AI Industry Development & Policy Dynamics

Gate News, May 29, according to Gate market data, as of the time of writing, ALLO (Allora) is trading at $0.18. It is up 92.86% over the past 24 hours, with a high of $0.18 and a low that fell back to $0.09. The 24-hour trading volume is $9.589 million. The current market cap is approximately $36.2604 million. Allora is an open intelligent platform designed to enhance the adaptability, collaboration, and efficiency of AI systems. The network enables users and developers to access and contribute

According to BlockBeats, Microsoft cancelled most Claude Code licenses on May 29 due to rising costs, with one AI advisor revealing a client spent $500 million in a single month on Claude usage without employee restrictions. Uber's COO also stated that AI spending was becoming increasingly

According to CCTV, on May 29, China's CAICT and China Electric Cloud Computing jointly released the technical specification AIIA/T 0299-2026 for procurement intelligent agents (AIIA/T 0299-2026: Technical and Application Requirements for Enterprise Management Software Intelligentization - Part 1:

Dell Technologies (DELL) announced its fiscal first-quarter results for the period ended May 1 on May 28. Revenue in the quarter was $4.384 billion, AI server revenue was $16.1 billion, and adjusted earnings per share were $4.86. After the results were released, Dell shares briefly rose 39% in after-hours trading, reaching a high of $443.86; ahead of the close, they were $317.05. Confirmed Q1 and FY2027 full-year financial data Dell’s Infrastructure Solutions Group (ISG, servers and data center

According to BlockBeats, Lenovo Group (00992.HK) surged over 30% intraday on May 29, while Lenovo Holdings (03396.HK) climbed over 15%. The gains followed Lenovo's announcement of a new-generation AI infrastructure construction agreement signed with

Bitcoin’s sluggish trend has not ended yet; as of May 29, it is temporarily around $73,750. Crypto trading firm FalconX has filed an IPO application with the U.S. SEC, taking an important step toward a potential listing. Crypto exchange Gemini has launched a Grok-powered AI data source Command Center, which can deliver real-time insights, signals, summaries, and forecasts based on users’ preferences. Macro Events & Crypto Market Hotspots 1、According to The Block, crypto trading firm FalconX has

According to Anthropic's official announcement, the company confirmed that it will release its next-generation Mythos-class model to all customers within weeks following breakthrough progress in safety defense mechanisms. The announcement came after May 22, when the Glasswing software security

According to Guru Club, on May 29, Huawei launched the Xinghe AI Data Center Network solution, which leverages coordination between computing, storage, and networking. The solution enables direct connection between NPUs and storage systems, increasing transmission bandwidth by 8x and boosting

According to The Block, Gemini launched Command Center, an AI data source powered by Grok, on May 29. The platform provides real-time insights, signals, summaries, and market forecasts tailored to user

According to Axios analysis of FEC data as of Thursday, eight of the 12 top outside spenders in House primaries this cycle are PACs affiliated with crypto, AI, or pro-Israel groups. Protect Progress, the

Samsung Electronics started shipping industry-first 12-layer HBM4E samples to global customers, according to the company announcement today. The move reinforces Samsung's leadership position in the next-generation high-bandwidth memory market as AI computing and hyperscale infrastructure demands acc

According to TechInAsia, in May 2026, multiple venture capital firms closed major new funds. Genesia Ventures closed its fourth fund at US$113 million targeting seed-stage startups across Southeast Asia, India, and Japan. In the Indian market, Physis Capital raised US$42 million and Shastra VC

According to Guru Club, Anthropic completed a $65 billion funding round on May 29, achieving a post-money valuation of $965 billion and surpassing OpenAI. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.

Anthropic raised $65 billion in a Series H funding round on Thursday, valuing the AI company at $965 billion post-money. The company announced earlier this month that its annualized revenue surpassed $47 billion as enterprise adoption of its Claude AI models continued to grow. The funding round

Cryptocurrency exchange Gemini launched Command Center, an AI-powered personalized market feed built in collaboration with SpaceXAI, Elon Musk's combined rocket engineering and AI organization. The dashboard surfaces real-time insights, signals, summaries and predictions based on user preferences, i

According to The Block, Gemini has launched Command Center, an AI-powered personalized market feed built in collaboration with SpaceX AI and powered by Grok, the large language model developed by Elon Musk's xAI. The dashboard surfaces real-time insights, signals, summaries and predictions based on

Researchers at Shanghai Jiao Tong University and Chinese technology conglomerate Tencent developed ProAct, an AI agent designed to predict user needs before users submit queries. The system uses idle time between conversations to review past interactions and prepare information in advance.

Opening Bloomberg published leaked renders of Apple's iOS 27 Siri redesign on May 28, 2026—eleven days before WWDC 2026 on June 8—showing a standalone chatbot app, Dynamic Island integration, and a system-wide "Search or Ask" interface based on internal sources. The leak reveals Apple will run

According to Bloomberg, Apple is revamping Siri for iOS 27 with a dedicated chatbot app, Dynamic Island integration, and a new system-wide "Search or Ask" interface, leaked ahead of WWDC 2026 on June 8. The redesigned assistant will support document and photo uploads, persistent voice mode, and a