RecodeX

📡 Hourly News Brief | 11:00-12:00

1. Nvidia is building an AI model called Nemotron 4 with a parameter count of up to 1 trillion, aiming to compete in the open-source AI model space.

2. Shares related to A-share brain-computer interface concepts rose across the board. Innovation Medical hit the daily limit, Fevotai surged by over 10%, boosted by news that nationwide’s first policy for unintended coverage of invasive brain-computer interface surgeries has been underwritten.

3. China’s domestically made aircraft C919 has officially launched international commercial routes, with the first international flight departing from Shanghai.

4. Legendary investor Ron Baron said he will hold SpaceX stock for his lifetime, ignoring the recent 50% drop in the share price, and he breaks down a 30x growth path.

5. Google’s AI assistant Gemini has surpassed 1 billion monthly active users, becoming the fastest-growing product in Google’s history and the 14th product to cross the 1 billion user milestone.

6. Spot gold strengthened, currently quoted at $4,412 per ounce, up $45 from earlier. Peter Schiff believes gold prices may return above $5,000.

7. European summer natural gas inventories are at the lowest level for the same period in the past 15 years. If the winter brings extreme cold weather, the region could face a supply shortage.

8. Korean game developer Pearl Abyss released its Q2 2026 performance results: operating profit surged 7,411% year over year. “Red Desert” contributed about 70% of revenue.

📡 Hourly Bulletin | 10:00-11:00

1. Spot gold rose 1% on August 12 to $4,411.72 per troy ounce, breaking above $4,400 per ounce three times within two days.

2. Oracle and Quantinuum have reached a multi-year partnership to integrate quantum computing technology into Oracle’s cloud infrastructure (OCI).

3. ByteDance has set up a new first-level department focused on 100-trillion-parameter models; related plans are still at an early stage.

4. Typhoon No. 17 “Langka” has formed. The maximum sustained winds at its center are level 8, and it is expected to move rapidly toward the northeast.

5. Prices of DDR5 server memory modules have increased across the board by 15% to 23%. Contract prices for 32GB/64GB/96GB have risen to $900/$1,590/$2,650, respectively.

6. The South Korean government announced plans to establish a sovereign wealth fund of about $710 million to support strategic industries such as artificial intelligence.

7. Severe storms in the U.S. Midwest have killed at least 3 people, with more than 1 million customers without power.

8. Japan’s 30-year government bond yield was 3.980%, up by 3.0 basis points.

📡 Top of the Hour Bulletin | 09:00-10:00

1. BlackRock’s CEO said that AI and data center build-outs are creating capital opportunities. The U.S. is expected to require more than 70 gigawatts of power in the future. The industry has already raised $500 billion, and will need to invest tens of trillions more going forward.

2. Oracle and quantum computing company Quantinuum announced a multi-year partnership to jointly advance the development of quantum computing technologies and applications. Specific details have not yet been disclosed.

3. China’s benchmark gasoline futures lead contract price rose by more than 4% today, with the latest quote at RMB 3,785 per ton.

4. Air China’s Beijing–Ulaanbaatar route, starting from the 12th, will be operated by China’s domestically made passenger jet C919, marking the launch of its international scheduled commercial route operations.

5. The Office of Management and Budget in the White House rescinded the TikTok ban order issued in 2023 that prohibited use of TikTok on government devices. Previously, the U.S. Department of Justice said TikTok no longer met the standard for “regulated applications.”

6. Article 50 of the EU’s AI Act takes effect from August 2. It requires AI-generated outputs to include machine-readable markings. Anthropic has already added watermarking to its Claude texts.

7. In South Korea, the KOSPI index’s intraday gain widened to 3%. Samsung Electronics surged 5.22%, while SK Hynix rose 2.95%.

8. Shares of storage chip companies were boosted by expanded expectations for shareholder returns from Samsung Electronics and SK Hynix. TrendForce expects the spot price of bulk DRAM contracts in the second quarter of 2026 to rise 58% quarter-over-quarter to 63%.

📡 Hourly Bulletin | 08:00-09:00

1. Bitcoin core developer Jeff Garzik said Bitcoin’s rise was mainly due to the widespread sharing of a July 2010 Slashdot post, rather than the whitepaper itself; working source code was the key.

2. NVIDIA announced cooperation with six asset management institutions, aiming to unlock more than $500 billion in funding for building AI infrastructure.

3. SK hynix has restarted plans to expand its Dalian NAND flash plant, targeting a 50% capacity increase by 2027.

4. South Korea’s KOSPI index rose 2% today. It was boosted by overnight surges in Super Micro and CoreWeave shares, while Samsung Electronics climbed 4%.

