intelligence

According to Jiemian News, Tongxin Intelligence has completed hundreds of millions in seed and angel round financing, with investors including Tsinghua Alumni Seed Fund, Beijing General Artificial Intelligence Research Institute, Songlin Technology, Pingzhi Information, Anwu Intelligence, and Yuzizhangquan.The funds from this round will mainly be used for core architecture design and research and development before chip tape-out. Tongxin Intelligence was founded in April 2026 by artificial intelligence scientist, president of Beijing General Artificial Intelligence Research Institute, and chair professor at Peking University and Tsinghua University, Zhu Songchun. Its first product is positioned to support AGI algorithm inference chips, aimed at applications such as large models, world models, and general intelligent agents, with plans to start FPGA prototype verification in early December this year.

According to Forbes, the board of directors of Nvidia is preparing to dismiss CEO Jensen Huang, who has served for 33 years, and may hold a meeting on November 11. Forbes reports that since The New York Times first reported on October 29 about Huang's relationship with Megaspeed executive Huang Le, Nvidia's market value has evaporated by approximately $1 trillion. In after-hours trading on November 11, the stock price fell another 8%. Wedbush analyst Dan Ives warned that if Huang is dismissed, the market value could evaporate another $1 trillion to $1.2 trillion.On November 8, Huang admitted to being unfaithful in a letter to employees. An Nvidia spokesperson stated that Huang is committed to leading Nvidia without interruption. On November 11, The New York Times reported again that Huang has an extramarital affair with Kimberly Powell, the vice president of the company's healthcare business who reports to him. Forbes cited that before this report was released, Doug Clinton from Intelligent Alpha estimated the likelihood of Huang leaving the CEO position at 10% to 20%, while Yale professor Jeffrey Sonnenfeld believed the chances of staying or leaving were equal.Forbes stated that Nvidia does not have a public succession plan, and Huang has 60 direct subordinates. Newsweek believes that if he steps down, CFO Colette Kress may serve as interim CEO. Nvidia has set its third-quarter revenue guidance at $10.8 billion, with analysts expecting a year-over-year growth of about 91%. The company is scheduled to announce its financial report on November 17. Forbes also cited SFist, stating that if Huang's wife files for divorce, under California's community property rules, the settlement amount could be between $62.6 billion and $81.1 billion.

Wells Fargo has upgraded its investment outlook for the artificial intelligence infrastructure sector from "negative" to "neutral."

The Director of the National Economic Council of the White House, Kevin Hassett, stated that the artificial intelligence bubble is indeed a cause for concern.

Former President Donald Trump stated on Truth Social that as president, he is 100% supportive of superintelligence and will collaborate with several states in the U.S. that hope to get rich from it.Trump compared superintelligence to a gold mine, saying that only foolish leadership would reject the wealth it brings.

According to the information disclosed by the Beijing Municipal Market Supervision Administration, China National Petroleum Corporation Kunlun Manufacturing Co., Ltd. and its concerted action party Kunlun Capital plan to jointly establish a new joint venture with Yushu Technology and Beijing Panjie Intelligent Technology Co., Ltd., focusing on industrial embodied intelligent robot solution business. The simplified case of operator concentration has entered the public announcement period, which is from November 4, 2026, to November 13, 2026.According to the announced equity structure, after the transaction is completed, Kunlun Manufacturing and its concerted action parties will hold a total of 60% of the shares in the joint venture, while Yushu Technology and Panjie Intelligent will each hold 20% of the shares, with the three parties jointly controlling the joint venture. The joint venture will provide industrial embodied intelligent robot solutions for fields such as oil and gas, refining and transportation scenario inspections and emergency rescue, as well as applications in gas stations and comprehensive energy stations for charging and swapping. Previously, Kunlun Capital participated as an important investor in the strategic allocation of Yushu Technology's IPO on the Sci-Tech Innovation Board, and the two parties signed a strategic cooperation memorandum regarding the application of robots in oil and gas scenarios. The establishment of the joint venture marks the transition of cooperation from capital connection to the stage of physical operation.

