1. No warning! It was revealed that ChatGPT suddenly banned accounts on a large scale, including paying users
2. President Yuantong feels sorry for his son Tim: He really works harder than most people think.
3. Musk: When he entered China to build a factory, he was asked to form a joint venture, but he refused because Tesla was a baby.
4. The smart ring is priced at 2,499 yuan. It is said that it will not be easily pushed down after being worn? Many netizens pointed out that there is no scientific basis
5. There is a rumor on the Internet that "Yu Chengdong is no longer in charge of the automobile business"? Posting a car blog post again after a month of silence, suspected to be an indirect response
6. BYD Li Ke responded to rumors of acquiring Maserati: Maybe there was more interest a few years ago, but now we have gone our own way.
7. A major robbery occurred at Nvidia. Goods worth more than 76 million yuan were mysteriously missing, and the truck was missing.
8. OpenAI completed US$11 billion in financing, with a valuation of US$1.25 trillion
No warning! It was revealed that ChatGPT suddenly banned accounts on a large scale, including paying users
On November 8, a number of technical communities exposed the sudden large-scale account ban incident of OpenAI. A large number of users reported on Reddit and the domestic developer community that ChatGPT accounts were deactivated without warning, including Pro users with a monthly subscription fee of US$200. Some users said that they did not receive any notification before their accounts were blocked, and their long-term accumulated chat records and work information were therefore inaccessible.
Judging from user feedback, most of this round of account bans do not have pre-email reminders. When users log in, they are directly prompted that their accounts have been deleted or deactivated. The ban is triggered by batch recognition in the system background and is not manually reviewed one by one. The worst-hit areas are those that subscribe to accounts in low-price areas, register accounts in batches, share payment cards or equipment, transit and reverse generation access, resell API quotas, and accounts suspected of model distillation. There are also many users who report daily compliant use, but are found to be related to banned accounts by the system and are implicated in bans.
The OpenAI Support account later responded, stating that due to the specific account information involved, the account suspension appeal could not be processed in the public community forum. Users should appeal through the link in the ban notification email; if they do not receive the email, they can contact customer service through the official appeal form or the help center. The reply did not explain the specific reason why the user's account was blocked.
Currently, the market generally speculates that the reason for the ban is the tightening of platform policies, such as cracking down on API reselling, transfer agents, and calling model data to distill and train competing products, as well as new upper limit rules for device and payment card binding to curb arbitrage in bulk account maintenance. (21st Century Business Herald)
President Yuantong feels sorry for his son Tim: He really works harder than most people think
According to news on November 8, at the 8th World Zhejiang Entrepreneurs Conference that opened recently, Pan Shuimiao, President of YTO Express, talked about his son Tim. His words were full of pride, but what he said most was heartache: "He really works harder than me or more than most of you imagine."
According to Pan Shuimiao, Tim flies 400,000 kilometers a year, averaging more than 1,000 kilometers a day. In his eyes, his son also embodies the spirit of Zhejiang merchants, who is very diligent and hard-working. He believes that youth is the greatest capital, and young people should venture and try. In addition, regarding his appointment as the chairman of Hangzhou Xingao Media, a company related to the film and television hurricane, Pan Shuimiao responded simply: He was not involved in the specific business and the company was not involved. He only provided his son with personal guidance on the supply chain, business model, and company strategy.
It was previously reported that Hangzhou Xingao Media Co., Ltd., a company related to the film and television hurricane, has recently undergone industrial and commercial changes. Pan Shuimiao, director and president of YTO Express, has assumed the position of chairman of the company, holding 25.65% of the shares and becoming the second largest shareholder. Public information shows that the founder of Film and Television Hurricane Pan Tianhong (screen name Tim) was born in 1996 and graduated from the Film Department of the University of Kent in the United Kingdom. The account started in 2014. It was originally a personal film and television clip sharing channel run by him as a high school student. Now it has grown into a leading domestic film and television technology self-media with tens of millions of fans on the Internet. (Quick Technology)
Musk: When he went to build a factory in China, he was asked to form a joint venture, but he refused because Tesla was a baby.
According to news on November 8, at the 33rd Baron Investment Summit, Tesla CEO Musk and Baron Capital founder Ron Baron talked about the inside story of Tesla’s negotiations to enter China to build the Shanghai Gigafactory.
