AI Industry Development & Policy Dynamics

According to Guru Club, OpenAI founder Sam Altman said today (July 12) that AI is overall creating jobs rather than reducing employment, contrary to his earlier expectations. Altman noted that while he held less pessimistic views than others, he had initially anticipated the current level of AI

According to Fox News, artificial intelligence became the leading reason for U.S. layoffs for the third consecutive month as of July 12, 2026.

According to Business Insider, Anthropic's valuation exceeded $1.2 trillion on secondary market platform CapLight as of July 11. The Claude developer is now trading above its Series H funding valuation of $965 billion recorded in

Anthropic's corporate valuation surpassed $1 trillion on secondary markets, with the AI model developer Claude's parent company trading at $1.2 trillion on the Caplight platform on the 11th (local time). This valuation exceeds the $965 billion achieved during the Series H funding round in May and su

According to The Economic Times, Karnataka IT minister Priyank Kharge met Anthropic India managing director Irina Ghose in Bengaluru on July 11 to discuss collaboration on AI skills, centers of excellence, incubators, and using AI to improve citizen services. Anthropicis preparing to open its

According to Perplexity CEO Aravind Srinivas, this week the company unveiled a hybrid AI orchestration system that automatically selects the most suitable model for each task, rather than relying on a single large language model. The system leverages Zhipu's open-source GLM 5.2 model as its core

According to Beating, Zhipu AI launched the 'Touch High' plan on July 12, committing to prioritize AGI research over the next two years without focusing on short-term application monetization. The plan concentrates on enabling models to execute complex long-horizon tasks, facilitating autonomous

According to CoinDesk, Nasdaq-listed bitcoin treasury company Empery Digital sold 1,400 bitcoin at an average price of $62,200 each on July 11, generating approximately $87.1 million in gross proceeds to fund a 25% stake in an AI data center project. The company announced earlier in July it would ne

According to PANews, Elon Musk unfollowed Scale AI founder Alexandr Wang on X (formerly Twitter) on July 12. The reason for the unfollowing was not disclosed.

According to a Facebook post by Kim Yong-beom, chief policy adviser to South Korea's presidential office, on June 10, competition in semiconductors during the AI era has shifted from technology innovation to production capacity race. Kim stressed that the most critical resource governments can

According to internal documents reviewed by Reuters, Meta has significantly reduced its AI computing infrastructure building costs to approximately $22 billion per gigawatt—nearly half of Bank of America Securities' prior estimate of $45 billion per gigawatt, analyst Justin Post said. BofA

According to Bloomberg TV, on July 11, Goldman Sachs' Chief Equity Portfolio Strategist said AI-driven earnings surprises are entering their final phase. While S&P 500 companies are expected to post 22% earnings growth this quarter versus year-ago levels, investor expectations have already risen

According to Guru Club, Meta suspended its AI image generation feature early this week after facing criticism over portrait rights and criminal risks. The function, which allowed users to reference public Instagram accounts via @mentions to generate images, was set to allow public content citation b

According to Guru Club, on July 12, Elon Musk and OpenAI CEO Sam Altman engaged in a public exchange of accusations on social media following the GPT-5.6 release. Musk initiated the confrontation, accusing Altman of elevating fraud to new heights and sarcastically claiming his passion for

Empery Digital sold 1,400 bitcoin at $62,200 each, generating approximately $87.1 million in gross proceeds, according to an SEC 8-K filing. The company directed the funds toward acquiring a 25% ownership stake in a group purchasing a Midwest AI data center facility that requires $65 million to

On Friday, July 10, Apple sued OpenAI, OpenAI Foundation, and two former employees—Chang Liu and Tang Yew Tan—in U.S. District Court for the Northern District of California, alleging theft of hardware trade secrets. Apple claims Liu, who left the company in January after eight years, exploited an

The Ethereum Foundation recently deployed AI agents to test blockchain software, discovering a genuine security vulnerability while exposing a critical verification challenge. The Protocol Security team found a real bug in gossipsub, the messaging layer used by Ethereum clients, which was

The Ethereum Foundation recently used AI agents to test blockchain software and discovered real bugs, including a critical flaw designated CVE-2026-34219, according to field notes published by its Protocol Security team. The vulnerability was found in gossipsub, the messaging layer used by Ethereum

Nine AI models forecast bitcoin's price for Aug. 1, 2026, with eight of nine predictions clustering between $63,420 and $67,940. The forecasts were generated from a July 10 baseline when bitcoin traded below $64,000, down more than 40% over the past 12 months and nearly 50% below its all-time high a

Nine AI models forecasted Bitcoin's price on August 1 at the request of Bitcoin.com, with eight clustering between $63,420 and $67,940, while Pi AI's outlier estimate reached $89,359 on July 10. The models—ChatGPT 5.6 Sol, Claude Fable, Deepseek, Grok, Meta AI, Gwen, Kimi, and Gemini—employed