According to CNBC, former U.S. President Barack Obama warned that artificial intelligence could be dangerous if it is not properly managed and urged Democrats to build policy and governance agendas around the issue. The New York Times said Obama made the remarks at a recent private fundraising event and told House Minority Leader Hakeem Jeffries that Democrats should create a public framework for AI policy if they regain the House in the midterm elections on November 3. He also said candidates in the 2028 presidential race should make AI a central issue with a clear plan to address safety and economic concerns.

Oracle said co-founder, Executive Chairman, and Chief Technology Officer Larry Ellison has canceled a trading plan that allowed him to sell up to 50 million Oracle shares. According to Sina Finance, the shares were worth about $7.5 billion based on Oracle's September 11 closing price of about $150 per share, and no shares were sold before the plan was canceled. Oracle said in a statement on September 12 that Ellison had canceled the plan, no Oracle shares were sold during its term, and he currently has no other plan to sell his Oracle holdings. The company did not give a reason for the cancellation. Oracle is expanding its investment in AI infrastructure. The company said first-quarter fiscal 2027 revenue rose 30% year over year to $19.3 billion, cloud infrastructure revenue increased 121% to $7.4 billion, and remaining performance obligations rose to $664 billion. Free cash flow was negative $5 billion in the same quarter, mainly due to cloud infrastructure investment, and Oracle also sold $20 billion of common stock through a market offering plan.

According to Sina Finance, Canadian Prime Minister Mark Carney is pushing for an “associate membership” relationship with the European Union that would sit below full EU membership and single-market membership, with cooperation spanning trade, defense, energy, artificial intelligence, critical minerals, research, and people-to-people mobility. The idea is still being studied by technical working groups and has not become a formal institutional arrangement. Canadian and European officials are also discussing deeper access for Canadian companies to EU supply chains in energy, defense, AI, semiconductors, and battery critical minerals, along with possible cooperation on transatlantic subsea cables, data centers, satellite networks, LNG, and Arctic shipping routes. Defense cooperation has already advanced. Canada and the EU signed a security and defense partnership at the 20th Canada-EU summit in June 2025, and in 2026 the EU allowed Canadian companies and Canadian products to take part in defense procurement backed by the European Security Action financing tool, with the agreement taking effect on August 1. Trade integration would build on the Comprehensive Economic and Trade Agreement. According to European Commission data, goods trade between Canada and the EU has risen more than 75% and services trade 97% since the deal was provisionally applied in 2017. Canada is also seeking to expand digital trade talks launched in March and to widen regulatory coordination in key raw materials, energy, clean technology, digital transformation, and defense procurement. However, internal EU approval hurdles and Canada’s trade dependence on the United States remain major constraints.

Australia’s residential real estate activity picked up as the key spring property season finished its second week, with auction volumes still 34% lower than a year earlier, according to Bloomberg. The market remained subdued amid a housing downturn.

The Philippines has halted exports of fresh purple yam to protect scarce planting stocks as global demand rises, according to Bloomberg.

Citrini analyst jukan said on X that AMD has overtaken Qualcomm to become the world’s third-largest fabless semiconductor company. According to Odaily, the statement was posted on the X platform.

Ukraine's Economy Minister Oleksandr Kavachenko said losses from Russian airstrikes on Ukraine's infrastructure and fixed assets since 2026 are estimated at nearly $10 billion. According to Sina Finance, he said the combined economic loss from airstrikes and the de facto blockade of ports is equivalent to about 1.5% of GDP, with roughly $40 billion in export revenue at risk.

China's Ministry of Finance said the China-World Bank Group Global Ecosystem and Transition Center held a high-level symposium in Beijing on September 7, 2026, under the theme “From Vision to Action: Restoring Natural Ecosystems and Promoting Prosperity.” Vice Minister of Finance Liao Min attended the opening ceremony and delivered remarks, and more than 100 representatives from the World Bank, China's Ministry of Natural Resources, developing countries, international organizations and foreign embassies in China attended, according to Jiemian News. Liao said China has pursued the “lucid waters and lush mountains are invaluable assets” concept, developed ecological industries, built a market-based allocation system for environmental resources, and implemented ecological compensation mechanisms, while also taking part in negotiations on climate change and biodiversity protection. He also met before the symposium with Elena, vice president for strategy and operations at the International Finance Corporation, to discuss cooperation.

Perhaps we should be a little more polite to the baby boomers who hold the reins of wealth. If they don't step in to take on this "hot potato," then we ourselves may be the ones who ultimately have to learn how to find joy in hardship and accept a (relative) impoverished life.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

This week, 10 blockchain startups completed funding rounds, raising a total of $563.4 million.

OpenAI is opening up the underlying agent framework that powers its flagship programming assistant Codex to all developers, marking the formal productization of the company's accumulated agent engineering experience.

Coinbase CEO Brian Armstrong pointed out that Bitcoin reaching $400,000 by 2030 is still a reasonable target, and he personally believes that the bottom of this cycle may have already appeared.

After making enough money in the crypto industry, where should you invest your next money?

From a macro perspective, AI exports are experiencing rapid growth. In the first half of 2026, China's AI-related product exports accounted for 22.7% of total exports, contributing 8.6 percentage points to overall export growth. AI exports have become a significant industry trend.

Retail trading is experiencing a golden age: even the Pope has downloaded FOMO to trade meme stocks. Everyone wants to be a streamer. Market predictions are everywhere.

Artificial Intelligence, Technology, Deng Yu: If AI can solve all mathematical problems, I will retire and write novels. A cryptocurrency KOL donated $70,000 to a stranger? Golden Finance: What have KOLs on X been talking about in the past 24 hours?

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3179, providing you with the latest and fastest news on the digital currency and blockchain industry.