AI Industry Development & Policy Dynamics

According to Nvidia, on July 22, Wistron opened a $700 million manufacturing facility in Fort Worth, Texas, to produce Nvidia's AI chips. The Taiwanese supplier is expanding U.S. production capacity to support Nvidia's investment in advanced AI infrastructure

According to Odaily 星球日报, Tencent recently announced the merger of its multimodal model department with its large language model department, establishing a new Foundation Model division. The division will be led by Tencent Chief AI Scientist Yao Shunyu to enhance model development efficiency and

Global AI workspace company Zenspark unveiled AI Workspace 6.0 on the 24th, introducing a persistent memory layer called SecondBrain that remembers user work context from emails, documents, and meetings for subsequent tasks. The system integrates information scattered across work tools including

Blackstone, the world's largest alternative asset manager, announced on the 24th that its assets under management (AUM) surpassed $1.35 trillion in Q2, marking an all-time high. The figure represents an 11% increase compared to the same period last year, driven by the firm's strategic focus on

According to Yonhap Infomax, GenSpark unveiled its AI Workspace 6.0 on July 24, introducing SecondBrain, a persistent memory layer that consolidates information from emails, calendars, chats, and work tools including HubSpot, Notion, and Google Workspace. The AI agent uses this unified memory to

According to an Axios interview, Nvidia CEO Jensen Huang stated that distillation—where AI systems learn from other AI models—is fundamental to intelligence. Huang predicted that within the coming years, approximately 99% of internet content could be generated by AI, with AI systems continuously

According to AMD at its Advancing AI 2026 conference on July 23, the company unveiled its sixth-generation EPYC Venice CPU and MI455X GPU, both built on 2-nanometer process, along with the Helios rack-scale AI system. Venice achieves approximately 2x higher throughput and 1.3x single-core

According to BlockBeats, Elon Musk stated on July 24 during a 90-minute interview with The Economist that artificial intelligence may surpass human intelligence within 5 years. He predicted that within roughly 10 years, AI and robots could drive the global economy into a "super-abundance" era. Musk

Singapore's sovereign wealth fund GIC stated that Chinese AI models DeepSeek and Kimi are driving down global AI application costs and intensifying model competition. GIC Group CIO Bryan Yeo told the Financial Times that the performance gap between Chinese open-weight models and US closed-source

According to GIC's latest annual report, Singapore's sovereign wealth fund reported that its 20-year inflation-adjusted annual returns fell to 3.4% as of March 2026, down from 3.8% a year earlier and marking the lowest level since 2020. GIC said Chinese AI models such as DeepSeek and Kimi are

Advanced Micro Devices, Inc. stock rose 1% to $544.98 in the overnight session ahead of Friday as its Advancing AI conference wrapped up on Thursday, with analysts turning more optimistic after product announcements and the company's bullish outlook for the CPU and AI markets. CEO Lisa Su unveiled t

According to Beating, Anthropic upgraded Claude's voice mode to support Opus, Sonnet, and Haiku models, allowing users to switch between them during conversations. The voice interface now integrates with Gmail, Google Calendar, Google Docs, and Slack, enabling users to check emails, modify

B Capital appointed Dr. Andrew Jackson as general partner and chief AI officer, leading the firm's AI strategy across investment, portfolio management, and operations. Jackson previously served as group chief AI officer at G42, an Abu Dhabi-based AI and technology company, where he collaborated

According to Google's latest "AI and the Economy ATLAS v1.0" report released on July 24, there is no evidence that artificial intelligence is causing widespread white-collar job replacement. Instead, AI predominantly functions as a collaborative tool assisting humans in completing complex

Kim Yong-beom, Presidential Chief of Policy at the Blue House, proposed a multilateral cooperation strategy with middle-power nations as South Korea's approach to artificial intelligence development amid US-China AI hegemony competition. Kim posted the proposal on his Facebook on the 23rd,

According to Yonhapinfomax, South Korea's Policy Director Kim Yong-beom proposed on July 23 that Korea should pursue multilateral cooperation with mid-sized nations rather than competing directly with the U.S. and China in artificial intelligence. Kim noted that Korea's domestic market of only 50 mi

According to Chosun Daily, on July 24, KAIST and Nvidia announced the establishment of the Nvidia-KAIST AI Joint Research Center at KAIST's Kim Jaechul Graduate School of AI with $300 million in investment and $50 million worth of AI computing resources each year. The center will focus on

The US Center for AI Standards and Innovation recently released an assessment indicating that Moonshot AI's Kimi K3 demonstrated significantly weaker cybersecurity capabilities compared to leading US frontier large language models. The evaluation also found that Kimi K3's security mechanisms still a

According to CoinGecko, meme coins ranked first in crypto sector attention during Q2 2026 with a 12.1% share, followed by AI projects at 11.2%, Base native projects at 7.9%, and real-world assets (RWA) at 5.1%. Solana meme coins accounted for 4.0%, Solana ecosystem 3.4%, Layer 1 platforms 3.2%,

According to Greg Brockman, OpenAI's co-founder, Jacob Tsimerman has joined OpenAI. Tsimerman is a leading mathematician in number theory and arithmetic geometry who previously won the Fields Medal, one of mathematics' highest