Flash News

TREE NEWS reports: CoreWeave shares dropped 6% on the day, hitting their lowest level since May 2025. The move extends a sharp pullback in the AI cloud and GPU provider’s stock, which has come under pressure in recent sessions. No further details were immediately available.

TREE NEWS update: Agibot, in partnership with Wuhan Tourism Group and Zhongyun Weixun, has launched what it calls the world’s first smart retail kiosk staffed by a full-size bipedal humanoid robot. Its Yuanzheng A3 Ultra robot is now operating commercially at the ‘Jiangyu’ bridge-pier film camp on the Hankou riverbank in Wuhan, autonomously identifying, grasping and delivering more than ten snack and drink categories while interacting with visitors.

TREE NEWS update: The U.S. Department of Homeland Security issued a notice of federal procurement exclusion and removal orders targeting Chinese companies. China’s Ministry of Commerce responded that Beijing balances development and security, citing the Cybersecurity Law and Personal Information Protection Law as safeguards for data privacy. It said Chinese AI firms provide safe, reliable services worldwide and comply with local laws.

TREE NEWS reports: Animoca Brands chairman Yat Siu said AI agents can execute trades around the clock, including while users sleep, but warned that traders must prepare for the possibility of losing access to those bots at any time. His remarks frame continuous automated trading as a convenience paired with an operational risk users should plan for.

TREE NEWS update: Walt is planning to offer AI-driven perpetuals trading through integrations with Mira, ChatGPT and Claude, with order execution disabled by default. AI agents would be confined to a dedicated trading account that users must choose to fund, the company said. The setup keeps automated trading opt-in and separated from users’ main balances.

TREE NEWS update: Tether Capital, the investment arm of stablecoin issuer Tether, participated in a $1.5 billion Series E funding round for AI chip company Tenstorrent, valuing the company at $6.2 billion post-round. Tenstorrent, led by chip architect Jim Keller, develops high-performance AI processors, server systems and software aimed at open AI computing infrastructure. The company plans to use the proceeds to scale production of its Galaxy server systems, advance AI chip and CPU development and expand global commercial operations.

TREE NEWS update: Former US Treasury Secretary Robert Rubin said at the 2026 Bund Summit that the US could consider raising the tax burden on companies that benefit most from artificial intelligence. Speaking during a roundtable discussion, Rubin said the US still has a very strong long-term economic foundation and inherent advantages, but that achieving economic success requires addressing policy challenges. He described the problems facing the US as entirely manageable.

TREE NEWS update: DeepSeek fully open-sourced its inference framework, compatible with Nvidia and Huawei Ascend chips, achieving a single-cluster daily throughput of 155 trillion tokens and revenue of $38 per card per hour. The release comes as the U.S. government directs agencies to stop using DeepSeek, with China’s Foreign Ministry opposing the politicization of tech and trade issues. AI trading sentiment tightened, with U.S. premarket memory chip stocks falling, SK Hynix down about 4%.

TREE NEWS update: Microsoft launched its Data Guardian data protection service for customers in the European Union and the European Free Trade Association (EFTA) on Wednesday. The service is aimed at helping organizations in those regions meet data protection requirements. Microsoft did not disclose further details on pricing or availability.

TREE NEWS update: Xiaomi’s MiMo-V2.6-Pro went live on WorkBuddy on October 20. The model is now available through the WorkBuddy platform, marking its official rollout on that service. No further details on pricing, access tiers or capabilities were disclosed.

TREE NEWS update: Boeing has launched DataLiner, an artificial intelligence platform for aircraft data, the company said. The platform is designed to handle data generated by aircraft systems. Boeing did not disclose further details on the platform’s capabilities or availability.

TREE NEWS update: The Shanghai-based Memory Tensor team released and open-sourced the MemT-1.0 series of memory-native models on October 20. Unlike models that start each conversation from scratch, the series builds persistent, updatable internal memory into the model computation, so historical information and task experience can be called directly in later tasks without resupplying raw historical text. The release includes MemT-1.0-Flash and MemT-1.0-Nano, with 288B and 36B parameters respectively.

TREE NEWS update: Walt, the app formerly known as Wallet in Telegram, now lets AI agents open and close perpetual trades on behalf of users. The agents trade only from an account the user funds, cannot move money out, and start with order execution switched off. The app announced the feature for its Telegram-based interface.

TREE NEWS update: Yunnan Germanium reported net profit attributable to shareholders of 176 million yuan for the first three quarters of 2026, up 869.79% year on year, on revenue of 1.364 billion yuan, up 70.71%. Third-quarter net profit reached 102 million yuan, up 2,642.24%. The company attributed the growth to surging demand from downstream AI data centers and optical communications, which lifted sales volumes and average prices of compound semiconductor materials including indium phosphide.

TREE NEWS update: Montage Technology said it expects third-quarter 2026 revenue of about 2.079 billion yuan, up roughly 46.0% year on year, with net profit attributable to shareholders of 1.2-1.3 billion yuan, a rise of 153.6%-174.7%. Non-GAAP net profit is forecast at 950 million-1.05 billion yuan, up 152.6%-179.2%. The company attributed the growth to sharply higher DDR5 memory interface and module chip shipments and a rising share of third-, fourth- and fifth-generation DDR5 RCD chips.

TREE NEWS update: UBTech Robotics has set up a new embodied intelligence subsidiary, Huizhou Guanfu Embodied Intelligence Technology Co., Ltd., with registered capital of 20 million yuan. The company is wholly owned by Shenzhen Tongzai Embodied Intelligence Technology, itself a wholly owned unit of the Hong Kong-listed UBTech. Its business scope covers AI application software development, intelligent robot R&D, and data processing and storage services.

TREE NEWS update: Hongchang Electronics said its wholly owned subsidiary Zhuhai Hongren Electronic Materials plans to sign an investment agreement with the Zhuhai Economic and Technological Development Zone to build a high-end copper clad laminate and prepreg project. The investment is at least about RMB 800 million, including at least about RMB 700 million in fixed assets. Once ramped, the project will add annual capacity of 10.8 million high-end copper clad laminate sheets and 24 million meters of prepreg, targeting AI servers, data centers and high-end consumer electronics.

TREE NEWS update: DeepSeek has fully open-sourced DeepInfer, its internal inference framework, the company said. DeepInfer already powers high-throughput, low-latency large-scale inference for DeepSeek V4.1 Flash. Inference code for future DeepSeek models and subsequent optimizations will also be continuously updated in the repository.

TREE NEWS update: 21Shares listed two physically backed exchange-traded products in Europe on October 20, one tracking Lighter (LIT) and the other Venice Token (VVV), both carrying a 2.50% fee. The Lighter ETP trades as LIHT on Germany’s Xetra in euros and dollars, while the Venice Token ETP trades as VENC on Switzerland’s SIX in dollars. Investors can hold the products through ordinary brokerage accounts without buying, custoding or managing the tokens themselves. Lighter is a zero-knowledge decentralized perpetuals platform and Venice a privacy-focused AI platform.

TREE NEWS update: UAE artificial intelligence company G42 is exploring AI technologies for the physical world in partnership with AMI Labs, the venture led by Yann LeCun, the company said on October 20. G42 disclosed the collaboration without providing details on scope, timeline or investment. The effort links a Gulf state-backed AI firm with LeCun’s new lab.