AI Industry Development & Policy Dynamics

According to Bloomberg, reported by PANews on August 31, Dragoneer Investment Group raised approximately $1 billion for its continuation fund, falling short of its initial $2 billion target. The fund was backed by the firm's stakes in OpenAI, SpaceX, and other private equity assets. To attract

South Korea announced Friday a programme called 'AI for All' that will provide the country's entire population with free access to generative AI services with no token limits. The government selected three tech consortia to deliver the services and will allocate up to 512 Nvidia B200 chips among the

According to the Wall Street Journal, South Korea announced Friday a plan to provide free access to premium generative AI to its entire population through a programme called "AI for All." The government will divide up to 512 Nvidia B200 chips among three tech consortia, including the country's

According to Kuaishou's announcement today (August 31), Beijing Keling received investment from two parties under separate subscription agreements: the National AI Fund contributed 1.4 billion RMB, while Zhengda Robotics invested approximately 192.9 million USD (equivalent to about 131.45 million RM

Anthropic has removed specific weekly usage limit figures for Claude Max from its website, according to recent updates. Previously, the company disclosed that the 5x tier ($100) offered 140-280 hours per week, while the 20x tier ($200) provided 240-480 hours, meaning users paid double the price

According to CNBC, Bank of England Governor Andrew Bailey warned in a letter to G20 finance leaders on August 31 that frontier AI models increasingly capable of high autonomy and sophisticated cyber capabilities could significantly accelerate, scale and reduce costs of cyberattacks. Bailey

According to Yorkville America CEO Steve Neamtz, the asset manager behind former President Donald Trump's Truth Social ETF is launching the MANGOS Plus Index ETF on Monday, August 31, on the NYSE and its new NYSE Texas platform. The fund will track an index comprised of Meta, Anthropic, Nvidia,

SlowMist organized several Web3 events in Hong Kong on August 28, focusing on stablecoin compliance and crypto security. The events addressed risks in crypto finance and AI integration in financial systems. Hong Kong continues to foster crypto innovation as regulatory frameworks evolve across the We

OpenAI announced Monday that its advertising business has hit $1 billion in annualized revenue run rate, a milestone the artificial intelligence company describes as proof of its diversified business model. The ad business, roughly 200 days old, builds on OpenAI's existing revenue streams

NVIDIA announced on August 31 (local time) a $3.5 billion convertible bond investment in Taiwan-based fabless semiconductor company MediaTek. The partnership aims to build next-generation AI computing platforms spanning AI infrastructure, local AI computing, and automotive sectors. This

According to BlockBeats, OpenAI disclosed on August 31 that ChatGPT's advertising business has reached $1 billion in annualized revenue.

According to BeInCrypto, JFrog has disclosed a critical vulnerability in Artifactory (CVE-2026-82329) with a CVSS score of 9.8, requiring no authentication to exploit and posing significant supply chain attack risks. OpenAI's model independently discovered nine zero-day flaws in Artifactory during t

Europe's High Performance Computing Joint Undertaking has selected French supercomputing company Bull to build the LUMI-AI artificial intelligence supercomputer, deployed at CSC's data center in Finland. The system will feature AMD Instinct MI430X GPUs paired with 6th-gen EPYC processors with 256 co

According to BlockBeats, Etherscan officially launched an AI-focused toolkit on August 31, enabling developers and agents to access on-chain data directly from Etherscan's infrastructure. The suite supports over 60 EVM-compatible chains and provides three integration methods: MCP for natural

According to Beating Dynamics, Zhipu's MaaS platform token calls surged over 40-fold in H1 2026, with paid daily active users growing 603%, according to the company's latest financial report. The top 10 clients saw daily average call volumes increase 98-fold. Despite the

According to Bloomberg, Singapore's Monetary Authority (MAS) announced on August 31 a S$220 million ($173 million) investment over the next three years to support fintech and AI innovation, aiming to maintain its competitive edge against Hong Kong and other financial centers. The initiative will

According to Bernstein analysts, Meta may surpass Google Search in advertising revenue before the end of 2026, driven by artificial intelligence. Meta captured nearly half of every incremental digital advertising dollar in the second quarter, the firm said. Bernstein attributed the acceleration to A

According to Zhipu, the company has achieved scaled low-cost inference with 100,000 domestic chips, reducing token inference costs by 80% since the start of 2026. The GLM-5.3-Flash model previously processed 6.2 trillion token calls during beta testing under the alias Ox-Alpha on

According to BlockBeats, Zhipu announced on August 31 that its annual recurring revenue (ARR) reached $1.6 billion.

According to The New York Times, U.S. AI startup Together AI announced a partnership with Saudi Arabia's Humain to secure overseas computing resources. Under the agreement, Together AI will gain access to 250 megawatts of power supply and 120,000 AI chips, with compensation structured as a revenue-s