Flash News

TREE NEWS reports: Global fiber optic supply will fall short of demand by 150 million to 200 million core-kilometers in 2027, driven by surging AI data center demand, according to an industry forecast released at the 2026 Global Fiber Optic Cable Conference in Wuhan on October 19. Because fiber preform capacity expansion takes 18 to 24 months, the tight supply is unlikely to ease quickly through price signals in 2027. Several companies called for a capacity coordination mechanism to prevent a cyclical reversal once concentrated expansions come online in 2028.

TREE NEWS reports: A-share semiconductor companies have largely pre-announced higher earnings for the first three quarters, with memory chip makers showing strong profitability and PCB emerging as the most certain segment. Market participants expect the global semiconductor uptrend to continue through 2027 on AI demand, and say sectors with resilient fundamentals could regain investor favor as valuations have pulled back.

TREE NEWS reports: Former Google CEO Eric Schmidt holds approximately a 1% stake in AI developer Anthropic. The precise value of the position was not stated. Schmidt has been an active investor in artificial intelligence companies since leaving Google’s board.

TREE NEWS update: Anthropic has committed 5% of its shares to a public benefit fund, the company said. Within hours, Elon Musk responded by promising a SpaceX share to every American child. Neither the value of Anthropic’s contribution nor the mechanics of Musk’s pledge were disclosed.

TREE NEWS reports: Anthropic is negotiating to purchase about $45 billion worth of computing power from Nvidia-backed AI cloud company Nscale, with the deal potentially finalized within days. Nscale would build a second facility at its Monarch data center campus in West Virginia, providing 460 megawatts of compute using Nvidia Vera Rubin chips, and Anthropic holds a right of first refusal on a third facility. Nscale’s IPO filing shows Anthropic previously signed an infrastructure agreement worth about $44.6 billion.

TREE NEWS update: Binance has opened its no-code AI trading agent to all users, allowing free users to paper trade and deploy spot and futures strategies from an isolated sub-account. The agent had been in paid beta since March. The rollout follows what Binance described as a successful beta period.

TREE NEWS update: Nvidia CEO Jensen Huang announced new planned investments in German agile robotics company Agile Robots, healthcare firm Avelios, Mirelo and Reflex Aerospace. The announcement named the four targets but disclosed no investment amounts, ownership stakes or deal terms. None of the companies is a crypto, blockchain or tokenization business.

TREE NEWS reports: Nscale is negotiating a $45 billion cloud computing agreement with Anthropic, people familiar with the matter said. The discussions include building a second facility at Nscale’s Monarch site that would provide 460 MW of computing capacity. No timeline or final terms were disclosed.

TREE NEWS update: Reflex Aerospace plans to expand its European satellite production capacity, supported by a proposed investment from Nvidia. The company did not disclose the size or structure of the planned investment. No timeline for the production expansion was given.

TREE NEWS update: Nvidia has carried out a record quantum computing simulation on its Jupiter system, running a 104-qubit fault-tolerant quantum simulation. The company said the run marks a record for simulations of this kind. No further technical details or timing were disclosed.

TREE NEWS update: German Chancellor Friedrich Merz said Nvidia plans to invest several billion dollars in Germany, without giving a figure or timeline. Merz also said Europe has the potential to catch up economically and that Germany needs to reform its social security system. He added the ECB can move quickly on leadership appointments if necessary but that there is no need to decide fast.

TREE NEWS update: Bitcoin Japan has signed an exclusive agreement to introduce UBTech’s humanoid robots into the Japanese market. The deal makes Bitcoin Japan the exclusive partner for bringing the Chinese robotics firm’s humanoid robots to Japan. No financial terms or timeline were disclosed.

TREE NEWS update: The Securities and Exchange Commission will host a roundtable on November 9, 2026, to discuss the use of machine-understandable data and Super Intelligence (SI), along with related risks and costs. The agency announced the event without detailing participants or agenda. The roundtable will examine how high-quality data feeds into SI-era systems.

TREE NEWS update: MiniMax released its new M3.1 Flash model, cutting the cost of agent tasks by 70% versus the previous generation and lifting online inference speed nearly threefold, with output exceeding 200 tokens per second. API pricing is set at $0.15 per million input tokens and $0.6 per million output tokens. The model scored 61.7 on the OSWorld V2 benchmark, ranking first among Chinese models, and is now live via the MiniMax API, M Plan and MiniMax Code, with weights to be open-sourced later.

TREE NEWS update: Chinese scientists have developed the world’s lightest wireless mesoscopic microscope, weighing just 1 gram, capable of recording neural activity in the mouse brain cortex at single-cell resolution across a 6mm field of view. A single mouse can have more than 8,500 neurons recorded simultaneously, 25 times the number possible with existing comparable devices. The findings were published online in Nature on October 19.

TREE NEWS update: Oracle said construction at its Jupiter, Florida data center campus is advancing quickly, with on-site work described as proceeding strongly. The company did not disclose a completion date, capacity figures or investment amount for the project. The update covers build progress only.

TREE NEWS reports: S&P Global estimates that the world’s largest technology companies may be carrying more AI-related liabilities than currently disclosed, though its chief industry analyst said no credit ratings need adjusting for now. Debt issued by AI infrastructure providers and so-called neocloud companies, including Nvidia-backed CoreWeave, has fallen to stressed levels in recent weeks amid concerns over aggressive borrowing.

TREE NEWS reports: Investment bank StoneX reiterated its “buy” rating on Galaxy Digital (GLXY) and maintained a $57 price target, arguing the market undervalues the company’s AI data center business and effectively assigns no value to its digital assets operations. The call comes as investor concerns focus on rising borrowing costs at CoreWeave, which had $35.6 billion in outstanding debt as of the end of June.

TREE NEWS update: AI chip startup Tenstorrent closed a $1.5 billion Series E round, reaching a post-money valuation of $6.2 billion. Tether was among the investors in the round. The deal marks one of the largest AI funding rounds involving a crypto company as a participant.

TREE NEWS reports: An optical components manufacturer in Nanchang, Jiangxi, has seen orders for high-speed optical module components booked through the end of 2027, as AI computing demand drives growth in high-speed optical communications. The company’s telecom optics revenue rose 118.25% in the first half of the year, nearly matching last year’s full-year profit in six months. Its traditional imaging-to-optical communications business mix has shifted from 8:2 to 5:5.