AI Industry Development & Policy Dynamics

Navitas Semiconductor (NVTS) overnight unveiled a 24-kilowatt power delivery board developed with Nvidia targeting 97% efficiency for AI data center applications. The board eliminates an intermediate conversion stage, reducing energy losses and freeing circuit board space. It uses 16 gallium nitride

According to IDC, Nvidia's datacenter AI chip market share in China dropped to 34% in the first half of 2026, with shipments declining 44% year-over-year to 678,000 units. U.S. export controls and increased competition from local manufacturers drove the decline. Huawei's AI accelerators captured 28%

According to Zhitong Finance, JD Health (06618) showcased comprehensive smart elderly care solutions at the 12th Beijing International Aging Industry Expo recently. The offerings span online consultation, home nursing care, smart medical devices, and health products, integrated through its "medical-

According to PANews, banking regulators are escalating efforts to contain artificial intelligence risks today (October 13), with six sources citing potential threats from cyberattacks and rogue AI agents that could destabilize global financial markets.

According to Odaily, Applied Materials (AMAT), the U.S.'s largest semiconductor equipment manufacturer, recently projected revenue to double over the coming years. The company is leveraging AI tools to drive innovation and product development while exploring methods to enhance semiconductor yield ra

According to Reuters, three major U.S. regulatory agencies recently launched inquiries into banks' use of advanced artificial intelligence models. The U.S. Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Federal Reserve are questioning whether banks use Chinese-

According to PANews, on October 13, Elon Musk stated on X that certain internal reasoning traces from Grok's reinforcement learning training process "read like a person being tortured and on the verge of a breakdown." Musk said xAI will be "more cautious" in future RL training. The comment follows a

According to The Information, Australian Bitcoin miner IREN has signed a multiyear AI cloud services deal with Anthropic, the publication reported on Sunday, US time. Neither company has confirmed the agreement, and the deal's value and duration remain undisclosed. IREN filed no announcement with th

South Korea's National Tax Service Commissioner Lim Gwang-hyun announced during a National Assembly Finance and Economy Planning Committee audit on the 13th that virtual asset tax management is the agency's 'top priority,' with plans to establish a dedicated management team and introduce overseas tr

The International Monetary Fund (IMF) raised its 2026 global economic growth forecast to 3.1% in a World Economic Outlook report released on October 13 (local time) at the IMF-World Bank Annual Meetings in Bangkok, Thailand. The revised projection is 0.1 percentage point higher than the 3.0% forecas

The International Monetary Fund raised concerns about increasing risks within financial markets, citing advancements in artificial intelligence, rising bond yields, and the growing threat of cyberattacks. The organization stated that while markets remain resilient, proactive policies are necessary t

Meta Platforms (META) stocks slipped 0.5% in overnight trading late Monday after rising 3.4% during the regular session, marking their best daily performance in about two weeks. The pullback came amid a broader market selloff over fresh fears about AI durability, with a particular slide in chip and

Kakao announced AI assistant services 'Kanana Space' and 'Kanvas' on the 13th at the if(kakao)26 conference held in Yongin, Gyeonggi Province. The company plans to transform KakaoTalk into an integrated AI platform that handles daily tasks through voice commands, starting with a closed beta test in

The International Monetary Fund raised South Korea's economic growth forecast to 3.3% in its October World Economic Outlook released on the 13th, marking a 0.7 percentage point increase from the July projection of 2.6%. The upward revision reflects strong semiconductor exports driven by artificial i

According to Broadcom CEO Hock Tan and Intel CEO Lip-Bu Tan, U.S. semiconductor stocks extended their sell-off late Monday (October 12) as concerns about AI infrastructure funding intensified. Micron Technology (MU) fell 2.7%, SanDisk (SNDK) dropped 3.3%, Intel (INTC) declined 2.5%, and Advanced Mic