AI Industry Development & Policy Dynamics

According to Bloomberg, the U.S. Department of Justice has launched an antitrust investigation into venture capital firm Andreessen Horowitz (a16z) over potential conflicts of interest involving partners serving as directors at competing AI companies. Co-founder Ben Horowitz holds a board seat at

According to SoSoValue data reported by Odaily, on August 18, crypto markets showed mixed performance with Bitcoin (BTC) rising 1.57% to break through $64,000 and Ethereum (ETH) gaining 0.42% above $1,900. The DeFi sector stood out with a 24-hour gain of 1.06%, led by Compound (COMP) up 8.92%,

The Financial Times exclusively reported that OpenAI disbanded its Preparedness Team at the end of July, with its responsibilities divided among and integrated into other departments. OpenAI publicly characterized the move as “streamlining processes” ahead of its IPO. In June, OpenAI confidentially filed a draft S-1 registration statement for its public offering, but it has not yet announced its ticker symbol, exchange, or exact listing date. The Preparedness Team’s Responsibilities: Assessing O

On August 17, 2026, Eastern Time, AI chip company Cerebras Systems (NASDAQ: CBRS) surged 15.07% in a single day, closing at $251.98 after touching an intraday high of $261.08. As of August 18, CBRS was trading at around $252.14 in after-hours trading. This gain marked Cerebras’ return above the key psychological threshold of $250 after the sharp volatility that followed its Q2 earnings report. What exactly drove this rally? How is the market’s pricing logic for this “NVIDIA challenger” changing?

According to Evercore ISI analyst Mark Mahaney, Meta and Amazon's second-quarter earnings released in late July demonstrate that massive AI capital investments are beginning to generate commercial returns. Meta reported Q2 revenue of $60.8 billion, up 28% year-over-year, driven by AI-powered

According to Marketwatch, Rothschild & Co Redburn upgraded Apple (AAPL-US) to Buy on Monday, August 17, raising its target price from $260 to $400 per share, implying a 30% upside from current levels. The analyst believes that if Apple reshapes its Apple Intelligence strategy and deepens

SK Telecom, LG AI Research, and Upstage passed the 2nd-stage evaluation of South Korea's Independent AI Foundation Model project, the Ministry of Science and ICT and the National IT Industry Promotion Agency announced on the 18th. The three companies advanced after assessments covering benchmark

According to South Korea's Ministry of Science and ICT, SK Telecom, LG AI Research Institute, and Upstage advanced to the next phase of the independent AI Foundation Model project today (Aug 18), based on phase-two evaluation results announced by the ministry and the Korea Information

According to GoPlus official announcement on August 18, the company upgraded DeepScan with an AI-powered smart contract security solution. The upgrade introduces three core modules: AI contract audit that identifies syntax and business logic vulnerabilities; continuous security monitoring for live c

President Lee Jae-myung delivered a tribute speech on August 18 at the 17th anniversary memorial service for former President Kim Dae-jung held at Seoul National Cemetery in Dongjak-gu. Lee stated that Kim's foresight in overcoming crises while preparing for the future served as a clear milestone fo

According to Bitget market data, Hong Kong-listed AI model stocks Zhipu and MINIMAX-W declined on August 18, with Zhipu dropping over 10% and MINIMAX-W over 8%.

Alibaba (09988-HK) released the beta version of its AI music-generation model, “HappyShrimp 1.0,” on August 17, allowing users to generate complete songs with melodies, arrangements, lyrics, and vocals—or purely instrumental works—simply by entering text prompts. Users can also provide their own lyrics, with AI completing the composition, arrangement, and vocals. HappyShrimp 1.0 Feature Details HappyShrimp 1.0 offers two main creative modes, along with multiple customizable parameters: Text Prom

According to Bloomberg, Alibaba launched HappyShrimp 1.0, an AI music generator, on August 17 in China. The beta model converts text prompts into full songs, generating melodies, arrangements, lyrics, and vocals, and supports user-submitted lyrics. Alibaba will partner with Taihe Music Group, a Chin

Jeffrey Gundlach, CEO of DoubleLine Capital known as the 'Bond King,' warned on '17일(현지시간)' that Wall Street's efforts to create artificial intelligence (AI) chips as a new investment asset class could signal a peak in risk assets, according to Business Insider. Gundlach expressed concern over

According to The Decoder, citing an in-depth investigation by 404 Media on Aug. 17, reporter Emanuel Maiberg hid an Apple AirTag in rare books awaiting shipment to track them. He discovered that workers used the destructive method of “removing the book spines” for rapid scanning. After the barcodes and text were digitized, the original books were destroyed, and the scanned text data was fed into the Nova AI training pool. Apple AirTag Tracking Route The core of the 404 Media investigation was an

According to the Wall Street Journal's analysis on Aug 17, nine major U.S. tech companies—including Meta, Alphabet, Amazon, Microsoft, Oracle, Nvidia, Broadcom, SpaceX, and AMD—hold $3 trillion in off-balance-sheet AI-related commitments. The figure comprises $1.2 trillion in uncommenced lease

According to MSX.COM, U.S. stock indices closed lower on August 18, with the Dow Jones declining 0.51%, S&P 500 down 0.52%, and Nasdaq falling 0.32%, while the VIX fear gauge rose 6.6%. AI stocks fell broadly, with AeroVironment dropping 6.06%, SoundHound AI down 5.25%, The Trade Desk declining 5.23

According to ChainCatcher, Robinhood has launched Agentic Trading now available to eligible users. Users can connect their agents via Robinhood MCP server to trade crypto alongside stocks and options within a dedicated Agentic Account using deposited funds. Agents now support trading with

According to Reuters, AI content creation startup Higgsfield raised $400 million in Series B funding on August 17, valuing the company at $5.4 billion—more than four times its valuation of $1.3 billion from six months earlier. DST Capital led the round, with participation from Goldman Sachs

According to Cointelegraph, on August 18, the U.S. CFTC sought public comment on AI compute futures contracts, with CME planning to launch two futures products on October 5, pending regulatory approval. The public comment period typically lasts 30 to 60 days. CME's products will use pricing