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 (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 (Yoolim Lee/Bloomberg)

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 …



from Techmeme https://ift.tt/SYQnuPi
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 (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 (Heekyong Yang/Reuters)

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 …



from Techmeme https://ift.tt/kCXITD9
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 (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 (Bloomberg)

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 …



from Techmeme https://ift.tt/yaBiIUu
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 (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 (Wall Street Journal)

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



from Techmeme https://ift.tt/5jJOqz8
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 (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 (Cristina Criddle/Financial Times)

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.



from Techmeme https://ift.tt/oFhakZf
How LinkedIn is transforming into a "post-cringe" social network as it courts high-profile influencers, who are building audiences on corporate-friendly topics (Isabella Kwai/New York Times)

How LinkedIn is transforming into a "post-cringe" social network as it courts high-profile influencers, who are building audiences on corporate-friendly topics (Isabella Kwai/New York Times)

Isabella Kwai / New York Times:
How LinkedIn is transforming into a “post-cringe” social network as it courts high-profile influencers, who are building audiences on corporate-friendly topics  —  Celebrities and paid influencers have transformed the career-focused platform, which for some users, has become a job unto itself.



from Techmeme https://ift.tt/zZA1uiq
Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed (Caleb Mutua/Bloomberg)

Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed (Caleb Mutua/Bloomberg)

Caleb Mutua / Bloomberg:
Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 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 …



from Techmeme https://ift.tt/fQzwcE7