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According to Lookonchain monitoring, a certain whale (0xc8b5) heavily invested in long positions for NVDA (NVIDIA) and SNDK (SanDisk). They went long on 136,982 shares of NVDA with 5x leverage, valued at approximately 24.2 million USD; and went long on 13,655 shares of SNDK with 2x leverage, valued at approximately 12.7 million USD.

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.

Alibaba announced that the new generation of the Qwen large model, Qwen4, has begun open testing, with the flagship preview version Qwen4-Max launched. This model has been integrated with Alibaba's Token Plan, Qwen Office, Qoder, Qwen App, and QwenStudio.This generation focuses on upgrading complex programming, front-end design, and agent capabilities. Alibaba also emphasizes professional office and software operations, hoping the model can autonomously use tools and complete multi-step tasks.Qwen4 has been in a warm-up phase for several months. In September of this year, Alibaba announced that the Qwen4 based on the new architecture is in training. The earlier released Qwen3.8-Flash-Next has already opened an experimental version of the new architecture. According to the previously showcased product plan, the Qwen4 series also includes Flash, Plus, and a 27B version aimed at local deployment.

According to Macao Broadcasting and Television, a man from Macao and a man from the mainland previously invested in cryptocurrency and suffered losses. The two parties then agreed to trade 640,000 USDT for 5 million Hong Kong dollars. On November 6, after the buyer deposited 5 million Hong Kong dollars into the other party's account at a casino in Macao's Cotai, he only received 40,000 USDT.The seller immediately left the scene under the pretext of smoking, and the remaining 600,000 USDT was never credited, involving about 4.68 million Hong Kong dollars. The Macao Judiciary Police's investigation found that the suspect did not have enough USDT to complete the transaction and immediately exchanged the received funds for casino chips, suspected of intentional fraud.

According to Beating AI News, Alibaba has released Qianwen Office 2.0, which adds a "Trigger Task" feature. Previously, this product could only execute tasks automatically at preset times; now it can also allow AI to start processing automatically upon receiving specific messages, approvals, or pending events.For example, after the boss sends work arrangements via DingTalk, the AI can automatically organize the requests into to-do items according to pre-set rules. Users can view the execution results and can modify or turn off the rules at any time.Tasks can be executed on local computers or in the cloud. Pure cloud tasks do not rely on the computer being powered on and can continue running even after the computer is shut down.

According to on-chain analyst Ai Yi's monitoring, the ETH/BTC exchange rate fell by 3.56%. The Drift hacker (0x45d...c00ca) opened a $20 million 20x ETH short and 20x BTC long position yesterday morning, with related positions showing an unrealized profit of $658,000 in just one day.At 6 AM this morning, both Bitcoin and Ethereum experienced significant declines, after which Bitcoin's rebound was stronger than Ethereum's, leading to an expansion of its unrealized profit.

According to Lookonchain monitoring, a certain hacker is going long on BTC and short on ETH. They received 3,100 ETH from Tornado Cash by creating a new wallet, then sold it for 6.92 million USDC and deposited the funds into Hyperliquid.After that, the wallet opened a long position of 169.47 BTC with 20x leverage, with a position value of approximately 12.84 million USD; at the same time, they opened a short position of 5,740 ETH with 20x leverage, with a position value of approximately 12.83 million USD.

On November 7, Tencent's Q&A community Sogou Wenwen and Wenwen Mall officially ceased operations. According to the official shutdown announcement released in October, both will stop services at 23:59 on November 7, 2026. At that time, the related pages will no longer be accessible, and the question bean redemption function will be closed simultaneously; after the shutdown, user accounts will be automatically canceled without manual operation.The official previously reminded users that the questions, answers, and personal content accumulated in Sogou Wenwen need to be screenshot or copied for backup in the personal center before the shutdown; after the shutdown, all content on the platform will be deleted or anonymized in accordance with the Personal Information Protection Law of the People's Republic of China and other relevant laws and regulations. Sogou Wenwen is a knowledge application product and Q&A interactive platform under Sogou, formerly known as the interactive Q&A community SOSO Wenwen under Tencent, covering dozens of categories such as computer digital products and games, with over 100 million users.

