AI Industry Development & Policy Dynamics

Shinhan Card and Hana Card announced on the 10th their participation as core financial partners in SK Telecom's consortium for the Ministry of Science and ICT's 'AI for All' project. The two card companies will collaborate with SK Telecom to establish standard specifications for Agent Pay, a

According to Guru Club, on September 10, OpenAI notified business partners that it will no longer allow ads for image and audio generation products on ChatGPT, citing direct competition with its own capabilities. The restriction, which was not previously disclosed publicly or updated to OpenAI's

According to Yonhap Infomax, Shinhan Card and Hana Card announced on September 10 they are joining SK Telecom's consortium as core financial partners in South Korea's government-backed 'AI for All' initiative. The two credit card companies will collaborate with SK Telecom to establish the

NVIDIA announced on the 9th (local time) a partnership with eight Australian cloud and infrastructure companies to build artificial intelligence platforms with up to 2 gigawatts (GW) of capacity by 2027. The collaboration aims to capture surging AI computing demand across the Asia-Pacific region by

According to Nvidia's newsroom, on September 9, the company announced a partnership with eight Australian cloud and infrastructure companies, including AirTrunk, NextDC, IREN, Megaport, CDC, Reset Data, Sheren AI, and Polyus, to construct up to 2 gigawatts of AI infrastructure by 2027. Nvidia will p

California Governor Gavin Newsom signed two AI safety bills on Sept. 10, establishing mechanisms for third-party safety assessments of AI systems. According to POLITICO, Anthropic and OpenAI expressed support. The first bill establishes a registry and code of ethics for external AI auditing firms; the second requires the state government to set standards and review the qualifications and assessment capabilities of “independent verification organizations.” Contents of the Two AI Safety Audit Bill

According to ChainCatcher, Nvidia is considering reducing the high-bandwidth memory (HBM) stack configuration for its next-generation Rubin Ultra AI accelerator from 12 layers to 8 layers. The adjustment reflects increased storage costs and Nvidia's focus on optimizing cost-per-unit bandwidth and

According to Reuters, on September 9, Amazon raised 4 billion pounds (US$5.42 billion) in its first sterling bond sale, after orders topped 12 billion pounds (US$16.3 billion). The sale reflects large cloud computing companies' increased funding needs for AI infrastructure spending. Amazon has

According to POLITICO, U.S. House Democrats are proposing to establish an artificial intelligence special committee with subpoena power to investigate tech companies, should they regain House control in November. Multiple sources said House Democratic Leader Hakeem Jeffries has been briefed and is o

According to reports, Alibaba Cloud is testing Qovest, an AI-powered financial research tool designed for professional individual investors. The tool is currently available in beta to eligible investors, with initial focus on A-share stock screening, deep research analysis, continuous tracking,

According to Politico, on September 10, Treasury Secretary Scott Bessent removed Chief Information Officer Sam Corcos from AI policy work and prohibited him from further industry communications. The reassignment follows Corcos' undisclosed meetings with executives from OpenAI and Anthropic, where he

Bitcoin (BTC) remains range-bound, trading at around $78,320 as of September 10. U.S. Treasury Secretary Bessent urged the Senate to advance the CLARITY Act, which aims to establish a comprehensive regulatory framework for digital assets. The U.S. Department of Commerce awarded up to $100 million each to three quantum computing companies—Rigetti, D-Wave, and Quantinuum—under the CHIPS Act, and will take minority stakes in the three companies. Macroeconomic Events & Crypto Highlights U.S. Treasur

According to IT Home, Shanghai Pudong District People's Court recently ruled that AI voice cloning software infringed Mihoyo's intellectual property rights by using voice samples from 63 Genshin Impact characters without authorization. The software trained its AI voice-change model using only one

According to Ant International, the company partnered today (Sept 10) with Visa and Mastercard to establish a new standard for AI agent payments. The three firms are jointly developing a "Know Your Agent" (KYA) framework that enables payment networks and merchants to verify each agent's identity,

According to The Straits Times, Singapore is considering an invitation to join China-led World Artificial Intelligence Cooperation Organization (WAICO) on September 9, Digital Development and Information Minister Josephine Teo told Parliament. Singapore will evaluate the invitation alongside other i

According to Forbes, Cognition, an AI coding agent company, completed a Series E funding round exceeding $2 billion led by Andreessen Horowitz and Accel, valuing the company at $48 billion—a significant jump from $26 billion four months prior. Over 30 investors participated in the round, including F

According to POLITICO, California Governor Gavin Newsom signed two AI safety bills on September 10 to establish oversight mechanisms for third-party assessments of AI systems. Assemblymember Rebecca Bauer-Kahan's bill creates a registration system and ethical standards for AI audit organizations,

According to TechCrunch, AI research startup Listen Labs recently abandoned a $125 million Series C funding round (valued at $1.5 billion led by Menlo Ventures) in favor of pursuing acquisition by Salesforce for approximately $2 billion. The deal remains under negotiation and has not been