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【Source: InsiderInsiders Say: Openai'S New Project Is Behind Schedule, With The Compute Cost For Training The Model Reaching As High As $500 Million.】 December 23. Recently, Openai Launched The Next-Generation Model O3, Which Surpasses O1 In Software Engineering, Coding, Competitive Mathematics, And Even In Mastering Human Doctoral-Level Knowledge Of Natural Science. However, According To The Wall Street Journal, Openai'S New Artificial Intelligence Project Is Behind Schedule And Has Incurred Enormous Costs. It Is Currently Unclear When Or Even If It Will Succeed, As There Seems To Be Insufficient Data In The World To Make It Sufficiently Intelligent.It Is Reported That The Project'S Formal Name Is Gpt-5, Codenamed Orion, And Has Been In Progress For Over 18 Months. Sources Revealed That Openai'S Closest Partner And Largest Investor, Microsoft, Originally Expected To See The New Model Around Mid-2024. Openai Has Also Conducted At Least Two Large-Scale Training Sessions, Taking Months To Process Massive Amounts Of Data To Make The New Model "Orion" More Intelligent.However, According To Sources Close To The Project, Each Training Session Has Encountered New Issues, And The Software'S Performance Has Not Met Researchers' Expectations. Even In The Best-Case Scenario, Orion'S Performance Is Improved Compared To Openai'S Current Model, But It Is Not Yet Sufficient To Justify The Massive Costs Required To Sustain The Operation Of The New Model. Based On Public Data And Private Estimates, The Computational Cost Of A Single Six-Month Training Run Could Be As High As Around $500 Million

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【4E: Last Week, Risk Assets Experienced A Collective Setback, And This Week We Are Entering The Christmas Holiday With Overall Poor Liquidity】 December 23, The Fed Interest Rate Cut Influenced Last Week'S Market. Although The Interest Rate Was Cut As Scheduled By 25 Basis Points On Wednesday, The Released Dot Plot And The Hawkish Stance In The Post-Meeting Statement Far Exceeded Expectations. The Prospect Of Further Interest Rate Cuts Next Year Was Halved, And The Risk Market Faced Its Largest Pullback Since December, Plunging Into Panic.According To 4E Monitoring, After The Release Of Pce Data On Friday, The Panic Caused By The Interest Rate Cut Tightening Was Alleviated, And U.S. Stocks Rebounded With All Three Major Indexes Closing Up Over 1%, But All Ended The Week With Losses. The S&P 500 Index Fell 1.99% For The Week, The Dow Fell 2.25%, And The Nasdaq Fell 1.78%.The Crypto Market Encountered Its First-Week Decline After Trump'S Election, With A Market-Wide Decline. Bitcoin Rebounded From Around $92,000 On Saturday To Nearly $100,000, Then Began Another Round Of Volatile Decline. At The Time Of Writing, It Is Trading At $94,010, Down 3.19% In The Past 24 Hours And Down 10.35% In The Past 7 Days; Ethereum Fell Below $3,300, Down Over 18% In 7 Days, And The Altcoin Market Saw Significant Declines. Bitcoin Spot ETF Funds Saw Net Outflows For The First Time In 15 Days.On The Foreign Exchange And Commodities Front, The U.S. Dollar Index Rose By 0.76% For The Week Due To The Fed'S Hawkish Interest Rate Cut, Rising For The Third Consecutive Week, While Non-U.S. Currencies Fell For The Week; A Cautious Monetary Policy Sparked Concerns About A Potential Weakening Of Economic Activity That Could Dampen Next Year'S Oil Demand, Leading To A Weekly Oil Price Decline Of Over 2%; Spot Gold Fell By 0.96% Last Week.In This Decline, Risk Assets Collectively Suffered Setbacks Mainly Due To A Selling Panic Brought About By The Hit To Interest Rate Cut Expectations, As The Market Repriced Expectations Of Next Year'S Interest Rate Cuts. This Is Not A Narrative Of Economic Fundamentals Weakening But Rather A Reassessment Of Next Year'S Interest Rate Cut Expectations, Which Still Provide Long-Term Solid Support For Risk Assets. This Week Enters The Christmas Holiday In The European And American Markets, With Overall Poor Liquidity, Further Intensifying Market Volatility And Strong Risk Aversion Sentiment In The Market.Eeee.Com Is A Financial Trading Platform That Supports Assets Such As Cryptocurrency, Stock Indices, Bulk Gold, And Forex. It Recently Launched A Usdt Stablecoin Financial Product With An Annualized Return Rate Of 5.5% To Provide Investors With A Potential Hedging Option. 4E Reminds You To Be Aware Of Market Volatility Risks And To Properly Allocate Your Assets

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