AI Industry Development & Policy Dynamics

According to Korea Exchange, SK Telecom established a separate entity called SK Horizon on August 28 to house its artificial intelligence data center business and secured approximately 3 trillion won in external funding. The spinoff aims to unlock independent value in the AIDC business and reduce fi

According to Jin10, Tencent Hunyuan unveiled Hy4 preview on August 28, featuring 770 billion total parameters and 49 billion activated parameters with a 1 million token context length. The model demonstrates advanced performance across code, office productivity, and scientific

Dunamu, the parent company of South Korean crypto exchange Upbit, announced Friday that it has signed a strategic partnership with Visa for innovative financial services using stablecoins and AI. The companies will combine Dunamu's digital asset technology with Visa's global payments network to

According to ChainCatcher, Dunamu, the operator of Upbit, signed a strategic partnership with Visa to collaborate on stablecoins and AI-powered financial services. The two companies are also exploring integration of Open Standard's OUSD into future business

According to China's National Development and Reform Commission, Li Chao, deputy director of the Policy Research Office, stated in August that the robot industry must pursue tailored development based on local resources and competitive advantages, while avoiding blind imitation and herd behavior.

On August 27, Anthropic announced it is releasing 10,000 Claude subscription seats specifically for scientists, offering either free standard access or premium seats at $15 per month for one year. To qualify, applicants must be principal investigators at accredited institutions working in natural sc

IREN Ltd. shares tumbled 8% in overnight trading late Thursday after reporting fiscal fourth-quarter revenue of $137.2 million, below analyst consensus of $157.14 million, while adjusted loss came in at $0.41 per share versus expected $0.34 per share. The bitcoin miner and AI infrastructure

According to OpenAI's spokesperson, the company has rolled out advertisements on ChatGPT for free users and those on the 399 rupee ($4) per month Go plan in India, one of its largest and most active markets. The ad feature is already live in 38 countries, including the U.S., Japan, Korea, and 31

According to Odaily, the probability that Moonshot will rank second among Chinese AI companies on Arena.ai's Text Arena Overall leaderboard reached 91% on Polymarket as of late August, up 72% in 24 hours. The ranking will be determined on September 1 at 00:00 Beijing time (August 31 at 12:00

According to Jin10 Data citing Reuters survey, South Korea's August exports are expected to grow 62.6% year-over-year, marking the 15th consecutive month of growth. The forecast, based on a median prediction from ten economists, broadly aligns with July's robust 63% expansion. Samsung Electronics an

Anthropic announced on August 27 the release of 10,000 Claude subscription seats specifically for scientists, offering free standard access or premium seats at $15 per month for one year. The program targets principal investigators at accredited institutions working in natural sciences,

According to the Wall Street Journal citing sources, Chinese AI startup DeepSeek is seeking to raise $7.4 billion to fund research and expand computing infrastructure as of August 28. The financing round values the company at $74 billion, up from over $50 billion in June. The company aims to go

According to Korea Investment Corporation (KIC), the state-backed fund held a forum in New York on Aug 27 with domestic financial professionals and local investment experts to discuss global economic outlook and investment strategy. Participants highlighted AI-related investments as a key driver of

Salesforce CRM stock gained 22.6% on Thursday, marking its best single-day move in six years, after the company reported strong Q2 results on Wednesday and announced an expanded partnership with Anthropic branded ClaudeForce. Analysts said the results dispelled fears that AI will disrupt niche

According to analysts and Stocktwits, Salesforce stock (CRM) gained 22.6% on Thursday, marking its best single-day move in six years, following the company's strong Q2 earnings report released Wednesday and expanded partnership with Anthropic. Analysts at Canaccord described the quarter as

According to Bloomberg, Indian data center operator Yotta Data Services is planning an initial public offering to raise up to $900 million as of August 28, according to chairman Darshan Hiranandani. The company targets a valuation of as much as $6 billion. Yotta operates India's largest cluster of

According to Omdia, AI ASIC shipments are projected to surpass GPU shipments in 2028 for the first time, with an estimated 10.5 million ASIC units compared to 10.1 million GPU units.

According to Bernstein's August 26 research report, approximately 70 AI-derived drug development projects have entered clinical pipelines, with most still in early stages. The real test will come over the next 3 to 5 years, the firm said. Bernstein dismissed recent claims by DeepMind and Anthropic