AI Industry Development & Policy Dynamics

According to Meta, the company and BlackRock announced a joint venture to develop and operate a data center campus in El Paso, Texas on July 28. The project is valued at approximately $14 billion. Meta will hold a 20% stake in the partnership, while BlackRock-managed funds will hold the

According to Bloomberg, on July 27, Nvidia is expanding its artificial intelligence infrastructure investment through partnerships with SK Group and OpenAI, with total new AI-related contracts exceeding $750

According to Shanghai Stock Exchange News, OceanBase, the database platform under Ant Group, recently responded to media reports of a planned first external financing round valued at 2-3 billion yuan. The company stated it is focused on data technology and product innovation in the AI era and

According to Fox News, the U.S. Senate held a hearing today (July 29) to discuss artificial intelligence's impact on the workplace.

According to Bloomberg, Nvidia CEO Jensen Huang met with multiple U.S. lawmakers and Commerce Secretary Lütnik on Wednesday (July 29) to advocate against restrictions on open-weight AI models. Following talks with Democratic Senators Mark Warner and Adam Schiff, Huang emphasized that open-weight mod

According to Foreign Policy Journal, CoreWeave reported on 27 July 2026 a $99.4 billion contracted backlog against $50.8 billion in total liabilities and negative $4.7 billion free cash flow, with only 1 GW of 3.5 GW contracted power capacity operational. The company's stock fell 40.1%

According to OpenAI, ChatGPT's weekly active users are approaching 1 billion, marking the fastest user acquisition in internet history at under 4 years. The milestone is delayed by approximately 7 months from the company's original target of late 2025, due to increased competition from Google

The US Trump administration is considering a ban on Chinese AI models, citing intellectual property theft through a technique called 'distillation' where smaller student models mimic larger teacher models. The

According to NOWNEWS, the Trump administration has proposed banning Chinese AI models on July 29 over security and intellectual property concerns, citing risks that Chinese AI uses "distillation" techniques to copy American technology. However, scholars assess the ban will be difficult to

Bitcoin dropped to a 24-hour low of US$62,785 before recovering to approximately US$63,836 by Wednesday afternoon AEST, marking a 4.3% decline from Monday's intraday high of US$65,618 and leaving the cryptocurrency down 3.7% over seven days. The decline coincided with a second consecutive session of

OpenAI CEO Sam Altman deleted TikTok from his devices after becoming addicted to the platform, he revealed during a recent podcast appearance reported May 27 local time by Business Insider. Altman began using TikTok to better understand its recommendation algorithms while OpenAI developed Sora, an A

Nansen co-founder and CEO Alex Svanevik said AI trading agents could outnumber human traders within two years, in an interview published this week. Svanevik also claimed Nansen has processed more than $500 million in trading volume through its trading feature launched this year, though the company h

According to Business Insider, OpenAI CEO Sam Altman revealed on July 27 (local time) that he deleted TikTok after becoming addicted to the app during research for developing Sora. He initially used TikTok to better understand its recommendation algorithm, which he described as "industry-leading." H

According to Nansen co-founder and CEO Alex Svanevik, AI trading agents could outnumber human traders within two years as the onchain analytics firm expands into trade execution. Svanevik said Nansen has processed more than $500 million in trading volume through its AI-powered trading feature

According to DBS, the Singapore-based bank rolled out generative and agentic AI features to its DBS Joy and DBS digibot platforms on July 28, reaching over 10 million users in Singapore, Hong Kong, and Taiwan. In Singapore, 350,000 corporate users on DBS Joy now have access to agentic

Samsung Asset Management will list the KODEX US CPU Semiconductor TOP10 ETF on February 4. The fund concentrates on AMD, ARM, and Intel while diversifying across CPU value chain companies. The launch targets growing CPU investment demand as the AI industry shifts from chatbots to AI Agents, where CP

According to Samsung Asset Management, the firm will launch the KODEX US CPU Semiconductor TOP10 ETF on August 4, 2026. The fund concentrates in ARM Holdings (27.9%), AMD (25.5%), and Intel (25.1%), with diversified holdings across six additional CPU-related companies including Qualcomm, Marvell

According to Yonhapnews, South Korea launched the AI Data Center (AIDC) Alliance on July 29, bringing together 12 major companies including SK Telecom, Naver Cloud, Samsung SDS, and LG Electronics under a public-private partnership framework. Deputy Prime Minister Paek Kyoung-hun emphasized that Sou

Big Tech companies will release Q2 earnings reports starting (local time reference). Investor focus has shifted from AI investment scale to profitability sustainability after Alphabet's Q2 results showed Google Cloud revenue up 82% year-over-year but free cash flow at -$5.9 billion due to capital

According to monitoring by Beating, Anthropic triggered large-scale account suspensions over the weekend following a pricing exploit in Claude Max 20x. Users discovered they could access a German SEPA payment interface, enter a properly formatted IBAN, and gain immediate access to the