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The US Treasury auction for the six weeks ending October 20th yielded a winning bid of 3.975%, compared to 3.98% previously.

2026-10-20

The US Treasury auction for the six weeks ending October 20th yielded a winning bid of 3.975%, compared to 3.98% previously.

Other News
2026-10-20

China's National Medical Products Administration (NMPA) on Oct. 19 met to advance its AI + drug regulation agenda, directing regulators to set rules, steady expectations, enhance services and build an AI-enabled ecosystem to support pharmaceutical in

China's National Medical Products Administration (NMPA) on Oct. 19 met to advance its AI + drug regulation agenda, directing regulators to set rules, steady expectations, enhance services and build an AI-enabled ecosystem to support pharmaceutical innovation. The NMPA said it will draft special plans to back priority tracks, shift review services upstream toward innovators, and create an innovation-encouraging yet prudently risk-aware regulatory environment; it called for using AI to improve drug-safety governance—making smarter, inspections and enforcement more precise, risk controls more reviews sensitive and coordinated supervision more efficient—and for establishing a full-lifecycle, continuously iterated AI application management mechanism, centralizing resources, training specialist talent, promoting technology-for-good and safeguarding AI security standards.
2026-10-20

1. The People's Bank of China: Strengthen financial support for the development of the artificial intelligence industry. 2. OpenAI reportedly accelerates $30 billion funding round to secure capital before Anthropic's IPO. 3. US advanced robot ban i

1. The People's Bank of China: Strengthen financial support for the development of the artificial intelligence industry. 2. OpenAI reportedly accelerates $30 billion funding round to secure capital before Anthropic's IPO. 3. US advanced robot ban impacts chip manufacturing; Intel applies for exemption: key equipment currently lacks domestic alternatives. 4. Nvidia completes quantum error correction technology verification, reducing required physical qubits by 90%. 5. Nvidia reportedly wins CPU chip orders from AI startup Modal, which previously relied entirely on Intel and AMD. 6. Orders for high-speed optical module components are booked until the end of 2027; the value of a single piece of glass increases more than 60 times. 7. Goldman Sachs: Hedge funds are reducing their holdings in tech stocks at the fastest pace in at least a decade. 8. OpenAI faces a wave of social media-style security lawsuits. 9. MiniMax M3.1 Flash: Redefining agent performance and cost. 10. Nscale and Anthropic are in talks for a $45 billion cloud computing partnership. 11. SoftBank Group's credit risk has risen to a four-year high due to AI financing pressures. 12. A spokesperson for ByteDance refuted the claim that 55% of domestic computing power is used for video and short dramas: ByteDance only uses 10% of its computing power for video generation models.
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