5. A research note from CICC recommends an overweight position in gold, arguing the gold bull market hasn’t ended. After a prior pullback, the window to add exposure again is now open.

6. The U.S. CFTC used emergency powers to require Kalshi to continue operating in New York State, countering its lawsuit with the state government—highlighting disputes over regulatory jurisdiction for prediction markets.

7. Google unveiled plans to build three new submarine fiber-optic cables in the Americas, connecting the Dominican Republic, Panama, Chile, Bermuda, and Florida.

8. The U.S. SEC proposed two new crypto initiatives: allowing trading of security tokenized assets and creating a tailored issuance mechanism for crypto investment contracts, scheduled for review on August 14.

📡 8-hour Recap | Aug 12 00:00-08:00

RecodeX refactors the message—over the past 8 hours, AI and the crypto market saw intense activity: OpenAI completed a massive share buyback and is preparing for an IPO, Nvidia reached a $500 billion AI financing agreement, and Riot and Anthropic signed a $9.1 billion data center lease; at the same time, the SEC is pushing forward crypto rulemaking, with Bitcoin network activity hitting a new high. On the macro front, U.S. stocks closed lower, Fed policy expectations diverged, and geopolitical and regulatory events intertwined.

🤖 AI & Tech

1. OpenAI completed a $7 billion stock buyback; employees can sell shares at an $85.2 billion valuation, and the company plans to complete its IPO by late October.

2. Nvidia reached a $500 billion AI financing agreement; participants include Apollo, BlackRock, and Blackstone. The share price rose about 1%.

3. Riot Platforms and Anthropic signed a 20-year, roughly $9.1 billion data center leasing agreement, covering 191 megawatts of IT capacity, with an estimated total revenue potential of $16.1 billion.

4. Google’s Gemini app surpassed 1 billion monthly active users, becoming the fastest-growing product in the company’s history, but Google’s stock fell more than 3%.

5. TSMC achieved mass production of its 5.5x photomask CoWoS packaging technology, with a process yield rate of 99%; a single package can hold 12 sets of HBM4 memory.

💰 Finance & Markets

1. Overnight, all three major U.S. stock indexes closed lower: the Nasdaq fell 0.6%, the Dow dropped 0.35%, the S&P 500 declined 0.32%, while the storage sector rose against the trend.

2. CoreWeave’s revenue in the second quarter of its second fiscal quarter came in at $2.58 billion, exceeding expectations, but net losses widened to $626 million; shares rose 8% after hours, and later expanded gains to 16%.

3. Super Micro Computer’s revenue in the fourth fiscal quarter totaled $11.1 billion, up 93% year over year. This quarter and its 2027 fiscal-year revenue guidance beat analysts’ expectations; shares rose more than 9% after hours.

4. Lumentum’s adjusted earnings per share for the fourth quarter were $3.23; net revenue was $1.01 billion—both above expectations, and its first-quarter guidance also beat estimates.

5. Total U.S. consumer debt remained stable at $18.25 trillion in the second quarter, up 2.1% year over year; the New York Fed showed household total debt edged down by $13 billion to $18.8 trillion.

🔗 Crypto & Blockchain

1. On August 10, the Solana network recorded 171.9 million transactions in a single day, setting a new all-time high.

2. Russia approved public trading of Bitcoin, Ethereum, and USDT stablecoins on exchanges.

3. The U.S. SEC plans to discuss a customized issuance framework on Friday and intends to release a plan for exemptions for tokenized securities trading, advancing crypto regulatory initiatives.

4. The Ravencoin network suffered a serious vulnerability attack; the coin price plunged 20% in the short term. Two mining pools controlling most of the hashrate are working on rebuilding the chain.

5. Australia’s AUSTRAC ordered Cryptolink, the operator of crypto ATMs, to shut down 96 Bitcoin ATMs because it failed to submit transaction reports.

🏛️ Policy & Regulation

1. The U.S. FDA approved Takeda Pharmaceuticals’ oral orexin receptor 2 agonist Orzeyful for adults with narcolepsy type 1 episodes—marking the first therapy of its kind worldwide.

2. The U.S. Securities and Exchange Commission sued securities crowdfunding platform Netcapital for fraud, alleging it improperly recorded $14 million in consulting-service revenue.

3. The U.S. Treasury has canceled the beneficial ownership reporting requirements for U.S. companies.

4. The Trump administration continued to pause new offshore wind power permit approvals, leaving thousands of skilled workers at risk of losing their jobs.

5. After Belgium’s diamond industry gifted President Trump an 18K gold custom ring, the White House suddenly changed course on tariff exemptions; Democratic lawmakers questioned whether it amounted to “cartoon-style bribery.”

