Japan’s Katayama: Stance unchanged, prepare for decisive measures

Meta AI agent Muse faces commercialization difficulties: According to Jefferies' tests on hundreds of e-commerce, airline, and hotel websites, about one-third directly block Muse, another third set up access obstacles, and the core technical challenge has shifted from "Is the model good enough?" to "Can it even get in?" This friction in access will prolong the monetization timeline and objectively reinforce Google’s structural moat.

Jensen Huang is personally leading the $12.9 billion acquisition of Hugging Face and negotiating an additional $1 billion investment in Figure Robotics. To mitigate the risk of "three major customers contributing 44% of revenue," Nvidia is restructuring its landscape with transactions exceeding $140 billion, making heavy bets on humanoid robots and local AI. The core strategy is to use capital to create a "thousand-model era," supporting massive application scenarios to break the monopoly of tech giants and firmly anchor future computing power demand.

Former U.S. Treasury Secretary Robert Rubin has warned that while the artificial intelligence (AI) investment boom may bring significant productivity gains, it could also create financial and social risks that the market has not yet fully priced in.