Technology · 10.4

Artificial Intelligence

Quantified news impact based on deduplicated, quality-reviewed events in a single 200-day window.

Average net impact+24weighted per event

Average gross impact30absolute weighted average

Events163same period

Confidence74%model average

Raw intensity61before weighting

Previous period0net impact

Gross changeInsufficient base

Diffusion speed0.8 / day

Concentration1%

Direction disagreement19%

Source independence98%29 sources

IMPACT TREND

200-day effective impact

Positive 125 · Negative 13 · Mixed 25

+240-24

12 Jan0 events

29 Jan0 events

15 Feb0 events

3 Mar0 events

20 Mar0 events

+14

6 Apr1 event

22 Apr0 events

9 May0 events

+21

26 May1 event

11 Jun0 events

28 Jun1 event

+24

15 Jul160 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate2%85 cumulative effective impact

Short term22%1077 cumulative effective impact

Medium term63%3048 cumulative effective impact

Long term13%623 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 1 of 16 · 160 events

Macro4

Macro31 Jul, 12:01positive

NDRC to Accelerate AI Law Legislation, National AI Computing Power Surges 2.8-Fold

China's National Development and Reform Commission (NDRC) announced plans to accelerate the legislative process for an artificial intelligence law, aiming to establish a key institutional framework and provide a distinctive AI governance approach. As of the end of June 2026, the national AI computing power scale had reached 2.8 times that of the same period in 2025, with AI-related industries expanding by over 30%. The NDRC emphasized the need for risk monitoring and human-centered development. Additionally, estimates indicate that the computing network during the 15th Five-Year Plan period will attract RMB 4 trillion in direct investment.

Effective: +70
Intensity: 90
Confidence: 92%
Horizon: Medium term

Macro31 Jul, 10:32positive

15th Five-Year Plan Computing Power Network to See 4 Trillion Yuan in New Direct Investment, Huge Potential

NDRC spokesperson Jiang Yi said on July 31 that institutions estimate the 15th Five-Year Plan period will bring RMB 4 trillion in new direct investment for computing power network construction. As corporate investment dominates, this creates significant opportunities for private capital. The NDRC will enhance planning and factor guarantees to foster a favorable environment for private investment.

Effective: +65
Intensity: 90
Confidence: 85%
Horizon: Long 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: +62
Intensity: 90
Confidence: 80%
Horizon: Long term

Macro29 Jul, 06:52positive

H1 2026 new infrastructure steady push: core industry output 2.98 trillion yuan, smart computing surges 177%

China’s new infrastructure buildout advanced steadily in the first half of 2026, with the core industry scale hitting 2.98 trillion yuan. Smart computing power reached 2,185 EFLOPS, surging 177% year-on-year, and 5G base stations exceeded 5.05 million. Technology-focused lending expanded, with loans to tech SMEs up 20.1% to 4.15 trillion yuan. A-share new-infrastructure-related financing surpassed 48 billion yuan, an 8.5-fold increase, while 169 listed companies in core new-infrastructure tracks reported combined H1 net profit of nearly 96.2 billion yuan, up over 59%. Low-orbit broadband constellations began regular launches, a 6G trial spectrum was granted, and 5G-Advanced networks covered 330 cities.

Effective: +59
Intensity: 80
Confidence: 85%
Horizon: Medium 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: +66
Intensity: 88
Confidence: 85%
Horizon: Medium term

Companies5

Companies27 Jul, 12:11positive

Moonshot AI Unveils Kimi K3 Open-Source Model with 2.8 Trillion Parameters, Raises $3.5 Billion in Series F

Moonshot AI released the Kimi K3 model weights and technical report on July 27, 2026, alongside three key infrastructure technologies: MoonEP, FlashKDA and AgentEnv. The 2.8-trillion-parameter mixture-of-experts model features native visual understanding and a 1-million-token context window. It achieved top open-source scores on benchmarks including the Artificial Analysis Intelligence Index v4.1 and Frontend Code Arena, though it remains slightly behind Claude Fable 5 and GPT-5.6 Sol. On July 29, the company completed a Series F round of over US$3.5 billion at a US$50 billion pre-money valuation. Rapid adoption followed across Huawei Ascend, Alibaba Cloud and global providers like Nebius and Cursor.

Effective: +73
Intensity: 90
Confidence: 95%
Horizon: Short term

Companies28 Jul, 15:29positive

Nvidia Signs Up to $50 Billion Data Center Lease, Deploying Hundreds of Thousands of GPUs in Texas

Nvidia has signed a lease for Hut 8's Beacon Point campus in Texas, with a 1-gigawatt capacity and hundreds of thousands of its GPUs. The 15-year base lease is valued at $19.6 billion, with a potential 30-year total of $50.2 billion if all renewal options are exercised. Nvidia's credit default swap spread widened amid reports of large financing deals. The company's unpaid data center lease payments reached $32.4 billion in its latest quarter, up from $7.4 billion in the same period of 2025.

Effective: +71
Intensity: 90
Confidence: 95%
Horizon: Long term

Companies28 Jul, 21:12positive

Moonshot AI Completes Over $3.5 Billion Series F, Valuation Hits $35 Billion, Series G Pre-IPO at $50 Billion

Moonshot AI completed a Series F funding round of over $3.5 billion, raising its post-money valuation to $35 billion. The company accelerated its Series G pre-IPO round with a pre-money valuation of $50 billion, targeting a Hong Kong listing in 2026. Its annual recurring revenue exceeded $300 million as of June 2026, with API revenue accounting for over 70%.

Effective: +66
Intensity: 88
Confidence: 90%
Horizon: Medium term

Companies31 Jul, 04:05positive

Amazon Q2 2026 Results Beat on Cloud, AI Growth; Shares Jump About 10% After Hours

Amazon reported second-quarter 2026 net sales of $200.6 billion, up 20% from a year earlier, while operating income rose 43% to $27.5 billion. Net profit surged roughly 245% to $62.6 billion, boosted by a $53.4 billion pre-tax fair-value gain on its Anthropic equity stake. AWS revenue climbed 37% to $42.2 billion, its fastest pace in 18 quarters, and the unit’s AI and custom-chip businesses each surpassed an annualized revenue run rate of $25 billion. Shares of Amazon closed at $235.50 and jumped about 9% to 10% in after-hours trading.

Effective: +66
Intensity: 80
Confidence: 90%
Horizon: Medium term

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: +64
Intensity: 80
Confidence: 88%
Horizon: Short term