AI Industry Development & Policy Dynamics

According to Chosun Daily, on May 12, Taiwan chipmaker TSMC joined Applied Materials' US$5 billion EPIC Center in Silicon Valley, set to open in 2026. TSMC joins Samsung Electronics, SK Hynix, and Micron at the facility, which will focus on developing and commercializing AI chip technology. Applied

According to Decrypt, Google's threat intelligence team recently confirmed that cybercriminals used artificial intelligence to discover and exploit a zero-day vulnerability in a popular open-source web administration tool that bypasses two-factor authentication. This marks the first time Google

According to Gelonghui, on May 12, South Korea's presidential office policy director Kim Yong-beom stated that the "citizen dividend" from the artificial intelligence industry will be sourced from excess tax revenue rather than directly from AI companies'

According to The Street on May 11, the daily trading records for Cathie Wood’s Ark Innovation ETF (ARKK) show that the largest single buy was 183,298 shares of Kratos Defense and Security Solutions; the largest single sell was 37,836 shares of AMD. May 11 Key Trading Records Based on the ARK ETF’s daily trading records released for May 11, 2026, the main buy transactions are as follows: Kratos Defense and Security Solutions (KTOS): 183,298 shares, amounting to $10,611,121, continuing last week’s

According to South Korea's Presidential Office Policy Director Kim Yong-beom, on May 12, the government proposed establishing a "citizen dividend" funded by excess profits generated by the artificial intelligence industry. Kim stated on Facebook that AI infrastructure-driven revenues stem from the n

According to ChainCatcher, AI travel platform Staynex has agreed to acquire enterprise travel software company Helix. Helix founder Gus Fraser will join Staynex as Chief AI Officer. The acquisition marks Staynex's expansion from consumer travel services into enterprise travel management, covering se

According to a May 12 report by Bitcoin.com News, the U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to Augustus (Augustus), allowing the establishment of Augustus Bank, NA, making it the first AI-native stablecoin settlement bank in the U.S. to reach this stage of approval by the OCC. Founding Team Background and Existing Business According to an official Augustus announcement, the co-founder and CEO of Augustus Bank, NA is Ferdinand Dabitz, 25 years old a

According to Reuters, on May 11, OpenAI launched a majority-owned Deployment Company with more than $4 billion in initial investment and acquired Tomoro, an AI consulting firm formed in 2023. The new unit will place engineers inside client organizations to identify frontier AI applications, with

According to Wedbush analyst Dan Ives, the Nasdaq Composite Index will challenge the 30,000 level within the next year, driven by better-than-expected tech earnings and growing AI sector confidence. Ives noted that the current chip supply-demand gap stands at 10 times, indicating the AI revolution r

According to The Block, MoonPay has acquired Dawn Labs and is launching Dawn CLI, an AI-powered tool designed to help non-technical users craft prediction market trading strategies. Users can describe trading strategies in plain English, with the system automating research, code generation,

According to The Information, on May 12, OpenAI's latest agreement with Microsoft sets a revenue share cap of $38 billion, while OpenAI is projected to save $97 billion through 2030 under the new terms.

According to Beating, OpenAI co-founder and former Chief Scientist Ilya Sutskever testified Monday in the Musk v. OpenAI case, disclosing details of his push to remove CEO Sam Altman. Sutskever said he spent approximately one year gathering evidence of Altman's pattern of "persistent dishonesty," in

According to Decrypt, Circle launched Agent Stack on May 12, a toolkit that enables AI agents to independently hold funds, pay fees, and transact with USDC without human intervention. The suite includes an agent wallet, command-line interface, agent marketplace, and a nano-payment protocol

According to Beating, Thinking Machines, the lab founded by former OpenAI CTO Mira Murati, released a research preview of its Interaction model, featuring native real-time audio and video processing with 200-millisecond micro-turn responses. The model enables simultaneous listening, viewing, and

Skinos Ventures, an Israel-based venture fund, has launched with US$26 million to invest in seed and Series A startups focused on cybersecurity and AI, according to Calcalist. Most of the capital came from Shlomo Kramer, co-founder of Check Point, who serves as a strategic adviser to the fund.

NVIDIA announced that it has established a long-term strategic partnership with AI vertical integration cloud provider IREN (NASDAQ ticker: IREN). Together, they will deploy up to 5 gigawatts (GW) of AI infrastructure worldwide and sign a $3.4 billion cloud services contract. IREN will provide GPU hosting for a five-year term, accelerating the global rollout of AI factories. NVIDIA and IREN team up to accelerate deployment of global AI factories NVIDIA and IREN are expected to deploy up to 5 gig

According to Bloomberg, Microsoft CEO Satya Nadella testified in federal court in Oakland, California that the company sought a $92 billion return on its early OpenAI investments, based on 2023 planning documents. Microsoft invested approximately $13 billion in OpenAI through early 2023 and

According to TechCrunch, Germany-based defense AI and drone startup Helsing is raising $1.2 billion at approximately $18 billion valuation in a round led by Dragoneer and co-led by Lightspeed. The funding follows Helsing's 706 million euros ($706 million) Series B round in June 2025 led by Spotify f

According to Bloomberg, SoftBank founder Masayoshi Son is discussing a major AI data center project in France with President Emmanuel Macron, with an announcement potentially coming this month. The project could involve a multibillion-dollar

According to Calcalist, Frame Security, a startup founded by Israeli cybersecurity veterans Tal Shlomo and Sharon Shmueli, has raised $50 million in a funding round led by Index Ventures, with backing from Team8, Picture Capital, Wiz CEO Assaf Rappaport, and investor Elad Gil. The company's