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June 7, 2026, 9:51 PM
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WeSmirchTop News
| Heekyong Yang / Reuters: |
Nvidia says South Korea's Naver will use its technology to build AI factories at “gigawatt scale” to meet rising global demand for AI services and physical AI — Nvidia (NVDA.O) said on Monday that South Korean internet conglomerate Naver (035420.KS) would use its technology … | Yoolim Lee / Bloomberg: |
Nvidia and SK Hynix signed a multi-year pact to develop next-gen memory tailored for Nvidia's AI infrastructure roadmap, including for Vera Rubin — Nvidia Corp. and SK Hynix Inc. have agreed to partner on designing future generations of memory chips for AI, a win for a South Korean leader vying … | Hassan Mujtaba / Wccftech: |
Memory chip vendors say CXMT's DDR5 prices match Samsung, SK Hynix, and Micron, and it has a supply advantage in client markets as it is not prioritizing HBM — CXMT's DDR5 memory is apparently not as cheap to procure as reports claim, falling in the same range as DRAM from other manufacturers.
More: Seoul Economic Daily and The Business Times
X: @wccftech, @gavbon86, and @gringosuavex. LinkedIn: Theodore Aggelopoulos. Forums: r/Amd_Intel_Nvidia
| Cristina Criddle / Financial Times: |
OpenAI plans to overhaul ChatGPT in the coming weeks, turning it into a superapp with coding tools and AI agents to serve as a gateway to higher-margin products — $850bn start-up to recast hit chatbot as a route to higher-margin products before a potential IPO.
More: Gizmodo, SiliconANGLE, PYMNTS, Engadget, Benzinga, Spyglass, TechCrunch, WinCentral, iPhone in Canada, Digital Trends, Bloomberg, Reuters, Tech in Asia, and Reuters
X: @kimmonismus, @vraserx, @miles_brundage, @andrewcurran_, @edzitron, @jimpethokoukis, and @edzitron. Bluesky: @edzitron.com. Threads: @eric_seufert. Mastodon: @ianbetteridge@social …. Forums: r/ChatGPT
| Mark Gurman / Bloomberg: |
Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time — Also: What to expect at WWDC 2026. — A top secret meeting finally got Apple to take its AI crisis seriously.| Wall Street Journal: |
KPMG survey: only 26% of companies have a comprehensive view of their AI costs, while 50% have some visibility and 22% have none or only see costs after billing — Only 26% of companies say they have a comprehensive view of their AI costs, according to a new survey| Tim De Chant / TechCrunch: |
Fusion energy startup Helion raised a $465M Series G led by Thrive Capital at a $15.5B valuation, nearly tripling the valuation from its January 2025 round — Helion, the fusion startup backed by Sam Altman, announced on Thursday that it had raised $465 million in a new funding round that values the company at $15.5 billion.| Bloomberg: |
As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients — Wealth managers, who can make upwards of $500,000, are confronting a chatbot reckoning. — Down the Wealth Walkway on South Beach …
X: @business, @isabelletanlee, and @wealthwatch
| Mike Butcher / Pathfounders: |
UK-based Creator Fund closes a $56M fund to back European PhD founders, reaching them in universities before they're pulled into academia, Big Tech, or US labs — Creator Fund has closed a $56 million European fund to back PhD founders before they have a pitch deck, let alone a company.| Dwarkesh Patel / Dwarkesh Podcast: |
Q&A with Google DeepMind's Director of AGI Economics Alex Imas and Epoch AI's Phil Trammell on what remains scarce after AGI, redistributing AI wealth, and more — “One robot now turns into many robots next year, but the number of ballerinas is the same.” — Economics of AGI episode w Alex Imas and Phil Trammell.| Leo Schwartz / The Information: |
White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution — Sriram Krishnan, a top AI policy advisor in the Trump administration, plans to leave his position at the end of June … | Reuters: |
French carriers Bouygues Telecom, Orange, and Free-iliad sign an MOU with Altice France to acquire SFR for €20.35B, including debt, expected to close in H2 2027 — Bouygues Telecom (BOUY.PA), Orange (ORAN.PA) and Free-iliad Group said on Saturday they have signed a memorandum … | Caleb Mutua / Bloomberg: |
Report: in May, supply of unsecured bonds from hyperscalers hit $155B YTD, 45%+ more than 2025's total issuance; some AI-infra bond sales are 4x oversubscribed — Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform …
More: Fortune
| Tanya Pandey / The Economic Times: |
Industry data: India's six largest IT companies grew combined revenue from $95.9B in FY23 to $103.1B in FY26, while headcount remained broadly steady at ~1.9M — India's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and improved productivity.
X: @ettech
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