AI Industry Development & Policy Dynamics

President Donald Trump awarded medals to leading tech executives including Elon Musk and Michael Dell at a science summit on Thursday. The event, titled Science: A New Golden Age Summit, recognized contributions to science and technology innovation. This followed a White House lunch focused on

According to CNBC, US President Donald Trump is awarding medals to leading tech executives at the Science: A New Golden Age Summit on Thursday. Elon Musk, Google co-founder Sergey Brin, Nvidia CEO Jensen Huang and Advanced Micro Devices CEO Lisa Su will receive the National Medal of Science, while D

US stock indices closed lower on October 7 (US Eastern Time), with the Dow Jones Industrial Average falling 341.41 points (0.66%) to 51,179.87, the S&P 500 declining 17.16 points (0.22%) to 7,801.77, and the Nasdaq Composite dropping 61.20 points (0.22%) to 27,538.69. The declines were triggered

According to Ethereum Foundation researcher @drakefjustin, AI advancements could compromise crypto wallet cryptography within months, potentially posing a threat before quantum computers emerge as a risk. The researcher recently urged the crypto industry to adopt proactive security measures to

Anthropic released Claude Haiku 5.5 on Wednesday at $0.10 per million input tokens and $0.50 per million output tokens for prompts up to 100,000 tokens, down 90% from Haiku 4.5's $1 and $5 rates. The company positioned the model for high-volume tasks such as document summarization and database

Anthropic released Claude Haiku 5.5 on Wednesday, its cheapest and fastest small model. Input tokens cost $0.10 per million and output tokens $0.50 per million for prompts up to 100,000 tokens—90% lower than Haiku 4.5's $1 and $5 rates. The price matches OpenAI's GPT-6 Luna, launched on

OpenAI announced the launch of GPT-6 with an intelligent UI today (October 7). Paid users can access the model immediately, while free and Go users will gain access tomorrow (October 8). The new version is optimized for everyday

According to ChainCatcher, OpenAI announced on October 8 that GPT-6 will roll out to Plus, Pro, Business, and Enterprise users, with access expanding to free and Go users on the same date. Paid tiers will be powered by GPT-6 Sol, while free and Go users will access GPT-6 Luna. The update applies to

Advanced Micro Devices Inc. CEO Lisa Su traveled to South Korea on Wednesday to reinforce semiconductor supply chain partnerships and broaden the company's artificial intelligence hardware and software footprint in the region, according to South Korean news outlet The Chosun Daily. The outreach

According to The Chosun Daily, on Wednesday, AMD CEO Lisa Su met with SK Hynix CEO Kwak Noh-jung and Samsung Electronics Device Solutions Division chief Jun Young-hyun to discuss expanding high-bandwidth memory (HBM) and supply chain partnerships. Su also engaged with representatives from 13

S&P 500 companies are estimated to have achieved a 27% year-over-year surge in earnings per share (EPS) during Q3, according to a Goldman Sachs report released on the 7th local time. The sharp profit increase is driven by AI infrastructure boom, with operating profit estimated to have jumped

Michael Novogratz, founder and CEO of Galaxy Digital, called artificial intelligence the biggest bubble of our lifetime this week. Ray Dalio, founder of Bridgewater Associates, warned the AI bubble is close to bursting due to rising interest rates. The S&P 500 reached a record high yesterday,

Galaxy Digital founder and CEO Michael Novogratz called artificial intelligence the biggest bubble of our lifetime this week at the Greenwich Economic Forum in Connecticut. Despite this assessment, he advised investors to remain in AI stocks. Ray Dalio, founder of Bridgewater Associates, offered the

Bank of Korea developed an in-house AI system called BOKI to support its report production workflow, with approximately 70% of eligible staff using the tool as of July. The central bank cannot use external AI services like ChatGPT or Gemini due to network separation and security requirements

According to Bloomberg, on October 7, Galaxy Digital CEO Mike Novogratz called artificial intelligence the "biggest bubble of our lifetime" yet argued it remains a worthwhile investment, as the upswing has not reached its dramatic end. Speaking at the Greenwich Economic Forum in Connecticut, Novogra

According to data submitted to the National Assembly Budget Committee on October 7, the Bank of Korea's internal AI system BOKI has seen rapid adoption since its launch. Token usage—a measure of processing volume—surged to 12.78 billion in July from 158.6 million in February, an approximately

President Donald Trump plans to unveil more than $1 billion in private-sector pledges for the Genesis Mission, an artificial intelligence-driven scientific research project, at a White House AI science summit on Thursday. The announcement will include commitments from major companies including

According to Reuters, OpenAI released its first report on teen ChatGPT usage on October 7, showing teenagers use the platform less than 15 minutes daily on average, with fewer than 2 percent engaging in conversations exceeding three hours. The company highlighted that approximately half of users

According to CNBC, Jay Clayton, U.S. intelligence official and AI chief, stated that the United States is currently engaged in talks with 20 to 25 AI companies.

Google is expanding its SynthID Detector to media professionals globally, with the English-language version launching starting Wednesday. The tool enables users to detect whether images, videos, or audio files were generated by AI systems from Google or its partners. Partners include OpenAI,