Finance news

AI boosts Samsung but batters IT jobs

OpenAI to launch ChatGPT advertising service targeting users in Japan

Neocloud capex cycle: $60B+ Microsoft GPU commitment, Lambda 320MW - what the secondary market is absorbing

Data center infrastructure has been the best-performing real estate sub-sector for the past decade. JLL tracked $73B in global transactions in 2025, up from a prior record of $48B. Hyperscaler capex Microsoft, Google, Amazon, Meta combined is running $280-290B this year. The AI compute buildout is the largest infrastructure investment cycle since the interstate highway system. And there is basically no way for an individual investor or small family office to get direct exposure to it. The public

As ByteDance spends billions on AI, which Chinese chip start-ups stand to gain?

As Chinese technology giant ByteDance accelerates its shift towards domestic chips for artificial intelligence workloads, a few smaller domestic suppliers stand to benefit – if they can deliver at scale amid a void left by Nvidia due to regulatory hurdles. The Beijing-based owner of TikTok is considering turning to a handful of so-called tier-two chipmakers in China – smaller rivals to Huawei Technologies and Cambricon Technologies – for its cloud infrastructure, according to sources and...

Financial Discussion 26m

Hi, I’m 26m living in Germany. - own my apartment without mortgage / credit / loan, bought with cash. (Was able to get by years of saving, high interest rate savings account + 7 years of compound from monthly investment into S&P500 growth and frugal living) - No debt, no car, no loans, completely financial free, a solid 1k euro bike gets me from A to B without a worry. I’m currently rebuilding my finances after the renovations. - 15k euro invested into VUAG - 5k euro invested into INDA (but I’m

Non China AI Coalition is bullish for REXC

https://www.cnbc.com/amp/2026/06/17/anthropic-amodei-google-hassabis-us-ai-coalition-g7.html A coalition designed to cooperate on chip and hardware trade rules that exclude China is exactly what REXC was built for. As the western world attempts to insulate its AI infrastructure from China trade risks, rare earths outside of China is a primary issue. This is hugely bullish for REXC. submitted by /u/wballz [link] [comments]

Transcript of SCMP Plus’ chat with political scientist John Mearsheimer

Following is an edited transcript of a conversation between John Mearsheimer, R. Wendell Harrison Distinguished Service Professor of Political Science at the University of Chicago, and South China Morning Post Executive Editor Zuraidah Ibrahim at the SCMP Plus exclusive: meet John Mearsheimer in person event on June 17 in Hong Kong. It was generated using Tongyi Tingwu, an AI-powered audio and video transcription service developed by Alibaba, and tweaked for accuracy by an SCMP Plus editor....

How DeepSeek’s landmark funding secures Liang Wenfeng’s grip as China’s AI rivalry heats up

Chinese artificial intelligence start-up DeepSeek closed its first-ever external fundraising in an unusual and high-stakes deal that could not only reshape the country’s AI landscape but also offer a rare glimpse into how one of China’s most valuable AI start-ups will navigate its next phase of growth, sources and analysts said. Hangzhou-based DeepSeek now has a post-investment value of about 400 billion yuan (US$59.2 billion) after raising around 50 billion yuan in a Series A round, one source.

Artificial intelligence: Google's Gemini vice president switches to competitor OpenAI

Noam Shazeer, key figure behind Google's Gemini, is moving to OpenAI. The developer moved to Google less than two years ago.

Shanghai charts IPO path for cash-hungry AI labs racing against US

The Shanghai Stock Exchange (SSE) has clarified rules for unprofitable artificial intelligence model developers wanting to go public, as China’s large language model (LLM) firms scramble for fresh capital in an intense race with US labs. LLM developers can go public on the Shanghai bourse’s Star Market under a set of listing standards that require them to have an anticipated market cap of at least 4 billion yuan (US$591 million), as well as meeting certain criteria in terms of market potential,.

Google Gemini co-lead Noam Shazeer leaves for OpenAI

Google's vice president of engineering and a co-leader of its Gemini AI models announced Wednesday he is leaving the company to join OpenAI.

Marvell to use TSMC's next-gen 1.4-nm chip tech to stay in AI data race

Artificial intelligence: Google's Gemini vice president switches to competitor OpenAI

Gemini lead developer Noam Shazeer leaves Google and joins OpenAI. His departure is seen as a setback for Google's AI ambitions.

Inside India newsletter: Anthropic curbs ignite AI debate in India — efforts 'too slow, way too small'

India's ambitions of becoming a global AI innovation powerhouse by building applications on top of foreign foundational models are being challenged.

