Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Beating AI News Flash: Bloomberg cited people familiar with the matter that DeepSeek plans to deploy at least 160,000 Huawei Ascend 950DT chips at its AI data center under construction in Ulanqab, Inner Mongolia. If the plan is realized as scheduled, this will become one of the largest known Huawei AI chip clusters to date. DeepSeek also intends to purchase more chips, but Huawei’s production capacity cannot meet demand for now, with full delivery expected to take over a year. The 950DT chips will be used to run DeepSeek’s models; the company has no current plans to use them for model training. To date, DeepSeek still relies mainly on NVIDIA GPUs for core training. The 160,000 chips are only part of the overall project. DeepSeek previously planned to build a roughly 1GW-level AI data center in Ulanqab, and will rent additional computing power from other local operators.

Beating AI Express: ByteDance has secured a roughly $29.6 billion syndicated loan, setting a new company record and marking the second-largest dollar-denominated loan in Asia this year, trailing only SoftBank’s approximately $40 billion bridge loan. The firm had initially planned to borrow just $20 billion, but strong demand from participating banks pushed the total size up to nearly $30 billion. While the loan is not officially disclosed as being specifically for AI, with its stated purpose being general corporate use, ByteDance is sharply ramping up capital expenditure—focusing on expanding AI data centers and computing power infrastructure, while continuing to invest in models such as Doubao and Seedance, and expanding its enterprise-facing cloud business. Chinese tech giants’ AI financing activities are also continuing to scale up. Alibaba raised roughly $10.2 billion via a share placement last month, explicitly earmarking all proceeds for AI. ByteDance’s latest move, bringing its largest-ever loan to nearly $30 billion, signals that the AI race has evolved from competition in model capabilities to a battle over balance sheets.

Binance Wallet announced in a post that Cash Cat (CASHCAT), UP (UP), and Artificial Inu (AI) have been added to Binance Alpha 1.0 on September 4, 2026.

Web3 project ClawQuest has launched AIP2-1.0, a game creation agent. Short for "AI Player Two", AIP2 operates on a model where players generate concepts and make choices, while the AI leverages tools to turn those ideas into functional, playable game content. AIP2-1.0 is now undergoing its first public trial in ClawQuest’s AI Agent title, Agent Fire. In testing, AIP2-1.0, GPT-5.6 Sol, and Claude Opus 5 were assigned the same 8 tank skill optimization tasks, each completing 300 final battles for a total of 2,400 matches per model. Results show AIP2-1.0 earned a composite score of 76.06, outperforming Claude Opus 5’s 73.96, and falling just 0.79 points short of GPT-5.6 Sol’s 76.85. For all 8 tasks, AIP2-1.0 incurred a model call cost of $20.69 — less than 12% of Claude Opus 5’s cost, and roughly 25% of GPT-5.6 Sol’s. Players can access AIP2-1.0 directly via the Agent Arena Bot on Telegram, with no need to deploy their own agent. ClawQuest aims to enable more players to participate in AI-powered game content creation through lower costs and a more streamlined entry point.

Beating AI Express News: Adaption has launched Invent a Dataset, a training data generation tool. While standard synthetic data tools only handle sample generation, Invent a Dataset automates the full training set design process. Users simply describe what they want the model to learn; the tool independently designs the data structure and generates samples ready for direct model training. There’s no need to prepare raw data, design field formats, or pre-write detailed labeling rules upfront. For example, users can request the model to learn tasks like "summarizing business documents per company standards" or "routing customer service requests to relevant departments." Invent a Dataset identifies the required training data based on the user’s goal and generates corresponding samples in bulk. The generated data can also be directly input into Adaption’s AutoScientist, which will further adjust training data and parameters, iterating through training and evaluation until performance plateaus. This allows users to start from a single task description, generate a training set, and train a task-specific model end-to-end.

Crypto KOL Unipcs (@theunipcs) posted that after his portfolio on the FOMO platform hit a $10 million all-time high yesterday, it has now reached a peak of $20 million, making him the first user on the platform to push his portfolio’s all-time peak past $20 million. He disclosed that his PNL over the past 24 hours stands at $4.7 million, $12.8 million over the past seven days, $14.8 million over the past 30 days, with cumulative PNL totaling $16.5 million. Key trades include returns of over 10,800% on PONS, 1168% on DELTA, 1015% on MICRODUCK, 350% on USELESS, 336% on MARSCOIN, and 119% on BASECAT.