AI Industry Development & Policy Dynamics

According to Fujitsu, the company and IBM Japan announced on June 17 an expansion of their collaboration to modernize enterprise legacy systems in Japan. The partnership combines Fujitsu PROGRESSION—an automated suite for migrating legacy applications—with IBM Bob, an AI development tool for

Pepperstone Group CEO Tamas Szabo stated that artificial intelligence will move toward a model where machines create work first and humans refine it afterward, a shift he believes could transform productivity across industries including financial services. The comments came as Pepperstone

According to former People's Bank of China Governor Zhou Xiaochuan, speaking at the 2026 Lujiazui Forum on June 17, current multilateral financial institutions lack adequate global governance frameworks to address

According to AFP, the U.S. military has used Grok artificial intelligence, owned by Elon Musk's company, in operations against Iran, according to a legal report from the U.S. government.

According to Anthropic's latest research based on 400,000 conversations, non-programmers using Claude Code achieved success rates within 7% of professional software engineers, with domain knowledge becoming more critical than coding skills. The study shows users drive approximately 70% of planning d

According to Reuters, the US has delayed adding DeepSeek, ChangXin Memory Technologies (CXMT), and over 100 other Chinese firms to the Commerce Department's Entity List since October 2025, as the Trump administration seeks to avoid raising tensions with Beijing. Sources identified the targeted

According to Gloun Hui, on June 17, the founder of Guru Club called for an all-in approach to AI at the Technology Bull 2026 Private Forum. Hui stated that AI is creating wealth at an unprecedented pace in human history. He cited Warren Buffett's analogy: when money rains from the sky, use a basin r

According to Hikvision on June 17, the company will raise hard drive prices starting July 1 due to surging Q3 storage product costs amid growing global AI computing and data storage demand. The company said it will continue monitoring market changes to ensure stable product supply and protect

According to Foresight News, xAI announced the launch of Grok Imagine Video 1.5 on June 17, an image-to-video model featuring improved realism, better physics simulation, and faster generation speeds. The company also introduced a faster version for consumers, with higher quality and shortened

Chiefs of the world's leading AI companies are attending the G7 conference in Evian, France on Wednesday for a lunch meeting with world leaders. CEOs including OpenAI's Sam Altman, Anthropic's Dario Amodei, and Google DeepMind's Demis Hassabis, alongside around a dozen other tech leaders, will

According to CNBC and Élysée Palace statements, CEOs from OpenAI, Anthropic, Google DeepMind, and other major AI companies will participate in a lunch meeting at the G7 summit in Evian on Wednesday. The participants include OpenAI's Sam Altman, Anthropic's Dario Amodei, Google DeepMind's Demis

According to market sources, Foxconn has partnered with French AI company Bull to build Nvidia's Vera Rubin NVL72 platform infrastructure across Europe on June 17.

According to Reuters, OpenAI burned US$3.7 billion in the first quarter of 2026 while generating US$5.7 billion in revenue, based on documents shared with shareholders. Earlier in June, the artificial intelligence company confidentially filed for a US initial public offering, with listing

According to official channels, Huobi's Expert Talk series episode 3 on AI Agent economy will premiere today at 7 PM. Harvard-independent researcher Han Feng will discuss the convergence of AI and crypto, with his talk titled "From H2A to A2A" examining new opportunities in agent economy as AI and b

According to BlockBeats, on June 17, X-Agent and seven ecosystem partners—Interlace, Cobo, BlockSec, Stable, Conflux, Bitget Wallet, and Hetu—jointly released a white paper titled "Value Transfer Layer for AI Economy: From Concept to Implementation." The white paper will address AI agent payment pe

According to Databricks, the company on June 16 unveiled four new AI products and agreed to acquire Panther, a cloud-native security platform. The new products include Genie One for business task automation, Lakehouse//RT for real-time data analysis, Lakehouse Transactional and Analytical

According to Bloomberg, Kuaishou's Kling AI video generation unit is in early talks with General Atlantic to raise over $2 billion, valuing the business at approximately $18 billion post-investment. The funding round could precede a potential initial public offering. Kling earlier targeted a $20 bil

According to Beating, WeChat Pay officially launched AI AgentPay Card, a payment solution designed for AI agent scenarios, on June 5. WorkBuddy, Tencent's desktop office assistant, integrated the card on Mac version 5.1.1 and above, enabling users to complete purchases from Meituan's lifestyle

According to the Ministry of Science and ICT, South Korea formed an AI security partnership with OpenAI on June 17, becoming the fourth country to do so under a memorandum of understanding with the country's AI Safety Institute. The agreement commits both sides to share technical information and

According to Sensor Tower's 2026 AI Industry Report, ChatGPT's global monthly active user market share fell to 46.4% by end of May, marking the first time below 50% since its 2022 launch. Google Gemini ranks second