Artificial Intelligence in Agriculture Market Size to Hit USD 24.55 Billion by 2035

• Enterprises are facing escalating costs and governance gaps as thousands of agentic AI agents are deployed across multiple corporate systems to work alongside human staff. • To address these challenges, Kong is developing a new system that matches specific AI workloads with the most appropriate models based on the complexity of the task.

• Factory activity in several Asian emerging economies, including the Philippines, Malaysia, Taiwan, and Vietnam, expanded or remained steady in June. • Specific data shows the Philippines' activity index held at 50.9, while Malaysia's rose to 50.7 from 49.9 in May.

• Japan has announced plans to develop a sovereign AI model and deploy 10 million AI-equipped robots across more than a dozen sectors by 2040. • The government will invest approximately $6 billion in the domestic AI model, which will be created by Noetra, a consortium featuring major firms like Sony and SoftBank.

• Ant International has decided to establish its Global Operations Centre in Kuala Lumpur, as announced by Prime Minister Datuk Seri Anwar Ibrahim on July 1. • The initiative aims to create new employment opportunities and strengthen local capabilities in artificial intelligence (AI) and digital technology.

• Enterprises are shifting from AI experimentation to the deployment of "agentic AI," where thousands of autonomous agents operate across multiple systems alongside human staff. • This transition is creating significant operational challenges, specifically regarding rising costs and critical governance gaps in enterprise environments.

• UN Secretary General António Guterres warned that artificial intelligence is advancing more rapidly than the scientific understanding and regulatory frameworks needed to manage it. • With over one billion people using conversational AI weekly, the UN highlighted that development is heavily concentrated in the US and China, threatening to widen global inequalities.

• The GITEX AI EUROPE 2026 event took place in Berlin, focusing on the integration of artificial intelligence, digital innovation, and the role of start-ups in shaping Europe's future. • Industry experts and participants discussed strategies to enhance European competitiveness through the adoption of modern technologies and the fostering of new international partnerships.

• The UK has reached a record 80 "unicorn" businesses—startups valued at $1 billion or more—ranking it third globally. • According to a report by the Hurun Research Institute, 23 new unicorns were created in the UK over the past year.

• The European Union reported the sale of €414 billion worth of high-tech products in 2024, according to data from Eurostat. • These figures are part of the 2026 edition of "Key figures on European business," which tracks business activities, investment, productivity, and technology across EU and EFTA countries.

• The UK maintains its position as Europe's strongest startup ecosystem, ranking second globally according to StartupBlink’s July 2026 data. • The UK's ecosystem score is significantly higher than its peers, nearly doubling that of Sweden and more than doubling Germany's score.

• London-based Tapestry VC has closed its third fund, securing $80 million to invest in experienced European entrepreneurs. • The firm is specifically targeting "repeat founders," betting that the current wave of AI-driven exits will create a new generation of seasoned leaders.