AI Industry Development & Policy Dynamics

According to The New York Times, major AI companies including OpenAI and Alphabet are conducting large-scale recruitment of electricians, plumbers, and other skilled tradespeople across the U.S. to support data center construction and operations, creating a shortage of technical workers in some

Anthropic released MCP 2026-07-28, the fifth specification of its Model Context Protocol, representing the most substantial revision since the standard's introduction. The update rearchitects MCP around a stateless core, eliminating persistent session requirements to enable deployment on

Anthropic released MCP 2026-07-28, the largest update to its Model Context Protocol, on July 28. The protocol's monthly SDK downloads have surpassed 400 million, marking a fourfold increase this year. The update fundamentally rearchitects MCP around a stateless core, replacing the previous

According to ChainCatcher, AEON, an AI Agent economic settlement protocol, has expanded to Bangladesh and integrated with two major mobile payment wallets, bKash and Nagad. Local consumers can now use mainstream cryptocurrencies and Web3 wallets for offline retail and online purchases, with AEON's n

According to Maeil Business Newspaper, Korea's exchange-traded fund assets exceeded 500 trillion won as of late June. Bae Jae-gyou, CEO of Korea Investment Management, credited with pioneering the country's ETF market two decades ago, emphasized that artificial intelligence will reshape the

At 12:00 a.m. on July 30 (Beijing time), the Fed will release its July FOMC meeting decision. This will be the second FOMC meeting since Fed Chair Kevin Wosch took office, and it may well be the most difficult to predict in recent years. The CME FedWatch tool shows that, as of July 29, the probability that the market is pricing in the Fed keeping the policy rate unchanged in the 3.50% to 3.75% range is 70.6%, and the probability of a 25-basis-point rate hike is 29.4%. This probability structure

According to Morgan Stanley, on July 27, the firm quantified generative AI investment returns for the first time, constructing three valuation frameworks. Self-operated infrastructure model API business achieved return on invested capital (ROIC) of 46%, hyperscaler GPU rental services

LG Uplus decided to invest an additional 1.3 trillion won in its Paju artificial intelligence (AI) data center. The investment supports phase 2 construction of the 200-megawatt (MW) AI data center currently under development. Computing Building 1, scheduled for completion in June next year, is

According to Yonhapnews, LG U+ announced on July 29 an additional 1.3 trillion Korean won investment for the second phase of its Paju artificial intelligence data center. The existing 200-megawatt facility is currently under construction, with the first building scheduled for completion in

Iole, a company listed on the Tokyo Stock Exchange (TSE) Growth Market, announced on the 29th that it has begun purchasing HYPE, the native token of decentralized exchange Hyperliquid. The company changed its fundraising purpose from 'BTC purchase' to 'virtual asset (digital asset) purchase' on the

According to Jin10, Moonshot AI (also known as Moon Dark Side) has recently completed a funding round, raising $3.5 billion at a valuation of $35 billion, exceeding initial expectations.

According to Yonhapnews, South Korea's Chungcheongnam-do province completed its first organizational restructuring of the current administration on July 29, with related ordinances approved by the provincial council and set to take effect on August 10. The reform establishes two AI-focused

According to Guru Club, prominent Chinese private equity manager Ge Weidong signaled strong optimism on artificial intelligence development today (July 29), saying in a WeChat post that he believes the AI era is far from over. "This is the pursuit closest to God's path. Who would stop?" Ge stated, a

MARA CEO Fred Thiel stated in a July 23 interview with Natalie Brunell that electricity used for artificial intelligence infrastructure generates substantially better returns than the same power devoted to Bitcoin mining. Thiel explained the gap reflects tougher mining economics driven by Bitcoin's

According to Beating, OpenAI released GPT Transcribe and GPT Live Transcribe today—two speech-to-text models for batch transcription and real-time scenarios such as live captions and phone calls, respectively. According to Artificial Analysis, GPT Transcribe achieved a word error rate of 3.31%,

According to Marathon Digital CEO Fred Thiel, the company agreed to acquire a Texas facility in July that can support approximately 2GW of computing power for digital infrastructure. Thiel stated that electricity allocated to AI infrastructure generates higher returns than Bitcoin mining at

Alphabet, Microsoft, and Amazon spent $450 billion on AI infrastructure last year, The Economist reported on May 28 local time. Projected spending reaches $900 billion this year and $1.4 trillion by 2027, with Big Tech borrowing over $400 billion this year to fund the buildout. The investment

According to The Economist on July 28, major U.S. tech companies including Alphabet, Microsoft, and Amazon are set to spend $900 billion on AI infrastructure this year, following $450 billion invested in 2025 and facing $1.4 trillion in planned expenditures for 2027. However, global AI service