Technology · 10.4

Artificial Intelligence

Quantified news impact based on deduplicated, quality-reviewed events in a single 60-day window.

Average net impact+23weighted per event

Average gross impact27absolute weighted average

Events189same period

Confidence74%model average

Raw intensity61before weighting

Previous period+26net impact

Gross change+4%

Diffusion speed3.2 / day

Concentration1%

Direction disagreement15%

Source independence98%29 sources

IMPACT TREND

60-day effective impact

Positive 146 · Negative 13 · Mixed 30

+300-30

5 Jun0 events

10 Jun0 events

15 Jun0 events

20 Jun0 events

25 Jun0 events

30 Jun1 event

5 Jul0 events

10 Jul0 events

15 Jul0 events

+12

20 Jul2 events

+20

25 Jul131 events

+30

30 Jul55 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate1%74 cumulative effective impact

Short term24%1228 cumulative effective impact

Medium term63%3257 cumulative effective impact

Long term12%609 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 2 of 19 · 187 events

Macro6

Macro3 Aug, 23:00positive

China AI Startup Funding Tops RMB 300 Billion in H1 2026

In the first half of 2026, funding for Chinese AI startups exceeded RMB 300 billion, surpassing the full-year 2025 total, as venture capital activity rebounded. High-tech industry investment rose 4.6% year on year. Inno Fund held 10 investment committee meetings from March to July 2026, matching its 2025 count, but with more projects and capital deployed. Quantum technology companies report a surge in investor interest, with funds increasingly concentrated in AI, quantum computing and computing power.

Effective: +57
Intensity: 85
Confidence: 90%
Horizon: Medium term

Macro27 Jul, 17:47positive

South Korea's Lee Jae-myung in First U.S. Visit, Chip and AI Firms Announce US$950 Billion Cooperation Plan

South Korean President Lee Jae-myung marked his first U. S. visit since taking office by attending a San Francisco AI summit alongside executives from Nvidia, OpenAI, Anthropic and Broadcom. During the visit on July 24, 2026, major Korean semiconductor companies and U. artificial intelligence firms announced a series of cooperation plans totaling approximately US$950 billion. Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won also participated.

Effective: +54
Intensity: 90
Confidence: 80%
Horizon: Long term

Macro3 Aug, 11:10positive

Politburo Plans October 2026 Fifth Plenum, Pledges Faster Fiscal Spending; H1 Special Bond Sales Hit RMB2.07

The Political Bureau of the CPC Central Committee decided on July 30 that the Fifth Plenary Session of the 20th Central Committee will convene in Beijing in October 2026. The meeting analyzed the economic situation and set second-half priorities, stressing accelerated fiscal spending and bond fund use. New special bond issuance in the first half hit RMB2.07 trillion, or 47% of the annual quota. Consumption growth slowed to 1.3% in H1, with auto sales down 12.6% and appliance sales down 7.4%. The meeting pledged to expand domestic demand, build a modern industrial system, and advance opening-up, while setting a 2030 target of 100 trillion yuan for the services sector.

Effective: +53
Intensity: 78
Confidence: 75%
Horizon: Medium term

Macro31 Jul, 09:44positive

Politburo Meeting Signals Policy Shift, Focus on Domestic Demand and Emerging Pillar Industries

China’s Politburo, at a July 30 meeting, pledged to strengthen macro policy effectiveness and intensify counter-cyclical adjustment, while prioritizing the expansion of domestic demand and the development of emerging pillar industries. Fiscal measures will accelerate the use of government bond funds; outstanding new quotas exceed RMB5.7 trillion over the remaining five months. The meeting elevated the strategic position of AI, advanced technology, and industrial networks, and upgraded the capital market goal from stabilizing confidence to enhancing resilience and confidence. This marks the first Politburo-level emphasis on building emerging pillar industries, signaling stronger investment and resource support.

