NVIDIA continues to show strength in AI chip sales with 45% YoY growth in Q2.

AI Model Developments

Several major models launched recently. Moonshot AI released Kimi K3, a 2.8T MoE with 1M context. Thinking Machines Lab (Mira Murati) launched Inkling. OpenAI expanded GPT-5.6 availability and Meta updated Muse Spark.

Regulation and Governance

EU AI Act high-risk provisions delayed to end of 2027. Discussions in the US around data-center restrictions and self-regulatory organizations. China advancing new AI watchdog.

Bottom Line

Rapid releases continue alongside growing regulatory scrutiny. Markets expected to open later today with these developments in focus.