Flash News

TREE NEWS reports: DBS Group chief investment officer Hou Wey Fook said Nvidia’s valuation and its projected 70% earnings growth next year show AI-driven tech stocks are far from bubble territory. Nvidia’s forward 12-month price-to-earnings ratio stands at 17 times, which he compared with Cisco Systems’ roughly 100x multiple before the dot-com crash. “If the poster child of AI is Nvidia and it’s trading at only a teens multiple, how can you call this a bubble?” he said, adding semiconductor and AI investment still face tailwinds.

TREE NEWS update: Bank of Japan Deputy Governor Shinichi Uchida said AI adoption could have both positive and negative effects on productivity and the labor market. He said AI is a large positive demand shock that pushes up economic activity and prices, while possibly lifting productivity and capital accumulation on the supply side. AI has boosted share prices and eased financial conditions, but heavy bond issuance by AI-related firms is adding upward pressure to long-term rates, he said, warning of correction risk if profits do not keep pace.

TREE NEWS update: OpenAI CEO Sam Altman has staked out a position on AI risk that diverges from Anthropic PBC’s, arguing that the benefits of AI technology help justify taking on the risk. The disagreement puts the two leading AI labs on different footing over how the dangers of advanced models should be weighed against their potential gains.

TREE NEWS update: SoftBank Group leader Masayoshi Son said he is concerned about the safety risks of artificial intelligence, warning that superintelligence could become “super dangerous” in the wrong hands. Speaking Sunday at an event during the “Technology and Society” forum in Kyoto, Son said AI capabilities are growing exponentially and that countries must build mutual trust to manage the technology together. He said humanity no longer has “the luxury of fighting among ourselves.”

TREE NEWS update: President Donald Trump said US intel chief Jay Clayton will lead the new Super Intelligence Force, reporting to the president and Chief of Staff Susie Wiles. Trump announced the appointment, placing the sitting intelligence chief at the head of the SIF. No further details on the body’s mandate or start date were given.

TREE NEWS update: President Donald Trump said in a Truth Social post that Jay Clayton and Andrew Ferguson will lead a ‘superintelligence’ task force. The task force will report directly to Trump and White House Chief of Staff Susie Wiles, and will also be co-led by Emil Michael and Scott Kupor.

TREE NEWS update: Elon Musk said SpaceX is a superintelligence (SI) company and that the company will rename SpaceXAI to SpaceXSI. The remark, made in a statement, signals a branding shift for the space firm’s AI arm. No further details, timeline or financial terms were disclosed.

TREE NEWS update: CME Group plans to launch two compute futures contracts on Oct. 5, pending regulatory approval, while the CFTC is preparing to seek public comment on compute-linked futures and has sent the request to the White House Office of Management and Budget for review. ICE is also developing related products, with Silicon Data providing benchmark pricing data. Recent estimates put AI infrastructure spending at about 2% to 2.5% of US GDP this year.

TREE NEWS reports: Listed Bitcoin miners shed 75 EH/s of realized hashrate in the first half of 2026, equivalent to about $1.5 billion in mining rig investment at $20 per TH/s, as some power capacity was reallocated to AI infrastructure. Across 12 companies, asset impairments and write-downs of assets held for sale totaled roughly $1.1 billion, with IREN and Core Scientific accounting for nearly 89%. IREN alone recognized about $695 million in related impairments and write-downs from January to June 2026.

TREE NEWS update: Huobi HTX will open POD/USDT spot and grid trading at 21:00 (UTC+8) on October 4. Deposits open at 18:00 on October 4, with withdrawals from 21:00 on October 5. Dolphin is a decentralized AI inference network that aggregates idle compute from consumer GPUs to provide low-cost inference, using cryptographic signatures and verification, validator nodes, staking and random routing to ensure service quality.

TREE NEWS update: Researchers at the University of Bristol in the UK have made significant progress in developing a gene therapy for Alzheimer’s disease, the university said, a step that could offer a new approach to preventing or delaying the condition. The university announced the advance without disclosing further details of the research or a timeline for clinical development.

TREE NEWS update: US President Donald Trump has appointed Director of National Intelligence Jay Clayton as the White House’s head of artificial intelligence affairs, US officials said on the 3rd. Clayton will lead a “Superintelligence Task Force” tasked with delivering a report on AI risks and opportunities within 120 days. Under an executive order Trump signed on September 29, federal departments and agencies will refer to artificial intelligence as “superintelligence.”

TREE NEWS update: David Robinson, who says he worked at OpenAI for more than three years as one of its longest-serving employees, publicly accused the company of insufficient risk awareness after leaving. Speaking out, he called on the AI industry to adopt multiple layers of safety protection modeled on the aviation or nuclear power industries.

TREE NEWS update: South Korea’s Financial Services Commission has ordered financial institutions to complete internal security checks and report results to regulators after a series of cyberattacks caused personal data leaks across the sector. FSC Chairman Lee Eog-weon said after an emergency meeting with industry executives that initial investigations show some attacks targeted poorly monitored external websites and servers used by loan agents and employees, and that regulators cannot rule out the use of AI in the attacks.

TREE NEWS update: Apple said Friday it will introduce new privacy controls for Mac users, requiring “very explicit user action” before any app can be granted Full Disk Access to system files, mail, messages and browsing history. The iPhone maker warned that the risks tied to such broad data access “will rise substantially” as AI agents grow more capable and autonomous. Apple did not name any specific programs or developers in its statement.

TREE NEWS reports: Chainalysis said it used in-house AI to trace funds stolen in the Sept. 24 Bitget breach, a $387 million hack it attributes to North Korea, tracking the assets across four blockchains. The firm said the incident pushed North Korea’s 2026 crypto haul past $1 billion.

TREE NEWS update: Worldwideweb said cumulative fundraising across its platform’s launches has topped $300,000, with the next phase aimed at tying protocol revenue, agent compute resources and tokens more closely together. Creator fees now fund the continuous operation of its Symbients agents, which the project wants to let hold balances, allocate capital, pay for services, trade, buy back and burn their own tokens. The goal is a network of autonomous artificial lifeforms that fund and manage their own existence.

TREE NEWS update: YouTuber PewDiePie said OpenAI suspended his account twice while he was training Ajax, a small uncensored AI model designed to run on a user’s own computer. He described the suspensions in connection with the project, which he built to operate locally rather than through a hosted service.

TREE NEWS update: David Robinson, previously responsible for transparency on OpenAI’s safety team, resigned and said the ChatGPT developer “has grown by trial and error,” in an article for The Atlantic. He cited OpenAI’s failure to stop its AI from going out of control during testing as an example, and said AI companies should operate more like nuclear power plants, with multiple layers of redundancy and careful, time-consuming planning.

TREE NEWS update: Elon Musk said talks over TSMC’s potential involvement in the Terafab project are only at the discussion stage, but “could make progress.” TSMC is reportedly exploring cooperation with the SpaceX- and Tesla-backed venture and weighing Terafab as a major future customer of its Texas wafer fab. Musk responded to the reports on social media.