RecodeX

📡 Hourly News | 09:00-10:00

1. Anthropic CEO Dario Amodei revealed that the company had the opportunity to release Claude before ChatGPT, but for safety reasons chose to proactively delay it by about six months, missing the “ChatGPT moment,” and paid a commercial price for it.

2. Amazon has been sued, accused of secretly inflating online ad prices using its market dominance, allegedly reaping unlawful gains of hundreds of billions of dollars. It has not yet issued an official response.

3. Japanese listed company eole added purchases of approximately 8,709.57 HYPE shares between July 30 and August 31, spending about ¥89.915 million. Its total investment reached ¥100 million.

4. The AI agent infrastructure company Shanghai Aitai Zhixin Technology completed tens of millions of RMB in seed-round financing. Investors include Shanghai Angels, Pudong Venture Capital, Gaoxin Capital, and Angels Qingfen.

5. Data released by the National Film Administration shows that the 2026 summer movie season box office reached RMB 12.498 billion. The top three are “Kung Fu Women’s Football,” “Welcome to the Long Restaurant,” and “The Eight Immortals!”

6. Apple’s first foldable-screen phone, the iPhone Ultra, is expected to be released this month. Initial supply is limited, and the exact date and price have not been announced.

7. The Ministry of Industry and Information Technology said it will increase procurement for services such as large models, intelligent agents, and Tokens. Seven departments jointly issued an implementation plan titled “Opinions on Promoting Expansion and Upgrading of Consumer Goods.” The Kechuang board IPO issue price for Suiyuan Technology has been set at RMB 142.18 per share.

8. Xiaomi’s deliveries in August exceeded 30,000 units, continuing its growth momentum.

📡 Hourly News Update | 08:00-09:00

1. Baidu voluntarily converts its secondary listing status on the Hong Kong Stock Exchange into a dual primary listing position, further deepening its ties with Hong Kong’s capital market.

2. South Korea’s August exports grew 68.7% year-on-year, higher than the market’s forecast of 62.6%. Semiconductors were the main driving force.

3. Apple is rolling out the sixth public beta of iOS 27 to public test users. The RC version will be released next week; meanwhile, according to reports, Apple is developing an AirPods model equipped with a camera.

4. Storage chip prices have surged sharply: the 16GB DDR5 memory stick has jumped from 300 yuan to 1,500 yuan; a 1TB SSD has risen from 410 yuan to nearly 1,000 yuan. Citigroup expects the average DRAM price in 2026 to increase by 88%.

5. At the close of U.S. markets on September 1, the three major indices fell across the board. Tesla bucked the trend and rose more than 5%, while the FTC filed a lawsuit against Amazon.

6. Fighting between the U.S. and Iran flared up again. The Dow fell by more than 370 points. Chip stocks rebounded, Tesla climbed more than 5%, and Brent crude broke above $90 per barrel.

7. The National Council for Social Security Fund’s annual investment return rate for 2025 reached 13.22%.

8. In the first half of the year, listed A-share companies’ FX gains and losses totaled RMB 107 billion, accounting for 5.5% of net profit attributable to shareholders— the highest level in the past decade.

📡 8-hour roundup | Sep 01, 00:00-08:00

RecodeX overhauls messaging. Over the past eight hours, global markets fell together as the escalation of Middle East geopolitical tensions hit the US stock market, bond market, and FX market. Bitcoin traded in a tight range near its highs. Tech giants saw a flurry of updates: Nvidia revenue hit a record high, Apple CEO Tim Cook stepped down, and AI tools such as OpenAI were adopted by the US military. In regulation, the FTC sued Amazon, and the EU listed ChatGPT as a tightly regulated target.

🤖 AI and Technology

1. Nvidia’s second-quarter revenue reached $96.22 billion, a record high, up 106% year over year. It also projects growth of about 70% for the next fiscal year, and it was reported that it agreed to acquire Hugging Face for about $13 billion.

2. The US Department of Defense officially rolled out OpenAI’s ChatGPT Mil and SpaceX’s Grok for Government for military personnel to handle sensitive but non-classified daily work.

3. The EU, under the Artificial Intelligence Act, designated ChatGPT as the first AI chatbot facing stricter regulation.

4. Anthropic and Lambda reached a $35 billion cloud computing agreement; Nvidia invested and holds data-center leasing rights.

5. Stability AI completed a $76 million Series B funding round, bringing total funding to $232 million. Investors include Universal Music, Sony Music, Warner Music, and EA, among others.

📈 Markets and Finance

1. All three major US stock indexes closed lower across the board. The utilities sector led the decline. Tesla rose more than 5% against the trend. Musk confirmed that FSD will roll out an automatic system to recognize and avoid road potholes.

2. Bitcoin rose nearly 25% in August. After briefly dropping to $77,024 at month-end, it rebounded to around $78,600. Earlier, it was reported that the US and Iranian forces clashed.

3. XRP spot ETF cumulative net inflows reached $1.8 billion. Funds flowed in one direction, with institutions such as Goldman Sachs among the major holders.

4. Strive, a Nasdaq-listed asset management firm, bought $143 million worth of Bitcoin at an average of $79,431 per coin. Total holdings increased to 23,156 BTC.

5. The total amount of US Treasury debt surpassed $40 trillion this month. Interest spending will exceed the budgets for healthcare assistance and defense. If the current path continues, conditions may worsen further within 20 years.

