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Crypto
BitGo launches innovation unit BitGo Labs, to focus first on combining AI and crypto
BitGo has launched a research and innovation unit called BitGo Labs, The Block reported on Tuesday. BitGo Labs will design, launch and validate next-generation services with potential in the crypto sector, focusing first on combining AI and cryptocurrencies. BitGo said the AI economy needs crypto financial infrastructure for micro-payments, instant settlement and asset protection. It also plans to publish research and build protocol prototypes.
AI & Enterprise
Nvidia unveils OpenShell reference architecture to control AI agents
Nvidia has unveiled the OpenShell reference architecture for controlling enterprise AI agents, The Register reported on Tuesday. OpenShell is an AI agent security runtime environment developed by Nvidia. The reference architecture describes how to build and operate AI agents with OpenShell on Nvidia hardware and includes ways to monitor agents and prevent them from exceeding set limits. Canonical, SUSE, Red Hat, AWS, Google Cloud and Microsoft Azure joined as partners.
Telecommunications & Media
Apple to source more iPhone parts in US, spend $100 million on titanium for foldable iPhone Duo
Apple is expanding U.S. sourcing for key materials and components used in the iPhone 18 Pro and its first foldable phone, the iPhone Duo. The company said it will secure new partners through its U.S. Manufacturing Program and source about 100 parts from firms in at least 12 U.S. states. Apple will invest up to $100 million over three years to support titanium production by Pennsylvania-based Perryman and said the titanium includes at least 80 percent recycled material.
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Industry
Who will launch without Falcon 9? Four U.S. space companies race to develop next-generation rockets
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Crypto
Ethereum staking hits record high on institutional participation and upgrade effects
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AI & Enterprise
Sam Altman sees AI race endgame in international oversight, industry consolidation or dominance by one company
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AI & Enterprise
Asteromorph CEO Lee Min-hyung objects to police decision clearing professor over education claims
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People & Profiles
Vice Chair Ha Jung-woo visits Daegu manufacturing AX sites, checks robots and mobility
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AI & Enterprise
Finda wins approval to buy 60% stake in Daewon Savings Bank, first fintech entry into savings bank sector
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Industry
Koh Young targets China's AI server market at NEPCON ASIA
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Finance
Stock market slump drains sidelined cash as deposits fall to 90 trillion won
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AI & Enterprise
Race to foster AI data centres; industry calls for deregulation and tax credits
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Telecommunications & Media
South Korea science ministry pushes to expand subway 5G Wi-Fi, checks progress in Incheon
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AI & Enterprise
Elice shares whipsaw after listing, focus on differentiation from CoreWeave
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Mobility
Tesla deliveries beat estimates but revenue flat, profit seen down 10 percent
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AI & Enterprise
42Maru joins Japan IT Week Autumn to target AX market with SiteBunny
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Telecommunications & Media
Lee Jin-sook says Google in-app fee damage estimated at 8 trillion won, to raise responsibility at audit
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Mobility
EU EV shift could create up to 344,000 jobs by 2030, study shows