Elon Musk in exclusive interview with CCTV Finance: 100 billion humanoid robots could exist in 20 years

Beating AI News Flash: Silicon Valley startup AGI Inc. is selling technology similar to Doubao (the Chinese AI assistant) to smartphone manufacturers. In March this year, it announced partnerships with Qualcomm and demonstrated functions including automatic food ordering, ride-hailing, and checkout in Lenovo’s AI assistant Qira. In August, Rich Miner, co-founder of Android, joined the company as an advisor. AGI was co-founded by Div Garg, a Stanford University computer science PhD dropout. It has launched an Android app where users can say commands like “Book an Uber for me” or “Send a message to a friend”; the AI recognizes the phone screen, automatically opens the corresponding app, taps buttons, and fills in information—all without requiring dedicated APIs from third-party apps. The company also developed AGI-0, a model specialized in phone operations, and AGI-RUN, an on-device inference engine, aiming to run AI locally on phones as much as possible to reduce latency and privacy data uploads. AGI has opened the phone MCP interface, allowing agents such as Claude Code and Codex to directly operate Android devices. AGI’s business model is clear: it does not manufacture its own phones, but packages its model, inference engine, and cross-app operation capabilities to supply to smartphone makers, serving as the built-in AI operation layer for next-generation mobile systems. China’s Doubao assistant is also following this technical path, but has faced resistance from third-party apps. As of November 4, over 170 apps including WeChat, Taobao, and Meituan have explicitly refused to allow Doubao to perform operations on users’ behalf.

According to TradingBeats’ compilation of public fee rates across platforms, when calculating a single-side trade of $10,000 via a standard account, there are notable differences in transaction fees between stock perpetual contracts and stock spot markets. For stock perpetual contracts: Binance’s maker fee is 0 during its current promotional period, while the taker fee is around $4. On Hyperliquid’s trade.xyz, in markets with Growth Mode enabled, the maker fee is ~$0.3 and the taker fee ~$0.9; in standard mode, these rates are $3 and $9 respectively. Lighter Standard accounts have 0 maker and taker fees for standard orders, and the same applies to Paradex Retail orders. Aster’s RWA market has a 0 maker fee and a ~$1.25 taker fee. For stock spot and tokenized stocks: Binance’s stock accounts charge a 0.1% spread, so a $10,000 trade incurs ~$10 in costs. Among traditional brokers, calculating a purchase of 100 shares at $100 each, Futu Hong Kong’s fixed fee is ~$2.29, covering commission, platform fees, and settlement fees; Interactive Brokers (IBKR Pro) has a fixed commission of ~$1. Among other platforms, per incomplete statistics, Backpack’s stock accounts waive commissions and platform fees; xStocks trades via Kraken Pro standard accounts with a 0 maker fee; some Ondo transactions via Binance Wallet are exempt from platform service fees. The above are public trading fee rates and spread costs across platforms, excluding funding fees, execution spreads, slippage, and gas fees, which were not uniformly accounted for.

According to PeckShield monitoring, an address suspected to be linked to the UXLink hacker holds approximately $45.3 million in ETH long positions on Hyperliquid, with 21,550 ETH in positions, an average entry price of $2,134.45, and uses 15x cross leverage. The address previously received 11 million USDC from an address starting with 0x35E, and had interacted with an address marked as the UXLink hacker on August 28.

According to monitoring by OnchainLens, a wallet linked to Ma Ji received six proceeds from OpenSea sales over the past 15 hours, totaling approximately $83,880 from the sale of six Bored Ape Yacht Club (BAYC) NFTs. The latest payment, around $14,570, arrived just minutes ago. The NFTs sold include BAYC #701, #4898, #6072, #250, #1297, and #4942.

The U.S. Office of the Comptroller of the Currency (OCC) has upgraded its conditional approval for Coinbase National Trust to a full national trust bank charter. Coinbase previously obtained conditional OCC approval in April 2026, enabling it to provide federally regulated custody and payment services, though it cannot operate as a full-service bank that accepts deposits and grants loans.

Morgan Stanley's Michael Wilson said the S&P 500 correction may be nearing its end, with U.S. stocks likely positioning for a year-end rally. The U.S. benchmark index is approaching its downside target range of 7,100 to 7,300 points and is expected to rebound from this zone, Wilson noted. "Instead of waiting for a perfect bottom, we recommend increasing exposure to high-quality cyclical stocks in the coming weeks, as these stocks have seen their valuations adjust significantly while delivering strong earnings per share performance," Wilson wrote.