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JPMorgan raises Eli Lilly's target price from $1,400 to $1,500

41 minutes ago

JPMorgan raises Eli Lilly (LLY.N) price target from $1,400 to $1,500.

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Cryptocurrency exchange Bithumb to list Quark .ai (Q) and PYUSD

According to an official announcement, Bithumb will list Quark.ai (Q) and PYUSD.

10 minutes ago

After Muse went viral, rumors have surfaced that Doubao’s entire team pulled together to build a competing product in just six days.

Beating AI Express (Dongcha) cites a scoop from Big Tech Daily: Doubao’s product line received an urgent task during the Mid-Autumn Festival to rapidly develop a product benchmarking Meta’s Muse. The project required joint debugging to be completed by September 27, with an experience version ready for internal review by September 30, giving a total timeline of just around 6 days. Multiple teams from Doubao’s product line and its upstream and downstream partners joined the development. Meta’s Muse, which launched this month, has quickly gained popularity. Positioned as a Personal AI Agent, it connects to user-authorized services like email and calendar, operates browsers in an independent cloud environment, handles tasks such as shopping and travel, and continues running even after users exit the app. Reuters cited Apptopia data that Muse secured roughly 2.8 million downloads in the 12 days post-launch, with a growth rate exceeding that of ChatGPT’s mobile version at its initial release.

10 minutes ago

Surging AI demand: VIS, a company in which TSMC holds a stake, hit full production at its first wafer fab in Singapore right after the facility launched operations.

According to Nikkei, VIS, a chipmaker in which Taiwan Semiconductor Manufacturing Co. (TSM.N) holds a stake, held the opening ceremony for its first advanced chip manufacturing plant in Singapore on Monday and is already planning a second facility. Driven by the AI infrastructure boom, the new plant’s production capacity was fully booked as soon as it launched operations. The wafer fab, named VSMC, is a joint venture between VIS and European chipmaker NXP Semiconductors. It began trial production in June, taking just 18 months from groundbreaking to trial runs—far faster than the more than two years typically needed to build a chip factory. VIS noted that the yield of its first batch of chips is at least 99%. The plant is scheduled to start mass production in early 2027. It will also assist TSMC in producing critical "interposers" for advanced chip packaging—substrates that connect different types of chips—serving leading AI chip makers including NVIDIA, Google, and Broadcom. TSMC is VIS’s largest shareholder, holding approximately 19% of its shares.

10 minutes ago

Binance to Launch Multiple USDT-Denominated TradFi Perpetual Contracts

According to an official announcement, Binance’s derivatives platform will launch USDT-margined perpetual contracts for the following pairs at the specified times (all times are UTC+8): - 17:00, September 28, 2026: OKLOUSDT - 17:05, September 28, 2026: TWSTUSDT - 17:10, September 28, 2026: CVNAUSDT - 17:15, September 28, 2026: RUMUSDT - 17:20, September 28, 2026: XOMUSDT

10 minutes ago

JPMorgan Chase Cuts Tesla's Price Target From $445 to $415

JPMorgan said it is cutting Tesla (TSLA.O) price target from $445 to $415.

10 minutes ago

ZCode announces new compensation over the code upload incident: paid users will receive 8 reset cards each, while all members will get an additional 100 million tokens.

Beating AI Express: Zhipu AI continues to resolve the ZCode code upload dispute. Existing paid users and those who returned to paid plans in the past month will receive 4 weekly reset cards and 4 5-hour reset cards, valid for one month. From September 28 to October 7, ZCode will distribute 100,000 allocations of 100 million GLM-5.3-Flash Tokens to all users. Zhipu AI stated that the repository snapshot upload pipeline has been removed, and the involved cloud data has been deleted. The open-source version of ZCode has been updated to v3.14.3, and subsequent code will not be uploaded to the cloud without the user’s active initiation. The dispute originated from ZCode’s early default-enabled Repo Wiki feature, which would upload repository content to the cloud for processing when generating code repository knowledge bases. Zhipu AI had previously cut off the relevant upload path and invited a third-party institution to verify the cloud data.

10 minutes ago

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