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Alibaba, Tencent and ByteDance are reportedly seeking to sign DRAM supply agreements with Samsung and SK Hynix, with terms extending up to 2035.

35 minutes ago

According to South Korea’s Maeil Economic Daily, major Chinese cloud service providers including Alibaba, Tencent, and ByteDance are in negotiations with Samsung Electronics and SK Hynix for long-term server DRAM supply agreements. Some clients reportedly aim to extend the typical 3–5 year long-term supply contracts to 2035, signing ultra-long 10-year deals. The companies seek to lock in products including server DDR and low-power LPDDR. As demand for AI servers continues to surge and memory supply tightens, cloud providers are rushing to secure memory capacity in advance, even willing to pay higher prices to meet the supply needs of their AI business expansion. Earlier, large U.S. tech firms had already locked in memory resources via long-term supply agreements; the move by Chinese cloud providers reflects that competition in AI infrastructure is further extending into the server memory supply chain.

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Top 50 donors for the 2026 U.S. midterm elections have collectively contributed over $2.77 billion, with crypto firms including Coinbase and Ripple among the leading contributors.

According to The Washington Post’s analysis of Federal Election Commission (FEC) filings as of press time, the top 50 donors in the 2026 U.S. midterm election cycle have contributed a total of approximately $2.77 billion. Tesla and SpaceX CEO Elon Musk tops individual donors with around $446 million, setting a new record for individual political donations in modern U.S. history. His contributions primarily flow to Republican-aligned groups: his own America PAC ($216 million), Senate Leadership Fund ($168 million), and House Leadership Fund ($30 million). By party leanings, Republican-aligned donations total about $1.67 billion, Democratic-aligned around $832 million, and cross-party and special interest groups account for roughly $264 million. Crypto and tech-related contributors also rank among the top: a16z co-founders Marc Andreessen and Ben Horowitz combined for ~$92.2 million (including $23.8 million to Fairshake and $12 million to MAGA Inc.); Coinbase contributed ~$57.8 million (of which $52.5 million went to Fairshake); the Winklevoss brothers gave ~$55.9 million; Ripple donated ~$49.6 million (including $48 million to Fairshake); and crypto firm Foris Dax contributed ~$39 million. Other notable donors include former New York Mayor Mike Bloomberg, who has donated ~$84.2 million this cycle (with roughly $60 million since September, mostly supporting House Democrats); and OpenAI CEO Greg Brockman and his wife, who combined for ~$50 million. The Washington Post notes that most funds flow to super PACs, which allow unlimited donations. The list will be updated as FEC filings are submitted.

3 minutes ago

Zhipu issues another airdrop: 300 million GLM-5.3-Flash tokens can be claimed daily

Beating AI News Flash: Zhipu AI has rolled out its "Egg" tokens again. Today, the company announced that its AI coding tool ZCode will offer 300 million GLM-5.3-Flash tokens to each user for free daily. However, these "Egg" tokens can only be used within ZCode, and are only accessible for 10 hours each day. The tokens are available for claim starting at 19:00 Beijing Time daily, and can only be used from 23:00 to 09:00 the next day. Users need to update their client, claim the quota, then switch to "Global Building" and select the GLM-5.3-Flash model.

3 minutes ago

Declines in US Nasdaq and S&P 500 index futures narrowed.

According to data from the BIT stock platform, US Nasdaq and S&P 500 index futures have narrowed their declines. Nasdaq futures are currently down 0.40%, while S&P 500 index futures are down 0.12%.

3 minutes ago

OKX to Launch TradFi Perpetual Futures for CEG, BAC, IBKR and MPWR

OKX to list TradFi perpetual futures for CEG, BAC, IBKR, and MPWR

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Bitcoin rebounds to break through $80,000.

According to HTX market data, Bitcoin has rebounded to break through the $80,000 mark, with its 24-hour decline narrowing to 0.10%.

3 minutes ago

Upbit to list NIL-KRW trading pair

Upbit to list NIL/KRW trading pair

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