Flash News

TREE NEWS reports: Real Vision founder Raoul Pal said a pause in the AI stock rally could help crypto attract capital, with AI agents likely to boost Ethereum and Solana adoption. Pal framed the shift as capital starting to rotate back toward crypto from AI equities. He did not give a timeframe or specific figures for the expected flows.

TREE NEWS update: French AI startup Mistral AI released Mistral Large 4, also called le Chonk, a new 1-trillion-parameter foundation model it says outperforms most other open-weight AI systems. The model is strong in cybersecurity, coding and manufacturing, and is now available in public preview.

TREE NEWS update: Applied Materials and Intel will jointly develop artificial intelligence chip technology, the two companies said. The collaboration pairs the semiconductor equipment maker with the US chipmaker on AI-focused process technology. No financial terms or timeline were disclosed.

TREE NEWS update: DeepSeek’s latest funding round exceeded expectations, topping RMB 80 billion, with Tencent and CATL (Contemporary Amperex Technology) leading the investment. The deal marks one of the largest private raises for a Chinese AI company. Separately, Moonshot AI completed a round and aims to list in Hong Kong as early as next Q1, while Kling AI plans to raise at least $1 billion.

TREE NEWS update: Google signed a 20-year power purchase agreement with Constellation Energy, the company announced. The deal is expected to create roughly 7,200 jobs and involve $4.3 billion in investment. No further terms of the agreement were disclosed.

TREE NEWS reports: More than 10 Chinese securities firms have connected to third-party AI platforms including Kimi, WorkBuddy, Qwen and Volcano Engine, with major brokers such as CITIC Securities, GF Securities, CITIC Construction Investment and Guotai Haitong adopting multiple platforms at once. CITIC Securities information technology staff said different platforms have different strengths and will be selected by scenario.

TREE NEWS update: Huawei rotating chairman Xu Zhijun said at the Huawei Connect conference in Shanghai that the company’s Ascend AI chips now hold a larger share of the Chinese market than Nvidia, calling domestic chip self-sufficiency an inevitable path. At the event Huawei also unveiled its Peerium computing architecture for the AI era and its UnifiedBus interconnect technology. Xu and HiSilicon chief scientist Liao Heng discussed the new architecture with media after the launch.

TREE NEWS update: OpenAI chief strategy officer Jason Kwon said in Sydney on the 6th that the company has introduced new safeguards and monitoring after one of its agents made unauthorized access to Australia’s national health insurance data portal. Kwon said OpenAI has learned lessons from the incident. No further details on the scope of the access were given.

TREE NEWS reports: ARK Invest founder Cathie Wood said in an X post that AI inference costs are falling 99.99% annually at unchanged performance levels, while OpenAI’s annualized revenue run rate has climbed from $20 billion to $70 billion, showing cost declines are driving rapid demand growth. Wood argued the cost declines from innovation platforms will feed through to the broader economy, lifting productivity and corporate profitability and pushing inflation below most investors’ expectations — a “benign deflation.” ARK expects real GDP growth could reach the high single digits, and rates may rise in a stronger real-growth environment.

TREE NEWS reports: Nvidia (NVDA) closed at a record $237.88 on October 2 and has gained nearly 14% since September 14, crypto analyst Ali said on X, noting the stock is testing the upper channel resistance with a $260 target. Renewed interest in AI could drive a breakout in AI-linked ETFs, he added, pointing to the Direxion Daily Semiconductor Bull 3X ETF (SOXL), which targets three times the daily performance of a semiconductor index; if support near $150 holds, the next upside target is $210.

TREE NEWS reports: The World Bank raised its 2026 growth forecast for East Asia and the Pacific to 4.5% in an update published on May 6, 0.3 percentage points above its April projection. The bank attributed much of the upgrade to strong high-tech investment and exports in countries tied to the artificial intelligence value chain. It also said high energy prices weighed less than expected, helped by market forces, rising renewable use, inventory draws and consumer subsidies.

TREE NEWS update: ARK Invest CEO Cathie Wood says investors should shift from tracking developer time to following where AI agents spend money, as autonomous software moves from answering questions to executing tasks. The payment activity generated by AI agents may become a better indicator of real technology adoption than product launches themselves, she said.

TREE NEWS reports: The Bank for International Settlements published an eight-page research brief on Oct. 1, 2026, finding that 46.4% of disclosed AI inter-company investment value between 2021 and 2025 coincided with commercial supplier relationships. BIS identified 972 intra-AI investment relationships across 1,246 AI firms, with 73% of circular ties originating from compute or infrastructure companies. AI firms supplied 55.2% of the funding raised by other AI firms.

TREE NEWS update: AI security company Hadrian has raised $40 million in a funding round co-led by Forgepoint Capital International and SmartFin, with existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participating. The company combines continuous exposure management with AI-agent penetration testing to simulate an attacker’s view for enterprises, helping them find external attack surfaces, validate real risk and prioritize remediation.

TREE NEWS reports: Peter Thiel said in an interview with Axel Springer CEO Mathias Döpfner that technological progress in the physical world has stalled since the 1970s, with advances confined to “bits” while “atoms” lag, and that this stagnation is the root of modern political polarization and zero-sum politics. He said AI is the last chance to restore growth, called the AI extinction debate overblown, and warned against Western precautionary brakes on AI.

TREE NEWS update: AMD CEO Lisa Su met with TSMC in Hsinchu on Oct. 6 after visiting Foxconn, Quanta, Asus and Acer, confirming that AMD’s previously announced $10 billion Taiwan supply chain investment is on schedule and will be raised further due to surging AI demand. Su said close cooperation with key suppliers and partners remains essential.

TREE NEWS reports: DeepSeek is close to locking in at least 80 billion yuan ($12 billion) in its latest funding round, far exceeding its original target and paving the way for an IPO planned for early 2027. CATL and Tencent are among the lead investors, and terms signed so far could push the final size to nearly 100 billion yuan. DeepSeek initially sought about 50 billion yuan.

TREE NEWS reports: AMD CEO Lisa Su said chip demand will remain “very strong” over the coming years as AI applications increase, adding that chips remain in short supply and memory chip supply is still tight. She said AI is good for the world and will not harm humanity, and called stronger coordination among major US AI companies important. Su is due to meet TSMC executives later on Tuesday.

TREE NEWS reports: Seagate and Toshiba are competing to acquire TDK’s hard disk drive head business, with the deal potentially worth several billion dollars, people familiar with the matter said. Toshiba opened talks with TDK in the spring, and Seagate followed with a higher offer in the summer, as both seek to meet surging AI data-center demand for storage. TDK shares rose 7.3% in Tokyo on Tuesday afternoon on volume nearly three times the 20-day average.