Gate News message: On April 13, according to Gate Market data, as of the time of writing, VVV (Venice) is trading at $8.20. In the past 24 hours, it is up 0.47%, with a high of $8.28 and a low of $7.72. Its current market cap is approximately $373 million. Venice is a privacy-focused artificial intelligence platform that offers services such as private conversations and image creation. The platform uses a privacy architecture to ensure user data security; all data is stored on the user’s device rather than on servers. Venice provides multiple advanced open-source models, including Claude, GPT, and others. It supports developers in building high-performance applications through OpenAI-compatible APIs, while also working to eliminate any form of censorship on the platform. This information does not constitute investment advice. Investors should be mindful of market volatility.

North Korean hackers’ attacks against the cryptocurrency industry continue to escalate, becoming an important source of funding for maintaining their military budget. Experts say that, unlike hackers from other countries, North Korea relies more heavily on crypto theft; its tactics have evolved into precision takeover—long-term infiltration that is difficult to effectively defend against—posing a serious threat to the industry.

An Iranian official source says the U.S. has agreed to unfreeze Iranian assets stored in places such as Qatar, as a gesture of good faith in negotiations, and also notes that the funds involve security in the Strait of Hormuz. However, the U.S. side denies this claim and reiterates that the funds remain restricted and can only be used for humanitarian purposes.

U.S. well-known angel investor Jason Calacanis expressed optimism about Bittensor and its subnet project Ridges AI on the All-In Podcast, saying that this open-source AI assistant reached about 80% of Claude 4’s performance within 45 days, and highlighting the innovative advantages of decentralization and incentive mechanisms. He also founded the Stillcore Capital fund to focus on investing in the Bittensor ecosystem.

Putin emphasized at a government meeting that large language models are foundational technologies for the development of Russia in all fields. He advocated the importance of homegrown models to ensure security and defense, and noted that Russia has unique expertise in this area. At the same time, he mentioned the cooperative value of open-source solutions.

Gate News, on April 10, a source said that OpenAI will be brought under the jurisdiction of the EU’s Digital Services Act (DSA) and classified as a very large online search engine. This means OpenAI will need to comply with stricter regulatory requirements under the DSA for large platforms.

On April 10, the authoritative AI benchmarking platform LMArena updated its rankings. GLM-5.1 took first place among global open-source models and third place globally, showcasing excellent coding ability and breakthroughs in long-range tasks. It became the only open-source model to achieve continuous work for 8 hours.

As of March 2026, Alibaba Cloud’s Qwen series models account for more than 50% of global open-source model downloads, with a cumulative total of 942.1 million times. Their smaller-parameter versions are widely favored by developers. With the release of Qwen 2.5 and 3.5, Chinese models have gradually begun to surpass their U.S. counterparts, and the open-source strategy has become a key factor in the AI competition between China and the U.S.

Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B. Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs. --- Key recent news about TAO: 1️⃣ **

Alibaba confirms it has launched its own video generation model, HappyHorse-1.0, developed by the AI innovation division of Taotian Group. HappyHorse-1.0 performed exceptionally well in third-party evaluations. It has not yet been open-sourced and is consistent with Alibaba’s recent closed-source strategy. The release of the model is intended to respond to competitors’ market performance and strengthen its competitiveness in the MaaS market.