According to Coin World News, Getty Images filed for Chapter 11 bankruptcy protection on Wednesday, officially implementing the restructuring plan announced more than a week ago. This is part of the company's privatization process. Last week, Getty announced plans to file for bankruptcy protection, marking a major adjustment for the company—previously, its merger plan with competitor Shutterstock fell through due to heavy debt burdens and increasingly fierce competition from AI-generated images.

According to Coin World Network, BlackRock CEO Fink warned that as demand for artificial intelligence (AI) accelerates, delays in data center construction could drive up computing costs and pose a threat to economic growth. He stated: "If we don't build these data centers, it will further exacerbate inflation because the current computing costs are already very high. The faster we build data centers, the more computing power we can provide, which will also reduce computing costs more quickly." F

According to Coin World News, BlackRock stated that the current corporate bond yields offer a more resilient source of returns without relying on expectations of "falling interest rates" or "narrowing spreads." In its quarterly fixed income outlook released on Wednesday, BlackRock pointed out that it is now possible to build a diversified fixed income portfolio: one with yields exceeding 7%, duration under three years, and an average credit rating of A-. Due to the resurgence of inflationary pre

According to Coin World Network, Anthropic CEO Dario Amodei rarely published a long post on social media to defend the company, stating that it must maintain a leading position in AI research and development, even though AI technology is developing rapidly and may need to slow down. He pointed out that Anthropic recently submitted a draft AI safety bill to U.S. Congress members, which was questioned. The bill sets a high threshold for the government to urgently halt dangerous models, requiring r

According to Coin World Network, Caixin News reported on October 21 that Amazon has established a new "Early Rack Receiving" program, planning to receive NVIDIA GB300 server racks worth about $5 billion in advance, deploying them to data centers in the United States, and will continue to add hardware purchases at a scale of $3 billion per month. However, due to insufficient power capacity at multiple AWS sites, the pre-purchased NVIDIA GPU equipment can only remain idle in transit warehouses, cr

According to Coin World Network, Caixin News Agency reported on October 21 that the latest data from Sensor Tower shows that since its launch in September, Meta Muse has been downloaded 10.9 million times, with 10.2 million of those downloads coming from the United States. Analysts point out that Meta's repeated success in creating hit products is largely due to its strong application ecosystem and cross-platform traffic diversion capabilities. Currently, Muse's user retention rate is better tha

According to Coin World Network, BBC reported that the UK's inflation rate in September was 3.5%, slightly higher than analysts' expectations. The rise in fuel prices is the main reason for inflation exceeding expectations, and the recent sharp increase in the cost of living is largely due to the rise in fuel prices. Currently, the average price of unleaded petrol in the UK is about £1.74 per liter, while diesel is even higher at £1.99, although it has slightly fallen back from the historic high

According to Coin World News, former Alibaba P10 algorithm director Zhu Xiaoyong is preparing to start RSI, with a first-round valuation of about $80 million. He previously served as Microsoft's chief applied scientist and was responsible for model development and self-evolution related work at Alibaba. RSI stands for Recursive Self-Improvement, aiming to enable AI to participate in improving its own training and operation methods. Zhu Xiaoyong's team plans to start with open-source tools, data,

According to Coin World Network, citing Russia's TASS news agency, U.S. presidential envoy Whitkov arrived in Saint Petersburg, Russia today. The day before, Whitkov met with Ukrainian President Zelensky in Oslo, Norway, with some European leaders also attending. The talks aimed to formulate a peace plan that could be submitted for discussion with the Russian side. According to information released by Norwegian Prime Minister Støre, Whitkov hopes to meet with Russian President Putin after arrivi

Coin World News reports that U.S. Secretary of State Rubio defended the Trump administration's support for Ukraine, stating that without U.S. support, the country of Ukraine "would cease to exist." He made these remarks in response to questions about a Wall Street Journal report. The report stated that SpaceX CEO Elon Musk ordered a slowdown of the Starlink satellite system — which has been helping Ukraine resist Russian airstrikes. Rubio said he was unaware whether the president had been inform