Odaily News, Hong Kong Financial Secretary Paul Chan published a Secretary's Essay titled "'AI+' and 'Finance+' Mutually Promote Each Other," pointing out that we are currently at a critical juncture of technological innovation. Artificial intelligence is not only a core technology of the future but also a tremendous force capable of impacting thousands of industries. The innovation within financial services itself further aids the real economy in expanding incrementally and overcoming pain points. Technological innovations such as AI and blockchain are continuously empowering financial services, creating a more efficient and convenient transaction system, and opening new channels for various corporate activities including trade, financing, and risk management.

Odaily News Clawnch announced on X platform that it has reached a strategic partnership with @bankrbot. Bankr will serve as the underlying launch platform for all subsequent token issuances by Clawnch and Clawncher. Additionally, Bankr's LLM gateway will be integrated as a core component of Clawnch's upcoming crypto-native OpenClaw fork project—OpenClawnch. More integration details will be announced later. The migration work is currently progressing in an orderly manner, and the issuance fees for new projects will be moderately increased. Clawnch is a token launch and governance platform on the Base chain focused on the AI Agent economy. The purpose of this partnership is to further strengthen its infrastructure closed loop.

Odaily News NVIDIA is set to launch a dedicated processing chip designed for artificial intelligence inference scenarios, aiming to enhance AI query processing speed and improve model responsiveness. Reports indicate that OpenAI is expected to be one of the major customers for this new processor.

The chip focuses on optimizing the inference performance of AI models in practical applications and is scheduled to be officially announced next month at the NVIDIA GTC developer conference in San Jose. (The Wall Street Journal)

Odaily News White House AI and Crypto Affairs Director David Sacks stated on social media that Patrick Witt is advancing compromise progress between the banking industry and the crypto industry, and actively promoting the implementation of market structure legislation.

Sacks said that the crypto industry has made significant concessions on the issue of stablecoin yields and called on the banking sector to respond accordingly.

Odaily News: Cryptocurrency venture capital firm Paradigm is planning to raise up to approximately $15 billion for its new fund. According to informed sources, while continuing its investment focus on crypto assets, the new fund will also expand its investment scope to include cutting-edge technology fields such as artificial intelligence and robotics. (The Wall Street Journal)