Tesla is reportedly controlling the cost of using AI, limiting employees to no more than $200 per week.
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Analysis: To reduce costs, overseas developers are turning to Chinese AI models such as DeepSeek.
According to Odaily Odaily, as the cost of using AI continues to rise, more and more overseas startups and developers are adopting Chinese AI models such as DeepSeek, Alibaba, and Moonshot AI to reduce inference costs. Data shows that DeepSeek's share of AI traffic on the cloud platform Vercel has increased from less than 1% in May of this year to 17%. OpenRouter, an AI model aggregation platform, stated that DeepSeek's usage doubled in the first half of 2026, becoming the platform's most popular model. It also pointed out that the token usage share of Chinese open-source models, including those from Xiaomi, MiniMax, and Tencent, continues to rise, while the share of Google and OpenAI has declined. (Bloomberg)
Hyperliquid is reportedly in discussions with Kraken's parent company regarding a potential entry into the United States market.
BWENEWS AI: Hyperliquid is reportedly in discussions with Kraken's parent company regarding a potential entry into the United States market.
Bybit launches COSTUSDT perpetual stock contracts
According to Foresight News , Bybit has launched perpetual contracts with Costco Wholesale Corporation (COST). Trading is now open, with leverage up to 20x.
Some large-scale AI models in China are 90% cheaper than those in the US; Chinese AI's high cost-effectiveness is capturing the US market.
According to a report by CNBC on July 7th, influenced by the continued price increases of models from leading US AI vendors, Chinese AI large-scale models are rapidly expanding their application scale in US enterprises due to their cost-effectiveness advantage. Industry insiders point out that the performance of some leading open-source and open weighted models in China is currently about 6 to 9 months behind the technology of top-tier US models such as OpenAI and Anthropic, while the price is 60% to 90% lower, and they can cover the vast majority of routine AI tasks, thus gaining popularity among US enterprises. According to statistics from the AI model aggregation platform OpenRouter, since February 8th of this year, the proportion of Chinese AI models used by US enterprises has exceeded 30% weekly, reaching a peak of 46%; while the average proportion in the previous 12 months was 11%. Another industry statistic shows that in the first week of the launch of Zhipu's latest large-scale model GLM 5.2, the daily average number of word calls increased by 27 times and the number of customers increased by 80 times, making it the fastest-deployed model on the platform in 2026; US AI startup Lindy has significantly reduced costs after switching all its AI business to DeepSeek models, and expects to save millions of dollars within a few months. (CCTV Finance)
The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.
According to Mars Finance, the legal team of the Bank of Korea has published a research paper titled "Regulatory Scheme for Foreign Remittance Transactions Targeting Stablecoins," proposing regulatory recommendations for large-scale stablecoin transactions. The paper, referencing current South Korean foreign exchange control regulations, proposes constraints on stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a pre-reporting mechanism. The institution acknowledges that there are technical obstacles to fully controlling unregistered wallets, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large-scale cross-border stablecoin fund flows. South Korean regulators have previously repeatedly stated the need to improve the monitoring system for cross-border crypto asset transactions using non-custodial wallets; this paper further refines and implements the regulatory approach.
Equation News founder Vida: Personal AI programming tools cost over $10,000 in the past three months.
According to Foresight News , Vida, the founder of Formula News, published an article titled "Where Did Vida Go?", revealing that he has been deeply involved in AI programming development over the past three months. During this period, his personal account has spent over $10,000 on tokens on OpenAI Codex and Anthropic Claude Code. He has also put his previously conceived projects and game assistance tools into practice and given away multiple Codex subscriptions to relatives and friends in China.