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Industry
Last year chicken, this year pork belly: Jensen Huang's gift package for South Korea
Nvidia CEO Jensen Huang on Thursday set out plans to launch four new businesses and outlined a plan to set up an AI technology centre in Seoul on his first day in South Korea. He said Nvidia was bringing four new businesses to Korea and that the country would get busy. The four include the Vera Rubin AI accelerator, a Vera CPU, RTX Spark AI laptops, and the Jetson Thor edge supercomputer for humanoid robots and physical AI.
Crypto
Bitcoin nears drop below $60,000 on U.S. jobs shock renewing rate hike fears
Bitcoin is on the verge of breaking below $60,000, sliding 2.78 percent to $61,538, while ether fell 8.96 percent to $1,599. The selloff followed a stronger-than-expected May U.S. nonfarm payrolls report and rising odds of a Federal Reserve rate hike on Polymarket and CME FedWatch. Spot bitcoin ETFs saw 13 straight sessions of net outflows, and Mt. Gox transfers fueled selling concerns.
AI & Enterprise
Marvell, Flex to join S&P 500 on June 22, boosting tech presence
Marvell Technology and Flex will join the S&P 500 index on June 22, replacing Pool and Campbell’s Company, CNBC reported. Marvell makes semiconductor components and products used to expand artificial intelligence infrastructure, while Flex is an electronics contract manufacturer. Shares rose after the announcement, with Marvell up 5 percent and Flex up 4 percent in after-hours trading. Flex provides manufacturing services to major tech firms including Apple and Nvidia.
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Games & Commerce
That's No Moon reimagines Crossfire as a single-player game. Why?
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Crypto
Crypto exchanges could bring 300 million new stock investors by 2031, Binance Research says
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AI & Enterprise
Observability competition heats up as Snowflake pushes data platform edge
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Crypto
Institutional bitcoin holdings fall 17% in Q1, banks quadruple from year ago
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AI & Enterprise
AI agent web traffic overtakes humans, raising 'dead internet' theory question
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AI & Enterprise
Founders Fund unveils card game show featuring Sam Altman and Palmer Luckey
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AI & Enterprise
Nvidia to set up AI technology center in Seoul, begins hiring PhD-level staff
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General News
Postal Service Agency urges caution over phishing emails posing as post office
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AI & Enterprise
AI framework act cannot stop Mythos, calls grow for resilience-focused regulation
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Games & Commerce
Jensen Huang visits T1 on first stop in South Korea, gives Faker RTX 5090
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Finance
KOSPI tumbles more than 5 percent, Kosdaq clings to 1,000 level
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Games & Commerce
Nexth CEO Jang Hyun-kuk buys 5.41 mln shares from Linked
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Finance
KB Financial donates 10 billion won cooperation fund for SMEs and small merchants
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Crypto
CME CEO warns crypto perpetual futures could wipe out retail investors
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AI & Enterprise
CrowdStrike CEO says AI boom a tailwind for cybersecurity, confident on full-year results