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AI & Enterprise
AI to automate last mile of labor, Real World aims for human-level robot dexterity
Physical AI company Real World (RLWRLD) unveiled its in-house robotics foundation model, RLDX-1, and said it is accelerating efforts to expand in the South Korean market. At an event in Seoul, Chief Executive Ryu Jung-hee said even highly automated factories still rely on humans for 25 percent of work and that the company aims to automate such tasks with AI. The firm also outlined its data pipeline, synthetic data approach and hardware partnerships.
AI & Enterprise
Razer CEO says AI IPO supercycle is just beginning
Min-Liang Tan, co-founder and CEO of Singapore gaming hardware company Razer, said a surge of AI company IPOs is only at an early stage. He said more waves of new listings are likely beyond OpenAI, Anthropic and SpaceX. SpaceX is set for an IPO on June 12 and is targeting a valuation of about $1.77 trillion. Razer delisted in 2022 to focus on long-term AI investment.
Crypto
XRP, once criticised as 'finance coin', sees institution-focused strategy reappraised
Ripple CEO Brad Garlinghouse agreed publicly that XRP was once criticised as a coin for the financial sector but that the wider crypto industry is now pursuing the same approach. Comments by Flare co-founder Hugo Philion argued that Ripple’s focus on banks and payment providers was initially mocked but has since been adopted across blockchain projects. XRP supporters and lawyer Bill Morgan also weighed in, highlighting repeated criticism of Ripple’s XRP holdings and sales.
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Industry
Specialized unveils new Turbo Levo 4 X electric mountain bike with cargo racks
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Crypto
When will Ripple's XRP escrow run out? Former CTO answers
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Games & Commerce
Wemade signs publishing deal with Madngin for new 'Night Crows' title, targets launch this year
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Finance
Bank of Korea governor Shin Hyun-song says rate hikes needed before it is too late
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Games & Commerce
Com2uS Holdings to launch collectible RPG Star Sailor globally on June 30
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Crypto
XRP spot ETF draws $1.43 billion in bear market, contrasting with bitcoin and ethereum
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Mobility
Stellantis, Factorial begin first solid-state battery road test in North America
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AI & Enterprise
Amazon first discloses data centre water use at 9.4 billion litres a year
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Crypto
XRP outlook for rest of June shows warning lights over risk of falling below $1
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Crypto
Michael Saylor says Ethereum is not money, ETH collapse talk resurfaces
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Crypto
U.S. community banks launch campaign against Clarity bill over stablecoin rewards
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Crypto
Ethereum futures long bets grow, possible sign of market recovery
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Crypto
Nepal crypto trading rises despite ban; IMF urges faster regulation
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Crypto
U.S. banks call for stablecoin rules to cover secondary market trading
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Crypto
Economist Henrik Zeberg says Michael Saylor will eventually collapse, raising questions over Strategy