#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Figure AI announced the termination of cooperation with OpenAI, claiming to have made breakthroughs in the field of robot AI.
PANews reported on February 5th that Brett Adcock, the founder and CEO of Figure AI, announced today that the company has decided to terminate its partnership with OpenAI on the protocol. The reason is that a 'significant breakthrough' has been made in fully end-to-end humanoid robot AI, and the technology has been developed independently by the internal team. Figure AI stated that OpenAI is not focusing on embedded artificial intelligence, so it has decided to concentrate on its own research and development. In addition, there is analysis suggesting that OpenAI may be developing its own hardware. Adcock did not disclose specific details, but promised to demonstrate 'unprecedented' humanoid robot technology in the next 30 days.