AI Industry Development & Policy Dynamics

According to Guru Club, DeepSeek has restarted its fundraising efforts on August 6, aiming to raise $8 billion at a valuation of $74 billion.

According to Zhitong Finance, Jinjing New Energy (01783) announced on August 6 that its indirect wholly-owned subsidiary Shanghai Youfu Cloud Computing has signed a server purchase agreement with Shanghai Shunchuan Technology for RMB 1.288 billion (including tax). The servers will support the

SoundHound AI gained 18.9% at market open today after the company raised its full-year revenue guidance floor.

According to Odaily and Jiaaxian Communications representatives, Nvidia's AI-RAN technology team visited Jiaaxian in March 2026 to discuss AI-RAN technical roadmaps. During the exchange, Nvidia recommended Jiaaxian adopt the CUDA Aerial open-source platform for AI-native 5G and 6G base station

According to Anthropic's announcement, the AI company has partnered with global hedge fund Millennium Management to develop an AI-powered risk analysis tool and expand the use of Claude models within the fund. Anthropic engineers will collaborate with Millennium's technology and risk management

According to Chainwire, Eightco Holdings (Nasdaq: ORBS) reported holdings of $378 million in assets as of August 5, comprising $90 million in OpenAI equity (indirect holdings), $180 million in Beast Industries equity, 16,278 ETH, approximately 302 million WLD tokens, and $142 million in cash and equ

According to ChainCatcher, Inevitable AI Group (IAIG), an AI-native SaaS startup studio, has completed a $6 million Pre-Seed funding round led by Aleph. Founded by tech entrepreneurs Nimrod Lehavi and Ofer Bar-Or in January 2026, IAIG aims to leverage artificial intelligence to transform software de

According to TechCrunch, AI startup Mirendil signed a multi-year computing agreement with Google Cloud valued at over $100 million, CEO Benham Neyshabur disclosed. Under the deal, Mirendil will receive access to Google Cloud's TPU and Nvidia GPU resources, plus managed AI training clusters, to

VanEck analyst Nicholas Frasse downplayed volatility in semiconductor stocks during Thursday's pre-market session, when memory and chip stocks fell between 3% and 16%. Frasse told CNBC the downturn represents a reversion to the mean, driven by investors seeking earnings beats and guidance far

According to Lilianpoint, on August 6, ByteDance is discussing training a model with over 50 trillion parameters, surpassing Alibaba's Qwen3.8-Max (24 trillion parameters) and Moonshot's K3 (28 trillion parameters) to become the largest model by parameter scale known in China. The project remains in

According to Goldman Sachs, the bank significantly raised its forecasts for artificial intelligence server PCB and CCL markets in its latest report. The bank projects the global AI server PCB market will reach $37.5 billion in 2027, up 38% from previous estimates, and climb to $84 billion in 2028. T

The S&P 500 continues setting records in 2026 as a viral chart comparison with the late 1990s reignites debate over whether artificial intelligence enthusiasm is inflating a market bubble. Analyst Rekt Fencer posted a chart overlay arguing the current trajectory mirrors patterns from 1999

Analyst Rekt Fencer has circulated a chart overlay on X arguing that the S&P 500's current trajectory mirrors the late 1990s dot-com bubble, triggering broader debate over whether artificial intelligence enthusiasm is inflating a classic market bubble. The Shiller CAPE ratio, which measures share

According to Alibaba Cloud, the company launched Wan3.0, its next-generation video generation model, for public beta testing today (August 6). Wan3.0 can generate 30-second videos and for the first time supports document format inputs including doc, xls, ppt, pdf, and md files, in addition to

According to CEO Clément Delangue, Hugging Face added nearly 4 petabytes of private and public training datasets, models, and agent trajectories last week, marking an all-time high for the platform. The new data comprises three categories: training datasets, pretrained models, and agent trajectories

According to Bloomberg, the UAE's sovereign wealth fund Mubadala Investment Co. plans to invest $6.3 billion to build a 500 megawatt AI data center in Akita, Japan. The project, valued at approximately 1 trillion yen, could also attract additional domestic and international investors as

According to Odaily, Arkham announced support for Coinbase's x402 standard, enabling AI Agents to pay API fees in USDC in real time. The x402 standard is developed by Coinbase and governed by the Linux Foundation. By combining Coinbase Agentic Wallet with Arkham's API, traders can now use AI Agents

According to Dealstreetasia, Singapore-based AI infrastructure startup Acrab recently completed a $130 million Series B funding round led by Vertex Growth and other investors. The round brings the company's total funding to over $480 million. Acrab has developed a full-stack AI computing platform in

Shaw Walters, founder of Eliza Labs, declared the ELIZAOS token finished on August 4, 2026, after a class-action lawsuit settlement exhausted the project's remaining treasury. The token price fell to a record low near $0.000289 following the announcement. The settlement with Burwick Law, which had f

Shaw Walters, founder of Eliza Labs, declared the ELIZAOS token abandoned on August 4, 2026, after a class-action lawsuit settlement exhausted the project's remaining treasury, sending the token to a record low near $0.000289. Burwick Law filed the federal suit alleging misleading marketing and