AI Industry Development & Policy Dynamics

According to ChainCatcher, robotics lab Machenta closed a $40 million seed funding round co-led by Creandum and USV. The company is currently pre-product; Creandum's team visited Machenta's London Archway office in May to stress-test its AI model, which the company claimed could teach robots to

Foxconn, formally known as Hon Hai Technology Group, plans to capture 50% of the global AI server market within a couple of years, Chairman Young Liu told CNBC in an interview. The Taiwanese electronics giant currently holds around 40% market share and expects to reach approximately 45% next year, d

According to an interview with CNBC, Foxconn Chairman Young Liu said the company aims to reach 50% of the global AI server market within a couple of years, potentially rising to around 45% next year from its current 40% share. Liu added that Foxconn's production capacity is already fully booked

According to its official announcement on October 26, Predict Pro completed a $4 million strategic funding round led by DuckDao, Becker Ventures, and M2M Capital. The funds will support the platform's global expansion and development of AI Agents powered by DEITIES to enhance AI-driven prediction

According to Shanghai Securities News, Douyin Work opened access to third-party large language models for enterprise customers today (October 30), with initial support for Kimi 3.1 Pro, GLM 5.3, and DeepSeek V4.1

According to Alch-crypto, operator of POW cryptocurrency platform bitgou.org, 31 repositories on model hosting platform Hugging Face were recently poisoned and disguised as Qwen2 small models. Users who load these models using the trust_remote_code method install a PRL miner program that

According to The Information, on Oct. 30, DeepSeek completed its second funding round, raising 105.5 billion yuan (approximately $15.8 billion USD), with a company valuation of approximately 615.5 billion yuan. Nearly 30 investors participated, including Tencent Holdings and Contemporary Amperex

According to ChainCatcher, Elon Musk acknowledged on October 30 that Grok 4.8 development has taken longer than expected, but assured the new model won't disappoint users. Musk stated the team does not optimize for benchmarks and he personally does not care about benchmark scores, prioritizing the m

According to Guru Club, on October 30, short-seller Steve Eisman accused Anthropic of intentionally omitting third-quarter financial data from its IPO prospectus submitted on October 26, disclosing only figures through June. Eisman stated on a podcast that the company's recent data would likely

According to ChainCatcher, on October 30, Anthropic's Claude Code VS Code extension was compromised when a malicious version 2.1.313 was released to the Open VSX registry, according to security researcher Paul McCarty (6mile) at OpenSource Malware. The compromised extension

Elon Musk's Grok AI released a speculative Bitcoin price prediction suggesting BTC could reach between $700,000 and $1,300,000 by January 1, 2027. The prediction is based on an 'intentionally extreme, over-the-top scenario' involving hypothetical global insurance and pension fund Bitcoin

Former UK Prime Minister Rishi Sunak earns up to $10,200 per hour through advisory roles at Anthropic, Microsoft, and Goldman Sachs, according to UK House of Commons financial disclosures. The disclosures reveal Sunak received over £2.2 million (approximately $2.8 million) from the three companies c

According to Tibor Blaho, ChatGPT and Codex will share usage quotas starting in December, a requirement found on the ChatGPT web app's subscription checkout page. The discovery comes shortly after OpenAI announced it doubled the quota limits for Pro and other subscription

According to Business Insider on October 28, former UK Prime Minister Rishi Sunak serves as an advisor to Microsoft, Goldman Sachs, and Anthropic, earning over 2.2 million pounds combined. Microsoft pays the highest hourly rate at approximately $10,200 per hour based on 96 annual working hours,

According to Cointelegraph, private market platform Hill estimates that an Anthropic IPO could make 4,257 people millionaires. The company's seven co-founders, already billionaires, could each see individual net worth reach approximately $28 billion post-IPO. Among employees, about 50 could

According to ChainCatcher, Hong Kong's Financial Secretary Chan Ho-lim stated during the Hong Kong Securities and Futures Professionals Association Forum that the territory is advancing artificial intelligence applications across all financial sectors. The move aligns with the administration's

According to Morningstar, the US-based investment research firm signed a memorandum of understanding with Tencent Cloud on October 29 to develop AI-powered wealth and asset management tools for Asia. The companies plan to launch initial products in Hong Kong before expanding to other Southeast

Korea and Germany signed a High-Tech Cooperation Framework Agreement on the 29th, establishing a foundation for collaboration in microelectronics, industrial artificial intelligence, and robotics. The agreement was announced as the 19th Asia-Pacific German Business Conference (APK 2026) opened on th