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10/22
13:08
NVIDIA Earth-2 Open Models Deployed Across Europe for Weather and Climate Prediction
NVIDIA has announced the widespread deployment of its Earth-2 open models across Europe, empowering developers and researchers to enhance real-world weather and climate prediction. These AI models and tools can be customized with proprietary data to support global and detailed regional forecasts, as well as environmental research.

Key applications include AXA utilizing Earth-2’s FourCastNet 3 to study regional cyclone risk by simulating over 1,000 seasons. Vaisala Xweather is integrating Earth-2 with its own observations and lightning data to improve weather intelligence platforms for various sectors. The University of Manchester has adapted the CorrDiff model for U.K. air-quality modeling, while TotalEnergies is exploring Earth-2 for solar-energy forecasting at photovoltaic sites. Space42 has also developed SARDiff4Height using CorrDiff and NVIDIA PhysicsNeMo to estimate surface heights from radar images.
12:55
SK Hynix is down 6.57% from its previous close, now trading at ₩1,209,000.
12:54
Coinbase Reports Degraded Performance for Derivatives Portfolio Transfers
12:49
Zheng Weishan, a renowned Chinese fund manager, has resigned from all his fund manager positions at Galaxy Fund due to personal reasons.
Another well-known fund manager in China's public offering fund industry, managing over 10 billion yuan, has entered a new stage in their career. Galaxy Fund announced on October 22 that Zheng Weishan resigned from his positions as fund manager for Galaxy Innovation Growth, Galaxy Harmony Life, and Galaxy Smart Link Theme due to "personal reasons." Zheng Weishan specializes in technology and growth sector investments. Prior to his departure, the total scale of products under his management reached 21.035 billion yuan. His flagship product, "Galaxy Innovation Growth," achieved a return rate of 284.87% during his tenure. Galaxy Fund stated that the investment and research handover has been completed, and the new fund managers have all been promoted from within the company's internal team, with no changes to the products' investment objectives and strategies.
12:48
Iran's IRGC claims hitting 4 ships, 3 others struck mines near Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy announced its forces struck four vessels involved in ship-to-ship oil transfers in the Gulf, causing them to catch fire. Additionally, the IRGC stated that three other vessels collided with mines west of the Strait of Hormuz. The IRGC warned that any further escalation by the US military could result in direct action against its regional bases.
12:43
CoinDesk Analysis: Bitcoin ETFs Attract $1.08 Billion in 3 Days, But Inflow Pace May Not Be Enough to Sustain Significant Gains
According to CoinDesk analysis, US spot Bitcoin ETFs have attracted $1.08 billion in the past three days, indicating a resurgence of institutional interest in cryptocurrencies. However, this inflow rate may not be sufficient to support a significant increase in Bitcoin's price. Historical data shows that during previous periods of substantial Bitcoin price appreciation, the average daily net inflow into ETFs was approximately $235 million, while the current average daily inflow (around $86 million) is significantly lower. Analysts note that for a sustained rally, the pace of capital inflows needs to remain robust.
12:38
XRP Ledger bug fix activation delayed to November after validator support briefly dipped below 80%
The activation of a critical bug fix for the XRP Ledger has been postponed to November 4, 2026, after validator support briefly fell below the required 80% threshold (29 of 35 validators). The fix, originally slated for October 23, lost its two-week countdown when support dipped to 26 of 35 validators for two hours on Wednesday. Support has since recovered to 31 of 35. The patch addresses a loophole in token creation/burning and refines the lending code for Ripple's bank-focused system.
12:32
According to SoSoValue data, US spot Bitcoin ETFs saw a net inflow of $528 million on October 21, with BlackRock's IBIT recording an inflow of $235 million. Spot Ethereum ETFs experienced a net inflow of $14.96 million, while Grayscale Ethereum Mini Trust (ETH) alone saw an inflow of $28.07 million on the same day.
12:31
The U.S. has withdrawn diplomatic personnel from Saudi Arabia and reportedly plans a new round of attacks on Iran after the midterm elections.
The U.S. State Department has ordered non-emergency government employees and their families to evacuate Saudi Arabia following Houthi attacks on Saudi airports and oil fields, escalating concerns about a widening regional conflict. According to The New York Times, citing anonymous U.S. officials, the U.S. and Israeli militaries have developed specific plans for a new wave of attacks on Iran after the midterm elections, including "short but intensive" operations targeting Iran's energy infrastructure, nuclear facilities, and missile and drone arsenals. Despite ongoing disruptions to shipping in the Strait of Hormuz, the flow of Middle Eastern oil through the strait has recovered to near pre-war levels.
12:31
Trump denies negotiating with Iran, says situation will be resolved "soon" one way or another
U.S. President Donald Trump stated that Washington has been "doing very well" militarily and financially against Tehran, describing the current conflict as "a little skirmish with Iran." When asked if he had given up on negotiations with Iran, Trump responded, "No, we're not negotiating," adding, "We'll work it out somehow, it's going to happen very quickly." He noted that most people seem to think this will occur after the midterm elections, but he emphasized, "Everything we've done with Iran is amazing."
