Musk stated that building super intelligence requires a large amount of training data and overcoming programming, and currently only OpenAI, Anthropic, and Cursor have sufficient programming training data. Elon Musk's SpaceX completed the acquisition of Cursor on August 14th for $60 billion.

The third quarter earnings season for the US stock market is about to begin, and Wall Street expects S&P 500 component stocks to see a year-on-year profit growth of about 29% -31%, with about two-thirds coming from large tech companies such as Alphabet, Amazon, and Meta. The market focuses on the conversion rate of AI capital expenditures, the diffusion of AI demand, and the impact of financing costs on enterprises. Large banks will be the first to release their financial reports starting from October 13th (UTC+8), while technology giants and companies such as Coinbase, Strategy, Marathon, Riot will release their financial reports from late October to mid November.

Solana accounts for 91% of the Meme coin spot DEX trading volume across all chains, reaching the highest level in nearly 14 weeks.

The Smarter Web Company, a Bitcoin treasury company, has conditionally raised £ 10 million, approximately $13.2 million, through the issuance of preferred shares, of which approximately £ 4 million, approximately $5.3 million, will be used to purchase Bitcoin. The related preferred shares are expected to begin trading in London on October 14th, with an initial annual interest rate of 12% and weekly payments.

The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week.