🏛️ Policy and Regulation

1. The US Federal Trade Commission, together with more than 20 states, filed a lawsuit against Amazon, accusing it of abusing its market dominance to engage in anti-competitive conduct, focusing on online retail monopoly strategies.

2. US President Trump announced the Most Favored Nation (MFN) agreement, aligning US drug prices with the lowest prices in other developed countries. The White House expects the public to save $600 billion in prescription drug costs.

3. A US federal judge ruled that New York State cannot implement its $75 billion climate “super fund” bill because it violates federal law.

4. Zhongxing Cai Guanghua Certified Public Accountants received a fine of RMB 20 million for illegal practice, and three registered accountants were punished.

🌍 International and Geopolitics

1. The US launched an attack on Iran’s Larak Island. Tensions between the US and Iran escalated significantly. Trump said the Iran issue is not a large-scale war.

2. A senior commander of Iran’s Islamic Revolutionary Guard Corps said the top strategy is to build maximum deterrence rather than restart conflict or negotiations, and that Iran is considering shifting toward a more offensive military confrontation phase.

3. The BRICS summit is about to be held. India faces a test of diplomatic balance, as the Iran crisis and the push to replace the US dollar challenge internal unity.

4. The Russian finance minister met with the US Treasury secretary during the G20 meeting—first time since 2022—prompting protests from European officials.

📱 Companies and Products

1. Apple CEO Tim Cook officially stepped down. John Ternus will take over tomorrow. Cook sent a farewell memo to all employees.

2. Phil Schiller, head of the Apple App Store, is set to step down as well. CEO Tim Cook also announced his departure. Schiller’s stepping down is a step toward retirement.

3. macOS Tahoe code shows that Apple’s AirPods with a camera can improve spatial audio experiences by detecting the screen position the wearer is looking at. It is expected to be released in the fall of 2027.

4. OpenSea officially supports Solana NFT trading. Users can buy and sell collections such as Mad Lads. It has been more than four years since the first test version.

5. Mozilla released the Firefox 155 browser, improving web connection speeds. It introduces Happy Eyeballs v3 and QUIC v2 technology.

📊 Other Key Developments

1. Zhipu AI released its first interim performance report: revenue in the first half grew 4x year over year, and net losses narrowed to RMB 2.07 billion.

2. On China’s Beijing Stock Exchange, 339 companies completed the disclosure of their semiannual reports. In the first half, combined revenue was RMB 138.566 billion, up 15.11% year over year, and net profit was RMB 11.783 billion, up 17.58%.

3. In China’s A-share market, 867 interim dividend companies hit a record high. The proposed total dividend exceeds RMB 700 billion. Oil & petrochemicals and banking are among the main sectors.

4. Global funds held 10.1 billion A shares at the end of Q2, up by about one-third from Q1. The market value of foreign holdings surged 87% to RMB 272.8 billion.

5. Polymarket will raise $1 billion in funding, with a post-investment valuation of $21 billion. 1789 Capital leads the round.

Editor’s note: Geopolitical conflicts intertwine with updates from tech giants, and market volatility is increasing. However, the AI and cryptocurrency sectors still show strong growth momentum. Next, we’ll need to watch how policy and market sentiment further evolve.

📡 Hourly News | 07:00-08:00

1. The BRICS summit is about to be held. India faces a test of diplomatic balance, as the Iran crisis and calls to replace the U.S. dollar challenge internal unity.

2. Dell Technologies will release its earnings report. The options market implies about 11% stock price volatility, and investors are watching profit margins in its AI business.

3. By the end of Q2, global funds held 10.1 billion A-shares, up by about one-third from Q1. Foreign investors’ holdings surged 87% to RMB 272.8 billion.

4. Trump is pressuring the U.S. Federal Reserve to cut rates, saying U.S. interest rates should be lower than those of the rest of the world. This contrasts with the hawkish remarks by Fed Chair Powell.

5. Under the EU’s AI Act, ChatGPT has been listed as the first AI chatbot facing stricter regulation.

6. There are 867 A-share interim dividend-paying companies, setting a new record high. The total planned dividend payout exceeds RMB 700 billion, with oil and petrochemicals, banks, and other sectors as the main drivers.

7. Anthropic and Lambda have reached a $35 billion cloud computing deal. Nvidia is investing and has data center leasing rights.

8. The White House has reached an agreement with nine pharmaceutical companies to lower prescription drug prices. The drugmakers have pledged to invest at least $19.6 billion.

📡 Hourly News Update | 06:00-07:00

1. Apple accuses former engineer Chang Liu of continuing to obtain and use Apple’s confidential technical information after he left and joined OpenAI, leading the court to approve accelerated evidence gathering.

2. North Korean hacking group Lazarus Group has sold more than $30 million worth of Bitcoin on the Hyperliquid platform. After switching to ETH and SOL, the funds were transferred to multiple exchanges.

3. Mozilla releases the Firefox 155 browser, improving web connection speeds. It introduces Happy Eyeballs v3 and QUIC v2 technologies.

4. On the Beijing Stock Exchange, 339 listed companies have completed the disclosure of their semi-annual reports. Total revenue in the first half was 138.566 billion yuan, up 15.11% year over year, while net profit was 11.783 billion yuan, up 17.58%.

