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NVIDIA and Mercedes-Benz's technology will support SAE Level 4 autonomous driving and driverless cars.

Mercedes-Benz and NVIDIA (NVDA.O) announced the expansion of their strategic partnership in autonomous driving.

According to a recent report by AlphaWire, Edwin Cheung, Executive Director of Gate, stated in an interview during TOKEN2049 Singapore that the payment business will become an important growth direction for Gate, serving individuals and corporate users with daily fund transfer needs.On October 7, Gate officially launched Gate Money, allowing users to open a global electronic bank account in their own name through the Gate App, and as services gradually open, it will accept payments in over 60 local currencies, connecting digital assets with everyday financial scenarios. Edwin Cheung pointed out that stablecoins can reduce the number of intermediary banks in cross-border transfers and enhance the transparency of fund flows. In the future, it will coexist long-term with traditional bank transfers, instant payments, and QR code payments, and will play a greater role in cross-currency payments as services develop in Europe, Asia, and the Middle East. Gate Money integrates functions of fiat currency, digital assets, stocks, ETFs, and gold, providing integrated financial services.Regarding institutional business and security, he mentioned that institutional investors remain highly concerned about liquidity and counterparty risk. Gate offers an OES over-the-counter settlement solution, allowing institutional clients' assets to be retained in third-party custodians while still utilizing Gate's liquidity and trading services, and enhancing transparency with reserve proof. He emphasized that user trust is crucial, and Gate's compliance qualifications, risk control system, and cooperation with various market regulatory agencies are key to the sustainable development of the business.

According to Catcher Predict monitoring, in the market prediction event "AS Roma vs. Real Madrid CF - More Markets" on Polymarket, the "Over" option in the sub-market "2nd Half O/U 3.5" has experienced significant fluctuations in winning probability, soaring from 12.5% an hour ago to the current 27.5% (a fluctuation of 15%). Please note the impact of related breaking news.

U.S. President Trump stated that GlobalFoundries will invest $21 billion in Malta, New York, to build two large semiconductor manufacturing facilities, with funding provided by Japan based on a previously reached trade agreement.

The surge in artificial intelligence infrastructure construction has driven up the prices of consumer technology products. The U.S. September CPI shows that the prices of computers and smart home assistants have increased by 9.7% year-on-year, marking the largest increase since 2006.The prices of software and accessories have risen by 28.4% year-on-year, raising concerns in the market about the rising costs of technology products.

According to The Block, brokerage service provider DriveWealth has partnered with Ripple to integrate its stablecoin settlement, cross-border payment, and digital asset custody services into its brokerage platform.The two parties will initially launch settlement operations in Europe and plan to expand the service scope to the United States. This integration will utilize the Ripple RLUSD stablecoin on the XRP Ledger, allowing DriveWealth customers to use a stablecoin that can be converted to fiat currency almost in real-time for collateral account funding and management. Additionally, both parties are exploring opportunities for equity financing through Ripple Prime.

GlobalFoundries plans to build two chip factories with up to $21 billion in funding support from the Japanese government. The U.S. government will acquire about 4% of the company's shares.The new factories will produce foundational chips, widely used in fields such as automotive, industrial equipment, and communication devices. This move aims to increase the production of foundational chips in the U.S. and reduce dependence on East Asian suppliers.

Affected by geopolitical and supply risk premiums, international oil prices have recently maintained a relatively high level of fluctuation. According to market data from the Gate platform, WTI crude oil (CLUSDT) is currently priced at $93.67, with a 24-hour increase of 2.09%. According to CoinGlass data, the 24-hour contract open interest on the Gate platform for CLUSDT is $131 million, ranking among the top three in the industry; the 24-hour contract trading volume reached $79.01 million, also ranking high in trading activity within the industry.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale invested $572,902.11 in a single bet on the event "Club Atlético de Madrid vs. Manchester United FC" for "Club Atlético de Madrid." Based on the current transaction price, the latest corresponding winning probability for this bet is 55%.

On-chain data company CryptoQuant researcher Rei Researcher pointed out in a report released on Monday that as the Bitcoin supply on exchanges continues to shrink, the price of Bitcoin may see an upward trend. The report shows that the Bitcoin held by exchanges has decreased from 2.8 million in February to 2.67 million. The recent price of Bitcoin is around $83,485, remaining stable over the past 24 hours but rising 8% over the past 30 days, following the best-performing quarter in years.The report states, "If buying demand continues to improve while exchange supply remains low, Bitcoin could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend." The report adds, "More importantly, Bitcoin has rebounded from its lows in recent weeks, while exchange reserves continue to decline. This is a notable development, indicating that even as the market recovers, the supply available for trading is still decreasing." The report also notes that investors may be transferring Bitcoin out of exchanges and into cold wallets.In the first half of 2026, Bitcoin traded below $65,000 for most of the time. After reaching an all-time high of $126,080 in October 2025, the cryptocurrency has been in a bear market for most of this year. However, the situation changed in August when the U.S. Treasury doubled the scale of liquidity support repurchase operations, weakening the dollar while boosting non-yielding assets like Bitcoin. Analysts say that the so-called "devaluation trade" has heated up again, benefiting Bitcoin as it did in 2024 and 2025. Currently, the price of Bitcoin is still over 30% lower than its historical record.

Macquarie Group strategist Thierry Wizman stated that the U.S. September CPI is expected to accelerate, but it is unlikely to prompt the Federal Reserve to raise interest rates in October.Analysts expect the overall CPI in September to increase year-on-year from 3.4% in August to 3.6%. Market pricing indicates that the probability of the Federal Reserve raising interest rates at the meeting on October 28 is about 19%.

