AI Industry Development & Policy Dynamics

According to GIM, Grace Investment Machine (GIM), a Hong Kong-based AI investment technology company, closed a US$20 million Series A round on July 9. The funding was co-led by Hony Capital and an unnamed US venture capital firm, with participation from IDG Capital and existing investor Monolith Cap

According to Chinese Foreign Ministry spokesman Mao Ning, China will host the 2026 World Artificial Intelligence Conference in Shanghai alongside a high-level meeting on global AI governance. Mao stated that China's open-source AI models have significantly lowered the threshold and cost of AI

According to ChainCatcher, AEON, an AI Agent economic settlement protocol, has added support for OpenBCB, the unified real-time payment standard launched by Bolivia's Central Bank (BCB). The integration enables fast QR code settlement between crypto assets and the local currency Boliviano (BOB), pro

A finance employee at global engineering firm Arup transferred nearly $25 million after joining what appeared to be a legitimate video conference with the company's chief financial officer and colleagues, only to discover later that nearly every participant had been generated using AI. The

According to a recent Business Insider interview, Nvidia CEO Jensen Huang stated that the company's software engineers are experiencing a fundamental shift in their work—building AI agents has become a new core skill. "All of my software engineers now prefer to build AI agents rather than writing

According to Resemble AI's latest report on AI-generated fraud, an Arup finance employee authorized wire transfers totaling approximately $25 million after joining a video meeting where nearly all participants were AI-generated deepfakes, including the company's chief financial officer and

According to media reports, Puqiang Information Technology (Beijing) Co., Ltd. plans to list in Hong Kong next year, according to CEO He Guotao. The company cites Hong Kong's clear regulatory framework and streamlined listing process as key factors, along with the opportunity to access international investors through the region's financial center status and support the company's global expansion initiatives. Puqiang Information is an AI-driven company specializing in neural network-based speech

According to Odaily, Hong Kong-listed chip and AI computing stocks surged significantly. GigaDevice (03986.HK) rose over 20%, Montage Technology (06809.HK) gained 17.5%, Cambridge Technology (06166.HK) rose 12.8%, and SMIC (00981.HK) climbed over 12%.

According to Tencent Cloud's official announcement, Agent Bucket was officially launched today (July 9), providing independent cloud storage for billions of agents. The platform enables centralized storage of user-uploaded materials and agent-generated files, including reports, images, and

US Vice President JD Vance installed a custom-built chicken coop valued at $100,000 to $120,000 at the Vice Presidential residence in Washington D.C. to house 12 hens, according to The Washington Post. The coop was donated by a North Carolina specialty company and required no federal budget

According to KPMG's latest global survey of 2,145 executives across 20 countries, 29% of enterprise leaders struggle to understand and control operational costs when scaling AI, as major tech companies including Anthropic, OpenAI, and GitHub shift from fixed subscription models to usage-based

Sprouts AI, a Palo Alto-based startup providing AI-native revenue agents for B2B enterprises, raised $9 million in a pre-series A round on July 9, according to its official announcement. The round was co-led by True Global Ventures and Accel, with participation from Kickstart Ventures. The funding b

Melius Research analyst Ben Reitzes set a $2,200 price target for US semiconductor company Micron Technology on local time on the 8th, implying a market capitalization of approximately $2.5 trillion driven by growth in the artificial intelligence memory market. According to The Street, this

According to Cointelegraph on July 9, blockchain security experts warn that artificial intelligence is shortening the effective lifespan of smart contract audits, requiring continuous review instead of one-time assessments. TRM Labs policy head Ari Redbord stated that attack techniques are

According to Science and Technology Board Daily, Nvidia announced on July 9 a partnership with Hugging Face to develop open-source foundation models for robotics. The collaboration will combine Nvidia's GPU ecosystem and CUDA stack with Hugging Face's extensive model library and developer

Reevo, the AI-native Revenue Operating System backed by Khosla Ventures and Kleiner Perkins, today announced it has acquired Ciro, a B2B prospecting agent that finds, qualifies, enriches, and drafts outreach to sales contacts at scale. The acquisition strengthens Reevo's built-in prospecting

Reevo, backed by Khosla Ventures and Kleiner Perkins, acquired B2B prospecting agent Ciro today to integrate advanced prospecting capabilities into its AI-native Revenue Operating System. Ciro's technology runs on a multi-terabyte search index covering hundreds of millions of person and company

According to the Bank of Japan on July 9, many regions reported that enterprises are maintaining robust capital expenditure plans. Chipmaking equipment and chip orders have increased as global demand for artificial intelligence

According to Paradigm, the venture capital firm closed its fourth fund at $1.2 billion on July 8, targeting investments in digital assets, artificial intelligence, and robotics. The fund will support founders across early-stage to growth-phase ventures and provide assistance beyond capital,

OpenClaw, an open-source personal AI agent project, announced that its non-profit foundation, OpenClaw Foundation (a US 501(c)(3)), is now officially operational; initial partners include OpenAI, NVIDIA, Microsoft, the University of Michigan, GitHub, Cloudflare, Vercel, and Tencent. OpenAI as Major Donor, Establishes Claw Labs Internally According to the official statement from OpenClaw Foundation, OpenAI is the main donor; OpenAI supports reasoning capabilities, released Codex Security to enhan