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According to Top Chinese Innovation Society reports, former head of the basic model for humanoid robots at ZhiJi Dynamics, Yu Tao, has left to start his own venture, focusing on the combination of LLM and embodied intelligence. According to relevant sources, his company's first round valuation is 70 million USD, and the second round valuation is 200 million USD, with DeepSeek and a leading top-tier fund participating in the investment.Yu Tao holds a PhD from the University of Science and Technology of China and was a visiting scholar at the National University of Singapore. He previously served as a senior researcher in Tencent AI Lab's Absolute Enlightenment team, where he led the team to build the full-body tracking system LimX WBT and the motion generation system from scratch during his time at ZhiJi Dynamics. According to reports from Phoenix Technology, DeepSeek founder Liang Wenfeng has recently met with several entrepreneurs in embodied intelligence and is internally evaluating different entry methods, such as forming a team independently or investing in external startups.In August of this year, DeepSeek invested approximately 141 million RMB through a strategic placement in Yushu Technology for its IPO; previously, Bloomberg also disclosed its plan to lead the investment in the robotics company Winverse AI founded by former Tencent AI scientist Hu Han.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Wuhan Tennis Open: Katie Volynets vs. Guo Hanyu," the option "Katie Volynets" in the sub-market "Wuhan Tennis Open: Katie Volynets vs. Guo Hanyu" has experienced a drastic fluctuation in winning probability, plummeting from 59.5% an hour ago to the current 21.5% (a fluctuation of 38%). Please note the impact of related breaking news.

According to Bloomberg, the only Renminbi clearing bank in Hong Kong, Bank of China (Hong Kong) Limited, plans to issue interbank certificates of deposit in the mainland market, with the quota already registered with the People's Bank of China. A statement released by Bank of China Hong Kong on Tuesday indicated that the company plans to issue up to 22.2 billion Renminbi (approximately 3.3 billion US dollars) in interbank certificates of deposit this year.Interbank certificates of deposit are short-term debt instruments with a maturity of one year or less, commonly used by domestic banks to raise funds from peers. Bloomberg stated that this move is another step by Chinese authorities to strengthen Hong Kong as a hub for Renminbi business.

Robinhood CEO Vlad Tenev stated on the X platform yesterday, "We hope that Robinhood will have the best builders on-chain, and we are investing to make this a reality. More details will be announced soon." This news subsequently continued to ferment within the community, with crypto KOL @rickytheirish claiming that the Robinhood chain will launch a funding program exceeding $100 million, aimed at ecological builders.According to GMGN market data, possibly influenced by the above news, the Robinhood chain's ecological tokens experienced a rebound: PONS is currently priced at $0.324, with a 24-hour increase of 16.4%; Artificial Inu is currently priced at $0.101, with a 24-hour increase of 20.7%; BUN is currently priced at $0.0563, with a 24-hour increase of 17.38%; some small-cap varieties, including PRIORS and Index, also showed significant rebounds. ChainCatcher reminds users that the related rumors have not been officially confirmed, and the prices of on-chain tokens are highly volatile, so users should invest cautiously.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Wuhan Tennis Open: Mia Bohanekova vs. Wang Xiyu," the option "Mia Bohanekova" in the sub-market "Wuhan Tennis Open: Mia Bohanekova vs. Wang Xiyu" has experienced significant fluctuations in winning probability, soaring from 25.5% an hour ago to the current 53.5% (a fluctuation of 28%). Please note the impact of related breaking news.

On Tuesday, Alibaba Group launched the Qwen Glasses N1 series smart glasses at an event in Hangzhou, extending its artificial intelligence strategy into consumer electronics. The company claims to be a full-stack artificial intelligence provider in China, covering everything from data centers and software to end products. The series starts at a pre-discount price of 2999 yuan (approximately 450 USD). Bloomberg reported that this price is not lower than that of industry leader Meta's Ray-Ban smart glasses, with Alibaba aiming to compete on quality and functionality, not just price.Wu Jianjun, General Manager of Qwen AI Hardware Products, stated that the new glasses are equipped with an improved 50-megapixel camera and sensors. The Pro version is priced at 3499 yuan and features eye-tracking capabilities, with a standby time of 25 hours or 9 hours of music playback on a single charge. The new model is about a year after the first version released last November, integrating the Qwen AI assistant more closely and expanding its functionalities. Following Meta's example, Alibaba is trying to make smart glasses an entry point for its artificial intelligence tools and agents. Last month, Meta launched a simplified version of smart glasses without a camera, priced at 349 USD, primarily for interaction with the Muse AI assistant.

According to a report by a financial magazine, the company Zhiyuan Innovation has recently launched a new round of financing, with an amount of approximately 1 billion to 1.5 billion yuan. This round of financing is nearing completion, with the latest valuation at around 50 billion yuan. Regarding the new financing, valuation, and IPO progress, a relevant person in charge at Zhiyuan stated that there is no response at this time.In July 2026, Zhiyuan announced the initiation of preparations for its listing on the Hong Kong Stock Exchange. At that time, some investors indicated that Zhiyuan is expected to list as early as August, with a target valuation of 40 billion to 50 billion Hong Kong dollars. According to relevant requirements from the Hong Kong Stock Exchange, if a company applying for listing completes new financing after submitting its application and before listing, it must wait 120 days after the financing is completed to be listed for trading, unless a special exemption is obtained. The aforementioned investors stated that this new round of financing means that Zhiyuan will not be able to complete its IPO within this year.