🌍 Macro & Geopolitics

1. The probability that the Fed will keep rates unchanged in September is 52%, versus 48% for a 25-basis-point hike; the probability of keeping rates unchanged in October is 38.7%.

2. The newly appointed Fed chair Waller said he does not believe the current “data-dependent” policy has much practical value, and the market is focused on the July inflation data to be released on Wednesday.

3. That morning, North Korea launched at least one ballistic missile from the Wonsan area on the east coast into eastern waters—its second launch within six days.

4. South Korea’s July unemployment rate rose to 2.8%, above the market expectation of 2.7%; employment increased by 108,000 year over year.

5. Japan’s 5-year government bond yield rose to 2.100%, hitting a new historical high.

🏭 Companies & Industries

1. Toyota recalled about 655,000 Camry vehicles globally due to a display system error that could cause safety indicators to malfunction; it also recalled more than 508,000 vehicles due to instrument panel faults.

2. Oracle plans to launch another round of layoffs this month to control costs and ease debt pressure accumulated from investing in AI infrastructure.

3. Jennifer Bailey, head of Apple’s payments business, will retire in October after 23 years in the role.

4. SpaceX’s stock price plunged, leading to the cancellation of a $800 million bonus payout unlocking for insiders.

5. The U.S. Department of Defense awarded Lockheed Martin a seven-year, $58.62 billion contract to produce PAC-3 missile enhanced interceptors.

Editor’s Note: Competition between AI compute investment and regulatory maneuvering is intertwined; the market is seeking balance between optimistic expectations and policy uncertainty. Going forward, attention should be paid to the Fed’s policy path and the rollout progress of crypto rules.

📡 Hourly News | 07:00-08:00

1. CoreWeave reported Q2 revenue of $2.575 billion, up 112% year over year. Backlogged orders reached $104 billion, and shares surged more than 16% after hours.

2. South Korea’s unemployment rate rose to 2.8% in July, exceeding the market’s 2.7% forecast, while employment increased by 108,000 year over year.

3. North Korea fired at least one ballistic missile from the Wonsan area on the east coast toward the eastern waters that morning. This was the second launch within six days.

4. Huaxi Securities said long-term support for gold prices remains solid. Standard Chartered expects gold prices could move toward $5,000, while domestic demand for gold jewelry fell 28% year over year in the second quarter.

5. AI computing power demand has surged. Alibaba Cloud unveiled a new generation of fully modular AI data center architecture, and related stocks hit the daily limit.

6. The U.S. Department of Defense acknowledged in a report that the 2025 airstrikes against Yemen resulted in 153 civilian deaths and 243 injuries.

7. Japan’s 5-year government bond yield rose to 2.100%, reaching a record high.

8. A poll by The Economist and YouGov shows President Trump’s approval rating has dropped to 33%, setting a new personal low for this survey.

📡 Hourly Update | 06:00-07:00

1. OpenAI leadership has undergone another round of personnel changes: the former COO has left the company and founded a new firm, with the changes taking place as OpenAI prepares for an IPO.

2. TSMC has achieved mass production of its 5.5x photomask CoWoS packaging technology, with a process yield rate of 99%. Each package can accommodate 12 sets of HBM4 memory.

3. The probability that the U.S. Federal Reserve will keep interest rates unchanged in September is 52%, while the probability of a 25-basis-point rate hike is 48%. For October, the probability of keeping rates unchanged is 38.7%.

4. U.S. Bitcoin miner MARA Holdings completed a $600 million financing backed by approximately $1.2 billion worth of Bitcoin, with the funds earmarked for energy and artificial intelligence businesses.

5. The CME Group plans to launch two AI-compute-focused futures contracts in October to drive the financialization of compute assets.

6. Riot Platforms and Anthropic signed a 20-year data center leasing agreement covering 191 megawatts of IT capacity, with an expected total revenue potential of up to $16.1 billion.

7. Nvidia plans to raise more than $500 billion to finance AI data centers, with participating parties including Apollo, BlackRock, and Blackstone.

8. OpenAI launched an advanced tier for ChatGPT Enterprise. The usage cap has been increased to 5 times the original limit, and the 5-hour continuous-use restriction has been removed.

📡 On-the-hour News | 05:00-06:00

1. Super Micro Computer’s fourth-quarter revenue was $11.1 billion, up 93% year over year. It was slightly below expectations, but guidance for revenue this quarter and for fiscal year 2027 is above analysts’ estimates, and the stock price rose more than 9% after hours.

2. CoreWeave’s after-hours share gain widened to 16%. The company disclosed that its total contract backlog as of June 30, 2026 was approximately $104 billion.

