Flash News

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.

TREE NEWS update: Bullshot, an AI-driven meme token launchpad on BNB Chain, announced on Oct. 27 that it closed a $7.7 million funding round co-led by P2 Ventures and Animoca Brands, with AWS and B1 Ventures among the participants. The platform combines token creation, trading and autonomous AI agents, offering no-code token issuance, bonding-curve fair launches with automatic migration to PancakeSwap, anti-snipe and liquidity-lock protections, and creator revenue sharing. It has also launched a points system tied to daily, social and weekly quests.

TREE NEWS update: Doubao Work said on October 29 that it has opened third-party large-model services to enterprise customers, initially integrating Kimi K3.1 Pro, GLM-5.3 and DeepSeek V4.1 Flash. The feature is available to team and enterprise subscription tiers, is switched on by default, and deducts from existing AI credits by usage rather than requiring separate procurement from model vendors. Enterprises can designate which models apply across Doubao PC, mobile, web and Feishu scenarios.

TREE NEWS update: Doubao Work opened its platform to third-party large language models on Thursday, with the first batch to include Kimi 3.1 Pro, GLM 5.3 and DeepSeek V4.1 Flash. The move lets enterprise customers configure external models alongside Doubao’s own offerings, broadening model choice for corporate users.

TREE NEWS reports: Alphabet shares fell more than 10% after its third-quarter revenue of $127.6 billion, up 25% year on year, missed expectations, with advertising revenue of about $82 billion also short of forecasts. Google Cloud revenue jumped 103% to $30.7 billion, while free cash flow came in at negative $9.065 billion. Management said 2027 capital spending will rise significantly.

TREE NEWS update: Tencent Group Senior Executive Vice President and CEO of Cloud and Smart Industries Group Dowson Tong announced at the Tencent Global Digital Ecosystem Summit the official launch of BuddyOne, an integrated suite built around WorkBuddy, which will open support for third-party agents. Tencent also said its new Hunyuan models Hy4 and Hy4flash are coming soon, and that Tencent Cloud’s AgentRuntime and security capabilities have been fully upgraded. Tencent Cloud’s overseas AI demand has seen triple-digit growth.

TREE NEWS update: STMicroelectronics has raised its 2026 AI data center revenue forecast to approximately $1.3 billion, with a 2027 target well above $2 billion. The chipmaker disclosed the updated outlook without giving further details on the drivers behind the increase.

TREE NEWS update: Alibaba Cloud officially launched its first Netherlands region in Amsterdam on October 29, its fourth new overseas region this year after Malaysia, France and Brazil. The company has added 12 overseas availability zones in 2025 and expanded data centers in Japan, South Korea and Mexico. It plans new regions in Turkey and Finland and further expansion in Malaysia, Germany, the UAE, France and Hong Kong.

TREE NEWS reports: Alphabet fell more than 10% in US premarket trading after its third-quarter results missed expectations, with free cash flow declining sharply and capital expenditure also falling short. Marvell Technology dropped over 9% while Lumentum rose over 4% on reports Marvell is in talks to acquire the data-center optical module maker, with an announcement expected as soon as next week. Microsoft gained nearly 4% after Azure revenue beat with 48% growth.

TREE NEWS update: XHEART officially announced its X7 Ultra chip, which delivers 700 TOPS of large-model computing power, at a launch event where CEO Li Zonglin outlined the company’s core “large-model-defined chip” technology roadmap. Li said that as intelligent driving shifts from multiple small models to end-to-end large models, chip design approaches must change accordingly.

TREE NEWS update: Baidu Group vice president and Baidu Research Institute deputy director Wu Tian has left the company, a Baidu PR manager confirmed on WeChat Moments. Wu stepped down as head of the foundation model R&D department in May and later moved to the research institute role. Baidu said its technical work continues to advance.

TREE NEWS reports: Alibaba Cloud held a 46.6% share of China’s large language model model-as-a-service (MaaS) market in the first half of 2026, according to IDC’s semiannual China AI software tracker published October 29. Zhipu ranked second with 10.6%, followed by Volcano Engine at 10.2%. The figures cover the first half of 2026.

TREE NEWS reports: Marvell Technology is in advanced talks to acquire optical components maker Lumentum Holdings, with a formal agreement possibly announced as early as next week, people familiar said. Lumentum’s market value is about $83 billion after its shares rose more than 360% in the past year, while Marvell is valued at about $221 billion; with a control premium, the deal could approach $90 billion to $100 billion. Marvell shares fell more than 10% after hours, while Lumentum rose over 17%.

TREE NEWS update: Shopify has extended Shop Pay to AI agents and off-platform checkouts, allowing agents to complete purchases at retailers outside Shopify without those merchants adding a new integration. Payments are made using single-use card credentials, the company said. The move lets third-party AI shopping agents transact at external stores through Shopify’s existing payment rails.

TREE NEWS reports: Dongshan Precision said its high-end optical modules and AI server PCBs are seeing strong demand as global AI compute infrastructure investment continues to rise, with downstream orders full and capacity utilization at high levels. Shipments of AI high-end optical modules are rising rapidly quarter by quarter, and 1.6T products entered volume shipment in the fourth quarter. The company also cited its in-house high-speed EML optical chip capability, saying the combined optical module and optical chip drivers are lifting the share of high-value-added products and significantly improving its profit structure.

TREE NEWS update: CFTC Chair Mike Selig said autonomous AI agents could challenge financial regulations designed around human traders, and regulators need to adapt. He made the remarks in comments that also raised the prospect of everyday devices like refrigerators staking Ether or launching memecoins. Selig did not announce any specific rulemaking or policy action.

TREE NEWS update: Agent ID registrations tied to Binance’s Agentic Wallet passed 100,000 on Oct. 26, linking on-chain agents to user accounts and opening the door to autonomous trading. Binance’s Agentic Hub now spans infrastructure, on-chain monitoring, automated execution and asset trading, including tokenized securities, prediction markets, x402 payments and DeFi operations. BSC launchpads including Flap, Four.Meme, Pathtrade, Nonce Protocol and gang.fun have rolled out Agent-themed token issuance.

TREE NEWS update: China Southern Power Grid and Huawei signed an agreement in Shenzhen on Oct. 27 to deepen strategic cooperation. The two sides will work on building a new energy system and power grid, focusing on power-carbon-computing coordination, AI applications, Power HarmonyOS and industrial ecosystem development. The partnership aims to advance the digital and intelligent development of the energy industry chain.