AI Industry Development & Policy Dynamics

According to Bloomberg, on July 6, Japanese autonomous driving software startup Turing raised US$79 million in an extended Series A round, with AMD Ventures joining as a new investor and valuing the company at approximately US$600 million. As part of the investment, Turing began adopting AMD

Samsung Electro-Mechanics received a target price upgrade to 2.8 million won from Daishin Securities on July 7, with Q2 operating profit forecast at 423.9 billion won, exceeding the previous estimate of 387 billion won and consensus of 385.6 billion won by 9.5% and 9.9% respectively. The upgrade

According to Bloomberg, renowned investor Michael Burry recently announced a short position on Micron (MU-US) via Substack, arguing that the memory chip maker typifies cyclical industries and warning that the AI memory super-cycle may be unwinding. Micron's forward P/E has plummeted from 11x in

The Magnificent 7 tech stocks—Microsoft, NVIDIA, Alphabet, Apple, Meta, Tesla, and Amazon—lost approximately $2 trillion in combined market capitalization in June, marking a significant underperformance relative to broader market indices. The decline reflects a structural shift as these companies pi

According to Goldman Sachs' latest report, artificial intelligence investment is shifting from infrastructure buildout to broader real-economy applications. From 2026 to 2031, global AI capital expenditure on computing, data centers, and power infrastructure is projected to reach

Anthropic signed a lease to rent a data center operated by TeraWulf in Kentucky on July 7, according to Guru Club.

According to Financial Times, on July 7, global investment firms including a hedge fund founded by former OpenAI researchers plan to invest up to $7 billion in SK Hynix's U.S. stock market listing. The hedge fund, Situational Awareness, and British asset management institutions are among the

UK Foreign Secretary Yvette Cooper warned that governments need global agreements to manage artificial intelligence risks. In an article published on Monday, Cooper compared the challenge to nuclear safety efforts that followed World War II, stating governments risk repeating mistakes made during th

UK Foreign Secretary Yvette Cooper warned on Monday that governments need global agreements to manage artificial intelligence risks before a crisis forces action. In an article, Cooper compared the current challenge to the early nuclear arms race, noting that international safety agreements only eme

According to Edaily Korea, the Dow Jones Industrial Average closed at 53,055.91 on July 6, up 0.29%, breaking the 53,000 level for the first time on a closing basis. The Nasdaq Composite Index rose 1.12% to 26,121.16, while the S&P 500 climbed 0.72% to 7,537.43. The gains were driven by renewed

According to Wafer, a startup specializing in inference optimization, AMD MI355X chips running the latest open-source model GLM 5.2 achieved inference costs at roughly half that of NVIDIA's flagship B200 GPU, while delivering approximately 80% of the performance. Testing showed single-node

US stocks rose on July 7 (local time), with the Dow Jones Industrial Average crossing the 53,000 mark for the first time on a closing basis, driven by a rebound in artificial intelligence-related technology stocks. The Dow closed at 53,055.91, up 0.29% from the previous trading day, while the

Wall Street investor Jordi Visser issued a warning on the job market on July 4 during an interview with investor and podcaster Anthony Pompliano. Visser said the warning could be positive for Bitcoin (BTC). He turned bearish on the job market, citing wide adoption of artificial intelligence (AI)

UN Secretary-General António Guterres opened the first Global Dialogue on AI Governance in Geneva on Monday, telling 193 member states that artificial intelligence is advancing faster than institutions can govern it. Guterres warned that AI

According to TheStreet, on July 4, Jordi Visser, head of AI Macro Nexus Research at 22v, warned during a podcast interview with Anthony Pompliano that artificial intelligence is disrupting the labor market in a structural way that central banks cannot address with traditional policy tools. Visser s

On Monday (July 6), UN Secretary-General António Guterres opened the first Global Dialogue on AI Governance in Geneva, warning that artificial intelligence is advancing at "runaway speed" and outpacing institutional oversight. He used "vibe coding"—a term for letting AI write software without

SK Hynix's upcoming Nasdaq listing on May 10 has attracted major investor interest, with Situational Awareness — a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner — UK-based long-term investment firm Baillie Gifford, and technology investor Coatue expressing intent to acquire up

Yield Guild Games announced Monday the shutdown of YGG Play, its crypto game publishing arm, citing the crypto market downturn as the reason for the closure. The blockchain gaming organization will cut 35 jobs and retire the YGG Play website, its token launchpad, and games including LOL Land and

Yield Guild Games announced Monday it is shutting down YGG Play, its crypto gaming publishing arm, and will lay off 35 employees as part of a strategic pivot toward artificial intelligence. The company cited the crypto market downturn and broader gaming industry challenges as reasons for the

According to Trump on July 6, 2026, China would lead the crypto industry if the U.S. backed away from it. Trump compared crypto to artificial intelligence, saying both technologies require sustained U.S. investment to maintain global leadership. "If we didn't do it, China would do it. It's a