24/7 Blockchain industry dynamics and breaking crypto news
Korean media reports reveal Samsung and SK Hynix are advancing a $1 trillion chip collaboration with U.S. tech firms. SK Group will supply $750 billion in semiconductors to companies including Nvidia, signaling a major realignment in global high-end chip supply chains.
Read MoreKey midday updates from the AI and tech world: Nvidia leads a $10B data center expansion, AMD forecasts a $1.4T AI chip market by 2030. Musk plans full open-sourcing of X's code, Anthropic advances model security, while major AI labs show caution on industry pledges.
Read MoreElon Musk announced that X will open source all its core platform system code in August, subject to independent third-party audit. Auditors will verify consistency between the live production code and the open-source version, marking a significant move toward transparency and verifiability.
Read MoreNvidia's CEO spearheaded an open letter advocating for accessible AI model weights, signed by over 20 firms. Notably absent were signatures from OpenAI, Google, and Anthropic, highlighting a critical divide between open and closed AI development approaches.
Read MoreNvidia has partnered with Korean tech firm Naver and asset manager Brookfield in a joint venture to expand AI data center infrastructure, with total investment potentially reaching $10 billion. Nvidia will contribute $1 billion, while Brookfield provides up to $9 billion, aiming to significantly boost AI computing capacity globally.
Read MoreMoody's warns that tech giants like Microsoft and Amazon are shifting from asset-light to capital-intensive models due to massive AI infrastructure spending. This is eroding free cash flow and raising balance sheet risks, putting future profitability under scrutiny.
Read MoreAMD has launched Instella-MoE, a fully open-source 16-billion-parameter Mixture-of-Experts model. Trained on AMD hardware, it demonstrates competitive performance and includes full model weights and training configurations to advance open AI research.
Read MoreTrump stated US actions against Iran are 'going very well,' claiming significant damage to Iran's military capabilities. He suggested Iran desires a deal but is 'not ready,' emphasizing timing and dismissing critical media reports.
Read MoreChina's digital industry revenue reached 39.6 trillion yuan in 2025, growing 8.8% year-on-year, with the core digital economy exceeding 10.5% of GDP. Infrastructure milestones include 483.8 million 5G base stations and 869 million active IPv6 users, fueling massive digital consumption growth.
Read MoreAnthropic's new Claude Opus 5 AI model demonstrates vulnerability detection capabilities rivaling its most advanced counterpart. This general-purpose model excels in tasks like code optimization and research while costing about half as much, positioning it as a cost-effective solution for enterprise adoption amid growing market focus on practical AI value.
Read MoreAMD CEO Lisa Su has dramatically raised the forecast for the AI chip market. She anticipates explosive growth, driven by the accelerated push toward AGI, with the market reaching approximately $1.4 trillion by 2030. Despite future chip diversification, GPUs with high programmability are expected to remain dominant due to their adaptability to rapidly evolving algorithms.
Read MoreOn-chain data reveals a crypto whale opened a massive 40x leveraged Bitcoin long position worth ~$38.6M. Currently underwater, the whale also placed large limit buy orders. If filled, total exposure could exceed $70M, marking their largest bullish bet this year, though extreme leverage poses high liquidation risk.
Read MoreNVIDIA CEO Jensen Huang announced plans to deepen collaboration with Hyundai Motor Group, jointly developing next-generation autonomous driving technology for Genesis luxury sedans. The partnership aims to merge NVIDIA's AI computing prowess with Hyundai's automotive expertise.
Read MoreMeta AI's latest update, powered by Muse Spark 1.1, introduces advanced capabilities including schedule planning, email/calendar integration, presentation creation, and automated task handling. The rollout has begun in select markets, with expansion to WhatsApp and more platforms coming soon.
Read MoreAnthropic's CEO confirms supply agreements with Samsung and SK Hynix. The deals, aligned with a Korean delegation's visit to US AI summits, signal deep restructuring in global AI chip supply chains through long-term contracts and strategic partnerships.
Read More