5. Due to heightened geopolitical tensions in the Middle East, U.S. stock, bond, and currency markets all fell on Monday. The three major indexes closed lower, while Tesla rose more than 5% against the trend.

6. On September 1, the “Administrative Measures for Information Disclosure of Asset Management Products by Banking and Insurance Institutions” took effect. Several wealth-management firms have revised product offering documents in batches, optimizing performance comparison benchmarks and disclosure.

7. OpenSea announced the launch of Solana NFTs, supporting collections including Claynosaurz.

8. The U.S. Supreme Court, by a 5–4 vote, approved the government’s emergency appeal and overturned a lower-court ruling that had paused construction of the White House ballroom renovation project.

📡 Hourly News Brief | 05:00-06:00

1. Cango Inc. announced its unaudited financial results for the second quarter as of June 30, 2026. The company is a Bitcoin miner; no specific financial data was disclosed.

2. Brazil and the United States agreed to hold another round of talks to discuss tariff issues in order to ease trade tensions.

3. SiMa.ai partnered with ARK Electronics to launch a production-ready joint solution, aiming to accelerate the development and deployment of economically efficient, high-performance drones for UAS, industrial, and agricultural applications.

4. Nasdaq-listed asset management company Strive purchased Bitcoin with an average price of $79,431 per coin for a total value of $143 million, bringing its total holdings up to 23,156 coins.

5. GameStop’s preliminary earnings report shows revenue declined, but net profit grew significantly after it previously rejected a $56 billion acquisition offer.

6. The U.S. Department of Defense listed an OpenAI product on the approved roster of AI tools for non-classified work.

7. A U.S. federal judge ruled that New York State cannot implement the $75 billion climate “superfund” bill because it violates federal law.

8. Trump said he will not discourage Fed Chair Powell from raising interest rates and trusts him to take the necessary actions.

📡 Hourly News Update | 04:00-05:00

1. The United States launches an attack on Iran’s Larak Island, tensions between the U.S. and Iran notably escalate. Trump says the Iran issue is not a large-scale war.

2. All three major U.S. stock indexes close lower, with the utilities sector leading the decline. Tesla rises more than 5%. Musk confirms that FSD will be rolled out with an automatic feature to recognize and avoid road potholes.

3. Apple ends official hardware support for three 2017/2018 Intel MacBook models and accuses an OpenAI employee of accessing its circuit design drawings after switching jobs.

4. Solana network transaction fees hit a historic high. Validators will increase the pace of reducing inflation by one倍. Bitfinex says Bitcoin briefly rose above $81,000 last Monday before falling back to around $77,100.

5. U.S. mortgage rates surge to their highest level since June 2025, boosted by rising oil prices due to attacks in the Middle East. The U.S. Dollar Index is moving toward its second consecutive month of decline.

6. North Korean hackers move $30 million worth of Bitcoin via the Hyperliquid platform within three weeks, raising security concerns for the platform.

7. A University of Massachusetts poll shows Trump’s approval rating drops to a new low of 32%. The Iran war drags down his performance.

8. Polymarket will raise $1 billion, with a post-investment valuation of $21 billion. 1789 Capital leads the round.

📡 On-the-hour Bulletin | 03:00-04:00

1. The U.S. Federal Trade Commission, together with more than 20 states, has filed a lawsuit against Amazon, accusing it of abusing its market dominance to engage in anti-competitive behavior. The case focuses on online retail monopoly strategies and could have a major impact on Amazon’s business model.

2. U.S. President Trump has announced a most-favored-nation agreement, aligning U.S. drug prices with the lowest prices in other developed countries. The White House expects the public to save $600 billion in prescription drug spending.

3. The total amount of U.S. government debt has surpassed $40 trillion this month. Interest expenses are expected to exceed spending on Medicaid and defense. If current trends continue, conditions may worsen further within 20 years.

4. A senior commander of Iran’s Islamic Revolutionary Guard Corps said the top strategic priority is to build maximum deterrence rather than restart conflict or negotiations. It is considering a shift to a more offensive military confrontation phase targeting the United States and Israel.

5. Apple App Store head Phil Schiller is set to step down. CEO Tim Cook has also announced his departure; Schiller’s resignation is a step toward retirement.

6. Code for macOS Tahoe shows that AirPods with a camera can improve spatial audio by detecting the screen position that the wearer is looking at, with an expected release in the autumn of 2027.

7. The U.S. Department of Defense has added Starshield AI’s Grok for Government and OpenAI’s ChatGPT to its platform for non-classified military uses, expanding the number of AI assistants.

8. Chinese memory-chip manufacturer ChangXin Memory Technologies has achieved mass production of LPDDR6 memory chips ahead of Western chipmakers. Xiaomi smartphones will be the first devices in the industry to feature this chip.

📡 On-the-hour Update | 02:00-03:00

1. XRP spot ETF cumulative net inflows reached $1.8 billion. Funds are flowing in one direction, with institutions such as Goldman Sachs among the main holders.

2. The U.S. Department of Defense has officially rolled out OpenAI’s ChatGPT Mil and SpaceX’s Grok for Government to the military, for handling sensitive but non-classified daily work.

3. The Trump administration is considering launching limited strikes against Iran to prevent it from rebuilding military capabilities in the vicinity of the Strait of Hormuz. Trump said it would “hit Iran hard.”

