AI Industry Development & Policy Dynamics

US stocks and Chinese shares face heightened volatility during the week of November 9-13 as investors await major economic data releases from both countries. Wall Street focuses on the US consumer price index and earnings from AI infrastructure company CoreWeave, while Shanghai investors monitor Chi

According to IREN's fiscal 2027 first quarter results released on November 5, Bitcoin mining revenue fell 58% to $28 million in the July-September 2026 period, while AI cloud revenue surged 182% quarter on quarter to $200 million. The company is in the final stages of exiting cryptocurrency mining a

According to COINOTAG, an open-source research project on GitHub has used Grok, the AI chatbot developed by xAI, combined with stylometry analysis to test one of crypto's oldest conspiracy theories—whether Elon Musk is Satoshi Nakamoto. The satoshi-stylometry repository ranked Musk 30th out of 66

According to Reuters, Google acquired Crusoe Energy's data center facility in southeastern Wyoming on November 6, as parent company Alphabet announced a USD 17 billion investment in the project the day prior. Crusoe said it completed early-stage development work including site selection,

The South Korean bond market is expected to track semiconductor-related stock movements during the week of November 9-13, while facing level burden concerns as 3-year government bond yields declined to the early 3.60% range. The Bank of Korea will release its October Monetary Policy Committee

Lintasarta is strengthening efforts to realize Indonesia’s digital sovereignty through its Merdeka AI initiative, providing artificial intelligence infrastructure and services that enable companies to manage data, security, and business operations in accordance with national regulations. The initiative is intended to help domestic industries adopt artificial intelligence (AI) technology safely, responsibly, and in line with business needs. The development of this technology reflects the company’

Major Wall Street firms identified buy-the-dip opportunities in US stocks following a sharp selloff on November 5, when the S&P 500 fell 4.4% and the Nasdaq 100 dropped 6.4%. Bloomberg reported on November 7 that selling intensified on concern that regulation of data centers and the artificial

According to Tom Lee, chairman of Ethereum treasury company BitMine, in a CNBC interview today (Nov 8), AI stocks have been excessively repriced following midterm elections. Despite policy headwinds, Tom Lee expects

According to BlockBeats, Cathie Wood stated on November 8 that she does not believe the recent U.S. midterm election results will derail the AI revolution. She noted that while market uncertainty is understandable, the economy is experiencing stronger growth than most investors realize. Wood

According to Reuters, OpenAI has secured the first $11 billion in its latest funding round on Friday (Nov 6), bringing its valuation to $1.25 trillion. The company had originally targeted up to $30 billion in this round at a $1.5 trillion valuation, but revised both figures downward. SoftBank and

Brawijaya University (UB), through its Directorate of Information Technology (DTI), is promoting Large Language Model for Network Operations (LLMNetOps) to protect personal and campus data while providing university operational services powered by locally hosted generative AI technology. The decision is based on the risks inherent in using public AI services. Technological developments in higher education increasingly underscore the importance of digital infrastructure independence and data secu

Taiwan AI supply chain stocks fell sharply on the 6th as US data center buildout concerns intensified following the midterm elections. Hanasia Investment Trust stated the delays stem primarily from power supply bottlenecks and permitting issues, causing project deferrals rather than outright

According to Hana Investment, following U.S. midterm elections on November 5, market concerns over data center buildout have escalated, triggering a broad selloff in AI stocks and weighing on Taiwan's AI supply chain. The investment firm noted that while data center construction may slow, current

According to reports on Guru Club, OpenAI began deactivating ChatGPT accounts on November 7 without prior email notification. Affected users reported being unable to log in, with accounts displaying "account deleted or suspended" messages. The deactivations affected free API accounts, team shared a

Madison Huang, NVIDIA senior director and daughter of CEO Jensen Huang, canceled her scheduled South Korea visit on November 8-10. The cancellation was attributed to a family matter, with no further details disclosed. The visit was to include meetings with Deputy Prime Minister Bae Kyung-hoon and

According to Yonhap InforMax, Madison Huang, Nvidia senior executive and daughter of CEO Jensen Huang, canceled her South Korea visit on November 8 due to family reasons. The cancellation includes a planned meeting with South Korea's Deputy Prime Minister and Huang's participation in Nvidia AI Day S

CoreWeave co-founder and Chief Executive Officer Michael Intrator sent a letter to Texas Governor-elect Gina Hinojosa on November 7 requesting cooperation on data center development. The letter responds to Hinojosa's pledge to pause data center projects in Texas until safeguards for residents are es

NH Investment & Securities projected on Nov. 8 that South Korea's Kospi index would trade in a 5,000-6,000 range this week, from Nov. 9 to Nov. 13, as the market attempts to rebound from a US Democratic sweep shock. The brokerage cited easing concerns over AI data-center regulation and lower

CoreWeave has reached out to Gina Hinojosa, the incoming governor of Texas, seeking collaboration on the state's current and future data center projects. CEO and co-founder Michael Intrater stated that the company aims to align its data center development with Texas's