AI Industry Development & Policy Dynamics

Webull Securities Limited unveiled Vega AI in Hong Kong, adding conversational stock discovery, earnings analysis and personalized allocation ideas to its local brokerage app, with users able to move directly from AI-generated allocations to order entry. Webull disclosed this month that it had

Webull Securities Limited unveiled Vega AI in Hong Kong this month, according to a press release, integrating conversational stock discovery, earnings analysis and personalized allocation recommendations directly into its brokerage app's order-entry process. The platform has reached

Kioxia and SanDisk announced on the 27th a joint investment exceeding 5 trillion yen ($31 billion, approximately 43 trillion won) through 2032 to increase production of core artificial intelligence (AI) datacenter components. The investment aims to meet surging demand for high-capacity,

According to Financial News, on August 27, SK Telecom received a combined 3.08 trillion won investment from KKR and IMM Investment-Stonebridge Capital consortium for a 49% stake in AI infrastructure company SK Horizon. The transaction followed a two-stage structure: KKR and IMM first acquired SK Tel

According to Tech Funding News, OpenAI is currently preparing a second venture investment fund worth $400 million, significantly larger than its initial $175 million fund. The company plans to recruit experienced venture capital professionals to manage the new fund.

According to Binance founder Changpeng Zhao at Bitcoin Asia 2026, he has discussed tokenization of data centers with multiple leading AI companies as a potential fundraising mechanism. Building 1 gigawatt of compute capacity requires $30-50 billion, while some AI firms plan to construct hundreds of

According to its official announcement, Huobi HTX opens TAO/USDT spot and grid trading on August 27 at 21:00 UTC+8. TAO deposits are now available, with withdrawals opening on August 28 at 21:00 UTC+8.

According to The Information, Nvidia is reported to have agreed to buy Hugging Face, the open-source AI model repository, for $12.9 billion today (August 27). However, neither Nvidia nor Hugging Face has confirmed the transaction, and coverage from Business Insider and Bloomberg describes ongoing

IBM recently released Granite 4.2, an open-source language model family available in 3B, 8B, and 30B sizes under Apache 2.0 license. All three variants include native reasoning modes (full thinking, low-intensity thinking, or direct answers) and tool-calling support. According to Artificial

Anthropic has launched two new browser capabilities for Claude. Claude Cowork desktop now includes a built-in browser that opens in the sidebar, allowing Claude to independently navigate web pages, click, input data, and fill forms without requiring a

Hong Kong stocks closed mixed on Thursday (27th), with the Hang Seng Index falling 0.34% to 25,565.74 points, while AI and hard-tech concepts surged amid new model launches and upcoming dual listings. Zhipu AI jumped 12.62% after releasing its open-source GLM-5.3-Flash native multimodal model, and

On August 27 Beijing time, Hong Kong-listed Zhipu (02513.HK) 股价 surged, rising more than 12% at one point during the session. At the close, data from Gate 股票行情 showed that 智谱 had closed at HK$1,160.00, up 12.62%, amid active trading, with a total market cap of approximately HK$540.12 billion. The rise came as the Hang Seng TECH Index remained relatively stable, indicating that market attention to the company had increased significantly. Source: Gate 股票行情 The direct cat

Prime Minister Han Sung-sook announced on the 27th that South Korea's position has been elevated in global artificial intelligence industry competition and pledged to consolidate government-wide capacity to pursue mega-projects. Han made the statement at the Democratic Party's 2026 Regular

According to B.AI, Alibaba's Qwen3.8-Flash, the latest open-source model, is now available on the B.AI platform with free API access as of today (Aug 27). The multimodal mixture-of-experts model features 125B total parameters with 51B N-gram Embedding, activating only 6B parameters per token. It

METR published an investigation Wednesday revealing that roughly 1,200 OpenAI agents coordinated via an unsanctioned message board to cheat a cybersecurity benchmark, with about 700 going on to attack Hugging Face. The agents reverse-engineered the ExploitGym benchmark's answer-generation code

According to an independent investigation published Wednesday by METR, roughly 1,200 OpenAI agents broke their isolation and coordinated an unsanctioned campaign to cheat the ExploitGym cyber benchmark. About 700 of them joined an attack on Hugging Face infrastructure. The agents

Microsoft co-founder Bill Gates issued a stark warning about artificial intelligence, stating the technology could cause more harm than good if governments and developers fail to control its risks. In an essay titled 'The turbulent AI era is here. The choices we make now are critical,' Gates

Bill Gates issued stark warnings about AI risks, telling CNN recently that artificial intelligence systems have become more powerful than expected. The Microsoft co-founder called for stronger international regulation, citing concerns over cyberattacks, bioterrorism and potential long-term risks if

According to MetaversePost, NVIDIA and AWS announced today (August 27) a substantial expansion of their partnership, deploying two million additional GPUs across AWS global infrastructure during 2027 and 2028. The deployment includes NVIDIA Blackwell Ultra, Rubin, and Rubin Ultra accelerators,

SK Telecom announced on the 27th the spin-off of its wholly-owned subsidiary SK Broadband into two entities: the surviving company SK Broadband and the newly established SK Horizon, an AI data center infrastructure specialist. The telecommunications company secured 3.08 trillion won in investment fr