Multiple trading participants have indicated that the large model company DeepSeek will complete its latest round of financing soon, with the financing amount increasing from the previously planned 50 billion yuan to approximately 100 billion yuan. This is DeepSeek's second round of financing, and the intended financing amount has doubled in less than half a month.Among them, the intended investment amount from new and old shareholders is approximately evenly split. The doubling of the financing scale has not affected the overall valuation, and DeepSeek's pre-investment valuation remains at about 500 billion yuan. New investors in this round include Stone Creek Capital, Semiconductor Manufacturing International Corporation, CPE Yuanfeng, Legend Capital, Geely, among others, primarily consisting of industrial investors.

The blockchain data platform Arkham stated on platform X that it has tagged the wallet addresses of Justin Sun across 10 blockchains, with on-chain assets totaling approximately $2.25 billion.Arkham added that in a ranking released in September, the platform's research team listed Justin Sun as the individual holder with on-chain holdings second only to Bitcoin founder Satoshi Nakamoto.

On October 12, during the in-depth dialogue session at the opening ceremony of the 26th China International Industry Fair, Wang Xingxing, founder of the robotics company Yushu Technology, stated: His faith in AI is growing day by day. The biggest mistake he made in the past decade was not believing enough in AI, and even now, many people may not have fully utilized or embraced AI.Wang Xingxing mentioned that the recent release of GPT-6 has had a significant impact on the cognitive understanding of the embodied intelligence industry. The company team has already deployed it on robots for task testing, and the results have been quite good. He believes that the critical point for embodied intelligence will arrive relatively quickly, possibly within one or two years. However, to achieve large-scale application of robots, issues of generalization and efficiency still need to be resolved, but these problems are expected to be addressed in the coming years.

Tsinghua-based AI infrastructure company Wuwen Xinqiong has completed a C round financing of 2.3 billion yuan, bringing the total financing to 4.3 billion yuan. The company was established in 2023, does not develop chips, nor does it build its own data centers. It integrates the computing power of different chips such as Huawei Ascend, NVIDIA, and AMD through software, providing large model training and inference services to customers.Developers can directly call the models via API without needing to deploy them themselves. Bloomberg reported on October 1, citing informed sources, that Wuwen Xinqiong has secretly submitted a listing application to the Hong Kong Stock Exchange, with the earliest possible listing in the first half of 2027, and the pre-listing valuation is reportedly around 14.3 billion yuan.

According to "Du Jia," Tencent Yuanbao is developing a Personal Agent product called "Yuanbao Assistant," and plans to launch a standalone app to support long-term tasks, personal long-term memory, and other capabilities. As of the time of publication, Tencent has not responded to verification requests. The report states that multiple business departments within Tencent, including social media, are also developing related products or features.Recent developments listed in the report include: on September 30, Doubao is rumored to launch a personal assistant app called "Xiao Dou"; on October 10, Ant Group's Lingguang app is rumored to be testing "My Life"; Tencent Cloud launched LightVela; at the 2026 Yunqi Conference, Qianwen announced the Personal Agent plan. The report also mentions that several teams started research and development months before the overseas Muse release. Currently, cross-app calls are limited, long-term tasks are prone to interruption, and privacy boundaries are difficult to manage, with most products still in a gray area or internal testing.

The cryptocurrency trading platform Robinhood's Robinhood Crypto posted on X that it is exploring the launch of a stock token linked to an actively managed ETF on the Robinhood Chain, in partnership with T. Rowe Price Digital Assets.Robinhood Crypto stated that T. Rowe Price is one of the largest asset management companies in the world, managing $1.9 trillion in assets. If this exploration is successful, the related product will become the first stock token of its kind. The company also mentioned that institutions are entering, and its underlying channel is ready.

According to Dongcha news, the former head of ByteDance's AI programming tool TRAE, Shi Yang, has reportedly left the company before the National Day holiday. The news states that he plans to start a business with ByteDance's former head of AI data and security, Fu Yue, focusing on AI office solutions. This project is said to have completed its first round of financing, with a valuation of approximately 200 million USD; the company name, financing amount, and investors have not yet been disclosed.Shi Yang's LinkedIn profile shows that his tenure at ByteDance ended in September, and his new job is marked as a startup project with an undisclosed identity. He joined ByteDance in 2024 and was responsible for Doubao MarsCode and TRAE, having previously founded the identity management company Yufu Technology, which was later acquired by Tencent.Fu Yue was responsible for ByteDance's AI training data business and was reported to have left in August. In August of the same year, TRAE and the Kouzi team were merged into the Doubao system, with the relevant product teams reporting to Doubao head Zhao Qi. On October 9, TRAE announced the merger of TraeWork and TraeCode into a single product.