According to convention, foreign-funded car companies must establish joint ventures with Chinese parties when building factories in China, and the foreign shareholding ratio is usually limited to no more than 50%. Musk recalled that the negotiations lasted for several years, and the Chinese insisted that Tesla must find a Chinese partner to jointly build a factory. But Musk's reason for rejection was quite bizarre, "We are just a baby company. Babies shouldn't get married, and babies walking on the red carpet look too funny." Faced with China's rebuttal, Musk insisted that we are babies, and babies shouldn't get married because they are too young. After several rounds of pulling, Tesla was finally approved to fully own the factory.
Talking about why he insists on sole proprietorship, Musk explained that Tesla needs to move quickly and make quick decisions. If everything must first seek permission from others, innovation will be impossible. He made an analogy, like driving with your own hands on the steering wheel, but then he criticized it, saying that with autonomous driving, this analogy would no longer hold true.
He said that Tesla Model Y is the best-selling electric vehicle in the Chinese market. To achieve this result surrounded by Chinese car companies is as difficult as "winning a land war in Asia." He bluntly said that Chinese car companies are super powerful. (Quick Technology)
The smart ring is priced at 2,499 yuan and is said to be less likely to be pushed down after being worn? Many netizens pointed out that there is no scientific basis
According to news on November 8, a smart ring at an exhibition recently became popular, and many media reported on the ring. At the exhibition site, after the experiencer put on the ring, the sales staff would push the experiencer hard. Some experiencers said that the ability to resist pushing was significantly improved after wearing the ring. However, many netizens pointed out that such products have no scientific basis. Fu Shengfa, chairman of Cheetah Mobile, publicly questioned the ring in a video and said "there are endless scams."
On November 6, the media called Sharing Online (Hangzhou) Technology Co., Ltd. (hereinafter referred to as Sharing Online), an affiliate of the ring product. Wu Hongfei, the legal representative of the company, said that academician-level scientists will be invited to explain the matter next.
According to some media reports, the ring is called "Jiwo Smart Ring". After searching on WeChat, the "Jiwo Sharing Online Store" store will appear. The store sells a product called "Jiwo Kring01 Smart Ring" with a price of 2,499 yuan. Product details show that the above-mentioned products have the characteristics of "optimizing balance perception, optimizing sleep experience, and ultra-long lasting battery life." According to media reports, the product has been removed from the shelves on multiple platforms. (China Business News)
It is rumored on the Internet that "Yu Chengdong is no longer in charge of the automobile business"? Posting a car blog post again after a month of silence, suspected to be an indirect response
According to news on November 8, recently, it was reported that "Yu Chengdong will no longer directly manage Huawei's automotive business." Some bloggers quoted former employees of Huawei's car BU as saying: "Since Lao Yu (Yu Chengdong) stopped taking direct charge of the car business, the leaders of the car BU don't care much about the business or products. They care about other things and have become very bureaucratic."
It is worth noting that the media recently reported that Yu Chengdong has not released any car-related content on his social platform in the past month; when car companies recently announced their monthly sales intensively, he also did not release the Hongmeng Zhixing battle report as usual, which was regarded by the outside world as circumstantial evidence of the rumors.
But on the afternoon of the 7th, Yu Chengdong updated his Weibo and announced that "the national test drive of Xiangjie V8 has officially started. You are welcome to bring your family to experience it. We look forward to hearing everyone's real feedback. The press conference is approaching, so stay tuned!" This is the first time he has released car-related news in the past month, and it has been interpreted by the outside world as an indirect response to the rumors of "no longer directly managing the car business." (Sina Technology)
Xiaomi Auto's structural adjustment: the establishment of an international business department, and vice president Yu Liguo concurrently serves as the general manager of the international business department
According to news on November 8, Xiaomi Motors recently announced that it will undergo structural adjustments and establish an international business department. Yu Liguo, vice president of the automotive department, will also serve as general manager of the international business department, reporting to the group CEO and automotive department president Lei Jun and group president Lu Weibing.
In addition, the International Business Department of Xiaomi Motors consists of the Automobile International Marketing Department, which reports to the General Manager of the International Business Department, Yu Liguo, and the Vice President and CMO of the Group, Xu Fei. It consists of the GTM Department, Sales Department, Network Development Department, Delivery Logistics Department, User Service Department, General Management Department, and Overseas Regional Departments, and the relevant work reports to the General Manager of the International Business Department, Yu Liguo.
In May this year, Xiaomi Motors established an overseas business preparation group, with Yu Liguo, vice president of the automotive department, also serving as the leader of the overseas business preparation group. The official establishment of the International Business Department and the establishment of multiple sub-departments means that Xiaomi Motors’ process of going overseas is further accelerated. (Sina Technology)
Zhang Yaqin asked about the large model moat, Yao Shunyu responded
According to news on November 8, in a dialogue at the 2026 Future Science Award, Zhang Yaqin, a foreign academician of the Chinese Academy of Engineering, asked Yao Shunyu, chief AI scientist of Tencent, a sharp business question. What is the moat of a model company?
