Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has deleted its tweet about its partnership with Trade.xyz, while retaining the related retweet.

Beating AI News Flash, according to Bloomberg, OpenAI CEO Sam Altman met with approximately 50 Samsung Group executives in South Korea on October 31 to discuss deepening cooperation in memory chips and AI infrastructure. Attendees represented Samsung’s business units spanning electronics, finance, and biotech, with topics ranging from AI’s impact on industries, corporate decision-making, and business opportunities over the next decade. The meeting takes place against the backdrop of a global memory chip shortage and ongoing price hikes, as surging demand from data center operators further fuels competition for chip supplies. The world’s top five AI infrastructure players are set to invest over $3 trillion in the coming years, with memory chips making up around one-third of data center expenditure. The gathering also follows the pair’s previously announced partnerships, including supplying memory chips for OpenAI’s Stargate infrastructure project and co-developing AI data centers, with initiatives such as offshore floating data centers included.

Crypto trader Ansem posted that the crypto market may have peaked earlier than the US stock market in this cycle. If the recent rebound is merely a counter-trend rally and the US stock market has only just begun a larger correction, the crypto market could still face a new round of decline. Ansem noted that risk appetite in this cycle has been largely driven by AI and US stock market performance, so it is worth considering the possibility that the crypto market and traditional stock markets do not peak at the same time. However, he is not certain the market will necessarily follow this scenario, remains open-minded, and is monitoring price reactions as both assets approach key levels. He also added that even if the crypto market and US stocks continue to fall in the short term, Bitcoin could bottom earlier than the broader stock market.

In response to external interpretations of his earlier comments about SpaceX holdings as an attempt to pressure Elon Musk, Binance founder Changpeng Zhao (CZ) issued a clarification, stating he never intended to sell his SpaceX shares nor had any motive to threaten anyone. CZ explained that referencing Binance’s SpaceX stake was to address discussions comparing Binance to FTX and questioning its financial standing, to show that Binance holds assets beyond cryptocurrency, not to pressure Musk. He stressed that Binance’s SpaceX holding is just a "drop in the bucket" relative to SpaceX’s total size, so it could never constitute a threat, and called SpaceX a high-quality stock worthy of long-term investment. Earlier, CZ had publicly disclosed that Binance invested $500 million when Musk acquired Twitter, and its current SpaceX stake is valued at over $1 billion. In response to Musk’s teasing, CZ previously said he hoped Musk would offer some support during Binance’s challenging period.

StonkFun announced that its website has resumed access. The team previously voluntarily took the site offline and migrated it to new infrastructure. All on-chain functions are currently operating normally, and no user impacts have been identified by the team. The official noted that some networks may take up to one hour to sync domain changes, advising users to wait one hour before connecting their wallets via the website.

Beating AI News Flash: OpenAI’s 28-day product sprint is now on Day 26. ChatGPT now supports fast account switching on iOS and Android, eliminating the need to repeatedly log out, with up to two accounts able to be logged in simultaneously. Chat history, memory, and subscriptions remain separate, and the desktop version will roll out the feature soon. Tibo also teased in advance that a "banked reset" (rollover credit reset card) will be offered in the final two days. Unlike the previous global reset that directly refreshed the quota, this reset opportunity will be stored in users’ accounts, allowing them to use it manually when their quota is nearly exhausted.

Alphabet, Meta, Microsoft, Amazon, and Oracle—five major tech giants—have pledged to invest more than $3 trillion over the coming years in AI infrastructure development, covering data center leasing, construction, energy, and equipment procurement. Among them, Google (a subsidiary of Alphabet) disclosed related spending pledges exceeding $1 trillion, nearly eight times higher than a year prior; Meta’s future spending commitment stands at over $800 billion, with slightly less than half coming from unlaunched data center leases, and payment terms extending up to 30 years. Data shows the five companies’ combined future leasing commitments total around $1.3 trillion, while other procurement pledges add up to roughly $1.9 trillion. However, disclosure standards vary across firms: some pledges also involve content licensing, consumer hardware, and other business lines, so not all can be classified as data center expenditures. Whether AI infrastructure investments will generate corresponding returns has become a key market focus. Large tech firms like Alphabet and Meta are facing pressure on free cash flow, while Oracle has already slipped into negative free cash flow due to AI data center investments. It plans to reduce upfront costs via supplier financing and customer prepayments, targeting a return to positive free cash flow by 2028.