AI Industry Development & Policy Dynamics

According to Guru Club, Lingyiwanwu, the AI startup founded by computer scientist Kai-Fu Lee, is pursuing a pre-IPO fundraising round ahead of a planned Hong Kong IPO in 2027. Lee stated the company aims to complete the funding before disclosing its first annual financial results, though the fundraising target and potential investors remain undisclosed. The Beijing-based company is also dismantling its offshore holding structure, a prerequisite for overseas listing, Lee said during the World Art

According to an official announcement, China Software International (00354.HK) has recently signed a token revenue sharing and joint innovation collaboration agreement with Beijing-based Moonshot AI (月之暗面). The partnership, part of the company's 'Moon Landing Plan', marks a strategic shift toward

According to Virtuals Protocol's weekly report, Agent trading volume on Robinhood Chain surpassed $150 million this week, with over 4,500 agents now live. The protocol noted that the ecosystem reached the first $100 million in trading volume within two weeks, then accelerated to $150 million in

According to Polymarket, the prediction market for whether the U.S. government will ban open-source AI models shows a 16% probability for "Yes." Per the market's settlement rules, if the federal government restricts public access to or use of open-source AI models via legislation, executive

Economist Nouriel Roubini, known as the “Doctore of Doom,” said in a Bloomberg Television interview on July 18 that within the next 20 to 25 years, as AI and robotics technology advances, large portions of the population could be replaced by machines. A trust fund that the U.S. uses to pay retirement benefits is expected to run out around 2032. Roubini said that a universal basic income (UBI) will ultimately be unavoidable. Roubini: Raising the retirement age cannot address the AI employment sho

According to Bloomberg, AI model company Zero One Technologies plans to list on the Hong Kong Stock Exchange in 2027, as reported today (July 20).

Micron, SanDisk, Western Digital, CoreWeave, Nebius, and IREN stocks rose in overnight trading on Sunday following a brutal week for AI-linked equities. Micron stock gained 2.5%, while SanDisk and Western Digital shares rose about 1% each, and CoreWeave, Nebius, and IREN advanced between 1% and 1.2%

Taiwan workplace information platform “Interviewing Fun” and “Salary Comparison” founder Chen Zhihong (Max) recently shared on Threads that he used Claude Code to independently build the nationwide early childhood education park review website “Parenting Fun” over 56 hours, completing 216 code submissions. Based on Max’s past product experience over the past decade, a website of the same scale usually requires a 7-person team and takes about half a year. Parenting Fun website scale: Information

The Ministry of Industry and Information Technology of China announced, at a news briefing held by the State Council Information Office on July 20, 2026, an overview of industrial and information-technology development in the first half of 2026. MIIT spokesperson and head of the Department of Information and Communications Development, Xie Cun, said that over the past two years, more than 70 “computing power” high-capacity corridors have been built around the co-construction of national computin

According to BlockBeats, on July 20, Zhu Su, co-founder of Three Arrows Capital, compared artificial intelligence to oil as an economic parallel. Both exist in multiple forms and will eventually become commodified, he noted. Both require large-scale capital development often backed by

According to ChainCatcher, Social Capital founder Chamath Palihapitiya identified two major structural headwinds for bitcoin bulls on social media. First, marginal liquidity is flowing toward prediction markets and equities rather than crypto assets. Second, energy used for bitcoin mining could be w

The Emerging Payments Association Asia (EPAA) launched an AI and Agentic Payments Working Group with founding member HSBC to establish standards for autonomous AI-driven payments across the Asia Pacific region. The group will focus on agent identity, authentication, liability, fraud controls,

Launched by the grassroots organization Humans First, protests were held simultaneously on July 19 across at least 42 U.S. states and 142 locations to oppose the disorderly expansion of AI data centers. According to a Reuters report, this was the first nationwide, coordinated protest action in the United States targeting AI data centers. Humans First posted the participating cities and activity schedule on its official event page. A record of protest scale: synchronized action in 42 states and 1

According to Guru Club, China Academy of Information and Communications Technology (CAICT) formally launched the AISHPerf large language model training and inference performance benchmark research initiative today (July 20). The research will focus on three areas: establishing unified performance

According to the State Council Information Office press conference today (July 20), China's Ministry of Industry and Information Technology announced plans to accelerate the rollout of an artificial intelligence plus software action plan. MIIT spokesperson Tao Qing stated that software serves as the

According to Goldman Sachs, on July 17, the firm reported that surging volatility in AI infrastructure stocks is prompting investors to seek non-AI investment directions. The bank's momentum factor achieved a 36% annualized volatility over the past three months, marking the highest level during non-

According to BlockBeats, Jiuan Medical's A-share stock rallied 5.51% on July 20 after a five-day four-board surge, as the company disclosed indirect stakes in DeepSeek, Moonshot AI (Kimi), and StepFun. Jiuan Hong Kong invested 750 million yuan in DeepSeek via Tianjin Shixiang, with a penetration

According to Reuters, at least 125 locations across the U.S. held simultaneous protests on Saturday, July 18, opposing uncontrolled expansion of AI data centers. The demonstrations, organized by the grassroots group Humans First, centered on concerns that data center construction has driven up

Seven of the world’s largest music industry organizations jointly launched a voluntary AI tagging system on July 20 to indicate whether generative artificial intelligence was used in recorded music. The tags are divided into two specifications: AI-Generated and AI-Assisted. The promoting organizations include IFPI, RIAA, and seven other major bodies, and they have also been recognized by independent music organizations such as A2IM, WIN, and IMPALA. Streaming platform AI music ratio: Deezer 44%

San Francisco AI safety startup Andon Labs builds an AI agent called “Mona” using Google Gemini. With a reserved $20,000 principal, it sets up Andon Café in Stockholm, Sweden, and handles all tasks—such as procurement, hiring, and contracting—entirely by issuing commands via Slack. Nearly three months after the opening, Mona burned through more than $16,000 and generated revenue of only $5,700. Andon Café burns $16,000 in three months, revenue $5,700 According to an Andon Labs experimental repor