AI Industry Development & Policy Dynamics

According to BlockBeats, on June 1, Michael Burry, the investor who famously shorted the U.S. housing market, questioned the valuations of SpaceX and Anthropic, saying neither company justifies valuations exceeding $1 trillion USD. Burry stated in a Substack post that SpaceX's IPO prospectus

According to BlockBeats, on June 1 at Taipei GTC, Nvidia selected Chinese robotics company Unitree Robotics as its first humanoid robot AI platform partner for universities and research institutions. The platform integrates Unitree's H2 humanoid robot with Nvidia's Jetson Thor compute platform,

According to BlockBeats, Mecka AI, a startup developing training data for robot AI systems, completed $60 million in total funding on June 1. The round includes $25 million from Series A in November 2025 and a $35 million follow-on, both led by Framework

According to BlockBeats, on June 1, Beijing's first space computing industry innovation center was officially established in Haidian district. The center was approved by the Beijing Economic and Information Technology Commission and jointly established by Beijing University of Posts and

According to CNBC, research firm AI-Driven Enterprise Institute (AIDE) released a report on June 1 ranking S&P 500 companies on their AI application maturity. Nvidia, Meta, Amazon, and energy company Schlumberger (SLB) achieved perfect scores of 100, ranking as the highest performers. The

The S&P 500 rose 5.2% in May, closing with record highs and a ninth-straight weekly gain as of Friday. The Nasdaq Composite gained 8.4% during the month. The rally was driven by information technology stocks, which surged 16% for the year, led by companies repositioning themselves for AI data

According to Jin10, on June 1, Anthropic will provide European Union cybersecurity authorities access to its Mythos AI model, a powerful tool capable of identifying and exploiting vulnerabilities in computer systems. The EU agency will join the Glass Wings project, which allows critical

On June 1, NVIDIA CEO Jensen Huang announced a collaboration with Unitree Robotics to launch the H2+ humanoid robot reference design, also known as the Isaac GR00T system, aimed at accelerating innovation in the global humanoid robotics industry. The partnership combines Unitree's 1.8-meter-tall H2

According to ChainCatcher, AI service platform B.AI has integrated Alibaba-backed MiniMax's M3 multimodal large language model, now available via API and Web interface as of June 1. The M3 model features native support for multimodal understanding, code generation, and parsing, with a 1M token

Analyst shines a light on AI altcoins. Trader rotates NEAR capital into FET. The price of FET is already rising steadily. The crypto community has had an interesting past month, where certain altcoin assets went on to reclaim higher price ranges, igniting bullish expectations for the

Intel says it will launch a new artificial-intelligence data-center chip this year to challenge Nvidia and AMD, betting that cheaper memory and lower power draw can win over operators building out compute capacity. Key Takeaways: Intel plans to ship its Crescent Island AI GPU in 2026,

NVIDIA CEO Jensen Huang unveiled the company's first PC super chip and a new CPU designed for AI agents during a keynote at COMPUTEX 2026 on June 1. The RTX Spark chip, developed with MediaTek using 3nm process technology, integrates a Blackwell RTX GPU with a 20-core Grace CPU to deliver 1

On June 1, Nvidia CEO Jensen Huang announced the company's formal entry into the personal computer market at Computex 2026 in Taipei. The company unveiled RTX Spark, a superchip for Windows laptops and small workstations built on Arm architecture using TSMC's 3-nanometer process. The chip

The U.S. Securities and Exchange Commission has sued a Texas entrepreneur it says raised $12.3 million from about 150 investors by promising profits from artificial-intelligence trading bots that did not exist. Key Takeaways: The SEC says Nathan Fuller raised $12.3 million from roughly 150 in

The Digital Quant 2026 Global Digital Asset Quantitative Trading Competition concluded in Hong Kong after more than 60 days of continuous live trading, having launched on March 30, 2026. Organized by Barron's China and DeAI Expo, the event marked the first competition in the Asia-Pacific region to i

According to Guru Club, LobsterAI announced on June 1 the launch of image and video generation capabilities. The product, developed by NetEase Youdao, integrated support for four models: Seedream, Seedance, HappyHorse, and

Digital Quant 2026, organized by Barron's China and DeAI Expo, concluded on June 1, 2026, after 60 days of live trading in Hong Kong. The competition marked the first in the Asia-Pacific region to integrate autonomous AI agents into real-money trading environments. SuperWeb3.org Team secured first p

According to Sam Altman's post on X, OpenAI Robotics is officially launching with plans to hire full-stack hardware, operations, systems, and machine learning engineers. The short-term goal is to build robots that assist technical workers in infrastructure development, while the long-term vision is

According to BlockBeats, Cango Inc. (NYSE: CANG) reported total revenue of $102 million in Q1 2026 on June 1, with bitcoin mining contributing $98.4 million and 1,266 BTC mined during the quarter. The company significantly deleveraged, cutting long-term debt from $557.6 million at year-end 2025 to $