AI / Large Models

Three AI chatbots catch each other's hallucinations

Users pulled ChatGPT, Claude, and Gemini into the same group chat to solve complex problems, discovering that they can point out each other's hallucinations. This provides a lightweight alternative for "multi-model collaboration," without waiting for a single model to become stronger.

> Hot Take: AI holds its own group meeting while humans observe.

Source: Rauno.ai | Reddit

Apple's Siri AI to adopt a waitlist mechanism

The official release of iOS 27 is approaching, and Siri AI is expected to gradually open with a waitlist, as Apple continues to take a “steady” approach to avoid server overload. Source: IT Home

Cryptocurrency / Web3

Bitcoin returns to $80,000, over $220 million in shorts liquidated in 24 hours

BTC has climbed back to $80,000, with over $220 million in crypto shorts liquidated in 24 hours, as ETF demand and U.S. treasury repurchases are seen as driving factors. Source: Cointelegraph

Thailand advances Bitcoin and Ethereum ETF draft

Thai regulators presented draft rules for crypto ETFs, potentially allowing local investors to buy BTC/ETH exposure within a regulated framework soon. Source: Cointelegraph

Standard Chartered becomes first bank distributor of HKD stablecoin

Standard Chartered has begun distributing HKD stablecoins, which marks a sign of traditional banks directly participating in stablecoin distribution, indicating compliance of stablecoins. Source: Cointelegraph

Bessent implements "economic strangulation" on Iran, digital assets included in secondary sanctions

U.S. Treasury Secretary Bessent announced the severing of Iran's ties to the global economy, with digital assets, gold, aviation, and shipping listed as potential areas for secondary sanctions. Crypto service providers may face stricter compliance scrutiny in the future. Source: Bloomberg

Chips / Hardware

Xiaomi's new CPU matches Apple in single-core performance, faster in multi-core

Xiaomi's new CPU matches Apple’s performance in single-thread tasks and is much faster in multi-thread tasks, leading to fervent discussions on Hacker News.

Hot Topic: The community is debating whether this is a genuine breakthrough or just "scores that have never lost but experiences that have never won."

> Hot Take: Scores have never lost, whether experiences can win is another story.

Source: Hacker News | Twitter@lemire

Meta launches its first training chip MTIA 300

Meta announced its first training chip, MTIA 300, which integrates network cards and communication offload engines, aiming to reduce dependence on Nvidia's training hardware. Source: Meta Engineering

Tech Companies

Uber fined nearly $1 billion for algorithm without human review

Uber's algorithms suspended drivers without human review, leading to nearly $1 billion in GDPR fines from European regulators. This means algorithmic decisions can no longer evade accountability under the guise of “automation.” Source: Reddit

Zillow and Redfin settle FTC antitrust case

The two U.S. real estate platforms reached a settlement regarding the FTC antitrust investigation, which could lead to adjustments in competition rules within the proptech industry. Source: TechCrunch

U.S. Stocks

Star AI hedge fund Situational Awareness under SEC investigation

This AI hedge fund, which nearly collapsed, is now under investigation by the SEC. Once a star in the AI investment narrative, regulatory intervention indicates the risks of AI-driven funds are being scrutinized. Source: TechCrunch

Nvidia declines for the seventh consecutive day, marking the longest consecutive drop since 2022

Before the earnings report, Nvidia's stock fell for the seventh trading day in a row, with chip stocks overall under pressure, and the options market's reaction to the earnings report was relatively calm.

> Hot Take: The market is waking itself up ahead of the earnings report, waiting for Jensen Huang to speak before making a statement.

Source: Financial Network | FirstSquawk

Finance / Macroeconomics

Shein's IPO valuation shrinks from $100 billion to $27 billion

The valuation of fast fashion cross-border e-commerce has been significantly downvalued, as the market begins to reprice the growth logic of platform-based cross-border e-commerce. Source: Zhihu Hot List

U.S.-Canada trade war escalates, Trump warns of "worse consequences"

After Canada prepares retaliatory measures, Trump claims the consequences will be "worse," with tariffs on various goods set to rise to 50% next year. North American supply chains and risk assets may be impacted. Source: The New York Times

Gold, U.S. dollar, and Bitcoin rise together

Bessent seeks to use TGA trillion to buy bonds, with both oil prices and bond yields falling; on the same day, gold, the U.S. dollar, and Bitcoin rose simultaneously as funds flocked to multiple safe havens amid chaos. Source: Wall Street Watch

New Products / New Trends

Domestic games sweep all five nominations for best mobile game at Gamescom

All five nominations for the best mobile game at the 2026 Gamescom were secured by domestic games, essentially locking in the award and showcasing the dominance of Chinese mobile games in the sector. Source: Zhihu Hot List

Fully AI-guided drone kills three

A fully autonomous AI drone killed three people in Ukraine, marking a public case of autonomous weapons causing fatalities and further escalating discussions on the ethics and regulation of AI weaponry. Source: GadgetReview | Reddit

China's commercial space industry exports complete satellites to Southeast Asia for the first time

Galaxy Space successfully launched three satellites, with the SAR twin satellites and Thailand's satellite entering orbit simultaneously, marking China's first complete satellite export to Southeast Asia. Source: Financial Network

Today's Underline

Nvidia's seven-day decline, Xiaomi and Meta's self-developed chips, and Bessent's inclusion of digital assets in sanctions against Iran may seem unrelated, yet they all point to the same thing: AI computing power and the dollar settlement system are moving from "single dependence" to multi-polar competition. Funds are exiting overvalued AI hardware while rushing into gold and Bitcoin, indicating the market is hedging "the cost of the AI narrative." When sanctions can abruptly sever financial and computational pathways, self-developed chips and crypto assets shift from commercial choices to risk management tools.