Elon Musk's AI company xAI has launched Grokipedia, an open-source, AI-driven encyclopedia designed to compete with Wikipedia. The platform generates factual summaries for new entries and allows users to request edits or additions, according to the company. Reactions have been mixed over concerns about neutrality and potential bias in content. Wikipedia has created a page on Grokipedia, noting that some of its content may have been adapted from Wikipedia articles.

TeraWulf Inc. has formed a joint venture with Fluidstack Ltd. to develop a 168-megawatt AI data center in Abernathy, Texas, securing $9.5 billion in contracted revenue. The project marks TeraWulf's strategic pivot from Bitcoin mining to high-performance computing infrastructure. On October 29, 2025, the announcement triggered a stock surge of over 20%.

Neo and SpoonOS have launched the Scoop AI Hackathon, a global initiative exploring the integration of blockchain and artificial intelligence. The event spans multiple cities and runs from October 22, 2025, to January 31, 2026, offering $100,000 in prizes. Registration opens on October 22, 2025, with in-person and online participation options available across locations. Developers will build decentralized AI applications using SpoonOS technology during the four-month competition.

Intellistake Technologies Corp. (OTC: $ISTKF) announced that an external holder has staked 1 million FET tokens on its validator node, marking the first third-party delegation within the ASI Alliance ecosystem. The validator generates 5–8% APR on direct stakes and charges an 8% fee on third-party reward earnings.

Tether's CTO Paolo Ardoino said the energy competition between Bitcoin and artificial intelligence will establish a long-term equilibrium lasting centuries. He also announced Tether's plan to become the world's largest Bitcoin miner by the end of 2025.

Mark Zuckerberg's $50 billion metaverse bet delivered no results, fueling skepticism about his AI pivot. Despite heavy promotion by tech leaders including Sam Altman and Sundar Pichai, AI agents have not driven expected business growth, with Salesforce projecting flat performance. AI remains a suite of software tools rather than transformative intelligence, drawing comparisons to past tech bubbles.

Saudi Arabian crypto-AI project Astra Nova said a third-party market maker account was compromised, leading to the liquidation of 8.6% of its RVV token supply and a $10.2 million loss. The price of RVV dropped by around 50% following the incident. Astra Nova pledged to buy back the tokens from the open market. According to blockchain analyst EmberCN, most of the proceeds were transferred to exchanges Gate and Kucoin.

Galaxy Digital has obtained $460 million from a major private investment firm, with funds directed toward expanding its Helios data center in Texas, which is being transformed from Bitcoin mining to AI computing operations.