AI Industry Development & Policy Dynamics

K Wave Media, a Nasdaq-listed Korean media and entertainment firm, announced it will redirect up to US$485 million from a planned bitcoin treasury strategy into AI infrastructure including data centers, GPU compute, and acquisitions, according to CoinDesk. The move amends a US$500 million

According to Beating monitoring, OpenAI launched Ads Manager beta in the U.S., enabling small and medium-sized businesses to self-serve ads on ChatGPT. The platform removes the previous $50,000 minimum spend requirement and shifts from cost-per-impression (CPM) to cost-per-click (CPC) pricing. OpenA

According to FT, JPMorgan Chase CEO Jamie Dimon said yesterday at Anthropic's The Briefing event that the $1 trillion investment in data centers is "meaningful" from a long-term perspective. The spending covers not only data centers but also chips, cables, and

According to Benchmark Studio, Chinese AI startups including Moonshot AI and DeepRoute.ai are evaluating options to relocate company registration from overseas to mainland China following regulatory inquiries from China's Securities Regulatory Commission regarding offshore holding structures.

Gate News message: On May 6, according to Gate market data, as of the time of publication, LAB (LAB) is trading at $2.79. In the past 24 hours, it has risen 60.08%, reaching a high of $2.95 and falling back to a low of $1.60. The 24-hour trading volume was $24.9937 million. The current market cap is approximately $642 million. LAB is a multi-chain trading infrastructure that integrates spot, limit, and perpetual futures trading, and is powered by an AI research engine, aiming to deliver high-performance execution capabilities and executable strategies across trading platforms. --- LAB’s recent important updates: 1️⃣ **Near-term surge rapidly driving market sentiment** Over the past month, LAB has risen from $0.2 to $2.38, for a cumulative gain of more than 10 times. This rapid surge process

According to Reuters, on May 5, major book and academic publishers including Elsevier, Cengage, Hachette, Macmillan, and McGraw Hill sued Meta in Manhattan federal court, along with author Scott Turow, alleging the company used millions of books and journal articles without permission to train its

According to Decrypt’s report on May 6, the Solana Foundation partnered with Google Cloud to launch the Pay.sh service, allowing AI agents to pay for on-demand API access costs using stablecoins on Solana, without traditional accounts or subscriptions; for each API call, agents only need to pay a fraction of a cent, with no minimum spend requirement.

According to Bloomberg, on May 6, Alphabet marketed at least $10.5 billion in euro and Canadian dollar bonds to fund AI data center spending. The euro sale drew over $29.5 billion in orders across six tranches, while the Canadian dollar offering included four parts with maturities from five to 30

According to The Economic Times, ElevenLabs, a voice AI startup based in New York and London, said its annual recurring revenue passed $500 million in the first four months of 2026. The company added undisclosed funding to its ongoing Series

According to Calcalist, Israeli ecommerce AI startup ZyG raised $60 million in a Series A round led by Accel at a $500 million valuation. The funding brings ZyG's total capital raised to $118 million, with participation from Lightspeed, Viola, Bessemer, Access Industries, and Wiz CEO Assaf

From April 20 to 29, 2026, Chrome silently installed an approximately 4GB Gemini Nano model (weights.bin, OptGuideOnDeviceModel) on devices without user consent. There was no opt-in/opt-out; after deletion, updates automatically re-download it, affecting more than 1 billion users. Gemini Nano is an on-device LLM, but the AI Mode is effectively a cloud entry point—it's not a local model—making privacy misunderstandings likely. This may violate EU ePrivacy 5(3) and could result in fines and added carbon-emission costs. It can be blocked via enterprise management tools.

According to Reuters, Advanced Micro Devices forecast second-quarter revenue of approximately $11.2 billion, plus or minus $300 million, exceeding Wall Street estimates of $10.52 billion on strong demand for AI infrastructure. The chipmaker's shares rose 12% following the announcement. First-quarter

Driven by AI infrastructure demand, Samsung’s market value has surpassed $1 trillion, and its stock price has risen sharply over the past year. Memory demand remains strong, with NAND/DRAM prices climbing, and supply is expected to be even tighter in 2027. Rumor has it that Apple is considering core chips for U.S. contract manufacturing; if it happens, it would expand the supply chain’s diversity. Faced with pressure on smartphone and display costs and labor-related risks, its forward P/E is around 5.3x, and analysts estimate about 30% upside over the next 12 months.

Anthropic has agreed to spend US$200 billion on Google Cloud over five years, according to Reuters. The commitment represents more than 40% of Alphabet's disclosed cloud revenue backlog, and Alphabet shares rose about 2% in extended trading following the announcement. Deal Details and Alphabet

OpenAI and Anthropic are separately partnering with private equity firms to acquire services companies that help businesses deploy artificial intelligence, according to Reuters. The moves aim to secure engineers and consultants to roll out their AI models for corporate customers. OpenAI's

According to Bloomberg, Google, Microsoft, and xAI agreed on May 5 to let the US Commerce Department review their AI models before public release. The move expands a federal testing program tied to Trump's AI policy. They join OpenAI and Anthropic, whose models the Commerce Department has reviewed s

According to Odaily, Solana Foundation and Google Cloud have jointly launched Pay.sh, an AI payment gateway that enables AI agents to call API services using on-chain stablecoins on a per-request basis without requiring traditional accounts. Built on the x402 protocol and supporting Tempo and

According to Beating, Anthropic recently released 10 new AI Agents designed for Wall Street, featuring built-in connectors and skills for high-frequency financial tasks including pitch writing, valuation review, and compliance workflows. The agents can be deployed as plugins in

Medical artificial intelligence scribe startups operating in Southeast Asia are confronting significant regulatory barriers and partnership risks that threaten their market viability, according to a Tech in Asia report. The challenges range from multilingual consultation environments to strict

According to Reuters, Apple agreed on May 5 to pay $250 million to settle a shareholder lawsuit in California over delayed Siri AI upgrades that were promoted for iPhones launched in late 2024. The suit, filed in 2024 by shareholder Peter Landsheft, claimed Apple advertised the features after