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More →U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers
U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers
NYSE owner takes steps to bring Hyperliquid perpetual futures to U.S.
NYSE owner takes steps to bring Hyperliquid perpetual futures to U.S.
Cathie Wood’s ARK buys the dip on Robinhood in its largest purchase in 6 months after 23% slump
Cathie Wood’s ARK buys the dip on Robinhood in its largest purchase in 6 months after 23% slump
Bermuda taps WalletConnect to advance its onchain economy plan
Bermuda taps WalletConnect to advance its onchain economy plan
Former Swift CEO joins stablecoin firm OpenTrade as chairman
Former Swift CEO joins stablecoin firm OpenTrade as chairman
OpenAI Plans to Buy Google's AI Chips as It Looks Beyond Nvidia: Report
OpenAI plans to buy AI chips from Google, according to a person familiar with the matter who spoke with <i><a href="https://www.theinformation.com/articles/openai-longtime-nvidia-customer-plans-buy-googles-ai-chips" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">The Information</a></i>. The step would loosen its dependence on Nvidia, the company that supplies most of the hardware behind the AI boom. Neither company has confirmed the plan, and the price, the number of chips, and the delivery dates have not been disclosed. OpenAI is one of Nvidia’s biggest customers. The chips OpenAI is reportedly after are Google's tensor processing units, or TPUs, processors designed for one job: the math that AI models run on. Google <a href="https://cloud.google.com/blog/products/ai-machine-learning/google-supercharges-machine-learning-tasks-with-custom-chip" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">revealed the chip</a> in 2016, saying it had already run TPUs in its data centers for more than a year. Reports in June 2025 said OpenAI had begun renting Google's TPUs, and the company described it as early testing with no plans to deploy them at scale. A purchase would mean owning the hardware instead of paying Google by the hour. Other details of the plan have not been made public. A<a href="https://openai.com/careers/software-engineer-tpu-compilers-san-francisco/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">> job listing</a> from OpenAI in San Francisco asks for an engineer to lead the optimization of its frontier models on TPUs so the rumors have weight. The work involves compilers, the software that translates an AI model into instructions a specific chip can run, which is why switching chips is harder than swapping parts. Richard Ho, who leads OpenAI's hardware program, spent nearly nine years at Google and was one of the leaders of its Cloud TPU project before joining OpenAI. In September 2025, Nvidia signed a letter of intent to invest <a href="https://decrypt.co/340794/nvidia-100-billion-openai-historic-ai-infrastructure-deal-stock-pops" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">up to $100 billion</a> in OpenAI as it deployed at least 10 gigawatts of Nvidia systems. A gigawatt is a billion watts, the unit data center builders now use to size their projects. Two weeks later, AMD gave OpenAI the right to buy up to <a href="https://decrypt.co/343068/amd-stock-skyrockets-openai-bet-loosen-nvidia-grip-ai-chip-market" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">160 million AMD shares</a>, roughly 10% of the company. The right is tied to OpenAI deploying 6 gigawatts of AMD chips. Nvidia ended up putting <a href="https://decrypt.co/360195/nvidia-probably-done-investing-openai-anthropic-ceo-why" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">$30 billion</a> into OpenAI's funding round, well below the $100 billion in the letter of intent. CEO Jens
After the release of the U.S. PCE data, U.S. Treasury yields fell further.
CoinWorld news: After the release of US PCE data, US Treasury yields fell further. The latest data shows the 10-year Treasury yield dropped 2.74 basis points to 5.02%.
The latest U.S. inflation data came in line with expectations, and stock index futures pared their losses.
According to CoinWorld news, the latest data shows that the U.S. September PCE index rose 0.5% month-over-month and 3.6% year-over-year, both in line with economists' expectations. The core PCE price index rose 0.3% month-over-month and 3.1% year-over-year. After the Federal Reserve announced it would keep interest rates unchanged, investors are assessing these inflation data. As of now, Dow futures are down about 0.4%, S&P 500 futures are down 0.5%, and Nasdaq futures are down 1.3%.
Canada's August non-farm payrolls fell by 49.6 thousand.
According to CoinWorld news, Canada's August non-farm employment change was -49.6K, compared with the previous value of +26.1K and a revised value of -15.7K.
OKX, ICE, and Trade.xyz have joined forces to bring perpetual contracts into the U.S. regulated market.
Coin World News: OKX founder and CEO Star said on social media that he will push perpetual contracts into the regulated U.S. market. The project is being advanced jointly by Intercontinental Exchange (ICE, the parent company of the New York Stock Exchange), on-chain perpetual contract platform Trade.xyz, and OKX. According to public information, ICE has signed a definitive agreement with Trade.xyz and plans to build an independent trading and clearing system in the United States to support 24/7 perpetual contract trading in stocks, indices, commodities, foreign exchange, and crypto assets. ICE will serve as the exclusive operator of this U.S. market, Trade.xyz will be ICE's exclusive partner for implementing the business in the United States, and distribution to retail users will be carried out through a joint venture between ICE and OKX. Star said that this cooperation will combine ICE's institutional-grade market infrastructure, Trade.xyz's on-chain innovation capabilities, and OKX's distribution and trading technology, and is expected to form a new generation of global financial markets operating around the clock.