Thematic

This Week in AI (Aug 16-22): Mysterious Ox Alpha model; Stripe buys OpenRouter; YMTC's IPO

22 Aug 2026 By Ke Yan, CFA
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Abstract: We tracked AI models, infrastructure, and M&A this week: Ox Alpha appeared on OpenRouter and Stripe agreed to buy OpenRouter. DeepSeek added vision to V4 Flash, OpenAI paused Astra RL work, and Alibaba and Baidu reported faster AI-linked growth. YMTC moved toward a Shanghai IPO, Nvidia backed OpenAI capacity, and Anthropic added IPO banks and credit capacity.

SK Hynix (000660 KS) Samsung Electronics (005930 KS) MINIMAX (100 HK) SENSETIME (20 HK) KNOWLEDGE ATLAS (2513 HK) TENCENT (700 HK) BIDU (9888 HK) ALIBABA (9988 HK) Broadcom Inc. Common Stock (AVGO US) Alibaba (BABA US) Baidu (BIDU US) Alphabet Inc. Class A Common Stock (GOOGL US) Marvell Technology, Inc. Common Stock (MRVL US) Microsoft (MSFT US) Nvidia (NVDA US) Super Micro Computer, Inc. Common Stock (SMCI US)

Highlighted Stocks

SK Hynix, Samsung Electronics, MINIMAX, SENSETIME, KNOWLEDGE ATLAS, TENCENT, BIDU, ALIBABA, Broadcom Inc. Common Stock, Alibaba, Baidu, Alphabet Inc. Class A Common Stock, Marvell Technology, Inc. Common Stock, Microsoft, Nvidia, Super Micro Computer, Inc. Common Stock

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