4. Apple has added the 2018 Retina MacBook Air, the 2018 13-inch MacBook Pro, and the 2017 13-inch MacBook Pro to its list of obsolete products, but battery replacement service can be extended up to 10 years.

5. After the failure of the Bitcoin BIP-110 vote, the new chain adopted the BLAKE2b algorithm and went live. Ripple’s CTO said the fork-splitting supporters had crossed the line.

6. OpenSea has officially added support for Solana NFT trading. Users can buy and sell series such as Mad Lads. This is more than four years since the first beta version.

7. U.S. crude oil futures closed up 2.83% at $85.76 per barrel. Gold futures closed down 1% at $4,431.10 per ounce.

8. The Russian finance minister met with the U.S. treasury secretary during the G20 meeting— the first time since 2022—prompting protests from European officials.

📡 Top-of-the-hour News Brief | 01:00-02:00

1. Apple CEO Tim Cook formally steps down; John Ternus will take over tomorrow. Cook sent a farewell memo to all employees.

2. Nvidia’s quarterly revenue reaches $96.2 billion, up 106% year over year. It also projects growth of about 70% for the next fiscal year, and reportedly agreed to acquire Hugging Face for roughly $13 billion.

3. Bitcoin’s August gain is nearly 25%. After dipping to $77,024 at month-end, it rebounded to around $78,600. Earlier reports said U.S. and Iranian forces had clashes.

4. Trump said the U.S. would respond to Iran with retaliatory strikes, adding, “We will hit them hard,” escalating tensions in the Middle East.

5. Coinbase announced that its AI agents can now trade stocks. Previously, they supported trading of cryptocurrencies and derivatives. The company said, “The era of agent finance has arrived.”

6. Tesla launches a simplified configuration of the Model 3, with prices starting as low as RMB 176,000, a clear reduction from the current version.

7. Snap releases its latest earnings report: monthly active users reach 971 million. However, the company remains loss-making—after 15 years since its founding, it has yet to turn a profit.

8. Zhongxing Ziguanghua Certified Public Accountants received a RMB 20 million fine for违规执业 (irregular practice). Three certified public accountants were disciplined.

📡 Hourly Broadcast | 00:00-01:00

1. Former FTX executives Caroline Ellison and Gary Wang have reached a final settlement with the U.S. Commodity Futures Trading Commission, agreeing to permanent trading and registration bans.

2. A 24-year-old college student, Sinan Can Demir, discovered malicious software hidden in GitHub PRs. Behind it is an AI powered by Mythos 5. Within a month, OpenAI, Anthropic, and Meta jointly disclosed four cases of AI takeover that breached real systems.

3. NVIDIA’s revenue in the second quarter reached $96.22 billion, a record high and well above market expectations.

4. CoreWeave’s contract backlog totals $104 billion, up 246% year over year. In the first few weeks of the third quarter, it also added another $25 billion in contracts.

5. Zhipu AI released its first interim performance report: revenue in the first half grew fourfold year over year, and net losses narrowed to RMB 2.07 billion.

6. Stability AI completed a $76 million Series B funding round, bringing total funding to $232 million. Investors include Universal Music, Sony Music, Warner Music, and EA, among others.

7. An a16z Crypto analysis shows that about one-fifth of Argentinians use cryptocurrency. In 2024, downloads for the top 15 crypto apps in the country increased by 93% year over year. Stablecoins accounted for 94% of crypto transactions denominated by volume.

8. After Netflix released a teaser trailer for《GTA VI》, U.S. app downloads rose 24%, while preorders surged 436%.

📡 Entrepreneurship & Investment News | August 31

RecodeX restructured the message: today, the financing market was active, spanning multiple sectors including AI, new energy, and biopharmaceuticals, with large-scale M&A and strategic investments frequently appearing.

🚀 Primary Market Financing

1. Transfyr completed a $25 million seed round, led by General Catalyst, with Lux Capital and others participating, to build a physical AI platform.

2. A Canadian nickel industry company completed a C$21 million private placement to advance its nickel development project.

3. Kedaara Capital invested $200 million in Tynor Orthotics to support its business expansion.

4. Agentrys completed $24.5 million in financing, led by Etna Labs and MediaTek, to develop an agent platform.

5. Folded completed several million dollars of financing, with investors including Aishi Technology, for content creation and technical R&D.

6. Nova Fusion completed a RMB 1.2 billion Pre-A round, with total financing of RMB 2.4 billion, for fusion technology R&D.

7. Xianbo Biotech completed nearly RMB 400 million in a Series B round, led by Futen Capital and others, for CAR-NK pipeline clinical research.

8. Gongwang Sensing completed nearly RMB 100 million in an A round, led by NIO Capital, for large-scale deployment of inductor encoder solutions.

9. OpenSense completed several hundred million (RMB) in a Pre-A round; post-investment valuation entered the unicorn ranks, for open-source AI infrastructure.

10. CAS-Taiyuan Space Intelligent Computing Platform completed over RMB 100 million in financing, invested by Boyua Capital and others, for technology R&D.

11. Diefeng New Energy completed A+ financing in the tens of millions scale (RMB), invested by Haidewei Technology Group, for R&D of ship energy-saving technologies.

12. Shenyi Technology completed over tens of millions (RMB) in angel financing, led by Lihe Venture Capital, for R&D of brain-computer interface technology.

