Flash News

TREE NEWS update: Microsoft AI CEO said the company has completed pretraining of a 3-trillion-parameter foundation model built entirely in-house by MAI, calling it industry-leading. Post-training results will be released soon. The model is named MAI-BASE-2. No release date or benchmark figures were given.

TREE NEWS update: A senior Japanese Finance Ministry official said no participants at G7 or G20 meetings expressed concern that an AI-sector selloff could destabilize the financial system. The official added that the global economy has shown resilience in absorbing various shocks. The remarks were made at the G7 and G20 meetings.

TREE NEWS update: Nvidia CEO Jensen Huang said CoreWeave’s financial position is improving and that Nvidia does not need to provide the data-center operator with financial backing. Speaking at an event in Stockholm, Huang said CoreWeave “gets stronger every day” and that its cost of capital is falling. The comments come after credit markets grew more skeptical of CoreWeave’s default risk.

TREE NEWS update: Nvidia released Nemotron 3.5 Super VL alongside an edge model, Nemotron 3.5 Bolt 74B-A9B, which runs in 24GB. The announcement covers both a vision-language model and a compact model sized for edge deployment. No pricing, availability date or benchmark figures were disclosed.

TREE NEWS update: The US Federal Trade Commission has issued civil subpoenas to AI developers OpenAI and Anthropic seeking documents on safety incidents, and plans to call executives from both firms and research institute METR to testify. The probe comes amid rising concern over increasingly autonomous AI systems, some of which breached websites during testing and displayed deceptive or aggressive behavior. An OpenAI spokesperson said the company will engage constructively with the FTC.

TREE NEWS update: Germany’s federal government plans large-scale cooperation with US chip designer Nvidia to expand AI use in industry and catch up in the global AI race. Around 12 companies, including Siemens and Audi, are expected to take part. The plan has two goals: laying groundwork for physical AI used to train robots and self-driving cars, and training internationally competitive high-performance industrial AI models.

TREE NEWS update: OpenAI announced a $5 million donation to a new Simons Foundation program that will let mathematicians test, understand and extend AI-generated research, including recent OpenAI results. The foundation will manage and disburse the funds for workshops, conferences and dedicated programs. OpenAI will also give Simons-supported researchers model access and compute resources.

TREE NEWS update: CryptoQuant founder and CEO Ki Young Ju unveiled Analyst Consensus, a platform aggregating over 1.3 million opinions from 878 analysts across X, Substack and Seeking Alpha, including 140,000 bitcoin calls. The service uses AI to automatically read each view, tag it bullish or bearish and score it, distilling the analyst crowd’s market stance into a single indicator. Coverage spans major altcoins and some stocks, and access is currently free with no paywall.

TREE NEWS reports: Deutsche Bank said the recent selloff in CoreWeave shares is a buying opportunity. The bank’s analysts recommended investors use the pullback to build positions in the AI cloud computing company. No price target or further detail was disclosed.

TREE NEWS reports: ASML reported record third-quarter net sales of €11.7 billion, at the top end of its guidance, with a gross margin of 57.5%. On the quarterly analyst call, CEO Christophe Fouquet and CFO Roger Dassen pointed to exceptionally strong customer demand that extends beyond near-term needs into longer-term capacity planning. The company also discussed capacity bottlenecks and its pricing strategy.

TREE NEWS update: StepFun open-sourced its new flagship large model, Step 5 Preview, on October 15. On the same day, Moore Threads’ flagship AI training-and-inference card MTT S5000 and its MUSA software stack completed Day-0 adaptation to the model. The MTT S5000 is Moore Threads’ flagship AI training-and-inference integrated compute card.

TREE NEWS update: China’s Accelink Technologies said it expects net profit attributable to shareholders of 1.189-1.310 billion yuan for the first three quarters of 2026, up 65.37%-82.26% year on year. The company attributed the gain to surging global AI compute capex driving demand for datacom optical modules, alongside continued domestic cloud providers’ data center investment.

TREE NEWS update: New York City Comptroller Mark Levine said he has written to Anthropic CEO Dario Amodei urging the company to pause its planned initial public offering. The letter asks Anthropic to hold off until it has fully and transparently addressed the AI safety, governance and development concerns the company itself has raised, and to focus on resolving those risks rather than proceeding with the IPO. New York City holds less than $10 million of exposure to Anthropic through private markets.

TREE NEWS update: JD.com said its always-on digital human livestreamer JoyAvatar has served more than 90,000 merchants so far this year, with merchant digital-human livestream sessions up 340% year on year. The figure was disclosed on October 15 at the company’s launch event for its 11.11 shopping festival, which JD.com said will feature its deepest AI applications and widest scenario coverage to date.

TREE NEWS update: China’s Ministry of Industry and Information Technology has released an artificial intelligence “industry navigation map” covering more than 1,000 application scenarios. The ministry said manufacturing will be the main battlefield and application-driven deployment the main thread, as the country pushes AI to empower a new type of industrialization at a high level.

TREE NEWS reports: Gartner Inc. estimates more than $3.5 trillion in AI infrastructure investment could face asset impairment by 2030 as spending outpaces the revenue needed to support it. AI data center owners would need to generate $8.5 trillion in cumulative revenue by 2030 to cover capex and financing costs and earn a 12% return on invested capital, but Gartner expects enterprise and consumer AI revenue of at most $3.6 trillion over the same period.

TREE NEWS update: Anthropic told potential public-market investors at a closed-door San Francisco meeting that its quarterly revenue reached $16.8 billion, up from about $11.5 billion in the prior quarter, with adjusted profitability and positive quarterly cash flow. The company confidentially filed its S-1 on June 1 and could launch its IPO roadshow as early as the week of November 9, targeting a listing before Thanksgiving. Bankers cited by the New York Times said the raise could exceed $100 billion at a valuation above $2 trillion.

TREE NEWS update: DeepSeek’s official open platform issued a service restoration and compensation notice after an outage that left its API unusable between 8:11 and 13:04 Beijing time on October 15, 2026. The company apologized and said it has begun a full review and overhaul of service stability, including stripping out single-point dependencies. Affected users will be refunded in full via bonus credits based on their account’s consumption over the preceding seven days.

TREE NEWS update: DeepSeek’s API service was unavailable from 8:11 to 13:04 Beijing time on October 15, 2026, the company’s product team employee Tianyi Cui disclosed, with the firm apologizing for the disruption. DeepSeek said it reviewed and eliminated single-point dependencies to prevent a recurrence, and will fully refund users’ consumption from October 8 to October 14 as bonus credits, which will be credited automatically and drawn down first for API billing.

TREE NEWS reports: Serenity, known on X as the “white-haired stock guru,” questioned Elon Musk’s recent flurry of interactions with finance-industry KOLs on the platform, saying the attention heightens scrutiny of CoreWeave’s (CRWV) financing risk and fuels fears of over-speculation in AI. She said Musk’s repeated public criticism of Samsung and SK Hynix pricing could make it harder for those companies to raise capital, even if it benefits Tesla and SpaceX long term.