AI Industry Development & Policy Dynamics

According to Odaily, DeepSeek's related company, Hangzhou Deep Quest Artificial Intelligence Technology Research Co., Ltd., recently completed its seed round funding. The State AI Industry Investment Fund and Hangzhou Chengli Enterprise Management Consulting Partnership (Limited Partnership) were

SpaceX revealed detailed plans for its AI1 orbital data center satellite in a June promotional video featuring founder Elon Musk and director of satellite engineering Ian Dahl. The company envisions launching a constellation of 1

Perplexity AI introduced WANDR (Wide ANd Deep Research), an open benchmark designed to evaluate how effectively artificial intelligence systems perform large-scale research tasks, on July 14, 2026. The framework contains 500 realistic data-gathering tasks modeled on professional knowledge work,

Perplexity AI launched WANDR (Wide ANd Deep Research), an open-source benchmark on July 15 to measure how effectively AI systems perform large-scale research tasks requiring broad information discovery and detailed evidence verification. The benchmark contains 500 realistic data-gathering tasks

According to TechCrunch, OpenAI researcher Miles Wang is founding an AI-focused biotech startup for drug discovery, raising approximately $200 million at a $2 billion valuation. Lightspeed Venture Partners may lead the funding round. The startup plans to develop AI models for identifying new

According to Tencent Hunyuan, its large language model Hy3 achieved a total API call volume increase exceeding 68 times compared to the previous generation model Hy2 as of July 15, just one week after its

According to Beating, Apple has opened access to a new generation of Siri AI through the iOS 27 public beta, with the official version expected to launch this fall. The updated Siri can read emails, photos, and messages, understand on-screen content, and now integrates with Spotlight and includes a

Kazakhstan President Kassym-Jomart Tokayev arrived in Shanghai today to attend the 2026 World Artificial Intelligence Conference and the AI Global Governance Summit.

According to BlockBeats, on July 15, Beating released "WAIC Complete Side Events Guide and Shanghai Dining-Entertainment Guide" themed around "WAIC Amusement Park: Player's Manual," systematizing key activities and city attractions during the WAIC conference from July 17-20. The guide covers AI

According to ChainCatcher, DeepSeek has completed its Series A funding round. Business registration records show that Hangzhou Deepseek AI Technology Co., Ltd. recently added two new shareholders: Hangzhou Chengli Enterprise Management Consulting Partnership and the National AI Industry Investment

According to Owlto's official announcement on July 15, the cross-chain protocol has joined Google's Web3 Startup Program. Through the program, Owlto will receive Google Cloud Credits and gain access to technical, community, and resource support to advance its AI-driven cross-chain infrastructure

According to Beating monitoring and business registration data, DeepSeek's operating entity added the State Artificial Intelligence Industry Investment Fund and Hangzhou Chengli as shareholders, with registered capital increasing to 16.4475 million yuan from 15 million yuan. Hangzhou Chengli holds a

According to Decrypt, citing Appfigures data, AI romantic companion and NSFW applications on Apple App Store and Google Play have generated $427.3 million in consumer spending since late 2022, across 214 applications with approximately 165 million downloads. In the first half of 2026 alone, such "A

According to Securities Times, XPeng completed localization acceptance testing of its second-generation VLA (Vision Language Action) model in Germany on July 14. The model demonstrated strong performance in recognizing complex European road signs and understanding local traffic regulations and

According to The Economist citing Bernstein research on Tuesday (July 14), China's AI chip market has undergone a dramatic reversal in just three years. Huawei now leads with approximately 50% market share and $12.1 billion in annual sales, while Nvidia's compliant chip shipments have plummeted to j

According to Yomiuri Shimbun, Masayoshi Son, chairman and CEO of SoftBank Group, predicted on July 15 at SoftBank World annual conference in Tokyo that by 2040, AI agents will reach 100 trillion and humanoid robots will reach 1 billion. Son stated that AI will contribute approximately 20 percent of

According to sources cited by Odaily, Apple and Baidu will collaborate to develop artificial intelligence features for Chinese iPhone users, with Baidu focusing on an AI-powered search function as part of Apple Intelligence suite. The service will process images and text, and upgrade China's Siri

According to analyst jukan from Citrini, Samsung Electronics is currently considering outsourcing the backend design work for Google's 10th-generation 2nm TPU "Icefish" I/O Die, with inquiries already made to design solution partners. The TPU, used to run Google's AI models including Gemini, is

According to Prime Minister Anthony Albanese on Wednesday (July 15), Australia announced the establishment of an AI office under the Prime Minister's office to manage artificial intelligence standards and oversee coordinated government response across cabinet departments. The government will