AI Industry Development & Policy Dynamics

According to Yicai, Meituan on July 6 open-sourced LongCat-2.0, its AI model. Chinese GPU startup Moore Threads adapted the model the same day for inference on its MTT S5000 GPU card, covering model loading, inference engine launch, operator optimization, deployment verification, and accuracy

According to Digital Daily, South Korea's telecom operator KT announced it plans to invest approximately 18 trillion won over three years, with 12 trillion won directed to cybersecurity, IT and networks, and 6 trillion won allocated to AI infrastructure. The company will advance a Token Factory

According to Beating monitoring, Tencent formally released Hunyuan 3.0, a 295-billion parameter mixture-of-experts (MoE) model, with the most permissive Apache 2.0 open-source license, removing previous geographic restrictions that prohibited use in the EU, UK, and South Korea. The formal release e

According to a Financial News survey of major South Korean securities research centers on July 6, leading brokerages view recent semiconductor sector volatility as a temporary speed adjustment rather than long-term industry deterioration. None of the surveyed firms interpreted the correction as a

According to Salesforce, on July 6, Agentforce Commerce agents including Shopper Agent, Buyer Agent, and Merchant Agent became generally available for B2C and B2B commerce, order management, and point-of-sale operations. The agents handle product discovery, checkout, repeat orders, and catalog manag

According to Beating, Ammaar Reshi, a product design lead at Google AI Studio, recently successfully ported the classic 2003 real-time strategy game Command & Conquer: Generals to Mac, iPhone, and iPad with assistance from Anthropic's Claude Fable 5 model. Rather than relying on emulation or cloud g

Sotheby's will auction NVIDIA CEO Jensen Huang's signed Tom Ford black leather jacket starting July 7, with bidding closing July 17, according to Business Insider. The auction house estimates the jacket will sell for $40,000 to $60,000, comparable to the price of NVIDIA's popular Blackwell AI

According to Beating's monitoring of Silicon Data LLM Token Consumption Index, token spending has dropped nearly 20% from its May peak, signaling potential loss of pricing power among large model vendors amid cost-sensitive customers. Allianz research shows the growth gap between AI investment

According to White B.AI's official X account announcement, the AI model aggregation platform has surpassed 2 million users, with cumulative user count reaching 2,007,543. The platform continues to integrate frontier large language models and expand its ecosystem

According to Beating, open-source model GLM-5.2 recently topped the PostTrainBench fine-tuning benchmark, drawing criticism from scaling01 over doubts on its practical value and unusual ranking surge. However, benchmark author Maksym Andriushchenko clarified after reviewing GLM-5.2's logs that the m

According to JPMorgan Chase, Tencent (HKEX: 0700) maintained an 'Overweight' rating with a 690 Hong Kong dollar price target on June 6, as WeChat AI Agent beta testing progress has reduced key uncertainties around the product's implementation and integration into the platform. The bank expects WeCha

According to Korea Exchange data as of June 3, artificial intelligence-related stocks dominated the top gainers on KOSPI in the first half of 2026, with major players including Samsung Electro-Mechanics, SK Hynix, and LG Innotek. The AI investment wave has expanded beyond semiconductor

According to a July 6 stock exchange filing, Shanghai Biren Technology plans to raise US$892.5 million through a share sale at HK$46.2 (US$5.9) per share, representing a 9.9% discount to the previous Friday's closing price. The company will issue 153 million new shares. Biren said 60% of the

According to BlockBeats, Tencent's Hong Kong-listed stock surged over 5% today (July 6), reaching 453 HKD per share. The rally reflects a narrative shift for the company, which faced criticism for lagging in AI deployment. WorkBuddy, Tencent's AI assistant for enterprise collaboration, has

Singapore investment firm BSQ Capital Partners and AI financing company USD.AI formed a joint venture to provide financing for AI compute infrastructure operators across Asia-Pacific, according to official announcement. The venture targets up to $300 million in initial financing and could scale to $

According to an official announcement, AlphAi, a Web3 trading platform, recently upgraded its Polymarket-compatible prediction market experience with new features including AI analysis, real-time market signals, structured navigation, and crypto market categorization. Users can now access AI

Chinese e-commerce giant Alibaba Group has ordered a complete ban on employees using Anthropic's AI programming tool Claude Code starting July 10, classifying it as high-risk software, and requiring employees to switch to the group's self-developed Qoder tool. The ban covers Alibaba's global employees. According to reports from Reuters, Dow Jones and other foreign media, the reason behind it is related to concerns over "backdoor risks." Details of Alibaba's Ban: Claude Code Listed as High-Risk S

On July 6, NVIDIA officially announced the launch of a new Revenue-Sharing Model, allowing AI startups to exchange future revenue for GPU computing power without bearing the upfront huge hardware procurement costs; Sharon AI and Firmus are the first partners. First Partners: Sharon AI Deploys Up to 40,000 GB300 GPUs According to the official NVIDIA announcement, the first partners to respond to this business model are: Sharon AI, which is deploying up to 40,000 NVIDIA Grace Blackwell GB300 GPUs;

Recently, Japanese autonomous driving company Turing Inc. announced that AMD Ventures has become an investor and begun integrating AMD AI accelerators into its systems. The funding round raised $79 million at a $600 million valuation through a combination of equity and debt. Turing's executives

According to Beating, Generative AI (生数科技) recently completed a $500 million funding round, marking the largest single funding in China's universal world model sector. The funds will support model research and technology innovation. The company has established foundational models across three key ar