According to on-chain analyst Yu Jin's monitoring, the Fish Pond Alliance Wang Chun address (0xF42...2b51) sold 235.5 WBTC on-chain after a drop in the early morning, worth 19.31 million USD, in exchange for 7848.5 ETH.The ETH price is 2460 USD, and the ETH/BTC exchange rate is 0.03.

The founder of TRON, Justin Sun, attended the TOKEN2049 main venue in Singapore, where he had a dialogue with Kevin Follonier, the founder of the podcast "When Shift Happens." They discussed personal experiences in the cryptocurrency industry, the integration of AI and blockchain, and the "Justin Sun Award." He stated that the fusion of cryptocurrency and AI Agents will be one of the most important application scenarios in the next five years; cryptocurrency, as a sustainable iterative software technology, is superior to the long-stagnant traditional banking system, and the new generation of users will be more inclined to use cryptocurrency services.TRON is building an AI economic financial network, with approximately $100 billion in assets under protocol custody, processing daily transactions of $20 billion to $30 billion, and promoting the tokenization of U.S. stocks and the AI routing platform B.AI. Recently, Justin Sun launched the "Justin Sun Award" to more frequently reward contributors in the fields of mathematics and AI, with a maximum single question prize of $1 million, and he stated that the achievements in cryptocurrency will be returned to science, further benefiting ecological development.

According to reports from Lei Feng Network·Whale Rhino, AI hardware company Loke Technology NOOKLAB has completed several rounds of financing, with investors including Sequoia China, Linear Capital, and others, accumulating a total amount of several hundred million RMB, with a current valuation close to 100 million USD. The two rounds of financing were concentrated at the beginning of this year.Loke Technology's founder Raymond was born in 1996 and has previously worked at OPPO, OnePlus, Anker, and ByteDance, where he was responsible for the second-generation AI glasses in the Byte Ocean team. Its first product, Moonphase Flip, weighs 54 grams and attaches to the back of the phone via MagSafe magnetic suction. The company defines it as a low-disruption AI portable screen, primarily targeting overseas markets. The team currently consists of about 30 people.

According to a report by Phoenix Technology citing Bloomberg, former ByteDance intern Tian Keyu has secured nearly $30 million in funding from firms such as Five Sources Capital and IDG Capital, with a post-investment valuation of $200 million. The funds will be used for a startup that is still in stealth mode, competing in the field of world models against AI researchers like Fei-Fei Li.In 2024, during his internship at ByteDance, Tian Keyu was accused of disrupting model training and causing resource waste by writing and altering code due to dissatisfaction with team resource allocation. ByteDance filed a lawsuit seeking 8 million yuan in damages and stated that the intern had been dismissed, while also claiming that online reports of "involving over 8,000 cards and losses exceeding tens of millions of dollars" were grossly exaggerated. The court ruled that Tian Keyu must pay 500,000 yuan for breach of contract and confiscated his entire salary. Tian Keyu stated that he had closed another intern's program to free up computing power, admitted to inappropriate behavior, but described it as "acting on behalf of justice," and expressed that he would take a wiser approach if given another chance.Tian Keyu completed his master's degree at Peking University last summer and is the first author of one of the best papers at NeurIPS 2024. His lab currently has no name or products, with a team of about 10 people, including other former ByteDance employees. He claims to have created a dictionary containing about 200,000 symbols that are unrecognizable to humans for processing videos and plans to input 100 million hours of video into the model, stating that this technology could reduce the cost of generating one second of video by at least an order of magnitude, with plans to showcase it through offline events before the full model release in 2027. As of the time of publication, a ByteDance spokesperson had not responded to inquiries about the dismissal, while representatives from Five Sources Capital and IDG Capital confirmed the investment but did not comment further.

According to a report by Reuters, reprinted by Nikkei Asia, the union representing employees at Micron Technology's Taoyuan plant in Taiwan announced on Wednesday that it has obtained authorization for a strike, with the focus of the dispute being the company's bonus plan. The union stated that 1,994 members voted in favor of the strike, accounting for 99% of the voters, while details such as the timing of the strike are still under discussion. Micron has approximately 15,000 employees in Taiwan, with independent unions in Taoyuan and Taichung, and the two unions together represent over 80% of Micron's employees in Taiwan. Micron Taiwan is the company's largest manufacturing base.Taiwan is a key production site for Micron's DRAM and high-bandwidth memory, with related chips being important components for AI servers. Mediation with the Taoyuan union did not reach an agreement in September, and the Taichung union is still in negotiations. In September, Micron announced that it would distribute bonuses for the fiscal year 2026 to over 60,000 employees worldwide, stating that the company had experienced an "extraordinary year," with Taiwanese employees receiving a cash bonus of 1 million New Taiwan Dollars, approximately 31,400 US dollars. The Taoyuan union stated that the plan did not address the request for a permanent profit-sharing mechanism and criticized Micron for announcing the bonuses without first reaching an agreement with the union during the mediation period.