According to on-chain analyst Yu Jin's monitoring, Micron (MU) plummeted 17% last night. A whale opened a long position worth $31 million at $775.25 just before the drop began at 11 PM last night, and then MU fell to a low of $650, resulting in an unrealized loss of up to $5 million. Currently, MU has rebounded to around $700, with losses narrowed to $3.12 million.

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.

In the early morning of November 4, Apple opened testing for the latest iOS developer Beta version. According to Caixin, users can directly access the text and image understanding, content generation, and other capabilities of Alibaba's artificial intelligence application Qianwen through Siri, writing tools, and visual intelligence. Journalists found that users can complete basic Q&A, image-text analysis, and content generation on their iPhones, and further needs can be redirected to the Qianwen App, with conversation information automatically synchronized.Users can choose whether to enable the Qianwen integration feature. Once activated, they can log in using their Apple ID or their own Qianwen App account, and use Qianwen within Siri, visual intelligence, and writing tools. When journalists inquired about methods to improve sleep, Siri called Qianwen to provide general suggestions; for more personalized plans, users could click the Qianwen icon to jump to the Qianwen App, which analyzes influencing factors based on previous sleep records, exercise conditions, and lifestyle habits to formulate improvement plans.Visual intelligence supports the option "Ask Qianwen" to identify items or scenes in images, for example, first asking Siri about clothing brands, then jumping to the Qianwen App to find the same style on Taobao and place an order. The "Qianwen Creation" feature in the writing tool can generate content based on requirements and adjust tone and length, such as retaining the time and place in an event invitation or compressing it into a brief notification for easy forwarding. Currently, users in China who purchase iPhones that support Apple intelligence, or whose device location and Apple account country and region are both set to China, can experience related features through this developer Beta version.

According to on-chain analyst Yu Jin's monitoring, a whale sold ETH for a profit of 8.99 million dollars half a month ago and has since been continuously increasing their long position in crude oil on Hyperliquid. Currently, the value of the related position has reached 148 million dollars, with an unrealized loss of 540,000 dollars.

According to the latest rankings from QuestMobile, in September 2026, Alibaba's AI application Qianwen App reached 158 million monthly active users, a year-on-year increase of 5077%, ranking first in growth among apps with over 100 million monthly active users. In the domestic AI native app rankings, Qianwen ranks second, surpassing DeepSeek's 123 million, but still below the first place, Doubao, which has 419 million.This growth is related to Alibaba's large-scale promotion. In November last year, the Tongyi App was renamed to Qianwen. This Spring Festival, Alibaba announced an investment of 3 billion yuan to launch a free order campaign, allowing users to order milk tea and takeout through AI. The campaign link was widely shared in WeChat groups, and the system experienced delays due to increased traffic. QuestMobile data shows that on the first day of the campaign, Qianwen's daily active users rose from about 7.06 million to 58.48 million.The year-on-year growth of 5077% was also influenced by last year's low base. Based on year-on-year data, Qianwen's monthly active users were about 3.05 million in September last year. By March this year, Qianwen's monthly active users had reached 166 million, rising to 167 million in June, and then falling back to 158 million in September, a decrease of about 9 million compared to June, with a decline rate of approximately 5.4%.

According to Yicai, on the evening of November 2, Li Jiaqi's livestream featured the launch of Qianwen Office Token. Within half an hour of sales, 100,000 Qianwen Office personal membership monthly cards were sold, totaling approximately 20 trillion Tokens.Qianwen Office CEO Chen Yusen appeared in the livestream that evening to introduce the daily use scenarios of AI in office work. He stated that AI cannot replace Li Jiaqi and hopes to help fans use AI to handle trivial matters, allowing them to leave work on time, spend time with pets, and take care of family.

On November 2nd at 7:30 PM, Li Jiaqi will start selling Tokens in the Tmall Double 11 live broadcast room. Alibaba Vice President and Qianwen Office Head Chen Yusen will be present, and the live broadcast room has also announced the distribution of 200 trillion Tokens. Also appearing will be AI computers pre-installed with Qianwen Office, AI transcription cards, and desktop robots.On September 3rd, Tmall launched the Token recharge center, connecting with vendors such as Alibaba Cloud, Zhipu, Kimi, and MiniMax, selling monthly subscription AI packages and pay-per-use recharge services, supporting card code redemption or direct recharge.

