AI Industry Development & Policy Dynamics

According to TechCrunch, OpenAI researcher Miles Wang is founding an AI-focused biotech startup for drug discovery, raising approximately $200 million at a $2 billion valuation. Lightspeed Venture Partners may lead the funding round. The startup plans to develop AI models for identifying new

According to Tencent Hunyuan, its large language model Hy3 achieved a total API call volume increase exceeding 68 times compared to the previous generation model Hy2 as of July 15, just one week after its

According to Beating, Apple has opened access to a new generation of Siri AI through the iOS 27 public beta, with the official version expected to launch this fall. The updated Siri can read emails, photos, and messages, understand on-screen content, and now integrates with Spotlight and includes a

Kazakhstan President Kassym-Jomart Tokayev arrived in Shanghai today to attend the 2026 World Artificial Intelligence Conference and the AI Global Governance Summit.

According to BlockBeats, on July 15, Beating released "WAIC Complete Side Events Guide and Shanghai Dining-Entertainment Guide" themed around "WAIC Amusement Park: Player's Manual," systematizing key activities and city attractions during the WAIC conference from July 17-20. The guide covers AI

According to ChainCatcher, DeepSeek has completed its Series A funding round. Business registration records show that Hangzhou Deepseek AI Technology Co., Ltd. recently added two new shareholders: Hangzhou Chengli Enterprise Management Consulting Partnership and the National AI Industry Investment

According to Owlto's official announcement on July 15, the cross-chain protocol has joined Google's Web3 Startup Program. Through the program, Owlto will receive Google Cloud Credits and gain access to technical, community, and resource support to advance its AI-driven cross-chain infrastructure

According to Beating monitoring and business registration data, DeepSeek's operating entity added the State Artificial Intelligence Industry Investment Fund and Hangzhou Chengli as shareholders, with registered capital increasing to 16.4475 million yuan from 15 million yuan. Hangzhou Chengli holds a

According to Decrypt, citing Appfigures data, AI romantic companion and NSFW applications on Apple App Store and Google Play have generated $427.3 million in consumer spending since late 2022, across 214 applications with approximately 165 million downloads. In the first half of 2026 alone, such "A

According to Securities Times, XPeng completed localization acceptance testing of its second-generation VLA (Vision Language Action) model in Germany on July 14. The model demonstrated strong performance in recognizing complex European road signs and understanding local traffic regulations and

According to The Economist citing Bernstein research on Tuesday (July 14), China's AI chip market has undergone a dramatic reversal in just three years. Huawei now leads with approximately 50% market share and $12.1 billion in annual sales, while Nvidia's compliant chip shipments have plummeted to j

According to Yomiuri Shimbun, Masayoshi Son, chairman and CEO of SoftBank Group, predicted on July 15 at SoftBank World annual conference in Tokyo that by 2040, AI agents will reach 100 trillion and humanoid robots will reach 1 billion. Son stated that AI will contribute approximately 20 percent of

According to sources cited by Odaily, Apple and Baidu will collaborate to develop artificial intelligence features for Chinese iPhone users, with Baidu focusing on an AI-powered search function as part of Apple Intelligence suite. The service will process images and text, and upgrade China's Siri

According to analyst jukan from Citrini, Samsung Electronics is currently considering outsourcing the backend design work for Google's 10th-generation 2nm TPU "Icefish" I/O Die, with inquiries already made to design solution partners. The TPU, used to run Google's AI models including Gemini, is

According to Prime Minister Anthony Albanese on Wednesday (July 15), Australia announced the establishment of an AI office under the Prime Minister's office to manage artificial intelligence standards and oversee coordinated government response across cabinet departments. The government will

According to Beating, Anthropic released a new advertisement titled "Hope Lies in Hard Problems," which sparked controversy after its debut. The ad opens with burning houses, surveillance footage, homeless individuals, and graveyards—imagery critics say resembles an AI apocalypse trailer rather

According to China's Ministry of Industry and Information Technology (MIIT), on July 15, the government released a list of 285 typical AI application cases covering chip systems, cloud computing services, training clusters, and deep learning frameworks across telecommunications, power, energy,

According to a White House official on Tuesday, the Trump administration has not ruled out taking further administrative action against open-source artificial intelligence models. The statement comes after a voluntary review mechanism for AI models was

Samsung Active Asset Management, NH Amundi Asset Management, KB Asset Management, and Kiwoom Investment Asset Management launched AI infrastructure exchange-traded funds on May 14 on the Korea Exchange. The four Korean Stocks ETFs focus on optical communications and physical AI investments as AI