Techmeme: Nvidia and LG expand their partnership in AI, robotics, and mobility tech, including building an AI Factory and co-designing future data center architectures (Choi Eun-Kyung/The Chosun Daily)

Top 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 …

More: The Elec, SiliconANGLE, The Asia Business Daily, Pulse 2.0, Nvidia Newsroom, DigiTimes, Yonhap News Agency, Channel NewsAsia, Naver is teaming …, The Korea Herald, Seoul Economic Daily, Bloomberg, and KED Global

Choi Eun-Kyung / The Chosun Daily:

Nvidia and LG expand their partnership in AI, robotics, and mobility tech, including building an AI Factory and co-designing future data center architectures — Jensen Huang, CEO of NVIDIA, visited the LG Group headquarters and shouted “Fighting LG,” emphasizing, “We are collaborating with LG …

More: Reuters, The Asia Business Daily, Nvidia CEO Jensen Huang …, NVIDIA, and Seoul Economic Daily

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 …

More: Benzinga, The Korea Times, Agence France-Presse, DigiTimes, Seoul Economic Daily, SK Hynix announced …, The Asia Business Daily, Reuters, The Straits Times, and Fortune

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.

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, Digit, Engadget, Benzinga, Spyglass, TechCrunch, SiliconANGLE, Digital Trends, Memeburn, PYMNTS, iPhone in Canada, Bloomberg, WinCentral, 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

Eddie Makuch / GameSpot:

Xbox EVP Matt Booty clarifies Microsoft's new exclusivity strategy, saying new games will be reviewed case-by-case and multiplayer games will stay multiplatform — Today's Xbox Games Showcase was the first under the leadership of Xbox CEO Asha Sharma, who has pledged to consider making changes to Xbox's exclusivity strategy.

More: XBOX Wire, Stevivor, Push Square, DayOne, Pure Xbox, Kotaku, IGN, Windows Central, and Video Games Chronicle

Bluesky: @aarongreenberg and @xboxgamedev

Forums: r/xcloud and r/XboxAlly

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.

More: Business Wire, FinSMEs, Tech in Asia, DatacenterDynamics, Axios, SiliconANGLE, Reuters, Seattle Business Journal, ESG Today, and The Information

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

X: @eglyman. LinkedIn: Ritesh Patel. Bluesky: @whocouldsay, @oisinmcgann, and @edzitron.com

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

LinkedIn: Suzanne Woolley and Guy Lalonde CIM CAIA. Forums: r/finance

Lucas Shaw / Bloomberg:

Sources: Spotify has approached concert promoters about licensing music festival livestreams, as it pivots to video to become a one-stop shop for music fans — Spotify is looking to become a hub for live music — Good evening from New York. I just landed here so that I can help smuggle Charles Oakley …

The Guardian:

Microsoft says it will tighten human rights controls when working with national security agencies after an inquiry found Israel's Unit 8200 violated its ToS — Announcement seeks to close a difficult chapter for the company after the Guardian revealed its platform was used in mass surveillance of Palestinians

More: CTech

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.

More: Tech Funding News

Bloomberg:

Sources: Beijing-based Moonshot, which makes the Kimi chatbot, is in talks to raise $1B+ that would value it at $30B, up from a $20B valuation in a recent round — Moonshot AI is seeking as much as $2 billion in a new funding round that would value the startup at $30 billion …

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.

X: @dwarkesh_sp, @alexolegimas, @dwarkesh_sp, and @pawtrammell

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