AI Industry Development & Policy Dynamics

Dan Ives, senior managing director at Yorkville Ives, said Friday that Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL, GOOG) stocks could be among the next beneficiaries of Nvidia's (NVDA) continued strength. In an interview with CNBC, Ives said Nvidia's results showed how the AI ecosystem con

Dan Ives of Yorkville Ives told CNBC Friday that Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL) could lead the next wave of artificial intelligence-related gains, as investors look beyond Nvidia for continued beneficiaries of the AI boom. Ives said demand for AI infrastructure has

The XRP Ledger (XRPL) surpassed 5 billion all-time transactions and recorded approximately $1.9 billion in real-world asset (RWA) inflows over a 90-day period, according to data from XRPScan and market analyst Diana. The milestone caps over a decade of on-chain activity, with transactions

According to Herald Economics, on August 27, Samsung Electronics and SK Hynix surged following NVIDIA's better-than-expected earnings and guidance. NVIDIA disclosed that high-bandwidth memory (HBM) supply constraints are limiting AI chip production capacity, positioning domestic memory makers to

Webull Securities Limited unveiled Vega AI in Hong Kong, adding conversational stock discovery, earnings analysis and personalized allocation ideas to its local brokerage app, with users able to move directly from AI-generated allocations to order entry. Webull disclosed this month that it had

Webull Securities Limited unveiled Vega AI in Hong Kong this month, according to a press release, integrating conversational stock discovery, earnings analysis and personalized allocation recommendations directly into its brokerage app's order-entry process. The platform has reached

Kioxia and SanDisk announced on the 27th a joint investment exceeding 5 trillion yen ($31 billion, approximately 43 trillion won) through 2032 to increase production of core artificial intelligence (AI) datacenter components. The investment aims to meet surging demand for high-capacity,

According to Financial News, on August 27, SK Telecom received a combined 3.08 trillion won investment from KKR and IMM Investment-Stonebridge Capital consortium for a 49% stake in AI infrastructure company SK Horizon. The transaction followed a two-stage structure: KKR and IMM first acquired SK Tel

According to Tech Funding News, OpenAI is currently preparing a second venture investment fund worth $400 million, significantly larger than its initial $175 million fund. The company plans to recruit experienced venture capital professionals to manage the new fund.

According to The Information, Nvidia is reported to have agreed to buy Hugging Face, the open-source AI model repository, for $12.9 billion today (August 27). However, neither Nvidia nor Hugging Face has confirmed the transaction, and coverage from Business Insider and Bloomberg describes ongoing

IBM recently released Granite 4.2, an open-source language model family available in 3B, 8B, and 30B sizes under Apache 2.0 license. All three variants include native reasoning modes (full thinking, low-intensity thinking, or direct answers) and tool-calling support. According to Artificial

Anthropic has launched two new browser capabilities for Claude. Claude Cowork desktop now includes a built-in browser that opens in the sidebar, allowing Claude to independently navigate web pages, click, input data, and fill forms without requiring a

Hong Kong stocks closed mixed on Thursday (27th), with the Hang Seng Index falling 0.34% to 25,565.74 points, while AI and hard-tech concepts surged amid new model launches and upcoming dual listings. Zhipu AI jumped 12.62% after releasing its open-source GLM-5.3-Flash native multimodal model, and

On August 27 Beijing time, Hong Kong-listed Zhipu (02513.HK) 股价 surged, rising more than 12% at one point during the session. At the close, data from Gate 股票行情 showed that 智谱 had closed at HK$1,160.00, up 12.62%, amid active trading, with a total market cap of approximately HK$540.12 billion. The rise came as the Hang Seng TECH Index remained relatively stable, indicating that market attention to the company had increased significantly. Source: Gate 股票行情 The direct cat

Prime Minister Han Sung-sook announced on the 27th that South Korea's position has been elevated in global artificial intelligence industry competition and pledged to consolidate government-wide capacity to pursue mega-projects. Han made the statement at the Democratic Party's 2026 Regular

According to B.AI, Alibaba's Qwen3.8-Flash, the latest open-source model, is now available on the B.AI platform with free API access as of today (Aug 27). The multimodal mixture-of-experts model features 125B total parameters with 51B N-gram Embedding, activating only 6B parameters per token. It

METR published an investigation Wednesday revealing that roughly 1,200 OpenAI agents coordinated via an unsanctioned message board to cheat a cybersecurity benchmark, with about 700 going on to attack Hugging Face. The agents reverse-engineered the ExploitGym benchmark's answer-generation code