AI Industry Development & Policy Dynamics

Arco, a real-world asset infrastructure company, signed a strategic memorandum of understanding with t54 on October 29 to jointly develop an AI agent-based, security-enhanced enterprise RWA vault in the XRP Ledger ecosystem. The agreement aims to combine Arco's RWA operating infrastructure, Arco

According to Bloomberg, on October 29, FuriosaAI raised US$620 million in Series D funding at a US$2.9 billion valuation. Investors included Infinitum Partners, South Korea's National Growth Fund, Jericho Capital, QUDA Capital, NeoFort Holding, and existing backers Naver and Kakao Investment. The Se

According to Baidu's public relations team, Baidu Vice President and Baidu Institute Vice Dean Wu Tian has departed the company. Wu had stepped down from leading the foundation model development department in May 2026 before being reassigned to the Baidu Institute.

NCS, Singtel's technology services arm, launched its AI Mission Centre on October 29 to help enterprises and public agencies move from AI pilots to full-scale deployment. At the launch, NCS signed memorandums of understanding with Changi Airport Group, the Institute of Mental Health, and

According to Danske Bank strategists, flat guidance on artificial intelligence-related capital expenditures may limit gains in data center and semiconductor stocks, despite gains in AI-related shares over three consecutive days. Microsoft and Alphabet's recent earnings revealed divergent

On October 28, Google released flagship AI model Gemini 4 Carbon, which scored 59 points on Artificial Analysis' latest comprehensive benchmark, outperforming Claude Opus 5.5 (58 points) and GPT-6 Astra (57 points) to reclaim the top ranking. The model improves upon Gemini 4 Argon by reducing

Moon Shin-hak, Senior Presidential Secretary for Economic Growth, announced on the 29th during a National Assembly Operations Committee audit that South Korea will protect single-home residents for actual residence purposes while normalizing tax burdens on ultra-high-priced non-residential multi-hom

On October 29, South Korea's chief economic secretary Moon Shin-hak announced the government will expand the National Growth Fund to 200 trillion won to support three mega-projects centered on semiconductors, artificial intelligence data centers, and physical AI. The expanded fund aims to support co

According to IDC's latest report released on October 29, Alibaba Cloud held 46.6% of China's large language model MaaS market in the first half of 2026, ranking first. Zhipu and ByteDance's Volcano Engine followed with 10.6% and 10.2% shares,

In US Stock Market News today, two artificial intelligence stocks held by Warren Buffett's Berkshire Hathaway—Apple (AAPL) and Alphabet (GOOGL)—are positioned to deliver resilience even if broader market conditions deteriorate. As of Oct 28, 2026 at 9:00 PM EST (Oct 29, 2026 at 6:30 AM IST),

According to Yonhap Infomax, Japan's Nikkei 225 Index rose 705.25 points, or 1.10%, to close at 64,659.47 on October 29, recovering above the 64,000 level as AI-related stocks gained strength. The index posted its third consecutive day of gains. Advantest, a major semiconductor equipment maker,

According to Guru Club, on October 29, Tencent launched an integrated workplace suite called Buddy One and announced two new Hunyuan models, Hy4 and Hy4 Flash, coming soon. Tencent Group Senior Executive Vice President and Cloud and Intelligence Group CEO Tang Daosheng said WorkBuddy Enterprise

According to Guru Club, China's first Ascend 950DT 1024-card liquid-cooled AI cluster went live in Wuhan on October 29, backed by Hubei Keytone Investment. The single-node system integrates 1,024 Ascend NPU accelerator cards with full liquid-cooling design, delivering FP8 compute performance of

Samsung SDS reported Q3 revenue of 3.7725 trillion won and operating profit of 241 billion won on the 29th. Revenue increased 11.2% year-over-year while operating profit rose 3.7%, driven by growth in both cloud and logistics businesses. The results aligned with market expectations, as analysts

According to COINOTAG, on October 29, Bitcoin Core disclosed 3 vulnerabilities discovered through artificial intelligence scanning of node software. One vulnerability allows a remote machine to crash Bitcoin nodes running on Windows, macOS or BSD systems. The vulnerability details were published on

ServiceNow shares plunged nearly 18% in after-hours trading on Wednesday after the enterprise software company reported mixed third-quarter earnings and issued disappointing subscription growth guidance. The stock fell to approximately $122.90 in extended trading, down from Wednesday's closing

ServiceNow shares plunged 18% in after-hours trading on Wednesday, falling from $150.13 to $122.90, after the company reported mixed Q3 earnings and a disappointing Q4 guidance. While third-quarter revenue rose 20.5% year-over-year to $4.106 billion, beating analyst expectations of $4.095 billion, a

According to Yonhapnews, South Korea's Financial Services Commission will convene financial association leaders and heads of five major banks on November 5 to review AI-based cybersecurity defense systems, as reported on October 29. The meeting will be chaired by Financial Services Commission

Alphabet saw its shares plunge approximately 9% in after-hours trading on Wednesday after reporting disappointing third-quarter earnings. The decline followed weaker-than-expected profits, rising artificial intelligence infrastructure costs, and concerns over advertising growth that overshadowed