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AI & Enterprise
SKT to build gigawatt-scale AI factory with Nvidia, first operation in 2027
SK Telecom will work with Nvidia to target the global AI infrastructure market by building a full-stack AI cloud based on Nvidia's DSX platform and scaling an AI factory to gigawatt capacity. SKT said SK Group Chairman Chey Tae-won and Nvidia CEO Jensen Huang reviewed the roadmap at a meeting in Taiwan and agreed on group-level cooperation. The first AI factory will start operating in South Korea in 2027.
Crypto
Bitcoin resilience after 4 percent Nasdaq drop rekindles $90,000 target scenario
Bitcoin rebounded 6.5 percent to $62,950 after holding the psychological $60,000 level, drawing attention after the Nasdaq Composite fell more than 4 percent. Filbfilb said bitcoin is holding above its 200-week simple moving average near $61,880, a level linked to past market bottoms. If support holds, the 50-week average near $92,630 is cited as an upside target. Analysts also flagged further Nasdaq downside risks.
Crypto
Retail buy dips, institutions sell rallies as doubts grow over bitcoin bottom signal
On-chain analysis suggests bitcoin’s bear-market bottom has not yet been confirmed, with realised losses in this cycle remaining below 2022 levels. CryptoQuant analyst Darkfost said investor capitulation appears weaker than in the previous downturn, though he added the view may be subjective. Trader Ardi said retail investors have aggressively bought dips for months, while mid-sized participants and institutions have sold into rebounds. Analysts said bottom signals may gain weight only if realised losses rise and the flow pattern shifts.
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Crypto
Michael Saylor hints at more bitcoin buying as Strategy dividend vote nears
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AI & Enterprise
MSIT open communication draws attention as 'Kyunghun' nickname culture spreads
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Finance
Fintech services face trust crisis after payment errors and double charges
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AI & Enterprise
Will AI really make people buy new PCs? Nvidia Inside put to the test
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AI & Enterprise
Context before models as agentic OS race intensifies
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Finance
SpaceX Nasdaq listing nears; options for South Korean investors
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AI & Enterprise
Microsoft Fabric aims to be data platform for AI agents, targeting Snowflake and Databricks
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Crypto
Bitcoin slides to $62,000; Middle East situation and ETF flows in focus
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Games & Commerce
Jensen Huang meets Jang Byung-gyu and Kim Taek-jin at PC bang, expanding ties with South Korea's game industry
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Politics
Lee Jae-myung nominates Han Sung-sook as prime minister
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Industry
Baemin Bmart direct purchases of domestic farm products up 53 percent in Jan-May, to expand this year
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Games & Commerce
Jensen Huang meets Krafton, NCSOFT at PC bangs to discuss game, AI cooperation
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Crypto
Bitcoin posts strongest oversold signal since 2020; is $70,000 next?
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Telecommunications & Media
SKT to run 2026 gold number promotion; applications open until June 21
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AI & Enterprise
LGU+ steps up AI data centre business, targets 5 trillion won in orders by 2030