Yao Shunyu’s answer is that the AI moat exists more at the product layer rather than the model layer. What is truly difficult to replace is not necessarily the smartest model, but an AI product that can understand the user's background, utilize proprietary data and context, and gain user trust.
After hearing this answer, Zhang Yaqin started joking. He joked that according to Yao Shunyu's logic, Anthropic may not be worth one trillion or even two trillion US dollars in the future, because the model may one day become commercialized. Later, he smiled and reminded the students present not to listen to his advice to buy stocks. (China Business News)
It is revealed that Tesla is low-key looking for a sales manager in China: the predecessor has been poached
According to news on November 8, blogger "Yangtze River Delta Walker" recently broke the news on social platforms that Tesla is low-key looking for a new sales manager in China. The blogger said: "The industry is involved in involution. The higher the position, the more uneasy it is and the greater the pressure, especially sales!"
There is a precedent for Tesla’s core executives in China being poached. On April 1 this year, Xiaomi was revealed to have poached two Tesla China executives. Kong Yanshuang, the former general manager of Tesla China, joined Xiaomi in early March and took over the car sales business from Li Xiaorui, the former director of Xiaomi Motors. However, Xiaomi did not officially announce his position internally at that time. At the same time, Song Gang, the former vice president of production and manufacturing at Tesla's Shanghai factory, also reported that he would join Xiaomi Motors. Xiaomi has yet to respond to this.
The importance of the Chinese market to Tesla is self-evident. The Shanghai Gigafactory is Tesla's base with the highest production capacity in the world. Musk just said "I love China" at the Barron's Investment Conference a few days ago, saying that the Model Y produced in Shanghai is China's best-selling electric car, but at the same time he admitted that "Chinese car companies are very powerful." (Quick Technology)
BYD Li Ke responds to rumors of Maserati acquisition: Maybe interest was higher a few years ago, but now we have gone our own way
On November 8, according to media reports, BYD Executive Vice President Li Ke was asked again by the media about the rumors of acquiring Maserati during the U9 Xtreme speed record celebration in Abu Dhabi.
Li Ke responded: "Perhaps we were more interested a few years ago. But now we have embarked on our own path and are heading in the right direction. Moreover, the fastest car in the world is ours... Because of this, we look forward to the successful launch of the brand. We will see more and more of our cars on the road here. Everyone recognizes our products and it will be easier to build our own brand. This choice is more suitable for the future and can better leverage the value of technology."
The news gained traction in May last year, when Li Ke said historic brands like Maserati were "very attractive" but made it clear that no substantive acquisition process had yet begun.
As previously reported, on November 6, Beijing time, BYD looked up to the U9X (U9 Xtreme) for a speed challenge on public roads in Abu Dhabi, setting a new global speed record with a speed of 503.17km/h. Currently, the new top speed of 503.17km/h achieved by the U9X supercar has been certified by two international authoritative organizations, the FIA and Guinness World Records. (Sina Technology)
Li Shufu: The contradiction between the different lifespans of cars and electricity will one day break out.
According to news on November 8, Li Shufu and Li Bin had a conversation recently at the Wuzhen Kahui Automobile Night Talk of the 2026 World Internet Conference. This was also the first public communication between the two leaders after Geely and NIO reached a strategic cooperation in charging and swapping.
Li Shufu pointed out that the contradiction between vehicle and battery lifespan will one day be concentrated. The current popularity of new energy vehicles is still short, and the problems have not yet been exposed on a large scale. However, the normal service life of vehicles is much longer than that of batteries. Whether it is directly replacing a new battery pack or dismantling and repairing an old battery, the cost remains high. Battery replacement is a feasible way to resolve this problem. If you rely on the battery swap mode, users will not have to worry about battery degradation for a long time, and the vehicle is expected to be used stably for twenty years. This is the core reason why Geely continues to be optimistic about the battery swap route.