3. Lumentum’s adjusted earnings per share for the fourth quarter were $3.23, and net revenue was $1.01 billion—both above expectations. Guidance for the first quarter also came in higher than forecast.

4. A dormant Ethereum pre-mining address that had been inactive for 11 years was activated, containing 2,680 ETH, worth about $5.048 million.

5. Google’s share price fell by more than 3%. The CEO said its AI product, Gemini, has more than 1 billion monthly active users.

6. The U.S. Treasury has canceled the beneficial ownership reporting requirements for U.S. companies.

7. Data from the Federal Reserve Bank of New York shows that total household debt in the U.S. dipped slightly by $13 billion in Q2 to $18.8 trillion, but credit card and auto loan balances increased by $49 billion.

8. AUSTRAC in Australia ordered crypto ATM operator Cryptolink to shut down 96 Bitcoin ATMs for failing to submit transaction reports.

📡 Hourly News | 04:00-05:00

1. Overnight, the three major U.S. stock indexes all closed lower. The Nasdaq fell 0.6%, the Dow dropped 0.35%, and the S&P 500 declined 0.32%, while the storage sector rose against the trend.

2. Oracle plans to begin another round of layoffs this month to control costs and ease debt pressure stemming from the accumulation of investments in building AI infrastructure.

3. The SEC plans to discuss a customized issuance framework this Friday, and intends to release a plan for exemptions from tokenized securities trading, advancing its crypto regulatory initiatives.

4. CoreWeave reported revenue of $2.58 billion in the second fiscal quarter, beating expectations, but its net loss widened to $626 million. After-hours, the stock rose 8%.

5. Super Micro Computer expects FY2027 revenue of $65 billion to $72 billion, far above Wall Street’s estimate of $54.4 billion.

6. Quantinuum announced that second-quarter 2026 revenue grew 279% year over year, and revealed a partnership with Oracle to deploy the Helios quantum computer.

7. Toyota recalled more than 508,000 vehicles due to a potential malfunction in the instrument cluster display that could increase collision risk.

8. In the U.S., total consumer debt in the second quarter remained stable at $18.25 trillion, up 2.1% year over year.

📡 Hourly Bulletin | 03:00-04:00

1. RecodeX rebuilds the message. On August 11, the Chicago Mercantile Exchange (CME Group) announced that it will launch the world’s first batch of NHL index futures on September 28. The contracts come in two types: standard and micro. Based on the CME FutureSports Performance Indexes, the index uses official NHL statistics.

2. RecodeX rebuilds the message. In recent months, the U.S. Services Employees organization and its allies have claimed progress in organizing gig workers. In May 2026, Uber reached its first collective bargaining agreement with drivers in Victoria, British Columbia. Massachusetts has recognized the union representing 70,000 Uber drivers.

3. RecodeX rebuilds the message. Against the backdrop of high memory prices—“RAMageddon”—Microsoft has raised its Windows 11 licensing fees for PC manufacturers. This increases PC manufacturing costs even further, putting new upward pressure on terminal retail prices. Earlier memory price hikes already drove up system costs; now the higher licensing fee could further worsen the PC market.

4. RecodeX rebuilds the message. CNBC released its latest forecast, saying a Bitcoin bull market is expected to arrive by the end of 2026, with increased institutional buying and the passage of the Clarity Act as the main drivers.

5. RecodeX rebuilds the message. On August 11, 2026, Mass General Brigham (MGB) informed the nurses at Brigham Women’s Hospital via a federal mediator that it would no longer schedule further negotiations and would not submit any new proposals. This is the third round of talks following the nurses’ historic strike at the hospital. MGB requires nurses to choose between giving up pay raises and giving up other patient-care and contract priorities. The Massachusetts Nurses Association (MNA) said this choice leaves nurses in an unacceptable position.

6. RecodeX rebuilds the message. In remarks by the newly appointed Fed Chair Waller, he said he does not believe the current “data-dependent” policy has much practical value. Part of the working group he set up aims to build alternative frameworks, but until the new framework is clearly established, the old one is still in operation. The market will focus on the Wednesday release of the month-over-month change in July inflation data, as more and more FOMC members believe that inflation readings over the coming months will determine whether the forecast that “inflation will fall to 2% within two years” can be achieved—and whether further rate hikes are needed.

7. RecodeX rebuilds the message. Since returning to office, the Trump administration has repeatedly halted new offshore wind power permit approvals, accelerating the unraveling of America’s emerging offshore wind industry and leaving thousands of skilled workers facing job losses. Its long-standing hostility toward offshore wind has been translated into concrete policy. Industry participants expressed shock, saying the move is effectively cheering for job displacement.

