AI Industry Development & Policy Dynamics

According to CITIC Securities on October 3, AI drug discovery (AIDD) companies remain in early development stages, though the sector is expected to enter an accelerated growth phase. The sector comprises three business models:

According to Guru Club, Huawei announced on October 3 that its Ascend series AI chips captured 50% market share in China, surpassing Nvidia's 8%. This marks a dramatic reversal from 2022, when Nvidia dominated with 95% share while Ascend held only 3%. Huawei's rotating chairman Xu Zhijun

According to OpenAI's official statement released on May 25, 2024, News Corp and OpenAI have announced a multi-year global partnership granting OpenAI access to current and archived content from major News Corp publications, including The Wall Street Journal, Barron's, MarketWatch, Investor's

According to VanEck digital assets research head Matthew Sigel on October 3, bitcoin mining companies' long-term power contracts are gaining new valuation due to rising demand from AI data centers. Mining firms with 10-20 year power agreements now possess "optionality" value beyond pure BTC

According to agent-wow's developer, GPT-6 Astra cleared the World of Warcraft Orc starting zone in 40 minutes with zero deaths earlier this month, navigating without viewing rendered frames by parsing network server traffic and extracting quest data from AzerothCore SQL files. The model started as a

According to Illia, NEAR co-founder, developer numbers in the NEAR ecosystem have significantly increased over the past few weeks. With development barriers lowering, the core challenge is shifting from 'how to develop' to 'what to develop and how to achieve distribution,' Illia stated on X. Illia

According to World, on October 3, the company outlined how World ID can verify whether AI agents like Meta's Muse and OpenAI's dots operate with genuine human authorization. The system uses zero-knowledge proofs to confirm Proof of Human while preserving privacy, ensuring agents remain unique,

According to founder Paul Copplestone, Supabase announced on October 3 that it is raising US$150 million in a funding round led by GIC and acquiring database startup Turso. CapitalG, IronArc Ventures, and Square Peg are participating in the financing. Turso co-founder Glauber Costa will become Supab

President Donald Trump is expected to appoint Jay Clayton, US director of national intelligence, as the new AI czar, CNN and other media reported Friday, citing unidentified sources. The appointment aims to manage the fast-growing AI sector without adding regulations that could slow innovation,

According to CNN and CBS News on Friday, President Donald Trump is expected to appoint Jay Clayton, the U.S. director of national intelligence, as the new AI czar, citing unidentified sources. Clayton previously led the Securities and Exchange Commission during Trump's first term and is currently di

Tesla Inc. delivered 486,532 vehicles in the third quarter, exceeding the analyst consensus of 461,974, while tech strategist Dan Ives projected 2027 as a potential 'golden year' for the electric-vehicle maker's autonomous-driving and robotics ambitions during a CNBC interview. Tesla shares closed n

According to PANews, NEAR Protocol co-founder Illia announced project ideas for developers on Oct 3 via X platform. The projects span AI verification, cross-chain payments, and privacy transactions, including a verifiable AI Tamagotchi, a Universal Checkout supporting any wallet and chain, an AI

According to Choi Chang-kyu, head of ETF consulting at Mirae Asset, AI capital expenditure is projected to reach $1.2 trillion next year, with the capex figures being revised upward as forecasts are updated. He noted that expanding data center construction will drive increased demand for both HBM (h

According to Yonhap News, South Korea's five major commercial banks were targeted by what appears to be an AI-driven cyberattack recently, marking the first simultaneous breach of all five institutions in the country's banking sector. Three banks disclosed customer data losses: BNK Busan Bank had pe

According to Benzinga, recently Bill Ackman expressed concerns that artificial intelligence has significantly increased the risk of corporate disruption, fundamentally changing how he evaluates investment targets. The Pershing Square CEO, who holds stakes in Microsoft, Meta, and Amazon, stated that

Public opposition to AI data centers is spreading from the U.S. to Europe and Asia, impacting approximately $42 billion in European investments and $77 billion in U.S. investments through delays and cancellations, according to research from STL Partners. The backlash centers on concerns over power c

Apple Inc. (AAPL) announced Friday it will introduce additional safeguards around its Full Disk Access feature on Mac computers, requiring more explicit user action before an app can obtain broad access to files, messages, mail and other data. The company tied the changes to increasingly capable

Apple announced on Friday that it will introduce additional safeguards around its Full Disk Access feature on macOS, requiring users to take more explicit action before granting applications broad access to files, messages, mail and browsing history. The move comes as AI agents become increasingly c

Herald Economy conducted a mock Bitcoin trading experiment using a simulated fruit fly brain based on a complete neural map published in 2024. The virtual brain, containing 139,255 neurons and 54.5 million connections, was programmed to make buy and sell decisions every 15 minutes based on price