12:30
Posco Future M adopts Palantir AI platforms to boost productivity
South Korean battery materials maker Posco Future M has partnered with US software firm Palantir Technologies to accelerate its AI-driven transformation. The company signed an agreement on Wednesday to adopt Palantir's Foundry data analytics platform and Artificial Intelligence Platform (AIP), targeting major gains in manufacturing productivity, product development and customer service.
12:28
Bank of Korea maintains benchmark interest rate at 3.00%; Governor emphasizes tightening is not over and raises economic growth forecast.
The Bank of Korea's Monetary Policy Board unanimously voted on Thursday (October 22) to keep the benchmark interest rate unchanged at 3.00%, following two consecutive 25-basis-point hikes. The Bank of Korea simultaneously raised its economic growth forecasts for this year and next, stating that growth would be "significantly higher" than its August projections. Governor Shin Hyun Song reiterated the necessity of maintaining a restrictive monetary policy stance at a press conference, warning that core inflation is expected to slightly exceed the August forecast next year, emphasizing that this pause does not signify the end of the tightening cycle. Consequently, South Korea's three-year government bond yield rose by 2 basis points to 3.84%, the Korean Won appreciated by 0.3% against the US Dollar to approximately 1323, and the KOSPI index fell by over 2%. The market widely expects the Bank of Korea to raise rates again at its November meeting.
12:26
Starbucks China is implementing a new "no purchase, no seating" policy across its stores nationwide.
Starbucks China announced that starting Thursday, its 8,000 stores nationwide will fully implement a "no purchase, no seating" policy, requiring customers to buy an item to be seated in the store. The company stated that this move aims to enhance the customer's "in-store experience" and address fierce competition from local rivals such as Luckin Coffee. Previously, reports of the policy and videos of "purchase for seating" signs posted in stores had circulated on Chinese social media. Starbucks stated last year that it would sell a 60% stake in its China business to investment firm Boyu Capital for $4 billion.
12:25
NVIDIA Deepens Collaboration with South Korean Component Manufacturers in AI Chips and Robotics
NVIDIA is expanding its collaboration with South Korean component manufacturers, according to The Korea Herald. Samsung Electro-Mechanics announced on Wednesday that it has signed a multi-year agreement with NVIDIA to supply advanced semiconductor substrates for its AI processors and networking chips. LG Innotek stated on Thursday that it is working with NVIDIA to develop sensing systems for humanoid robots.
12:19
The Nikkei 225 index is down 2.03% from its previous close, currently at 63,306.50.
12:13
Jensen Huang: China is the only country in the world capable of large-scale output across three dimensions: chip manufacturing, open-source models, and AI researcher cultivation.
NVIDIA CEO Jensen Huang stated on Wednesday that China is the only country globally capable of achieving large-scale output simultaneously across three dimensions: chip manufacturing, open-source model development, and AI researcher cultivation. He also believes that the current narrative surrounding AI and employment is "completely wrong," as AI is actually creating more jobs in various sectors such as energy, chips, infrastructure, construction, and healthcare.
12:13
Jensen Huang: DeepSeek's GPU inference monetization price of $38 per hour confirms strong AI demand, and demand is the fundamental solution to all problems.
NVIDIA CEO Jensen Huang on Wednesday responded to the astonishing inference gross profit data disclosed by DeepSeek, stating that the open-source model's GPU inference monetization price reached $38 per hour, far exceeding current market rental prices. Huang said that strong demand is the fundamental prerequisite for solving all current financing and supply problems, citing robust demand from multiple institutions including OpenAI, Anthropic, Meta, xAI, Google Gemini, DeepSeek, and Moonshot AI.
12:13
Jensen Huang: NVIDIA GPUs can last 7-8 years, far exceeding market expectations, and NVIDIA provides residual value guarantees for chip resales to help CoreWeave and others lower financing costs.
NVIDIA CEO Jensen Huang stated on Wednesday that the actual lifespan of the company's GPUs can reach seven to eight years, significantly exceeding the market's previous common assumption of four years, making them eligible as loan collateral. He also noted that NVIDIA has guaranteed the resale residual value of chips in some financing projects to help new cloud computing companies like CoreWeave reduce financing costs. Additionally, NVIDIA has launched the DSX Pod solution, which prefabricates AI factories within containers, potentially compressing deployment cycles from months to weeks and accelerating capital returns.
12:13
NVIDIA invests over $4 billion to deepen cooperation with OSAT vendors, accelerating AI chip backend capacity and CPO deployment.
Bank of America Securities reported that NVIDIA confirmed the full-scale mass production of its Vera Rubin GPUs and CPUs at the GTC conference in Berlin on October 21. NVIDIA also announced deepened cooperation with key outsourced semiconductor assembly and test (OSAT) vendors, including ASE/SPIL, KYEC, and Amkor, involving a total investment exceeding $4 billion. This initiative aims to address the packaging and testing capacity bottlenecks in AI infrastructure development.

