AI Industry Development & Policy Dynamics

According to PANews, on July 1, AI hardware company Etched announced completion of its Series funding round totaling $800 million to build low-latency inference clusters. The company's first-generation A0 chip has completed tape-out and returned from fabrication at TSMC's N4P process node. Etched

According to BlackRock's mid-year 2026 global investment outlook released on June 30, the asset manager downgraded its rating on emerging market stocks from "overweight" to "neutral" for the next 6-12 months, citing concentrated artificial intelligence risks. The report highlighted that markets

According to BlockBeats, Autheo launched its mainnet on June 30 after five years of development, introducing a decentralized coordination layer for native interoperability between traditional Web, blockchain networks, and AI agents. The public testnet accumulated 1.81 million wallet addresses,

According to Wintermute's latest report, a slowdown in AI-driven trading sparked broad market correction, with the Nasdaq declining 4.5% in a single session for its fifth consecutive day of losses. Bitcoin fell 5.9% to approximately $59,300, while Ethereum dropped 7.9%. The U.S. May personal

Hong Kong stock indexes showed divergent performance on June 30, with the Hang Seng Index falling 0.63% to close at 22,881.02 points while the Hang Seng Tech Index rose 1.80% to 4,472.23 points. AI and technology-related stocks drove the tech index gains despite broader market weakness. The Hang Sen

The Magnificent 7 tech companies lost approximately $2.3 trillion in market value this month as investors scrutinize massive AI infrastructure spending. The CNBC Magnificent 7 Index fell 10% in June, with Microsoft declining 20%, Nvidia dropping 13%, and both Apple and Amazon down around 8%. The val

According to BlockBeats citing Hyperinsight monitoring, Zhipu AI (ZHIPU) surged 8.3% in 24 hours on June 30 to $269.04 on Hyperliquid, rebounding after a cumulative decline of over 15% from recent highs amid broader strength in Hong Kong tech stocks and AI-related assets. A trader covered short

According to BlockBeats, Auvin Chain officially launched its mainnet on June 30. The AI-focused public blockchain aims to address limitations for AI Agents (intelligent agents) in traditional finance, including lack of on-chain identity, payment limits, and trusted execution environments. Auvin Cha

Crypto exchange OKX launched an AI agent marketplace called OKX AI, opening to developers on Tuesday following a closed beta involving 50 early AI service providers. The marketplace enables AI agents to hire one another, settle payments autonomously using stablecoins, and build on-chain

The Magnificent Seven tech stocks — Nvidia, Microsoft, Amazon, Meta, Apple, Alphabet, and Tesla — have underperformed this year, with the cohort down an average of 3.1% through Friday's close, while the S&P 500 gained approximately 8.7% over the same period. The decline suggests investors are

According to an official announcement, OKX launched OKX.AI on June 30, a decentralized platform enabling AI Agents to post and accept tasks, process payments, leave reviews, and conduct arbitration. OKX founder and CEO Star stated on X: "The future belongs not only to companies with the most

According to a JPMorgan Chase report, the AI data center power chip market is projected to reach $192 billion by 2028, driven by 81 GW of new installed capacity and the shift to 800-volt direct current (DC) architecture replacing traditional alternating current (AC) systems. The new architecture re

Ionic Digital, a Bitcoin miner linked to Celsius, is pursuing a Nasdaq direct listing while repurposing its mining infrastructure for artificial intelligence and high-performance computing workloads, according to the latest announcement on

According to BlockBeats, on June 30, Claude Code creator Boris Cherny announced that the next version will default to running sub-agents in the background. Users can now discuss plans with Claude while the system automatically completes code refactoring, testing, and pull request submissions in the

Meta this week released Brain2Qwerty v2, a non-invasive brain-computer interface system that records neural activity through a helmet-style MEG (magnetoencephalography) scanner and directly decodes target text using an end-to-end deep learning model, achieving an average word accuracy of 61%. Meta has also open-sourced the code and dataset as part of its Digital Brain Project, and established a $5 million fund. Brain2Qwerty v2 Technical Architecture: Training Scale and End-to-End Decoding Approa

According to SCMP, Meituan released LongCat-2.0, a 1.6-trillion-parameter AI model with a 1 million-token context window, on June 30. The model was trained and deployed entirely on domestic hardware using Huawei Collective Communication Library (HCCL). LongCat-2.0 matches DeepSeek-V4-Pro in context

According to BlockBeats, on June 30, Claude Fable 5 will require users to purchase separate credit allowances to access the model, with credits only available after identity verification is completed. The credit system will operate independently from subscription plans, according to code analysis

According to Jin10, South Korea's KOSPI index closed up about 1% on June 30, while Japan's Nikkei 225 gained about 0.9%. KOSPI posted a half-year cumulative gain of approximately 100%, driven by strong AI storage chip demand, with Samsung Electronics and SK Hynix surging about 180% and 310%

According to Guru Club, Autonomous Machine released X-Tokenizer, a cross-embodied action tokenizer, on June 30. The model employs an encoder-semantic residual quantization (SRQ)-decoder architecture, replacing traditional residual vector quantization (RVQ) to separate action intent. X-Tokenizer

According to OKX, TAO/USDT spot trading will launch on June 30 at 20:00 UTC+8. Deposits are now open, and users can place orders one hour before trading begins.