Market Update: AMD Acquires World Labs, 10-Year Treasury Yield Hits 2007 High

AMD has acquired World Labs for $8.2 billion, with Fei-Fei Li joining as Chief Scientist. Anthropic's IPO filing reveals $4.59 billion in revenue for fiscal 2025, alongside plans for $518 billion in AI infrastructure spending. Nvidia has introduced a hardware security chip designed to prevent AI agent malfunctions. Meanwhile, Samsung has invested $1 billion into an AI infrastructure firm backed by Nvidia and KKR. Bitcoin rebounded to $84,000 despite rising 30-year Treasury yields, while crypto ETF inflows slowed but remained positive. Ethereum's Glamsterdam upgrade is scheduled for the Sepolia testnet on October 6. Bybit now accepts Franklin Templeton's tokenized fund as collateral. Additionally, the Reserve Bank of Australia raised rates to 4.60%, citing AI-driven demand as a factor in global inflation.