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Reuters quoted The Information's report stating that the Chinese government has signaled that it may allow some domestic companies, such as ByteDance and Alibaba, to purchase chips from Nvidia designed for high-end professional computers. The Information cited two informed sources saying that the Ministry of Industry and Information Technology recently requested companies, including ByteDance and Alibaba, to report their plans to purchase Nvidia RTX PRO 5500 chips and informed some companies that the government intends to approve these purchases.Some industry executives expect that the RTX PRO 5500 could bypass U.S. export restrictions. Reuters stated that it could not immediately verify the above report. A spokesperson for Nvidia responded that U.S. companies are still subject to outdated U.S. export controls as well as China's import restrictions on the U.S., with the relevant export controls covering gaming products released nearly five years ago. Alibaba and ByteDance did not immediately respond to requests for comment, and Reuters was also unable to reach the Chinese government for comment.

According to reports from the investment community, ByteDance has hired former Coatue China head Kai Jiang to join its financial investment team based in Hong Kong, reporting to ByteDance CFO Gao Zhun. Kai Jiang previously led investments in Asian technology and consumer sectors at Coatue, participating in projects such as Zhiye Bang, Kuaikan Manhua, and CertiK.The report states that ByteDance's financial investment business has not been interrupted but will shift towards a more prudent approach, focusing on returns and core sectors. Recently, ByteDance has invested in companies such as Shengshu Technology, Yingmou Technology, and Ziwenti Robot, covering areas like embodied intelligence, AI infrastructure, and 3D generation. This move is seen as a watershed moment for ByteDance to reactivate its external investments in the AI era.

Federal Reserve Chairman Waller stated that he would not disclose details of the Federal Open Market Committee's future interest rate decisions and emphasized that he is not responsible for providing forward guidance.Waller mentioned that today's rate hike decision was made after careful consideration, not driven by the market, but based on an assessment of the current situation, employment trends, and economic strength.

According to the FCA official website, the Financial Conduct Authority (FCA) of the United Kingdom has released new guidance on the regulation of crypto assets to help businesses understand the scope and authorization requirements of the future crypto asset regime in the UK. This regime will officially take effect on October 25, 2027, and the application channel for authorization will open on September 30, 2026.The guidance covers activities such as issuing qualified stablecoins, operating crypto asset trading platforms, trading and matching, crypto asset custody, and staking arrangements. FCA Executive Director David Geale stated that this guidance aims to provide clarity for businesses so they can confidently prepare for regulation. The government has also made targeted amendments to relevant laws, introducing certain exemption clauses and further clarifying provisions for specific technology service providers. The FCA will launch a special consultation in October regarding the aforementioned legal changes, involving topics such as qualified stablecoins, proprietary trading and market making, decentralized protocols, and financial promotions.

Zhipu stated in a conference call with analysts and investors that it has signed revenue-sharing agreements with several leading domestic and international cloud service providers, and the related revenue will start to be recognized from October.The cooperation model involves providing services for the GLM series of open-source models in the form of hosted APIs on overseas cloud platforms. Currently, the company's total business ARR has reached 1.8 billion USD, and the year-end ARR guidance has been raised from 2.4 billion USD to 3 billion USD.

According to the Bloomberg Billionaires Index, ByteDance founder Zhang Yiming has become the richest person in Asia for the first time with a net worth of over $105 billion, surpassing Indian billionaire Gautam Adani.At 43 years old, Zhang Yiming's wealth has increased eightfold from $13 billion when Bloomberg began tracking in March 2019. He previously faced a regulatory battle that nearly led to TikTok being banned in the United States.

According to foreign media reports, due to increased investment in the field of artificial intelligence, ByteDance's net profit in the first half of 2026 decreased year-on-year, with the net profit margin dropping to approximately 16.7%. During the same period, revenue grew by 30% year-on-year, and the proportion of overseas revenue reached a new high. ByteDance did not comment on the above data.Earlier reports indicated that ByteDance's net profit margin for 2023 was 26%, and for 2024 it is expected to be 21%. Douyin still contributes the majority of revenue, but overseas revenue from TikTok has accounted for over 30% of total revenue. In 2025, overseas revenue is expected to grow by nearly 50%, while domestic revenue is about 20%, with the overseas proportion rising from 25% in 2024 to over 30%.The report stated that ByteDance has independently developed large language models and video models, operates Doubao, and expands its AI cloud business, with the Seedance video generation model being in the top tier of the global AI video market. The company recently obtained approximately $30 billion in loans from banks. Alibaba is seeking to raise about $10 billion through a stock placement, while Zhipu AI is launching a total of $5 billion in equity and convertible bond issuance.

