Naver Corp. builds data centers using Nvidia’s DSX platform for AI dominance in South Korea

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Tech sell-off widens as South Korea’s KOSPI index crashes 8.3%, triggering circuit breakers

The KOSPI crash highlights vulnerabilities in tech markets, with potential global repercussions on investment strategies and economic policies. The post Tech sell-off widens as South Korea’s KOSPI index crashes 8.3%, triggering circuit breakers appeared first on Crypto Briefing.

Jun 9, 1:17 AM

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OPEC+ raises oil production quotas by 188,000 barrels per day in July

OPEC+'s quota hike may not ease oil supply constraints, risking higher prices and inflation, impacting global markets and economic stability. The post OPEC+ raises oil production quotas by 188,000 barrels per day in July appeared first on Crypto Briefing.

Jun 9, 12:53 AM

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Nvidia CEO says recent AI selloff offers buying opportunity

The AI selloff highlights potential for strategic investments, but macroeconomic challenges and valuation concerns require cautious optimism. The post Nvidia CEO says recent AI selloff offers buying opportunity appeared first on Crypto Briefing.

Jun 9, 12:53 AM

FT AIanthropic claude blackstone apollo

Apollo and Blackstone raise $35bn in chip financing deal for Anthropic

Transaction is one of the largest private credit fundraisings, fuelling the Claude maker’s AI growth plans

Jun 8, 11:50 PM

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Nvidia expands South Korean AI partnerships across chips, cloud, and robotics

Nvidia has announced new South Korean partnerships with SK Hynix, Naver, SK Telecom, Doosan Group, LG Group, and Hyundai Motor Group. The agreements came during CEO Jensen Huang’s visit to South Korea, where he met several corporate leaders. The companies…

Jun 8, 11:47 PM

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Nvidia and SK Hynix sign multi-year pact to develop next-gen AI memory chips

The Nvidia-SK Hynix partnership could accelerate AI advancements, potentially reshaping tech landscapes and intensifying market competition. The post Nvidia and SK Hynix sign multi-year pact to develop next-gen AI memory chips appeared first on Crypto Briefing.

Jun 8, 11:44 PM

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Nvidia’s CEO declines Senate testimony on China’s AI chip business

Nvidia CEO Jensen Huang has declined a Senate Banking Committee invitation to testify about the company’s China business. Sen. Elizabeth Warren invited Huang to appear at a Thursday hearing on American AI development and technology leadership. Huang said he could…

Jun 8, 11:21 PM

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SK Telecom deploys Nvidia Blackwell GPUs for AI training as it pivots from telco to AI infrastructure giant

SK Telecom's AI pivot could redefine telecom roles, emphasizing national tech sovereignty and challenging global cloud giants in AI infrastructure. The post SK Telecom deploys Nvidia Blackwell GPUs for AI training as it pivots from telco to AI infrastructure giant appeared first on Crypto Briefing.

Jun 8, 10:59 PM