Flash News

TREE NEWS update: US Democratic lawmakers said they will refuse to provide a bailout for an AI bubble. The remark signals political resistance to backstopping the artificial-intelligence sector should its valuations falter. No further details, figures or specific lawmakers were given.

TREE NEWS update: Celestia Labs has unveiled Voyager, a pre-production architecture that expands the project into execution and targets AI payments, citing a benchmark of 21 million transactions per second. The figure comes from a single-node test and is not a measure of live network throughput.

TREE NEWS update: OpenAI said it is updating its Model Spec, the public document that describes how it wants its AI models to behave. The company framed the revision as part of its effort to explain its expectations for model behavior to the public. No further details on the changes were provided in the announcement.

TREE NEWS reports: Samsung Electronics reported chip profit below expectations and said its entire 2027 HBM output is already sold out, as it ramps HBM4 deliveries. The company expects 2026 capex to rise 60% to KRW 84.4 trillion and is studying further fab expansion in Korea and the US. Samsung shares fell in Seoul after it gave no clear shareholder return plan, to be unveiled in January.

TREE NEWS update: OpenAI has updated its Model Spec, the public document outlining how it wants its models to behave. The revision restructures guidance around five values: following human intent, minimizing harm, honesty and transparency, human autonomy, and human welfare. OpenAI said it is exploring new training methods to help models learn these values and better understand and follow the behavioral guidelines set out in the spec.

TREE NEWS update: Alphabet disclosed in a quarterly filing on Thursday that its AI-related risk exposure exceeds $1 trillion. The company said demand for its cloud services is growing rapidly, as reflected in a rising backlog of unfulfilled cloud contracts, but more than one-third of that quarterly growth came from a joint venture in which it holds a stake.

TREE NEWS update: OpenAI has widened its monitoring for AI misalignment to cover all frontier models, the company said. The change extends oversight previously limited to a narrower set of systems across its most advanced models. No further details on the scope or timing of the expanded monitoring were provided.

TREE NEWS update: Canadian Prime Minister Mark Carney said language-solutions company Cohere Inc. will keep its headquarters in Canada, with the government set to invest up to C$1.6 billion. The announcement ties the company’s Canadian base to a public funding commitment of as much as C$1.6 billion.

TREE NEWS update: AI-based language solutions company Cohere Inc. has raised funding at a valuation exceeding $20 billion, with the Canadian government and Nvidia backing the company. The Canadian government will invest up to $1.14 billion in Cohere. The round was disclosed without further terms.

TREE NEWS reports: Situational Awareness is seeking to raise capital to fund a bet on Fluidstack. No fundraising target, valuation or investor details were disclosed. Fluidstack is a cloud computing platform, while Situational Awareness is an investment entity; further terms of the planned raise were not provided.

TREE NEWS update: Eoptolink said it has made full preparations for order deliveries in the fourth quarter and next year and is confident in meeting sharply rising demand. The optical module maker said raw material supply has been tight industry-wide and stocking lead times have lengthened, prompting earlier planning. It expects Q4 capacity and output to rise significantly, with expansion underway in both Chengdu and Thailand, and holds an optimistic view of next year’s market.

TREE NEWS update: China Literature Group CEO and President Hou Xiaonan said at Tencent’s Global Digital Ecosystem Summit that 50 comic dramas on its overseas platform ToonScroll have each surpassed 10 million views, and AI translation drove first-half revenue from WebNovel’s minority-language web novels up 160% year on year. Hou also announced that the DramaBuddy comic-drama assistant is now integrated with Tencent WorkBuddy, enabling one-sentence generation of comic-drama assets.

TREE NEWS update: Longsys said on Oct. 27 that the supply-demand balance in the memory industry will remain tight, as overseas manufacturers keep NAND Flash capital spending cautious and rely on technology upgrades for modest supply growth. The Chinese memory-module maker told institutional investors that AI large-model deployment in cloud and edge devices is a clear industry trend and should bring sustained demand growth to the memory sector, though short-term demand may be swayed by downstream device-market swings.

TREE NEWS update: China Merchants Securities will establish an artificial intelligence fund with a scale of 5 billion yuan, the brokerage announced. The fund is the firm’s latest move to channel capital into the AI sector. No further details on the fund’s structure, investment targets or timeline were disclosed.

TREE NEWS update: European Commission President Ursula von der Leyen said the European Union and Canada will jointly develop rules and standards for artificial intelligence. She gave no further details on the scope, timeline or format of the cooperation. The announcement concerns AI governance and does not involve crypto or blockchain.

TREE NEWS reports: Contracts on seven offshore crypto exchanges imply a valuation of about $1.9 trillion for Anthropic, ranging from $1.87 trillion to $1.92 trillion, after the AI company made its IPO filing public on Monday. On trade.xyz, a venue on the Hyperliquid blockchain, a contract on Anthropic’s shares is among those trading the implied price.

TREE NEWS update: Phase launched its mainnet with $45 million in backing from Unlimit founder Kirill Eves. The network lets smartphone owners earn tokens by validating transactions and sharing internet connections with AI agents. The funding was disclosed alongside the mainnet launch.

TREE NEWS update: Zhiyuan Robot announced at its 2026 Innovation Day that it will partner with the OpenAtom Open Source Foundation to build a Chinese humanoid robot open-source community. The two will collaborate on robot bodies and hardware, data and evaluation tools, operating systems, and core areas including high-level and low-level control, while jointly organizing development, testing, and embodied AI talent training to advance technology transfer and industry standards.

TREE NEWS update: De Ke Li announced a plan to invest about 1.2 billion yuan ($165 million) in a project to expand production capacity for high-end optical connectivity products used in AI compute and data centers. The investment covers 300 million yuan for land and construction, 850 million yuan for equipment, and 50 million yuan for working capital. The project will build production lines for DCI, high-speed optical modules including coherent modules, and OCS, and still requires shareholder approval.

TREE NEWS update: China’s first AI service street opened in Longgang District, Shenzhen, offering robot rentals starting at 1,000 yuan per day for a robot dog. The robot 6S store lets customers rent dozens of models, including guide and greeting robots, for prices ranging from 1,000 yuan to several hundred thousand yuan. The store adds rental and customization to the traditional 4S model. China’s humanoid robot output is expected to exceed 100,000 units this year.