China's generative AI ecosystem is expanding rapidly, with over 3,700 public-facing generative algorithms registered and 250-300 new ones emerging monthly. This growth underscores China's competitiveness in AI, with companies like Alibaba leading with 66 registered algorithms, while new entrants like DeepSeek, with only 3 registrations, are also making significant contributions. At the Google Cloud Next event, Google announced several AI innovations, including the Agent2Agent (A2A) Protocol, which enables real-time communication and collaboration among AI agents. Google also introduced six new AI models, such as Gemini 2.5 Pro for advanced text processing and Imagen 3 for enhanced image generation, signaling further integration of AI across industries. OpenAI is set to release a new open-weight model designed for advanced reasoning tasks, marking a shift towards more collaborative AI development. This move aims to democratize access to AI technology, potentially accelerating research and innovation. Meanwhile, Amazon has launched Nova Act, a model that allows AI agents to interact with web browsers, enhancing their functionality in real-world applications. In the financial sector, Spectral Labs has introduced the first fully autonomous AI hedge fund, which operates without human intervention and allows for instant withdrawals. This development represents a significant move towards agentic AI in asset management, with potential implications for the broader financial industry.