AI Industry Development & Policy Dynamics

According to on-chain analyst Ember, 18 wallets dumped TacBuild (TAC) tokens early this morning, causing the token's price to plummet from $0.05 to $0.0045, a decline of 91 percent.

According to staffing consultancy Challenger, Gray & Christmas and the Layoffs.fyi database, global technology companies laid off approximately 120,000 employees through May 2026, reaching near-record levels despite rising revenues and profits. Meta cut about 8,000 employees (10% of workforce) in Ma

According to Bank of America Securities, as reported by Guru Club, the bank's latest semiconductor industry report on July 8 stated that the recent semiconductor sector pullback represents normal market correction rather than weakening AI demand. The bank projects global cloud computing and AI

According to South Korea's Financial Services Commission (FSC), on July 8, the regulator announced enhanced enforcement measures to combat unfair trading practices in capital markets. The FSC will grant investigators the authority to request telecommunications data, introduce an AI-based market

According to Guru Club, today NVIDIA and D-MATRIX are integrating hardware into a new system designed to power artificial intelligence models.

Morgan Stanley identified power infrastructure as the next critical stress test for the AI industry in a recent podcast released on the 7th (local time). The investment bank stated that 75 data center projects totaling $130 billion were halted or delayed across the United States in Q1, matching the

According to V2 AI, the Sydney-founded AI consultancy launched a Singapore hub on July 8 to expand across Asia-Pacific and meet rising demand for AI services. Managing director Hannah Williams will lead the expansion, with the company building local teams across leadership, sales, consulting,

According to Cailianshe, SiliconFlow, a Beijing-based AI infrastructure startup offering pay-per-token access to AI models, filed for Hong Kong Main Board listing under Chapter 18C. The company reported revenue of RMB 55.3

According to Bloomberg, Microsoft has started routing AI tasks in Excel and Outlook to its in-house MAI models instead of relying as heavily on OpenAI and Anthropic, to reduce costs. A person familiar with the matter said MAI models now handle tens of thousands of prompts each week across the

The Federal Reserve released a research report on the 6th (local time) stating that preemptive suppression of big tech AI infrastructure investments is not necessary despite growing overinvestment concerns. The Fed acknowledged significant overinvestment possibilities if AI continues delivering

According to the Federal Reserve, on July 6, the Fed released a research report arguing that preemptive measures to suppress Big Tech companies' AI infrastructure investments are not necessary, despite potential overinvestment risks. The report noted that if AI generates substantial productivity

Anthropic announced Claude Cowork will launch in beta on mobile and web in the coming weeks, with Claude Max users receiving access first. The expansion allows users to access Cowork sessions beyond the desktop app, enabling multi-step work across connected applications. The mobile and web

OpenAI's Chief Futurist Joshua Achiam announced on July 8 through social media that he will depart the company this month after nearly nine years with the organization.

According to Shinhan Investment on July 8, KOSPI is expected to trade within a "W-shaped" range, with support at 7,550-7,650 points and resistance at 8,300-8,400 points through late July, as the market awaits big tech companies' artificial intelligence capital expenditure guidance. Despite

According to Du Jun, ABCDE Capital co-founder, the firm invested $500,000 in Metagent in February 2024, with a planned $1 million follow-up investment conditional on project performance. Du Jun stated that Metagent's demo presented in June 2024 fell short of expectations, raising concerns about the

According to Bloomberg, Norm AI raised US$120 million in a funding round led by Khosla Ventures yesterday (July 7), valuing the legal and compliance AI startup at US$1.2 billion. Blackstone, Bain Capital Ventures, and Coatue Management participated in the round, bringing Norm's total funding to

According to Apptopia, an app analytics firm, Grok's U.S. market share declined to 8.7% in June from 10.6% in May, with daily active users (DAU) falling 28% since April, according to recent data released in June 2026. Meta AI surpassed Claude to claim fourth place in the generative AI chatbot market

On July 7, UK-based AI infrastructure startup Nscale said it had secured a $900 million revolving credit facility to accelerate AI data center construction across Europe, the US, and Asia-Pacific. The facility was syndicated by eight major financial institutions including JP

According to Financial Associated Press, Anthropic plans to expand significantly in Manhattan, doubling its New York City workforce to 1,000 employees starting summer 2026. The company will lease a 16-story building in Hudson Square for its New York

According to Odaily, SpaceX AI plans to launch a new model on the Cursor platform as early as Wednesday.