BTC $64,100.26 -1.03%
ETH $1,862.29 -1.22%
BNB $561.11 -0.92%
XRP $1.09 -1.78%
SOL $74.05 -2.61%
TRX $0.3301 +1.14%
DOGE $0.0690 -0.52%
ADA $0.1642 -3.23%
BCH $210.00 -1.18%
LINK $8.36 -1.24%
HYPE $58.84 -0.50%
AAVE $94.90 -0.62%
SUI $0.7168 -3.88%
XLM $0.1777 -2.31%
ZEC $494.56 -3.50%
BTC $64,100.26 -1.03%
ETH $1,862.29 -1.22%
BNB $561.11 -0.92%
XRP $1.09 -1.78%
SOL $74.05 -2.61%
TRX $0.3301 +1.14%
DOGE $0.0690 -0.52%
ADA $0.1642 -3.23%
BCH $210.00 -1.18%
LINK $8.36 -1.24%
HYPE $58.84 -0.50%
AAVE $94.90 -0.62%
SUI $0.7168 -3.88%
XLM $0.1777 -2.31%
ZEC $494.56 -3.50%

esp

All
Article
Flash

Jensen Huang responds to Kimi's impact: the market misunderstands again, free AI benefits chip demand

NVIDIA CEO Jensen Huang stated in an exclusive interview with Axios on Tuesday that American companies "absolutely" should be allowed to use Chinese open-source AI models, directly challenging the Trump administration and some American AI labs' blockade policies.Huang believes that the market's panic over Kimi K3 is a misreading, similar to the sell-off triggered by DeepSeek in early 2025: cheaper open-source models will expand the AI audience and increase, rather than decrease, the demand for chips, data centers, and computing power. "Free AI is good for hardware, good for chips, good for data centers." He also refuted the notion that open-source models pose security risks, claiming that open-source is actually safer because external researchers can examine the models, expose vulnerabilities, and build defenses, while calling for Anthropic to open its Claude Mythos model to "everyone."Huang rejected the narrative that "China will defeat American companies," arguing that the AI race has no finish line and that China and the U.S. will coexist in the long term. Hours after the interview, U.S. Treasury Secretary Bessent stated that the government is reviewing whether Chinese AI models are stealing intellectual property and considering sanctions. Huang responded that knowledge distillation is the foundation of intelligence and that accountability should be directed at violations rather than the models themselves.

first_img Coinbase CEO responds to Base community controversy: personal posts are not investment advice and will not endorse any tokens

Coinbase CEO Brian Armstrong posted on X in response to the recent controversy sparked by his profile picture change and the voices from the Base community feeling insufficiently supported. Armstrong made it clear that his personal X account should not be viewed as investment advice or a signal source for individual tokens; he simply shares content online that he finds interesting or funny, and he may not be aware of whether the content relates to a specific token or project. His posts and profile picture do not constitute endorsement or commitment.Armstrong pointed out that Base is committed to building financial services infrastructure, covering tokenized stocks, lending protocols, stablecoin payments, and even meme coin trading. He supports economic freedom and user freedom to trade, but treating his X account as a trading signal is a risk users must bear, which also goes against his own wishes. Regarding support from the Base team or Coinbase, Armstrong stated that many tokens cannot be listed on centralized exchanges due to compliance and regulatory reasons, "If you hope Jesse or I can help pump or call certain tokens, we will not do that."The ways Coinbase has committed to support include hosting offline Base Batches events, providing funding to promising developers, investing in quality projects through Coinbase Ventures and the Base ecosystem fund, and regularly integrating promising Base DeFi protocols into Coinbase products. Currently, the post has over 1.05 million views.
app_icon
ChainCatcher Building the Web3 world with innovations.