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first_img The US is reportedly requesting South Korean companies to invest in local memory chip factories and ensure supply

According to the Chosun Ilbo, in the context of the U.S. government increasing pressure on investment in South Korea, the U.S. has recently made demands to the South Korean government and companies to build storage semiconductor production facilities in the U.S. and ensure a stable supply of storage chips. In response to South Korea's promotion of a 800 trillion won semiconductor cluster plan, the U.S. has also informally expressed dissatisfaction, believing that South Korea is actively supporting domestic semiconductor investments while showing a negative attitude towards investing in the U.S. This is the first time the U.S. has mentioned the South Korean government's "super project" while pressuring for investment.Minister of Trade, Industry and Energy Lee Chang-yang also discussed related matters during his recent visit to the U.S. for investment negotiations. The South Korean government believes that the U.S. semiconductor investment demands are independent of the previously agreed $350 billion investment arrangement with the U.S., and plans to announce its first investment project in the U.S. in September. Domestic semiconductor companies are concerned that if they formally accept the U.S. request to establish factories while promoting the Hunan cluster, it may create a dual burden. Additionally, it is reported that Foreign Minister Park Jin spoke with U.S. Secretary of State Rubio that evening to exchange views on investments in the U.S. and bilateral relations.

NVIDIA: SpaceXAI will deploy Vera CPU to accelerate proxy-based AI and expand the Vera Rubin platform to space-based computing

NVIDIA officially announced that SpaceXAI will deploy the NVIDIA Vera CPU to accelerate its next-generation agent-based AI applications. Vera is the first CPU specifically built for AI agents, featuring 88 NVIDIA self-developed Olympus cores, utilizing spatial multithreading technology and LPDDR5X high-bandwidth memory, with a bandwidth of up to 1.2TB/s. In scenarios such as agent-based AI, reinforcement learning, and data processing, the task completion speed can be improved by up to 1.8 times compared to x86 CPUs.Mike Nicolls, President of SpaceXAI, stated that the CPU performance and memory bandwidth of Vera are sufficient to support large-scale task orchestration, code execution, and data processing, allowing GPUs to operate at peak efficiency, thus gaining more effective output per watt of computation.SpaceXAI also plans to expand the AI infrastructure behind Grok based on the NVIDIA Vera Rubin platform, moving towards gigawatt-level computing capacity. Vera Rubin integrates NVIDIA accelerated computing, NVLink interconnect, Spectrum-X networking, and BlueField data processing technologies, aiming to reduce the cost per token and improve the overall energy efficiency of AI factories.More notably, SpaceXAI will send an optimized version of the Vera Rubin NVL72 system into space, with its first-generation Starmind AI satellite adopting this rack-level architecture, becoming the first iconic deployment of NVIDIA accelerated computing extending from ground data centers to orbital computing.

The net buying of listed companies in a single week increased by 1431.6% compared to the previous week, with Strategy cashing out $2.007 billion to increase cash reserves

According to SoSoValue data, as of 8 AM Eastern Time on August 24, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $81.48 million, an increase of 1,431.6% compared to last week.Strategy did not buy or sell Bitcoin last week but sold 18,261,118 shares of MSTR common stock, generating $2.007 billion.The Japanese listed company Metaplanet did not purchase Bitcoin last week, marking six consecutive weeks without a purchase.Additionally, two other companies announced Bitcoin purchases last week. Asset management company Strive announced on August 24 that it spent $81.48 million to purchase 1,110 Bitcoins at a price of $73,409, bringing its total holdings to approximately 21,356 Bitcoins; Ethereum asset company Bitmine announced on August 24 that it purchased 1 Bitcoin, without disclosing the specific purchase amount, bringing its total holdings to 210 Bitcoins.Furthermore, Boyaa Interactive announced on August 20 that it spent $7.35 million in the second quarter of 2026 to purchase 108 Bitcoins at a price of approximately $68,047, bringing its total holdings to 4,201 Bitcoins as of June 30, 2026.As of the time of publication, the total amount of Bitcoin held by global listed companies (excluding mining companies) in the statistics is 1,140,751 Bitcoins, an increase of 0.1% compared to last week, with a current market value of approximately $8.952 billion, accounting for 5.7% of Bitcoin's circulating market value.

first_img Gemini reaches an agreement with Apex to expand the distribution of the prediction market

According to CoinDesk, the cryptocurrency platform Gemini, founded by the Winklevoss twins, announced that it has signed a letter of intent with Apex Fintech Solutions to distribute regulated crypto prediction market contracts to brokerage clients through Apex's futures commission merchant (FCM). Under the arrangement, the subsidiary Gemini Titan will become the exclusive regulated trading venue for distributing crypto event contracts via Apex FCM, with Gemini responsible for execution and clearing, allowing brokers using Apex to offer related products without having to build their own connections to the prediction market exchange.This collaboration builds on Gemini's efforts to advance regulated prediction market layouts. Gemini Titan received a CFTC-designated contract market license in December 2025, and Gemini Olympus obtained a derivatives clearing organization license in April 2025. The two parties already have a foundation for cooperation, as Gemini launched commission-free stock trading for some U.S. clients in July, with Apex Clearing Corporation serving as the custodian and clearing broker. The company expects to finalize details in the coming weeks.Gemini CEO Tyler Winklevoss stated that he believes prediction is the future of the market. The report also mentioned the overall growth in trading volume in prediction markets, as well as the prediction market-related Command Center AI feature previously launched by Gemini.
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