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On November 12, at the Baidu World 2026 Conference, Baidu released the Tianchi 1024 card super node, which is planned to be launched next year. This super node uses optical engine technology to achieve full optical interconnection, supports collaboration of 1024 cards, with inter-card bandwidth increased by 3 times compared to the previous generation, training performance improved by 2.5 times, and inference performance enhanced by 3 times.The accompanying G3.5 KV Cache video memory acceleration cabinet can double the long context inference performance, reduce the first token waiting time by 90% in multi-turn dialogue scenarios, and increase overall throughput by 7 times. A single super node can support the training of large models with 50 trillion parameters, and can be scaled up to a cluster of 500,000 cards.This product was originally scheduled for release in 2028, but this announcement has moved the timeline forward by a year. On the same day, Baidu founder Robin Li revealed that the flagship Kunlun chip model M300 will also be launched next year.

According to the Science and Technology Innovation Board Daily, at the opening ceremony of Baidu World 2026, Baidu founder Robin Li stated that the iteration speed of models is very fast, with more than one new model released almost every day in the first nine months of this year. At the same time, the demand for model invocation has experienced a huge explosion, leading to the emergence of a batch of token transfer stations. To this end, Baidu launched the large model trading platform, Token Exchange.Robin Li stated that Token Exchange is a marketplace for large models, aiming to gather high-quality models and model providers, allowing enterprises and even individuals to easily find, purchase, and use reliable model tokens. Since its launch a month ago, over 100 supply resources have settled in Token Exchange, with an average daily invocation exceeding 50 million times and an average daily token invocation surpassing 700 billion.

According to screenshots circulating on social platform X, the official X account of the digital asset trading platform Websea once posted an accusatory tweet, publicly accusing the company's owner and CEO of withholding employee salaries and reimbursements, which was later deleted.The content of the screenshot shows that the poster claims employees have dedicated time and effort to the company but have not received basic salaries and work reimbursements, and alleges that the company has seemingly stopped normal operations, with management failing to provide a clear payment arrangement. The poster demands that the owner and CEO of Websea respond directly to the issues of unpaid salaries and reimbursements, publish a clear and credible payment schedule, and settle all outstanding employee payments as soon as possible, while also calling for industry attention to this matter.

According to IT Home, Baidu's Wenxin large model has released ERNIE 5.5 Flash Preview, which is the first post-training version based on the previously released Base model. This model has a total of 280 billion parameters, with 14 billion active parameters, and supports 1 million contexts. The official claims it performs excellently in programming, 3D modeling, knowledge work, content creation, and more.ERNIE 5.5 Flash Preview balances intelligence level and inference efficiency, achieving competitive scores in multiple benchmark tests while maintaining a fast decoding speed. The model API has been launched on the Qianfan platform, and the weights will be open-sourced before November 25.Baidu stated that this model is an intermediate version in the post-training process. Although it has achieved competitive performance among models of the same size, there may still be some capability deficiencies due to insufficient training. Post-training is still ongoing and will be optimized in the subsequent official version.

According to The Block, Hunter Biden, the son of former U.S. President Joe Biden, stated that after the Democratic Party won control of both the House and Senate, the LAPTOP token has destroyed 5.5% of its supply.Hunter Biden mentioned that this destruction triggered two of the thirty predictive conditions designed for the token. The total amount destroyed currently stands at 17.65%, but the token dropped 13% today, to $0.035.

The New Zealand FMA plans to exclude eligible New Zealand dollar-backed stablecoins from the classification of financial products, with the consultation closing on December 18.

After the exposure of Jensen Huang's infidelity, U.S. President Trump was asked whether he planned to bring Jensen Huang along on his upcoming trip to Asia. Trump responded that he was not sure yet but would be willing to take Jensen Huang with him.

According to Jinshi Data, U.S. President Trump stated to CBS that he may make adjustments to his administration.

