AI Industry Development & Policy Dynamics

South Korea's Ministry of Science and ICT announced the Agentic AI Initiative at the 11th Science and Technology Ministers' Meeting held on the 23rd, unveiling a national strategy to secure leadership in the agentic artificial intelligence ecosystem. The government identified agentic AI — systems th

Nvidia CEO Jensen Huang stated on the 22nd that Chinese open-source artificial intelligence models are "very excellent" and US companies "should use" them, according to an Axios report. Huang warned that restricting open-source models could weaken US competitiveness in the AI sector. His comments co

According to The Information, over the past six months at least five U.S. startups and small companies with 20-70 employees have terminated Salesforce or HubSpot contracts, switching to AI coding tools such as Anthropic's Claude Code, Replit, and Lovable to build custom CRM and business systems.

According to Alphabet's second-quarter earnings release announced this week, the company doubled its capital expenditure to $44.9 billion in Q2 2026 and raised its full-year guidance to $195-205 billion, with expectations of significant further growth in 2027. The increased spending reflects

According to U.S. Treasury Secretary Scott Bessent, speaking on social media recently, he stated support for open-source AI and its innovations, but cautioned that open-source is not a justification for infringing on U.S. intellectual property. If Chinese companies conduct covert, industrial-scale r

South Korea's Ministry of Science and ICT announced AI ecosystem strengthening policies on July 23, including next-generation small modular reactors (SMR, 300MW class) and physical AI port development. Deputy Prime Minister and Minister Bae Kyung-hoon chaired a science and technology ministerial

Franklin Templeton identified blockchain technology as the next major protagonist in the artificial intelligence era, according to a CoinDesk report published on local time the 22nd. Sandy Kaul, head of Franklin Templeton, stated this prediction as the industry transitions from generative AI to

According to Yonhapinfomax, South Korea's Ministry of Science and ICT announced multiple technology initiatives on July 23, led by Vice Premier Bae Kyung-hoon. The government will advance next-generation small modular reactors (SMRs, 300 MW capacity) by developing business models and fostering

According to Yonhap Infomax, Coreweave (NAS: CRWV) and Nebius (NAS: NBIS) rallied on July 22-23 after Alphabet executives announced plans to use third-party computing providers to address capacity shortages. Coreweave closed up 3.85% at $82.64 and rose an additional 3.45% in after-hours trading,

SpaceX (SPCX) stock has been falling for seven straight trading days. As of July 22, it was $115.26, a new low since listing—far below the $150 IPO issue price from its June 2026 launch. The immediate trigger for the accelerated selloff was SpaceX’s announcement that it would acquire the AI coding agent company Cursor for $60 billion; after the news broke, selling pressure noticeably intensified. SPCX Stock’s Seven-Day Losing Streak SpaceX’s downward trajectory is as follows: after the IPO, the

The UK Financial Conduct Authority (FCA) announced on July 23 that the second phase of its “Supercharged Sandbox” program has officially launched. Anthropic will provide Claude AI models to 21 participating organizations, including Claude Code and Claude Cowork. A total of 199 applications were received for the second phase, up 51% from the first round. FCA Second-Phase Supercharged Sandbox Technology Partnership Framework According to the FCA announcement, the technical collaboration framework

According to ChainCatcher, DeepSeek founder Liang Wenfeng stated in a recently circulated investor meeting that the company's goal is to achieve AGI, not become a super app. The company will not develop 3D generation, video generation, or world models, and will remain open-source. Liang said

According to a Grayscale Worldcoin ETF filing with the SEC, disclosed recently via Protos, approximately 90% of circulating WLD tokens are concentrated in just 100 wallets, contrasting with the project's vision of fair distribution to as many people as possible. The filing also revealed that World

According to Axios on Wednesday (July 22), Nvidia CEO Jensen Huang said Chinese open-source AI models are "very excellent" and American companies "should use" them. Huang warned that restricting open-source models could weaken U.S. competitiveness in AI. He stated that cheaper, more open AI models w

According to TechCrunch, Israeli workplace software firm monday.com cut about 20% of its workforce, or approximately 630 employees, recently to accelerate investment in its AI Work Platform. The company expects net charges of US$45 million to US$55 million from

Chuzhu Technology released guidance projecting first-half 2026 revenue growth of 34.3% to 38.8% year-over-year, according to its public disclosure. The growth is driven by expansion in AI-powered social and short-form video businesses, the company

According to ChainCatcher, on July 15, Randy Xia, a team member at Moonshot AI (Kimi), responded to allegations from U.S. White House Technology Policy Director Michael Kratsios regarding the K3 model. Xia noted that Anthropic's Fable was released on July 1 and K3 went online on July 15, meaning the

According to Bitcoin.com News, Ark Invest CEO Cathie Wood said on July 23 that SpaceX could become "the most important company in global history" despite its stock price falling 48% from peak to $116.95, down 13% from its IPO price of $135. Wood highlighted Starlink's 70% share of in-orbit

According to BlockBeats, South Korea's President Lee Jae-myung will meet with leaders of major AI companies in San Francisco during his visit to the United States on July 23. The meetings will include Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and Broadcom CEO Hock T

According to Bitcoin Magazine, Lightning Labs released the alpha version of Wavelength on July 23, a toolkit providing non-custodial API access to self-hosted Bitcoin payments for developers and AI agents without requiring node operation, channel management, or liquidity provisioning. The tool