The U.S. Department of Justice announced the establishment of the "Superintelligence" Special Task Force (DOJ-SITF), led by Deputy Attorney General Stanley Woodward and Deputy Deputy Attorney General Stephen Weiss, specifically to oversee the misuse of advanced artificial intelligence. The task force's established mission is to ensure that the United States' leading position in the "superintelligence" field is not undermined by criminals, targeting foreign governments and their agents, transnational crime organizations, as well as businesses and individuals using AI to commit fraud and other crimes.Attorney General Todd Blanche stated that the development of "superintelligence" will continue to be driven by American innovators, and the task force will collaborate with SI Force Chairman Jay Clayton to prevent critical AI technologies from being manipulated by domestic and foreign criminals. He noted that the Department of Justice will continue to identify and prosecute individuals who violate the law using superintelligence, including malicious actions targeting American taxpayers, U.S. critical infrastructure, or other national security areas.Weiss stated that the Department of Justice also has the responsibility to enhance regular reporting on superintelligence risks and responses, and to ensure that businesses implement strict internal controls to ensure that relevant technologies "operate as intended." This task force is one of the federal-level initiatives to advance AI regulation; the SEC has included "superintelligence" in its review priorities for 2027, and U.S. banking regulator OCC also released its first AI framework this week. The Department of Justice did not specify the timeline for the task force or disclose how it will coordinate with other agencies.

According to the announcement from Factory, the enterprise-level AI software engineering company Factory has announced the acquisition of the coding intelligence collaboration platform HumanLayer, with co-founders Dex Horthy and Kyle Mistele joining.The HumanLayer platform will be open-sourced, supporting users to export data and migrate to Factory or self-host the open-source version during the transition period.

According to PR Newswire, AI intelligence data security company Sentra announced the completion of a $150 million Series C financing round, led by Capital One Ventures, with participation from existing shareholders including Bessemer Venture Partners, Zeev Ventures, Standard Investments, Munich Re Ventures, and Key1 Capital. Capital One will send a representative to join the board.Sentra stated that it has experienced over 300% year-on-year growth in the past year, and the new funds will be used to expand AI intelligence data access control and static data protection capabilities, as well as to explore new markets. Sentra's total financing has exceeded $250 million.

OpenAI founder Sam Altman posted on X, stating: Humanity should always be in control of the future. He expressed that OpenAI opposes the view that it is acceptable for humanity to be reduced to only doing "things that AI systems deem worthy for humans to do."Sam Altman also stated: Humanity should not cede control of the future to superintelligence, and this requirement should ultimately constrain AI progress. His account bio clearly states that OpenAI's mission is to ensure that general artificial intelligence benefits all of humanity.

Apple (AAPL.O) opens the Siri artificial intelligence preview version to all developers.

On November 3, the National Development and Reform Commission held a series of press conferences on advancing the "14th Five-Year Plan," introducing information on cultivating and strengthening new driving forces. Wang Ruomeng, Deputy Director of the Department of Innovation and High Technology Development of the National Development and Reform Commission, stated that there is a broad consensus in society on the coexistence of opportunities and risks in artificial intelligence. During the "14th Five-Year Plan" period, development and security will be coordinated, with security integrated throughout the research, application, and governance of artificial intelligence.Wang Ruomeng emphasized four key areas of work. First, improve the governance rule system, accelerate the promotion of foundational and comprehensive legislation for artificial intelligence, enhance legislation to protect common elements such as data, computing power, and algorithms, as well as to regulate key application scenarios, establish safety standards and ethical guidelines covering the entire lifecycle, and conduct periodic assessments of the implementation of these systems. Second, optimize the regulatory environment, reasonably set a transition period for regulatory policies, provide compliance guidance for applications across different industries, support the establishment of regulatory sandboxes for artificial intelligence in various fields, and improve the management mechanisms for application, testing, use, and exit.Third, clarify the collaborative governance responsibilities of government departments, industry organizations, enterprises, and the public, promote developers and operators to strengthen risk management awareness, timely disclose safety risks, and proactively report safety incidents and vulnerability information. Fourth, address the impact of artificial intelligence on society, pay attention to changes in employment structure, promote the inclusion of new professions such as model trainers and data annotators into the national occupational classification system, and strengthen monitoring and early warning of employment replacement risks; enhance traceability capabilities for issues such as algorithmic discrimination, deep forgery, and privacy breaches, while also strengthening guidance and intervention to prevent addiction and emotional dependence.

