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Broadcom is seeking to secure more than $50 billion in financing for the chips required by OpenAI.

2026.10.08 08:00:03

Oracle, Broadcom, and SpaceX are seeking debt agreements for AI chips. Broadcom is working to arrange over $50 billion in funding for chips required by OpenAI. Oracle is in discussions with Apollo and Goldman Sachs over chip financing, aiming to finalize a chip deal by 2026. Recently, the Financial Times reported that SpaceX is seeking $40 billion in financing to purchase Nvidia chips. SpaceX plans to raise around $10 billion in bank loans, plus $30 billion in investment-grade bonds.

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"Maji’s Ethereum long positions have floating profits exceeding $70,000, and he sold two BAYC via OTC."

According to TradingBeats monitoring, crypto entrepreneur "Big Brother Ma Ji" Huang Licheng has repeatedly bounced back despite setbacks. His address was liquidated 8 times in a row during the previous market downturn, with his Hyperliquid account balance dropping to just $1.5 at one point. On the afternoon of October 30, he recharged 250,000 USDC to open long positions: his 25x leveraged Ethereum long position currently has an unrealized profit of over $70,000, with a position size of 2,925 ETH and a liquidation price of $2,219.36; his 10x leveraged HYPE long position has an unrealized loss of $12,000, with a position size of 4,250 HYPE and a liquidation price of $56.4016. In addition, he sold BAYC #950 and BAYC #5310 via an over-the-counter (OTC) platform.

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OpenAI officially announced it will merge ChatGPT and Codex usage quotas in December: regular chat users will now have to compete for programming quota, except for the Instant plan.

Beating AI Express, Insight: The shared quota rules previously unearthed from ChatGPT's subscription page by "Bald Guy" Tibor Blaho have now been officially confirmed. OpenAI's latest help documentation clarifies that starting December, ChatGPT and Codex will share a single quota for Plus, Pro, and Business users, while ChatGPT Work's Agent capabilities will be integrated into the regular chat interface. Moving forward, usage will be uniformly calculated based on tokens, with stronger models and more complex tasks typically consuming more quota. However, Instant mode chats will not draw from the shared quota. Users can view their remaining quota and reset time in settings. Ironically, shortly after OpenAI announced doubling quotas for Pro and other plans, it confirmed merging chat and programming services into the same quota pool. The company also reassured users that most will not run out of quota more frequently than they currently do.

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South Korea's chip exports surged 259% in October, with export value rising 93.7% year-over-year.

Driven by the ongoing artificial intelligence boom, South Korea’s exports continued to post strong growth in October, further boosting the export momentum of its trade-reliant economy. Data released Sunday by South Korea’s Ministry of Trade, Industry and Energy shows that, adjusted for working-day differences, October’s exports rose 76.1% year-on-year to $115.3 billion, below the previous month’s record of $121.1 billion. Unadjusted figures show October exports jumped 93.7% year-on-year, imports rose 36%, resulting in a trade surplus of $42.5 billion. South Korea’s revised year-on-year export growth for September was 83.7%. The sustained strong exports have further reinforced market expectations that the Bank of Korea will raise interest rates this month. Semiconductors remain the main driver of export growth: in October, South Korea’s chip exports surged 259% year-on-year to $56.4 billion, computer exports rose 497%, while petroleum products and auto exports increased 80% and 18% respectively. (Jinshi)

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Binance: Has covered the $6 billion loss from this theft incident.

Binance has released its latest progress update, stating that it has covered the $6 billion loss caused by the recent security incident. Earlier reports noted that approximately $6.3 billion in funds were impacted by Binance's security incident.

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Ethereum’s rebound momentum is stronger than Bitcoin’s, with the ETH/BTC exchange rate rising 0.79% over the past 24 hours.

According to HTX market data, Ethereum’s rebound sentiment was stronger than Bitcoin’s over the past 24 hours. The ETH/BTC exchange rate rose 0.79% to 0.02921. Ethereum is currently trading at $2,273, with a 24-hour gain of 1.28%; Bitcoin is at $77,816, up 0.51% in the same period. The total market capitalization of cryptocurrencies has rebounded to $2.705 trillion, with a 24-hour increase of 0.2%, and 24-hour trading volume stands at $682.063 billion.

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Two cross-chain bridges in the SOON ecosystem have encountered abnormal withdrawals, and the project’s official has suspended services and launched an investigation.

SOON Foundation announced that abnormal withdrawal activities were detected on two cross-chain bridges—svmBNB and SOON Mainnet—at approximately 11:00 UTC on October 31, 2026. The foundation identified the anomaly at 14:00 UTC the same day and immediately shut down the affected bridge services. Officials noted that the cross-chain bridges have now been secured, and an in-depth investigation is underway. Until the probe is completed, both bridges will remain suspended, with additional updates to be released as the investigation progresses. The announcement has not yet disclosed the scale of assets involved in the abnormal withdrawals or specific losses.

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