Effective: +53
Intensity: 80
Confidence: 80%
Horizon: Medium term

Macro29 Jul, 06:52positive

New Infrastructure Hits RMB2.98 Trillion in H1 2026; Intelligent Computing Up 177%, 5G Stations Top 5.05

China’s new infrastructure drive maintained steady momentum in the first half of 2026, with the core industry scale reaching RMB2.98 trillion. Intelligent computing power surged 177% to 2,185 EFLOPS, while 5G base stations topped 5.05 million and the 5G-A network covered 330 cities. Technology-oriented loans rose sharply, and credit tilted toward the sector. Listed new infrastructure companies’ combined net profit jumped over 59%, with computing and data infrastructure profits more than doubling. The government advanced low-orbit satellite constellation deployment, drone airspace mapping, and granted 6 GHz spectrum for 6G trials.

Effective: +52
Intensity: 80
Confidence: 85%
Horizon: Medium term

Macro31 Jul, 03:45negative

Data center opposition surges in 2026 midterms: 58% voter opposition, over 300 bans, $130 billion in stalled

Mounting voter opposition to AI data center construction is reshaping the 2026 US midterm elections. A June Yale survey shows 58% of registered voters oppose building data centers near their homes, a sentiment shared by 53% of conservative Republicans and 74% of liberal Democrats. More than 300 cities, towns, and counties have enacted bans or moratoriums. In the first quarter of 2026 alone, 75 large projects were delayed or canceled, representing over $130 billion in investment. New York Governor Kathy Hochul signed the nation’s first statewide moratorium, and states from California to Texas are seeing growing protests and political fallout.

Effective: -51
Intensity: 78
Confidence: 82%
Horizon: Long term

Industries1

Industries28 Jul, 04:49positive

SoftBank Group builds US AI data centre; OpenAI considers tenancy and negotiates $250 billion Nvidia credit

SoftBank Group is building a large-scale AI data centre in the US state of Ohio, with construction set to start this year as part of a $500 billion Japan–US investment. OpenAI is considering a tenancy and is in discussions with Nvidia for a credit guarantee of roughly $250 billion (¥40 trillion) to sign a lease and cover facility-construction debt. The guarantee would make it easier for the unprofitable, privately held AI company to access bank financing.

Effective: +57
Intensity: 88
Confidence: 85%
Horizon: Medium term

Companies3

Companies29 Jul, 19:24positive

Etched raises $300m Series C at $10.3 billion valuation as Sohu chip boasts 20x H100 inference speed

AI inference chip startup Etched has closed a $300 million Series C round led by Sequoia Capital, lifting its valuation to $10.3 billion. The company recently taped out its first A0 chip and has secured more than $1 billion in customer orders. Its Sohu ASIC, purpose-built for transformer inference, has demonstrated up to 20 times the throughput of an equivalent Nvidia H100 server. The round included a16z, Jane Street, Diffusion and SK Hynix, and follows a $500 million Series B in late 2025 and a $120 million Series A in 2024.

Effective: +57
Intensity: 80
Confidence: 88%
Horizon: Short term

Companies31 Jul, 01:47positive

Nexus Data Centers Seeks $15 Billion for Anthropic Texas AI Data Center; Google Provides Financing Guarantee

Nexus Data Centers is in advanced talks to raise about $15 billion for an AI data center in Texas serving Anthropic, with Google providing a financing guarantee and supplying chips. The project in Hubbard, Texas, includes a 1.6 GW gas-fired power plant. A Morgan Stanley-led bank group is discussing $14 billion in bridge loans and revolving credit. Google has agreed to guarantee billions of dollars in payments if Anthropic defaults on leases and power purchase agreements. Anthropic plans to deploy tensor processing units designed by Google and Broadcom, with chip procurement under a separate vendor financing agreement.

Effective: +54
Intensity: 80
Confidence: 90%
Horizon: Medium term

Companies30 Jul, 17:46positive

Moonshot AI Raises $3.5 Billion, Valuation $35 Billion, Annual Revenue Jumps to $300 Million

Moonshot AI has completed approximately $3.5 billion in funding, giving the Beijing-based company a post-money valuation of $35 billion. The round size was roughly double the initial target range of $1 billion to $2 billion. The company's annual recurring revenue rose to $300 million as of June, up from $100 million in March, supporting its valuation.

Effective: +50
Intensity: 75
Confidence: 90%
Horizon: Short term