1. Meta is building its cloud business, selling off excess AI computing power. 2. Nvidia launches a new cooperation model for AI infrastructure, sharing revenue with AI cloud providers to support computing power development. 3. Media reports that S

2026-07-02

1. Meta is building its cloud business, selling off excess AI computing power. 2. Nvidia launches a new cooperation model for AI infrastructure, sharing revenue with AI cloud providers to support computing power development. 3. Media reports that SpaceX showcased a prototype of a slim handheld AI device; Musk publicly refuted the claim, stating it was completely untrue. 4. SK Hynix plans to invest 80 trillion won in new NAND production lines by 2029. 5. The UN Secretary-General called on countries to strengthen AI governance. 6. British media: The White House is accelerating its plan to develop AI model standards. 7. Hang Seng Indexes Company, in conjunction with Cyberport, launched a thematic index exploration program to promote AI-driven index innovation. 8. National Grid invests $1.75 billion in a US AI power company. 9. Amazon Web Services will invest $1 billion to establish a new AI division. 10. NariRadar releases new products including the "Ruichen" ultra-refined short-term near-term AI weather model. 11. Xingyun Technology: Hainan Xingyun signed a computing power service agreement worth 5.509 billion yuan. 12. Beijing Yizhuang completed the city's first word-based computing factory, with a daily production capacity exceeding 1.4 trillion word-based units.

Other News
2026-07-02

Wall Street Journal, citing sources, said the prototype will run a proprietary operating system integrating SpaceX's XAI technology (SPCX.O), is designed to be thinner than the iPhone, and will use a Qualcomm Snapdragon chipset (QCOM.O).

2026-07-02

Sen. Elizabeth Warren asked Federal Reserve Governor Christopher Waller to stop efforts to overhaul operations at the Fed’s 12 regional Reserve Banks, saying Waller’s proposal appears inconsistent with federal law and could undermine the Fed’s indepe