AI Industry Development & Policy Dynamics

President Donald Trump said Wednesday that artificial intelligence could become "bigger than the internet," calling for regulation that does not slow industry development as the U.S. competes with China. Trump made the remarks during a White House gathering with crypto executives and financial regul

According to Nikkei, Itochu Corporation, one of Japan's five major trading companies, plans to invest billions of yen to build approximately 10 data centers in Japan by 2030, with each facility offering about 50 megawatts of power capacity. The facilities will be located in the Tokyo metropolitan

Nvidia Corp. (NVDA) is in discussions to back artificial intelligence data-labeling startup Mercor in a funding round that would value the firm at $20 billion, according to a report published Wednesday by The Information. Existing investor General Catalyst has been in talks to lead the investment ro

According to The Information, Nvidia is in discussions to back AI data-labeling startup Mercor in a new funding round that would value the three-year-old firm at $20 billion, doubling its October valuation of $10 billion. Venture capital firm General Catalyst, an existing investor, has been

Twenty-six companies including Visa, Mastercard, and Circle launched the Agentic Payments Alliance on the 18th (local time), according to an announcement by stablecoin payment firm Rain on X. The alliance aims to build a collaborative ecosystem for AI agent-based payment infrastructure. Rain

Amazon Web Services (AWS) officially launched Amazon Bedrock AgentCore payments on the 18th (local time), a feature enabling AI agents to make autonomous payments using stablecoins. The launch follows a preview version released in May

According to Rain, a stablecoin payments company, 26 founding members across payments, stablecoins, blockchain, and AI sectors launched the Agentic Payments Alliance on August 18. The alliance aims to build infrastructure for AI agent-driven commerce, where agents execute transactions on users'

According to AWS, on August 18, Amazon introduced Amazon Bedrock AgentCore Payments, enabling AI agents to autonomously settle transactions using stablecoin infrastructure. The feature integrates wallet technology from Coinbase and Stripe, allowing developers to enable payment capabilities through t

The U.S. Commodity Futures Trading Commission (CFTC) has formally launched its public comment period on computing power futures contracts. CME, Intercontinental Exchange, and fintech company Architect Financial Technologies are among institutions planning to launch related contracts upon

Chainlink and MemeToro advanced AI cryptocurrency infrastructure through separate technical developments. Chainlink's AI-agent infrastructure work contributed to a 6% rise in LINK price, while MemeToro released over 1,100 lines of MIT-licensed code for its trend-to-proposal pipeline. The development

Chainlink's renewed focus on AI-agent infrastructure contributed to LINK rising 6%, driven by the network's oracle and interoperability services and integrations such as S&P Global's Stablecoin Stability Assessments on-chain. The protocol also converts revenue into LINK purchases through its

Stripe announced Wednesday it plans to acquire startup OpenRouter, expanding the fintech company deeper into the artificial intelligence model market. The New York Times reported the deal is valued at approximately $7.5 billion, citing a person familiar with the matter, with $1.5 billion allocated t

According to The New York Times, Stripe agreed to acquire OpenRouter on Wednesday for approximately $7.5 billion, with about $1.5 billion allocated to OpenRouter's founders. OpenRouter, which helps developers access AI models including open-weight alternatives from Chinese labs like DeepSeek,

Marvell Technology surged 8% on August 19 following an AI chip supply agreement with Google. Under the accord, Google has the option to purchase up to $12.2 billion in Marvell stock.

According to a Pew Research Center survey from June, the majority of Americans under 30 now express more concern than excitement about artificial intelligence, marking a significant shift from their previously optimistic stance. This is the first time since the research center began tracking the

OpenAI CFO Sarah Friar told employees during a Wednesday all-hands meeting that the artificial intelligence lab will be a public company in 2027, with potential for an earlier debut if business performance accelerates. Friar described the IPO as a milestone rather than a finish line, citing the comp

According to CNBC, OpenAI CFO Sarah Friar told employees on Wednesday (Aug. 20) that the artificial intelligence company will go public in 2027 or sooner if business continues to accelerate. Friar noted that OpenAI raised $122 billion in March, giving it flexibility on timing. The company

According to The Motley Fool, CoreWeave (NASDAQ: CRWV) closed at $93.17 on August 18, down 12.10% in a single session as long-term U.S. Treasury yields hit their highest levels in nearly two decades. The stock decline was driven by investor concern over the company's debt servicing costs: CoreWeave

According to ChainCatcher, GPU computing firm Alpha Compute reported gaming business and Alpha-01 Nvidia GPU cluster cash revenue of $1.57 million in July, representing approximately 35-fold growth compared to total revenue in

According to reports, chip company Fractile is in deep fundraising talks with a pre-money valuation of $6.5 billion, targeting to raise approximately $600 million in this round. Fractile has already signed an initial agreement with Anthropic to supply chips valued at around $250 million, with both p