Flash News

TREE NEWS update: ArcSoft Technology officially launched its BlackEye-S3 generative video creation platform, the company said. At the same video length and quality requirements, BlackEye-S3 improves AIGC content generation quality and creation efficiency while cutting comprehensive token costs by more than 30%. The product targets B2B professional content generation scenarios including film and television, advertising and AI short dramas, and will gradually open to individual creators on the consumer side.

TREE NEWS update: Baidu’s Smart Cloud Business Group (ACG) has reorganized several business lines, with units under its Smart Application Business Division moved into the Infrastructure Business Division, the Agent Business Division and the Service Delivery and Quality Engineering Center. The center was renamed the Industry Application and Technology Service Center, with its head unchanged and still reporting to Shen Dou. Vice President Ruan Yu rotates to head Xiaodu Technology, also reporting to Shen Dou; a rumor that Xiaodu CEO Li Ying has left is untrue.

TREE NEWS update: Doubao upgraded its PC operation capability, improving screen-click precision and speed, the company said. After users request computer operations in a chat and grant authorization, Doubao Work can automatically view the computer screen and simulate human mouse and keyboard operations on applications. Tasks can continue running after the Mac screen locks.

TREE NEWS reports: Tesla plans to use its Optimus humanoid robot to plug and unplug charging cables for Robotaxi vehicles, serving as an interim measure before a fully automatic wireless charging system is deployed, Not a Tesla App reported. The robot would handle the physical charging-gun connection for the autonomous taxi fleet.

TREE NEWS update: Yibo Technology’s wholly owned subsidiary Zhuhai Yibo Electronics plans to invest about 1 billion yuan ($138 million) in an AI computing high-end PCB manufacturing project in Zhuhai, the company said in a filing. The project includes about 600 million yuan of fixed-asset investment and 400 million yuan of other investment, with designed capacity of 80,000 square meters per month. Once fully operational, annual output value is expected to exceed 1.5 billion yuan.

TREE NEWS update: Broadcom announced a $63 billion financing arrangement on Oct. 26, with Bank of America, Blackstone, Citigroup and Morgan Stanley participating in an SPV that will buy Broadcom XPU AI accelerators and networking gear and lease them to Anthropic, with deliveries expected from 2027. The next day the Philadelphia Semiconductor Index rose 3.6%, with all 30 components higher; Cerebras gained 10.10%, CoreWeave 7.94% and Broadcom 4.00%. Anthropic’s S-1 disclosed long-term compute commitments estimated at up to $807 billion.

TREE NEWS update: AI wealth management platform Nevis has closed a $70 million Series B round led by EQT Ventures, with new investors Charles Schwab and QuantumLight joining existing backers Sequoia Capital, ICONIQ Capital and Ribbit Capital. The company has raised $110 million in total over two years. Nevis said revenue grew more than 25-fold in the past 12 months while platform assets rose from $50 billion to over $700 billion.

TREE NEWS update: Moore Threads reported third-quarter 2026 revenue of 1.552 billion yuan, up 1,773.92% year on year, with net profit attributable to shareholders of 49.26 million yuan and non-GAAP net profit of 20.07 million yuan, both swinging to profit. For the first nine months, revenue reached 3.289 billion yuan, up 319.15%, while R&D spending rose 55.72% to 1.340 billion yuan. The company attributed growth to accelerated adoption of its intelligent computing products in AI infrastructure.

TREE NEWS update: Baidu plans to disclose R&D progress and results on its world model in the coming days. The model, which simulates and predicts physical environments, could improve prediction and decision-making in complex scenarios and support the scaling of autonomous vehicles. Baidu’s Apollo Go robotaxi service already covers 28 cities globally. The specific use of the model and its relationship with Apollo Go remain unclear, and Baidu declined to comment.

TREE NEWS update: Hang Seng Indexes Company said Anthropic will be added to the Hang Seng Hong Kong-US Tech Index. The index compiler disclosed the inclusion without giving an effective date or further details on weightings. Anthropic is an AI developer, and the index tracks technology companies listed in Hong Kong and the US.