Specific collaborations include: an agreement with ASE/SPIL to increase optical engine (OE) capacity by 15 times by mid-2027 and double it again by the end of 2028; an $1.1 billion prepayment agreement with KYEC to support its new testing facility in the United States and expansion of its Singapore operations; and a $3 billion agreement with Amkor to increase interposer capacity in South Korea by over 300% by the end of 2028. NVIDIA is also accelerating the deployment of co-packaged optics (CPO), with demand for related equipment expected to see an inflection point in 2027, and diversifying the packaging sources for Vera CPUs to ASE.
12:10
Lookonchain monitoring shows whales accumulating ETH, with three addresses withdrawing over $60M ETH from exchanges
Lookonchain monitoring shows whales accumulating ETH, with address 0x4A85 withdrawing 10,954 ETH ($26.97M) from Kraken and staking it after four months of inactivity. Address 0xdeA6 withdrew 9,000 ETH ($22.42M) from Binance and deposited it into Aave, while 0xD338 withdrew 4,500 ETH ($11.29M) from Binance 10 hours ago.
12:02
Moderna CEO Says Company Seeks China Partnerships Despite Geopolitical Tensions
Moderna CEO Stephane Bancel told Nikkei Asia that the U.S. biotechnology company, known for its COVID-19 vaccine, is "in multiple discussions in Greater China" to seek potential partnerships aimed at expanding its business into cancer and other diseases.
12:01
Samsung Electronics fell 4.03% from its previous close, now trading at ₩214,500.
11:59
SK Hynix is down 5.02% from its previous close, now trading at ₩1,229,000.
11:57
AI detected a PHP security vulnerability, leading to the suspension of websites and some online services for companies such as Japan's Sega, All Nippon Airways (ANA), and Mitsubishi UFJ Bank on Thursday.
Major Japanese companies including Sega, All Nippon Airways, and MUFG Bank suspended their websites and some online services on Thursday due to critical security vulnerabilities discovered in the PHP programming language, Nikkei Asia reported. Governments across Asia are calling for urgent security updates to address these severe flaws in the widely used programming language.
11:57
Executives from autonomous driving companies such as BYD, XPeng, and Momenta anticipate a significant turning point for L3/L4 technologies in 2028.
At the 2026 World Intelligent Connected Vehicles Conference, BYD Senior Vice President Yang Dongsheng stated that "there is hope" for restricted-scenario L3 in 2028. XPeng Chairman He Xiaopeng predicted that L4 technology would be implemented in the second half of 2028 and advocated for skipping L3. Momenta founder Cao Xudong, meanwhile, judged that 2028 could become a significant turning point for increased L3 and L4 penetration, and revealed that some clients have already designed L3 systems based on L4 architecture to reduce redundant investment.
11:56
Goldman Sachs research estimates: Hashrate giant CoreWeave faces $60 billion in capital expenditures to fulfill its $129 billion order backlog, but customer prepayments could reduce new debt requirements to $23 billion.
Goldman Sachs noted in its October 21 research report that CoreWeave, a major hashrate infrastructure provider, faces approximately $60 billion in capital expenditures to fulfill its order backlog of up to $129 billion by August 2026. The bank estimated that in an extreme scenario without customer prepayments, the company would need to raise $37 billion in new debt and $1.6 billion in cash. However, by leveraging customer prepayments (accounting for approximately 20%), CoreWeave could significantly reduce the actual new debt required to $20 billion to $23 billion. If the company further activates 4.2GW of power reserves to support potential future orders of $260 billion, it would require approximately $38 billion in new debt.

Goldman Sachs maintained its "Buy" rating on CoreWeave with a price target of $106, implying a 71.5% upside from the current share price of $61.82.
11:56
Bitcoin gave back earlier gains, falling to $82,500, as Tesla and Meta earnings failed to ease AI sector concerns.
Bitcoin briefly surpassed $84,000 and touched nearly $85,000 on Wednesday evening before retreating below $82,800 in early Asian trading on Thursday, giving back earlier gains. Mixed earnings reports from Tesla and Meta dragged Nasdaq futures lower, reigniting market doubts about the outlook for the AI sector. Tesla fell 3% in after-hours trading after lowering its capital expenditure forecast, while chip equipment maker Lam Research dropped 7% due to a weak outlook. Meta, however, rose 2% after increasing its AI spending plans, though this failed to boost overall market sentiment. Nasdaq 100 index futures fell 1.1%, and S&P 500 index futures dropped 0.5%.
11:53
Long-End US Yield Hits One-Month Low as AI Fears Fuel Haven Bid
11:48
Developers linked a $370,000 theft to a Railway secret leak. Railway has since restored its enterprise build, but customers on other plans are still awaiting redeployment.
11:43
Alibaba shares fell 6%, their biggest drop in two months, as China tightened product quality standards.
Alibaba Group Holding Ltd. shares fell as much as 6% on Thursday, marking their largest drop since August 24, as investors grew concerned about Chinese authorities' push to tighten product quality standards and enhance consumer protection. Alibaba was the biggest drag on Hong Kong's Hang Seng Index, which fell as much as 2.8%, while the Hang Seng Tech Index also dropped by up to 4.5%.

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