ByteDance CEO Liang Rubo stated today at the Feishu Future Unlimited and Doubao Work Kickoff Conference: Over the past 50 years, there have been four peaks of development in the IT field: PC, Web, Mobile, and AI, with the AI peak far surpassing the heights of the previous three.Liang Rubo believes that peaks are rare, and the intervals between past industry development peaks have been 15-20 years, making such industry-level opportunities extremely valuable.

TikTok's parent company ByteDance has signed a loan agreement totaling $29.6 billion with 28 banks, including HSBC and the Industrial and Commercial Bank of China. The loan has a term of three years, extendable up to five years, with an interest rate 0.68 percentage points above the benchmark rate. This is the second-largest loan in Asia this year, following the $40 billion loan arranged by SoftBank in March.According to Bloomberg, ByteDance plans to use this loan for general corporate purposes to advance its artificial intelligence development goals. The company previously borrowed $10.8 billion from about 20 lenders in 2024, and the initial size sought for this loan was $20 billion. ByteDance was valued at approximately $550 billion in February this year, and Bloomberg reported in May that the company is considering investing up to $70 billion in data centers and other AI infrastructure by 2026.As the loan news was released, Elon Musk, Anthropic CEO Dario Amodei, and OpenAI CEO Sam Altman called for a slowdown in the AI race, expressing concerns about safety issues. Additionally, a report from Bitcoin Suisse predicts that the largest hyperscale computing companies in the U.S. will spend over $800 billion this year, exceeding $1 trillion by 2027.

According to SolanaFloor, Jump Crypto's Firedancer team will stop supporting the Solana transitional validator client Frankendancer after Alpenglow is activated on the Solana mainnet, with the upgrade expected to go live in October with v4.3.The team stated that the decision was made due to the maintenance and security burden, and they will subsequently focus resources on the complete Firedancer client.

NASDAQ-listed company Hyperion DeFi (NASDAQ: HYPD) announced on September 8, 2026, an upward revision of its full-year guidance for 2026 and initiated a common stock repurchase plan of up to $20 million. The company claims to be the first publicly listed DeFi company in the U.S. built on Hyperliquid. The full-year adjusted gross profit guidance has been raised from the previous $5 million to $7 million to $7 million to $8 million.The company expects adjusted net operating cash flow to turn positive in the third quarter of 2026, earlier than the previous expectation of "turning positive by the end of 2026"; and it anticipates that core operating income will turn positive in the third quarter, with adjusted gross profit from the core DeFi business expected to exceed operating expenses after excluding equity incentives for the first time. The adjusted gross profit guidance for the third quarter is $2 million to $2.5 million, with operating expenses after excluding equity incentives at $2 million to $2.25 million, and core operating income at $0 to $500,000.The board has authorized the repurchase of up to $20 million of common stock in circulation within a maximum of 12 months, which can be conducted through open market purchases, private negotiations, block trades, and other methods, with no specific quantity guaranteed. The plan may be extended, suspended, or terminated at any time. CEO Hyunsu Jung stated that the DeFi business has accelerated recently, and the core business in the third quarter is expected to achieve breakeven in terms of profit and cash flow, noting that HYPD common stock is currently trading at a discount of about 20% to 30% relative to net assets.

According to Bloomberg, ByteDance is preparing to launch an artificial intelligence model for real-time spatial video generation, with applications covering fields such as robotics and autonomous systems, and will compete with companies like Meta and Alphabet.Insiders say that ByteDance founder Zhang Yiming is personally overseeing the development of the model, coordinating multiple business departments within the company, and investing in artificial intelligence resources and computing power support. The model may be released as early as next month, but the specific timing is still subject to change.

ByteDance is set to secure a $29.6 billion syndicated loan. Initially, ByteDance planned to raise $20 billion, but due to strong demand from banks, the size was ultimately increased to $29.6 billion. The funds will primarily be used for general corporate purposes. The transaction has not yet been officially signed, and banks are still confirming allocation amounts. Once completed, this loan will become the second-largest dollar-denominated syndicated loan in Asia this year, following SoftBank Group's $40 billion bridge loan in March.ByteDance is accelerating its investment in AI, considering raising its capital expenditures to as much as $70 billion in 2026, which is more than double last year's amount, mainly for the expansion of data centers and other AI infrastructure. The last large-scale overseas loan by ByteDance occurred in 2024, raising approximately $10.8 billion.

