AI Industry Development & Policy Dynamics

Xbox CEO Asha Sharma joined the Federal Reserve's Productivity and Jobs task force on Thursday, days after announcing the largest restructuring in Xbox history. The task force will study the economic impact of artificial intelligence and other emerging technologies on jobs, productivity, and the

According to the Federal Reserve, Asha Sharma, Xbox CEO, joined the central bank's Productivity and Jobs task force on Thursday, days after announcing 3,200 job cuts. Sharma will study how artificial intelligence and emerging technologies could reshape jobs and the economy alongside Marc

According to CNBC and posts on X, Elon Musk and Sam Altman engaged in a sharp public exchange on Saturday after Apple filed a lawsuit against OpenAI on Friday alleging theft of trade secrets. Musk called Altman "Scam Altman" in multiple posts and accused him of scamming, with Altman responding

Sam Altman accused Elon Musk on Saturday of using unproven claims about space data centers to attract public market investors, escalating a feud between the two tech leaders. The accusation referenced SpaceX's AI1 satellite program, which combines SpaceX and xAI to build orbital compute nodes with u

On Saturday, according to his X post, Sam Altman accused Elon Musk of using unproven claims about space data centers to attract public market investors. Altman's remarks targeted SpaceX's AI1 satellite program, which combines SpaceX and xAI to build orbital compute nodes. He previously stated on

A majority of U.S. employees now support holding corporations accountable through an AI sovereign wealth fund, according to a national survey conducted in June by research firm Verasight. The survey of 1,690 adults, published earlier this month, found that 69% of Americans support forcing AI firms t

According to a Verasight survey of 1,690 adults carried out in June and published earlier this month, 69% of Americans support forcing AI companies to transfer 50% of their stock to a public sovereign wealth fund. The findings reflect growing worker dissatisfaction over escalating tech layoffs

According to Forbes, YouTube is grappling with an influx of AI-generated content following OpenAI's Sora shutdown, raising concerns about deepfakes and platform quality. The video-sharing platform hosts approximately 290 million videos, with AI-generated content accelerating the growth. YouTube

On July 11, JD.com and the Guangdong Provincial Government signed a comprehensive strategic partnership agreement, with JD.com's first RoboBase project simultaneously breaking ground in Guangzhou Huangpu's science city core area. The project encompasses approximately 190,000 square meters of total b

SK Hynix and partners recently announced an in-memory computing (IMC) SoC chip based on memristors that achieves 21.3 TOPS/W at 100MHz, about ten times more energy-efficient than Nvidia A100 INT8 mode, according to research published in Advanced Intelligent Systems. The 65-nanometer chip also

According to Odaily, the TEM AI Infrastructure Growth Index declined 16% over the past month as executives at major mining companies reduced stakes. TeraWulf CEO Paul Prager's holding company sold 275,000 shares on June 29 at an average price of $26.596, generating approximately $7.3 million, with c

According to DigiTimes citing industry sources, HBM4 prices are expected to surge from around $2 per gigabit in the second half of 2026 to $4-5 or higher in 2027. HBM3E prices, currently at $1.5-1.6 per gigabit, are also expected to rise in tandem. The price surge is driven by soaring demand for HB

According to Reuters, on July 12, Tata Consultancy Services (TCS) announced plans to build a team of up to 8,900 front-line AI deployment engineers and is actively seeking acquisition opportunities in the AI sector. The company believes artificial intelligence will create new business opportunities

Apple filed a lawsuit against OpenAI on July 10 in federal court in Northern California, accusing the company of soliciting Apple employees to disclose confidential information about unreleased products, components, design documents, and other proprietary data to support OpenAI's hardware

According to PANews, MoonPay halted testing of its AI Intern V1.0 program on July 12 after mistakenly reporting that famous hippo MooDeng had died. The cryptocurrency payment company clarified that MooDeng is healthy and remains active. MoonPay acknowledged the testing failure and apologized for any

According to The Information, OpenAI's IPO plans face uncertainty as an ongoing lawsuit with Apple threatens to delay the company's first hardware device launch, scheduled for earliest February 2027. OpenAI has already filed IPO application documents confidentially with regulators, but the exact

According to Robinhood's official announcement, the brokerage will launch an AI agent feature for cryptocurrency trading to eligible U.S. users coming soon. The AI agent can be connected to users' Robinhood accounts to execute crypto trades autonomously, while supporting real-time profit and loss tr

According to Variety on July 11, Meta has shut down its Muse Image AI feature that allowed users to reference public Instagram accounts when generating images. The company pulled the tool after receiving backlash from users and Hollywood talent agencies within days of its Tuesday launch. Meta said t

According to a DigiTimes report on July 12, HBM4 prices may surge to $4-5 per gigabit or higher in the second half of 2026, up from current levels around $2, driven by surging AI demand and production bottlenecks. The price hike reflects HBM4's manufacturing complexity, including lengthy production

The Philippines' Social Security System (SSS) signed a memorandum of understanding and non-disclosure agreement with financial technology company Standard Economics on July 3 to explore development of LoanLite, a proposed digital microloan platform designed to provide members with faster, safer, and