Author: Deep Tide TechFlow

AI / Large Models

Claude Code exposed for sending user email addresses to websites

A GitHub issue has received over 1200 likes and 387 discussions, with developers discovering that Claude Code attaches user emails when requesting third-party websites, and Anthropic has not yet responded.

> Hot comment: AI hasn't learned to write code yet, but has already learned email marketing.

Hot debate: The community is arguing whether this is a privacy incident or a product design error, with some already starting to modify hosts to block it.

Source: GitHub

DeepSeek Harness announces 1.5 million daily active users

The open-source alternative to Claude Code is growing rapidly, directly impacting the paid logic of AI programming tools, with community discussions focused on its diversion effects on Cursor and Copilot.

Source: Zhihu

Anthropic IPO reportedly canceled, media denies the rumor, stating the news is unreliable

The Zhihu hot list has close to 1.9 million discussions, with the core contradiction being the discrepancy between Anthropic's high valuation and its massive losses.

Source: Zhihu

Microsoft applies for a patent: AI can rewrite what people say during live broadcasts in real-time

This patent allows for real-time modification of what someone says during a live broadcast, with a Reddit post receiving 500 likes calling it "dystopian".

> Hot comment: In the future, when watching a live broadcast, you’ll have to ask: Is this the original quote, or has Microsoft "polished" it for you?

Source: Computerworld

$20,000 to train a usable text-to-image model

A developer has open-sourced a text-to-image model trained at a cost of about $20,000 (Apache 2.0), receiving 242 likes on HN. Low-cost training is deconstructing the narrative that "only big companies can create foundational models".

Source: Linum

Cryptocurrency / Web3

Hackers steal $2.5 billion from Binance using $15

Bloomberg reported that hackers executed a one-time attack on Binance wallets for just $15, while Cointelegraph reported that the hackers had access for up to 8 weeks.

> Hot comment: With this investment return rate, Buffett would want to auction off his lunch for a hacking tutorial.

Source: Bloomberg | Cointelegraph

Canary launches INJ staking ETF, Nasdaq code INJC

The Injective ecosystem adds another traditional financial entry point, with staking returns reflected in the fund’s net value. This is another crypto ETF with staking attributes following SOL and LTC.

Source: The Block

IREN Bitcoin mining revenue plummets 58%, exiting the market by year-end

Quarterly total revenue is $228 million, with AI cloud revenue surging 182% to $200 million, while Bitcoin mining revenue is only $28 million left. The trend of mining companies transitioning to AI is irreversible.

Source: The Block

Chips / Hardware

DeepSeek V5 is rumored to train using Huawei Ascend 950 chip

This news has garnered 1.82 million discussions on Zhihu; if true, it means that China’s leading AI model is moving away from the Nvidia ecosystem.

Source: Zhihu

Multiple U.S. state governors plan to suspend approval of AI data centers

The 504 comments on Zhihu focus not only on regulation but also on the potential slowing of data center construction speeds post the Democratic midterm election victory.

Source: Zhihu

Nvidia plummets 9.3% in one day, Jensen Huang's net worth shrinks by $15.1 billion

The Philadelphia semiconductor index plummeted 12% in one day; storage, optical communication, and data center power stocks all fell over 10%. This marks the first "indiscriminate sell-off" of the AI industry chain.

Source: Wall Street Journal

U.S. Stocks

Nasdaq crashes 5.52%, marking the largest single-day drop in 19 months

All three major American stock indexes collapsed; the Dow fell 1840 points, and the Nasdaq 100 dropped 6.4%, evaporating $2.3 trillion. The AI industry chain became a disaster zone, with SanDisk down 22%, AMD down 17%, and Micron down 17%.

Source: Zhihu | Wall Street Journal

Goldman Sachs’ trading desk phone calls go unanswered

Wall Street Journal reports that amid the AI sell-off, both hedge funds and retail investors are pulling out, leading to a rare "buyer vacuum" in the market. This is not panic selling, but panic non-buying.

Source: Wall Street Journal

Cloudflare Q3 revenue at $783 million exceeds expectations, but still sold off after hours

All measurements in the financial report beat expectations, with Q4 and full-year guidance both raised. Unfortunately, in a stampede market, good reports can't save the stock price.

Source: X

But Bin responds to the sharp drop in holdings: AI is likely to come to an end, very small

After suffering heavy blows to nearly $10 billion in U.S. stock holdings, But Bin still insists the AI narrative remains unchanged. The question is the market has given him a "very small" warning.

Source: Financial Link

Finance / Macroeconomics

Wall Street Journal: $2.5 trillion AI reality check

The Nasdaq has officially entered a correction zone, and U.S. Treasuries have become a safe haven for funds. The market has voted with real money for the first time, expressing doubts about the sustainability of AI infrastructure growth rates.

Source: WSJ

Copper prices drop to the lowest since July, challenging the AI infrastructure logic

Copper is a key raw material for data centers and power infrastructure, and the plunge in copper prices indicates that the market is repricing the true demand intensity for AI infrastructure.

Source: Bloomberg

Two oil tankers in the Strait of Hormuz hit mines and catch fire, oil prices may break $100

The Iranian Revolutionary Guard has confirmed the incident, causing a sudden rise in risks to the energy supply chain. If oil prices soar, the electricity costs for AI data centers will rise as well.

Source: CNBC

Technology Companies

Apple pushes AI while cutting employee AI budgets

Engineer’s daily AI usage limit dropped from $300 to $200, with future plans to reduce to $100 or even $25. The comment section of the post with 290 likes on Reddit exploded.

Source: Reddit

Tesla confirms cessation of Cybertruck production in 2027

Tesla officially responds that it is "gradually ending" Cybertruck production. The demise of the stainless-steel pickup is faster than its acceleration.

Source: TechCrunch

NYT plans to acquire Letterboxd for $330 million

The film enthusiast community gets absorbed by traditional media, another instance of "independent community being acquired by giants".

Source: The Verge

Today's Underlying Theme

The Democrats' midterm election victory shifted the market's sentiment from celebration to fear, with expectations of AI regulation becoming a trigger that ignited a stampede sell-off in the U.S. AI sector. Meanwhile, hackers stole $2.5 billion from Binance with $15, tankers caught fire in the Strait of Hormuz, and copper prices plunged—all seemingly unrelated events pointing to the same issue: when external shocks compound, liquidity in high-valuation assets can vanish instantly.

The market revalued the narrative of "brainless growth of AI infrastructure" in just one day. The Democrats want regulation, data center construction may pause, copper prices may rise, and oil prices may exceed $100, putting pressure on both the cost and revenue sides of AI. The Binance incident reminds us: during traditional financial panic, the explosive troubles in the crypto world also exist. Today marks the first real stress test for the AI bubble; the answers are still unclear, but the questions have been raised.