BTC $81,603.64 -0.67%
ETH $2,432.71 -0.79%
BNB $721.49 -1.17%
XRP $1.31 -2.55%
SOL $104.88 -1.66%
TRX $0.3353 +0.08%
DOGE $0.0803 -2.29%
ADA $0.2232 -3.39%
BCH $278.35 -1.48%
LINK $12.24 -2.83%
HYPE $79.95 -2.00%
AAVE $156.02 -3.14%
SUI $1.00 -3.95%
XLM $0.1791 -2.61%
ZEC $1,172.58 -4.53%
AAPL $343.01 +0.07%
AMZN $249.86 -2.21%
GOOGL $340.04 -3.03%
MSFT $529.09 -2.29%
META $708.61 -4.27%
NVDA $214.92 -1.51%
TSLA $353.17 -6.92%
SNDK $1,301.30 -5.61%
INTC $89.90 -5.15%
SPCX $145.76 -4.28%
MU $881.97 -4.04%
AMD $531.77 -4.19%
BTC $81,603.64 -0.67%
ETH $2,432.71 -0.79%
BNB $721.49 -1.17%
XRP $1.31 -2.55%
SOL $104.88 -1.66%
TRX $0.3353 +0.08%
DOGE $0.0803 -2.29%
ADA $0.2232 -3.39%
BCH $278.35 -1.48%
LINK $12.24 -2.83%
HYPE $79.95 -2.00%
AAVE $156.02 -3.14%
SUI $1.00 -3.95%
XLM $0.1791 -2.61%
ZEC $1,172.58 -4.53%
AAPL $343.01 +0.07%
AMZN $249.86 -2.21%
GOOGL $340.04 -3.03%
MSFT $529.09 -2.29%
META $708.61 -4.27%
NVDA $214.92 -1.51%
TSLA $353.17 -6.92%
SNDK $1,301.30 -5.61%
INTC $89.90 -5.15%
SPCX $145.76 -4.28%
MU $881.97 -4.04%
AMD $531.77 -4.19%

bab

All
Article
Flash

Waller refused to predict the remaining interest rate decisions for the year, with the probability of an interest rate hike in October dropping to about 17%

During the IMF meeting in Bangkok, Federal Reserve Chairman Kevin Walsh stated that he would not predict the outcomes of the remaining two interest rate meetings this year and was unwilling to disclose potential actions in advance. He said, "This is a new chapter for the Federal Reserve; we no longer do this." Regarding the recent signals from colleagues indicating "no urgency to raise interest rates this month," he neither explicitly supported nor refuted them. Walsh reiterated that the Federal Reserve will achieve price stability and noted that the global economy has largely aligned with central bank expectations since the interest rate hike in September, while describing the recent actions of various central banks as a synchronized tightening of monetary policy in most regions of the world.In September, the Federal Reserve unanimously raised interest rates by 25 basis points, increasing the target range for the federal funds rate to 3.75% to 4%. At that time, most officials expected at least one more rate hike this year. Despite the core CPI rising by 0.33% month-on-month in September, marking a strong increase for the second consecutive month, and the latest producer price data also being robust, Walsh hardly mentioned this week's inflation report and did not significantly attempt to change market expectations for the October meeting. Reports indicated that during his speech, the dollar weakened, and market bets on an interest rate hike in October dropped from about 30% to around 17%.Additionally, Walsh believes that the U.S. is experiencing significant investment growth and holds an optimistic view on economic resilience and the productivity boost brought by AI, but he warned that the development path will be "very bumpy," and the short-term impact of AI on employment remains unclear. DBS Bank macro strategist Wei Liang Chang stated that Walsh reiterated that artificial intelligence will improve productivity in the medium term, which may help ease inflation expectations and alleviate concerns about the Federal Reserve's consecutive rate hikes. Saxo Markets Chief Investment Strategist Charu Chanana noted that Walsh's refusal to commit to another rate hike led to some bets on Federal Reserve rate hikes falling flat, and related comments did not help the dollar following the release of strong inflation data.

NeoSoul and Alibaba Cloud have launched a strategic partnership to provide AI reasoning and computing support for NeoTrade

Singapore, October 13, 2026, the BSC ecosystem AI Agent project NeoSoul today announced a strategic cooperation with Alibaba Cloud. NeoSoul has integrated Alibaba Cloud's AI model services into its Agentic Trading product NeoTrade, providing support for model inference and computation for autonomous trading agents; as the product develops and usage scales grow, both parties plan to further explore cloud-based AI technology collaboration.After users set trading rules in NeoTrade, the AI Agent will continuously track market changes, assess trading opportunities, and execute strategies within the authorized scope. The model inference and computation services provided by Alibaba Cloud will support the Agent in repeatedly updating judgments in response to market changes, providing computational resources for autonomous trading applications.Kaelan, co-founder of NeoSoul, stated that AI Agents are evolving from answering questions to continuous decision-making and autonomous execution, rapidly increasing the demands on underlying AI infrastructure; Alibaba Cloud's modeling and computing capabilities will support NeoTrade in handling larger-scale and more complex autonomous trading tasks, and explore the application boundaries of AI Agents in real financial scenarios. An Alibaba Cloud spokesperson stated that they will support the development of NeoTrade through model services and computing capabilities, and continue to explore technological collaboration aimed at next-generation AI Agent applications with NeoSoul.

first_img Alibaba ModelScope competes with MoArk for the domestic open-source model platform

According to Rest of World, Alibaba launched the open-source model platform ModelScope in 2022, and OSChina launched MoArk in 2023, providing model hosting, testing, and customization services for Chinese developers behind firewalls. In 2023, Chinese regulators blocked Hugging Face without disclosing specific reasons; reports indicate that the government simultaneously allowed artificial intelligence laboratories to bypass the blockade to share Chinese models globally. ModelScope currently hosts over 170,000 models and stated in March that it has 170,000 models and 250 million users; MoArk hosts about 20,000 commonly used models, both still below Hugging Face, which hosts over 3 million open models.OSChina CEO Xu Yong stated that not everyone can always use a VPN, and China needs to establish an independent artificial intelligence ecosystem that serves Chinese users, claiming that China is developing an independent ecosystem faster than during the internet era. He also mentioned that MoArk has deployed engineering teams to ensure that models can run on different types of Chinese chips, making it their mission to ensure mainstream open models are compatible with Chinese chips. Both platforms offer some services for free, with additional computing power and premium features charged; ModelScope also hosts university hackathons and has opened co-working and event spaces for AI entrepreneurs in Hangzhou.Headquartered in New York, Hugging Face is a major platform for sharing open models and datasets. In September, Nvidia announced its acquisition of the company for $12.9 billion and noted in regulatory filings that regulators might prohibit sharing Chinese models on the site.
app_icon
ChainCatcher Building the Web3 world with innovations.