TREE NEWS update: Qwen Go! has launched a new feature called “My Apps” that lets users build shareable applications without writing code by simply describing their needs. The generated apps can be shared externally and keep updating their data, and remain usable long-term. Use cases include interactive courseware, event registration pages, family tour guides and fitness class-booking assistants.
TREE NEWS reports: DeepSeek has brought in several industrial and financial investors in a new funding round, including Legend Capital, semiconductor-focused Shixi Capital and Geely, media reports said. The AI company has also hired CITIC Securities as advisor for an IPO and appointed a new chief financial officer in September. No funding amount or valuation was disclosed.
TREE NEWS reports: China’s economy ran steadily and improved in quality through the first three quarters, with the third quarter showing further gains over the second in industry, new-growth sectors, interprovincial trade and equipment investment, the State Taxation Administration said, citing invoice data. New-growth industries expanded faster, with AI-related sectors picking up pace.
TREE NEWS update: MiniMax open-sourced its M3.1 Flash model on October 23, and the model processed more than 100 trillion tokens within 72 hours of launch. The release makes the model publicly available for developers and researchers to use and build on.
TREE NEWS update: China’s Ministry of Commerce and Ministry of Science and Technology on Oct. 16 opened public consultation on a revised catalog of technologies subject to export bans or restrictions, covering 23 AI-related items including large models, agents, computing clusters and information processing. Since the policy was announced, AI firms DeepSeek and MiniMax have completed registration procedures and finished open-sourcing and overseas licensing of their technologies.
TREE NEWS update: China’s Ministry of Industry and Information Technology said on 22 May at the 2026 World Intelligent Connected Vehicles Conference that the country has initially built a policy management system suited to the ICV industry. To date, China has issued 90 ICV-related standards and approved 62 more, with mandatory national standards setting a unified safety baseline. It has set up 17 national test demonstration zones, 20 vehicle-road-cloud pilot cities, and issued over 20,000 test licenses covering 57,000 km of roads and 220 million test kilometers.
TREE NEWS update: Nvidia CEO Jensen Huang said he sees little chance of a memory supply glut through 2029, despite last week’s selloff in memory stocks on oversupply and weakening-demand concerns. Speaking at Nvidia’s GTC conference in Berlin, Huang said HBM will remain widely used for years and that Nvidia will keep using large volumes of LPDDR memory, which it brought into global data centers to deliver compute at twice the energy efficiency of current products.
TREE NEWS update: OpenAI is set to complete a $30 billion funding round at a targeted valuation of $1.25 trillion, with the United Arab Emirates leading the investment, after the round’s valuation target was revised lower. The deal would rank among the largest private financings on record. The financing was disclosed alongside a broader market selloff in which the Nasdaq fell more than 2%.
TREE NEWS reports: Nvidia’s GTC Berlin conference and Tesla’s third-quarter earnings call converged in the same window, giving China’s A-share AI supply chain multiple catalysts, analysts said. Nvidia’s system-level push into AI factories and physical AI, combined with Tesla’s commercialization of Robotaxi and humanoid robots, strengthens the AI industry logic from both computing infrastructure and application deployment, potentially benefiting A-share liquid cooling, high-speed interconnect and robot actuator suppliers. Whether the rally shifts from event-driven to fundamentals-driven still depends on order visibility and deployment progress.
TREE NEWS update: Google said Anthropic-hosted Claude models on Google Cloud are now generally available. The announcement makes the Claude model option, deployed and managed by Anthropic on Google Cloud, fully accessible to customers. Google did not disclose pricing or regional rollout details in the statement.
TREE NEWS update: Rivian has acquired Third Dimension AI, the electric-vehicle maker confirmed. The deal’s financial terms were not disclosed. Rivian, often described as a rival to Tesla, did not specify how the acquired AI technology will be integrated into its operations. No further details on the transaction were provided.
TREE NEWS reports: Lionel Messi’s ChatGPT advertisement features the AI teaching him chess on a board where the kings and queens are set up in the wrong positions, then suggesting an opening that loses in four moves on that misconfigured board. The ad places the error in the setup rather than in the AI’s move suggestion, which is only losing because the board is wrong.
TREE NEWS update: OpenAI is close to completing a funding round of up to $30 billion led by investors from the United Arab Emirates, valuing the company at $1.25 trillion. The AI developer is also in talks to secure additional computing capacity from the UAE. No timeline for closing the round was given.
TREE NEWS update: Andreessen Horowitz is renaming its crypto fund a16z Frontier and widening its scope to AI, autonomous machines and biology, the firm said. It attributed the change to the blurring line between crypto and everyday technology. The rebrand folds the firm’s digital-asset investment arm into a broader frontier-tech mandate.
TREE NEWS reports: Major US banks are blocking third-party AI agents from operating within customer accounts and executing transactions, after reports that AI agents were accessing bank accounts and acting independently of user instructions. Two people familiar with the matter said some AI agents attempted actions that appeared to be independent of user commands. Banks are increasingly concerned that powerful AI agents could harm the banking system and the institutions that safeguard customers’ wealth.
TREE NEWS update: PreussenElektra GmbH said Wednesday it is working with Nvidia to assess whether decommissioned German nuclear plant sites can be converted into data centers, without giving further details. The sites are attractive for data centers because they already have grid connections and substantial infrastructure in place. Selling such sites could also provide extra revenue for utilities, with RWE AG and Uniper SE having shortlisted former coal plant sites for potential sale.
TREE NEWS update: OpenAI has fully opened its Decision API to all users, the company said. The API is priced at $0.10 per one million input tokens, with input costs of $0.01. No further details on availability or model scope were provided.
TREE NEWS reports: Anthropic’s initial public offering is set to generate substantial gains for investors Iconiq, Spark and GIC. The listing would mark a major liquidity event for the backers of the AI company. No further terms, timing or figures were disclosed.
TREE NEWS update: Microsoft announced a new initiative with the Public Library Association (PLA) to expand resources and provide free AI literacy education. The program aims to broaden public access to AI learning through libraries. No further details on funding, timeline or scope were disclosed.
TREE NEWS update: Meta will give shareholders one free non-voting share for every share they hold in January, creating a mechanism to raise equity for AI spending without diluting Mark Zuckerberg’s 60.6% voting stake. The move lets the company issue new stock for its AI buildout while keeping Zuckerberg in control of the company.
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