AI Industry Development & Policy Dynamics

According to South Korea's Climate Energy and Environment Ministry, LG Energy Solution was selected on July 10 to operate the government's first AI-enabled battery energy storage system (ESS) project for power distribution networks. The company's consortium with Shinhan Asset Management secured 7 di

According to media interviews, Meta CEO Mark Zuckerberg recently denied claims that the company has excess computing capacity, stating that market demand for AI computing resources is extremely high. Zuckerberg indicated that Meta is considering renting out portions of its AI infrastructure to

Temasek Holdings, Singapore’s sovereign wealth fund, announced that due to an investment loss of about $275 million caused by the FTX collapse and uncertainty in the crypto regulatory environment, it will not make any direct crypto investments in the short term. At the same time, the company plans to increase AI investments over the next 5 years, targeting an increase in the AI investment share from 6% in Q1 2026 to 15% by 2031. $275 million FTX losses and the backdrop for the pause in crypto in

According to an exclusive report by Reuters on July 10, internal memos from Meta show that the next-generation self-developed AI chip "Iris" is expected to begin production in September this year, designed in collaboration with Broadcom and manufactured by TSMC. Iris is part of Meta's self-developed chip project (MTIA), aimed at improving AI functionalities on Facebook and Instagram. Reuters: Iris AI Chip to Start Production in September, Designed by Broadcom, Manufactured by TSMC Citing an inte

According to 優分析 (UAnalyze), U.S. stock markets saw a notable shift in AI-related capital allocation in early July, with funds rotating away from semiconductor and AI supply chain stocks toward software companies. Memory makers and other AI supply chain firms declined 10% to 25% from the month's

According to Guru Club, on July 10, JPMorgan asset management strategist David Lebowitz said investors are becoming more discerning about AI investments, moving away from indiscriminately buying anything related to AI. Lebowitz noted that investors are now differentiating risk and reward within

According to OpenAI, on July 10, the company rolled out ChatGPT Work, a new agent that operates across apps and files, completes multistep tasks like slides and spreadsheets, and runs independently for hours on GPT-5.6. The desktop app combining Chat, Work, and Codex is now available on Mac and

ORIZON announced the expansion of its OriZone ecosystem, marking a strategic transition from its origins as a decentralized finance protocol toward an AI-native Web3 ecosystem that combines decentralized finance, artificial intelligence, digital creativity, and real-world utility. The expansion

Korean stocks surged over 5% during afternoon trading, with the KOSPI rising 398.31 points (5.46%) to 7690.22 and the KOSDAQ climbing 50.20 points (6.32%) to 844.20. Institutional investors led the rally with net purchases of 1.7896 trillion won in the securities market, while individual and

The Ethereum Foundation’s EF Protocol Support team officially announced its dissolution on X on July 10; the official statement was brief and did not reveal specific reasons for the breakup. The team is the coordination hub of the Ethereum ecosystem, mainly responsible for organizing and coordinating meetings among core developers, tracking network upgrades, providing support for the advancement of EIPs, and maintaining the day-to-day execution of the protocol. EF Protocol Support Dissolution An

According to E-Daily, South Korea's KOSPI index surged 398.31 points, or 5.46%, to 7,690.22 on July 10 afternoon (1:09 PM KST), driven by recovering investment sentiment in artificial intelligence semiconductors. The KOSDAQ index also rallied 6% and recovered above the 800 level, with buy-side

According to ChainCatcher, citing Science and Technology Board Daily, MiniMax founder and CEO Yan Junjie announced that he will stop taking any salary from the company effective immediately, until AGI is achieved. Over the next four years, he will divest 4% of his personal equity holdings to

Tencent is in advanced discussions to become the largest shareholder in artificial intelligence startup Manus after Chinese authorities ordered the reversal of Meta’s $2 billion acquisition, marking a significant shift in one of the AI industry’s most closely watched cross-border deals. The

Anthropic launched a new Beta feature called "Reflection Dashboard" on July 10, hidden within the settings page of the Claude web version and desktop app. Anthropic also packages this feature as the "4D AI Literacy Framework," providing personalized feedback across four dimensions: Delegation, Description, Discernment, and Diligence. Claude Reflection Dashboard: Target Users and Design (Source: Anthropic) According to Anthropic's announcement, the Reflection Dashboard is available to users with

According to The Information, citing two sources familiar with the matter, Cursor is testing a general-purpose AI assistant called Sand targeting non-developers. Sand can reply to emails and text messages, organize spreadsheets, and handle engineering tasks. The product has been made available to em

China's National Energy Administration released the Energy Sector Energy Conservation and Carbon Reduction Action Plan (2026-2028) today, encouraging artificial intelligence model innovation in the energy field. The plan promotes digital and intelligent transformation across energy supply,

According to Bloomberg and Financial Times, Tencent is leading negotiations to become the largest shareholder of AI agent company Manus on July 10. Multiple existing investors, including Tencent, Zhenfund, and Sequoia China, are discussing a deal valued at $2 billion aimed at reversing Meta's

South Korea's financial regulators, comprising the Financial Services Commission, the Financial Supervisory Service, and the Korea Exchange, launched a search into listed medical device company AlphaAI (formerly Solgobimedical) on July 10. The joint task force is investigating the company for

According to Apollo Global Management, if artificial intelligence investment returns fail to materialize as expected, the consequences could extend beyond the technology sector to trigger economic recession, Chief Economist Torsten Slok said in a recent report cited by MarketWatch. The four major

According to Meta CEO Mark Zuckerberg, the company is considering renting out AI computing capacity to external customers, as external offers have been high enough that Meta believes rental may provide more value than internal use. Zuckerberg emphasized that Meta has not experienced AI capacity