correct, and stablecoins can only save some access and settlement friction.

After Jensen Huang resigned, Nvidia's stock price fell 31% from its peak, with a price-to-earnings ratio of only 12. Barron's believes the key is profitability rather than personnel, and analysts have given it up to 160% upside potential.

When the telephone was invented, no one knew what it was meant to be used for, but it was eventually envisioned as the nervous system of a "world brain" connecting all of humanity.

Airwallex CEO Zhang Shuo once questioned cryptocurrencies, but now his co-founded Alta has completed a $47.5 million funding round to create blockchains for financial institutions.

If you lose money trading cryptocurrency for a friend, you don't have to pay them the full amount. Whether it constitutes fraud depends on whether there was any deception or intent to illegally possess the money.

Jensen Huang resigned as CEO of Nvidia, and CFO Kress took over as interim CEO. The shift in AI narratives, coupled with leveraged trading, caused Bitcoin to fall below $68,000 at one point, with $1.23 billion in liquidations across the network in 24 hours.

China's trade surplus and net foreign exchange settlement will continue to provide support, and the RMB exchange rate is expected to fluctuate more in both directions in 2027, with three scenarios determining its direction.