AI Industry Development & Policy Dynamics

According to Yonhap News, South Korean President Lee Jae-myung began an 11-day diplomatic tour on July 24, visiting San Francisco, Brazil, Chile, Argentina, and Germany to advance AI and critical mineral supply chains. In San Francisco, Lee is scheduled to meet with leaders of major tech

Hyundai Motor stocks fell 6.60% to 403,500 won as of 9:48 AM on the 24th, according to Korea Exchange data. NH Investment & Securities downgraded the company's target price from 860,000 won to 760,000 won, citing uncertainty over the mass production timeline

Three cities in South Korea's Gyeonggi Province—Yongin, Hwaseong, and Pyeongtaek—are forming a semiconductor-driven industrial hub targeting a combined population of over 4 million by 2040, according to urban master plans setting goals of 1.52 million, 1.54 million, and 1.05 million residents

According to Seoul Economic, on July 23, SK Telecom announced the establishment of SK Hyper, a dedicated subsidiary focused on AI data center development, with 750 billion won in investment planned through 2030. The company aims to construct a 5GW-scale AI data center in the Yeongnam region,

According to PANews, on July 24, Black Forest Labs launched Flux 3, a machine learning model designed for robotics that learns from images, videos, and audio to predict subsequent actions. The German AI research lab is expanding from photorealistic image generation into the physical AI domain. Black

The Magnificent 7 tech stocks lost 11% of their market capitalization from their May peak, with $2 trillion evaporating, according to Bloomberg. On July 23, the M7 index dropped 4.8% in a single trading session, erasing $797

According to sources, Stripe is in talks to acquire OpenRouter, an AI model aggregation platform. The deal could be announced soon, though negotiations could fall through or face competing bidders. The company's valuation in the transaction is estimated at around $10 billion, though exact terms

According to his interview with Berggruen Institute on July 21, Andrew Ng, founder of Google Brain, stated that China has recently become more open in AI innovation than the United States. While the U.S. maintained a clear lead when ChatGPT launched in late 2022, China has rapidly closed the gap

According to Odaily, AMD unveiled a new AI chip at a product event, claiming it will outperform Nvidia's offerings and targeting a $2 trillion market. The company also released new microprocessors, upgraded AI accelerators, and server

According to Money Today, South Korea's KOSPI index declined 2.82% to 6,896.92 on July 24 morning, while the KOSDAQ fell 2.65% to 769.32. The declines were driven by fresh Middle East geopolitical tensions—including reported Houthi attacks on Saudi tankers

According to Security Times, Alibaba Cloud announced on July 23 that its Zhenwu M890 supernode supports Qwen3.8 and is now live on its Bailian platform for model inference services. The deployment makes it the first supernode in China to run a large model with more than 2 trillion parameters. The M8

According to TickerTrends tracking data, Anthropic's annual recurring revenue (ARR) reached $74.1 billion as of July, surpassing OpenAI's $41.3 billion by approximately $32.8 billion. Since the last reporting period, Anthropic grew 57.7 percent while OpenAI expanded 65.2 percent, with the latter

Amazon informed third-party sellers Wednesday that they must label product images or videos containing AI-generated people, following a New York law that took effect last month. The legislation, described by Governor Kathy Hochul as 'first-in-the-nation,' requires companies to disclose when

According to CNBC, Amazon informed third-party sellers on Wednesday of a new policy requiring them to label any product images or videos containing "AI-generated people" with specific metadata keywords before upload. The move follows New York's law, which took effect last month, mandating

According to Beating, OpenAI has officially integrated ChatGPT Voice into its desktop app today (July 24), allowing users to control their computers and coordinate multiple agents with voice commands. The new feature is powered by GPT-Live, which maintains ongoing conversation while managing

Korbit, a South Korean cryptocurrency exchange, launched Korbit CLI on the 24th, a PC-based trading tool enabling users to execute crypto transactions through conversations with AI agents. Users can issue natural language commands such as 'Show me Bitcoin price' or 'Buy Ethereum' to AI agents like C

According to Maeil Business Daily, on July 24, Eon, a leading EPC (engineering, procurement, and construction) and SI (systems integration) provider for AI data center infrastructure, signed an agreement with Shinhan Investment & Securities to serve as its lead underwriter for a KOSDAQ listing.

According to Yonhap Infomax, South Korean exchange Korbit launched 'Korbit CLI' on July 24, a PC-based trading tool that enables users to execute crypto transactions through conversational AI agents like ChatGPT and Claude. Users can request trades in natural language—such as 'show Bitcoin price' or

According to a White House official on July 23, Moonshot AI accessed Nvidia's restricted GB300 chips through remote servers in Thailand, circumventing U.S. export controls. The official also alleged that the China-based AI startup used Anthropic's Fable to help develop Kimi K3, which features 2.8 tr

South Korean stocks fell sharply on the morning of the 24th, with the KOSPI dropping 159.20 points (2.24%) to 6,937.69 as of 9:08 AM, sliding below the 7,000 level. The decline followed a US tech sell-off