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Japans corporate services price index rose 0.4% month-on-month in July, compared with a previous reading of -0.4%.
Japans corporate services price index rose 3.6% year-on-year in July, down from 3.20% in the previous month.
Artificial Intelligence: 1. Spain plans to introduce stricter regulations for data centers. 2. Anthropic estimates the potential market size to exceed $30 trillion, surpassing SpaceX IPO expectations. 3. OpenAI: Its self-developed Jalapeno chip outperforms Nvidias GB300 in testing. Other: 1. Jack Ma increases his holdings, having purchased over HK$600 million worth of Alibaba shares in Hong Kong over several days. 2. Institutions: Storage shortages are expected to lead to a 4.7% year-on-year decline in flat panel display shipments. 3. SpaceX plans to build a $100 billion Starship launch site in Louisiana. 4. Nine Chinese companies, including Fusion Engineering, will collaborate on the development of high-temperature superconducting high-field tokamak magnets. 5. Apple releases new products including the Mac mini powered by M6 and M5 Pro chips, and the Mac Studio using M5 Max and M5 Ultra chips.
According to a filing with the U.S. Securities and Exchange Commission (SEC), Micron Technology (MU.O) President and CEO Sanjay Mehrotra sold 40,000 shares of common stock on August 21 at an average price of $968.9 per share, for a total value of approximately $38.7562 million.
On August 26th, according to foreign media reports, South Korean AI service platform Wrtn Technologies completed a funding round valued at 1.2 trillion won (approximately $870 million) to support its global expansion. The Seoul-based startup stated in a press release that it raised approximately 100 billion won in its Series C funding round. Following this round, Wrtns total funding reaches approximately 230 billion won. The statement also noted that Wrtns North American AI narrative platform, OOC, has achieved monthly revenue exceeding 10 billion won since its launch in May. The platform allows users to create or enter fictional worlds and interact with AI characters. Riding this momentum, Wrtn expects its annual revenue to exceed 200 billion won this year, a significant increase from approximately 47 billion won last year.