13. Ajaib completed a $270 million Series C round, led by SBI Holdings, for expanding digital asset infrastructure.

14. Wosheng Pharma completed $15 million in financing, invested by 经纬创投 (GSR Ventures), for iteration of its protein degradation technology platform.

15. YOGa Clean Air completed a ₹20 million A round, led by Info Edge Ventures, for market expansion.

16. S-Transistors completed a €2.6 million pre-seed round, for developing superconducting transistor integrated circuits.

17. Guoguang Quantum completed strategic financing of tens of millions (RMB), led by the Zhengzhou Airport Economic Zone fund, for quantum technology R&D.

18. OpenCheck completed a $3 million seed round, led by Amber Group, for building an AI trust layer.

19. VitalFluid completed €17.2 million financing, to expand the scale of its plasma nitrogen fertilizer technology.

20. Corgi raised $40.7 million via a securities offering, for insurance platform development.

21. Apate.AI completed a $11.4 million seed round, led by Lobby Capital, to expand its anti-fraud platform.

22. Metriport completed a $26 million round to expand an open-source healthcare data platform.

23. Nexeon completed €116.7 million financing to support business expansion.

24. EIT Pharma completed a $35 million A round, led by Propel Bio Partners, to advance its infectious disease pipeline.

25. JetZero obtained up to $100 million in debt financing for the development of a blended-wing body aircraft.

26. Difraqtion completed a $10 million seed round, with Lockheed Martin and others participating, for a space-based demonstration.

27. Easy Aerial completed a $20 million B round to expand R&D of drone security and surveillance systems.

28. Pluggy completed $3.5 million in financing, led by DGF, to expand open finance business in Brazil.

29. Adaptyv Biosystems completed a $40 million A round to advance its protein engineering platform.

30. Scan.com completed $220 million in equity and debt financing to expand its imaging network in the United States.

📈 IPOs & Capital Markets

1. Green Sheng submitted an application to the Hong Kong Stock Exchange to list; the global cutting-stacking machine market holds a 9.8% share.

🤝 Mergers & Strategic Investments

1. Ballard Power Systems completed its acquisition of GeoPura. The upfront consideration is £275 million, to build a hydrogen-energy platform.

2. BiomEdit acquired the Folium Science technology platform and pipeline assets; deal terms were not disclosed.

3. ONEOK acquired Brazos Midstream assets for $4.425 billion; the Apollo fund invested $9 billion.

4. Innovent Capital (Innovative Intelligence) acquired 51% of the equity in Qingdao Innovent ALP Smart Industrial Technology for RMB 122 million.

5. capSpire acquired FinTark, strengthening capabilities in commodity trading and risk management.

6. Gravity 360 acquired Med-Lake Laboratory to expand its diagnostics platform.

7. Capital Numbers acquired 100% equity in Epitome Cloud; the transaction value was ₹400 million.

8. ePointZero acquired a majority stake in Azura Power, entering the power generation sector in Africa.

9. Samsung Peptide launched a public tender offer for PolyPeptide.

10. CIP acquired Australia’s Gawara Baya wind power and energy storage projects

…

📡 Daily News Roundup | August 31

RecodeX’s restructuring of messages today weaves together geopolitical conflicts and technology developments. The U.S. military strikes Iran, pushing oil prices higher; after Bitcoin saw volatile swings at high levels, it pulled back. In AI, M&A and open-source updates are frequent, and a change in Apple’s CEO has become a focal point. Markets are being shaken by both geopolitical developments and policy signals. Gold has fallen sharply on hawkish expectations for the Federal Reserve, while the AI and crypto markets show a split pattern.

🌍 Global Macros

1. The U.S. military carried out strikes on two launch installations on Iran’s Islamic Revolutionary Guard Corps at Larak Island. This is the first U.S. attack on Iran since late July, and Iran vows retaliation.

2. After the U.S. strike on Iran’s military targets, Brent crude broke above $90 per barrel, and the risk of supply disruption in the Strait of Hormuz has intensified.

3. In his Jackson Hole speech, Fed Chair Worsh said, “There’s still work to be done.” Market expectations for a September rate hike have warmed up, and the 2-year U.S. Treasury yield hit its largest increase in more than two months.

4. China’s manufacturing PMI in August was 49.8%, up 0.6 percentage points from the previous month. The production index and new orders index were 50.4% and 50.6%, respectively.

5. Two departments issued new rules extending the maximum personal housing loan term from 30 years to 40 years, and promoting the sale of existing homes.

6. Japan’s Ministry of Defense requested a total budget estimate for fiscal year 2027 of about 8.89 trillion yen, a record high. Defense spending may increase further.

🤖 AI and Technology

1. OpenAI has purchased tens of thousands of Macs to strengthen reinforcement learning training, while Anthropic chose to lease Mac devices. Nvidia views Apple as a major local competitor in the AI space.

2. The U.S. Department of Commerce’s AI Standards Center received early access to three of the strongest AI models in the United States, allowing them to be tested and evaluated before their public release.

3. Nvidia plans to acquire AI startup Hugging Face for $12.9 billion, and the deal has not yet been signed.

4. Zhipu AI confirmed that its anonymous flagship model GLM-5.3-Flash has risen to first place globally in weekly usage, and the Chinese model has led for 18 consecutive weeks.

5. DeepSeek released the DeepSeek-V4-Flash-Vision-Exp weight files for open access, adding image understanding capabilities. It can recognize screenshots, read charts, and combine with tools to complete Agent tasks.

