The Hang Seng Index gained 1.67%, and the Hang Seng Tech Index rose 1.77%; Semiconductor, GEO, and CPO concepts led the rise, with Huahong Hongli rising more than 10% and Zhipu rising more than 9%; Food and beverage and telecom sectors led the decline, with Mixue Group falling 3%.
OpenAI's India General Manager claims India's ChatGPT weekly active users have surpassed the US, becoming the world's largest consumer market. Since January, India's user base has doubled, with over 100 million weekly active users now. OpenAI has driven growth through launching the ChatGPT Go package with a monthly fee of less than $5 and a strategy to offer free Go for a year, and is collaborating with HyperVault to expand computing power in India.
Valve has adjusted the Steam game review process to address the recent surge in submissions, extending the longest review time to 12 business days. New requirements include running the game on Steam for at least 5 minutes before submission and confirming the completeness of achievements, re-releasable components, and store page feature descriptions, aimed at reducing duplicate reviews. This move responds to developer feedback about delays in reviews hindering game releases.
Meta announced the issuance of $15 billion in preferred notes in five parts, with terms ranging from 5 to 30 years, yielding 2.2 percentage points higher than U.S. Treasury bonds; earlier reports said it would also issue euro bonds.
Meike AI has reduced its store opening costs to less than one-third of the traditional model through its embodied intelligence beverage robots, and plans to establish an OPC model demonstration store in Yinzhou District; Yun Chuang Nai Che has shifted its operational mindset, using event planning to drive foot traffic, and incubating AI short video startup teams; Lu Hui Group is cultivating composite talents such as AI coffee machine operation and maintenance, and has implemented an industry-academia-research integration training system in more than 200 universities across the country.
SK Telecom's third-quarter operating profit surged by 1041.3% compared to the same period last year, with a net profit turning from a loss to a profit. From July to September, operating profit reached 552.3 billion won (about $4.114 billion), with revenue increasing by 13.1% to 4.49 trillion won, and net profit was 411.8 billion won (a loss of 166.7 billion won in the same period last year). AI-related new businesses helped boost performance, with AI data center sales increasing by 6.2% year-on-year, and other AI business sales growing by 27.3%.
Google announces adjustments to service permissions for US K-12 schools, requiring school administrators to manually enable search functionality while also enabling AI features, or else completely disable search. Accounts for students from kindergarten to 12th grade have Google Search, the Gemini chatbot, etc. disabled by default. Schools must choose one option. Google plans to introduce a 'guided learning' mode to gradually guide students in thinking and problem-solving.
Namespace deploys hundreds of MacBook Pro in data centers, achieving remote management through custom racks and IP KVM, each MacBook equipped with an external 10G Ethernet card and a cooling stand, but faces challenges such as HDMI cable breakage and FileVault password prompt disappearance, ultimately resolving them by SSH remote unlocking and recreating network services, while planning to introduce Mac Mini and Studio models of M5 and M6 to simplify management.
Samsung Electronics plans to produce HBM-based wafers for clients such as AMD at its second semiconductor plant in Taylor, USA, which began construction this month and is expected to start operations in 2030. Previously, Samsung primarily supplied such wafers to its own memory business, but starting from the HBM4 generation, memory manufacturers have begun ordering them from external advanced process foundries due to performance requirements. In addition to AMD, the industry believes that the HBM-based wafers produced at this semiconductor plant may also be used for the AI ASICs created for clients by Broadcom.
The South Korean government and US chip giant AMD held a steering committee meeting in Seoul on Wednesday to discuss the implementation of their AI chip cooperation agreement signed earlier this year. According to the memorandum of understanding signed in July, the two sides will cooperate to establish an AI research center and heterogeneous computing infrastructure. AMD also held the 'Advancing AI World Tour' technical event in Seoul, attracting about 1300 registrations, with Korean companies such as LG Electronics participating.
ByteDance will broadly restrict employees' internal self-paid use of Claude, Codex, and other AI tools, starting this month, banning external AI access to L4 level code repositories and Lianxiu documents, covering the entire company. This move has triggered internal discussions, with Vice President of Technology Hong Dingkun responding that the consequences of leaks of L3 and above content are severe, and that promoting products should not force the disabling of other choices. The company had previously banned third-party AI tools such as Cursor and Windsurf in batches in May 2025.
The Verge · AISame story · 2 outlets6565Nexus Mods announces that new mod uploads must declare AI usage, requiring the tag 'AI assisted' and explaining the method of use; the AI tag will be more prominent, and the platform emphasizes 'supporting human creativity' without banning AI mods, but requires transparency; authors have 60 days (until January 2, 2027) to update existing mods to comply with the requirements.
The US Dollar Spot Index rose 0.2%, with a rebound in AI trading driving stock market gains. Meanwhile, the number of US job openings reached a four-month high, while layoffs fell to a low point in over a year. The Democratic Party is widely expected to take control of the House of Representatives, with the tech industry and the AI/chip industry closely watching the election results.
Li Jiaqi's live stream sells 100,000 personal membership monthly cards for 0.01 yuan each, corresponding to approximately 2 trillion token call volume, AI computing power services leverage live streaming channels to directly reach a massive number of individual users. Many computing power listed companies in the A-share market are increasing their layout in the token economy track, Xingyun Technology creates token factory business, iFLYTEK's consumer-end products drive token call volume to rise steadily.
