AI Industry Development & Policy Dynamics

According to Fortune, Nvidia CEO Jensen Huang on May 18 nearly missed joining a delegation of U.S. business leaders heading to Beijing for a high-level China summit. Huang was initially not included simply because he failed to call and request an invitation from President Trump. However, Trump

According to NTT Data, on May 18, the company signed a definitive agreement to acquire WinWire, a Santa Clara-based Microsoft partner specializing in Azure AI, data engineering, and cloud-native development. The deal will add more than 1,000 Azure engineers and AI specialists to NTT Data's Microsoft

According to CoinDesk, Elliptic, a blockchain analysis company, has secured $120 million in funding from Nasdaq and Deutsche Bank to build an AI-powered compliance system. The investment comes as CEO Simone Maini highlighted an emerging risk in crypto security: AI-driven financial activity is

According to South China Morning Post, Alibaba and Tencent are investing billions of dollars to develop AI agents as the next generation of online gateways in China. The companies are competing to replace traditional click-and-scroll interfaces with conversational AI that can understand user

According to ARK's official announcement on May 16, ARK has entered a strategic partnership with Tencent to integrate decentralized AI infrastructure with enterprise-grade cloud computing capabilities. The collaboration aims to combine Tencent's cloud services and AI processing expertise with ARK's

According to Foresight News, Sygnum has completed a pilot program for AI agent-driven digital asset trading where agents execute real-time multi-step transactions on blockchain mainnets based on plain-text customer instructions. The agents independently plan and prepare each transaction step,

According to Jin10, on May 18 at the Tsinghua PBC Global Finance Forum, Zhou Xiaochuan, former Deputy Governor of the People's Bank of China and former IMF Deputy Director, called for the development of appropriate policies to guide AI adoption. Addressing both productivity gains and potential

According to Hana Securities and Citrini Research, Nvidia is expected to become the largest user of low-power DRAM (LPDDR) in 2027, driven by surging AI server demand. Nvidia's LPDDR capacity is estimated to rise from 3.144 billion GB in 2026 to 6.041 billion GB in 2027, exceeding Apple and

Figure AI’s three F.03 humanoid robots have been streaming 24/7 package sorting on X and YouTube since 5/13, and have now been running continuously for more than 100 hours. They are currently in “Day 5” and still live. According to a report by Interesting Engineering, the three robots rotate on a relay schedule, completing 101,391 packages sorted within the first 81 hours. The entire process is driven by Figure’s proprietary Helix-02 visual language action (VLA) model, with no human intervention

Gate News: According to Gate’s official announcement, Gate has announced the completion of a new major upgrade to its prediction market. This upgrade has been integrated into the Gate App v8.19, with systematic optimizations centered on the interface experience, market analysis capabilities, the ranking system, and sports trading scenarios. The new ranking system is built around “smart money” to construct a user identification framework. It covers multi-dimensional indicators such as profit and

NousResearch released Hermes Agent v0.14.0 on May 16, codenamed “The Foundation Release”. The three core updates are the addition of hermes proxy instructions, which can convert web-based authorizations for Claude Pro, ChatGPT Pro, and other services into standard OpenAI-format local API endpoint calls. hermes proxy: confirmed feature specifications According to NousResearch’s official announcement confirming： Function definition: Convert web-based OAuth authentication for Claude Pro, ChatGPT Pr

OpenAI launched a ChatGPT personal finance feature on May 16, connecting users’ real bank accounts via financial data infrastructure provider Plaid. It rolled out in the US in a preview form for Pro subscribers paying $200 per month, supporting both the web version and iOS. Once connected, ChatGPT gains read-only access to balances, transactions, investments, and liabilities from more than 12,000 financial institutions. Feature Specifications: Confirmed Technical Details Confirmed by OpenAI’s of

According to reports, on May 18, Anthropic agreed to brief members of the Financial Stability Board (FSB) on its AI model Mythos and the cybersecurity vulnerabilities it has identified in global financial system defenses. The FSB is currently drafting a report on best practices for AI applications i

Sheji Ho, co-founder of aCommerce, argues that Southeast Asia's traditionally service-oriented business culture—long viewed as a weakness for SaaS adoption—may become the region's competitive advantage in the AI era. Ho's analysis, published in Tech in Asia, traces how operational constraints and

According to Beating, Citadel CEO Ken Griffin confirmed at the 2026 Stanford Leadership Forum that the hedge fund's internal AI agents have dramatically accelerated advanced financial research. Work that previously required financial PhD holders weeks or months to complete is now being completed

According to Beating, Tencent launched Ardot, a self-developed AI design agent platform, today. The platform converts AI-generated designs into structured data and connects external IDEs directly via MCP (Model Context Protocol). Ardot supports generating or modifying vector interfaces through

According to Citrini Research, the research firm decided in early 2023 to focus investments specifically on AI infrastructure and hardware rather than application layers, citing fundamental uncertainty about how the AI market will evolve over the next decade. The firm stated that while it cannot

According to Beating, xAI is cutting its SuperGrok Heavy subscription price from $300 to $99 monthly for the next 6 months for both new and existing users. The Heavy tier provides access to Grok Build, xAI's command-line programming tool that launched in public beta last week. The tool supports