AI Industry Development & Policy Dynamics

According to ETNews Electronics, South Korea's government is considering extending its "AI Computing Resources Utilization Foundation Strengthening Project" beyond its originally planned end this year. On July 7, the Ministry of Science and ICT announced plans to expand GPU procurement and

Legendary investor Jeremy Grantham, who successfully predicted the 2000 internet bubble and 2008 financial crisis, said recently he is actively selling U.S. stocks and warned that current market valuations are at historic bubble levels, with artificial intelligence at the core. Grantham, 87, who

DB Securities and Hanwha Investment Securities lowered their target prices for Kakao stocks to 57,000 won and 62,000 won respectively while maintaining 'buy' ratings, as the company's stock price fell to the 30,000 won range. The target price reductions occurred despite analysts forecasting Q2

Gil Eun-seon, a researcher at the Korea Institute for Industrial Economics & Trade, raised concerns about Tesla's Full Self-Driving technology threatening Korean automotive competitiveness at a seminar hosted by the Federation of Korean Industries on the 7th. Gil warned that the autonomous driving s

SpaceX (SPCX) entered its Nasdaq-100 debut week with SPCX stock falling 1% on Monday, extending a pullback after losing another 1% over the past week, while shares were down 2% overnight late Monday. The stock decline comes as the company prepares to join the Nasdaq-100 at the start of trading on

According to 36Kr, Xiaomi recently restructured its Xiao Ai Assistant team, decoupling its technical architecture into three layers: a foundation large language model layer led by Luofu Li's MiMo team; a cloud engineering layer under Luan Jian's team providing standardized interfaces; and

Vietnamese sportsbook QH88 and Curaçao-licensed operator Nightwin deployed AI deepfakes and fabricated endorsements to fraudulently present football stars Bruno Fernandes and Jude Bellingham as brand ambassadors. QH88 produced a one-minute video purporting to show Manchester United captain Fernandes

Yield Guild Games shut down its crypto game publishing arm YGG Play and laid off 35 employees in 2026, citing commercial unsustainability caused by a prolonged crypto market downturn and a difficult video game publishing environment. The decision followed a major market crash on October 10 that

According to the Guardian, Vietnamese sportsbook QH88 used an AI-generated deepfake video on July 5 to fraudulently present Manchester United captain Bruno Fernandes as its official brand ambassador. The one-minute clip, looped on QH88's main website, purports to show Fernandes signing an ambassador

According to Omdia's latest Q2 2026 forecast, China's semiconductor market is projected to reach $812.08 billion in 2026, representing a 92.9% year-over-year increase, driven by large-scale AI infrastructure deployment. The computing and storage segment is expected to grow 126%, accounting for 62.9%

According to Bloomberg Industry Research monitoring by Beating, Chinese enterprises are accelerating their shift toward domestic AI accelerator budgets over the coming 12 months. A survey of 60 Chinese executives across software, finance, and manufacturing sectors shows domestic AI accelerator

Yield Guild Games cut 35 staff and shut down its YGG Play game publisher business on July 7 due to challenging crypto and video game market conditions. The company said its YGG Play business is no longer commercially sustainable and will focus resources on artificial

According to Jin10, 2010 Nobel Prize-winning economist Christos Pisarides warned on July 7 that artificial intelligence will not restore Western economies to periods of high productivity growth, which may be permanently lost. Pisarides stated that approximately 40% of jobs in the U.S. and U.K. will

KOSPI declined as much as 8% intraday on the 7th, prompting Samsung Securities to release an emergency market report titled 'Stock Market Decline Background and Response Strategy' analyzing the drop as a natural correction following rapid short-term gains rather than a trend reversal. The

TeraWulf signed a 20-year lease with Anthropic at its Justified Data campus in Hawesville, Kentucky on July 6, expected to generate US$19 billion in contracted revenue over the contract term. The facility will host approximately 401 megawatts of critical IT load, with initial capacity coming in the

According to Morgan Stanley's asset management unit, on July 7, global market strategist Raisah Rasid suggested that robotics and autonomous vehicle companies may become the next winners in AI trading. She noted that artificial intelligence adoption is accelerating, particularly in generative AI, an

According to Foresight News, Vladimir Novakovski (Lighter founder) and Franklyn Wang (Liquid founder) collaborated in 2023 to attempt identifying Satoshi Nakamoto's identity through GPT-4 writing style analysis. However, the AI could not provide high-confidence

According to Chosun Daily, South Korea's Ministry of Science and ICT and National IT Industry Promotion Agency today announced a public competition for 2026 AI Transformation (AX) research and development projects. The government will invest a combined 1.4 trillion won ($917 million) over five

U.S. companies are increasingly adopting Chinese-built AI models from DeepSeek and Z.ai as cost pressures mount and performance gaps narrow with American rivals. Since Feb. 8, Chinese models have accounted for over 30% of weekly token usage by U.S. firms on OpenRouter, a developer platform,

According to CNBC, Chinese-built AI models including DeepSeek and Z.ai's GLM 5.2 are gaining adoption among U.S. companies as they narrow the performance gap with OpenAI and Anthropic while operating at significantly lower costs. Data from OpenRouter, a platform enabling developers to access