📡 On-the-hour Updates | 09:00-10:00
1. Japan’s open-source autonomous driving software company TIER IV has been selected by Japan’s Ministry of Economy, Trade and Industry to receive funding for a collaborative technology project targeting countries in the Global South. It will advance in-field testing of autonomous driving buses in Saudi Arabia and carry out talent development.
2. Tencent plans to rent Oracle’s computing power resources on a scale of about $7 billion to help address its shortfall in compute resources for AI training and inference.
3. According to CryptoRank, between October 5 and October 11, the crypto market is expected to unlock about $816 million worth of tokens. The most heavily concentrated unlock is on October 10, at roughly $436 million, involving projects such as ME, CHEEL, LINEA, and others.
4. At the Shanghai stop of the 12th Global Blockchain Summit, Ethereum co-founder Vitalik Buterin proposed a new direction for Ethereum’s scaling: combining off-chain computing with zero-knowledge proofs such as SNARKs and STARKs. This would have blockchains take on the role of verifying results, forming what is known as a “cryptographic network.”
5. According to box office statistics from Korea’s KOBIS (Korean Film Council), the political-crime thriller film “The Assassins” directed by Han Hyeong-ho continues to rank first in South Korea’s weekend box office audience chart from October 2 to 4. The Japanese animated film “Gekijouban Yowamushi Pedal: ...” ranked highest in weekend box office revenue, taking the top spot for that weekend.
6. Saudi Arabia has lowered the official selling price of its benchmark crude oil for the Asian market to the lowest level in six years.
7. Suncor Energy announced it will sell its offshore assets in Canada to Ithaca Energy for $1.08 billion.
8. After submitting 564 revisions, a U.S. transmission company was ordered by Wisconsin regulators to resubmit its power grid application, blocking Oracle’s plan to supply power to its AI data center in Wisconsin.
1. Japan’s open-source autonomous driving software company TIER IV has been selected by Japan’s Ministry of Economy, Trade and Industry to receive funding for a collaborative technology project targeting countries in the Global South. It will advance in-field testing of autonomous driving buses in Saudi Arabia and carry out talent development.
2. Tencent plans to rent Oracle’s computing power resources on a scale of about $7 billion to help address its shortfall in compute resources for AI training and inference.
3. According to CryptoRank, between October 5 and October 11, the crypto market is expected to unlock about $816 million worth of tokens. The most heavily concentrated unlock is on October 10, at roughly $436 million, involving projects such as ME, CHEEL, LINEA, and others.
4. At the Shanghai stop of the 12th Global Blockchain Summit, Ethereum co-founder Vitalik Buterin proposed a new direction for Ethereum’s scaling: combining off-chain computing with zero-knowledge proofs such as SNARKs and STARKs. This would have blockchains take on the role of verifying results, forming what is known as a “cryptographic network.”
5. According to box office statistics from Korea’s KOBIS (Korean Film Council), the political-crime thriller film “The Assassins” directed by Han Hyeong-ho continues to rank first in South Korea’s weekend box office audience chart from October 2 to 4. The Japanese animated film “Gekijouban Yowamushi Pedal: ...” ranked highest in weekend box office revenue, taking the top spot for that weekend.
6. Saudi Arabia has lowered the official selling price of its benchmark crude oil for the Asian market to the lowest level in six years.
7. Suncor Energy announced it will sell its offshore assets in Canada to Ithaca Energy for $1.08 billion.
8. After submitting 564 revisions, a U.S. transmission company was ordered by Wisconsin regulators to resubmit its power grid application, blocking Oracle’s plan to supply power to its AI data center in Wisconsin.