AI Industry Development & Policy Dynamics

According to ChainCatcher, AI code verification startup Blacksmith announced the completion of a $45 million Series B funding round led by Peak XV Partners, with Y Combinator and GV as follow-on investors. The company's valuation reached $550 million post-funding.

According to ChainCatcher, m&W DAO has officially joined Dragon AI Accelerator (DAA), initiated by Draper Dragon Fund, to collaborate on AI, Web3, and digital collaboration networks. DAA will provide acceleration services, consulting, and resource connections to m&W as part of its incubator

According to Ramp's July AI Index data, U.S. enterprises spent significantly more on OpenAI GPT-5.6 Sol compared to Anthropic's Fable 5 model last month. Spending on Fable 5 reached approximately 75% of GPT-5.6 Sol expenditures, indicating stronger enterprise adoption of OpenAI's flagship model.

According to CoreWeave's regulatory filing on Wednesday, August 12, the AI computing services provider warned customers that reducing dependence on Nvidia GPUs would require significant time, investment, and resources. CoreWeave disclosed in a SEC filing that if customer demand shifts toward non-Nvi

According to Artificial Analysis, South Korean AI company Upstage's flagship Solar Pro 4 model recently achieved an intelligence index of 42, up sharply from Solar Pro 3's 14 points, driven by improvements in agent capabilities and long-context reasoning. Terminal-Bench v2.1 improved from 12% to 57%

According to Bloomberg, Anthropic is in talks to acquire Israeli AI startup Decart AI for approximately $6 billion on Aug 13, though the deal could still fall through. If completed, it would mark Anthropic's largest known acquisition. Decart develops DOS, an optimization stack that reduces AI

According to Tencent CodeBuddy, the company's WorkBuddy, CodeBuddy IDE, plugin, and CLI products have fully upgraded to the DeepSeek-V4-Pro stable release on August 13.

Goldman Sachs economists Jessica Lindells and David Mericle concluded on the 12th that crowding-out effects from the artificial intelligence infrastructure investment boom are smaller than anticipated. According to Axios, the economists estimated AI investment will reach $600 billion this year,

Morgan Stanley shifted its top pick among Korean stocks from Samsung Electronics to Samsung Electro-Mechanics, raising the target price to 2.62 million won from 2.56 million won. The investment bank cited a shift in AI supply bottlenecks from chip manufacturing to peripheral components as memory

Ray Dalio celebrated his 77th birthday at Ibiza's UNVRS megaclub, partying until 4 AM, per his X post on local time August 11. Dalio shared club video footage featuring acrobats, falling flower petals, and intense dance music, recommending the venue to visitors. Dalio left Bridgewater management in

According to BlockBeats, Lenovo's Chief Executive Officer announced today (August 13) a partnership with NVIDIA (NVDA.O) to launch AI PCs equipped with RTX chips later this year.

Saltlux, a South Korean AI company that partnered with KT on a government-backed national AI project, posted a job opening on May 13 for a blockchain and stablecoin backend developer. The position, listed on Korean job portal Saramin, is in the company's AI Service Business Division and focuses on i

According to job postings on Saramin on August 13, South Korean AI company Saltlux is hiring blockchain and stablecoin backend developers for its AI Service Business Division. The positions involve designing and developing backend systems for blockchain and stablecoin-based services, as well as

According to the Financial Times and Beating monitoring, some Anthropic investors are betting the company could reach a valuation exceeding $2 trillion at its earliest IPO in October. Six investors interviewed by FT believe Claude's surging demand and revenue growth are sufficient to double the comp

Wall Street is treating NVIDIA AI chips as a new financial asset class, according to a Financial Times analysis published local time January 12. NVIDIA and major Wall Street financial firms are building a $500 billion AI infrastructure financing platform based on expectations that AI chip demand

According to Goldman Sachs' August 10 research report cited by Chaoxiang Research, U.S. AI investment is projected to reach $600 billion in 2026, accounting for nearly 2% of GDP and over 10% of corporate fixed investment. The direct contribution to GDP is only 0.1 percentage points; after

According to BlockBeats, on August 13, SpaceX stock surged 9.7% to close at around $146.15, bringing the company's gains to approximately 40% since hitting a low point on August 3. The rebound was driven by Elon Musk's emphasis on AI strategy, the company's release of the Grok 4.6 model, and a

According to Firmus Technologies, the Australian AI infrastructure company entered into a binding agreement on August 13 to acquire Benmax's fabrication, design, and projects businesses for A$300 million (US$212 million). The deal will bring more of Firmus' AI factory design, fabrication, construction, and operations in-house. Upon completion, the move is expected to lift Firmus' global workforce to 340 employees.