The most powerful AI models are facing restrictions from a group of the wealthiest clients.

Europe is moving to build rivals to SpaceX as US President Donald Trump’s NASA reshapes trans-Atlantic space ties, according to Bloomberg. For the second week in a row, Paris is presenting itself as the center of the space industry.

According to RTHK, HKET and Reuters, Asian equities were mixed at midday Tuesday as investors braced for likely interest-rate decisions from the U.S. Federal Reserve and the Bank of Japan this week, with oil prices and U.S. Treasury yields climbing. Tokyo's Nikkei 225 recovered earlier losses to trade in positive territory, at 63,664.17, up 171.18 points or 0.27% as of 04:33 UTC. Chip-related names were mixed, with Tokyo Electron little changed and Advantest down 1.38%. Seoul's KOSPI slipped in continuous trade to 6,658.17, down 26.20 points or 0.39% as of 04:33 UTC, extending Monday's more-than-3% drop. Samsung Electronics edged up 0.10% while SK Hynix added 0.24%. Hong Kong stocks were narrowly lower at the midday break, with the Hang Seng Index closing the morning at 24,859, down 58 points or about 0.23%; morning main-board turnover topped HK$96.2 billion. Financial and property stocks weakened ahead of the Fed meeting, with HSBC off more than 2% and BOC Hong Kong down close to 3%. The Hang Seng Tech Index bucked the trend, ending the morning up 0.76% at 4,350, as Alibaba rose more than 2% and Tencent gained nearly 3%; AI large-model shares faced selling, with Zhipu and MiniMax down around 5% or more. Taiwan's TAIEX was softer at 45,681.34, down 181.18 points or 0.40% as of 04:33 UTC, as TSMC rose 0.42% while MediaTek fell 1.43%. In mainland China, the Shanghai Composite was little changed at the midday break at 3,881.41, down 0.10%, while the Shenzhen Component edged up 0.04% to 13,389.63 and the CSI 300 was flat at 4,479.47.

X user Kevin Bass said he audited Anthropic's finances and found what he described as alarming results, prompting him to call on Congress to investigate. According to ChainCatcher, Bass argued that Anthropic has built a regulatory-capture system that cannot be shut down and said its structure creates incentives that make self-termination impossible. Bass said the cycle begins with METR, which Anthropic CEO Dario Amodei proposed as a third-party evaluator of model risk. He claimed METR is financially dependent on Anthropic's success, pointing to more than $700 million in Anthropic stock growth and saying the stock was placed by Facebook co-founder Dustin Moskovitz into Good Ventures Foundation, which he described as a dominant funder across the Anthropic ecosystem. Bass said the stock was worth $500 million earlier last year and more than $770 million about 16 months later, and argued METR could not afford to disrupt that growth. He also said the same funding source supports groups promoting AI doom, including the Tarbell Center, which has published in The Verge, Science, and the Los Angeles Times. Bass said METR and similar groups are not independent of Anthropic and cannot provide an independent assessment.

According to Nikkei Asia, a new set of Chinese exit and entry rules took effect Tuesday as Beijing tightened its legal framework for border control and explicitly tied decisions on who can enter and leave the country to national security.

European Central Bank Vice President Boris Vujcic said soaring market valuations driven mainly by artificial intelligence leave equities vulnerable to a correction, according to Bloomberg.

Threat actors who allegedly obtained sensitive Revolut customer information have begun posting the data online and are threatening to release more customer records every day until the fintech gives in to their demands.

Singapore new home sales fell in August as developers delayed project launches during a period seen as inauspicious for buying. According to Sina Finance, Urban Redevelopment Authority data released on Tuesday showed developers sold 153 private new homes last month, the lowest since February 2024. July sales totaled 731 units, compared with 2,142 a year earlier. The decline was widely expected because it coincided with the Hungry Ghost Festival in the seventh month of the lunar calendar, which runs from mid-August to September 10 this year. Developers typically schedule launches several weeks before or after that period. The seasonal factor is unlikely to reverse Singapore's improving housing market, and new home sales partly depend on how many projects developers bring to market. Private residential prices rose 0.5% in the second quarter, slowing from a 0.9% increase in the previous quarter.

American private equity firm Carlyle Group Inc. is backing a deal to buy Canadian oil and gas company Parallax, according to Bloomberg. The transaction marks Carlyle's second major investment in Canada's oil sector in the past year.

The Indonesian rupiah fell for a fourth straight day, pressured by rising oil prices and broad U.S. dollar strength. According to Sina Finance, President Prabowo Subianto appointed Suharso Nazara to replace Purbaya Yudhi Sadewa as finance minister on Monday evening. The dollar rose 0.2% against the rupiah to 17,677, and if it extends gains for a fourth straight session, it would mark the longest winning streak since late July. The spot dollar index rose 0.1% after gaining 0.4% in the previous session, when the U.S. 10-year Treasury yield first moved above 5% since 2023. Overnight index swaps showed the Federal Reserve was almost certain to raise rates on Wednesday after last week's inflation data pointed to sticky price pressures. Indonesia's 10-year government bond yield rose 1 basis point to 7.17%. Indonesia's finance ministry said global funds bought a net $61.4 million of Indonesian bonds on September 10. Shinhan Securities Indonesia fixed-income analyst Adela Vihasena said Suharso's appointment signaled policy continuity and reduced policy uncertainty, adding that the market's initial reaction on Monday was positive.

The future of RWA is no longer simply about listing new assets, but about transforming assets into capital with productive capacity, ultimately achieving borderless capital circulation: assets can be freely transferred, settled, traded, and mortgaged, and deeply integrated with other financial systems on the blockchain.

The speed of AI development will most likely still be driven by variables such as computing power, capital, and geopolitical competition, rather than by the open letter issued over the weekend.

Altman said OpenAI will not go public in 2026, citing AI safety concerns

Faced with the formidable threat of OpenAI's GPT-6 Astra, Anthropic has gone all out, with Opus 5.2 giving developers a glimpse of "cutting-edge models." In the final battle of ASI, who will be the first to achieve a stronger RSI?

The EU is preparing rules that could restrict under-15s from social media, video-sharing platforms, AI chatbots and online games, with tech companies required to verify users’ ages.

With the Bessant repurchase program failing and pressured by geopolitical factors, oil prices, and inflation, the Federal Reserve may be about to begin a full-scale interest rate hike cycle.

The real question worth asking today isn't when AI will slow down, but rather what we still have to go through before the whole world is finally willing to put on the brakes together.

The pace of AI development has far exceeded everyone's expectations. Cutting-edge intelligence should be made available to everyone in an open and affordable manner.