8. RecodeX rebuilds the message. In late June, Belgium’s diamond industry presented Trump with a custom 18K gold ring. Soon after, the White House abruptly changed course on tariff exemptions. Democratic lawmakers questioned whether the move constitutes “cartoon-style bribery,” demanding an explanation of the link between the exemption decision and the gift. As of now, the White House has not responded.

📡 Hourly News | 02:00-03:00

1. OpenAI completes a $7 billion stock buyback, allowing employees to sell shares at a valuation of $85.2 billion.

2. NVIDIA signs a $500 billion AI financing deal, and the share price rises by about 1%.

3. Google’s Gemini app surpasses 1 billion monthly active users, becoming Google’s 14th product to reach 1 billion users.

4. Russia approves public trading of Bitcoin, Ethereum, and USDT stablecoins on exchanges.

5. CME plans to launch two futures products linked to AI compute in October—marking the first time AI compute is converted into exchange-traded derivatives.

6. The average transaction price of new cars in the U.S. rose to $49,855 in July, up 1.9% year-over-year, but still below the all-time high.

7. Jennifer Bailey, head of Apple’s payments business, will retire in October after 23 years in the role.

8. SpaceX’s share price plunges, causing the cancellation of the unlocking of bonus totals totaling $800 million for insiders.

📡 Hourly News Update | 01:00-02:00

1. Google announced that it will hold the Made by Google 2026 event on August 12, officially releasing the new Pixel 11 series of devices. The Pro models may include a built-in fill light design.

2. Google CEO Sundar Pichai announced that the Gemini app has surpassed one billion monthly active users, becoming the fastest-growing product in the company’s history.

3. xAI, owned by Elon Musk, launched a new AI software called Grok Bot. It aims to handle tasks around the clock like an AI agent team, catching up with Anthropic and OpenAI.

4. The U.S. Securities and Exchange Commission (SEC) is scheduled to hold a meeting on Friday. TD Cowen expects it may kick off a “critical” crypto rulemaking process to establish a legal pathway for token-issuing projects.

5. The Abu Dhabi Global Market Financial Services Regulatory Authority has granted Coinbase a financial services license, allowing it to build an international tokenized securities hub in the region.

6. OpenAI COO Brad Lightcap announced his departure from the company after eight years in the role, planning to start a new venture.

7. The Ravencoin network suffered a severe vulnerability attack, causing the coin price to drop sharply by 20% in the short term. Two mining pools controlling most of the hashrate are already working to rebuild the chain.

8. The U.S. Department of Defense awarded Lockheed Martin a seven-year contract worth $58.62 billion to produce PAC-3 missile-enhanced interceptors. Lockheed plans to triple its production capacity by the end of 2030.

📡 Top-of-the-hour briefing | 00:00-01:00

1. The AI Trust and Safety Alliance was established on August 11 in San Francisco, aiming to set safety and trust standards for enterprise AI. Founding members include Protegrity founder Ulf Mattsson, among others.

2. The U.S. FDA has approved Takeda Pharmaceuticals’ oral orexin receptor 2 agonist Orzeyful for adult patients with type 1 narcolepsy with cataplexy. It is the first therapy of its kind worldwide.

3. Riot Platforms and Anthropic have signed a 20-year, $9.1 billion data center leasing agreement. The stock price rose by about 5%.

4. Anthropic expects to complete its IPO by the end of October.

5. On August 10, the Solana network recorded daily transactions of 171.9 million, a new all-time high.

6. The U.S. Securities and Exchange Commission has sued securities crowdfunding platform Netcapital for fraud, alleging improper recording of $14 million in consulting services revenue.

7. Toyota is recalling approximately 655,000 Camrys worldwide due to a display system error that could cause safety alerts to malfunction.

8. CXMT Storage is seeking to expand its overseas business to mitigate the impact of U.S. export controls, while Apple is testing its memory chips to address the memory-demand growth driven by AI.

📡 Startup & Investment Daily Brief | August 11

RecodeX reshapes the news. Today, the fundraising market was active. AI infrastructure and robotics drew significant capital. Nvidia, together with Wall Street giants, launched a $500 billion AI financing platform, and multiple AI startups completed large rounds of funding.

🚀 Primary Market Financing

1. Firmus completed a $2.0 billion strategic equity financing round. Coatue and Nvidia added investment. Blackstone Tactical Opportunities and others also participated. Valuation exceeded $10.5 billion. The funds will be used to accelerate the expansion of an AI infrastructure platform in Australia.

2. 5C Group secured more than $1.4 billion in funding to build AI infrastructure in North America, led by Brookfield for an additional $605 million.

3. Global AI completed $441 million in debt financing, led by JPMorgan Chase, to deploy sovereign AI data centers.

4. inKind completed $414 million in financing, led by Citi and Cross River, to expand its restaurant business platform.