Apple and Alibaba announced a partnership to integrate Qianwen into Apple Intelligence. Chinese users can access Qianwen's text and image understanding, content generation, and other capabilities through Siri, writing tools, and visual intelligence.These features will be available for testing starting November 4 with the latest iOS developer beta version and will be officially launched with the release of iOS 27.3 in December.

According to on-chain analyst Yu Jin's monitoring, a hacker who stole approximately 40 million dollars in assets from UXLINK last year went long on 30,300 ETH at a price of 2,134 dollars on Hyperliquid, with a position value of 70.25 million dollars, currently having an unrealized profit of 5.62 million dollars.The funding source address for going long on ETH has a direct financial intersection with a known UXLINK hacker address: a month ago, both addresses aggregated their remaining ETH Gas to the same wallet on the same day. At the beginning of August, the hacker aggregated 11.54 million USDC from multiple sources and began trading ETH on Hyperliquid, opening positions 6 times, profiting 5 times, with a total profit of 5.71 million dollars.

Max For AI disclosed that Moon's Dark Side Kimi K3.1 and Alibaba Qwen4 have both entered the final stage before release and are currently undergoing anonymous testing in Arena, with a release expected within this week.Previously, the community discovered two anonymous models, Kibitz and Kalmia, appearing on Arena. The account @aitrackerbot found through tokenizer testing that Kibitz's features point to Moon's Dark Side's Kimi, while Kalmia is suspected to come from Alibaba Qwen. Max For AI stated that both teams have been running benchmark tests intensively over the past few days, and with the anonymous models going live on Arena, an official release may be imminent. The identities and release times of the related models are yet to be confirmed by the official sources.

Beating AI news reports that Wen Shilei, the head of ByteDance's commercialization GenAI R&D, has recently left the company, with his next stop likely being the embodied intelligence company Octopus Power, where he will serve as a partner. Wen Shilei joined Baidu in 2011, previously serving as the head of visual technology and chief architect of the smart city division, and has won Baidu's highest award twice. After moving to ByteDance in 2021, he initially focused on digital humans, XR, and other technologies, and later took charge of engineering R&D for generative AI in commercial scenarios such as advertising.This business line has recently lost several core leaders. Former head of the commercialization GenAI department, Peng Bingyue, left in July this year and subsequently joined Google; the former head of the China region, Yuan Zehuan, also left in July to pursue a startup in world modeling. With Wen Shilei's departure, the remaining team members have been reassigned to other departments.Octopus Power was founded in January 2026 by former Horizon and Jianzhihui Robotics executive Du Dalong, primarily developing world models for robots, dexterous hands, and data collection systems, having raised nearly 1 billion yuan in total financing by June this year. On October 15, Octopus Power confirmed that co-founder Liang Zhujin will leave; Liang Zhujin previously oversaw post-training and data operations, and it is currently unclear whether Wen Shilei will take over related responsibilities.

The identity project World, co-founded by OpenAI CEO Sam Altman, announced the launch of a World ID verification product suite aimed at banks and financial institutions, marking the first industry-specific version of the identity protocol. World co-founder Alex Blania unveiled the product at the Money20/20 conference. The suite integrates three existing products, and World claims it can help institutions guard against deepfake fraud and AI-driven identity theft, covering scenarios such as customer accounts, employee workflows, and AI agents.Specifically, the World ID app is an identity wallet used to store and present what World refers to as user Proofs. World ID for Zoom allows call participants to confirm that the other party is a real person and not a deepfake; this feature has officially launched after a limited testing phase that began in April. World’s main developer, Tools for Humanity, has also joined Zoom's Independent Software Vendor Exchange Program. World ID for Agents, also known as AgentKit, allows users to delegate Proofs to AI agents, which present them to third-party platforms.World stated that it is collaborating with OpenExchange, Bain Capital, VanEck Funds, and Outtake as design partners to explore how its technology can support banks and financial services, but did not disclose specific bank names or pricing for the product. A press release cited a Deloitte forecast predicting that by 2027, AI-related fraud losses in the U.S. could reach $40 billion, up from approximately $12.3 billion in 2023. World claims that over 18 million people currently hold Proof of Human. Last month, World also launched the World Money self-custody app, supporting stablecoin payments in over 150 countries; in July, World Foundation raised $52.5 million through a WLD token sale, with a lock-up period of one year.