JPMorgan raises KOSPI bull case target to 8,500 on memory chip boom, and crypto may feel the squeeze

Grok's 'Skills' feature could revolutionize personalized AI interactions, enhancing automation and efficiency in information processing. The post Grok previews new ‘Skills’ feature for custom AI news updates appeared first on Crypto Briefing.

The KOSPI's potential surge highlights South Korea's pivotal role in the AI-driven memory chip market, but geopolitical risks loom large. The post JPMorgan raises KOSPI bull case target to 10,000 on memory chip supercycle appeared first on Crypto Briefing.

The incident exacerbates energy costs, impacting Bitcoin mining profitability and potentially destabilizing geopolitical negotiations. The post South Korea confirms external strikes caused fire on HMM Namu, sending ripples through crypto mining economics appeared first on Crypto Briefing.

The post NVIDIA’s Jensen Huang Says AI Will Turn Intelligence into a Commodity for Billions appeared on BitcoinEthereumNews.com. TLDR: Jensen Huang says AI will make intelligence a commodity accessible to billions worldwide for the first time. NVIDIA chips power data centers at Amazon, Microsoft, Google, and Meta, driving the global AI buildout. Huang argues AI automates tasks but elevates human purpose, pushing back against job displacement fears. The NVIDIA CEO urges scientists, engineers, and policymakers to advance AI capabilities and safety together. NVIDIA chief executive Jensen Huang addressed graduates at Carnegie Mellon University on Sunday, May 10. He received an honorary doctorate at the commencement ceremony. Huang said artificial intelligence will make intelligence a commodity for everyone. He argued the technology will reach billions who have never accessed computing power before. His remarks touched on jobs, safety, and America’s industrial future. AI as a Tool for Closi

Cerebras' IPO success highlights a significant capital shift towards AI, potentially straining crypto projects reliant on venture funding. The post Cerebras Systems raises IPO price range amid massive oversubscription for AI chipmaker appeared first on Crypto Briefing.

The high-level trade talks may signal a potential thaw in US-China economic relations, impacting global markets and investor confidence. The post China’s He Lifeng to lead trade talks with US delegation in South Korea appeared first on Crypto Briefing.

The post TeraWulf’s AI Revenue Surges 117% but Posts $427M Loss appeared on BitcoinEthereumNews.com. Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier. Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total and a 117% jump from the prior quarter, according to a Friday announcement. Bitcoin mining revenue fell 50% to around $13 million. The HPC revenue was driven by 60 megawatts of operational critical IT capacity at Lake Mariner, one of North America’s largest HPC campuses, leased to Core42. TeraWulf is also coordinating infrastructure delivery with Fluidstack and Google, with additional capacity buildings on track for delivery in 2026.  The company ended the quarter with approximately $3.1 billion in cash. “Our capital structure is designed to align long-term financing with

The post Weekly Tokenization Roundup: Bullish Buys Equiniti for $4.2B, Ondo Settles With JPMorgan, RWA Crosses $20B appeared on BitcoinEthereumNews.com. This was the kind of week that does not come along often. Three separate developments landed between May 5 and May 10 that, taken together, suggest tokenized securities are moving from proof-of-concept into something closer to functioning market infrastructure. The deals were real, the counterparties were institutional, and the numbers were large. Here is what happened. Another big week for tokenization. Ondo completes the first cross-border tokenized Treasury redemption on the XRP Ledger, the Fed addresses tokenization, BlackRock files for two new onchain funds, and more. Latest tokenization news ↓ 1️⃣ Ondo, JPMorgan, Mastercard & Ripple… pic.twitter.com/76vzXLP56Y — Ondo Finance (@OndoFinance) May 10, 2026 Bullish Acquires Equiniti for $4.2 Billion On May 5, Bullish (NYSE: BLSH) announced a definitive agreement to acquire Equiniti, o