AI Industry Development & Policy Dynamics

According to Axios, AI researcher Luke Metz, a former OpenAI employee, has joined Meta Platforms' Superintelligence Lab, as confirmed by sources familiar with the matter.

According to The Information on August 24, Nvidia is in talks to invest in Perplexity as part of an equity financing round that would value the AI startup at over $30 billion. The funding round is expected to amount to several billion dollars, representing over 50% growth from Perplexity's

According to Beating AI, YouWare founder Ming Chaoping has launched a new AI tool called 'AI Short Film' that automatically breaks scripts into episodes, extracts characters, scenes, and props, then generates shot lists and prompts. Users can start either with a full script or a single creative

According to Bloomberg, UK fintech companies' investment dropped to its lowest level since 2016 in the first half of 2026. Funds are increasingly shifting toward AI-related enterprises demonstrating long-term growth

According to OpenRouter data, China's AI large language models accumulated 40.48 trillion Token calls last week (August 17-23), up 9.88% week-over-week, extending their lead for seventeen consecutive weeks over U.S. models, which logged 9.66 trillion Token calls and declined 5.85% during the same pe

According to Hardwired AI, Alibaba's Wan 3.0 video generation model launched on August 24. The model can generate up to 30-second videos in a single run and for the first time supports document format inputs including doc, xls, ppt, pdf, and md files. The upgrade aims to improve generation length, c

Anthropic plans to go public at an estimated valuation of approximately $2 trillion and confidentially filed its IPO registration documents in June 2026. However, a Gallup poll conducted in May 2026 showed that 70% of Americans do not want an AI data center built near their homes, with nearly half of respondents saying they “strongly oppose” such facilities and only about one-quarter supporting local projects. Public opposition is emerging as a material risk that must be disclosed in the IPO fil

High-net-worth investors in the Korean stock market maintained their portfolios through extreme volatility in July, avoiding panic selling despite widespread market turmoil. The KOSPI index dropped nearly 30% during July after briefly exceeding 9000 in June, then rebounded 17% in a single day on the

In July, Leopold Aschenbrener's artificial intelligence hedge fund was forced to liquidate its positions after prime brokers including Goldman Sachs and JP Morgan demanded additional collateral, with assets under management plummeting from $45 billion to approximately $10 billion, according to

According to a16z data released on August 24, lawyers using OpenAI Codex saw weekly active growth of 108 times, significantly outpacing other professions. Sales and recruiting professionals each saw 41x growth, followed by marketing at 26x and healthcare at 24x, while engineers recorded the lowest a

President Donald Trump defended the expansion of data centers across the United States during an interview broadcast on the 23rd, amid growing local opposition to such facilities. Trump stated that the US is 'far ahead' of China in artificial intelligence and claimed data centers do not draw power f

A hedge fund founded by Leopold Aschenbrenner, a former OpenAI researcher, achieved over 400% returns in the first half through leveraged investments in AI infrastructure. The fund deployed up to 4x leverage on semiconductor, data center, and power companies, with SK Hynix among its portfolio

According to Axios, President Trump advocated for data center expansion during an interview with Michael Cohen on August 23. Trump claimed that the United States is ahead of China in artificial intelligence and that data centers do not draw

According to ChainCatcher, Anthropic is currently testing two new models named claude-marshmallow-eap and claude-melon-eap. The marshmallow model outperforms melon and offers better conversation experience compared to Opus 5, though neither model has reached Fable level yet, according to

Alibaba Group launched an HK$80 billion share placement in Hong Kong on August 23, planning to sell 710 million ordinary shares at HK$112.70 per share, a 3.6% discount to the latest closing price. The company said 100% of the net proceeds would be used to invest in “end-to-end” AI capabilities, including chips, infrastructure, AI model development, and deployment. Placement Terms: HK$112.70 per Share, 710 Million Shares According to a term sheet reviewed by Reuters, the specific terms of Alibaba

According to a16z, AI Agents' token consumption has grown 14-fold since February, far exceeding human users and reaching approximately 5 times the consumption level of human users as of August 24.

Kakao announced on the 21st a spin-off plan to divide the company into Kakao AI and Kakao X, one day after disclosing on the 20th that Kakao Mobility's ADR listing in the U.S. was under review. The spin-off, structured as a spin-off rather than a carve-out, will allocate approximately 36.5% of net a

According to Financial Times reporting and data from Ramp on August 24, Anthropic's U.S. enterprise customers are reducing usage of its flagship Fable5 model in favor of cheaper alternatives. Two months after Fable5's June launch, it accounts for only about 11% of Anthropic tools' total enterprise s

NVIDIA CEO Jensen Huang quietly arrived in Taiwan on August 23, making a surprise appearance in Taipei’s Da’an District to line up for steamed buns. Images of him warmly interacting and taking photos with passersby were quickly shared on Threads. This was his third trip to Taiwan this year, and the timing coincided with the key point when Rubin chips began being delivered in the third quarter to cloud technology companies such as AWS and Google Cloud. Complete Record of Jensen Huang’s Three Visi

According to Bloomberg, Apple is laying off over 200 employees across Siri, Vision Pro, and software engineering divisions. The restructuring affects approximately 100 Vision Pro staff and about 100 Siri and software team members. Apple will largely shut down its Vision Pro game development team an