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Crypto

Forget bitcoin for now: Why ethereum is in focus this summer

Ethereum is being seen as entering a rebound phase after breaking a long period of weakness against bitcoin. Market attention is shifting as technical reversal signals emerge alongside renewed inflows into spot ethereum ETFs and growing dominance in tokenisation of real-world assets. Analysts point to ETH/BTC and ETH/USD chart breakouts and key support levels. Data also show a large tokenised traditional-capital base on Ethereum and weekly net inflows into ETFs.

AI & Enterprise

K-AI chips put to the test as global AI startups step up push into South Korea

South Korean neural processing unit makers are teaming up with domestic cloud companies to target the AI inference market, testing whether they can secure a foothold beyond Nvidia’s barriers. Samsung SDS launched an NPU-as-a-service offering on its Samsung Cloud Platform based on FuriosaAI’s second-generation chip. Rebellions is also partnering with KT Cloud and Gabia. Foreign AI startups are stepping up moves into Korea, including Genspark and China’s Kling AI.

AI & Enterprise

Nvidia, Microsoft, Meta urge restraint on hasty regulation of open-weight models

More than 20 U.S. tech companies including Nvidia, Microsoft, Meta and Palantir urged policymakers to refrain from rushing regulation of open-weight artificial intelligence models. In a joint letter, they said early restrictions could curb competition and drive innovation overseas. Open-weight models can be downloaded, modified and run on users’ own infrastructure. The companies said open-weight models broaden competition and limit concentration of benefits, and argued closed models are not inherently safer.