Global AI Models & Regulatory Updates

SoftBank Group founder Masayoshi Son publicly challenged Elon Musk's space data center concept at the company's telecommunications subsidiary annual shareholder meeting held on June 23, stating that the AI race will be determined by computing power on Earth and that space data centers hold minimal

Masayoshi Son, founder of SoftBank Group, recently publicly questioned Elon Musk's vision for space-based data centers, arguing that artificial intelligence competition will ultimately be decided by computing power on Earth.

According to Jin10, Abu Dhabi's investment group MGX has raised approximately $50 billion to accelerate artificial intelligence trading.

According to Guru Club, China's National AI Application Pilot Base for industrial software launched construction on June 23 in Jinan, Shandong. The facility will focus on three categories of industrial software: research and design, production control, and business management. The base has

According to ChainCatcher, NVIDIA technology now powers over 400 of the world's 500 fastest supercomputers, accounting for 81% market share, according to the latest TOP500 and Green500 rankings unveiled at the International Supercomputing Conference in Hamburg. The company's technology dominates

Oracle shed 21,000 jobs, almost 13% of its workforce, over the past year, reducing total headcount to 141,000 full-time employees as of May 2026 from 162,000 the previous year, according to the company's annual regulatory filing on Monday. The company attributed the workforce reduction to AI

According to CNBC, Oracle shed 21,000 jobs over the past year, representing nearly 13% of its workforce, according to the company's annual regulatory filing on Monday. The tech giant's total workforce declined to 141,000 full-time employees as of May 2026, down from 162,000 a year earlier. Oracle at

According to Goldman Sachs, AI capital expenditure is driving South Korea's semiconductor cycle with stronger-than-expected magnitude and duration. The bank projects full-year exports will exceed $1 trillion, with the current account surplus reaching 15% of GDP by year-end, as AI-driven surpluses ar

According to The Information, which exclusively reviewed OpenAI's confidential IPO registration draft, the company's balance sheet as of March 31, 2026, resembles a lightweight software firm with zero debt and minimal lease liabilities under $750 million. However, first-quarter capital expenditure t

Interactive Brokers has integrated ChatGPT and Grok into its trading platform, allowing clients to connect their brokerage accounts directly to AI assistants for portfolio analysis, market research, and order generation, according to CEO Milan Galik. The expansion builds on earlier integrations

Beijing Zhipu Huazhang Technology (z.AI) released its GLM-5.2 artificial intelligence model on June 16, attracting attention in the US market including from Microsoft as a potential user. The flagship code generation model demonstrates superior performance at approximately one-sixth the API cost of

According to Let's Data Science, China-based z.AI released flagship coding model GLM-5.2 on June 16, demonstrating competitive performance against OpenAI's GPT-5.5 while charging significantly lower API fees. GLM-5.2 achieved 62.1% on SWE-bench Pro benchmark tests, surpassing GPT-5.5's 58.6%,

According to ChainCatcher, citing Bluewhale Technology, Bytedance and ZTE's new-generation Douyin AI smartphone faces a delayed launch due to regulatory approval requirements. Originally expected in the second quarter, the device will now arrive in July or August 2026 at the earliest, pending

Google DeepMind announced a research partnership with independent entertainment company A24 on June 22, 2026, backed by a $75 million investment. The collaboration aims to develop AI tools for filmmakers, allowing creators to provide input during the technology development process. The partnership r

Google DeepMind announced on June 23 a research partnership with independent entertainment company A24, backed by a $75 million investment. The collaboration aims to develop AI tools that support filmmakers and integrate emerging technologies into the creative production process. The partnership wi

Nvidia on Monday, June 22, launched Halos for Robotics, an industry-first full-stack physical AI safety system for robots, at the Automate 2026 conference in Chicago. The platform spans chips, operating systems, algorithms, and third-party certifications. Agility Robotics became the first partner to

According to BlockBeats, on June 23, Chinese AI leader ZhiPu (02513.HK) will unlock approximately 25.68 million shares from cornerstone investors on July 8, expanding tradeable shares from 17.35 million to 43.03 million—a 2.5x increase. The unlocked shares carry an estimated value of approximately 7

According to TrendForce research released on June 22, DDR2 spot prices are expected to rise 55-60% in Q2 2026 and 35-40% in Q3, driven by AI demand squeezing advanced DRAM production capacity. Major memory makers are prioritizing HBM and server DRAM for AI infrastructure, forcing consumer-grade DRAM