AI Industry Development & Policy Dynamics

According to J. Ayo Akinyele, RippleX's head of engineering, the XRP Ledger crossed 1 million agentic transactions on July 21. The milestone reflects growing adoption of AI agents capable of autonomously initiating blockchain transactions and paying for digital services without manual approval. Rip

According to Guru Club, Databricks signed a term sheet for a $3 billion funding round on July 16, with the company's valuation reaching $188 billion. The round is led by existing investor Coatue Management. CEO Ali Ghodsi told CNBC the funding is driven by critical GPU shortages. "Our GPUs are

According to Bitcoin Magazine, Block founder Jack Dorsey announced the launch of Buzz on July 22, an open-source decentralized messaging application built on the Nostr protocol. Buzz is designed to rival team collaboration platforms like Slack, supporting chat, project management, and AI agent

According to its official announcement, Desai Real Estate (00199) has entered into a memorandum of cooperation with the Yangkou Port Economic Development Zone in Jiangsu Province to develop a green AI computing infrastructure facility. The project is planned with a total IT load capacity of 1GW, wit

According to UBS emerging markets and Asia equity strategy head Sunil Tirumalai, on July 22, Chinese AI models are attracting overseas users by offering significantly lower costs than comparable U.S. alternatives. In some cases, the cost of using Chinese AI models is just 15%-20% of equivalent U.S.

According to market data, PC DRAM prices surged over 400% in one year as major memory chipmakers shifted production capacity from consumer DRAM to high-bandwidth memory (HBM) for AI data centers. Mainstream PC memory modules that cost approximately $75 one year ago now reach as high as $460 for

According to Bloomberg, on July 21, OpenAI announced that Codex and ChatGPT Work reached 10 million users, nearly doubling the figure from earlier this month. ChatGPT Work, launched on July 9 as a product for teams, has driven the surge as OpenAI competes with Anthropic's Claude Cowork

Bae Jae-kyu, CEO of Korea Investment Trust Management, stated in an interview on the 21st that AI is a 20-30 year megatrend. Known as the 'father of ETFs,' he told Asia Economy that investors should focus on long-term direction rather than daily market fluctuations. Bae introduced Korea's first ETF in 2002 while at Samsung Asset Management, building the foundation for Korea's ETF market which has grown to hundreds of trillions of won. He warned against short-term speculation and emphasized the i

According to an interview with Asia Economy News yesterday (July 21), Bae Jae-kyou, CEO of Korea Investment Trust Management and known as the father of ETFs, emphasized that artificial intelligence represents a 20-to-30 year megatrend comparable to historical breakthroughs like steam engines,

According to Yonhapinfomax, Meta's Ray-Ban Meta Wayfarer (Gen 2) AI glasses officially launched today across South Korea through SK Telecom, KT, and LG Uplus starting July 22. The device features a 12-megapixel ultra-wide camera for photo and video capture, open-ear speakers, and a five-microphone s

According to Bloomberg, Samsung has launched Health Assistant in beta for eligible US users, integrating AI into Samsung Health to provide personalized wellness guidance using sleep, activity, nutrition, mindfulness, and vitals data. The company also introduced new Galaxy Watch features including

According to federal lobbying disclosure filings, Anthropic spent over $3.5 million on lobbying in the first half of 2026, surpassing its full-year 2025 spending of $3.1 million. The company's second-quarter lobbying expenditure reached approximately $2 million, with focus on export controls,

According to CNBC, Nvidia released specifications for its Vera data center CPU on July 21 and delivered the first chips to OpenAI, Anthropic, and SpaceX. Vera, Nvidia's first in-house server CPU, features 88 custom Olympus cores and delivers up to 50% higher instructions per cycle compared to its ea

At the 2026 World AI Conference (WAIC), Geek+ unveiled Gravity, a unified embodied AI framework featuring a "dual-brain" architecture where a cognitive brain handles task decomposition and an action brain performs physical "simulations" before generating optimal motion sequences. According to the co

According to IBK Investment Securities analyst Kim Hye-bin, Samsung Electronics officially established the RX (Robotics eXperience) Business Promotion Division under CEO Ro Tae-mun on July 22, consolidating previously scattered robotics capabilities. The company appointed Lee Dong-gun, a former

Microsoft will invest billions of dollars in computing infrastructure linked to Paris-based Mistral, an AI startup developing large language models. Under the agreement, Azure customers will access Mistral's data center in France, while Mistral's Medium 3.5 and OCR 4 models have been integrated

According to Bloomberg, OpenAI CEO Sam Altman plans to brief U.S. administration officials and lawmakers next week on the company's next-generation AI models, including GPT-4.5 and GPT-5. The U.S. government is expected to introduce a voluntary review framework within weeks that would allow

Citrini Research, which warned at the start of the year about artificial intelligence's negative impact on labor markets, identified Qualcomm and Meta Platforms as next-generation AI beneficiary stocks in a recent report released on the 21st local time, even after the sharp decline in AI-related sto

According to Business Insider on July 21, Wall Street investment banks are pivoting focus from Tesla's electric vehicle sales to its Physical AI strategy—including robotaxis and Optimus humanoid robots—as the company prepares to release second-quarter earnings on July 22. BofA maintained a "Buy" rat

According to Business Insider, on July 21, Citi Research attributed recent AI-related stock declines primarily to forced liquidation of overleveraged positions rather than deteriorating fundamentals or geopolitical risks. The research firm identified Qualcomm, Meta, and GitLab as key beneficiaries i