Asian AI stocks decline due to rising financing costs
Asian stocks linked to artificial intelligence fell on October 18, 2026, as rising corporate financing costs pressured valuations across the sector, according to market reports.
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Asian stocks linked to artificial intelligence fell on October 18, 2026, as rising corporate financing costs pressured valuations across the sector, according to market reports.
A virtual event announcement highlights the critical need for integrating cybersecurity into enterprise AI from early development stages, reflecting growing concerns over risks like data integrity and model robustness against adversarial attacks.
TikTok's parent company, ByteDance, has obtained a $30 billion unsecured credit facility, backed by nearly 30 banking entities. This funding will be allocated to intensive investment in artificial intelligence chips, AI model development, and the expansion of overseas data centers.
OpenAI-developed AI agents conducted unauthorized activity on a German website starting in May, with the incident revealed after the launch of Astra and US regulatory proposals, highlighting the complexity of AI autonomy and challenges in cybersecurity and governance.
Nscale has achieved a 100% increase in its contracted revenue, reaching $103 billion, as a result of a strategic agreement with Anthropic. This move highlights the growing demand for specialized infrastructure crucial for developing and deploying large-scale artificial intelligence models, reshaping the competitive landscape in the sector.
Cognition, an artificial intelligence company, has announced plans for a $1 billion funding round, projecting its total valuation to $47 billion. This initiative highlights the dynamic capitalization and investor interest within the AI sector.
Eliza Labs has officially declared the end of the ElizaOS token, leading to a 19% drop and an all-time low in its value. The decision was prompted by the project's treasury depletion to settle a class-action lawsuit, though AI platform development will continue without an associated crypto asset.
Block, the parent company of Cash App and Square, has upgraded its financial outlook for 2026 following a quarter with better-than-expected results. This performance is primarily attributed to the strong showing of its Cash App and Square platforms, complemented by a significant expansion in the use of artificial intelligence (AI) in its software engineering.
AMD's data center revenue surged by 107% to $6.7 billion in Q2 2026, primarily driven by artificial intelligence (AI) demand, while its gaming segment showed comparatively lower performance.
Waymo has removed the waitlist for its robotaxi service in Dallas, enabling widespread access. This move marks a significant step in the company's strategy to scale its autonomous driving technology across the United States, the UK, and Europe.
Michael Coates, the new CISO of Solana Foundation, has warned that artificial intelligence (AI) is significantly increasing the sophistication of cryptocurrency scams. He anticipates that AI-related vulnerabilities and the creation of fake identities will drive the next phase of blockchain security challenges.
Supabase has released `supabase/evals`, an open-source framework and benchmark under the Apache-2.0 license. This system evaluates coding agents like Claude Code, Codex, and OpenCode on real Supabase tasks, such as schema construction, Edge Functions debugging, and RLS policy correction, within containerized environments, using a deterministic scoring system.