News Heat Trend
Project Overview
Luna is a virtual idol closely integrated with its native token LUNA, launched as part of the Virtuals platform. Luna livestreams 24/7 on social media and frequently posts tweets.
Galaxy and BitGo Face Off in Court Over Failed Merger; BitGo Seeks at Least $100 Million
Galaxy Digital founder Michael Novogratz and BitGo CEO Mike Belshe are currently litigating over the failed $1.2 billion merger deal from four years ago.According to reports, the transaction was originally intended to take the combined company public on Nasdaq, but was later terminated due to adjustments in SEC accounting guidance and market liquidity crises triggered by the Terra/Luna collapse.BitGo is demanding that Galaxy pay at least $100 million in termination fees, and accuses Galaxy of failing to take reasonable steps to advance the transaction while concealing details of an investigation by U.S. regulators. In response, Novogratz stated that Galaxy was not the subject of the investigation, and argued that BitGo has lost its eligibility to claim the termination fee for failing to submit required financial statements on time. (Bloomberg)
Jane Street seeks dismissal of Terraform lawsuit, claiming attempt to shift blame
: Quantitative trading firm Jane Street has filed a motion with the court to dismiss the insider trading and market manipulation lawsuit filed by Terraform Labs, which accuses the firm of causing the collapse of the UST/LUNA algorithmic stablecoin.In its filing submitted to the U.S. District Court for the Southern District of New York, Jane Street stated that the lawsuit is "baseless" and represents an attempt by Terraform's bankruptcy estate to shift responsibility for the collapse of a multi-billion dollar ecosystem onto a third party.The firm has requested the court to dismiss the entire case "with prejudice," meaning the plaintiff cannot refile the same claims.Jane Street further pointed out that the fraudulent conduct associated with Terraform has already been prosecuted, adjudicated, and penalized, and that it was not involved. Do Kwon has previously pleaded guilty to conspiracy and wire fraud charges and is currently serving a 15-year sentence. A jury has also found Terraform and Kwon liable for securities fraud.
OpenAI CFO: Enterprise revenue grew 32% in a single month; Luna usage surged approximately 10x after an 80% price cut
Odaily News: OpenAI CFO Sarah Friar stated that the company is accelerating the expansion of AI into specialized fields such as chip design, life sciences, and financial services, and is experimenting with pricing based on business outcomes rather than usage. OpenAI's enterprise business revenue grew 32% from June to July this year, while the company's overall annualized revenue increased approximately 20% during the same period. As of mid-year, revenue from enterprise and consumer businesses had split roughly evenly.Additionally, OpenAI recently cut the price of its low-cost Luna model by 80%, which was followed by an approximate 10-fold increase in usage. Friar noted that in cloud deployment scenarios, Luna's cost is even lower than Z.ai's GLM 5.3. OpenAI's coding tool Codex has now reached 25 million users. The company is also leveraging its own AI models to assist in developing the Jalapeno chip and completed chip design tape-out within nine months. (Reuters)
JPMorgan: AI token spend up 7% month-over-month, B200 leasing down 1.5% for the first time, DRAM spot prices rise for five consecutive months
According to Chaowang Research, JPMorgan’s August 28 research report states that OpenRouter platform token volume increased 47% month-over-month and 28 times year-over-year in August, while expenditure rose 7% month-over-month and 12 times year-over-year; the volume-weighted average price decreased 28% month-over-month, with low-priced models such as GPT-5.6 Luna accounting for approximately 99% of the incremental volume. In the GPU rental market, A100 prices remained flat at $1.65/hour, H100 rebounded to $2.73 (+1.2%), and B200 fell 1.5% month-over-month to $5.63, marking the first monthly decline since the index was published in September 2025. DRAM spot prices have risen for five consecutive months, with DDR5 16Gb reaching $50.20 (+6% month-over-month, +880% year-over-year); NAND ended a four-month downward trend, with 1Tb quoted at $30.50 (+14% month-over-month, +470% year-over-year). JPMorgan observes that AI computing demand continues to expand, yet structural shifts on the supply side are reshaping pricing dynamics. Closed-source and open-source models are growing in tandem, with lower-priced models gaining market share while higher-priced models drive the majority of revenue. The price reduction for B200 reflects increased capacity for next-generation GPUs, while the rebound in H100 pricing demonstrates sustained demand resilience for the preceding generation. With both DRAM and NAND showing strength, the ongoing crowding-out effect of HBM on DRAM capacity continues to provide positive support to semiconductor equipment suppliers.
