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Humain, an artificial intelligence company backed by the Saudi Arabian Public Investment Fund, has secured a second financing arrangement of up to 1.4 billion Saudi riyals, which will be used to support the development of substations, transmission in

2026-11-09

Humain, an artificial intelligence company backed by the Saudi Arabian Public Investment Fund, has secured a second financing arrangement of up to 1.4 billion Saudi riyals, which will be used to support the development of substations, transmission infrastructure, and grid connection facilities.

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2026-11-09

On November 7th, the Token Spending Price Index fell for the sixth consecutive day to around $0.83, continuing to hit a new record low and extending the downward trend that began in May. -------- 1. Price reductions across major models and users shi

On November 7th, the Token Spending Price Index fell for the sixth consecutive day to around $0.83, continuing to hit a new record low and extending the downward trend that began in May. -------- 1. Price reductions across major models and users shifting from expensive, cutting-edge models to cheaper open-source and smaller models are driving down token prices. 2. The current price decline may stimulate increased demand, which is beneficial to sectors such as AI applications. The impact on cloud vendors is complex, while for model vendors like OpenAI and Anthropic, the decline in pricing power is a risk factor. 3. Data comes from leading global AI models such as OpenAI, Anthropic, and DeepSeek.
2026-11-09

Klaas Knot, one of two candidates to succeed Christine Lagarde as ECB president, told the Financial Times he would be prepared to develop new policy tools to tackle a future European debt crisis if appointed. He said he is ready to deploy the ECB’s e

Klaas Knot, one of two candidates to succeed Christine Lagarde as ECB president, told the Financial Times he would be prepared to develop new policy tools to tackle a future European debt crisis if appointed. He said he is ready to deploy the ECB’s existing crisis instruments, including sovereign bond purchases, and that “if needed, we will intervene without hesitation.” The 59-year-old led the Dutch central bank (DNB) from 2011–2025; the Netherlands formally nominated him last Friday. Knot did not rule out creating additional, more targeted tools if a future crisis is different in nature from those that produced the current toolkit.
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