Li Bin is also concerned about the pain points of the entire life cycle of power batteries. Most of the current industry standards use eight years or 160,000 kilometers and 70% battery health as warranty references, but the service life of the vehicle is often longer. When a vehicle enters its tenth year or even beyond, battery performance declines and safety risks increase. It is not enough to only focus on the early use experience. He revealed that he began to study this problem more than ten years ago and finally selected a battery replacement solution. Battery replacement not only increases the speed of energy replenishment, but also provides a channel for the replacement of aging batteries. (Quick Technology)
Wang Teng clarifies the smart ring material controversy: not all inner plastic solutions are IQ taxes
According to news on November 8, today Yixiu founder Wang Teng talked about the material of smart rings and suggested that consumers pay attention to whether the inner and outer rings of the product are made of titanium alloy when purchasing. When Wang Teng forwarded other brands of smart rings shared by netizens, he said that currently, in order to control costs, most smart rings use inner ring plastic solutions, and the process is relatively simple. High-end smart rings usually use titanium metal designs for the inner and outer rings, which have more advantages in texture and wearing experience.
"The most important wearing experience of a ring is not worth spending money on, and other components are even less likely to be used well. If it also claims to have unreasonable functions, it will be an IQ tax." Wang Teng said. These remarks sparked discussion, and subsequently, some media reported on the topic "Wang Teng said that the plastic used in smart rings is an IQ tax."
In this regard, Wang Teng issued a special document to clarify that he did not say that all smart rings with inner ring plastic solutions are IQ taxes, and he hoped that the media would not take it out of context. He further explained that the inner ring plastic solution is inferior to the inner and outer ring titanium solution in terms of wearing experience and craftsmanship, and the cost is also relatively lower. This is like the difference between the plastic middle frame and the metal middle frame of mobile phones. Different products have different positionings, and consumers can choose according to their own needs. (Quick Technology)
Liu Dongfang of Shangwei New Materials: The current monthly activity of Qiyuan Robot exceeds 98%, with an average of more than 100 interactions per user per day.
According to news on November 8, the 10,000th personal robot of Shangwei New Materials Qiyuan Robot officially rolled off the production line. Liu Dongfang, co-president of Qiyuan Robot and president of Q Business Department of Shangwei New Materials, said: Qiyuan Robot’s current monthly activity exceeds 98%, the average daily online peak exceeds 40%, the average daily online time is 3 hours, and each user interacts more than 100 times a day on average. At the mass production site, Liu Dongfang delivered Qiyuan Q1 numbered "NO.10000" to representative user Wu Xiaobo. (IT Home)
The first domestic law school of science and technology was established
According to news on November 8, the first domestic law school of science and technology, the Law School of Science and Technology of the University of Science and Technology Beijing, was recently established in Xiongan New Area. The college has four teaching and research institutions including intellectual property, science and technology law, science and technology policy, and legal foundation, which are promoted step by step along with graduate student enrollment. In the initial stage, an undergraduate major in construction law and composite intellectual property will be set up, and professional master's training will also be gradually deployed in Xiongan.
In the future, the School of Science and Technology plans to gradually build a high-level teaching team of about 100 people, and no less than 50% of the main professional teachers have practical industrial experience. The School of Science and Technology focuses on strategic technologies and future industries such as artificial intelligence, autonomous driving, new materials, green low-carbon metallurgy, aerospace information, and key minerals. It promotes the in-depth cross-integration of law with advantageous disciplines such as materials, metallurgy, mining, and computers, and strives to cultivate "technology + law" compound talents. (China Business News)
A major robbery occurred at NVIDIA, goods worth more than 76 million yuan were mysteriously missing, and the truck was missing.
According to reports on November 8, foreign media recently reported that the police in Oakland, California, are currently investigating a case of theft of goods involving the technology company Nvidia. The stolen items were AI chips and computer hardware worth up to US$11.4 million (approximately 76.1 million yuan).
Analysts said this may be a well-planned theft targeting high-tech companies. According to the case, a truck carrying NVIDIA cargo departed from Oakland, California, on August 29 this year, and was originally scheduled to be transported to Fort Worth, Texas. The pickup process was in accordance with the original arrangement, but the truck eventually lost contact, and the victim reported the case to the police on September 13.
Police traced the truck and found that it had made multiple stops along the way, lasting several hours at a time, before eventually disappearing in San Bernardino County in southeastern California. So far, the police have not arrested any suspects. Experts also said that the selling price of this batch of chips outside the United States is nearly twice that in the United States, and they cannot rule out the possibility that the stolen goods have been transferred out of the country.
It is reported that this is not the first time that Nvidia has encountered cargo theft. Experts said that the scale and complexity of such cases indicate that related criminal methods are becoming increasingly professional, and the transportation safety risks of high-value technology products are gradually becoming more prominent. (Major events in Shenzhen)
OpenAI completes US$11 billion in financing, valued at US$1.25 trillion
According to news on November 8, OpenAI has raised US$11 billion in a new round of financing, with a valuation reaching US$1.25 trillion. According to reports, the $11 billion is part of a larger round of financing that has not yet been completed. The round is expected to close in the coming weeks and could total around $20 billion, one source said. In late September, foreign media reported that OpenAI plans to raise US$30 billion in the next round of financing. But the current amount of financing is well below this goal.