Huobi HTX will hold a themed debate today at 20:00 titled "The Federal Reserve Cuts Forward Guidance: Regaining Independence or Triggering Market Panic?"The affirmative side representatives Li Qian, Guobao, Wanqu, and yuli will engage in dialogue with the negative side representatives Mr. Mis, Zizi, 0xmeg, and Qingfeng, focusing on the potential impacts of the Federal Reserve's weakening of forward guidance on policy transparency, market expectations, and asset pricing changes, as well as discussing how U.S. stocks, gold, and crypto assets will be repriced.

ByteDance announces an adjustment to the option price, with the price for active employees adjusted from $229.5 per share to $241.35 per share, an increase of approximately 5.1%. This is the second adjustment to the option price by ByteDance since 2026.The last adjustment to the option price by ByteDance was in April of this year, when the price for active employees was adjusted from $200.41 per share to $229.5 per share.

The prediction market platform Kalshi has permanently banned former U.S. Congressman George Santos and fined him $71,356 for manipulating a market related to his attendance at the State of the Union address, profiting nearly $18,000. This is the first time the exchange has imposed a lifetime ban on a former member of Congress.According to a disciplinary notice issued by Kalshi's compliance department on August 28, Santos conducted multiple large transactions in this market between February 2 and 25. Since he was able to influence the outcome, exchange rules prohibited him from participating in trading. He subsequently issued a series of public statements regarding his attendance, some of which were false or misleading, intending to drive price movements in the "Yes" and "No" contracts. The compliance department determined that these statements did indeed manipulate prices, allowing him to profit $17,839.57 in the relevant market, violating multiple rules regarding market manipulation, influencing trading outcomes, and using deceptive practices, and he faced additional penalties for failing to cooperate with the investigation.The prediction market allows users to bet on the outcomes of real-world events such as elections, sports, and economic data by purchasing "Yes" or "No" contracts. As event contracts have become mainstream, Kalshi and its crypto-native competitor Polymarket have seen a surge in trading volume over the past year, attracting significant institutional interest.

According to reports from the major factory, ByteDance recently held a briefing on Doubao stocks and introduced new policies for relevant employees: the price of Doubao stocks was adjusted from $14.85 per share in June to $17.02 per share, an increase of about 14.6%; the issuance of Doubao stocks was increased, with some employees reaching a total package of about 5%; employees can choose to convert a certain proportion of cash in their total package into Doubao stocks, with the proportion varying by job level.This adjustment mainly targets the large model departments under Seed (pre-training, multimodal, VLM, etc.) and the Doubao main APP team under Flow. From $13.08 in April of this year to $17.02 in August, the Doubao stock has increased by about 30.1% in less than half a year, which is about twice the increase of ByteDance options during the same period (approximately 14.5%).

On August 27, NVIDIA announced its financial report, with Q2 revenue for FY2027 at $96.2B, a year-on-year increase of 106%. Data center revenue was $89.0B, a year-on-year increase of 117%. The Q3 revenue guidance is $108B, and it anticipates a revenue growth of about 70% for FY28. WEEX TradFi shows that the AI hardware sector is also rising, with Lumentum (LITE) up 10.16% in 24 hours, Arm (ARM) up 8.19%, and Western Digital (WDC) up 7.82%.WEEX Labs believes that this round of market activity is driven by "AI inflection point + high growth guidance," with funds spreading from GPUs to optical interconnects and storage. The short-term main focus remains on re-pricing guidance, and caution is advised regarding volatility after expectations are fulfilled.

NVIDIA's revenue for the second quarter of fiscal year 2027 increased by more than double year-on-year to $96.22 billion, exceeding market expectations of $92.17 billion; adjusted earnings per share were $2.22, surpassing the expected $2.10. Data center revenue grew more than double to $89 billion, higher than the expected $85.08 billion. The company expects third-quarter revenue of $108 billion (with a fluctuation of 2%), above analysts' expectations of $104.19 billion; the adjusted gross margin is expected to be 74% (with a fluctuation of 0.5 percentage points), lower than the market expectation of 74.77%.NVIDIA expects revenue to grow by about 70% in fiscal year 2028 and to expand its collaboration with AWS, with both parties planning to deploy an additional 2 million NVIDIA GPUs in Amazon's global infrastructure in 2027 and 2028. The company stated that revenue opportunities for AI chips could exceed $1 trillion before 2027. The third-quarter guidance does not include any sales from data center chips in China.After the earnings report was released, NVIDIA's stock price rose over 4% in after-hours trading. As of Wednesday's close, the market capitalization was approximately $5.16 trillion, with the stock price having increased by 12.4% year-to-date.

NVIDIA CEO Jensen Huang stated that the company has never provided performance guidance a year in advance.