Flash News

TREE NEWS update: Marvell Technology released its second-generation Structera X, the company’s latest chip for accelerating data-center infrastructure. The product launch follows the first Structera X generation and targets the compute and memory demands of AI-era data centers. Marvell has not disclosed pricing or availability details for the new part.

TREE NEWS reports: Microsoft is preparing to install the newest version of its in-house chips across its data centers, aiming to power its AI software mainly with its own hardware. The company expects to stockpile multi-gigawatt volumes of Maia chips, with Maia 300, designed for inference, rolling out next year. Microsoft says Maia 300 can deliver 40% more tokens per megawatt than leading GPU-based systems, and it currently does not plan to rent the underlying compute directly to cloud customers.

TREE NEWS update: JUNPENG Smart unveiled Primus Stack, a full-stack industrial embodied intelligence platform, on October 12 via its official WeChat account. The platform comprises four linked modules — data collection, a data-and-model closed loop, a development kit, and autonomous operation solutions — covering the entire workflow from data collection and model training to skill development and production-line delivery, with a “brain plus cerebellum” architecture that pairs stable on-site execution with continuous cloud-based evolution.

TREE NEWS update: Jishi Media said its shares rose by a cumulative 20% deviation over three consecutive trading days from Oct. 8 to Oct. 12, 2026, triggering an abnormal trading alert. The company said it and controlling shareholder Jilin Radio and Television have no undisclosed major matters, and that its AI micro-drama business remains at an early stage with very low revenue and no material impact expected on this year’s results.

TREE NEWS reports: Elon Musk said only three organizations have enough programming training data to build truly excellent AI: OpenAI, Anthropic and SpaceX’s Cursor, with Google as a marginal addition. The remark came in a pre-market roundup that also flagged IREN’s multi-year cloud deal with Anthropic, sending the cloud provider’s shares up over 4% pre-market. Broadcom’s CEO said AI compute demand will outstrip supply over the next two years.

TREE NEWS update: Salesforce has signed a definitive agreement to acquire Loops, with plans to integrate the company’s technology into Tableau. The transaction is expected to close in early November of fiscal year 2027. Financial terms of the deal were not disclosed.

TREE NEWS update: Robotics AI startup Winverse AI has closed a seed round in the tens of millions of dollars, led by DeepSeek, at a post-money valuation of about $400 million. Meituan’s investment arm Long-Z Investments also participated. DeepSeek is drawing on its more than $12 billion in raised capital for the deal, extending from large-model research into embodied intelligence and robotics AI.

TREE NEWS update: Liao Hongtao, former co-CTO of robotics firm UBTech, has joined Tencent’s Futian Lab as head of embodied intelligence. His team has already begun recruiting for embodied intelligence roles.

TREE NEWS update: China unveiled the “Zhixiang-Sinan” AI nowcasting model for the Haihe River Basin in Tianjin on the 12th. The model was jointly developed by the Tianjin Meteorological Bureau, the China Meteorological Administration’s Earth System Numerical Prediction Center, Renmin University of China, and the National Supercomputing Center in Tianjin. It is designed to address short-term forecasting challenges posed by sudden severe convective weather in North China.

TREE NEWS reports: DeepSeek is set to lead a funding round in a robotics AI startup founded by a former Tencent scientist, valuing the company at about $400 million. The deal would mark the Chinese AI firm’s move into backing robotics-focused artificial intelligence ventures. No further terms of the round were disclosed.

TREE NEWS update: Lianxun Instruments said it expects net profit attributable to shareholders of RMB 1.90 billion to RMB 2.10 billion for the first three quarters of 2026, a year-on-year increase of 1,866% to 2,073%. The company attributed the gain to rapid development of artificial intelligence technology and rising global computing power demand, which accelerated data center construction and drove sales of its communications test instruments and optoelectronic device test equipment.

TREE NEWS update: Chinese listed firm Xingyun Technology said its wholly owned subsidiary Shenzhen Xingyun signed a new computing power service agreement with a VB client, replacing the original contract. The tax-inclusive total rises to 3.357 billion yuan, about 9.96% above the prior contract and 231.13% above the initial 1.014 billion yuan. The deal covers 256 units and is expected to affect future results.

TREE NEWS update: ST Doushen announced that its wholly owned subsidiary Doushen Hong Kong signed a computing power service agreement with XYZ worth $112 million (about RMB 755 million), excluding applicable taxes, over a 60-month term. Doushen Hong Kong will prepay $45 million after the service order is signed, with the remainder billed and paid monthly. XYZ committed to a monthly cluster availability of no less than 99.5% and will issue monthly service reports.

TREE NEWS reports: Nvidia is in early talks to invest further in or acquire AI model company Reflection AI, possibly by absorbing its team and licensing its technology, with no deal or price announced. Nvidia closed at $229.28 on October 9, down 0.52%. For its fiscal 2027 second quarter ended July 26, 2026, revenue was $96.2 billion, up 106% year on year, with data-center revenue of $89 billion, up 117%.

TREE NEWS reports: Pearl’s PRL token rose more than 300% over the past month, from $0.33 to $1.40, with about 16.3% of its 2.1 billion supply mined and circulating market cap above $470 million. The L1 protocol, which pays miners in PRL for GPU work on AI training and inference, joined NVIDIA Inception on July 15 and now offers seven OpenAI-compatible models on its Serverless Inference platform.

TREE NEWS update: Hongxin Electronics said its wholly owned subsidiary Beijing Anliantong Technology signed a purchase contract worth 2.131 billion yuan including tax with Company A and a sales contract worth 852 million yuan with Company B, both covering high-performance server computing chips. Delivery and billing will be in separate batches with independent acceptance. The deals fall within the chairman’s approval authority, require no board review, and are not related-party transactions or major asset restructuring.

TREE NEWS update: Hang Seng Indexes Company said it has launched a new index tracking the performance of Hong Kong-listed companies engaged in hard-technology businesses. The index covers sectors including semiconductors, artificial intelligence, electronic equipment, new energy equipment and other high-end equipment manufacturing, the company said in a statement.

TREE NEWS update: UK AI Minister Narayan said the country’s AI Safety Institute (AISI) will retain the right to access AI models before they are released. The statement affirms pre-deployment testing authority for the UK’s safety body as governments weigh oversight of frontier model launches.

TREE NEWS update: The Sui Foundation is committing $30 million to the DATA Network, which will rebuild the AI data registry of the former Story blockchain on Sui. Under the transition plan, the DATA token will convert one-for-one onto Sui, though no date has been set for the migration. Story is shutting down as part of the move.