AI programming platform Replit announces adoption of OpenAI's low-cost model to lower the barrier to programming
: AI programming platform Replit has launched a new feature called Free Mode, powered by OpenAI's latest low-cost model GPT-5.6 Luna, aimed at reducing the cost for users to access AI programming tools and enhancing the value for paid subscribers.Replit stated that Free Mode is currently available to Core and Pro subscribers, corresponding to the $20/month and $100/month plans, respectively. This mode will serve as the default experience, allowing users to prioritize the low-cost model for chat, brainstorming, and simple programming tasks. When a task requires stronger reasoning capabilities, Replit Agent will automatically switch to a higher-performance model.Michele Catasta, Head of AI at Replit, said that the launch of Free Mode is made possible by OpenAI significantly cutting the cost of the GPT-5.6 Luna model. At the end of July, OpenAI reduced the API price of this model by approximately 80%, achieving cost reduction through improved model efficiency rather than relying on additional computing resources. (Fortune)
OpenAI: ChatGPT Free Users Can Now Use GPT-5.6 Luna Unlimitedly, Astra Delayed
Odaily News: AI company OpenAI announced that ChatGPT free users and users on the low-cost Go plan can now use the lightweight GPT-5.6 model Luna without limits, but only for text conversations. File uploads, image generation, and voice conversations will still be subject to existing usage limits.GPT-5.6 Luna is the fastest but relatively lower-performing model in the GPT-5.6 series, and it now includes a new "Think" option that allows for extended reasoning time. OpenAI has also improved GPT-5.6's top-tier model Sol for Plus and Pro users, enhancing the reliability of factual information such as numbers, dates, and sources.OpenAI has also decided to postpone the release of its next-generation model, Astra. Internal evaluations of this model have shown strong capabilities in coding and cybersecurity, potentially reaching a "dangerous" rating. Internal activities have been temporarily paused as enhanced safety standards have not yet been finalized.
OpenAI: GPT-5.6 Sol Delivers Instant and Deep Reasoning Capabilities for Plus and Pro Users
Odaily News, OpenAI announced that GPT-5.6 Sol now supports instant response and deep reasoning features for ChatGPT Plus and Pro users, aiming to provide a more accurate and focused answer experience. Additionally, OpenAI stated that free users and Go users will gain access to unlimited text chat powered by GPT-5.6 Luna starting tomorrow.
Fortune: Core Contradiction of AI Race May Shift from US-China Confrontation to Open Source vs. Closed
According to Fortune, as Chinese open-source AI models such as DeepSeek V4 Flash, GLM-5.2, and Kimi K3 continue to make breakthroughs, the core conflict of the global AI competition is shifting from "US-China confrontation" to a contest of "open source vs. closed." DeepSeek V4 Flash's performance lags behind GPT-5.6 Luna by only one intelligence index point, but the cost per task remains 60% lower even after OpenAI's 80% price cut. US export controls on China were originally intended to restrict China's AI development, but instead compelled Chinese enterprises to innovate deeply at the algorithm architecture level, accelerating the rise of the open-source model. Currently, trends in the US tech industry are shifting; former "AI Czar" David Sacks and others publicly support the open-source route, and Anthropic has also softened its stance against open source.
Related news
OpenAI CFO: Enterprise revenue grew 32% in a single month; Luna usage surged approximately 10x after an 80% price cut
Odaily News: OpenAI CFO Sarah Friar stated that the company is accelerating the expansion of AI into specialized fields such as chip design, life sciences, and financial services, and is experimenting with pricing based on business outcomes rather than usage. OpenAI's enterprise business revenue grew 32% from June to July this year, while the company's overall annualized revenue increased approximately 20% during the same period. As of mid-year, revenue from enterprise and consumer businesses had split roughly evenly.Additionally, OpenAI recently cut the price of its low-cost Luna model by 80%, which was followed by an approximate 10-fold increase in usage. Friar noted that in cloud deployment scenarios, Luna's cost is even lower than Z.ai's GLM 5.3. OpenAI's coding tool Codex has now reached 25 million users. The company is also leveraging its own AI models to assist in developing the Jalapeno chip and completed chip design tape-out within nine months. (Reuters)
China's AI Large Model API Call Volume Leads the World for 19 Consecutive Weeks as Tencent Hy4 preview Tops the Rankings
According to the latest data from OpenRouter, National Business Daily calculated that the total global API calls for AI large models last week (August 31 to September 6) reached 115 trillion tokens, a week-over-week increase of 1.77%. In particular, weekly API calls for Chinese AI large models amounted to 56.72 trillion tokens, a week-over-week increase of 2.83%, surpassing the United States (16.54 trillion tokens, a week-over-week decline of 3.1%) for the 19th consecutive week and firmly holding the top global position. In the global top five for call volume, four are Chinese models. Tencent Hunyuan HY4 Preview led with 14.7 trillion tokens, marking a week-over-week increase of 379%; GPT-5.6 Luna took second place with 12.9 trillion tokens; Zhipu GLM-5.3 Flash climbed to third with 12.4 trillion tokens; while the official and preview versions of DeepSeek-V4-Flash secured fourth and fifth places, respectively. MiniMax M3 returned to the rankings after nearly a month, claiming sixth place, and has since become the underlying foundation for the Arabic large model developed by Saudi Arabia’s HUMAIN company. Meanwhile, Xiaomi’s MiMo-V2.5 and Gemini 3.7 Flash fell out of the rankings this week.