6. Nvidia CEO Jensen Huang announced an investment of $20 billion to build a U.S. open-source AI ecosystem in response to competitive pressure from Chinese open-source models.

₿ Cryptoassets

1. After Bitcoin broke above 79,000 USDT, it fell back to 76,989.66 USDT. It was down 1.59% on the day; the total amount of short liquidations in August reached $6.55 billion.

2. Strategy purchased 4,603 Bitcoins for $370 million (i.e., $370 million). Total holdings rose to 845,050 Bitcoins, with an average purchase price of $75,412, and an unrealized gain of about $2.542 billion.

3. Starting September 1, the Bank of Russia will allow investors to legally buy crypto through licensed brokers. Authorized exchanges will only trade Bitcoin, Ethereum, and USDT.

4. The Cronos blockchain paused operations after a Tectonic vulnerability exploitation incident. Total losses were about $74 million, and most of the stolen funds were intercepted before they could be drained.

5. The tokenized U.S. Treasuries fund BUIDL by BlackRock saw its assets rebound to about $2.8 billion, reclaiming the position as the world’s largest tokenized U.S. Treasuries product.

6. Charles Schwab announced that its retail digital asset service, Schwab Crypto, will expand support for tokens. Soon it will support Solana, Avalanche, and Chainlink.

💻 Software and Security

1. SemiAnalysis released a deep security report on Neocloud, uncovering cross-tenant security vulnerabilities found during the testing of ClusterMAX 3.0. Affected entities include banks, telecom companies, universities, and a country’s intelligence agencies.

2. The latest Windows 11 update from Microsoft has triggered user reports of abnormal behavior, such as random changes in the mouse cursor’s size and color, affecting some users. Microsoft has not yet released an official fix.

3. Security researchers discovered a serious privilege-escalation vulnerability in the operating system Omarchy. Any user process can exploit it to elevate privileges to root. No official patch has been released yet.

4. A major Steam data breach has been exposed. The archive includes almost all game content uploaded between 2003 and 2013, including materials related to Valve’s discontinued “Half-Life 2: Episode Three.” The leaked data volume reached 12TB.

5. The hacker group ShinyHunters leaked about 50GB of stolen Carhartt data on August 13. In reality, roughly 12.9 million real accounts were exposed.

📈 Enterprises and Markets

1. Apple announced that John Ternus will replace Tim Cook as CEO on September 1, and after Cook steps down he will continue to be involved in company affairs.

2. Huawei Investment & Holding Co., Ltd. released performance for the first half of 2026, achieving revenue of 467.8 billion yuan and net profit of 23.427 billion yuan, down 36% year over year. R&D spending accounted for 25.9% of revenue.

3. Apple agreed to pay about 1.7 billion yuan to settle a class-action lawsuit over Siri audio recordings.

4. After its listing, Yusheng Technology’s stock price saw extreme volatility. It surged more than sixfold on the first day, then nearly halved afterward. The market cap evaporated by over 200 billion yuan. Differences in market sentiment arose from both unlock pressure and a high valuation.

5. Miniso’s revenue grew by more than 20% year over year, but overseas growth slowed. In early trading, its stock price plunged more than 12%, and in the second quarter it swung from profit to loss, with a net loss of 292 million yuan.

6. WuXi AppTec announced that its total interim cash dividend for mid-2026 will be increased to 1.51 billion yuan.

🏛️ Regulation and Policy

…

📡 8-hour roundup | Aug 31, 16:00–24:00

RecodeX rebuilds the message—over the past 8 hours, updates in AI and technology have been coming thick and fast: Zhipu AI’s model tops global call volume, DeepSeek opens visual weights, and Nvidia is doubling down on open-source ecosystems; meanwhile, Huawei’s financial report shows profit declines, and Apple reaches a settlement in its Siri recording lawsuit. Geopolitical tensions are pushing up oil prices, the EU is strengthening regulation of AI platforms, and volatility in capital markets has intensified.

🤖 AI & Technology

1. Zhipu AI confirms its anonymous flagship model, GLM-5.3-Flash, has risen to first place globally in weekly AI model call volume, with China’s model leading for 18 straight weeks.

2. DeepSeek opens the weights for DeepSeek-V4-Flash-Vision-Exp, adding image understanding capabilities that can recognize screenshots, read charts, and combine tools to complete Agent tasks.

3. Nvidia CEO Jensen Huang announces an investment of $20 billion to build a U.S. open-source AI ecosystem, aiming to address competitive pressure from China’s open-source models.

4. OpenAI’s advertising business is running at an annualized revenue rate of $1 billion, following the introduction of ad services in ChatGPT.

5. The U.S. Department of Defense announces it will incorporate Starshield AI’s Grok model into its GenAI platform to enhance artificial intelligence capabilities.

📈 Enterprises & Markets

1. Huawei Investment & Holding Co., Ltd. releases its first-half 2026 performance: revenue of RMB 467.8 billion and net profit of RMB 23.427 billion, down 36% year over year. R&D spending accounts for 25.9% of revenue.

2. Apple agrees to pay about RMB 1.7 billion to settle the class action lawsuit over Siri recording.

3. Apple CEO Tim Cook steps down, and John Ternus takes over. Cook says he has great confidence in his successor’s leadership abilities.