5. Point2 Technology completed Series B financing expanding to $136 million, led by LB Investment, with participation from Arm, Nvidia, and others. Funds will be used to accelerate the commercialization of AI data center RF interconnect technology.

6. Remedium Bio completed the first delivery of its $10 million A-round financing. Lifespan Vision Ventures led the round, with Eli Lilly participating. Funds will be used to advance R&D of protein therapeutic drugs.

7. Linghou Robotics completed over RMB 100 million (over one hundred million yuan) in a Series C round, led by ChenDao Capital, with follow-on participation from an industrial machine tool industry investment fund and others.

8. Daimeng Robotics completed several hundred million (tens/hundreds of millions) in a strategic round financing. Ant Group led the round, with existing shareholders over-subscribing. Funds will be used for the R&D and market expansion of haptic intelligence technology.

9. Xunming Biosciences completed a $100 million Series B financing round. Granite Asia led the round, with follow-on participation from Honghui Fund and others. Funds will be used for the development of bio-based foundation models.

10. LatentVerse completed several hundred million (multi-100 million yuan) in seed-round financing. Investments came from Sequoia? (高瓴创投) and Qingliu Capital, among others. Funds will be used for the development of embodied foundation models.

11. Kaixin Hong completed over RMB 100 million (over one hundred million yuan) in seed-round financing. Investments include China Development Bank? (国开科创), Chengtong Kechuang, and others. Funds will be used for RISC-V chip R&D.

12. Xunlu Innovation completed over RMB 100 million (over one hundred million yuan) in a new round of financing. Brizan Ventures and Honghui Fund led the round, with follow-on participation from Sequoia China, among others. Funds will be used for product mass production and R&D.

13. Modeling Technology (模量科技) completed tens of millions (several tens of millions) in Pre-A financing. Investments include Falcon Investment (猎鹰投资) and Yihua Capital (益华资本). Funds will be used for the R&D and market expansion of haptic sensing technology.

14. Futong Huizhi (复通汇智) completed tens of millions (several tens of millions) in angel-round financing. Yuanjing Capital led the round. Funds will be used for the product R&D and clinical research of tFUS-Mind.

15. Wanxiang Zhihui (万象智维) completed tens of millions (several tens of millions) in angel+ round financing. Leading by Shaoyin (韶音), with funds used for end-side AI software and hardware R&D.

16. CAS? H? (中科芯知) completed angel-round financing. Investments include Shanghai Xinzhiyang (上海芯智衍). Funds will be used for emotional-sensing large model R&D and hardware product design.

17. Gongyan Tuoxin (工研拓芯) completed an RMB 100 million (an amount around 1 yuan/one hundred million) A-round financing. Investments include Ceyuan Capital (策源资本), Luoyang Kechuang Group (洛阳科创集团), and others. Funds will be used for mass production and R&D of optical communication chips.

18. Hio Computing (希奥端计算) completed several hundred million (multi-100 million) in an A-round financing. Investments led by Mingzhe Capital and Xianxiang Capital, among others. Funds will be used for server CPU R&D and industrialization.

19. Guoao Technology (国奥科技) completed nearly RMB 100 million (close to one hundred million) in an A+ round financing, to support the R&D of industrial embodied robots and expansion of production lines.

20. Huilun Technology (慧仑科技) completed over RMB 100 million in financing. Investments include CRRC Guochuang Fund (中车国创基金) and CMB International (招银国际), among others. Funds will be used for humanoid robot R&D and commercialization.

21. Bu Chou Quantum (不筹量子) completed A-round financing, with cumulative funding nearing RMB 1 billion. Investments include Guotai Haitong and Jinding Capital, among others. Funds will be used for quantum computing R&D.

22. River AI completed $1.1 billion in financing. General Catalyst and AMP PBC led the round. Nvidia and AMD participated. Funds will be used to develop a personal AI full-stack platform.

23. Neros completed $250 million in financing. Sequoia Capital and the U.S. Strategic Technology Fund led the round. Valuation is $2.5 billion. Funds will be used for drone R&D and mass production.

24. Trajectory completed $40 million in financing. Sequoia Capital led the round, with Nvidia and Bessemer participating. Funds will be used to develop AI models for continuous learning.

25. Discovered Materials completed $9 million in seed-round financing. Lightspeed India led the round, with participation from Y Combinator and others. Funds will be used for an AI materials discovery platform.

26. Echovane completed $1 million in financing. Titan Capital and Neon Fund led the round. Funds will be used to expand an AI market research platform.

27. Palette completed €3 million in Pre-Seed financing. Ugly Duckling Ventures led the round. Funds will be used to develop AI model switching tools.