JPMorgan: AI token spend up 7% month-over-month, B200 leasing down 1.5% for the first time, DRAM spot prices rise for five consecutive months
According to Chaowang Research, JPMorgan’s August 28 research report states that OpenRouter platform token volume increased 47% month-over-month and 28 times year-over-year in August, while expenditure rose 7% month-over-month and 12 times year-over-year; the volume-weighted average price decreased 28% month-over-month, with low-priced models such as GPT-5.6 Luna accounting for approximately 99% of the incremental volume. In the GPU rental market, A100 prices remained flat at $1.65/hour, H100 rebounded to $2.73 (+1.2%), and B200 fell 1.5% month-over-month to $5.63, marking the first monthly decline since the index was published in September 2025. DRAM spot prices have risen for five consecutive months, with DDR5 16Gb reaching $50.20 (+6% month-over-month, +880% year-over-year); NAND ended a four-month downward trend, with 1Tb quoted at $30.50 (+14% month-over-month, +470% year-over-year). JPMorgan observes that AI computing demand continues to expand, yet structural shifts on the supply side are reshaping pricing dynamics. Closed-source and open-source models are growing in tandem, with lower-priced models gaining market share while higher-priced models drive the majority of revenue. The price reduction for B200 reflects increased capacity for next-generation GPUs, while the rebound in H100 pricing demonstrates sustained demand resilience for the preceding generation. With both DRAM and NAND showing strength, the ongoing crowding-out effect of HBM on DRAM capacity continues to provide positive support to semiconductor equipment suppliers.
AI programming platform Replit announces adoption of OpenAI's low-cost model to lower the barrier to programming
: AI programming platform Replit has launched a new feature called Free Mode, powered by OpenAI's latest low-cost model GPT-5.6 Luna, aimed at reducing the cost for users to access AI programming tools and enhancing the value for paid subscribers.Replit stated that Free Mode is currently available to Core and Pro subscribers, corresponding to the $20/month and $100/month plans, respectively. This mode will serve as the default experience, allowing users to prioritize the low-cost model for chat, brainstorming, and simple programming tasks. When a task requires stronger reasoning capabilities, Replit Agent will automatically switch to a higher-performance model.Michele Catasta, Head of AI at Replit, said that the launch of Free Mode is made possible by OpenAI significantly cutting the cost of the GPT-5.6 Luna model. At the end of July, OpenAI reduced the API price of this model by approximately 80%, achieving cost reduction through improved model efficiency rather than relying on additional computing resources. (Fortune)
OpenAI: ChatGPT Free Users Can Now Use GPT-5.6 Luna Unlimitedly, Astra Delayed
Odaily News: AI company OpenAI announced that ChatGPT free users and users on the low-cost Go plan can now use the lightweight GPT-5.6 model Luna without limits, but only for text conversations. File uploads, image generation, and voice conversations will still be subject to existing usage limits.GPT-5.6 Luna is the fastest but relatively lower-performing model in the GPT-5.6 series, and it now includes a new "Think" option that allows for extended reasoning time. OpenAI has also improved GPT-5.6's top-tier model Sol for Plus and Pro users, enhancing the reliability of factual information such as numbers, dates, and sources.OpenAI has also decided to postpone the release of its next-generation model, Astra. Internal evaluations of this model have shown strong capabilities in coding and cybersecurity, potentially reaching a "dangerous" rating. Internal activities have been temporarily paused as enhanced safety standards have not yet been finalized.
OpenAI: GPT-5.6 Sol Delivers Instant and Deep Reasoning Capabilities for Plus and Pro Users
Odaily News, OpenAI announced that GPT-5.6 Sol now supports instant response and deep reasoning features for ChatGPT Plus and Pro users, aiming to provide a more accurate and focused answer experience. Additionally, OpenAI stated that free users and Go users will gain access to unlimited text chat powered by GPT-5.6 Luna starting tomorrow.