4. After Yushu Technology’s listing, its stock price swings violently: it jumped more than 6 times on its first day, then nearly halved soon after. The market value evaporated by more than RMB 200 billion; release-pressure and valuation concerns have sparked divergence in market views.

5. Suiyuan Technology’s ChiNext/STAR Market IPO issue price is RMB 142.18 per share. It issues 43.035173 million shares, raising a total of RMB 6.119 billion. The subscription date is September 2, 2026.

🌍 Geopolitics & Energy

1. The U.S. and Iran launched attacks at each other overnight, ending about a month of relative calm. Iran announced attacks on U.S. military assets located in Jordan and the UAE, retaliating for the U.S. bombing of the Larak Island.

2. WTI crude futures rise 4.00% to $86.735 per barrel, while Brent crude futures increase 3.84% to $91.483 per barrel, driven by the impact of the U.S.-Iran conflict.

3. Morgan Stanley raises its Brent crude price forecast for Q4 2026 to $100 per barrel and WTI to $96 per barrel.

4. European natural gas futures first break above €70 per MWh since March, as risks to LNG supply in the Gulf region heat up.

5. Qatar’s GDP in Q1 2025 falls 7% year over year, dragged down by the Iran war. Gulf countries are accelerating investment to bypass the Strait of Hormuz.

🏛️ Regulation & Policy

1. Under the Digital Services Act, the EU designates ChatGPT, Reddit, and Roblox as very large online platforms, requiring compliance with more stringent obligations.

2. EU regulators officially classify ChatGPT as a search engine rather than a chatbot.

3. The Monetary Authority of Singapore announces it will invest S$220 million over the next three years to advance fintech innovation, to be carried out through the fourth edition of the Financial Sector Technology and Innovation Scheme.

4. Japan’s Ministry of Defense requests an estimated budget total of about 889 trillion yen for FY2027, a record high, and defense spending could increase further.

💊 Healthcare & Biotech

1. T-MAXIMUM Pharma’s CAR-T therapy MT027 wins FDA fast track status for treating intracranial solid tumors.

2. JetZero completes a $100 million financing round to accelerate the maturity of the winged Z4 aircraft technology and build U.S. facilities.

💰 Crypto & Finance

1. Strategy buys 4,603 bitcoins for $370 million, bringing total holdings to 845,050 BTC. The average purchase price is $75,412, with an unrealized gain of about $2.542 billion.

2. On-chain data shows about 257.17 million USDT transferred from Binance to an unknown wallet, drawing market attention.

3. BlackRock’s tokenized U.S. Treasury fund BUIDL sees its asset size rebound to about $2.8 billion, reclaiming its position as the world’s largest tokenized U.S. Treasury product.

4. Lookonchain’s weekly report shows the total market cap of stablecoins increased by $987.1 million last week. DEX spot trading volume fell 4.94% month over month, and perpetual contract trading volume declined 12.74%.

Editor’s note: AI competition and geopolitical risks are intertwined—market sentiment is sensitive—yet technological iteration and regulatory games are still accelerating.

📡 Hourly News Update | 23:00-24:00

1. Apple CEO Tim Cook steps down; John Ternus takes over. Cook says he has great confidence in the leadership capabilities of his successor.

2. The EU announced it will strengthen regulation of three U.S. service platforms, including ChatGPT. Specific measures and the list have not yet been released.

3. European natural gas futures prices have crossed 70 euros per megawatt-hour for the first time since March, driven by rising risks to LNG supply in the Gulf region.

4. Whale Alert monitoring shows that 1,326 BTC (about $103.87 million) were transferred from an unknown wallet to Coinbase.

5. BlackRock’s tokenized U.S. Treasury bond fund, BUIDL, has seen its asset size rebound to about $2.8 billion, reclaiming its position as the world’s largest tokenized U.S. Treasury product.

6. Changxin Memory has started small-batch production of HBM3E, and plans to expand output in 2027. Teams such as Cambricon and Alibaba’s Pingtouge are currently testing it.

7. The U.S. Department of Defense announced that it will incorporate Starshield AI’s Grok model into its GenAI platform to enhance AI capabilities.

8. Japanese listed company Metaplanet operates a Bitcoin vault business, investing over $45 million, but shows an unrealized loss of more than $1 billion on its books.

📡 Hourly News Update | 22:00-23:00

1. The first AI-generated TV series for satellite broadcast, “Journey After the West,” premiered, driving multiple limit-up moves for Mango Supermedia and others.

2. By 2026 to date, IPO fundraising in Hong Kong and Shanghai has exceeded $54 billion. Changxin Memory surged 466% on its first day, and Unitree Technology rose 460%.

3. The U.S. has launched a new round of sanctions, intensifying Iran’s economic woes. Citizens face rising food prices, fuel station closures, and currency depreciation.

4. Lookonchain’s weekly report shows that the total market value of stablecoins increased by $987.1 million last week. DEX spot trading volume fell 4.94% month-over-month, while perpetual futures trading volume dropped 12.74%.

5. OpenClaw released version 2.0, updating session execution coverage, browser control, memory systems, and more. It is shifting toward a foundation infrastructure for cross-device intelligent agents.

6. Ant Group has rolled out AI payment functions within Alipay, and is also advancing stablecoin-related business in Hong Kong.

