AI Industry Development & Policy Dynamics

Doosan, a South Korean conglomerate with a market capitalization exceeding 22 trillion won, saw its stock price surge over 16% on July 10, reaching 1,397,000 won at 2:46 PM. The rally followed overnight Reuters reports that Meta plans to build 7 gigawatts (GW) of AI computing infrastructure this

According to Seoul Economic, Doosan shares surged 16.13% to 1.397 million won on July 10 after Meta announced plans to build 7 gigawatts of computing infrastructure this year. The company, which produces advanced materials including copper clad laminates for AI accelerators, is expected to benefit f

According to Guru Club citing the Wall Street Journal, China is considering tightening technical controls over homegrown AI companies, including DeepSeek and Moonshot AI, as of July 10. Chinese models have gained significant traction in the U.S., becoming core tools for companies across Silicon

According to Reuters, Meta Platforms will begin producing its custom-built AI datacenter chip codenamed Iris in September, driving gains across semiconductor equipment stocks. The news sparked a rally in wafer fabrication equipment (WFE) suppliers including Applied Materials, Lam Research, and

According to TechCrunch, Paris-based AI voice startup Gradium completed a $100 million seed funding round, with Nvidia among the new investors. Founded by Neil Zeghidour, a researcher formerly at Google Brain, DeepMind, and Facebook, Gradium emerged from Kyutai AI laboratory and focuses on

According to Foresight News, three.ws, a 3D AI agent layer platform, recently joined Nvidia's Developer Program. Its free text-to-3D engine is now running on Nvidia NIM, with the two companies collaborating to further enhance the technology stack by providing additional models, increased computing p

LG Energy Solution and Shinhan Asset Management's 'Haetbit Distribution Network Energy' consortium were selected on the 10th as an operator for the Ministry of Climate, Energy and Environment's '2026 AI-Utilized ESS Construction Support Project.' The selection aims to alleviate connection delays and

According to South Korea's Climate Energy and Environment Ministry, LG Energy Solution was selected on July 10 to operate the government's first AI-enabled battery energy storage system (ESS) project for power distribution networks. The company's consortium with Shinhan Asset Management secured 7 di

According to media interviews, Meta CEO Mark Zuckerberg recently denied claims that the company has excess computing capacity, stating that market demand for AI computing resources is extremely high. Zuckerberg indicated that Meta is considering renting out portions of its AI infrastructure to

Temasek Holdings, Singapore’s sovereign wealth fund, announced that due to an investment loss of about $275 million caused by the FTX collapse and uncertainty in the crypto regulatory environment, it will not make any direct crypto investments in the short term. At the same time, the company plans to increase AI investments over the next 5 years, targeting an increase in the AI investment share from 6% in Q1 2026 to 15% by 2031. $275 million FTX losses and the backdrop for the pause in crypto in

According to an exclusive report by Reuters on July 10, internal memos from Meta show that the next-generation self-developed AI chip "Iris" is expected to begin production in September this year, designed in collaboration with Broadcom and manufactured by TSMC. Iris is part of Meta's self-developed chip project (MTIA), aimed at improving AI functionalities on Facebook and Instagram. Reuters: Iris AI Chip to Start Production in September, Designed by Broadcom, Manufactured by TSMC Citing an inte

According to 優分析 (UAnalyze), U.S. stock markets saw a notable shift in AI-related capital allocation in early July, with funds rotating away from semiconductor and AI supply chain stocks toward software companies. Memory makers and other AI supply chain firms declined 10% to 25% from the month's

According to Guru Club, on July 10, JPMorgan asset management strategist David Lebowitz said investors are becoming more discerning about AI investments, moving away from indiscriminately buying anything related to AI. Lebowitz noted that investors are now differentiating risk and reward within

According to OpenAI, on July 10, the company rolled out ChatGPT Work, a new agent that operates across apps and files, completes multistep tasks like slides and spreadsheets, and runs independently for hours on GPT-5.6. The desktop app combining Chat, Work, and Codex is now available on Mac and

ORIZON announced the expansion of its OriZone ecosystem, marking a strategic transition from its origins as a decentralized finance protocol toward an AI-native Web3 ecosystem that combines decentralized finance, artificial intelligence, digital creativity, and real-world utility. The expansion

Korean stocks surged over 5% during afternoon trading, with the KOSPI rising 398.31 points (5.46%) to 7690.22 and the KOSDAQ climbing 50.20 points (6.32%) to 844.20. Institutional investors led the rally with net purchases of 1.7896 trillion won in the securities market, while individual and

The Ethereum Foundation’s EF Protocol Support team officially announced its dissolution on X on July 10; the official statement was brief and did not reveal specific reasons for the breakup. The team is the coordination hub of the Ethereum ecosystem, mainly responsible for organizing and coordinating meetings among core developers, tracking network upgrades, providing support for the advancement of EIPs, and maintaining the day-to-day execution of the protocol. EF Protocol Support Dissolution An

According to E-Daily, South Korea's KOSPI index surged 398.31 points, or 5.46%, to 7,690.22 on July 10 afternoon (1:09 PM KST), driven by recovering investment sentiment in artificial intelligence semiconductors. The KOSDAQ index also rallied 6% and recovered above the 800 level, with buy-side

According to ChainCatcher, citing Science and Technology Board Daily, MiniMax founder and CEO Yan Junjie announced that he will stop taking any salary from the company effective immediately, until AGI is achieved. Over the next four years, he will divest 4% of his personal equity holdings to

Tencent is in advanced discussions to become the largest shareholder in artificial intelligence startup Manus after Chinese authorities ordered the reversal of Meta’s $2 billion acquisition, marking a significant shift in one of the AI industry’s most closely watched cross-border deals. The