AI Industry Development & Policy Dynamics

According to JPMorgan Chase on July 8, the bank raised its 2026 target price for Zhipu (ChatGLM) from 1,800 HKD to 2,000 HKD while cutting MiniMax's target from 400 HKD to 300 HKD. JPMorgan cited a "winner-takes-all" dynamic in open-source large language

Rep. Ro Khanna (D-Calif.) drew attention for his early investment in SanDisk Corp. stock, which has risen over 2,300% since he first purchased shares in August last year. Khanna's investment strategy gained further recognition after cybersecurity company Tenable Holdings announced a partnership

The International Labour Organization released a policy brief on Wednesday, July 8, examining how generative artificial intelligence affects nearly 80 million workers across the Association of Southeast Asian Nations. The brief found that 3.3% of employment is concentrated in occupations with the

Mirae Asset Asset Management is launching an active ETF focused on US tech stocks listed on the New York Stock Exchange, with the TIGER US Tech NYSE100 Active ETF scheduled to list by the end of this month. The product uses the NYSE100 index as its benchmark, which allocates 73% to the IT sector — h

According to Congressional disclosure records tracked by Quiver Quantitative, Rep. Ro Khanna accumulated approximately $500,000 in Tenable Holdings shares between April 2025 and February 2026, before the cybersecurity company announced a partnership with OpenAI on June 22, 2026. Since the

The International Labour Organization released a policy brief on July 8, 2026, analyzing generative AI's impact on nearly 80 million workers across ASEAN member states. According to the brief, Singapore has the highest share of workers with significant GenAI exposure at 42.2% of total employment,

SambaNova, an AI chip startup, raised $1 billion in financing announced Wednesday, reaching an $11 billion valuation as investors continue backing companies challenging Nvidia. The funding round was led by General Atlantic with participation from Seligman Ventures, T. Rowe Price, and Capital

According to CNBC, AI chip startup SambaNova raised $1 billion in financing on Wednesday, bringing its valuation to $11 billion. The funding round was led by General Atlantic with participation from Seligman Ventures, T. Rowe Price, and Capital Group. The company, which competes with Nvidia in the i

According to a Salesforce and YouGov survey conducted between December 2025 and January 2026, only 6% of desk workers in Singapore use AI as a core part of their daily work, compared with 11% globally. Meanwhile, 29% of Singapore respondents identified as AI skeptics, below the 37% global figure.

Terawulf signed a 20-year lease with Anthropic at its Justified Data campus in Hawesville, Kentucky, expected to generate about $19 billion in contracted revenue over the initial lease term. The company is selling its 50.1% stake in the Abernathy Joint Venture to an investor group led by

According to Bitcoin.com News, Terawulf signed a 20-year lease with Anthropic at its Justified Data campus in Hawesville, Kentucky, expected to generate approximately $19 billion in contracted revenue over the lease term. The campus will support 401 megawatts of critical IT load, with initial

According to Alipay, on July 8, the company integrated AI agent Xiaoyu into its Tap! merchant devices to enable AI-powered tools for offline businesses in China. The Tap! platform, launched two years ago, now supports 30 million devices, 400 million users, and millions of merchants. With the integra

Researchers have discovered a new prompt injection attack called HalluSquatting that affects nine popular AI coding tools including Cursor, GitHub Copilot, and Gemini CLI. The attack exploits large language models' inability to distinguish between legitimate and malicious instructions, combined

According to Guru Club, Quantum Strategy announced on Monday that it will exit U.S. tech giants and AI investments outside China, shifting capital toward Chinese AI-related stocks instead. The research firm stated it is withdrawing funds from major U.S. technology companies and turning more

According to Robbyant, an embodied AI company under Ant Group, the company upgraded and open-sourced LingBot-VLA 2.0 on July 8, while releasing LingBot-Depth 2.0 and LingBot-Vision on July 6. LingBot-Depth 2.0 was trained on 150 million samples and ranked first in 12 of 16 depth-completion

According to Beating monitoring, Perplexity is developing Teammate, an AI coding tool designed to compete with Cursor, Claude Code, and OpenAI Codex. The tool has been in internal use among Perplexity engineers since May, targeting longer-cycle software engineering tasks including project

According to CNBC and China Central Television, Chinese AI large models are priced 60% to 90% lower than leading U.S. models from OpenAI and Anthropic as of July 2026, while maintaining a performance gap of only 6 to 9 months. The cost advantage has driven rapid adoption among American

Rebellions, a Samsung-backed AI chip firm, is targeting an initial public offering in South Korea in the first or second quarter of next year, CEO Sunghyun Park told CNBC exclusively on Wednesday. The company aims to capitalize on massive investor interest in AI chips as it now generates real

According to CNBC, Rebellions, a Samsung-backed AI chip startup, is targeting an initial public offering on South Korea's KOSPI in the first or second quarter of 2027. CEO Sunghyun Park said the company is leaning toward the KOSPI listing over alternatives, with JP Morgan and Samsung Securities

According to Foresight News, BitTorrent's BTTC Bridge closure plan (Sunset Program) has been completed. The BitTorrent team announced it will now focus on decentralized artificial intelligence development and maintaining the BitTorrent decentralized protocol. All user funds remain secure, and