News

Jinse Finance reported that Microsoft (MSFT.O) plans to leverage its access to OpenAI's custom AI chip development to advance its own chip projects. When asked about the progress of Microsoft's internal chip development, CEO Satya Nadella stated in a podcast: "Whenever they (OpenAI) innovate at the system level, we have full access to those results. We first help them realize the technology they are building, and then further expand upon it." According to the revised agreement between the two companies, Microsoft will continue to have access to OpenAI's models until 2032 and share its research results until 2030, or until an expert panel determines that Artificial General Intelligence (AGI) has been achieved.

Jinse Finance reported that the Brazilian government has proposed legislation to allow the sale of seized cryptocurrencies (such as bitcoin) in order to dismantle the financial infrastructure of organized crime groups. The proposed law would treat cryptocurrencies as foreign currency and financial securities. This move is part of Brazil's broader efforts to combat organized crime. Meanwhile, the country's central bank is implementing new regulations requiring cryptocurrency companies to obtain licenses and hold capital reserves.