AI Industry Development & Policy Dynamics

According to ZhiTong Financial, mainland Chinese investors achieved net inflows of 90.38 billion HKD on the Hong Kong stock market on July 13, with Hong Kong Connect (Shanghai) accounting for 78.74 billion HKD and Hong Kong Connect (Shenzhen) for 11.64 billion HKD. Zhipu AI (02513) attracted the la

According to South China Morning Post, Chinese AI company Zhipu AI said it would prioritize artificial general intelligence research over near-term commercialization. In an internal letter, co-founder Tang Jie stated the company would spend the next two years on AGI-related research, including

According to Odaily, Meta Platforms on Monday announced an additional $40 billion investment in its Louisiana data center project, bringing the total projected investment to over $250 billion. The company plans to expand the rural facility to at least 5 gigawatts of computing capacity, supporting it

According to Beating, Omar Yaghi, who won the 2025 Nobel Prize in Chemistry, has left UC Berkeley to join Tsinghua University as a chair professor. He will lead the establishment of AIMATRY (AI Materials Chemistry Research Center), bringing together teams from chemistry, chemical engineering,

According to Morgan Stanley's July 10 report, the combined capital expenditure of Microsoft, Google, Amazon, Meta, and SpaceX on AI infrastructure is expected to reach $1.4 trillion by 2028, representing over 3x growth from 2025. Available computing capacity will expand from 30GW to 120GW. Meta

Meta announced Monday that its Hyperion data center project in Richland Parish, Louisiana will expand to a 5-gigawatt facility costing over $50 billion, significantly higher than the $27 billion figure revealed in October when Meta and Blue Owl Capital formed a joint venture for the site. The

NinjaTrader Group created its first Chief Innovation & AI Officer role and appointed Brian Weis to the position, while hiring Stephen Yi as Chief Product Officer. The executive restructuring reflects the retail trading platform's strategic focus on artificial intelligence as brokers compete to

NinjaTrader has appointed Brian Weis as its first Chief Innovation & AI Officer, a newly created executive position, and named Stephen Yi as Chief Product Officer. Weis, previously Chief Product Officer, will lead the company's AI strategy, agent-native platform development, Model Context Protocol i

The Ethereum Foundation's Protocol Security team deployed a coordinated fleet of AI agents to hunt for vulnerabilities in critical protocol code. The effort successfully uncovered genuine security issues, including a remotely triggerable panic in the libp2p gossipsub library that underpins Ethereum'

South Korean stocks entered technical oversold territory on July 13 after the KOSPI index fell 64.91 points to 7412.03, marking a decline of over 20% from its recent peak recorded last month, according to Samsung Securities. Analyst Yoo Seung-min attributed the drop to concerns over an artificial in

According to the Ethereum Foundation, its Protocol Security team deployed coordinated AI agents to hunt vulnerabilities in critical protocol code, uncovering a remotely triggerable panic in the libp2p gossipsub library that powers Ethereum's peer-to-peer communications. The vulnerability has been di

According to PYMNTS, Cursor is developing a universal AI agent codenamed Sand, designed for non-developers to handle email and message replies, organize spreadsheets, and manage engineering-related tasks. The tool marks Cursor's expansion beyond coding assistance into general enterprise

According to SoftBank, the company and Yaskawa demonstrated a deformable object manipulation system using SoftBank's AI Data Center Graphics Processing Unit Cloud in collaboration with Nvidia on July 13. The platform covers robot motion data collection, AI training, evaluation, and deployment on

According to BlockBeats, Robinhood is rolling out AI Agent trading functionality to U.S. users on July 13, allowing eligible users to connect AI agents from Anthropic, OpenAI, and Grok to dedicated accounts for automated crypto trading. The feature includes real-time profit and loss tracking and

Webull Malaysia has launched an OpenAPI allowing retail investors to use artificial intelligence tools to trade directly through their brokerage accounts, making the platform one of the first Southeast Asian retail brokers to offer AI-assisted trading to everyday investors rather than only

According to PANews, YC partner Tom Blomfield announced today (July 13) that he is temporarily leaving Y Combinator to join Anthropic. Blomfield will work with Tom Brown on the computing team.

According to SimpleAI, the Singapore-founded AI startup has raised a US$5 million seed round and secured a US$10 million debt facility, valuing the company at US$50 million. Founded in 2023, SimpleAI builds AI agents for accounting and finance teams. The funding will support an acquisition-led