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BTC $83,175.24 -1.43%
ETH $2,672.69 -0.10%
BNB $759.60 -2.12%
XRP $1.48 -1.70%
SOL $117.50 -3.21%
TRX $0.3356 +0.71%
DOGE $0.0927 -3.25%
ADA $0.2435 -3.84%
BCH $306.98 -7.20%
LINK $15.06 +8.21%
HYPE $86.77 -4.84%
AAVE $145.71 -4.95%
SUI $1.13 -8.57%
XLM $0.2248 +4.80%
ZEC $1,457.07 -8.13%
AAPL $338.59 -0.39%
AMZN $246.58 -1.11%
GOOGL $342.59 -0.32%
MSFT $510.50 -1.22%
META $718.05 -4.03%
NVDA $229.43 +2.23%
TSLA $358.37 -3.96%
SNDK $1,714.92 -3.38%
INTC $116.23 -5.89%
SPCX $145.99 -2.33%
MU $1,055.64 -3.07%
AMD $609.16 -3.35%

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first_img Paradigm co-founder disclosed investment in ZEC, Zcash rose about 20% in 24 hours

Privacy token Zcash (ZEC) rose about 20% in 24 hours, with Paradigm co-founder Matt Huang revealing that the company has invested in ZEC. ZEC supports shielded transactions that hide addresses and transaction amounts using zero-knowledge proofs, with a price of about $1,338 on Thursday.Huang disclosed in a post that Paradigm is both an investor in the Zcash Open Development Lab (ZODL) and a holder of ZEC tokens. He described Zcash as "a privacy complement to Bitcoin" and supports its developer fund backed by inflationary funds, believing that long-term funding support remains important in the context of AI network capabilities and the development of quantum computing. He also supports combining Zcash token voting with other forms of governance to reduce its unpredictability as a monetary asset.Today's increase of over 10% has led to a cumulative rise of about 160% for ZEC over the past month, while Bitcoin has risen 18.2% during the same period. Paradigm's investment in the Zcash ecosystem has been publicly disclosed, with ZODL announcing the completion of over $25 million in seed funding in March, with participants including Paradigm, a16z crypto, Coinbase Ventures, and Winklevoss Capital. As ZEC rises, the Federal Reserve raised interest rates by 25 basis points to 3.75%-4%, marking the first rate hike of 2023, with the overall cryptocurrency market trending upward.

hot_img UBS: It will be difficult for China to develop EUV lithography equipment comparable to ASML's top-tier products within the next ten years; mass production of DUV may take two to five years

According to Bloomberg, UBS analysts expect that China's semiconductor manufacturing capabilities may struggle to make sufficient progress in the next decade to develop solutions that can truly replace ASML's cutting-edge EUV lithography technology. UBS analysts wrote in their report, "The stage they are currently at seems comparable to ASML's in 2004." Based on patent application activities, especially in the fields of light sources and laser subsystems, China's current technological maturity is roughly equivalent to ASML's level 15 years before it began mass production of EUV equipment.UBS also expects that China is likely to have the capability for mass production of immersion DUV lithography machines within the next two to five years. Although immersion DUV is not as advanced as EUV, it remains an indispensable tool in chip manufacturing. ASML's immersion DUV machines are priced at nearly $90 million, while EUV equipment costs over $200 million each. China is one of ASML's largest markets, but due to export restrictions, ASML is prohibited from selling EUV equipment to China. UBS pointed out that considering the yield and capacity gaps and regulatory restrictions, Chinese lithography equipment is unlikely to be applied overseas. An ASML spokesperson did not respond to requests for comment. The report is based on UBS analysts' predictive views, and actual progress will depend on industry dynamics.

first_img Tencent Hunyuan releases and open-sources Hy4 preview, with a total of 770B parameters and 49B activated

Tencent Hunyuan has released and open-sourced the next-generation large language model Hy4 preview. This model has a total of 770B parameters and 49B active parameters, with a context length exceeding 1M. It demonstrates strong capabilities in real productivity tasks such as coding, office work, and science, firmly placing it in the top tier of open-source models. Hy4 preview significantly expands in model size, context length, and data scale, and enhances real-world performance through high-quality data co-built with Tencent experts in software engineering, gaming, finance, security, and deep collaboration with products like WorkBuddy.In software engineering, the model enhances understanding, planning, debugging, and verification capabilities for long-range development tasks, enabling the construction of complex front-end projects like a Three.js miniature town from scratch. In game development, it supports generating playable prototypes from a single sentence and can complete a full demo in Unity. In smart office applications, it can handle complex financial audits, filtering, analyzing, and delivering from multiple documents. In scientific research, it achieves acceleration in tasks such as molecular dynamics simulations and has initially formed a recursive self-improvement feedback loop.Hy4 preview can be experienced in Tencent products such as WorkBuddy/CodeBuddy domestic and international versions, Yuanbao, ima, and can also be accessed via API calls through Tencent Cloud Tokenhub and OpenRouter. WorkBuddy/CodeBuddy will launch a limited-time free activity for two weeks. Since the reconstruction of the infrastructure, the Hunyuan large model has iterated a major version approximately every two months, continuously optimizing through a preview-first and formal version-following approach.
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