AI Industry Development & Policy Dynamics

Oracle shed 21,000 jobs, almost 13% of its workforce, over the past year, reducing total headcount to 141,000 full-time employees as of May 2026 from 162,000 the previous year, according to the company's annual regulatory filing on Monday. The company attributed the workforce reduction to AI

According to CNBC, Oracle shed 21,000 jobs over the past year, representing nearly 13% of its workforce, according to the company's annual regulatory filing on Monday. The tech giant's total workforce declined to 141,000 full-time employees as of May 2026, down from 162,000 a year earlier. Oracle at

MoonPay acquired Entendre, an AI-enabled finance operations platform for digital asset companies. The acquisition expands MoonPay's infrastructure stack beyond payments, wallets, and trading into the finance operations layer that sits behind onchain transactions. The deal addresses operational

According to MoonPay, the company acquired Entendre today, an AI-powered finance operations platform that automates accounting, reconciliation, treasury management, and financial reporting for digital asset companies. The acquisition expands MoonPay's infrastructure beyond payments and trading

According to Goldman Sachs, AI capital expenditure is driving South Korea's semiconductor cycle with stronger-than-expected magnitude and duration. The bank projects full-year exports will exceed $1 trillion, with the current account surplus reaching 15% of GDP by year-end, as AI-driven surpluses ar

According to The Information, which exclusively reviewed OpenAI's confidential IPO registration draft, the company's balance sheet as of March 31, 2026, resembles a lightweight software firm with zero debt and minimal lease liabilities under $750 million. However, first-quarter capital expenditure t

Interactive Brokers has expanded its artificial intelligence ecosystem by adding ChatGPT and Grok integrations to its trading platform, allowing clients to connect their brokerage accounts directly to AI assistants for portfolio analysis, market research, and order generation. The integration

Interactive Brokers has integrated ChatGPT and Grok into its trading platform, allowing clients to connect their brokerage accounts directly to AI assistants for portfolio analysis, market research, and order generation, according to CEO Milan Galik. The expansion builds on earlier integrations

According to Jie Jie News, Tencent Work released AI agent 'DaYuan' into beta testing today (June 23). The product automatically understands user requests based on existing work data within Tencent Work—including group chats, documents, meetings, emails, and schedules—without requiring users to

Beijing Zhipu Huazhang Technology (z.AI) released its GLM-5.2 artificial intelligence model on June 16, attracting attention in the US market including from Microsoft as a potential user. The flagship code generation model demonstrates superior performance at approximately one-sixth the API cost of

According to Let's Data Science, China-based z.AI released flagship coding model GLM-5.2 on June 16, demonstrating competitive performance against OpenAI's GPT-5.5 while charging significantly lower API fees. GLM-5.2 achieved 62.1% on SWE-bench Pro benchmark tests, surpassing GPT-5.5's 58.6%,

Bittensor co-founder Jacob Steeves acknowledged that the protocol is not yet fully decentralized, saying the network still relies on core-team control in key areas while outlining a roadmap to complete decentralization within the next 18 months. Steeves, known in the crypto community as Const,

Bittensor co-founder Jacob Steeves acknowledged recently that the protocol is not yet fully decentralized, with the network still relying on core-team control in key areas, while outlining an 18-month roadmap to achieve complete decentralization. Steeves said the current structure was a strategic de

According to ChainCatcher, citing Bluewhale Technology, Bytedance and ZTE's new-generation Douyin AI smartphone faces a delayed launch due to regulatory approval requirements. Originally expected in the second quarter, the device will now arrive in July or August 2026 at the earliest, pending

Google DeepMind announced a research partnership with independent entertainment company A24 on June 22, 2026, backed by a $75 million investment. The collaboration aims to develop AI tools for filmmakers, allowing creators to provide input during the technology development process. The partnership r

Google DeepMind announced on June 23 a research partnership with independent entertainment company A24, backed by a $75 million investment. The collaboration aims to develop AI tools that support filmmakers and integrate emerging technologies into the creative production process. The partnership wi

According to RWA.xyz data, the XRP Ledger attracted $1.3 billion in net real-world asset (RWA) inflows over the past 60 days, surpassing Stellar's $770 million, while Ethereum recorded net outflows during the same period. Along with RWA growth, the network is building infrastructure for agentic tra

According to Bitget data, on June 23, the Hang Seng Tech Index fell 3.3% at close, with AI-related stocks declining sharply. MINIMAX dropped approximately 16%, while Zhipu and Lanqi Technology fell roughly 10% and 12% respectively. The Hang Seng Index declined 1.82% on the

Nvidia on Monday, June 22, launched Halos for Robotics, an industry-first full-stack physical AI safety system for robots, at the Automate 2026 conference in Chicago. The platform spans chips, operating systems, algorithms, and third-party certifications. Agility Robotics became the first partner to

According to official statement, MY Group announced a $6 million strategic investment in ANTON, an AI finance project, positioning itself as a strategic investor. The investment will support ANTON's development in AI finance strategy libraries, BAS intelligent agent clusters, AT ecosystem