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US Dollar: Yield support and AI risks – MUFG

fxstreet.com

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MUFG’s Derek Halpenny notes the US Dollar consolidating at new highs above 103 on DXY, supported by a sharp 2-year UST yield move and rising risk aversion linked to poor tech sentiment and a global Microsoft outage.

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scmp.com

No actors, no crew, no ticket sales: ‘So obviously AI’ film flops at China’s box office

China has ushered artificial intelligence into its cinemas, but the country’s first fully AI-generated feature film has flopped at the box office. Made with no human actors or camera crew, Sanxingdui: Future Past brought in just around 1.8 million yuan (US$270,000) after three weeks in theatres, according to Chinese box office data tracker Beacon Pro. The fi…

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news.bitcoin.com

What Nvidia’s CEO Ouster and Bitcoin Have in Common

Speculation is mounting that Nvidia CEO Jensen Huang was forced out after the co-founder of the multitrillion-dollar company began advocating for open-source AI models. While these theories remain unconfirmed, they also draw parallels with Bitcoin’s own fight over open-source development. Although Huang announced his resignation, an undisclosed person famili…

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