JPMorgan analysts stated that AI stocks are expected to drive a 70% profit growth in Asia by 2027. Analysts noted that Asia's AI exposure is primarily concentrated in the hardware sector, with supply constraints likely to persist until 2028, giving related companies significant pricing power.JPMorgan expects that by 2028, the net profit of the AI ecosystem will exceed $1 trillion, with free cash flow reaching $700 billion.

Grayscale's Research Director Zach Pandl stated in his column The Stack on October 8 that the rising demand for AI is due to decreasing usage costs and technology's ability to perform tasks more autonomously, thereby increasing the demand for computing power and the physical infrastructure that supports AI. Lower costs can unleash more AI activities, and the low-cost competition of open-source weight models is driving down token prices, making cheaper intelligence economically viable for more applications and automated workflows.The article cites that Anthropic's latest Sonnet model claims to reduce the cost of each task by up to 30%; OpenAI's always-on agent dots, launched on September 29, can work towards user goals around the clock, potentially significantly increasing the demand for computing power. Pandl compares that chatbots primarily answer questions, while agents execute multi-step processes to achieve goals, with tasks like preparing for client meetings potentially consuming 5 to 50 times the tokens of a single chat interaction, and always-on agents may extend processing beyond a single conversation.Pandl cites Goldman Sachs' prediction that by 2030, token consumption could increase 24 times, primarily driven by agents; even with improved efficiency, if usage grows faster, the total demand for computing power may still rise. He points out that digital activities still rely on physical infrastructure that requires time to deliver, such as electricity, data centers, and GPUs, and cheaper AI can coexist with tight computing power supply, mentioning that CoreWeave recently signed new contracts at higher computing power prices. His conclusion is that cheaper intelligence and stronger agents may expand use cases and usage enough to offset efficiency gains, thereby supporting the demand for scarce computing power and benefiting its owners.

Despite the S&P 500 Index closing at a historic high this week, the rally was primarily driven by companies benefiting from the artificial intelligence boom, overshadowing signs of weakness in the U.S. economy and financial markets. Companies like Meta, Microsoft, and Nvidia performed strongly, while stocks in the consumer, travel, transportation, real estate, and financial sectors declined.When the S&P 500 Index reached its historic high, only 30% of its constituent stocks were trading above the 50-day moving average.

Arthur Hayes stated that at the beginning of each super bull market, the market must overcome numerous concerns. In 2017, it was the block size debate; in 2020, it was the pandemic; in 2023, it was the FTX collapse and central bank interest rate hikes; in 2026, it will be the panic caused by AI encryption technology (FUD).The wave of money printing will eventually come, and asset prices will soar.

Bitcoin software company Breez stated that since AI coding agents have become mainstream, the demand for its developer tools has surged significantly, with consulting requests increasing by approximately 14 times. Developers and the AI agents they deploy are seeking to integrate Bitcoin payments into their applications. Breez directly attributes this growth to Anthropic's Claude Code, which was launched as a research preview in February 2025 and officially opened three months later.Breez noted that before 2025, potential partners mainly fell into three categories: staunch Bitcoin enthusiasts, crypto developers, and fintech companies that view Bitcoin as an asset class. Since the launch of Claude Code, many developers with little to no Bitcoin experience have begun to inquire, with demand coming from fitness applications, messaging apps that want users to transfer money to each other, eSIM services for travelers, and a team developing a mushroom identification app. Breez stated that these developers often choose Bitcoin for its speed, as traditional payment processing involves bank accounts and cross-border transfers, which can take weeks or even months, while its SDK can be operational in just a few minutes.Breez mentioned that an increasing number of inquiries are coming from software rather than humans, as coding agents often represent the companies deploying them in making requests. The company believes that agents prefer Bitcoin because it is permissionless; agents can build applications and set up payments for global users without needing to open bank accounts, go through approvals, or sign documents. Breez stated that its latest SDK, built on the Bitcoin scaling protocol Spark, has successfully handled the increased traffic.

On October 8, during the Gate press conference at TOKEN2049 in Singapore, Gate founder and CEO Dr. Han stated that as asset growth and capital flow accelerate, financial services need to match the faster market pace, and Gate Money is driving financial efficiency to the next level.Dr. Han believes that digital assets, stocks, fiat currencies, stablecoins, and payments are accelerating their integration, and user demands have extended from single asset management to asset allocation, capital management, and payment consumption. Gate Money integrates digital assets, stocks, ETFs, gold, fiat currencies, bank accounts, transfers, payments, and asset management into the Gate App. Users in eligible regions can apply to open a global bank electronic account in their name and complete asset management, investment, capital receipt and payment, currency exchange, and payment consumption within the same account.He stated that new technologies such as stablecoins, on-chain payments, and digital securities are changing the global financial infrastructure. Gate will continue to explore more possibilities for new technologies to enter real financial scenarios, promoting the evolution of financial services towards higher efficiency.

As companies make significant investments in AI infrastructure, American businesses are about to welcome a strong quarterly earnings season. Goldman Sachs expects that the earnings of S&P 500 constituent companies will grow by 27% year-over-year in the September quarter. Société Générale stated that this will be the third consecutive quarter of earnings growth exceeding 25%.

According to Businesswire, AI security company Hadrian announced the completion of a $40 million financing round, led jointly by Forgepoint Capital International and SmartFin, with participation from existing investors such as HV Capital, Motive Partners, Picus Capital, and Oetker Ventures.The company simulates an attacker's perspective for enterprises by combining Continuous Exposure Management and AI-driven penetration testing, helping to identify external attack surfaces, validate real risks, and optimize remediation priorities. After this financing round, Hadrian's total funding amount reaches $65 million, and the funds will be used to expand into the European and American markets, grow the engineering and research teams, and further develop its AI-driven cybersecurity platform.