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Today · 2026-08-08 · Sat

MANAGED $47 BILLION IN SOUTH AFRICAN FUND MANAGER TO REDUCE THE AI CHIP STOCK TO ADD THE INDIAN STOCK MARKET

The South African Asset Management Company, Inc., which manages $47 billion, has reduced investment in chip manufacturers and increased its market allocation in India, as market expectations for the AI concept unit have risen to levels that are almost impossible to exceed. The $3.1 billion Global Emerging Markets Fund of the South African Asset Management Corporation reduced the share of the combined holding of SK Hercules and power from about 8 per cent at the end of last December to about 5 per cent in the second quarter. (Pembo)

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Europe's stock market outlook is becoming more optimistic and strategists are increasingly looking at profitable growth as a support for growth

On 17 July, a survey revealed that market institutions were increasing expectations of European stock markets. The Swiss Bank Group was the most significant in the July survey, and the European Stock 600 index is expected to rise by 8 per cent by the end of this year. Bank of America, Deutsche Bank and Kepler Cheuvreux have also increased their target expectations. The 18 strategists surveyed expected, on average, that the index would reach 647 points by the end of 2026. Although this level is less than 1 per cent higher than the current level, the perception is decreasing, with only five survey participants predicting a decline in the index. According to Jerry Fowler, "for now, upside risk may be greater than downward risk". Beata Manthey, Citicorp European Stock Strategy Manager, said, “We are still looking forward to the European stock market for the next 12 months and are encouraged by the recent revision of the European corporate profit expectations. The most recent increase in profit expectations is significant in terms of range, breadth and timing.” Kim Xian

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Ministry of Foreign Affairs: will facilitate the early operationalization of the World Association of Artificial Intelligence

On 17 July, on 16 July, the signing ceremony of the Agreement to establish the World Organization for Artificial Intelligence Cooperation was held in Shanghai, and 29 representatives signed the Agreement as founding members. In response to a question at a regular press conference, the spokesman for the Ministry of Foreign Affairs, Lin Ken, said that, at the next stage, China would work with the founding members to make the organization operational as soon as possible. Xinhua

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The founder of the Galactic universal robot, Wang Tsuruo: The smart ChatGPT is expected to arrive in 2028

On 17 July, at the 2026 World Congress on Artificial Intelligence, the founder and chief technical officer of the Galaxy Universal Robotics, Wang crane, predicted that, through mass integrated data training, the smart base model would directly achieve a 70-80 per cent success rate in untrained missions, as compared to the level of dialogue in the digital model of the year; and that a strong pre-training model, combined with an efficient post-training paradigm, was a key condition for opening that milestone. He concluded that, at the current rate of data accumulation and the trend towards model accumulation, the industry was expected to meet the smart “ChatGPT moment” by 2028. ♪ Look at the money ♪

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Ban-Streamer v. 0.2 model released by Alithong Laboratory

On 17 July, the Alithong Laboratory announced that the latest release, Wan-Streamer v. 0.2, had been expanded through the original flow structure and distributional reasoning to complete understanding and generation in a single model ' s interactive cycle, bringing AI ' s means of communication closer to the real people. The end-to-end interaction of Wan-Streamer is delayed at about 0.55s (including network transmission) for response delays, as a model for end-to-end full-modular interpretation and generation for real-time double-work interaction. (Wall Street smelling)

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INSTITUTIONS: NEW CLOUD PROVIDERS WILL ACCOUNT FOR 20 PER CENT OF THE AI CLOUD MARKET BY 2030

Gartner predicts that in 2030, new cloud-end (neocloud) providers will account for 20 per cent of the market in the AI cloud-end market, or $267.0 billion. New cloud-side providers are often more competitive in pricing in the form of high performance and flexible AI load deployments, combined with a differential advantage for high input to data sovereignty. The AI cloud market is entering a new phase, with sovereignty, performance and infrastructure specialization becoming the primary factors in corporate decision-making. GPU-intensive work load demand has accelerated, and general cloud patterns are difficult to keep pace and create conditions for new cloud-side providers to deliver AI infrastructure on a large scale。

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Bitcoin Jaban plans to issue bonds to finance and purchase bitcoin for the first time

According to Coinpost, the Japanese-listed company Bitcoin Japan plans to raise funds through the issuance of 1.5 billion yen of unguaranteed convertible corporate bonds and 593,779 new equity subscriptions, with net financing after deduction of fees of approximately 965 million yen, of which 660 million yen (approximately US$ 4.069 million) will be used to purchase bitcoin for the first time。

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Swaps, Figure Markets and Lange will be added to the Stellar network as a first-level validation node

On 17 July, Figure Markets, the digital asset department under the Figure flag, and Lange, the stabilization currency infrastructure, will be added to the Stellar network as a first-level validation node. Officially, each certification node could select other nodes of its trust to reach agreement on the status of the account. The identity of the certifying officer is transparent and transparent and maintains the highest standards of operating time in order to safeguard the safety and vitality of the network as a whole。

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SWITEL BANK: The technology unit has been sold in part because of the projected capital increase due to the build-up

On 17 July, Ipek Ozkardeskaya, an analyst at the Bank of Sartre, stated that the anticipated capital adjustment of the electricity stock might raise market concerns and lead to the sale of the Science and Technology Unit. She noted that, despite the record high profits in the second quarter, stock prices had not been boosted, reflecting the market ' s belief that the chip stock was currently overvalued. As a result of the risk of overcapacity, investors may be increasingly concerned about large-scale artificial intelligence construction, but STI companies continue to spend. Next week, major US technology companies will publish their financial statements or are expected to improve market sentiment in the near future. However, there are indications that companies such as Alphabet are further increasing infrastructure expenditures, which may further slow stock prices。

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