According to the "Science and Technology Innovation Board Daily," the artificial intelligence company DeepSeek has once again experienced issues with its chat function, with the chat interface temporarily displaying "Server busy, please try again later." The official status page indicates that starting from 15:11 today, there have been partial interruptions to the website and API, and the official team is investigating the issue to identify the cause.The affected services include the chat service, DeepSeek V4 Pro API service, and DeepSeek V4.1 Flash API service. The latest update on the DeepSeek official website states that the interruption issue has been addressed, and they are currently monitoring the effectiveness of the fix.

On November 4th to 5th, the Enforcement Directorate (ED) Bangalore division conducted searches at three locations related to CoinDCX and Delta Exchange under the Foreign Exchange Management Act (FEMA 1999). The ED accused the two platforms of engaging in large-scale unauthorized cross-border financial transactions involving cryptocurrency derivatives and RWA token trading, with the scale of related cross-border transactions reaching hundreds of billions of rupees.

According to the "Regulations for the Operations of Non-Security Virtual Assets in Nigeria" published by the Central Bank of Nigeria (CBN) on November 5, 2026, the CBN will regulate non-security virtual assets and stablecoins used for payment, settlement, and exchange purposes, while securities will still fall under the jurisdiction of the Securities and Exchange Commission (SEC).Foreign currency-pegged stablecoins (Class 2) must be issued by locally licensed entities in Nigeria, with a minimum paid-up capital of 15 billion Naira (approximately 11.16 million USD); the minimum for Naira-pegged Class 1 issuers is 10 billion Naira; entities providing other non-security virtual asset services must have at least 1 billion Naira in capital, and those already holding an SEC license cannot double count towards CBN capital requirements.P2P business facilitated by platforms must obtain special approval from the CBN, and before releasing or crediting regulated tokens, the names on the Naira payment accounts must be verified to match the Bank Verification Number (BVN). Categories such as algorithmic stablecoins are prohibited, and the boundaries of responsibilities between CBN and SEC are defined.

After the midterm elections, U.S. President Trump made two contrasting posts on Truth Social amid the sharp fluctuations in the U.S. stock market. On November 4th at noon local time, he stated that the stock market reached a historic high again, with 91 trading days breaking records in a short period, and wrote, "Your 401(k) is skyrocketing, all records."About a day later, on the evening of November 5th, on a day when the Dow Jones fell about 3.44%, the S&P 500 dropped about 4.36%, and the Nasdaq fell about 5.52%, he posted again stating, "The stock market experienced one of the worst trading days in history due to the election results," and emphasized, "It's not the Republicans, it's the dumb Democrats (Dumocrats)," while also advising not to panic, saying it would "become stronger than ever in some way." That evening, he made another post stating, "The stock market crashed today because the Democrats won big on Tuesday... you can only blame yourselves."

Baidu has open-sourced the ERNIE-5.5-Flash-Base model weights. Following the release of the ERNIE 4.5 series in June 2025, Baidu has once again open-sourced a large model with hundreds of billions of parameters after approximately 16 months, during which the ERNIE 5.0 and 5.1 versions were not open-sourced. The ERNIE 5.5 Flash focuses on inference efficiency, with a total of 280 billion parameters, activating only 14 billion parameters for each generated token, and using 33.5 trillion tokens for zero pre-training.This model supports a maximum inference context of 1 million tokens. Baidu has redesigned the long text processing mechanism, with 37 out of 43 layers compressing every 128 historical tokens into a single cache record, while the remaining 6 layers retain fine retrieval capabilities for the original content, reducing the memory and computational overhead of long text processing. The official evaluation was conducted in conjunction with DeepSeek-V4-Flash-Base, Tencent Hy3-preview-Base, and Xiaomi MiMo-V2.5-Base, ranking first in 24 out of 30 benchmark tests.What is being opened this time is a pure text Base model that has not undergone intermediate training or post-training, mainly for developers to continue domain fine-tuning, instruction training, and reinforcement learning. Baidu stated that the post-trained ERNIE 5.5 Flash will be released subsequently. The license is stricter than the previous generation; the ERNIE 4.5 used the Apache 2.0 protocol, while 5.5 Flash has switched to a custom license that does not authorize use in the European Union, the United Kingdom, and South Korea; for related products or services that have generated over 50 million dollars in revenue in the past 12 consecutive months, separate written authorization from Baidu must be obtained before commercial use.