OpenAI fills the nearly one-year vacancy in the key global communications role, hiring Gil Hesselbeck as Chief Corporate Affairs Officer to enhance public understanding and trust in AI as it moves towards its IPO. Hesselbeck previously served as Uber's President and Chief Corporate Affairs Officer, reporting directly to Co-founder and President Greg Brockman, and will officially join in early December.
Douyin Group's internal app landscape has changed, with Hongguo Short Drama users surpassing Doubao to become the second-largest app, with unique total users of 1.029 billion, 430 million, and 419 million respectively; QuestMobile report shows that as of September 2026, domestic mobile internet monthly active users in China are 1.281 billion, a year-on-year increase of 0.9%, with an average monthly usage time per person of 189.8 hours, a year-on-year increase of 6.5%.
After OpenAI discovered recording devices in its executive meeting room, insiders said employees had been reporting security vulnerabilities since the end of 2022 before ChatGPT was launched, believing management was more focused on catching up with competitors. Employees pointed out that OpenAI's security management was lax, making it easy for outsiders to access sensitive information, and that code access permissions could view details of many projects. OpenAI has adjusted its strategy, led by Théo Sotiropoulos, to strengthen defenses, but increased security measures may impact research and development speed.
Search volume on ChatGPT is about 20% of Google's search volume, confirmed by Adam Fries, OpenAI's head. 44% of American adults have used ChatGPT this year, far exceeding the 24% usage rate of Gemini.
TechCrunch · AISame story · 2 outlets6565xAI has installed 8 modified jet engine turbines for its Memphis data center in Mississippi, and OpenAI will also use natural gas turbines at its first Stargate site in Abilene, Texas, in 2025. Due to the long grid connection and new turbine approval processes, some AI data centers have chosen to use jet engines modified from retired aircraft for power generation, but this is a short-term solution because their efficiency is lower than that of turbines designed for traditional gas power plants and they cause more pollution.
Google will adjust its AI feature management policies for K-12 education users starting from 2027, requiring school administrators to proactively enable them. Services like Gemini, NotebookLM, Gemini in Classroom, and Google Search will only be available to students if enabled; if a school completely disables AI, students will not be able to use Google Search. This move aims to let schools decide how to use AI tools in the classroom, but the bundling of search with AI features has sparked new discussions.
Ars Technica · AIAfter Ukrainian drone strikes damaged facilities storing AI supercomputers and disrupted cloud services for millions of Russian users, Russian tech companies are rushing to reinforce and hide their data centers. The Kremlin has demanded that data center operators reserve computing power for emergency national needs and has even authorized the potential use of foreign data centers.
SemiAnalysis6363SpaceX plans to build approximately 13GW data centers by 2027, surpassing the construction capacity of any single company during that period, with a speed even faster than its Chinese counterparts, as the Colossus 2 project has added nearly 2GW of capacity in the past year.
The DecoderFeatured7474OpenAI states its hardware team used GPT-6 Astra to design a device that can communicate with Codex encoding agents as a side project, completed in less than a week. Astra handled all aspects including casing design, PCB layout with component selection and routing, firmware, and user interface. Contract manufacturers produced small batches of prototypes in less than a month, but due to Astra not always considering manufacturing constraints, tolerances, and assembly details, several rounds of modifications were required.
Why it matters: OpenAI reveals the end-to-end hardware design process for GPT-6 Astra, also pointing out its shortcomings in manufacturing constraints.
OpenAI NewsSame story · 2 outlets3737OpenAI appoints Jill Hazelbaker as Chief Corporate Officer, leading the company's global communications and corporate positioning.
OpenAI NewsCisco combines network intelligence with OpenAI models to strengthen corporate security defenses. The company is building a more adaptive defense system.
Tomasz Tunguz6767GPU rental prices have doubled in the past 6 months, Anthropic's GPU equivalent hourly cost has increased from $3.10 to $5.65, forcing AI providers to switch to long-term contracts to fix rents between 2 and 4 dollars per hour
Google has stopped providing search services to schools that refuse to use AI, affecting about 100,000 U.S. public schools and involving the Google for Education suite.
The Verge · AIFeaturedSame story · 5 outlets7171Google stated to The New York Times that schools refusing its AI features will be completely shut down from search. In its K-12 education update on Tuesday, Google said that unless administrators explicitly enable them, Gemini, Gemini Notebook, Gemini in Classroom, and Google Search will be completely shut down for K-12 student accounts, and administrators cannot turn off Gemini features without shutting down search.
Where's Your Ed At6868OpenAI completed a $11 billion funding round in early November 2026 with a valuation of $125 billion, despite lukewarm interest from the capital markets, but it has revealed increased difficulty in subsequent funding. This round of investment reflects investors' doubts about OpenAI's revenue growth ($6.7 billion in the second quarter of 2026) and cost control, as the company's Q1 2026 revenue costs reached $12.1 billion.
The Ministry of Commerce and the Ministry of Science and Technology of China released Announcement No. 48 on October 16, 2026, proposing to include 40 technologies in the 'Catalogue of Prohibited or Restricted Export Technologies'. Among them, 23 involve artificial intelligence and implement temporary pre-export registration requirements. This announcement restricts model weights, key checkpoints, source code, architecture, and training and inference optimization technologies that meet specific thresholds (such as at least 10^26 FLOPs training computing, at least 2 trillion parameters, or a global ranking of the top 10), and sets clear technical thresholds for agent architectures and AI-enabled offensive network capabilities.
How the accounts differ:Recode China AI states the ban covers 40 items, while Hacker News specifies 23 items as AI-related.
