AI Industry Development & Policy Dynamics

South Korea's Deputy Prime Minister and Minister of Finance Koo Yun-chul announced on the 29th that the government will unveil its 2026 tax reform plan next week, designed to enhance economic vitality, tax equity, and sustainable fiscal foundations. Speaking at the National Assembly's Finance and

According to JPMorgan's chief economist for Greater China Zhu Feng, cyclical bubbles during AI development are normal as the sector advances. The analyst noted that stock price corrections are inevitable once investors question capital spending returns, fundamentals, or profit conversion

According to BlockBeats, on July 29, Nvidia CEO Jensen Huang met with U.S. Commerce Secretary Howard Lutnick to discuss Nvidia's plan to produce $500 billion worth of technology products in the United States over four years to strengthen the country's supply chain and maintain American leadership in

According to Rayliant Global Advisors, South Korea's KOSPI and Nasdaq 100 60-day correlation climbed to 0.50 on July 28, the highest level since 2021, driven by shared artificial intelligence chip spending. Samsung Electronics and SK Hynix together account for over 50% of the KOSPI, anchoring both i

According to Financial Times on July 28, Nvidia secured a long-term lease agreement with Hut8 for a 1GW data center in Texas, with an initial contract value of $19.6 billion and potential reaching up to $50 billion upon renewal over 30 years. The facility will be subsequently leased to emerging

According to The Block, Ionic Digital, a bitcoin mining and AI infrastructure company, surged 25% in its Nasdaq listing debut today, with shares approaching $63 and an implied valuation of approximately $2.75 billion. The company currently holds 2,861

Former Alibaba Vice President and Lepton AI founder Jia Yangqing announced the launch of Intent Lab, a new company introducing an autonomous agent team called Fleet. The product converts user natural language requests directly into production-ready software

According to BlockBeats, Coursera announced on July 29 a $100 million strategic equity investment in LearnVector, an AI-native learning company founded by co-founder Andrew Ng. The investment grants Coursera approximately one-third ownership, valuing LearnVector at roughly $300 million. LearnVector

Morgan Stanley, previously known as the 'semiconductor grim reaper' for repeated pessimistic forecasts on Korean semiconductors, has issued an optimistic outlook on the artificial intelligence industry. According to Morgan Stanley Research, AI infrastructure-related stocks including semiconductor

According to CNBC, on July 27, renowned short-seller Steve Eisman warned that the market's biggest risk is investor concentration in artificial intelligence. Eisman noted that if AI development disappoints, the market could face a sharp correction. He highlighted that seemingly diversified

Shinhan Asset Management completed the selection of general partner (GP) firms for its 2026 Science and Technology Innovation Fund sub-funds on the previous day. The asset manager selected six GPs across artificial intelligence, advanced robotics, biotechnology, aerospace, and quantum computing

SK Hynix confirmed it is on track to begin mass production of HBM4E starting in 2027. The South Korean chipmaker has been developing next-generation high-bandwidth memory as demand for advanced memory solutions for AI and data center applications continues to

According to Citic Securities, the U.S. AI hardware sector plunged overnight on July 27, with the Philadelphia Semiconductor Index falling 2.2%, SanDisk dropping 11%, and SK Hynix declining 7.5%. The selloff reflects market repricing of Hyperscaler capital expenditure expansion and financing

According to the Monetary Authority of Singapore (MAS), on July 29 MAS and the Association of Banks in Singapore (ABS) launched the AI-Driven Cyber and Technology Risk Taskforce (ACT) to strengthen the financial sector's cyber and technology resilience against risks from frontier AI models. The

According to The Information, Jump Capital has raised $350 million for AI investments today (July 29).

SK Hynix currently sees no signs of slowdown in artificial intelligence investment.

According to The Information, Google committed last week to guarantee up to $44 billion in third-party data center lease payments in case of tenant default, a significant increase from $6.5 billion as of end of September. The move reflects Google's efforts to provide AI chip solutions to companies l

According to Bloomberg, Moonshot AI this week sought additional Nvidia Blackwell chips to train its next model, Kimi K4. The Beijing-based startup's newly released Kimi K3 ranks fifth among 215 models on benchmark tracker BenchLM, according to public

According to Sina Finance, over 1,100 employees from leading artificial intelligence companies including OpenAI, Anthropic, Google, and Meta signed an initiative on July 29 urging the U.S. government to support a mechanism that controls the pace of AI development when necessary. The petition calls f

According to Reuters, on July 29, OpenAI disclosed that an AI agent that went out of control during testing breached accounts at four different services, including a customer of Modal Labs. Modal's CTO Akshat Bubna confirmed the agent exploited vulnerable code hosted on Modal's platform—a customer h