Tagged: china

November 4, 2026 @ 11:16 pm By Omar Faridi  |  

The International Monetary Fund (IMF) has warned that a collapse of the artificial intelligence investment boom could drag down the global economy. In assessments released during the October 2026 Bangkok meetings, the Fund projected world growth of 3.1 percent in 2026 and 3.4 percent in… Read More

November 4, 2026 @ 4:13 am By Omar Faridi  |  

Chinese AI company DeepSeek has outlined a new architectural approach for AI agents that aims to reduce the amount of direct human coordination required when managing multiple tasks. The proposal, shared by the company’s DeepSeek Harness team, focuses on overcoming a practical limit in current… Read More

November 2, 2026 @ 12:20 am By Omar Faridi  |  

New findings from cybersecurity professionals reveal that the physical and firmware foundations supporting large-scale artificial intelligence systems are susceptible to remote interference capable of altering chatbot outputs in potentially harmful ways. Rather than concentrating solely on the software or the companies developing the models, the… Read More

October 30, 2026 @ 9:31 pm By Omar Faridi  |  

Tencent and Visa formalized a Memorandum of Understanding that establishes a broad framework for joint work on cross-border payments, agentic commerce, enterprise artificial intelligence, and assistance for businesses expanding internationally. The arrangement pairs Tencent’s payment tools, digital platforms, and technology resources with Visa’s worldwide network… Read More

October 30, 2026 @ 5:20 am By Omar Faridi  |  

U.S. authorities report that more than $1 billion in cryptocurrency tied to fraud and scam operations has been restrained, even as overseas criminal networks linked to Chinese transnational groups broaden their footprint beyond traditional bases in Southeast Asia. The Department of Justice’s Scam Center Strike… Read More

October 28, 2026 @ 12:19 am By Omar Faridi  |  

A 44-year-old Chinese national, Zheng Zhao, appeared in federal court in the Central District of California on October 23, 2026, following his extradition from the Netherlands. Prosecutors allege he participated in a transnational cryptocurrency investment fraud operation run out of scam centers in Cambodia that… Read More

October 27, 2026 @ 8:20 pm By Omar Faridi  |  

China’s Central Cyberspace Affairs Commission has outlined a target for the national blockchain network to reach a largely completed state by 2030. This objective appears in the National Informatization Plan for the 15th Five-Year Period, a document that maps priorities for digital development across the… Read More

October 25, 2026 @ 12:16 am By Omar Faridi  |  

Chinese artificial intelligence company DeepSeek has completed a major capital raise totaling roughly 100 billion yuan, equivalent to about $15 billion, according to a Bloomberg report citing people familiar with the matter. The Hangzhou-based startup increased its fundraising goal more than once during investor discussions,… Read More

October 24, 2026 @ 6:45 pm By Omar Faridi  |  

Moonshot AI, the Beijing-based artificial intelligence startup, has introduced Kimi K3.1 Pro as the opening model in its K3.1 series. The company positions the system as its most capable open-weight offering in the roughly three-trillion-parameter class to date. The release builds directly on the earlier… Read More

October 22, 2026 @ 2:55 pm By Omar Faridi  |  

Chinese prosecutors have applied to seize roughly 61,896 Bitcoin and associated digital assets currently held by British authorities, linking them to a large-scale fundraising fraud. The Tianjin No. 2 Intermediate People’s Court accepted the application in late September and issued a public notice in mid-October,… Read More

October 20, 2026 @ 11:35 pm By Omar Faridi  |  

The US Department of Homeland Security has directed civilian federal agencies to purge Chinese artificial intelligence firm DeepSeek from their information technology environments and to halt all related purchasing. The action, detailed in a Federal Register notice published on October 20, 2026, implements Exclusion and… Read More

October 20, 2026 @ 9:33 am By Omar Faridi  |  

Thai immigration authorities have taken a 37-year-old Chinese national into custody in Bangkok following a multi-year search linked to an alleged transnational criminal operation. Officers from Immigration Division 3 located and detained the man, identified in Thai media reports as Wu Chaoshuai, at a luxury… Read More

October 19, 2026 @ 6:57 am By Omar Faridi  |  

Risk assets across cryptocurrency markets, Asian equities and US index futures advanced on Monday as China’s latest economic figures came in stronger than anticipated and oil prices eased. The combination helped restore investor confidence after the prior week’s technology-driven declines. Bitcoin, the leading cryptocurrency by… Read More

October 17, 2026 @ 10:12 am By Omar Faridi  |  

The People’s Bank of China granted Visa (NYSE: V) approval to begin formal preparations for a bank card clearing institution through its local subsidiary, Visa Information Technology (Beijing) Co. Ltd. The decision allows the U.S. payments company to advance toward handling renminbi-denominated card transactions inside… Read More

October 14, 2026 @ 7:09 pm By Omar Faridi  |  

New York Federal Reserve President John Williams has indicated that constraints on the supply of equipment critical to artificial intelligence infrastructure may endure beyond two years, adding to potential upward pressure on prices. Speaking in a Bloomberg interview, he observed that the intensive construction of… Read More

October 14, 2026 @ 1:06 am By Omar Faridi  |  

China’s entrepreneurial ecosystem is undergoing a rapid transformation driven by artificial intelligence, as ultra-lean “one-person companies” (OPCs) gain institutional support through specialized communities. A survey report released by a research team led by Professor Yao Jianhua at Fudan University’s School of Journalism documents this shift,… Read More

October 12, 2026 @ 5:49 pm By Omar Faridi  |  

Cryptocurrency markets are navigating a mix of tightening Bitcoin supply signals, selective altcoin strength tied to policy news, and broad volatility driven by escalating Middle East tensions. Over the past 365 days, roughly 700,000 Bitcoin have been withdrawn from centralized exchanges, according to data highlighted… Read More

October 12, 2026 @ 1:42 am By Omar Faridi  |  

On October 9, 2026, the Central Committee of the Chinese Communist Party and the State Council issued the “Opinions on Developing New Quality Productive Forces,” a policy document outlining 19 measures across areas including technological innovation, industrial upgrading, and institutional reform. Among the directives is… Read More

October 11, 2026 @ 7:39 am By Omar Faridi  |  

Robinhood Markets (NASDAQ: HOOD) and SoFi (NASDAQ: SOFI), along with Public, are offering 3% match incentives on ACATS transfers of portfolios from Webull (NASDAQ: BULL) users, with deadlines falling around mid-October 2026 and multi-year holding requirements of roughly five years to avoid clawbacks. These promotions come… Read More

October 11, 2026 @ 1:36 am By Omar Faridi  |  

Western laboratories are answering Chinese open-weight momentum and the dominance of closed frontier systems with a cluster of new releases aimed at organizations that want more control over how AI models are run. In the past week, Nvidia (NASDAQ: NVDA) backed Reflection AI and the… Read More