AI Industry Development & Policy Dynamics

According to Reuters, Chinese AI startup MiniMax Group is developing an open-weight language model with 2.7 trillion parameters, expected for release in the third quarter of 2026. If released, it would surpass China's current largest models, including Meituan's LongCat-2.0 and DeepSeek's V4-Pro,

According to Beating, Cognition released its new AI programming model SWE-1.7, now integrated into Devin. Built on Kimi K2.7 Code by Moon Dimension, SWE-1.7 performs near GPT-5.5 and Claude Opus 4.8 levels while significantly reducing generation costs. The model achieves 1000 tokens per second

SpaceXAI officially released Grok 4.5 on July 8, positioning it as their most powerful AI model to date, designed for code writing, agentic tasks, and advanced knowledge work; the highlight of this release is its joint training with the well-known AI code editor Cursor. Benchmark results include a 64.7% success rate on SWE Bench Pro. Grok 4.5 Trained with Cursor: 64.7% on SWE Bench Pro According to SpaceXAI, Grok 4.5's performance on various benchmarks is as follows: SWE Bench Pro: 64.7% success

According to LinkedIn source Tal Shoham, Israeli AI startup Velocity raised $27 million in a seed round led by NFX and Red Dot Capital Partners on July 9, as it launched its AI advertising platform. The platform turns user messages in AI conversations into real-time advertising opportunities and

According to Fortune, Palmer Luckey, founder of defense-tech company Anduril, recently warned that the real gap in U.S.-China AI and advanced manufacturing competition is not technology itself, but talent cultivation systems. In an interview with the Hoover Institution, Luckey stated that the true c

AI startup General Intuition CEO Pim de Witte revealed in a July 8 interview on the TechCrunch podcast that the company is training AI world models using hundreds of millions of hours of gameplay videos, which can be fine-tuned in just 8 minutes with real-world data to enable smooth movement in actual environments. General Intuition completed a $320 million funding round at a valuation of $2.3 billion. The Core Advantage of Game Data: Why Precise Action Labels Outperform Ordinary Web Videos (Sou

According to Techcrunch, Swedish AI application development platform Lovable is in talks to raise $300 million at a $13.2 billion valuation. Menlo Ventures is expected to lead the round, following its recent announcement of a new $3 billion fund. The startup, founded less than three years ago,

According to Yahoo Finance, on Wednesday (July 8), Meta announced its first Canadian data center in Alberta as part of its AI infrastructure expansion. The facility will have 1 GW capacity and become Meta's 33rd global data center with an investment of approximately $9.18 billion. The construction i

According to MSX.COM data, U.S. stock indices closed mixed on July 9: the Dow Jones fell 1.09%, the S&P 500 declined 0.28%, and the Nasdaq rose 0.2%. AI stocks broadly gained, with Arista Networks up 8.76%, CoreWeave up 7.75%, AMD up 7.31%, Baidu up 4.93%, and Broadcom up 4.83%.

According to Business Insider, Amazon issued $25 billion in corporate bonds on July 8 as Big Tech companies expand debt to finance artificial intelligence infrastructure investments. The offering attracted over $62 billion in investor demand, more than double the issuance amount. Morgan Stanley por

According to Calcalist, Alta, an Israeli AI startup for sales and marketing, has raised $25 million in a Series A round led by IN Venture, the investment arm of Sumitomo Corporation. The funding brings Alta's total capital raised to $32 million, following a $7 million seed round. Co-founders

According to Cryptopolitan, scammers have been using AI deepfake technology since early July to create convincing videos of Portuguese football star Cristiano Ronaldo endorsing a cryptocurrency token called USWR. The fraudulent videos feature synthetic audio of Ronaldo's voice and are being widely c

According to Tencent Hunyuan, Hy3 experienced peak computing resource consumption on WorkBuddy on July 8, with queue rates exceeding 50% by afternoon. The team immediately scheduled additional resources to address the surge, completing the capacity expansion. The Hy3 service is now operating

According to Thailand's Board of Investment, the agency approved nine investment projects worth US$1.99 billion on July 8 across AI, advanced electronics, aviation, clean energy, and food sectors. The largest technology approvals included DataSection (Thailand)'s US$235.2 million investment in

According to Reuters, Singapore's state investor Temasek plans to raise its AI-related holdings to as much as 15% of its portfolio over the next five years, from 6% currently. The investor will focus on energy and data centers, semiconductors, cloud service providers, foundation models, AI

According to Elon Musk, xAI will release Grok 4.5 publicly on July 9 following a private beta at Tesla and SpaceX. Musk described Grok 4.5 as an Opus-class model that is faster, more token-efficient, and lower-cost than previous versions. Pricing details were not disclosed, though Musk noted

According to Bank of America's analysis reported by Yahoo Finance on July 9, the U.S. is projected to face a roughly 100-gigawatt power generation shortfall between 2026 and 2030. BofA estimates electricity demand will reach 230 gigawatts, but power generators can only supply 93 gigawatts. The

According to Nvidia, the company recently unveiled technical details of its next-generation Rosa data center CPU, designed specifically for emerging AI agent workloads. Rosa will be paired with the next-generation Feynman GPU and will adopt the new Rigel CPU core, Nvidia's latest custom Arm

The Korea Economic Federation launched the New K-Industry platform on the morning of the 9th at FKI Tower Conference Center, introducing a public-private collaboration framework designed to shape South Korea's future industrial strategy. The initiative responds to structural stagnation in

According to Yonhapnews, on July 9, Korea Chamber of Commerce and Industry (FKI) launched the New K-Industry platform, a public-private partnership aimed at designing future industrial strategy. The initiative introduced four strategic pillars: AI transformation (AX), green transition (GX),