Alibaba has introduced a new artificial intelligence model designed to enhance the capabilities of robots and other devices in performing real-world tasks. Bloomberg posted on X, highlighting the potential of this AI model to revolutionize various industries by improving automation and efficiency. The AI model, developed by Alibaba's research institute, aims to provide advanced solutions for complex tasks that require a high level of precision and adaptability. This innovation is expected to benefit sectors such as manufacturing, logistics, and healthcare, where automation can significantly improve productivity and reduce operational costs. Alibaba's latest development underscores the company's commitment to advancing AI technology and its applications in everyday life. By integrating this model into existing systems, businesses can optimize their operations and enhance their service delivery. The introduction of this AI model aligns with Alibaba's broader strategy to leverage technology for driving growth and innovation across various sectors. As AI continues to evolve, its role in transforming industries and improving efficiency becomes increasingly critical. This move by Alibaba is part of a larger trend among tech companies to invest in AI research and development, aiming to create smarter, more efficient solutions for real-world challenges. The company's efforts in this area highlight the growing importance of AI in shaping the future of technology and industry.

BP has announced the suspension of its share buyback program while increasing its cost-cutting targets. Bloomberg posted on X, highlighting the mounting pressure on the UK energy company to adapt to changing market conditions. The decision reflects BP's strategic shift to manage financial challenges and optimize its operations. The company aims to enhance its financial resilience by focusing on reducing expenses and improving efficiency. This move comes as BP navigates a complex energy landscape, balancing shareholder interests with the need for sustainable growth.

AstraZeneca has projected an increase in profits for the year, attributing this growth to the strong performance of its cancer drug sales. Bloomberg posted on X, highlighting the pharmaceutical company's optimistic outlook as it continues to expand its oncology portfolio. AstraZeneca's focus on innovative treatments has positioned it well in the competitive market, with its cancer therapies playing a significant role in driving revenue. The company remains committed to advancing its research and development efforts to maintain momentum in the sector. AstraZeneca's strategic investments in oncology are expected to further bolster its financial results, reinforcing its status as a leader in the pharmaceutical industry.

Egypt's inflation rate has decreased to its lowest point since September, suggesting the possibility of an interest-rate cut later this week. Bloomberg posted on X, highlighting the potential for monetary policy adjustments in response to the easing inflation. The decline in inflation may provide the central bank with the flexibility to reduce interest rates, aiming to stimulate economic growth. This development comes as the country navigates economic challenges and seeks to balance inflation control with growth objectives. The central bank's decision will be closely watched by analysts and investors, as it could impact the broader economic landscape.

Meta, TikTok, and Snap are set to go to trial following a decision that denied their attempt to avoid legal proceedings. Bloomberg posted on X that public school districts across the United States have filed claims against these social media companies. The districts allege that the platforms have contributed to a mental health crisis among students. The lawsuit argues that the companies have designed their platforms to be addictive, leading to increased anxiety, depression, and other mental health issues among young users. The school districts are seeking accountability and remedies for the impact on students. The decision to proceed with the trial marks a significant step in addressing concerns about the influence of social media on youth mental health. The companies have previously faced criticism over their algorithms and content moderation practices. Meta, TikTok, and Snap have yet to comment on the latest development. The trial is expected to bring further scrutiny to the role of social media in shaping the mental well-being of young people. The case highlights ongoing debates about the responsibility of tech companies in safeguarding the mental health of their users, particularly minors. As the trial progresses, it may set precedents for how social media platforms are held accountable for their impact on society.

A fire broke out late Monday night at the Chatuchak Market, a popular tourist destination in Bangkok, affecting at least 48 shops. According to Ming Pao, the incident occurred while the market was closed, resulting in no casualties. Preliminary investigations suggest that the fire was caused by an electrical short circuit. Authorities are still assessing the extent of the damage.

CyrilXBT posted on X. Bitcoin's dominance in the cryptocurrency market is currently facing resistance around the 52% mark. If Bitcoin dominance breaks and holds above this level, alternative cryptocurrencies (alts) may continue to experience pressure. Conversely, if Bitcoin dominance is rejected at this resistance, there could be a rotation into high-beta altcoins. At present, the market dynamics still favor Bitcoin.

The BTTC staking feature has been officially integrated into the TokenPocket wallet, enhancing the on-chain staking experience. According to NS3.AI, this integration improves the user interface and interaction flow to make staking easier and more intuitive. It aims to lower barriers for user participation while ensuring network security and asset management efficiency.

The Nikkei 225 Index closed at a record high on Tuesday, driven by optimism surrounding Japanese Prime Minister Sanae Takaichi's policies. According to Jin10, this follows the index reaching a historic peak on Monday. In light of Sunday's House of Representatives election results, JPMorgan's global market strategy team released a report predicting that the Takaichi administration will have a long tenure and will expedite the implementation of 'Sanaenomics.' The report outlines 'Sanaenomics' as a strategy that balances interest and exchange rates while pursuing prudent yet proactive fiscal policies to boost corporate investment and accelerate corporate governance reforms.

Crypto.com CEO Kris posted on the X platform that ai.com will begin rolling out its official product to registered users on the site within 48 hours. Due to the hundreds of thousands of people in the queue, a phased rollout will be implemented to ensure sufficient infrastructure capacity.

A Chinese-language crypto guarantee service known as Xinbi has reportedly processed $17.9 billion in blockchain transaction volume despite major enforcement efforts and platform bans, according to a new investigation by TRM Labs.

Ethereum L2, ETH, Layer 2, altcoins, Vitalik Buterin, Vitalik personally denied L2. Is there any hope for altcoins? Golden Finance, the survivor game of altcoins.

Cryptocurrency, once a speculative industry, has evolved into institutional-grade financial infrastructure, becoming the underlying financial internet platform with a similar open-source model, accessible to a global audience.

The various components of the AI-driven intelligent agent economy—payments, reputation, and identity—have been built up over the past few months. OpenClaw may be the platform through which they are connected.

Crypto.com CEO Kris Marszalek has acquired the coveted AI.com domain for approximately $70 million, paid entirely in cryptocurrency.

We are at one of the most unique and asymmetrical moments in history. The only right thing to do now is to lengthen your time horizon and completely abandon short-termism.

How can a local AI "born to be lazy" become the master of your computer?

The White House meeting on stablecoin policy held on February 10 was seen as a key step in breaking the deadlock over the Clarity Act.

Morgan Stanley points out that while the Federal Reserve's balance sheet reduction is technically feasible, the process will be slow and primarily rely on passive reduction. With reverse repos largely exhausted, future balance sheet reduction will manifest more as a decrease in bank reserves, potentially impacting market liquidity.

Are non-financial use cases for crypto dead? These conclusions misunderstand both the core concepts and the stage of development we are in. The reality of long-term cryptocurrency optimism is a long period of foundational work followed by a sharp inflection point.