AI Industry Development & Policy Dynamics

According to BlockBeats, Elon Musk stated on July 24 during a 90-minute interview with The Economist that artificial intelligence may surpass human intelligence within 5 years. He predicted that within roughly 10 years, AI and robots could drive the global economy into a "super-abundance" era. Musk

Singapore's sovereign wealth fund GIC stated that Chinese AI models DeepSeek and Kimi are driving down global AI application costs and intensifying model competition. GIC Group CIO Bryan Yeo told the Financial Times that the performance gap between Chinese open-weight models and US closed-source

According to GIC's latest annual report, Singapore's sovereign wealth fund reported that its 20-year inflation-adjusted annual returns fell to 3.4% as of March 2026, down from 3.8% a year earlier and marking the lowest level since 2020. GIC said Chinese AI models such as DeepSeek and Kimi are

Advanced Micro Devices, Inc. stock rose 1% to $544.98 in the overnight session ahead of Friday as its Advancing AI conference wrapped up on Thursday, with analysts turning more optimistic after product announcements and the company's bullish outlook for the CPU and AI markets. CEO Lisa Su unveiled t

According to Beating, Anthropic upgraded Claude's voice mode to support Opus, Sonnet, and Haiku models, allowing users to switch between them during conversations. The voice interface now integrates with Gmail, Google Calendar, Google Docs, and Slack, enabling users to check emails, modify

B Capital appointed Dr. Andrew Jackson as general partner and chief AI officer, leading the firm's AI strategy across investment, portfolio management, and operations. Jackson previously served as group chief AI officer at G42, an Abu Dhabi-based AI and technology company, where he collaborated

According to Google's latest "AI and the Economy ATLAS v1.0" report released on July 24, there is no evidence that artificial intelligence is causing widespread white-collar job replacement. Instead, AI predominantly functions as a collaborative tool assisting humans in completing complex

Kim Yong-beom, Presidential Chief of Policy at the Blue House, proposed a multilateral cooperation strategy with middle-power nations as South Korea's approach to artificial intelligence development amid US-China AI hegemony competition. Kim posted the proposal on his Facebook on the 23rd,

According to Yonhapinfomax, South Korea's Policy Director Kim Yong-beom proposed on July 23 that Korea should pursue multilateral cooperation with mid-sized nations rather than competing directly with the U.S. and China in artificial intelligence. Kim noted that Korea's domestic market of only 50 mi

According to Chosun Daily, on July 24, KAIST and Nvidia announced the establishment of the Nvidia-KAIST AI Joint Research Center at KAIST's Kim Jaechul Graduate School of AI with $300 million in investment and $50 million worth of AI computing resources each year. The center will focus on

The US Center for AI Standards and Innovation recently released an assessment indicating that Moonshot AI's Kimi K3 demonstrated significantly weaker cybersecurity capabilities compared to leading US frontier large language models. The evaluation also found that Kimi K3's security mechanisms still a

According to CoinGecko, meme coins ranked first in crypto sector attention during Q2 2026 with a 12.1% share, followed by AI projects at 11.2%, Base native projects at 7.9%, and real-world assets (RWA) at 5.1%. Solana meme coins accounted for 4.0%, Solana ecosystem 3.4%, Layer 1 platforms 3.2%,

According to Greg Brockman, OpenAI's co-founder, Jacob Tsimerman has joined OpenAI. Tsimerman is a leading mathematician in number theory and arithmetic geometry who previously won the Fields Medal, one of mathematics' highest

According to Korean Economic TV, LS Electric posted record second-quarter revenue of 1.577 trillion won (up 32% year-over-year) and operating profit of 178.5 billion won (up 64%) on July 24, driven by surging AI datacenter demand. New orders soared 243% to 2.0835 trillion won, the highest

According to BlockBeats, on July 24, the combined off-balance-sheet AI-related debt of Alphabet, Microsoft, Amazon, Meta, and Oracle reached $1.65 trillion, up approximately eight-fold from four years prior and exceeding their combined on-balance-sheet liabilities of $1.35 trillion. Under U.S.

According to Bank of America report issued on July 22, Nvidia released its Vera CPU architecture featuring 88 custom ARM cores and 1.2TB/s memory bandwidth, emphasizing that single-core performance determines AI agent response speed. AMD responded on Thursday during its AI Day, stating that its

According to the IMF on July 24, artificial intelligence is reshaping core financial systems but could amplify market volatility and systemic risks. The organization warned that large-scale simultaneous use of AI models may trigger "AI herding effects," where machines based on similar data simultane

Alphabet disclosed a $94.1 billion investment in SpaceX as of June 30 in its latest quarterly report, becoming the second Mag-7 company to hold a stake in the rocket manufacturer. The higher value of SpaceX shares helped drive nearly $99 billion in gains from Alphabet's stock investments during the

According to Bank of America, the firm raised its price target on Nokia to $18.50 from $18, implying a 90% upside to the stock's last closing price after Q2 earnings. Nokia secured approximately €2.8 billion ($3.19 billion) in AI-related order intake during the quarter, substantially exceeding

According to South Korea's Finance Ministry, the country's foreign direct investment (FDI) to the U.S. reached $10.2 billion in the first quarter of 2026, more than doubling year-over-year and marking a five-year high. Samsung Electronics and SK Hynix, among other AI infrastructure beneficiaries, ar