AI Industry Development & Policy Dynamics

According to Max For AI, Xiaomi's next-generation large language model MiMo-V3-Pro allegedly achieved a score of 72.8 on SWE-Bench Pro on August 21, as claimed by a leaked benchmark screenshot circulating in online communities. The reported score surpasses Zhipu's GLM 5.3 (67.9) and Moonshot AI's

New York University professor Aswath Damodaran stated on Thursday that artificial intelligence has reached its 'bar mitzvah moment,' marking a transition from hype-driven spending to profitability-focused business building. The valuation expert argued that investors must now evaluate AI companies on

According to Aswath Damodaran, dean of valuation and NYU professor, on Thursday, artificial intelligence has reached its 'bar mitzvah moment'—transitioning from hype-driven spending to an era where investors must evaluate companies on profitability and sustainable competitive advantages. Damodaran s

According to X user MaxForAI, the code name deepseek-v4-flash-vision-exp appeared in DeepSeek Harness code today (August 21) at 3 p.m., signaling that DeepSeek is testing a vision version of its V4 Flash model. The latest Harness version has added native image request support, though the model

According to ChainCatcher, AI and prediction market project Fortune Protocol announced the completion of multiple funding rounds with cumulative proceeds exceeding $4 million. Investors include K24 Ventures, CGV FoF, MH Ventures, and Mapleblock Capital. The project stated that funds will be used

According to ChainCatcher, B.AI platform released Tencent's Hy3 large language model on August 21 and made it available free across Web Chat and API interfaces. The model employs fast-and-slow thinking fusion architecture and is designed for production use cases including AI agent engineering,

According to ChainCatcher, Anthropic's chief economist Peter McCrory recently addressed the AI unemployment paradox, characterizing artificial intelligence as a skill-biased technology. McCrory noted that despite significant advances in AI capabilities, their impact on U.S. unemployment remains

According to Guru Club, Zhejiang's provincial government released its 15th Five-Year Fiscal Plan on August 21, outlining three major support initiatives for artificial intelligence development. The plan aims to foster a world-class AI ecosystem with focus on talent recruitment, computing power

According to Chosun Ilbo, Kakao's board today approved a major spinoff plan to establish two new entities: Kakao AI, focused on artificial intelligence and messaging, and Kakao X, handling investment, fintech, content, and mobility services. The companies will split net book assets at 36% and 64%

On August 21, Salesforce said it is expanding Headless 360 across its platform with open Model Context Protocol (MCP) integration. AI agents with appropriate permissions can now securely discover and use business capabilities through MCP. The expansion covers Salesforce's cloud products including

Hong Kong stocks closed higher today, with the Hang Seng Index rising 1.21% and the Tech Index gaining 1.4%. Gold stocks and AI model concept shares led gains, with Chihfeng Gold (06693.HK) surging 12.4%, MINIMAX-W (00100.HK) climbing nearly 12%, and Zhipu AI (02513.HK) rising

On August 20, Binance launched Agent OS, a developer platform that connects AI assistants to the exchange's trading engine, wallet system and market data feeds. Supported applications include Claude, Claude Code, Codex, ChatGPT, Cursor and VS Code. Users can authorize agents to trade across spot mar

According to Reuters, South Korea plans to submit legislation next month for a proposed Future Response Fund to accompany its 2027 budget proposal. The fund, estimated at more than 100 trillion won (approximately $72.28 billion), would use excess tax revenue to finance youth employment, housing,

According to Bloomberg, Nvidia is in early-stage negotiations with South Korean AI chip designer Rebellions over potential collaboration, with options including technology partnership, investment, and possible acquisition, according to sources familiar with the

According to ChainCatcher, Huawei CEO Ren Zhengfei met with China Huaneng Group Chairman Wen Shugang and General Manager Zhong Guodong in Shenzhen on August 20. Ren highlighted two fundamental advantages for China's AI development: electricity resources and telecommunications network

According to ChainCatcher, multiple users recently spotted a new image model called luna-lisa-alpha on the LMArena testing platform, reportedly being tested by OpenAI. Although not officially confirmed, it is speculated to be an early version of GPT Image 2.5 or the next-generation GPT Image.

Anchorage Digital CEO Nathan McCauley stated in an interview at the Wyoming Blockchain Symposium 2026 that AI agents should become 'first-class economic actors' requiring full banking capabilities. The crypto-native bank launched its Agentic Banking platform in May to facilitate AI-driven

Anthropic is preparing to publicly file for an initial public offering as soon as the end of August, according to reports Thursday, as the artificial-intelligence company seeks an offering that could match or surpass SpaceX's record-setting market debut. The Claude developer confidentially

According to reports Thursday, Anthropic is preparing to publicly file for an initial public offering by the end of August, as the AI company seeks an offering comparable to or exceeding SpaceX's record. The Claude developer confidentially submitted a draft registration statement to the U.S.

OpenAI recently clarified that Codex rate limit discrepancies are caused by sub2api abuse. The company found that affected users were converting subscriptions into API traffic via sub2api and redistributing it, behavior flagged by its fraud prevention system. OpenAI confirmed that normal subscriptio