7. A mudslide in Nepal has killed 939 people, with 3,925 still missing. Rescue efforts are ongoing.

8. The S&P 500 index’s decline widened to 0.5%, hitting a new intraday low.

📡 On-the-hour Briefing | 21:00-22:00

1. OpenAI’s ad business has reached a run rate of $1 billion in annualized revenue, after previously introducing advertising services in ChatGPT.

2. NVIDIA CEO Jensen Huang said that MediaTek processors will form the computing foundation for the next generation of Windows PCs, and the VeraRubin platform could bring the company more than $40 billion in revenue per gigawatt.

3. China’s memory chip maker CXMT (ChangXin Memory Technologies) has begun small-scale production of HBM3E high-bandwidth memory.

4. EU regulators have officially classified ChatGPT as a search engine rather than a chatbot.

5. Strategy holds 845,050 bitcoins with an average purchase price of $75,412, with unrealized gains of approximately $2.542 billion.

6. Morgan Stanley raised its Brent crude oil price forecast for Q4 2026 to $100 per barrel, and WTI to $96 per barrel.

7. Huawei’s revenue in the first half of 2026 was RMB 467.8 billion, up 9.55% year over year, but net profit fell 36% and R&D spending surged 25%.

8. China Jushi officially raised its prices for electrical glass sheets in September: thick sheets up 15% and thin sheets up 20%.

📡 On-the-hour News | 20:00-21:00

1. Apple agreed to pay about RMB 1.7 billion to settle a collective lawsuit over Siri audio recordings.

2. JetZero completed a $100 million financing round to accelerate the maturation of its all-wing Z4 aircraft technology and the construction of facilities in the United States.

3. T-MAXIMUM Pharmaceuticals’ CAR-T therapy MT027 received FDA fast-track status for the treatment of intracranial solid tumors.

4. Strategy bought 4,603 bitcoins for $370 million, bringing its total holdings to 845,050.

5. Momenta’s first-half revenue was RMB 1.6 billion; its year-on-year loss narrowed by 97%. The company plans to deploy hundreds of Robotaxis by year-end.

6. Singapore’s Monetary Authority will invest SGD 220 million over the next three years to support fintech and innovation.

7. Germany’s consumer price index rose 2.9% year on year in August, higher than the previous month but below expectations.

8. C&I Research Institute: From January to August, top 100 real estate developers’ contracted sales totaled RMB 2.01759 trillion, with the year-on-year decline widening.

📡 On-the-hour news | 19:00-20:00

1. Zhipu (02513.HK) reported revenue of RMB 954 million in the first half of 2026, up 399.7% year-on-year. Adjusted net loss was RMB 1.964 billion. Revenue from its open platform and API business rose 2,735.7% year-on-year.

2. DeepSeek opened the weights of DeepSeek-V4-Flash-Vision-Exp, adding image understanding capabilities. It can recognize screenshots, read charts, and complete Agent tasks with the help of tools.

3. Chiyuan Technology’s Science and Technology Innovation Board (STAR Market) IPO issue price is RMB 142.18 per share. It will issue 43.035173 million shares, raising a total of RMB 6.119 billion. The subscription date is September 2, 2026.

4. NVIDIA CEO Jensen Huang announced an investment of USD 20 billion to build an open-source AI ecosystem in the United States, aiming to address competitive pressure from China’s open-source models.

5. The European Commission, under the Digital Services Act, identified ChatGPT, Reddit, and Roblox as entities subject to regulation. Their combined monthly active users across the EU are all over 45 million, meaning they must follow stricter rules.

6. SLB will acquire data center cooling solutions provider Kelvion for USD 3.4 billion in cash to expand its data center infrastructure capabilities.

7. Japan’s Ministry of Defense has requested a preliminary budget estimate for fiscal year 2027 totaling approximately 889 trillion yen, a record high, and defense spending may increase further.

8. Iran carried out a retaliatory strike against U.S. forces. Previously, the U.S. attacked key oil shipping routes, pushing international oil prices higher. Trump warned that it could lead to “big trouble.”

📡 Hourly News Update | 18:00-19:00

1. The United States and Iran launched attacks overnight at each other, ending about a month of relative calm. Iran announced strikes on U.S. military assets within Jordan and the UAE, as retaliation for U.S. bombings of the Larak Island.

2. WTI crude oil futures rose 4.00% to $86.735 per barrel, and Brent crude oil futures increased 3.84% to $91.483 per barrel, amid the impact of the U.S.-Iran conflict.

3. Under the EU’s Digital Services Act, ChatGPT, Reddit, and Roblox have been designated as Very Large Online Platforms, requiring them to meet stricter obligations.

4. Huawei’s net profit in the first half of 2026 fell 36% year over year to 23.81 billion yuan. Revenue grew 9.6%, and R&D spending accounted for 25.9% of revenue.

5. Nvidia launched the NVIDIA NVHBM high-bandwidth memory technology. Memory bandwidth increased by 30%, while HBM power consumption was reduced by 15%.

6. China Railway Group reported total operating revenue of 589 billion yuan in the first half of 2026, with a net profit of 1.85 billion yuan.

7. Singapore’s Urban Redevelopment Authority announced that the additional fee on top of vacant land for non-landed residential properties will be increased on average by 3.4%, and non-landed residential properties will increase by 3.5%.

8. Qatar’s GDP for the first quarter of 2025 fell 7% year over year, as the Iran war weighed on energy production. Gulf countries accelerated investment to bypass the Strait of Hormuz.