AI Industry Development & Policy Dynamics

According to the Ethereum Foundation, its Protocol Security team deployed coordinated AI agents to hunt vulnerabilities in critical protocol code, uncovering a remotely triggerable panic in the libp2p gossipsub library that powers Ethereum's peer-to-peer communications. The vulnerability has been di

According to PYMNTS, Cursor is developing a universal AI agent codenamed Sand, designed for non-developers to handle email and message replies, organize spreadsheets, and manage engineering-related tasks. The tool marks Cursor's expansion beyond coding assistance into general enterprise

According to SoftBank, the company and Yaskawa demonstrated a deformable object manipulation system using SoftBank's AI Data Center Graphics Processing Unit Cloud in collaboration with Nvidia on July 13. The platform covers robot motion data collection, AI training, evaluation, and deployment on

According to BlockBeats, Robinhood is rolling out AI Agent trading functionality to U.S. users on July 13, allowing eligible users to connect AI agents from Anthropic, OpenAI, and Grok to dedicated accounts for automated crypto trading. The feature includes real-time profit and loss tracking and

Webull Malaysia has launched an OpenAPI that allows retail investors to connect artificial intelligence tools directly to their brokerage accounts, becoming one of the first retail brokers in Southeast Asia to make API-driven, AI-assisted trading available to everyday investors. The launch

Webull Malaysia has launched an OpenAPI allowing retail investors to use artificial intelligence tools to trade directly through their brokerage accounts, making the platform one of the first Southeast Asian retail brokers to offer AI-assisted trading to everyday investors rather than only

According to PANews, YC partner Tom Blomfield announced today (July 13) that he is temporarily leaving Y Combinator to join Anthropic. Blomfield will work with Tom Brown on the computing team.

According to SimpleAI, the Singapore-founded AI startup has raised a US$5 million seed round and secured a US$10 million debt facility, valuing the company at US$50 million. Founded in 2023, SimpleAI builds AI agents for accounting and finance teams. The funding will support an acquisition-led

According to Guru Club, on July 13, ByteDance is exploring entry into the autonomous driving field, with the project led by Seed's world model team under Zhou Chang. The proposed autonomous driving scenario includes unmanned logistics, which would fall under ByteDance's VolcanoEngine automotive

According to Reuters, South Korea announced a record 830 trillion won (approximately $530.97 billion) budget for fiscal year 2027, driven by strong tax revenue growth from the AI and chip industries. The government will prioritize investments in three major sectors: semiconductors, AI data

According to South Korea's Ministry of Science and ICT, on July 13, the government launched the 'Everyone's AI Project' to develop domestically-made AI services accessible to all citizens. The ministry will provide GPU support through a one-month application period for companies developing AI servic

According to Critini Research analyst Jukan, who spoke after attending ICML, South Korea's AI startups and university research have been significantly overvalued. Jukan stated that South Korea is "pretending to develop AI seriously" and that its efforts are "almost nothing" compared to China. He

Gate announced the launch of OpenAI Pre-IPO Asset Certificates on July 13, 2026, with subscription running from July 15 to July 17 using USDT and GUSD. The offering totals approximately $20 million, comprising 27,700 certificates priced at $722 each, with a minimum subscription of 100 USDT or 100 GU

European defense startup Helsing announced Monday it raised $1.8 billion in a funding round valuing the German firm at $18 billion. The round drew participation from new and existing investors including U.S. investment bank JPMorgan Chase and venture capital funds Lightspeed Venture Partners and

According to CNBC, German defense startup Helsing raised $1.8 billion in a funding round on Monday, valuing the company at $18 billion. New and existing investors including JPMorgan Chase, Lightspeed Venture Partners, and Iconiq participated in the round. Helsing, which develops AI-powered drones a

According to Ali Haider, Anthropic is discussing permanently retaining Claude Fable 5 in its paid subscription tier. The company is concerned that removing the model could trigger user cancellations and faces competitive pressure from GPT-5.6 Sol and Grok 4.5. Anthropic extended Fable 5's subscripti

According to Reuters, Meta will begin producing its own artificial intelligence chip in September as part of a plan to expand computing capacity to 14 GW by next year. The company disclosed the plan through an internal memo. Meta's custom chip for its data centers is code-named

According to JPMorgan Chase report on July 13, software profit pools are shifting from the model layer to downstream infrastructure. The bank cited three cases: Starbucks built proprietary AI tools to replace Microsoft and IBM software, Microsoft deployed self-developed MAI models instead of

Goldman Sachs on July 13 said international investors are underallocated to Chinese artificial intelligence stocks, dismissing views that China's AI sector is in a bubble. The bank noted that China comprises 11% of global AI-related market value and 18% of global AI-related revenue, making it an

According to LTM, the Indian technology services firm partnered with Anthropic on July 13 to integrate Claude, Claude Code, and Claude Cowork into its BlueVerse AI Delivery Fabric. The integration will support software engineering, application modernization, site reliability engineering,