EUR/USD
1.16743
0.011%
Gold
4625.77
-0.705%
Oil
79.907
-0.958%
USD/JPY
158.966
-0.148%
GBP/USD
1.36340
-0.095%
GBP/JPY
216.739
-0.238%
Real-time News
On August 26th, it was reported that the rapid increase in demand for AI computing power has led to a significant rise in memory chip prices, with upstream price increases being passed on to downstream end-users. Recently, Amazon raised prices on several hardware products. Among them, the entry-level model of the Echo series smart speaker, the best-selling model, saw the largest increase, rising from $49.99 to $79.99 (approximately RMB 538), an increase of about 60%. The 16GB basic version of the e-reader rose from $109.99 to $149.99 (approximately RMB 1000), an increase of about 36%. Before Amazons price increase, tech companies such as Apple, Microsoft, and Dell had already addressed cost pressures by raising product prices and reducing standard memory in hardware. Market research firm IDC previously warned that the global memory shortage may continue until 2027, and industry forecasts indicate that memory chip prices may peak in 2028 and then gradually decline and stabilize.On August 26th, according to foreign media reports, sources familiar with the matter revealed that Dark Side of the Moon is in talks with Microsoft, Amazon, and Google regarding revenue-sharing agreements, aiming to allow these US cloud computing giants to host its Kimi K3 model. If an agreement is reached, it could become the first significant revenue-sharing agreement between a Chinese AI company and a major US cloud computing firm. Sources indicated that Dark Side of the Moon is seeking up to 30% of the revenue generated from K3-related services on Microsoft Azure, Amazon Web Services (AWS), and Google Cloud, a term largely consistent with the startups offers to large customers using its open-weighted model. Sources also revealed that Dark Side of the Moon has already signed similar agreements with some smaller cloud platforms. Alibaba is also seeking revenue-sharing agreements with major users of its new open-source AI model.Market news: Japan will support the construction of pipeline facilities outside the Strait of Hormuz. Japan plans to provide additional shipping cost support.On August 26, Hong Kong Chief Executive John Lee met with Peking University Party Secretary He Guangcai to exchange views on promoting cooperation between Hong Kong and the Mainland in higher education, cultivating international talent, and strengthening scientific research collaboration. Lee stated that the Hong Kong SAR government is accelerating the development of the Northern Metropolitan Area and has reserved ample land for the planning of a university town. Through quality improvement and expansion, the government aims to enhance higher education, scientific research and innovation, and talent training facilities to attract more high-level international talent to Hong Kong. During the meeting, both sides exchanged views on the development model of the Northern Metropolitan University Town. Lee was greatly encouraged by Peking Universitys strong support for deepening cooperation between Beijing and Hong Kong in higher education. He pointed out that he looks forward to Peking University and Hong Kong universities continuing to deepen cooperation through the Beijing-Hong Kong University Alliance, further promoting complementary advantages between the two universities, and cultivating more globally competitive high-level talent for the country and Hong Kong.On August 26, Foreign Ministry Spokesperson Lin Jian held a regular press conference. It was reported that China announced President Xi Jinpings attendance at the 2026 Shanghai Cooperation Organisation (SCO) Summit. What message does China hope to convey through its attendance at the summit? Lin Jian stated that during this years Bishkek Summit, President Xi Jinping will exchange in-depth views with leaders of participating countries on deepening cooperation in various fields within the SCO under the new circumstances, as well as on major international and regional issues. He will also make plans and arrangements for guiding the SCOs high-quality development and participating in the reform and construction of the global governance system. China is willing to work with all parties to further consolidate consensus at the Bishkek Summit, jointly write a new chapter of cooperation, and make positive contributions to promoting the security, stability, development, and revitalization of countries in the region and building a community with a shared future for mankind.
