AI Industry Development & Policy Dynamics

According to ChainCatcher, AI data center developer Hyperscale Data purchased an additional 32.49 BTC on July 14, bringing its total holdings to 1,032.49 BTC.

According to CNBC, on Tuesday, July 14, New York Governor Kathy Hochul signed an executive order barring the construction of new large-scale data centers using 50 megawatts or more of power for up to one year, making New York the first state in the nation to impose such a ban. Hochul cited

Apple is in talks with PrismML, a Khosla Ventures-backed startup, to evaluate AI model compression technology that could enable powerful AI models to run directly on iPhones, PrismML CEO Babak Hassibi told CNBC. PrismML publicly released compressed versions of Alibaba's Qwen model on Tuesday,

According to CNBC, Apple is evaluating PrismML, a startup whose technology can compress powerful AI models to run directly on iPhone while reducing memory usage by up to 15 times, according to CEO Babak Hassibi. If verified in practical tests, the breakthrough could enable faster and more

A U.S. trade official testified on Tuesday that very few of Nvidia's H200 artificial intelligence chips have been shipped to China and Hong Kong. Under Secretary of Commerce for Industry and Security Jeffery Kessler stated at a congressional hearing that 'very few shipments against licenses for H200

According to MSX.COM data, U.S. AI application software stocks rebounded today after opening lower. Palantir rose nearly 3% after declining as much as 6%. Cloudflare gained over 5%, Snowflake climbed over 3%, and AppLovin advanced nearly 2%.

JPMorgan Chase Chief Financial Officer Jeremy Barnum urged employees on Tuesday to use appropriate AI models for routine tasks, avoiding expensive advanced systems unnecessarily. Speaking on the company's Q2 earnings call, Barnum noted that sophisticated models are not required for tasks like

According to The New York Times, ChatGPT has begun displaying World Cup match predictions from prediction market platform Kalshi, marking OpenAI's first disclosed collaboration with a prediction market platform. When users search for FIFA World Cup matchup information in ChatGPT, the system now

According to BlockBeats, U.S. Commerce Department officials announced on July 15 that regulatory measures on chips and artificial intelligence are coming soon. The officials did not disclose specific details of the forthcoming measures.

Google is celebrating the 25th anniversary of its image search feature by refreshing the search experience with AI-curated image galleries. The company launched the first version of image search in July 2001, a quarter century after engineers recognized users wanted to see images rather than read

According to Google, the search giant is celebrating Google Images' 25th anniversary, which was launched in July 2001, by refreshing the interface with expanded AI capabilities. The revamped Google Images will feature a personalized gallery of images updated continuously based on users' search and b

Federal Reserve Governor Barr is set to speak on artificial intelligence at the Federal Reserve's annual financial inclusion conference in the coming minutes.

According to Bloomberg, on July 15, drone company Brinc announced completion of a $125 million funding round led by existing investor Motorola Solutions, with Index Ventures and Dylan Field participating. The company focuses on deploying AI-powered drone technology for public safety applications, in

According to Foresight News, the NEAR Foundation recently joined the x402 Foundation to handle payments and coordination for AI agents through its infrastructure. The partnership leverages four NEAR technologies: NEAR Intents for universal liquidity and confidential execution, NEAR AI for privacy-p

Boundless, a zero-knowledge startup initially focused on settling zero-knowledge proofs on Bitcoin, is expanding its distributed GPU network to support artificial intelligence inference workloads. CEO Shiv Shankar announced on Tuesday that the company is shifting capacity originally developed for

According to The Block, on July 14, Boundless expanded its approximately 4,000-unit GPU network from providing zero-knowledge proving (ZK proving) for blockchain networks like Ethereum and Base to supporting AI inference workloads. The company has optimized hardware, task scheduling, and routing, an

South Africa's listed property sector is integrating AI into operational workflows after establishing foundational digital technologies across property management, marketing platforms, and data reporting tools. The sector is shifting focus from technology adoption to translating digital capability i

According to ChainCatcher, cloud computing provider Nebius Group announced it has agreed to sell over $1 billion worth of compute capacity to AI model developer Reflection AI. The agreement runs through 2029, with Reflection AI gaining access to NVIDIA GB300 AI chips to support its AI model

According to ChainCatcher, Nous Research, the developer of open-source AI agent Hermes, recently completed a funding round of at least $75 million, bringing the startup's post-money valuation to $1.5 billion. Robot Ventures led the round, with Union Square Ventures and other institutional