Search results for "FIRST"
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15:37

Tesla Q1 Revenue Up 16%, But AI and Robot Investments Lift Operating Expenses 37%

Tesla Q1: revenue up 16% to $22.4B with $477M net income, but margins fell to 4.2%. Deliveries 358k vs 370k. S/X retired for Optimus; Cybercab and Semi due in 2026; SpaceX chip fab planned. Abstract: This article summarizes Tesla's first-quarter results and strategic outlook. Revenue rose to $22.4B with $477M in net income, yet operating margins declined amid large investments in Optimus, self-driving tech, and AI chips. The company is discontinuing S/X to support Optimus, targets Cybercab and Semi volume production by 2026, and plans a major chip fabrication facility with SpaceX.
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12:05

Kimi K2.6 Tops OpenRouter Programming Benchmark, Outperforms Claude and GPT Series

Kimi K2.6 tops OpenRouter leaderboard, outperforming Claude, GPT, and open-source rivals, signaling domestic AI progress and narrowing the gap with global leaders. Abstract: Kimi.ai announced that its latest model, Kimi K2.6, ranked first on the OpenRouter programming-ability leaderboard, leading developer evaluations. Benchmarks indicate K2.6 delivers superior performance across programming tasks relative to Claude, GPT-series, and other open-source models, highlighting gains in code generation and development-task handling and signaling progress for domestic AI toward international leaders.
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07:36

Russia's Lower House Passes Cryptocurrency Regulation Bill with Retail Investment Limits

Abstract: Russia's State Duma gave first reading to Bill No. 1194918-8, "On Digital Currency and Digital Rights," to establish a comprehensive regulatory framework for digital assets with Bank of Russia–supervised licensed intermediaries, a ban on unlicensed platforms by 2027, retail investment caps and tests, and a prohibition on using crypto for payments. Russia's Duma advanced a bill establishing a state-regulated crypto regime: licensed intermediaries under the Bank of Russia, July 2027 ban on unlicensed platforms, retail limits and liquidity tests, and a ban on payments with crypto.
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05:41

ASMPT Projects Strong Q2 as AI Demand Drives Revenue to $540M–$600M

ASMPT lifts Q2 revenue guidance to $540–600m on AI-driven demand; Q1 revenue was $507.9m with record bookings. Growth from TCB and HBM4, photonics, wire/die bonding, and AI-driven SMT demand; SMT segment options under review. ASMPT announced a higher second-quarter revenue outlook of $540 million to $600 million, driven by AI-related semiconductor demand, following first-quarter revenue of $507.9 million and record bookings. Growth is led by Thermo-Compression Bonding tools for logic chips, HBM4 modules, and photonics for data centers, with contributions from wire/die bonding and AI-driven SMT demand. The company reported no material impact from the Iran conflict and is evaluating strategic options for its SMT Solutions Segment to focus on the higher-growth Semiconductor Solutions Segment.
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05:01

Digital Asset Partners with Ethereum Korea on Content Collaboration, Marking First MOU for Community

Digital Asset signs an MOU with Ethereum Korea to receive Ethereum ecosystem updates, roadmap developments, and expert content, signaling a bidirectional collaboration to connect Korean and global Ethereum resources. Abstract: Digital Asset and Ethereum Korea have signed an MOU to deliver Ethereum ecosystem updates, roadmap developments, and expert content to Digital Asset’s readers. The partnership aims to connect Korean capabilities with the global Ethereum ecosystem through bidirectional collaboration.
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ETH3,56%
02:31
1

A major CEX launches IPO Prime, the first product tied to a SpaceX token

Gate News4月22日 says the Seychelles exchange has launched IPO Prime, a tokenized IPO pre-investment channel. The first batch is related to SpaceX, issued on Solana by Republic; the tokens do not confer equity, voting, or dividends, but instead track a reference index tied to post-listing valuations. During the short subscription window, investors pledge stablecoins; after issuance, the tokens can be traded on the spot market, which is shorter than the lock-up period of a traditional IPO. Industry analysts say this is part of a broader trend in the "aggregation era," consolidating more investors and platforms for continuous trading.
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PRIME-1,48%
02:21

Base Launches First Independent Network Upgrade Azul, Mainnet Activation Scheduled for May 13

Base Azul is live on testnet with a May 13, 2026 mainnet activation target, the first independent network upgrade; it boosts security, performance, and developer experience via multi-proof, single execution client, and Osaka; no user action needed. Base announces Azul, its first independent network upgrade, now live on testnet with a May 13, 2026 mainnet activation target. The upgrade adds a multi-proof mechanism, designates base-reth-node as the sole execution client, and adopts the Osaka execution layer specification to stay aligned with Ethereum, with no user action required. Two more upgrades are planned for late June and late August, and Base Vibenet, a public development network for testing upcoming features, will launch mid-May.
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ETH3,56%
OP2,23%