AI Industry Development & Policy Dynamics

According to Legora, the legal AI software company raised $550 million in a Series E round led by Atreides Management at an $8.8 billion post-money valuation, up from $5.6 billion in its previous round. The company said annual recurring revenue has surpassed $200 million, with its Singapore team

This study analyzed 130 Web3 projects that directly interact with model tokens, using on-chain verifiable data from September 13 to October 12. Excluding OpenRouter itself, verifiable or estimated model-related payments over 30 days totaled about $8.7 million. Venice alone accounted for about $7.2 million (83%), while the other 100-plus projects combined accounted for about $1.5 million. Research Methodology and Scope: Only On-Chain Verifiable Data The $8.7 million total combines three component

Anthropic announced Wednesday, October 21, the preview launch of Claude Duet, an AI agent designed for small businesses and professionals to compete with Meta Muse and OpenAI Dots. Claude Duet provides daily summaries, tracks linked applications, and performs tasks including creating dashboards,

The 2026 Steam Next Fest kicked off on October 19. The Steam page listed 8,011 entries that day, a record high and about twice the size of the June 2026 event. According to data from SteamDB checked by Crypto City on October 21, the event featured 7,217 new games, 2,626 of which had a generative AI tag, accounting for more than 36%. Steam Next Fest Opens: 8,011 Entries Set a Record High The Steam Next Fest page listed 8,011 entries on October 19, 2026, a record high. For comparison, about 1,000

Tesla shares fell more than 3% in after-hours trading on October 21. The Q3 2026 financial results released that day showed the company generated $28.05 billion in revenue. During the earnings call, CEO Elon Musk disclosed that Optimus humanoid robots had begun production on a high-volume production line at the Fremont factory and that the AI5 chip is expected to be integrated around April 2027. The target timeline for external commercial deliveries is the end of 2027. Tesla Q3 2026 Earnings: $2

At GTC Berlin on October 22, Nvidia CEO Huang Renxun announced that Vera Rubin has entered full mass production. The full-liquid-cooled, cable-free GPU system reduces compute node assembly time from two hours (Grace Blackwell) to under five minutes, improving manufacturing efficiency and

The Financial Times published an exclusive report on Oct. 21, quoting three people who were present as saying that U.S. Treasury Secretary Scott Bessent said at a private event closed to the media, “I’m very good at figuring out when a system is having problems,” and added, “I don’t see systemic problems,” dismissing concerns about systemic risks from a bubble in the AI investment boom. Financial Times: Bessent spoke at a closed-door meeting The Financial Times published an exclusive report on W

Southeast Asia has achieved generative AI adoption among 243 million people in less than three years, according to the annual e-Conomy SEA report released Wednesday by Google, Temasek and Bain & Company. Despite this widespread adoption—equivalent to 58% of the working population and occurring

According to Google, Temasek and Bain & Company's e-Conomy SEA 2026 report released on Wednesday, generative AI adoption in Southeast Asia has reached approximately 243 million people in less than three years, equivalent to 58% of the region's working

According to PANews, on October 22, Arc (Circle's Layer 1 blockchain) launched Arc Portal (portal.arc.io), a new ecosystem hub. Users can conduct asset swaps, transfers, and yield operations through the portal, as well as browse applications built on Arc. The platform also supports AI agents with

According to reports on October 21-22, OpenAI's GPT-5.6 Sol discovered two critical PHP engine vulnerabilities, collectively known as PHP2Shell, with a CVSS severity score of 9.2. The flaws allow attackers to execute arbitrary code on servers without requiring credentials. In response, the Dutch

According to PANews, Kling 4.0 API officially launched today and will be progressively made available to enterprises and developers globally. The latest model from Kling can generate videos of up to 30 seconds natively and supports extended shots and continuous narrative

According to Shin Times financial news, Tianjin University unveiled China's first domain-specific large language model for energy storage on October 20, with technological support from Hong Kong-listed knowledge technology company Zhuoyue Ruixin (02687). The model, built on four core datasets

According to a Hong Kong stock exchange filing, Shenyanzhineng (02723) and Huawei Cloud Computing signed a cooperation memorandum on October 22 to jointly develop enterprise intelligent marketing cloud solutions. The partnership aims to combine both parties' expertise in cloud technology and intelli

POSCO Future M signed a contract with US-based Palantir on the 22nd to introduce the Foundry data operations and analytics platform and AI platform. The partnership aims to drive artificial intelligence transformation across the South Korean battery materials manufacturer's operations. The AI

According to Yonhap Infomax, POSCO Future M signed a contract with U.S. software firm Palantir on October 22 to deploy data analytics platform Foundry and AI platform AIP. The South Korean battery materials company expects the AI adoption to improve business responsiveness by over 60%, increase

Bloom Energy (NYS:BE) stocks closed up 7.13% at $238.53 on October 21 (local time) following comments from Elon Musk highlighting power and cooling as primary constraints on AI development. During SpaceX's Q3 earnings conference call, Musk stated that power and cooling are delaying AI progress

According to the Financial Times, U.S. Treasury Secretary Janet Bessent said Wednesday, October 21, that she sees no systemic risk in the artificial intelligence industry, dismissing comparisons between the AI boom and the dot-com bubble by invoking the failed pet supplies retailer Pets.com. The

According to TIKR, Bloom Energy (NYSE:BE) stock rose 7.13% to close at $238.53 on October 21, boosted by comments from SpaceX CEO Elon Musk during the company's Q3 earnings call. Musk stated that power

SpaceX is offering a 20% pay increase to employees deployed to its Memphis, Tennessee artificial intelligence datacenter construction project, according to an internal email obtained by Business Insider on the 21st (local time). The bonus aims to accelerate the buildout of AI supercomputer