TREE NEWS update: Sequoia China and Unitree Technology announced on Oct. 28 the launch of the “ShanYu Venture Program,” an early-stage investment initiative focused on embodied intelligence, robotics applications, upstream and downstream key technologies, and other frontier hard tech. The program aims to serve as a “venture partner” to founders, providing scarce industry and capital resources, with a strategy of understanding technology and industry, discovering early, deciding fast, valuing people, and not adding disruption.

TREE NEWS update: Douyin said it disposed of 1.135 million违规 short videos and 507,000 accounts over the past month under its account health score rules, in a campaign against malicious marketing accounts misusing AI. Another 302,000 accounts were guided back to compliant creation through platform rule-learning exams. The platform said it will step up its crackdown on AI-tool abuse and trace black-market tools and teaching groups behind it.

TREE NEWS update: Moore Threads has open-sourced Megatron-MUSA-Titan, a large-model training infrastructure project built on its full-function GPUs. The project targets trillion-parameter MoE model training on 10,000-GPU-scale clusters, covering both pre-training and reinforcement learning, and gives developers training adaptation and system optimization capabilities for the MUSA platform.

TREE NEWS update: Doubao public relations head Liu Xing said reports that Hengdian and ByteDance had agreed to feed the likenesses and voices of 150,000 film extras into ByteDance’s large models are “seriously inaccurate.” The statement, posted by Liu, did not elaborate on the nature of any cooperation between the studio hub and the company. No further details were provided.

TREE NEWS update: Aoshikang plans to invest a total of RMB 6 billion to build a PCB industrial base for intelligent computing and high-speed interconnect in Nantong, Jiangsu. The project will be funded in three phases, with roughly RMB 2.5 billion allocated to phase one. The board has approved the plan, which still requires shareholder approval, and the land will be acquired through public bidding.

TREE NEWS update: Unitree Technology and Sequoia China announced on October 28 the launch of the ‘Shanyu Venture’ program, focused on discovering and investing in early-stage startups in embodied intelligence, robotics applications and related key upstream and downstream technologies, as well as other frontier hard-tech sectors. The initiative aims to act as a ‘venture partner’ to founders, exploring possibilities from technology origination to product application.

TREE NEWS update: Microsoft and Alphabet report quarterly results after the US market close on Oct. 28, with Amazon following on Oct. 29, as investors weigh whether AI infrastructure spending is translating into returns. The three companies’ combined capital expenditure in their latest reported periods was about $134.9 billion. Microsoft’s free cash flow remained positive at $19.64 billion, while Alphabet and Amazon posted capex of $44.92 billion and $54.21 billion respectively, exceeding operating cash flow.

TREE NEWS update: Beijing will require all newly built computing centers to run entirely on green electricity, according to the municipal government’s 15th Five-Year Plan for a new energy system. Existing data centers must cut power usage effectiveness to 1.35 or below, and energy and carbon efficiency per unit of computing power must reach international advanced levels. The plan also calls for coordinated energy and computing resource planning and low-carbon upgrades to telecom base stations and equipment rooms.

TREE NEWS update: Iluvatar CoreX demonstrated its Tianji 300 general-purpose GPU in a live hardware demo in Shanghai on October 28, claiming it is China’s first domestic GPU to match Nvidia’s H200 in measured performance. Third-party testing put per-card overall throughput at 1.05 times that of the H200, the company said at its 2026 media open day.

TREE NEWS reports: Searches for “OPC” (one-person company) jumped 1,750% year-on-year in August as more people turned to the solo-entrepreneurship model. In Beijing’s Haidian district, master’s student Zhang Jiawei has already completed registration for his own OPC, a process he said was nearly free and included free legal and financial consulting plus a support policy capped at 100,000 yuan in tokens. In Hangzhou, Zhang Qianchao used eight AI agents to sell more than 3,000 hats within two months.