28. Jack & Jill completed $20 million in seed-round financing. Creandum led the round. Funds will be used to expand a conversational AI recruiting platform.

29. VibeIQ completed $22.5 million in growth financing. Volition Capital led the round. Funds will be used to expand an AI product decision platform.

30. Sola completed $17.5 million in Series A financing. Andreessen Horowitz led the round. Funds will be used for the development of an AI enterprise automation platform.

31. Corma completed $60 million in seed-round financing. Sequoia Capital led the round. Funds will be used to build AI models for cybersecurity.

…

📡 Hourly News Report | 23:00-24:00

1. NVIDIA releases the Nemotron 3.5 Lightning model, achieving up to a 4x increase in output speed, and launches its first open-source AI model.

2. Anthropic plans to conduct an IPO in early September or October and announces that Claude watermarking will be available to users worldwide.

3. The Chicago Mercantile Exchange (CME) and Silicon Data will launch a computing power futures contract on October 5, based on H100 and B200 GPU rental indices.

4. Bitcoin ETFs saw a net outflow of 2,209 BTC in a single day, while Ethereum ETFs saw a net outflow of 14,499 ETH.

5. The Trump administration lifts the federal government device ban on TikTok, citing that TikTok’s U.S. business has been transferred to ownership by U.S. investors.

6. In the U.S. second quarter, total household debt fell by $13 billion quarter-over-quarter to $18.8 trillion.

7. The Ministry of Water Resources has initiated a Level IV emergency response for flood defense in Beijing and Tianjin.

8. Lebanon’s parliament voted to abolish the death penalty; if approved, it will become the first country in the Middle East to abolish capital punishment.

📡 Top of the Hour Update | 22:00-23:00

1. Anthropic and Riot Platforms sign a $9.1 billion data center deal for training AI models.

2. Intel announces it will sell at least $15 billion worth of shares to support an expansion of chip manufacturing.

3. In the U.S., July existing home sales come in at a seasonally annualized 4.06 million units, down 1.7% month-over-month. The median home price is up 2% year-over-year to $434,100.

4. Binance will list the DOSUSDT perpetual contract at 23:00 on August 11, with up to 20x leverage.

5. AI startup Manus says it will soon resume independent company operations, suggesting that the reversal of its Meta acquisition deal is nearly complete.

6. The FBI discloses that North Korean IT personnel infiltrated U.S. government agencies, exposing remote-work security vulnerabilities.

7. SpaceX acquires AI programming company Cursor for $60 billion; Morgan Stanley sets a $600 bull-case price target.

8. The CEO of Norway’s sovereign wealth fund warns that assets valued at $2 trillion may suffer unexpected, massive losses.

📡 Hourly Report | 21:00-22:00

1. RecodeX Restructuring News: According to insiders, AI company Anthropic plans to conduct its first public offering (IPO) in early September or October. The company is currently holding pre-listing meetings with potential investors. If things go smoothly, Anthropic will become another leading AI company to list on capital markets, though its valuation and offering size have yet to be announced.

2. RecodeX Restructuring News: Disney+ has obtained global streaming broadcast rights for the ABB FIA Formula E World Championship across more than 140 countries and regions. This milestone agreement will unify the event’s television platforms and showcase advanced technologies in the electric vehicle field. Formula E and Formula 1 are independently operated events.

3. RecodeX Restructuring News: NVIDIA has launched Nemotron 3.5 Lightning, its first open-source AI model. Enterprise users can download, use, and modify the model for free without needing a license or paying NVIDIA. The model is aimed at developers, intended to promote openness and widespread adoption of AI technology.

4. RecodeX Restructuring News: U.S. Senator Bernie Sanders sent a letter to top AI company executives, including OpenAI CEO Sam Altman and Meta CEO Mark Zuckerberg, calling for an immediate pause in AI development. He warned that if tech executives do not take action, Congress will step in to intervene.

5. RecodeX Restructuring News: Xutou Technology’s online subscription winning rate has been released—less than 1/26 of Changxin Technology—showing that demand for its IPO is extremely hot. This reflects investors’ strong interest in robotics and the technology sector, but it is not related to RWA tokenization.

6. RecodeX Restructuring News: Meta CEO Mark Zuckerberg announced a major AI development roadmap, which could change the company’s trajectory. The news has made Meta’s stock price a key focus in the market. Specific details of the roadmap have not yet been disclosed.

7. RecodeX Restructuring News: On August 11, the CEO of Norway’s sovereign wealth fund reiterated on Tuesday that the fund’s $2 trillion in assets may suffer unexpected, major losses—possibly even to zero. He said that the current market is in an “abnormal state,” yet despite many challenges, financial markets are still rising steadily.

