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On May 27th, it was announced that Hong Kong and America Internet LOF (160644) will be suspended from trading starting May 28, 2026, and will resume trading at 10:30 AM on May 28, 2026. Redemption services will continue as usual during the suspension period.On May 27th, Tencent Cloud announced that its new-generation Canghai V2 chip has successfully "lit up" (meaning current flows smoothly through the chip, indicating it is usable) and is currently in mass production, with plans to fully provide online services in the second half of 2026. It is understood that Tencents "Canghai" chip began development in 2019 and entered mass production and large-scale application in 2023. Currently, over 100,000 Canghai V1 chips have been deployed on Tencent Cloud and in Tencents own scenarios, covering core scenarios such as live streaming and video-on-demand, 4K ultra-high-definition high frame rate transcoding, real-time cloud gaming encoding, and multimedia processing. Meanwhile, the encoding and decoding processing capability of a single chip has doubled compared to V1, further improving the cost-effectiveness of computing power. Unlike general-purpose chips, "Canghai" is a dedicated chip designed specifically for video encoding and decoding (transcoding) scenarios, primarily developed based on the massive audio and video business needs of Tencent itself.Market news: ELEMENTAL IMPACT has launched a data center innovation initiative with Amazon, Google, Meta, and Microsoft.On May 27, according to Saudi media Alhadath, Bagheri, Deputy Secretary of Irans Supreme National Security Council, stated that Iran and Oman are currently negotiating to determine a new mechanism for passage through the Strait of Hormuz. The conditions and arrangements for passage through the Strait of Hormuz will differ from those before the war. Bagheri also stated that indirect communication between Iran and the United States continues.May 27th - The global artificial intelligence industry has accelerated its development this year, driving my countrys computing power services, smart hardware, and related products and services to the international market. Foreign trade growth across the country is showing a stronger "intelligence content." In Shantou, Guangdong, leveraging the "data processing" policy pilot program, large-scale model calls initiated by overseas users can enter a dedicated zone through compliant links. After inference calculations and token consumption are completed in the local data center, the data is then returned to overseas clients via submarine optical cables. Last month, the first nationwide full-link verification of token (word) export was completed here. From 100 million token calls per day at the end of April to tens of billions of token calls per day now, Shantous "token export" call scale has grown rapidly in less than a month. Behind the export of computing power services is the simultaneous improvement of my countrys computing power infrastructure and hardware supply capabilities. In Shenzhen, a batch of palm-sized microcomputer hosts are becoming "lightweight computing power bases" for large-scale overseas game design and local AI inference scenarios. Currently, the shipment volume of microcomputers here accounts for about 15% of the global market.

Bitcoin falls 7.8% to $31,333

Cory Russell

May 10, 2022 10:10

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At 20:03 GMT on Monday, Bitcoin had plummeted 7.81 percent to $31,333.41, a loss of $2,655.98 from its previous closing.


Bitcoin, the world's most popular cryptocurrency, is down 35% from its all-time high of $48,234 on March 28.


On Monday, Ether, the cryptocurrency tied to the Ethereum blockchain network, dropped 9.02 percent to $2,295.06, losing $227.61 from its previous closing.