AI
22:43
OpenAI needs to raise at least $207 billion by 2030 so it can continue to lose money
00:11
Michael Burry Calls Out Fair-Value Risk at NVIDIA After $112.5 B Buyback Claim
10:15
Job openings have decreased 32% since ChatGPT’s debut
10:11
The Financial Times has reported that Oracle's, $ORCL, $300 billion OpenAI deal is already underwater
23:52
Deutsche Bank is exploring ways to hedge its exposure to data centers
09:12
OpenAI is requesting US government support to help guarantee financing for the massive investments in AI chips and data centers it needs for expansion
09:37
China will effectively suspend implementation of additional export controls on rare earth metals and terminate investigations targeting US companies in the semiconductor supply chain
11:21
According to the Wall Street Journal: Mercor, an artificial intelligence model training startup, plans to raise $350 million at a valuation of $10 billion.
19:14
Zhu Hexin: Using artificial intelligence and big data to empower smart supervision and strengthen cross-border capital flow monitoring and early warning
Zhu Hexin, director of the State Administration of Foreign Exchange, stated at the 2025 Financial Street Forum Annual Meeting on the 27th that it is necessary to improve foreign exchange supervision and risk prevention and control capabilities under open conditions, strengthen the two-in-one management of macro-prudential and micro-regulation in the foreign exchange market, use artificial intelligence and big data to enable smart supervision, strengthen cross-border capital flow monitoring and early warning, improve the effectiveness of combating illegal and irregular activities, and effectively prevent external risk shocks, so as to provide more stability and certainty for promoting open cooperation and enhancing economic and trade resilience.
18:57
Zhu Hexin: China is unswervingly deepening reform and expanding opening up, providing stability on the supply side and a broad market on the consumer side.
On October 27, at the 2025 Financial Street Forum Annual Meeting, Zhu Hexin, Deputy Governor of the People's Bank of China and Administrator of the State Administration of Foreign Exchange, stated that China has shared development opportunities with countries around the world and made significant contributions to enhancing global economic and trade resilience and upholding global trade rules. China boasts the most comprehensive industrial sectors and the most comprehensive supporting infrastructure. By providing high-quality, Chinese-made products and stable Chinese supply, and strengthening international cooperation in industrial chains and supply chains, China has provided strong support for the smooth circulation of the global economy. China is unwaveringly deepening reform and expanding opening up, providing not only stability on the supply side but also a vast market on the consumer side. China is accelerating the development of new productivity, promoting industrial transformation, and continuously deepening international cooperation in areas such as the digital economy, artificial intelligence, and new energy. China has solemnly put forward its global governance initiative, firmly upholding the multilateral trading system with the World Trade Organization at its core, advocating for inclusive economic globalization, and providing strong support for developing countries to better participate in the global division of labor and integrate into the global trading system through the high-quality joint construction of the Belt and Road Initiative.
18:13
Agricultural Development Bank of China: 150 billion yuan of new policy financial instruments for agricultural development have been fully implemented
The reporter learned from the Agricultural Development Bank of China that since the establishment of new policy-based financial instruments for agricultural development on September 29 this year, the bank has focused on national strategies, focused on supporting the construction of major national projects, and actively supported key areas such as the digital economy, artificial intelligence, and consumption. As of October 27, 150 billion yuan of new policy-based financial instruments for agricultural development have all been implemented, with a total of 881 projects invested, which is expected to drive total project investment of more than 1.93 trillion yuan.
18:10
Barclays: Raised Intel (INTC.O) price target to $35 from $25.
16:37
Diptech's Hong Kong shares surged over 37% in the dark trading session.
Diptech, a provider of large-scale artificial intelligence (AI) applications, saw its Hong Kong stock surge over 37% in the dark trading, currently trading at HK$37. Market sources revealed that Diptech's market subscription multiple exceeded 7,590 times, involving HK$272.1 billion and 239,000 subscriptions, making it the most oversubscribed stock in the history of the Hong Kong Stock Exchange's Main Board.
14:35
Jensen Huang to deliver keynote address at GTC Washington, D.C.
NVIDIA will hold its GTC Washington, D.C. summit in Washington, D.C., from October 27th to 29th. Jensen Huang will deliver a keynote address at 12:00 PM EST on October 28th. In addition to product news, his speech will include a roadmap for how AI will reshape industry, infrastructure, and the public sector.
10:37
OECD Secretary-General: Artificial intelligence will increase labor productivity in major countries by 0.2 to 0.4 percentage points each year.
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