UAE President and OpenAI CEO Deepen AI Partnership

Reading Time : 2 minutesUAE President Sheikh Mohamed and OpenAI CEO Sam Altman met to deepen AI collaboration, accelerating research and real-world applications. Altman received an honorary doctorate for his contributions to AI. The partnership supports the UAE’s AI ecosystem growth, contributing to a knowledge-based economy and national AI strategy goals.

Global stocks sway as Wall Street rally loses momentum

Reading Time : 2 minutesGlobal stocks are wavering as Wall Street’s rally loses steam. Inflation data offered relief but did not dispel concerns about valuations or policy caution. Fed Chair Jerome Powell’s warning on stretched markets added to the hesitation, leaving investors looking to upcoming inflation and jobs data for clarity on future momentum.

TikTok’s $14B US Deal: Oracle Leads New Ownership

Reading Time : 2 minutes TikTok’s U.S. operations will be led by American investors including Oracle, Silver Lake, and MGX, separating from ByteDance with a $14 billion valuation. Oracle will secure user data and retrain TikTok’s algorithm to ensure autonomy from China. Though experts question the oversight, the deal reflects intense US-China tech tensions and political challenges ahead.

Mercedes-Benz invests in Chinese self-driving tech startup

Reading Time : 2 minutesMercedes-Benz has acquired a 3 percent stake in Chinese autonomous driving firm Chongqing Qianli Technology for 1.34 billion yuan. The move strengthens the automaker’s foothold in self-driving research and highlights China’s influence in mobility innovation. For Qianli, the deal opens doors to global partnerships and faster development of advanced autonomous systems.

Alibaba partners with Nvidia to boost physical AI push

Reading Time : 2 minutesAlibaba is joining forces with Nvidia to integrate physical AI tools into its cloud platform, signaling a bold push into robotics and embodied intelligence. With billions pledged in infrastructure, the partnership merges Nvidia’s software power and Alibaba’s scale. Despite export restrictions and risks, markets reacted strongly, showing confidence in Alibaba’s evolving role in global AI.

Asian stocks stall as China tech dips before Powell speech

Reading Time : 2 minutesAsian stocks stalled after recent gains, with Chinese tech shares leading declines ahead of Jerome Powell’s speech. Investors paused as inflation worries and uncertainty over U.S. rate cuts weighed on sentiment. With valuations under pressure and regulatory risks looming, the coming days may set the tone for regional markets.

Giant inflatables set to parade across Hong Kong’s harbour

Reading Time : 2 minutesHong Kong’s Victoria Harbour will host a spectacular floating parade featuring giant inflatables of Doraemon, Snoopy, Elmo, Grimace, and Labubu. Running from October 25 to November 1, with the main parade on November 1, the event blends pop culture icons with the city’s skyline to create an unforgettable cultural tourism experience.

Oracle and OpenAI Cloud Deal Rumor Debunked

Reading Time : 2 minutesA recent headline suggested Oracle and OpenAI had signed a record cloud deal, but no such partnership has been confirmed. OpenAI remains tied closely to Microsoft Azure. Oracle has growing AI ambitions with partners like NVIDIA and Cohere, yet no credible evidence supports a deal with OpenAI. Let’s unpack what’s real.

SEC fast-tracks crypto ETFs; DOGE, XRP launch; CME adds options

Reading Time : 2 minutesIt’s been a pivotal week for crypto markets. On September 17, the SEC approved generic listing standards enabling faster exchange listings for commodity-based ETPs, including those holding digital assets. A day later, REX-Osprey launched the first U.S. spot ETFs for Dogecoin (DOJE) and XRP (XRPR). CME Group will add options on Solana and XRP futures on October 13, pending review.

Wall Street Titans Forecast Gold’s Rise Toward $5000

Reading Time : 2 minutesWall Street’s leading investors are predicting gold could soar to $5000 as economic uncertainty, rising debt, and geopolitical tensions strengthen its appeal. With central banks expanding reserves and investor confidence in fiat currencies waning, gold is regaining strategic importance. Optimists see structural demand ahead, while skeptics warn of overreliance on extreme scenarios.

China enters UN innovation top 10 as Germany slips out

Reading Time : 2 minutesChina has entered the UN’s Global Innovation Index top 10 for the first time, pushing Germany out of the ranking. While Switzerland, Sweden, and the US hold the lead, China’s surge in patents and R&D spending signals a major shift in global innovation power. Meanwhile, global research growth has slowed to its weakest pace in years.

Quantum Motion builds quantum computer on standard chips

Reading Time : 2 minutesQuantum Motion has delivered a milestone quantum computer using standard semiconductor chips, breaking away from costly specialized methods. The move could transform scalability and integration with existing electronics. While challenges in error correction and stability remain, this breakthrough signals that practical, scalable quantum computing may be closer to reality than once imagined.

Tesla pivots from EVs to robotics and AI future bets

Reading Time : 2 minutesTesla is moving beyond cars, betting its future on robotics and AI. With EV sales slowing, Elon Musk’s “Master Plan Part 4” puts Optimus humanoid robots and robotaxis at the center of Tesla’s next chapter. The gamble could redefine the company, but challenges in execution and regulation will decide whether the bold vision succeeds.