October 28, 2025

finance  
deepseek, openai and google Updates

The artificial intelligence sector is experiencing dynamic shifts, with Chinese AI models like DeepSeek and Alibaba's Qwen demonstrating impressive performance in a cryptocurrency trading competition, significantly outperforming OpenAI's GPT-5 and Google's Gemini 2.5 Pro. DeepSeek's Chat V3.1 model achieved a 126% gain, turning $10,000 into $22,900 in nine days, while Qwen 3 Max saw a 108% return. These AI models are competing in the Alpha Arena until November 3. Meanwhile, OpenAI is in discussions for a substantial $22.5 billion additional investment from SoftBank, potentially bringing the total to $30 billion, to manage its escalating AI model training and operational costs, which are projected to reach $16 billion this year and $40 billion next year. This funding is contingent on OpenAI completing its corporate restructuring. In the blockchain and AI ecosystem, MetaTech has secured over $25 million in seed funding to develop MetaChain, a high-speed blockchain capable of over 700,000 transactions per second, and an AI-powered investment management platform. The broader tech market is showing resilience, with U.S. stocks rising on hopes of a trade deal and anticipated Federal Reserve rate cuts. Europe's tech sector is also performing well, driven by AI demand, with the MSCI Europe Technology index reporting 16% earnings-per-share growth in the third quarter. Major tech companies like Meta Platforms, Microsoft, and Alphabet are preparing to release earnings, with investor focus on their AI strategies and capital expenditures. The AI chip market is heating up as Qualcomm enters the fray with its AI accelerator chips, aiming to diversify beyond smartphone processors. Broadcom is also positioning itself as a competitor to Nvidia, securing custom AI processor deals, including a significant order from OpenAI for 10 gigawatts of custom AI processors from 2026 to 2029. AMD has also landed a $1 billion U.S. supercomputer contract, underscoring the demand for advanced AI hardware.

Key Takeaways

  • Chinese AI models DeepSeek and Alibaba's Qwen are leading a cryptocurrency trading competition, with DeepSeek achieving a 126% gain and Qwen a 108% gain, significantly outperforming OpenAI's GPT-5 and Google's Gemini 2.5 Pro.
  • SoftBank's board has approved an additional $22.5 billion investment in OpenAI, potentially bringing the total investment to $30 billion, to support rising AI training and operational costs.
  • MetaTech has raised over $25 million in seed funding to develop MetaChain, a blockchain designed for high speed and scalability, and an AI-powered investment management ecosystem.
  • Europe's technology sector is experiencing strong growth, with a 16% earnings-per-share increase in the third quarter, largely driven by demand for artificial intelligence.
  • Major tech companies including Meta Platforms, Microsoft, and Alphabet are releasing earnings reports, with investor attention focused on their AI strategies and related capital expenditures.
  • Qualcomm is entering the AI accelerator chip market in 2026, aiming to expand its product offerings beyond smartphone chips.
  • Broadcom is emerging as a competitor to Nvidia in the AI chip market, securing custom AI processor deals, including a significant order from OpenAI for 10 gigawatts of custom AI processors from 2026 to 2029.
  • AMD has secured a $1 billion contract for a U.S. supercomputer, highlighting the demand for high-performance AI chips.
  • U.S. stock futures are rising amid hopes for a U.S.-China trade deal and anticipation of Federal Reserve rate cuts.
  • The Alpha Arena AI trading competition, featuring six AI models, is ongoing until November 3.

Chinese AI Models Lead Crypto Trading Challenge

Chinese AI models DeepSeek and Alibaba's Qwen have outperformed Western rivals like GPT-5 and Gemini 2.5 Pro in a cryptocurrency trading competition. DeepSeek's Chat V3.1 model achieved a 126% gain, turning $10,000 into $22,900 in nine days. Qwen 3 Max followed with a 108% gain. In contrast, GPT-5 lost nearly 60% of its capital. The competition, hosted by Alpha Arena, tests AI models' trading abilities with identical prompts and data until November 3.

Chinese AI Models Dominate Crypto Trading Contest

DeepSeek and Alibaba's Qwen AI models from China are leading a cryptocurrency trading competition, significantly outperforming Western competitors. DeepSeek achieved a 126% return, growing $10,000 to $22,900, while Qwen 3 Max saw a 108% gain. OpenAI's GPT-5 and Google's Gemini 2.5 Pro experienced losses of nearly 60%. The contest, which started on October 18 and ends November 3, involves six AI models trading cryptocurrencies with identical starting capital and data.

DeepSeek Reclaims Top Spot in AI Crypto Trading Competition

In the Alpha Arena AI trading competition, DeepSeek Chat V3.1 has regained first place, surpassing Alibaba's Qwen3 Max. The competition, which began on October 17, 2025, involves six AI models trading perpetual contracts with $10,000 starting capital. DeepSeek currently leads, employing a 10x leverage strategy across six cryptocurrencies, with ETH as its largest long position. Meanwhile, GPT-5 and Gemini 2.5 Pro remain in last place, having suffered significant losses.

Alibaba's Qwen AI Leads Crypto Trading Competition

Alibaba's Qwen3 Max AI model has taken the lead in the NOF1 AI Trading Competition (Alpha Arena), surpassing DeepSeek Chat V3.1. The competition, running until November 3, features six AI models trading cryptocurrencies with $10,000 each. Qwen3 Max achieved its lead by focusing solely on BTC with a large position. DeepSeek is now in second place after adjusting its strategy to include ETH, while GPT-5 and Gemini 2.5 Pro continue to lag significantly behind.