📡 Hourly News Update | 20:00-21:00

1. Wintermute’s report shows that Bitcoin spot ETFs have recorded net inflows for five consecutive days, totaling $853.5 million, while Ethereum ETFs have seen net inflows for five consecutive weeks, totaling $244.9 million.

2. Dell’Oro predicts that the global SASE market will reach $24 billion by 2030, driven by growth in SD-WAN and SSE.

3. U.S. crude oil futures broke above $84 as a stalemate in negotiations over the Strait of Hormuz agreement sparked supply concerns, but roughly ten ships are currently conducting oil transshipment outside the strait.

4. Anthropic and Riot signed a $9.1 billion cloud computing deal. Riot surged more than 15% before the opening. Anthropic plans to IPO in September or October, valuing it at $96.5 billion.

5. Unquantum, which is not raising funds for a Series A, completed its Series A financing, bringing total funding close to RMB 1 billion, to support core technology R&D for neutral atom quantum computing.

6. Between January 2024 and September 2025, North Korea has stolen at least $2.8 billion worth of cryptocurrencies, increasingly relying on money-laundering networks run by scam groups.

7. Google launched an AI-driven Ask Maps feature in Singapore, offering real-time updates on traffic and crowd congestion levels.

8. The U.S. FDA approved an mRNA influenza vaccine for the first time. Moderna’s mFlusiva has been approved for adults aged 50 and older.

📡 On-the-hour briefing | 19:00-20:00

1. NVIDIA has partnered with BlackRock, Apollo, Blackstone, Goldman Sachs, KKR, and two other institutions to raise $500 billion, turning GPU chips into assets that can be pledged for financing.

2. The U.S. Securities and Exchange Commission (SEC) plans to hold a meeting on August 14 to discuss tailored regulatory rules for crypto products and introduce new crypto rules for the first time, establishing a framework for real token issuances.

3. Flow into leading gold ETFs worth over RMB 100 billion has recently reversed direction. After 19 consecutive days of net inflows, the past two days saw net outflows of RMB 747 million from main funds. Market participants say gold faces short-term pressure, but the long-term fundamentals remain unchanged.

4. International oil prices held near the high on Tuesday. Brent crude futures hovered close to $90 per barrel. The previous trading day rose 5%, and negotiations between Iran and the U.S. over the Strait of Hormuz have hit a stalemate.

5. SK hynix’s China plant restarted after being shut down for four years, with plans to increase capacity by 50%. It also intends to take a stake in Kioxia through Bain Capital, which could make it the largest shareholder and reshape the landscape of the memory-chip industry.

6. Intel raised $20 billion by issuing additional shares, exceeding its original $15 billion target. Subscription demand reportedly topped $100 billion, and the stock price has risen about 146% since 2026.

7. Trump Media disclosed an unrealized loss of $360.6 million in digital assets in the first half of 2026. It holds 9,477 bitcoins and 756.1 million units of crypto-com-chain native tokens.

8. Anthropic and Bitcoin miner Riot Platforms signed a data center capacity leasing agreement with a total value of $9.1 billion. If fully exercised, it could reach up to $16.1 billion.

📡 Hourly News | 18:00-19:00

1. Data from the National Federation of Independent Business in the U.S. shows that in July the Small Business Optimism Index rose by 2.4 points month-on-month to 99.8, the highest level since August 2025. Improved hiring plans are the biggest driving factor.

2. Several Korean securities firms are concerned that the memory chip industry may have peaked in terms of business conditions, so they have cut the target prices for both Samsung Electronics and SK hynix by roughly 30%.

3. OpenAI announced that ChatGPT now supports Yelp restaurant reservations. Users in the U.S. and Canada can complete table bookings directly in the chat.

4. Yangtze Memory? (Note: “国民技术” is a company name) National Technologies announced that starting from October 1, 2026, it will raise prices for some products by 10% to 20%, citing changes in semiconductor costs and lead times due to the warming up of the AI industry.

5. The Trump family reportedly lost over $600 million in cryptocurrency investments and has announced it is giving up its cryptocurrency business.

6. Honor announced the world’s first robot phone, RobotPhone, scheduled for release on August 12. Pre-orders have already exceeded 200,000 units.

7. To ease the shortage of air traffic controllers, the U.S. Department of Transportation launched a special recruitment initiative targeting video game players. It has attracted more than 2,000 candidates, and the annual hiring target has been completed at 94%.

8. Foreign Ministry spokesperson Guo Jiakun said that regarding Taiwan’s participation in meetings of the Pacific Islands Forum, Taiwan’s participation in activities of international organizations must be handled in accordance with the One-China principle, urging the forum secretariat to uphold the One-China principle.