North Korea today simultaneously denied any involvement in last year's Bybit hack, implying the United States was the mastermind behind the incident.

Beating AI News: As tech stocks plunged last week, large institutional investors planning to participate in Anthropic’s IPO have begun demanding a lower valuation, targeting a range of $1.5 trillion to $1.6 trillion. Investors are concerned about overheating in AI investments, headwinds in data center construction, and delayed profit realization from massive computing power outlays. Anthropic has not yet finalized its valuation or share count for the offering, and plans to launch its roadshow as early as next week, targeting a listing in the week of November 16. Some investors are pushing for conservative pricing to leave room for the stock to rise on its first day of trading. On November 2, Anthropic filed an updated S-1/A registration statement with the U.S. Securities and Exchange Commission (SEC), disclosing total contracted commitments for computing power and infrastructure of approximately $895.4 billion, covering cloud computing procurement, data centers, equipment leasing, and related areas. Of that total, around $447.5 billion is expected to be incurred by the end of 2030, with most of the remainder extending through 2045. Over the next 12 months alone, the company faces approximately $69.8 billion in contractual payment obligations. Anthropic’s third-quarter revenue hit $16.956 billion, rising around 47% quarter-over-quarter, though its second-quarter quarter-over-quarter growth rate had reached 144%. Operating profit shifted from a $974 million gain in Q2 to a $567 million loss in Q3. The company attributed the Q3 loss to several factors: roughly $5 billion in computing power sourced from pricier short-term contracts, about $2 billion in non-cash employee donation matching expenses, and around $6 billion in revenue growth offset by new model price cuts and client agreement discounts.

According to a source, NVIDIA CEO Jensen Huang has expressed support for the major deal between Marvell and Lumentum. Marvell Technology announced an all-stock acquisition of optical component maker Lumentum worth around $115 billion, marking one of the largest tech mergers and acquisitions in recent years. Each of the two companies had previously secured a $2 billion strategic investment from NVIDIA.

According to Lookonchain's monitoring, a whale address has recently aggressively gone long on crude oil, opening long positions totaling over $147 million. The positions include 868,840 Brent Crude (BRENTOIL) contracts valued at approximately $91 million, and 580,960 U.S. Crude (CL) contracts worth around $56.1 million.

A whale just opened over $147M in #oil long positions! 868,840 $BRENTOIL ($91M) 580,960 $CL ($56.1M)

Beating AI News (from Dongcha) reports that QuestMobile’s latest ranking shows Qianwen App’s monthly active users (MAU) hit 158 million in September 2026, surging 5077% year-over-year to rank first in growth rate among all apps with over 100 million MAU. Among China’s native AI app rankings, Qianwen takes second place, surpassing DeepSeek’s 123 million MAU, though it still lags far behind top-ranked Doubao’s 419 million MAU. This growth is fueled by Alibaba’s large-scale promotion efforts. Last November, Tongyi App was renamed Qianwen. During this year’s Spring Festival, Alibaba launched a 3 billion RMB free-order campaign allowing users to order milk tea and takeout directly via AI; the campaign link went viral on WeChat groups, and the system experienced lags due to surging traffic. QuestMobile data shows Qianwen’s daily active users (DAU) jumped from around 7.06 million to 58.48 million on the campaign’s first day. However, the 5077% growth rate is distorted by last year’s low base: reversing the year-over-year data, Qianwen’s MAU in September 2025 was only around 3.05 million. This year, Qianwen’s MAU reached 166 million in March, rose to 167 million in June, but fell to 158 million in September, a 5.4% drop from June.

Bitget has launched two stock perpetual contracts: LNG (Cheniere Energy) and MO (Altria Group). The contracts are settled in USDT, support up to 20x leverage, and offer 24/7 trading. As of now, Bitget supports a total of 394 stock contract underlyings.