According to Axios Pro, informed sources say that the real-time on-chain security and threat prevention platform Blockaid has secured a $40 million investment commitment, which occurred within days following the $6.3 billion hacking incident at Binance.Axios Pro states that this largest cryptocurrency theft in history is driving new investments in cryptocurrency security.

According to "Du Jia," Baidu recently launched an open model service platform called "Word Element Institute" aimed at developers, enterprise clients, and model suppliers. It is positioned as a matchmaking trading platform connecting model suppliers and consumers, gathering 42 large models, covering text and video models such as DeepSeek, Kimi, and Zhipu GLM. Developers can connect to the Word Element Institute API once to switch between models from multiple vendors and be billed based on usage.The same model can be accessed by multiple suppliers. The platform displays pricing, initial token latency, throughput speed, 7-day success rate, and historical call volume, and supports both OpenAI and Anthropic protocols. Taking DeepSeek-v4.1-flash as an example, the platform connects to 6 suppliers, marking the price savings ratio on the page, while also displaying context window, launch time, deployment region, and supplier credit evaluation.The platform ranking is based on real call data and can be viewed for the last 24 hours, last 7 days, and last 30 days. Screenshots show a total of 398 million calls in the last 7 days, with a total token volume of 51.336 trillion, involving 68 ranked model resources, and an average initial token latency of 290 milliseconds. DeepSeek-v4.1-flash ranks first in both call volume and token usage. Participating suppliers include Bochuan Technology, Infinite Mind, Star Hub Word Element, and Zhipu Original Factory, with the platform showcasing resources and supplier information through credit evaluations and blockchain proof.

Market strategist James Owyhee stated in a report that the U.S. stock market's reaction to the midterm election results may depend less on which party wins and more on how much the final outcome differs from investors' prior pricing expectations. Owyhee noted that regardless of the election results, a clearer political landscape is expected to alleviate some of the uncertainties currently suppressing market sentiment.If the Republican Party performs better than expected, related industries that support policy continuity may be boosted. The divergence in priorities between the White House and Congress may slow down the legislative process but could also limit large-scale policy adjustments. He also pointed out that the Texas gubernatorial election is worth watching, as the state is increasingly becoming a popular destination for artificial intelligence data center investments.

On November 3, regarding recent market rumors about a possible delay in the listing time of Kunlun Core, Baidu responded: The related market rumors and reports are not true.Baidu stated that its AI chip company Kunlun Core is currently in the confidential declaration stage. According to regulatory requirements, the company cannot disclose any significant non-public information, including the progress of the listing process, and will make announcements to the public at an appropriate time in the future.

The Ethereum Foundation stated that its technical core team is collaborating with humanitarian organizations to develop a proof of concept for a humanitarian aid coordination network based on Ethereum, combining decentralized identity with privacy payment rails.The solution utilizes technologies such as ERC-4337, privacy addresses, and Semaphore to keep personal data off-chain and verify credentials through zero-knowledge proofs without exposing the issuer; the relevant solution has completed performance testing on low-end Android devices, and the code has been open-sourced on GitHub.

Metaplanet announced that it has fully repaid in advance the 20th issue of ordinary bonds issued to EVO FUND, with a principal amount of 8 billion yen, originally due in April 2027.The company also adjusted the fundraising purpose of the 27th issue of stock acquisition rights, reallocating the 8 billion yen originally intended for bond repayment to Bitcoin purchases, increasing the planned amount for this purpose from 25.422 billion yen to 33.422 billion yen; the planned amount for Bitcoin revenue business remains at 3.714 billion yen.

Security company Blockaid has detected that Premia Labs' protocol on Arbitrum is undergoing a sustained attack. The attackers are locking the vault's collateral in the relevant pools by creating empty options pools, using flash loans, and purchasing options, and then extracting assets in the form of liquidity.As of the time Blockaid released the news, the attackers had transferred approximately $400,500 in assets from the vault through about 2 transactions, and the attack is still ongoing.