The news came just hours after foreign media reported that potential buyers of OpenAI's main competitor Anthropic's IPO expected a valuation far lower than Anthropic's previous target. According to the report, some potential buyers believe Anthropic could be valued as low as $1.1 trillion, while about a month ago, investors expected a valuation of $2 trillion.
OpenAI had previously hinted that it would go public this year, but later postponed its plans to go public. The company is widely expected to launch an IPO sometime next year. The artificial intelligence market is in a particularly difficult situation right now. A landslide Democratic victory in the U.S. midterm elections, along with widespread negative sentiment toward data centers among voters, has stoked turmoil across the market, with many anticipating regulatory challenges ahead. (Sanyan Technology)
ByteDance plans to expand data center project in Brazil
According to foreign media reports on November 8, ByteDance is considering expanding its data center project in northeastern Brazil to further consolidate its leading position in the field of computing infrastructure construction in Latin America.
According to people familiar with the matter, ByteDance is looking for a developer to be responsible for the second phase of the Payson Industrial Port data center project in Ceara state, Brazil. The project can enjoy tax benefits by exporting data overseas. At the same time, Chile, Argentina and other countries have launched preferential policies and improved infrastructure in an effort to attract data center investment. Brazil also hopes to maintain its advantage in this competition.
According to people familiar with the matter, the construction scale of the second phase of the Port of Payson data center will exceed the US$10 billion (approximately 66.908 billion yuan), 300MW project currently under construction in Ceará state. Some people also revealed that ByteDance is in preliminary discussions with developers and is considering building another data center of similar size outside the Port of Payson area to specifically serve local Brazilian customers. According to reports, ByteDance regards AI as the next growth engine, so it has significantly increased hardware investment and upgraded the equipment configuration of data centers. (IT Home)
Musk: SpaceX’s annualized revenue could reach $500 billion next year
November 8 news: Elon Musk, the world’s richest man, claimed on Friday that annualized rate revenue (ARR) of his aerospace company SpaceX could reach $500 billion by the end of 2027.
In an interview with the media, Musk said that the revenue target of US$1 trillion is just his "best guess", but reaching US$1 trillion is not impossible, although he believes that the probability is only 2%. "Unless there is some kind of natural disaster or other accident, we will be able to achieve this goal," he stressed, adding: "This is not a promise, just my personal prediction."
As for his expectations for the end of the year, Musk said he expects "annual revenue to exceed $100 billion." As of 1:58 p.m. ET, the company's shares were up 7.40% at $132.76. (Sanyan Technology)
Google reveals $548 million stake in Qualcomm
According to news on November 8, Alphabet Inc recently announced that it holds shares in Qualcomm worth nearly US$548 million, highlighting its investment outside of Google’s core business. The company held about 3 million Qualcomm shares as of September, documents show. In addition, Alphabet also increased its stake in SpaceX to more than 555 million shares from the previous 551.2 million shares.
Previously, Qualcomm had revealed that declining sales of smartphone chips had raised concerns about demand for its largest business segment. But Qualcomm is making a big push into artificial intelligence data centers, an area the company sees as having greater revenue potential.
Alphabet's stake in Qualcomm puts it in a position to benefit from this transition, but the filing did not make it clear whether the two companies plan any commercial collaboration. Alphabet's larger stake in SpaceX also increases its investments in satellite communications and other infrastructure. The holdings give investors a glimpse into Alphabet's strategy of making large investments beyond advertising and cloud services. The next key catalyst will be whether Alphabet discloses further information about these holdings or the development of Qualcomm's data center business. (Sanyan Technology)
Su Zifeng: AMD is a data center-first company
According to news on November 8, AMD CEO Lisa Su recently described the company as a "data center first" company in an interview with the media.
This statement occurred after AMD announced its financial results for the third fiscal quarter of fiscal year 2026 (June 28, 2026 to September 26, 2026), which showed that its data center revenue nearly doubled compared with last year.
Su Zifeng said that the implementation and popularization of artificial intelligence has far exceeded the expectations of many companies. Companies that used to make investment plans on an annual basis are now adjusting their budgets more frequently to cope with the increasing demand for computing power. AMD is responding to this by increasing supply capacity and working with customers to promote larger-scale system deployments. (IT Home)
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