AI Industry Development & Policy Dynamics

According to BlockBeats, on July 2, Nvidia launched the AI Compute Partnership program to support startup cloud service providers. Under the scheme, Nvidia guarantees to purchase any unsold GPU capacity from participating startups such as Firmus and Sharon AI. In return, Nvidia receives a share of t

According to the Financial Times, OpenAI proposed on July 2 to cede a 5% equity stake to the Trump administration.

Gate News, July 2 – According to Gate行情, as of press time, BRIC (Redbrick) is currently trading at $0.00059, up 37.98% in 24 hours, with a high of $0.0007166 and a low of $0.0005104. The 24-hour trading volume is $4,700.65. The current market cap is approximately $138,700. Redbrick is an AI-powered Web3 content platform that allows users to easily create, publish, and monetize games and applications. The platform provides a comprehensive set of tools and services designed to streamline the devel

Alipay announced on July 2 via its WeChat public account that the AI version of Alipay, "Abao" (Ant Abao), is now open for public beta testing without the need for an invitation code. iOS and Android users can directly search for "Abao" or "Ant Abao" in the app store or within the Alipay app to access the experience. The public beta version of Alipay stated that it has distilled 72 high-frequency items from massive services as a beginner's guide; all steps involving fund changes and payments req

According to Foresight News, IOSG Ventures, a crypto-focused venture capital firm, has integrated Surf, an AI platform for cryptocurrency analysis, into its internal research Agent as an exclusive data source. Surf will provide IOSG with access to social media engagement data, perpetual futures

According to Guru Club, Hang Seng Indexes Company and Cyberport launched a thematic index exploration initiative on June 30, 2026, to jointly develop artificial intelligence solutions for accelerating index design processes. The program represents the second phase of the Innovation Lab, which the

According to JPMorgan's technical analyst Jason Hunter on July 2, the divergence within AI trading is reminiscent of the eve of the 1999 dot-com bubble. Hardware suppliers and semiconductor companies have surged, while major cloud giants like Microsoft, Meta, Alphabet, and Amazon—who are driving

According to Security Times, on July 2, Insilico Medicine signed a collaboration agreement with Takeda to develop drug candidates using Insilico's Pharma.AI platform. The Hong Kong-listed company will receive $60 million in upfront and near-term milestone payments, with total potential deal value re

Alipay rolled out the public beta of its AI assistant 'Abu' today, July 2, according to Jin10. iOS and Android users can download the app directly from their device's app store or by searching 'Abu' or 'Alipay Abu' within the Alipay app.

The Korea Composite Stock Price Index (KOSPI) plunged at the opening on July 2, with the stock market reporting 7,933.10 points, down 370.31 points from the previous trading day, breaking below the 8,000-point integer mark; nine minutes after the opening, the sell-sidecar mechanism was triggered. News that Meta plans to sell off remaining computing resources from its internal AI data center has raised concerns about a slowdown in AI infrastructure investment growth. KOSPI Opening Trend: Down 4.4

According to analyst degentrading citing Serenity, on July 2, Meta began selling surplus AI computing power while purchasing capacity from neocloud companies. Degentrading noted that Meta's capital spending requires demonstrating cash returns to investors. Serenity pointed out that the market may ha

According to Arthur Hayes, the inventor of perpetual contracts, on June 26, the AI bubble is most likely to burst in 2028. Hayes stated this during an appearance on the Bonnie Blockchain podcast. He reasoned that most AI debt accumulated between 2024 and 2026, but GPUs have an actual lifespan of

According to Zhipu AI's official announcement on July 2, the company launched ZCode, the official development environment for GLM-5.2. GLM Coding Plan subscribers now receive 1.5 times the usage quota in ZCode. The platform supports BYOK (bring your own key), is compatible with existing

xAI announced on July 1 the launch of the Voice Agent Builder Beta, a fully no-code AI voice agent building platform that enables users to build enterprise-grade voice agents in 2 minutes using natural language prompts. The platform adopts an end-to-end Speech-to-Speech single voice path tightly coupled with Grok Voice, surpassing GPT in benchmarks. τ-voice Bench Benchmark: Grok Voice Think Fast 1.0 Surpasses GPT (Source: xAI website) According to xAI's official release, Grok Voice Think Fast 1.

According to The Economic Times, AI chip startup OXMIQ, founded by former Intel graphics chief Raja Koduri, secured US$35 million in a Series A round co-led by Samsung Catalyst Fund and Fundomo. The Campbell, California-based company will use the funding to commercialize its OxCore graphics

According to The Wall Street Journal on July 1, SpaceX showcased a handheld AI device prototype to investors and stakeholders. The device is thinner and lighter than an iPhone, runs a proprietary operating system, and integrates xAI technology developed by Elon Musk. The prototype will use

Meta Platforms (META.US) shares closed up 8.81% on July 1 after foreign media reported that Meta is building a cloud computing business and plans to sell AI computing power to external customers. The news triggered a chain sell-off in AI hardware stocks. Meta has committed to capital expenditures of $125 billion to $145 billion in 2026. --- Closing Stock Reaction: META Up Over 8%, Six AI Hardware Stocks Close Lower After the announcement on July 1, 2026, market reaction showed clear sector diver

According to TechCrunch, Together AI raised $800 million in a Series C round on July 1 led by Aramco Ventures at an $8.3 billion valuation. The US-based AI cloud infrastructure startup founded in 2022 also counted Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, and SentinelOne's

According to 36Kr, Liqing Intelligence, a China-based physical AI startup founded in April 2026 and backed by Tsinghua University assistant professor Li Yiming's team, raised several hundred million yuan in seed funding. Major investors include Shunwei Capital, Sequoia China, and industrial

The Wall Street Journal (WSJ) reported on July 2 that SpaceX has developed a prototype AI handheld device resembling a smartphone, with a thinner design than the iPhone. The prototype was shown to some investors and stakeholders ahead of a recent IPO. According to sources, the project is still in its early stages. Musk immediately posted on X, calling the report completely fabricated. SpaceX has not issued any detailed official statement. --- WSJ Report: Prototype Device Shown to Investors Befor