AI Industry Development & Policy Dynamics

According to Reuters, US bitcoin miner TeraWulf signed a 20-year lease with Anthropic on July 6 for data center infrastructure, with the deal expected to generate about $19 billion in contracted revenue. The announcement drove TeraWulf shares up more than 16% in premarket trading. The agreement

Deputy Prime Minister and Minister of Economy and Finance Koo Yoon-cheol announced on July 7 that the government is preparing a property tax reform plan targeting release by the end of this month, and is reviewing differential income tax support for workers in regional AI and semiconductor

South Korea's National Pension Service Chief Investment Officer Seo Won-joo visited Munich, Stockholm, and London from the 21st to 26th of last month to explore investment opportunities in artificial intelligence and infrastructure assets. The trip aimed to assess European investment prospects

On July 7, South Korea's Deputy Prime Minister Koo Yoon-chul announced plans to review differential income tax support for workers in regional AI and semiconductor clusters, according to an MBC radio interview. The measure aims to supplement inferior working conditions in non-capital regions

According to Yonhapinfomax, Seo Won-ju, chief investment officer of South Korea's National Pension Fund (NPF), visited Munich, Stockholm, and London from June 21-26 to assess investment opportunities amid global economic changes. The fund engaged with major European financial institutions to gauge t

According to Bloomberg, Reddit announced on July 6 that it is using AI to detect and remove stealth marketing posts designed to influence responses from chatbots such as ChatGPT and Gemini. The company's automated systems caught 25,000 spam posts and comments per day in the first quarter and

Polymarket traders have assigned 23% odds to the U.S. government removing public access to a major Chinese AI model by Dec. 31, 2026. The prediction market, created earlier this month, reflects growing federal and state-level scrutiny of Chinese AI services over data security concerns. Commerce

According to Bloomberg, on July 6, Japanese autonomous driving software startup Turing raised US$79 million in an extended Series A round, with AMD Ventures joining as a new investor and valuing the company at approximately US$600 million. As part of the investment, Turing began adopting AMD

Samsung Electro-Mechanics received a target price upgrade to 2.8 million won from Daishin Securities on July 7, with Q2 operating profit forecast at 423.9 billion won, exceeding the previous estimate of 387 billion won and consensus of 385.6 billion won by 9.5% and 9.9% respectively. The upgrade

According to Bloomberg, renowned investor Michael Burry recently announced a short position on Micron (MU-US) via Substack, arguing that the memory chip maker typifies cyclical industries and warning that the AI memory super-cycle may be unwinding. Micron's forward P/E has plummeted from 11x in

The Magnificent 7 tech stocks—Microsoft, NVIDIA, Alphabet, Apple, Meta, Tesla, and Amazon—lost approximately $2 trillion in combined market capitalization in June, marking a significant underperformance relative to broader market indices. The decline reflects a structural shift as these companies pi

According to Goldman Sachs' latest report, artificial intelligence investment is shifting from infrastructure buildout to broader real-economy applications. From 2026 to 2031, global AI capital expenditure on computing, data centers, and power infrastructure is projected to reach

Anthropic signed a lease to rent a data center operated by TeraWulf in Kentucky on July 7, according to Guru Club.

According to Financial Times, on July 7, global investment firms including a hedge fund founded by former OpenAI researchers plan to invest up to $7 billion in SK Hynix's U.S. stock market listing. The hedge fund, Situational Awareness, and British asset management institutions are among the

UK Foreign Secretary Yvette Cooper warned that governments need global agreements to manage artificial intelligence risks. In an article published on Monday, Cooper compared the challenge to nuclear safety efforts that followed World War II, stating governments risk repeating mistakes made during th

UK Foreign Secretary Yvette Cooper warned on Monday that governments need global agreements to manage artificial intelligence risks before a crisis forces action. In an article, Cooper compared the current challenge to the early nuclear arms race, noting that international safety agreements only eme

According to Edaily Korea, the Dow Jones Industrial Average closed at 53,055.91 on July 6, up 0.29%, breaking the 53,000 level for the first time on a closing basis. The Nasdaq Composite Index rose 1.12% to 26,121.16, while the S&P 500 climbed 0.72% to 7,537.43. The gains were driven by renewed

According to Wafer, a startup specializing in inference optimization, AMD MI355X chips running the latest open-source model GLM 5.2 achieved inference costs at roughly half that of NVIDIA's flagship B200 GPU, while delivering approximately 80% of the performance. Testing showed single-node

US stocks rose on July 7 (local time), with the Dow Jones Industrial Average crossing the 53,000 mark for the first time on a closing basis, driven by a rebound in artificial intelligence-related technology stocks. The Dow closed at 53,055.91, up 0.29% from the previous trading day, while the

Wall Street investor Jordi Visser issued a warning on the job market on July 4 during an interview with investor and podcaster Anthony Pompliano. Visser said the warning could be positive for Bitcoin (BTC). He turned bearish on the job market, citing wide adoption of artificial intelligence (AI)