AI Industry Development & Policy Dynamics

On July 10, 2026, South Korean storage-chip giant SK hynix officially began trading on the Nasdaq Global Select Market in the United States. The stock started trading under the temporary ticker code “SKHYV” ahead of the issuance, and is planned to switch to the official ticker “SKHY” on July 13. SK hynix Chairman Choi Tae-won traveled to New York to attend the bell-ringing ceremony. This IPO was priced at $149 per ADR (American depositary receipt), issuing 177.9 million ADRs and raising about $2

According to Bernstein analysts, on July 10, Japanese automakers' interest in humanoid robots is resurfacing. Mitsubishi Motors signed a memorandum of understanding with a Japanese startup to jointly develop and mass-produce humanoid robots. Bernstein forecasts global humanoid robot shipments

Yield Guild Games launched vibecode.game on July 9, an editorial and discovery platform where creators can publish and monetize vibe-coded browser games. The platform will co-host a four-week global game jam with Minds by Animoca Brands starting July 13, offering a US$5,000 prize pool split

Young Americans are living with parents at record rates as homeownership becomes increasingly unaffordable, while New York State deploys artificial intelligence to eliminate outdated regulations and the 2026 World Cup drives a surge in remote work arrangements. Census data analyzed by John Burns

OpenAI on Thursday (July 9) released its GPT-5.6 model series with three versions named after celestial bodies: the flagship GPT-5.6 Sol, balanced GPT-5.6 Terra, and lightweight GPT-5.6 Luna. According to CEO Sam Altman, Sol improves token usage efficiency by 54% compared to its predecessor in AI ag

According to Zhitong Caijing, Magtron (002851.SZ), a power conversion and AI data center power supplier, has recently filed an IPO application with Hong Kong Exchanges and Clearing. In Q1 2026, the company reported revenue of 2.788 billion yuan, up 20.35% year-over-year, but net profit fell 66.58% t

Doosan, a South Korean conglomerate with a market capitalization exceeding 22 trillion won, saw its stock price surge over 16% on July 10, reaching 1,397,000 won at 2:46 PM. The rally followed overnight Reuters reports that Meta plans to build 7 gigawatts (GW) of AI computing infrastructure this

According to Seoul Economic, Doosan shares surged 16.13% to 1.397 million won on July 10 after Meta announced plans to build 7 gigawatts of computing infrastructure this year. The company, which produces advanced materials including copper clad laminates for AI accelerators, is expected to benefit f

According to Guru Club citing the Wall Street Journal, China is considering tightening technical controls over homegrown AI companies, including DeepSeek and Moonshot AI, as of July 10. Chinese models have gained significant traction in the U.S., becoming core tools for companies across Silicon

According to Reuters, Meta Platforms will begin producing its custom-built AI datacenter chip codenamed Iris in September, driving gains across semiconductor equipment stocks. The news sparked a rally in wafer fabrication equipment (WFE) suppliers including Applied Materials, Lam Research, and

According to TechCrunch, Paris-based AI voice startup Gradium completed a $100 million seed funding round, with Nvidia among the new investors. Founded by Neil Zeghidour, a researcher formerly at Google Brain, DeepMind, and Facebook, Gradium emerged from Kyutai AI laboratory and focuses on

According to Foresight News, three.ws, a 3D AI agent layer platform, recently joined Nvidia's Developer Program. Its free text-to-3D engine is now running on Nvidia NIM, with the two companies collaborating to further enhance the technology stack by providing additional models, increased computing p

LG Energy Solution and Shinhan Asset Management's 'Haetbit Distribution Network Energy' consortium were selected on the 10th as an operator for the Ministry of Climate, Energy and Environment's '2026 AI-Utilized ESS Construction Support Project.' The selection aims to alleviate connection delays and

According to South Korea's Climate Energy and Environment Ministry, LG Energy Solution was selected on July 10 to operate the government's first AI-enabled battery energy storage system (ESS) project for power distribution networks. The company's consortium with Shinhan Asset Management secured 7 di

According to media interviews, Meta CEO Mark Zuckerberg recently denied claims that the company has excess computing capacity, stating that market demand for AI computing resources is extremely high. Zuckerberg indicated that Meta is considering renting out portions of its AI infrastructure to

Temasek Holdings, Singapore’s sovereign wealth fund, announced that due to an investment loss of about $275 million caused by the FTX collapse and uncertainty in the crypto regulatory environment, it will not make any direct crypto investments in the short term. At the same time, the company plans to increase AI investments over the next 5 years, targeting an increase in the AI investment share from 6% in Q1 2026 to 15% by 2031. $275 million FTX losses and the backdrop for the pause in crypto in

According to an exclusive report by Reuters on July 10, internal memos from Meta show that the next-generation self-developed AI chip "Iris" is expected to begin production in September this year, designed in collaboration with Broadcom and manufactured by TSMC. Iris is part of Meta's self-developed chip project (MTIA), aimed at improving AI functionalities on Facebook and Instagram. Reuters: Iris AI Chip to Start Production in September, Designed by Broadcom, Manufactured by TSMC Citing an inte

According to 優分析 (UAnalyze), U.S. stock markets saw a notable shift in AI-related capital allocation in early July, with funds rotating away from semiconductor and AI supply chain stocks toward software companies. Memory makers and other AI supply chain firms declined 10% to 25% from the month's