AI Industry Development & Policy Dynamics

According to Ropedia, on 23 July the Singapore-based physical AI startup raised US$22 million in pre-Series A funding, bringing its total funding to US$30 million. The company plans to use the funds to

According to The Economist, Elon Musk said in an interview that artificial intelligence will likely surpass the combined intelligence of all humans within approximately five years. Despite acknowledging that the risk of AI and robots malfunctioning and causing catastrophic harm is "not zero," Musk a

Elon Musk, CEO of Space Exploration Technologies Corp. and Tesla Inc., warned on Thursday that rapidly advancing AI models pose imminent risks and proposed that rival AI labs should inspect each other's latest systems before release. During an interview with The Economist, Musk said the

According to The Economist, Elon Musk warned on Thursday that frontier AI models are advancing at a rapid pace, posing imminent risks that require industry safeguards before new systems are released. During an interview, Musk proposed that rival AI laboratories, including Chinese developers, be

According to The Information, artificial intelligence company Anthropic is considering establishing a stock trading window for all employees.

According to The Information, Anthropic is considering an unconventional arrangement for employee stock sales following its public listing, planning to mandate 10B5-1 trading plans for all employees. Rule 10B5-1 plans allow company insiders to pre-arrange stock sales in advance, helping them avoid i

According to PANews, Kaito AI announced today (July 23) that it has reached a data collaboration agreement with X to support multiple application scenarios.

According to Guru Club, China's Securities Regulatory Commission held a regulatory work meeting on July 23, emphasizing stricter supervision to protect market fairness. The regulator pledged to intensify enforcement against financial fraud, insider trading, and market manipulation while

According to Odaily, ByteDance has officially launched the Seed STEM Scientist Program, inviting approximately 100 leading scholars across frontier science fields to collaborate on product-academia-research initiatives powered by artificial intelligence. The program, led by ByteDance Seed Edge resea

According to BlockBeats, on July 23, Empery Digital (EMPD) completed a $20 million preferred stock strategic investment in Cardinal Data Power (CDP), securing approximately 8% equity stake in the company. The investment forms part of CDP's $70 million Series A funding round. The capital will be

According to Guru Club, BlackRock President Rob Generational stated on July 23 that the firm feels "positive" about its AI-focused strategy and believes the market underestimates artificial intelligence's impact on corporations. He added that non-AI companies' deal activity will likely remain

Investment manager Bernstein maintains an overweight rating on the Bitcoin mining sector, citing growing partnerships between Bitcoin mining companies and AI data centers necessary to address power constraints. The firm's deal tracker registered a new AI-related deal every week in July, with

According to ChainCatcher, DeAgentAI has completed its $5 million AIA token buyback plan and burned 10 million tokens in the second tranche, bringing cumulative burns to 11 million AIA (23.1% of total repurchased). All tokens were sent to a burn address for permanent destruction. The project

According to Bernstein, Bitcoin mining companies' AI-related deals tracked in July exceeded 7.5 gigawatts (GW) of capacity, valued at approximately $150 billion across multi-year contracts. Hut 8 and IREN announced major infrastructure agreements this week. Hut 8 signed a 15-year lease worth $9.8 b

According to Odaily, Samsung Electronics chairman Lee Jae-yong and Hyundai Motor Group chairman Chung Euisun announced they will join an international AI governance mechanism led by Nvidia CEO Jensen Huang and other global tech leaders. The initiative will convene in November in Silicon Valley to di

Japanese materials companies Toto and Nitto Boseki saw significant stock gains this year as they emerged as key beneficiaries of the AI boom in Japan's stock market, according to CNBC on the 22nd (local time). Toto, known for high-end bidet-integrated toilets, recorded a 78% stock price increase thi

AMD and Anthropic announced on July 22 a partnership combining a hardware supply commitment for up to 2 gigawatts of AMD Instinct MI450 graphics processors with an equity investment of up to $5 billion by AMD in Anthropic. The agreement gives AMD a major reference customer for its next generation of

According to AMD's announcement on July 22, the chipmaker has committed up to $5 billion in equity investment and secured a deal for up to 2 gigawatts of AMD Instinct MI450 graphics processors from Anthropic. Anthropic will deploy the MI450 chips through AMD's Helios rack-scale platform, with the

According to FactSet data, Alphabet posted second-quarter results that beat Wall Street expectations for revenue and earnings per share on July 23, yet its stock fell in after-hours trading. The company raised its 2026 capital expenditure guidance to between $195 billion and $205 billion, up

SK Telecom announced on July 23 it will establish SK Hyper, a wholly-owned AI data center subsidiary, and invest 750 billion won (US$510 million) by 2030 to secure sites and build substations in South Korea. The company appointed Chung Suk-geun as SK Hyper's chief executive. SK Telecom targets