Odaily reported that as Anthropic faces export restrictions limiting the global availability of its advanced models, multiple Asian AI companies are accelerating efforts to fill the market gap. Chinese cybersecurity firm 360 Security Technology has reportedly launched an AI tool called "Tulongfeng," claiming it can directly compete with Anthropic's high-end model "Mythos." Meanwhile, its more restricted version, "Fable 5," also falls within the scope of relevant export controls.

In the same week, Japanese AI startup Sakana AI released a new model named "Fugu," taken from the Japanese word for pufferfish. It is positioned as a frontier model designed for agents. The company stated that the model's capabilities are comparable to Fable 5 and Mythos Preview, and it supports coordinating multi-model calls via API to enable agent orchestration.

Sakana AI emphasized that the timing of this release and the U.S. export restrictions are "purely coincidental," but the product's official website still clearly promotes "providing frontier capabilities without the risk of export controls." Company co-founder David Ha stated that future AI development will shift from competition among single large models to "model orchestration systems," adding that "access can disappear at any time, and distributed intelligence is a realistic hedge against the risks of centralization."

On the other hand, Chinese 360 founder Zhou Hongyi views AI vulnerability detection capabilities as a "national strategic asset" and warns of the so-called "one-way transparency" risk, where certain entities may monopolize advanced security capabilities.

According to reports, the U.S. export restrictions on Anthropic's advanced models have been in place for about two weeks. Against this backdrop, Asian manufacturers are accelerating the launch of local alternatives. Although some companies still emphasize the importance of American models in the Asian market, the trend of differentiation within the regional AI ecosystem has begun to emerge. (TechCrunch)

Odaily reports that ZachXBT stated: An hour ago, the stolen funds from the recently attacked Humanity Protocol and Kelp DAO converged, indicating a potential overlap in the attackers behind these two incidents.

Kelp DAO's LayerZero bridge was hacked on April 18, 2026, losing approximately $292 million due to compromised infrastructure, with the Lazarus Group alleged to be the attacker. The team address and deployer of Humanity Protocol were hacked on June 9, 2026, losing approximately $32 million due to compromised developer devices.

The above new evidence rules out the possibility of an insider attack.

Odaily: Nasdaq Exchange announced that SpaceX (SPCX.O) will join the Nasdaq 100 Index on July 7, 2026. (Jin Shi)

Odaily Odaily reports that the Chief Investment Strategist at Saxo Markets stated that investors are re-evaluating a key question: as memory chip prices continue to rise driven by strong AI demand, will the increased costs for electronics manufacturers and consumers begin to curb spending? Apple’s price increase is seen as one of the clearest signals to date that the industry's pricing power may come at the expense of future demand growth, prompting the market to reassess the investment logic of AI-related semiconductor stocks. The market no longer views the strong performance of memory chips as an inherent positive for the entire AI investment theme. While it confirms that demand for AI infrastructure remains robust, it also drives up the costs of building and using AI. (Saxo)

Odaily reported that US stock futures fell across the board on Friday, with the tech sector leading the decline, as market concerns over rising AI infrastructure costs and a slowdown in fundraising pace intensified. Nasdaq 100 futures fell 1.2%, S&P 500 futures dropped 0.5%, and Dow Jones futures lost 67 points (-0.1%). Chip stocks broadly weakened following reports that OpenAI is considering postponing its IPO until next year, citing increased volatility in AI-related stocks, unstable market sentiment, and even the impact of SpaceX’s weak post-IPO performance.

JPMorgan's trading desk noted that this news has reinforced market concerns about the sustainability of AI infrastructure investments and could affect the pace of future capital market fundraising. Vital Knowledge analyst Adam Crisafulli also stated that the IPO delay could slow down the overall expansion rate of AI infrastructure spending.

In the chip sector, Philadelphia Semiconductor-related stocks came under pressure, with ON Semiconductor falling over 13% after acquiring Synaptics. Micron Technology and SanDisk both declined by more than 5%. The XLK ETF tracking the tech sector fell 1.6%, extending the previous session's losses. (CNBC)

Odaily reported that crypto KOL nobrainflip stated on X platform, planning to heavily buy ETH in the $1070 to $1370 range and believing that the downside for ETH price is limited. He pointed out that while the market generally expects ETH to underperform BTC in the future, ETH is actually in a "severely oversold" state, thus choosing to trade against the market.

Currently, the ETH/BTC exchange rate has fallen to extremely low levels, with the market treating ETH as an "ordinary altcoin." However, both ETH and BTC are two major blue-chip assets in the crypto market: both have fully diluted supplies, face no internal unlock pressure, and have been validated by the market for over 10 years. The biggest difference between the two lies in asset holding yields. BTC itself generates no yield, but the majority of ETH can generate yield through staking.

Nevertheless, nobrainflip clarified that he is not bearish on BTC and continues to hold both BTC and ETH. He simply believes that ETH, currently abandoned by the market, may be a more cost-effective asset. His trading plan is: buy ETH in batches within the $1370 to $1070 range, complete most of the position allocation near $1070, and set a stop-loss if the price drops below $800.