AI Industry Development & Policy Dynamics

According to Bloomberg, LingChu AI is raising nearly $100 million at a $1.48 billion valuation today. Chery leads the financing round, with other investors including BlueShift Technology.

According to Guru Club, on July 23, Elon Musk said Grok 4.5, while not as advanced as Fable, is very fast, cost-effective, and capable of completing tasks.

Alphabet reported second-quarter revenue of $119.8 billion, up 24% year-over-year, but generated negative free cash flow of roughly $5.9 billion for the first time as a publicly traded company due to a dramatic surge in artificial intelligence infrastructure spending. Google Cloud revenue

According to BlockBeats, foreign investment applications in Thailand reached 1.37 trillion baht (approximately $406 billion) in the first half of 2026, surging 80% year-over-year, driven by interest in artificial intelligence and data center projects. Thailand's Board of Investment received 1,299 t

According to Odaily, Bitcoin miner Bitdeer Technologies Group produced 990 BTC in June, up 7.5% from 921 BTC in May and up 388% from 203 BTC a year ago. Self-mining hashrate reached 73 EH/s, compared to 70.2 EH/s in May. The company's AI Cloud annualized revenue run rate increased to

According to Zhitong Finance, iFlytek Healthcare (02506) unveiled an upgraded Xiaoyi health management platform and launched a full-scenario ecosystem cooperation plan at the World Artificial Intelligence Conference 2026 (WAIC 2026) held July 17–20 in Shanghai. The company showcased its

Franklin Templeton, managing approximately US$1.8 trillion in assets, identified agentic AI as the breakthrough application that will drive mainstream blockchain adoption, according to a digital assets note published Wednesday. Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton,

According to Franklin Templeton's digital assets note published Wednesday, the firm (managing $1.8 trillion) identified agentic AI as blockchain's breakthrough use case, arguing autonomous software agents shut out of the banking system will settle payments on public networks instead. Because agents

Anthropic's AI model Claude Sonnet 5 disproved the 87-year-old Jacobian conjecture on the 21st (local time), according to CoinDesk. Anthropic researcher and Harvard fellow mathematician Levente Alpoge posted on X (formerly Twitter) that "the Jacobian conjecture is false," sharing the specific

According to CoinDesk, Anthropic researcher Levent Alpöge announced on July 21 that Claude 3.5 found a concrete counterexample to the Jacobian conjecture, an unsolved mathematical problem posed in 1939. The breakthrough appeared in a post on X (formerly Twitter), where Alpöge—a mathematician and

Nokia Oyj's (NOK) stock jumped more than 6% overnight in New York trading after the Finland-based telecom company posted fiscal second-quarter (Q2) results on Thursday. The gains followed Q2 revenue rising 8% year-on-year to €4.82 billion and earnings of €0.07 per share, both matching analyst

The Korea Institute of Science and Technology (KIST) launched Korea's first industry-academia-research council for AI data center thermal management on the 23rd. KIST held the '2026 AI Data Center Thermal Management Council Inauguration and Commemorative Symposium' at its Seoul headquarters in

According to the Korea Institute of Science and Technology (KIST), the organization launched Korea's first industry-academia-research consortium dedicated to thermal management for AI data centers on July 23. The inaugural meeting drew nearly 300 experts from 45+ institutions, including Samsung

According to Beating, ByteDance's Seed division launched a STEM scientist program on July 23 to recruit 100 leading researchers. Participants will collaborate with the Seed team for approximately 6 months to solve real-world research problems using AI. The initiative offers two participation

According to a research report from Hana Securities on July 24, the key evaluation metric for global AI investment is shifting from capital expenditure (Capex) to efficiency and profitability. The report noted that with AI infrastructure investments already expanding to hundreds of billions of

According to CNBC, on July 22, AMD announced a strategic partnership with Anthropic involving up to $5 billion in investment and a commitment to supply its latest AI chips at scale. The chipmaker will invest up to $5 billion in the Claude AI model developer, while Anthropic has agreed to become a ma

According to Beating, Poolside recently open-sourced Laguna S 2.1, a 118-billion-parameter mixture-of-experts code model that activates only 8 billion parameters per inference and supports 1 million-token context windows. On the Terminal-Bench 2.1 benchmark, Laguna S 2.1 achieved 70.2%, surpassing

KT announced on July 23 that it will use approximately 3,500 nationwide telecom stations as edge data centers to support the expansion of physical AI infrastructure. KT CEO Park Yoon-young made the statement after a meeting with Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon an

According to Yonhapinfomax, on July 23, KT announced a plan to invest 5 trillion won over the next five years in AI data centers (AIDC) while leveraging approximately 3,500 telecom facilities nationwide as edge data centers to support

The White House has intensified tensions in the global artificial intelligence race by accusing Chinese startup Moonshot AI of improperly using Anthropic’s technology to develop its latest Kimi K3 model. The allegation marks one of the strongest public accusations yet from U.S. officials over the u