The Invisible Energy Crisis Threatening to Derail the AI Boom

Every AI boom forecast being published right now — every bull case, Big Tech earnings call, and valuation model — seems to be making the same assumption. The electricity will be there to power it when they need it. It won’t. Bitzero (NASDAQ: AIBZ) spent the last four years betting against that assumption. The company locked in more than a gigawatt of low-cost power across Norway, Finland, and North Dakota, well before the rest of the industry started fighting over every available megawatt. The c

Rumble gets 22,000 Nvidia chips, but the video company’s CEO insists this isn’t a fad-like pivot

Is Rumble’s AI expansion just Allbirds 2.0 — or a move modeled after Elon Musk?

It’s ‘unavoidable’: Apple says it will be forced to raise prices due to the AI boom

Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will inevitably be passed on to consumers.

Alerted everyone last week on $RUM and today they closed their Aquisation and currently have almost the same GPUs and data centers as $230 $NBIS could be the beginning of something big imo. This could be huge.

Would of liked to add some data photos but 22K+ GPUs and 9 data centers. AI infrastructure is going to be the future and this might the the unicorn of 2026-27. Already got one big cloud deal and the CEO is big buddies with this admin. Could land a massive Microsoft or Goverment contract. submitted by /u/Kooky_Bank_9134 [link] [comments]

Bloomberg Intelligence Podcast - Mandeep Singh’s AI commentary sounds like word salad pretending to be analysis

I’ve been following Mandeep Singh’s AI commentary for a while now, and the more I listen to him, the more it feels like he’s trying to sound smart rather than actually explaining anything clearly. His latest comments on Bloomberg Intelligence are a perfect example. He throws around terms like hyperscaler, frontier LLM, AI compute rental, coding agents, neocloud, leaderboard, token pricing, AI application domain, capex, and higher-margin revenue. All the right buzzwords are there. He knows the wo

AI nation: Is it boom, bubble or both for South Korea?

Air Force picks General Atomics, Anduril to build first CCA drone wingmen

Anduril, ShieldAI and Collins have been tapped to develop the autonomy system for the collaborative combat aircraft.

Salesforce is down a third this year on AI disruption fears. They just spent $3.6B buying the company that proves the fear is real.

I've been tracking the enterprise AI governance race since the ServiceNow debt raise back in May. The thesis has been that ServiceNow, Salesforce and Microsoft are all racing to claim the control layer for enterprise AI. Partly it's a defensive move against becoming commoditized pipelines for the hyperscalers. This week adds a sharper data point. Salesforce just signed a definitive agreement to acquire Fin, the AI customer service company formerly known as Intercom, for $3.6B. Fin's AI Agent res

Kazakhstan Bets $10 Billion on AI With Nvidia-Backed Data Center Valley

The Kazakh government has inked a $10 billion deal with US chip-making giant Nvidia and an Armenian-American cloud company to develop a 'Data Center Valley' in the country’s northern Pavlodar region. The deal is seen as anchoring a broader effort to turn Kazakhstan into a global digital hub. Kazakhstan recently adopted a development strategy called “Digital Qazaqstan“ to guide the country’s transformation into a cognitive economy through 2029. “Digital Qazaqstan represents a fundamental transiti

Amazon AI exec predicts first 'commercially useful' quantum computers in 5-7 years

Quantum computing is becoming an increasingly competitive field, with tech giants including Microsoft, Google and IBM developing the technology.

CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7

Tech leaders and heads of state, including President Donald Trump, joined a meeting about AI standards at the G7 Summit.

Allbirds continues AI pivot with name change and CEO hire, sending stock soaring

Allbirds became NewBird AI in April and said it would trade shoes for AI compute infrastructure.

($LTRN) Does It Make Sense for Lantern to Announce withZeta Before BIO2026?

Interesting timing question regarding withZeta. Lantern's CEO, Panna Sharma, is scheduled to participate in a BIO2026 executive roundtable on June 23 focused on AI-driven drug development, biotech innovation, and the future of life sciences. Given that management has repeatedly highlighted withZeta, discussed commercialization plans, and suggested it could become a meaningful value driver, I can't help but wonder: Would management prefer to provide a withZeta update before such an event? I'm not

Open AI investor Son: “AI attacks like machine guns”

Japanese open AI investor Masayoshi Son is one of the biggest proponents of artificial intelligence. Now he warns clearly about their dangers - and wants to build an AI for cyber defense.

Anthropic asked for regulation. Washington went much further

Anthropic has long been supportive of AI regulation, but the Trump administration is coming down particularly hard on the AI company.

Goodbye, Allbirds. Hello, ‘Smartbird’: Once-trendy sneaker maker’s bizarre transformation into an AI company becomes official.

Smartbird finalized the divestiture of its sneaker assets as the company eyes greener pastures in the AI-computing business.