According to Gelonghui, Xiao Yuanqi, Deputy Director of the China Financial Regulatory Bureau, stated at the Fifth International Financial Leaders Investment Summit hosted by the Hong Kong Monetary Authority that a large influx of capital into the technology sector and leading enterprises has raised the leverage levels in these areas, which may lead to excessive expansion.Xiao Yuanqi mentioned that the excessive concentration of capital has an crowding-out effect on traditional industries, raising the borrowing costs for these enterprises, increasing their financial burdens, weakening their ability to reinvest and expand production, and also increasing credit risks. He believes that policymakers should develop corresponding policy frameworks in advance for the AI-driven economic transformation to strengthen macroeconomic management and prevent economic and financial risks.

On November 3, at the 2026 World Internet Conference in Wuzhen, Jack Ma, co-founder and chairman of Alibaba Group, delivered a keynote speech stating that the demand for AI continues to rise, and Chinese companies are continuously increasing their efforts in model open sourcing and ecological openness, with key indicators such as open source model downloads remaining at the forefront. He emphasized, "Only open source can be popularized, and only popularization can create a sustainable and inclusive era of intelligence."According to Jack Ma, three years ago, Alibaba proposed an open source strategy. As of now, Alibaba Qianwen has open-sourced over 470 models, with a total global download exceeding 4 billion.

Kimi, a subsidiary of the artificial intelligence company Dark Side of the Moon, has released a game development and creative work solution that allows AI Agents to move from assisting in programming to participating in the entire workflow of game production, from gameplay design, 3D modeling, engineering development to publishing and operations. The solution is based on K3.1 Pro, Kimi Code, and Kimi Work, and can operate professional tools such as Unity, Unreal Engine, and Blender through plugins.Kimi can modify existing projects, run games independently, view test recordings, and continue to make modifications after identifying issues. In the official demonstration, after the planner provided reference images, videos, and gameplay requirements, Kimi was able to create a 2.5D action game prototype with mechanics such as sword swinging, dodging, and blocking using Godot. The official claim states that even without programming experience, there is a chance to create a playable version within 1 to 2 days.In another demonstration in collaboration with Unity China, Kimi worked continuously for 20 hours without human intervention, reproducing the original work and delivering a native project that can be further developed. Dark Side of the Moon also uses the solution for game publishing and long-term operations, including mass production of advertising materials, analyzing player feedback, handling community content and localization, as well as integrating AI dialogue capabilities for game NPCs through APIs.

According to The Information, Meta Platforms (META.O) has collaborated with the Chinese startup Fourier to create a humanoid robot prototype, aiming to expand its presence in the robotics field. The two parties developed this humanoid robot, which weighs approximately 106 pounds, in just three months, with the internal code name "Max."

The enforcement director of the U.S. Securities and Exchange Commission stated that the agency is reviewing the information disclosure of artificial intelligence companies.

The market intelligence platform Predict Pro announced on its official X account on October 26 that it has completed a $4 million strategic financing round, with investors including DuckDao, Becker Ventures, and M2M Capital.Predict Pro stated that this round of funding will be used to advance its global ecosystem and develop AI Agents powered by DEITIES to support AI-related capabilities in the prediction market. According to the official introduction, Predict Pro is positioned as an AI-native intelligence product for the prediction market, connecting real-world events, market signals, and judgments.

According to official news, Sequoia China and the robotics company Yushu Technology announced the establishment of the "ShanYu·Innovation Plan," focusing on discovering and investing in embodied intelligence, robotic applications, and their upstream and downstream key technologies, as well as early-stage entrepreneurial projects in other cutting-edge hard technology fields.It is reported that the core strategy of this plan is "understanding technology and industry, discovering early, making quick decisions, valuing people, and not adding chaos," which will provide industrial and financial resources for promising early-stage entrepreneurs in the fields of embodied intelligence, robotics, and other cutting-edge hard technologies.

According to Bloomberg, robotics AI software developer Physical Intelligence is negotiating at least $1 billion in financing, with a valuation expected to nearly double to about $20 billion. Existing investors Avenir and Lux Capital are in talks to lead the investment. Earlier this year, Physical Intelligence raised funds at a valuation of $11.5 billion, and insiders say the company currently has no revenue.Physical Intelligence was founded in 2024 by former Google DeepMind researchers and scholars from Stanford University and the University of California, Berkeley. Investors include CapitalG, a subsidiary of Alphabet, Jeff Bezos, and Thrive Capital. The company develops AI software that can run on various third-party hardware and supports multiple robotic actions. Recent job postings indicate that employees will train robots to perform daily household tasks. Earlier this month, Physical Intelligence opened access to its latest robot model for external developers for fine-tuning, which is still in the testing phase.