SoftBank Approves $22.5 Billion More for OpenAI

SoftBank's board has approved an additional $22.5 billion investment in OpenAI, bringing the total potential investment to $30 billion. This funding is crucial for OpenAI to cover its rising AI model training and operational costs, which are expected to reach $16 billion this year and $40 billion next year. The investment is contingent on OpenAI completing its corporate restructuring, which includes a move towards becoming a public benefit corporation, by early 2026.

SoftBank to Invest $22.5 Billion More in OpenAI

SoftBank Group's board has approved a $22.5 billion payout to OpenAI, completing its planned $30 billion investment. This funding requires OpenAI to finalize its corporate restructuring, aiming for an IPO. SoftBank had previously stated its investment would be capped at $20 billion if the restructuring wasn't completed. The Japanese company has invested $2.2 billion in OpenAI since September 2024.

MetaTech Raises $25M for AI Blockchain Ecosystem

MetaTech has successfully raised over $25 million in seed funding to develop MetaChain, a high-speed, EVM-compatible blockchain. The platform aims to address scalability, decentralization, and security challenges using its MetaAnthill technology and Proof of Meta consensus, achieving over 700,000 transactions per second. MetaTech is also building an AI-powered investment management ecosystem and plans to launch its native token, MetaTechCoin (MTT), with a deflationary mechanism.

MetaTech Secures $25M+ for AI Blockchain Ecosystem

MetaTech, a global blockchain and AI company, announced it has raised over $25 million in seed funding. This capital will support the development of MetaChain, a high-speed blockchain designed for scalability, decentralization, and security, capable of over 700,000 transactions per second. The company is also creating an AI-powered investment management ecosystem and will launch its native token, MetaTechCoin (MTT).

US Stocks Rise on Trade Deal Hopes and Fed Rate Cut Outlook

U.S. stock futures jumped as a potential ceasefire in the U.S.-China trade war emerged. Dow futures rose 312 points, signaling a strong start to the trading week. Investors are also anticipating a quarter-point rate cut from the Federal Reserve at its upcoming meeting. Additionally, Wall Street is closely watching earnings reports from major AI companies this week.

Europe's Tech Sector Soars on AI Demand

Europe's technology sector is outperforming expectations, driven by strong demand for artificial intelligence. The MSCI Europe Technology index reported 16% earnings-per-share growth for the third quarter, significantly exceeding forecasts. Despite ongoing chip supply chain issues related to U.S.-China tensions, AI is expected to be a major growth driver for the region's tech companies in 2026 and beyond.

Top AI Stocks to Watch Amid Fed Rate Cuts

The U.S. stock market shows resilience despite AI bubble concerns, with bulls raising year-end targets for the S&P 500. Positive sentiment is fueled by potential easing of U.S.-China trade tensions and the Federal Reserve's rate-cut cycle. Investors are closely watching AI stocks, with companies like Joby Aviation, Dell Technologies, IBM, and Cisco Systems showing potential amid evolving market trends and technological advancements.

Big Tech Earnings Focus on AI Impact

Major tech companies including Meta Platforms, Microsoft, and Alphabet are set to release their quarterly earnings this week. Investors will be closely watching their perspectives on artificial intelligence, particularly Microsoft's outlook on OpenAI. The reports will also provide insights into the significant capital expenditure trends within the sector related to AI development.

Qualcomm Enters AI Chip Market, Stock Surges

Qualcomm announced its entry into the AI accelerator chip market in 2026, leading to a significant surge in its stock price. The company plans to diversify its offerings beyond smartphone chips. This move comes amid a strengthening smartphone market and positive outlooks for AI PCs. While the AI chip landscape includes major players like Nvidia and AMD, Qualcomm's strategic expansion is seen as a positive long-term development.

Semiconductor Stocks Rise on AI and Supercomputer Deals

Semiconductor stocks experienced a significant boost this week, with Qualcomm soaring nearly 12% after announcing its entry into the AI hardware market. AMD secured a $1 billion U.S. supercomputer contract, highlighting the demand for high-powered chips. These developments, alongside shifts in pharmaceutical ad spending benefiting Doximity, indicate strong investor confidence in innovation-driven sectors like AI and high-performance computing.

Broadcom Poised to Challenge Nvidia in AI Chips

Broadcom is emerging as a strong competitor to Nvidia in the AI chip market, particularly with its custom AI processors. The company has secured significant orders, including a deal with OpenAI for 10 gigawatts of custom AI processors from 2026 to 2029. While Nvidia currently leads, Broadcom's custom ASICs offer power efficiency and performance for specific tasks, potentially capturing a larger market share in the coming years.

Sources

AI Models Cryptocurrency Trading DeepSeek Qwen GPT-5 Gemini 2.5 Pro Alpha Arena OpenAI SoftBank Investment AI Blockchain MetaTech MetaChain MetaTechCoin AI Chips Qualcomm AMD Nvidia Broadcom Semiconductors Stock Market Federal Reserve Trade War Tech Sector Earnings Reports Big Tech Microsoft Alphabet Meta Platforms Supercomputers ASICs