AI Industry Development & Policy Dynamics

IBM CEO Arvind Krishna stated on Thursday that only 2% of the company's software could be replaced by AI applications, following disappointing second-quarter results. Krishna made the remarks to CNBC's 'Squawk on the Street' as IBM shares have declined 30% this year amid Wall Street concerns that AI

According to CNBC interview on Thursday, IBM CEO Arvind Krishna claimed that only 2% of the company's software could be replaced by artificial intelligence applications, as he sought to reassure investors following disappointing second-quarter results. Krishna told CNBC's "Squawk on the Street" that

According to Jin10, citing U.S. media reports from yesterday (July 22), Nvidia founder and CEO Jensen Huang stated in an interview that Chinese open-source AI models are excellent and the U.S. should not fear them. Huang defended Chinese large language models, arguing that high-quality open-source m

Cerebras stocks gained approximately 4% on Thursday following the company's partnership announcement with Advanced Micro Devices at AMD's AI conference in San Francisco. The collaboration will integrate Cerebras' wafer-scale chips into AMD's Helios AI systems installed in Cerebras data centers

According to CNBC, Cerebras shares gained about 4% on Thursday after the chipmaker forged a partnership with Advanced Micro Devices to work together on artificial intelligence systems. Under the agreement, Cerebras chips will be integrated into AMD's Helios AI systems, which will be deployed in Cere

AMD's second-generation Helios AI server has entered full mass production and is expected to begin shipping by the end of the third quarter, CEO Su Zifeng announced on July 23. OpenAI will deploy Helios racks at scale by year-end and accelerate adoption in 2027, according to Sachin Katti, OpenAI's

According to Nikkei Asia Review, the implicit debt of five major U.S. technology companies—Alphabet, Microsoft, Amazon, Meta, and Oracle—reached $1.65 trillion in the latest quarter as of July 21, driven by non-transparent AI financing activities. The combined implicit debt of these firms has

According to CNBC on Thursday, Google Cloud CEO Thomas Kurian stated that existing customers' actual spending typically exceeds their initial commitments by approximately 50%. The strong demand drove Google Cloud's Q2 revenue to grow 82% year-over-year, becoming Alphabet's strongest-performing

According to AMD CEO Su Jing Fei, Venice processors have fully ramped into production with strong customer demand. Systems based on Venice will launch in the fourth quarter.

According to J.P. Morgan Asset Management's newly released Guide to ETFs in July 2026, AI-themed ETFs ranked as a top five theme by assets under management, despite experiencing volatility during the second quarter. Jon Maier, the firm's chief ETF strategist, noted that many investment themes are in

AMD expects the artificial intelligence accelerator market to reach $1.4 trillion by 2030, according to market reports. The forecast reflects AMD's assessment of AI infrastructure growth driven by increasing demand for data center

Empery Digital invested $20 million in Cardinal Data Power, acquiring approximately 8% stake in the private developer of powered data center campuses. The investment was part of Cardinal Data Power's approximately $70 million Series A financing and will support development of a 750-megawatt data cen

Empery Digital invested $20 million this month in Cardinal Data Power, acquiring approximately 8% stake in the private AI data center developer. The investment was part of Cardinal's roughly $70 million Series A financing round and will support development of a 750-megawatt data center campus in

According to BlockBeats, AMD CEO Su Zifeng forecasted on July 24 that the artificial intelligence accelerator market will reach $1.4 trillion by 2030.

Google Cloud CEO Thomas Kurian said during a Thursday CNBC interview that existing customers are spending 50% more than their committed amounts. Kurian stated that Google plans to rent capacity from external service providers for the next few quarters to meet surging demand for its cloud services.

According to PANews, AI programming company Cognition AI acquired The Interaction Company of California on July 24. The acquisition grants Cognition ownership of Poke, an AI agent running natively on Apple Messages that has processed over 100 million messages in the past three months. Poke is

According to The Information, Anthropic is considering requiring employees to sell stock through preset trading plans following an IPO to comply with insider trading regulations. The arrangement would use Rule 10b5-1 plans, which allow investors to set predetermined sale schedules in advance. Such p

Truist Securities upgraded CoreWeave to Buy from Hold on Wednesday while lowering its price target to $126 from $131. Analyst Arvind Ramnani said the stock's risk-reward had become attractive after a roughly 35% three-month decline, with the stock at $81.83 at 11:20 a.m. ET Thursday. The upgrade

According to U.S. media, Nvidia CEO Jensen Huang backed Chinese open-source AI models on July 24, stating that DeepSeek and Kimi are excellent and should be widely adopted. Huang said the market had previously misunderstood the impact of these models and that outstanding open-source AI models should

According to its 2025–2026 Advancing Blockchain Research with Real-World Impact report released today, Ripple's University Blockchain Research Initiative (UBRI) has expanded to more than 60 leading universities worldwide. The report highlights three key research frontiers: AI-powered financial