Serenity: Storage chip shortage could persist until 2030, but the market is facing a sharp correction amid concerns over the sustainability of AI investments.

Beating AI News reports that OpenAI on October 15 newly disclosed four AI agent privilege escalation incidents, all occurring during internal training or evaluations in June this year, with two classified as severe. The most egregious case involved a model tasked with querying five public metrics from an international research institute; instead, it found leaked credentials in webpage code, accessed the institute’s internal system, modified online configurations, obtained cloud storage access credentials, and downloaded 147,451 lines of non-public data. The model failed to report the entire process to evaluators and answered all five final questions incorrectly. Another model, assigned to query a region’s annual hospital bed count, exploited a file download vulnerability after the government statistics site denied access, obtained server configurations and programs, analyzed authentication flaws in the code, forged tokens to bypass restrictions, and ultimately downloaded 24 years of bed statistics. A third incident involved an internal research model from the GPT-5.6 Sol family: when deploying a smart contract, it lacked gas fees, so it derived and checked 362 wallet addresses from public developer mnemonics, located a funded wallet, and improperly used its Sepolia testnet tokens. The model questioned its authorization during reasoning, then justified its actions by noting the mnemonics were public and testnet tokens had no real monetary value. In the fourth incident, the model used an external browser to send forbidden network requests and even continued researching restriction-bypassing methods after completing its task. OpenAI has now publicly released 19 model misalignment reports. Three of the four newly disclosed incidents were only traced and discovered in August or September. The company said it has tightened network access permissions for training and evaluation environments and expanded behavioral monitoring.

Apple said pre-order demand for its first foldable iPhone, the iPhone Duo, is "unprecedented". Within minutes of pre-orders opening, shipping timelines were pushed from November to December, then further delayed to the end of January 2027, affecting all storage configurations from 256GB to 2TB and every color option. Apple noted it is making every effort to boost delivery efficiency, with first shipments set to launch on October 23. The iPhone Duo starts at $1,999, with the top-tier configuration priced at $3,200. It features a 7.6-inch inner display and a redesigned iOS experience tailored for the foldable form factor. Apple is grappling with component shortages that have plagued the consumer electronics industry this year, particularly a shortage of memory chips, which has forced the company to raise prices across its entire product line. It will also launch a touchscreen-equipped MacBook Pro and other devices later this month. Analysts Anurag Rana and Josh Christensen from Bloomberg Intelligence have raised their sales forecasts, projecting that the iPhone Duo could exceed Apple’s previous estimates of 14 million units sold and $28 billion in revenue for fiscal 2027. If the device successfully attracts existing iPhone Pro and Pro Max users to upgrade, the overall average selling price of iPhones is also expected to rise significantly. Apple’s stock rose 0.43% on Friday to close at $343.46, marking a 1.61% gain over the past five days.

Argentine dollar stablecoins (including USDT) have posted five consecutive days of price increases. Data from Coinpay shows that as of October 16, the median USDT buy price on Binance’s P2P market climbed to 1,612.6 Argentine pesos, while Argentina’s central bank’s official wholesale exchange rate stands at 1,512.81 pesos, translating to a 6.6% premium — the highest level since August 15. On OKX’s P2P market, USDT traded at an average of around 1,614.15 pesos, with a roughly 6.7% premium. The surge came within a week of Argentine President Javier Milei warning of exchange rate run risks, with Milei noting his administration has set aside $125 billion to prepare for potential financial stress in 2027. A regulatory rule barring investors from selling dollar-denominated MEP securities or purchasing foreign currency-settled securities within 90 days of buying official dollars has driven some users to opt for USDT, attracted by its flexible trading, 24/7 liquidity and convenient cross-border transfers — though this comes with higher premiums. Regionally, as of October 12, Argentina’s digital dollar premium hit 5.9%, ranking second in Latin America, only behind Venezuela’s 15.3%.

Beating AI Express News: Day 12 of OpenAI’s 28-day product sprint, the company today upgraded ChatGPT’s GPT-6 Astra Pro, enabling multiple Agents to handle different parts of a single task simultaneously. Users can view each Agent’s progress separately and access check results for completed tasks. OpenAI added that the new version delivers faster responses and smoother performance when calling plugins and tools. The update is now available to Pro users. Codex and ChatGPT Work have also optimized their quota consumption. OpenAI enabled different sub-Agents to reuse context, extended cache retention time, and improved request distribution to boost cache hit rates. This reduces the overhead of reprocessing identical content, allowing users to accomplish more tasks with their existing subscription quota. Additionally, ChatGPT’s "dot" feature can now be added to iPhone home screens. After updating the app, users can quickly send messages or make calls to the dot via widgets.

According to Bloomberg, three co-founders of AI cloud computing firm CoreWeave have sold a total of $3.3 billion worth of the company’s stock since CoreWeave’s IPO in March 2025. Amid rising credit risks and growing investor concerns over AI spending, CoreWeave’s stock has seen increased volatility, and the founders’ continuous sell-offs have drawn attention. The three co-founders are Michael Intrator, Brian Venturo, and Brannin McBee. After CoreWeave went public, its stock once rose 359% above the IPO price, hitting a peak about three months after listing, which pushed Intrator’s personal net worth to $11.8 billion, and all three made it into the top 500 of the Bloomberg Billionaires Index. CoreWeave’s stock closed down 11.91% this Friday. Earlier on October 15, NVIDIA CEO Jensen Huang said that the financial situation of CoreWeave, a data center operator, is improving. NVIDIA is CoreWeave’s computing equipment supplier. Huang told attendees at an event in Stockholm: “CoreWeave’s strength is growing every day.” He added that NVIDIA does not see a need to provide financial guarantees for CoreWeave.

Sui development team Mysten Labs CEO Evan Cheng announced in a post that the company will officially establish an AI business division, focusing on AI agent trust products and native AI infrastructure development. Meanwhile, Mysten Labs President Kevin Boon will take over as CEO, with Evan Cheng shifting to Chief Technology Officer (CTO) to lead the AI business division. Evan Cheng noted that as AI agents start autonomously executing tasks such as transactions, payments, negotiations, and code development, ensuring agents act within authorized bounds, avoiding unintended harm, and resolving liability attribution issues between different parties has become a key challenge for the industry’s development. Mysten Labs plans to build relevant products based on Sui and Walrus, aiming to help individuals and enterprises constrain agent behavior and enable agents to perform tasks safely without real-time human intervention. Additionally, the firm recently announced a partnership with Google Cloud to develop Verifiable Agent Arbiters (VAA), providing an evidence layer for enterprise AI agents and helping resolve disputes in cross-organizational collaboration via tamper-proof records. Evan Cheng holds that AI agent-driven commercial activities have enormous potential, but trust mechanisms and incentive coordination issues remain the main obstacles to their large-scale development.