AI Industry Development & Policy Dynamics

According to Yann LeCun in a recent interview, large language models cannot lead to artificial general intelligence despite their value, as they lack the ability to predict action consequences and plan in abstract space—capabilities essential for true human-level reasoning. LeCun emphasized that

According to Alibaba Cloud, the company launched a new public cloud region in Johor, Malaysia on June 9, with two data centers to expand the country's cloud and AI capacity. The move is part of Alibaba Group's previously announced US$53 billion investment in AI and cloud infrastructure in 2025. The

According to Bloomberg, Paytm plans to hire approximately 4,000 employees over the next nine months through March 2027 and cut about 400 staff after appraisals. The expansion, which would increase its workforce of 40,000 by roughly 10%,

According to tech reporter Alex Heath, Anthropic will release a public version of Mythos, renamed Fable 5, tomorrow (June 10). The version will include strict safety measures and will not grant the same level of network access as the version available to Project Glasswing partners. Fable 5 is

On June 9, NTT DATA and Google Cloud announced an expanded partnership to help enterprises move AI projects from pilots into production. NTT DATA is launching a Gemini Enterprise practice with 5,000 certified experts globally and plans to develop up to 500 AI agents for cross-industry use cases

IC3 researchers warned that autonomous AI agents with access to cryptocurrency could escape human control and become unstoppable. The researchers stated that such scenarios could have far-reaching consequences for users and the financial system. No specific incidents, timelines, or technical

On June 1, GitHub Copilot switched from per-request-based billing to token-based pricing, causing heavy users' monthly bills to spike over 10 times. According to internal cost estimates shared by users, one developer's monthly bill is projected to jump from $44.68 to $754.29, with another

According to Odaily, Samsung announced an enterprise-wide AI transformation this month, integrating artificial intelligence across all group companies and creating dedicated AI organizations. The company will deploy Gemini, ChatGPT, and Claude across eight core business processes including

According to UAnalyze, South Korea's NAVER announced on June 9 a partnership with Nvidia to expand AI infrastructure using Nvidia's DSX platform to build an AI Factory. The initial deployment will reach 55 megawatts, with plans to expand to gigawatt-scale capacity, supporting South Korea's

According to Guru Club, on June 9, Alphabet announced an $85 billion stock offering, marking the latest escalation in AI-driven capital raising. Major cloud service providers including Amazon, Meta, Microsoft, and Oracle have issued $159 billion in bonds year-to-date, compared to $108 billion in 202

Applied Digital Corporation stock jumped nearly 9% in after-hours trading on Monday following the company's announcement of a 210 megawatt, 15-year lease agreement with a U.S.-based investment-grade hyperscaler at its Delta Forge 2 AI campus. The deal adds approximately $5.2 billion in base-term

Apple (AAPL), Oscar Health (OSCR) and Eli Lilly (LLY) all climbed to fresh 52-week highs on Monday, driven by distinct catalysts across technology and healthcare sectors. Apple reached an all-time high of $317.40 following its unveiling of Siri AI powered by Google Gemini technology at its

According to China's Ministry of State Security, on June 8, AI relay platforms used by Chinese developers to access overseas AI models could expose user data, enable unauthorized cross-border data transfers, and facilitate illegal data trading. The ministry warned that some operators store user data

On Monday (June 9), Apple (AAPL), Oscar Health (OSCR) and Eli Lilly (LLY) all reached 52-week highs amid developments in AI integration, business guidance and clinical trial results. At its Worldwide Developers Conference, Apple unveiled Siri AI, a revamped assistant powered in part by Google

Roundhill Investments CEO Dave Mazza stated in a recent Fox News interview that artificial intelligence demand is reshaping valuation methods for memory-chip manufacturers, as high-performance AI processors require massive amounts of memory. Micron Technology recently surpassed a $1-trillion

On June 7, State Power Investment Corp. total manager Xu Shubiao met with Heilongjiang Provincial Governor Liang Huiling in Harbin to discuss deepening energy cooperation. This year, the company has held discussions with over a dozen provinces and cities including Inner Mongolia, Qinghai, Henan,

According to SK Telecom, the South Korean telecom operator has secured Horizon Europe research funding for a three-year quantum key distribution (QKD) system project using photonic integrated circuits and AI. The company said it is the first Asian private entity to receive the program's support for

Gate News: On June 9, according to Gate market data, as of the time of publication, BALL (Powerball) is trading at $0.00028. It is up 42.15% in the past 24 hours, with a high of $0.000302 and a low of $0.00016944. The 24-hour trading volume is $2,404.69. Its current market cap is approximately $3.1782 million. BitBall is a leading sports metaverse platform that integrates GameFi and SocialFi, aiming to connect sports with Web3. The platform provides a digital space where sports stars, clubs, ins

Meta announced on June 8 that it will invest $115 million to launch a free skills training program called the “American Workforce Academy” (AWA), which will provide trained technical personnel for AI data center construction. The program will offer guaranteed employment opportunities for graduates. The program will be piloted in 2026 in Louisiana, Ohio, Indiana, and Texas. Specific Terms of the AWA Program The program confirms the following details: Cost: Free for the entire course; no costs are

According to Odaily, Coinbase's x402 protocol went live on Injective today, allowing AI agents to autonomously pay for API calls without accounts, subscriptions, or manual intervention. The protocol leverages the HTTP 402 status code to facilitate payments in a single HTTP interaction. Injective's s