AI Industry Development & Policy Dynamics

Since taking office as chair in May, FED Chair Kevin Warsh has clearly said he will reduce external communications and reshape how forward-looking guidance is delivered, prompting Wall Street to rapidly adjust its policy-implied forecasting tools. This week, F/m Investments rolled out an AI tool called “WarshGPT.” It analyzes nearly 1,800 documents and speech transcripts from Warsh, aiming to help users understand how he may view issues related to the economy and monetary policy. Warsh’s shift i

Bank of America appointed executives to lead its digital assets and artificial intelligence divisions on the 18th (local time). Sonali Theisen was named head of the Global Digital Assets Platform, while Kevin Milsom was appointed head of Platforms AI Transformation. The appointments aim to

According to Reuters and Bloomberg, Bank of America on July 18 appointed senior executives to lead its digital assets and artificial intelligence initiatives. Sonali Theisen was named head of the Global Digital Assets Platform, overseeing platform design, development, and governance while

According to Hong Kong stock exchange filings released on July 20, Deepxi Technology disclosed that it expects first-half 2026 revenue to double compared to the prior year, while its DeepexiOS AI platform recorded income growth exceeding 200%, reflecting significant improvement in profitability

According to research from Exponential View reported by BlockBeats on July 20, AI-related sales revenue from major cloud service providers globally reached approximately $25 billion, exceeding estimated depreciation costs of data center and chip infrastructure investments of about $21 billion for

At the 2026 World Artificial Intelligence Conference (WAIC 2026) on July 20, Joyson Electronics (00699, 600699.SH) announced a comprehensive lineup of core humanoid robot components, including the proprietary dexterous hand (20 degrees of freedom), solid-liquid hybrid battery (380 Wh/kg energy

According to David Sacks, Chair of the U.S. Presidential Science and Technology Advisory Committee, Kimi K3 recently completed 15 critical security vulnerability fixes, while U.S. models Codex and Fable declined to process the same requests due to cyber safety protocols. Sacks stated that imposing A

According to Odaily, Samsung SDS launched a Neural Processing Unit-as-a-Service (NPUaaS) on its Samsung Cloud Platform (SCP) on July 20, based on FuriosaAI's second-generation Renegade (RGND) processor. Renegade is designed for AI inference tasks including response generation, document analysis,

According to a regulatory filing disclosed yesterday (July 19), Netflix paid US$587 million in cash to acquire InterPositive, an AI filmmaking startup co-founded by actor and director Ben Affleck. The company announced the deal in March without disclosing the price then. InterPositive's 16-person te

Korea Development Bank launched an anti-money laundering (AML) system upgrade on the 20th, conducting privacy impact assessments covering approximately 2 million customer records. The initiative includes building an AI-based electronic document workflow system to transition from paper-based

South Korea's Deputy Prime Minister Koo Yun-chul announced swift implementation of economic cooperation MOUs on the 20th. Speaking at the External Economic Ministerial Meeting in Sejong, Koo stated the government will convert

According to South Korea's Finance Ministry, Deputy Prime Minister Koo Yun-cheol announced on July 20 the launch of the K-AI package, which integrates artificial intelligence technology with the Economic Development Cooperation Fund (EDCF) to support infrastructure development in emerging markets an

According to analyst Jukan on X, Foxconn has secured its first manufacturing contract for SpaceX's next-generation AI servers powered by Nvidia's GB300 chips. The deal, valued at approximately $520 billion, breaks the duopoly previously held by Dell and Supermicro in the enterprise server

According to SemiAnalysis on X, Anthropic has been listed as an AMD customer in a publicly exposed GitHub YAML configuration file, recently. The file shows Anthropic received the highest priority tier of 30 points, placing it on par with major customers like Meta. The company is currently in

According to Odaily, G42, a core UAE-based AI enterprise, dismantled $150 million worth of Huawei equipment and gained unrestricted access to purchase Nvidia's core products for 9 months following new U.S. export policy adjustments. The company had previously undergone external audits to address U.S

According to 36Kr, DeepSeek is nearing a full launch of its V4 model family within days after limited rollouts of V4 Flash and V4 Pro. The company said the full version would arrive in mid-July. DeepSeek announced V4 pricing would shift to peak and off-peak billing, with V4 Pro output priced

According to Security Times, Deepexi Technology, a Beijing-based enterprise software company, has opened public beta testing for DeepWorks, its enterprise intelligent agent platform. The system includes the DeepWorks platform, Deepexi's enterprise large model, Deepology (an enterprise ontology

According to Bloomberg, Moonshot AI sought shareholder approval on July 19 for a Hong Kong initial public offering that could occur within six months. The Beijing-based AI startup is completing a funding round expected to value the company at more than US$30

According to Nomura strategist Naka Matsuzawa in a report on Friday (July 17), the market is grappling with four potential scenarios that could derail AI investments. Beyond the previously identified concerns—cloud giants overspending, elevated memory costs, and central bank tightening—Nomura