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Industry
MSIT, GGGI launch climate technology demonstration projects in 10 countries
South Korea\'s Ministry of Science and ICT said on Wednesday it selected 10 climate technology demonstration projects with the Global Green Growth Institute. The two organisations launched the Climate Technology Advancement Fund under an administrative agreement signed in April. The projects include three local demonstrations in Cambodia, Jordan and Paraguay, set to begin in the second half of the year, and seven pre-planning tasks that will be linked to demonstrations after 2027.
Crypto
Bitcoin rebounds on Trump\'s tease of Iran deal announcement
The cryptocurrency market regained about $75 billion in market value on news of progress toward a peace deal involving the United States and Iran. Bitcoin led the rebound, reaching the $77,000 level on major exchanges. Donald Trump said an agreement involving the United States, Iran and several Middle Eastern countries had largely been negotiated and that final details were being discussed. The deal includes reopening the Strait of Hormuz.
AI & Enterprise
Nvidia emerges as major investor in AI ecosystem, puts in $40 billion this year
Nvidia is sharply increasing investment across the AI infrastructure supply chain, CNBC reported. The company has already made investment commitments of more than $40 billion in 2026 and is expanding its portfolio to listed companies. This week, it secured rights to invest up to $2.1 billion in data centre operator IREN and up to $3.2 billion in fibre optics company Corning. CEO Jensen Huang said it is not picking winners and aims to broaden the ecosystem.
