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๐Ÿ‡ฏ๐Ÿ‡ต๐Ÿ‡ฐ๐Ÿ‡ท Japanโ€™s Takaichi, South Koreaโ€™s Lee Vow Deeper Energy Ties

Japanese Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung vowed to boost cooperation on energy and security while deepening partnerships with other friendly nations amid increasing geopolitical uncertainty.

โ€œIn particular, we shared the view that the recent situation in the Middle East has further heightened the need for close bilateral cooperation in addressing instability in global supply chains and energy markets,โ€ โ€” Lee said after the meeting, speaking alongside Takaichi. ๐Ÿค


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๐Ÿค– Google, Blackstone to Create AI Cloud Firm With In-House Chips

Alphabet Inc.โ€™s Google agreed to create an AI cloud business with Blackstone Inc. The company aims to bring 500 megawatts of computing capacity online by 2027 โ€” enough power to serve a midsize city โ€” and scale substantially beyond that.

Google will supply the hardware, including its custom TPUs, along with software and services. The partnership marks Googleโ€™s biggest effort yet to commercialize and monetize its own AI chips to outside customers.

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๐Ÿค– Hyundai expands US robotics strategy with 25,000 Atlas humanoid deployment update

Hyundai plans to deploy more than 25,000 Atlas humanoid robots developed by Boston Dynamics in the US. The announcement came during a session hosted by JPMorgan Chase, where the automaker outlined its broader robotics manufacturing strategy.

Hyundai said it aims to build an annual production capacity of 30,000 Atlas robots by 2028 and plans to manufacture key robot components locally, signaling a major expansion of humanoid robotics in automotive production.

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๐ŸŽ Nissan Eyes Exporting Chinese-Made Electric Cars to Canada

Nissan Motor Co. is considering exporting cars built at a joint venture with its Chinese partner to Canada, which is opening up its market to electric vehicles made in China.

The Japanese carmaker aims to tap demand for low-cost, electric vehicles manufactured with Dongfeng Motor Group Co. in several markets, including Brazil and Mexico โ€” and potentially including Canada, Christian Meunier, Nissanโ€™s head of the Americas, said.

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๐Ÿค– Worldโ€™s first AI-native particle collider will process 500,000 collisions per second

Five hundred thousand times per second, the Electron-Ion Collider (EIC) will record a collision. At that rate, machine learning will sort, filter, and reconstruct whatโ€™s happening inside the detector. That requirement shaped the entire facilityโ€™s design.

The collider being built at Brookhaven National Laboratory in New York is the first of its kind โ€“ the first particle collider with AI and machine learning integrated into both its accelerator and detector systems from the start. It is a joint project between Brookhaven and the Department of Energyโ€™s Thomas Jefferson National Accelerator Facility, with more than 300 institutions collaborating worldwide.

The price tag sits between $1.7 billion and $2.8 billion. Operations are targeted for the mid-2030s.

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๐Ÿค UK On Verge of Trade Deal With Gulf States, Says Head of GCC

The UK is set to finalize a long-awaited trade deal with the Gulf Cooperation Council on Wednesday, deepening its ties with the oil-rich nations at a time of rising geopolitical tension and economic pressures.

British officials will sign a statement concluding the negotiations for the free trade agreement in London, the Saudi Press Agency said, citing the secretary-general of the GCC. It will mark an end to four years of talks with the group, which also includes the United Arab Emirates, Qatar, Kuwait, Oman and Bahrain.

#BRICS

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๐Ÿ”‹ Google Executive Says โ€˜Moonshotโ€™ Clean Energy Goal Is Intact

A senior executive at Alphabet Inc.โ€™s Google said the company isnโ€™t abandoning plans to run its business on 24/7 carbon-free energy by 2030, even as the buildout of data centers for AI raises questions about the feasibility of such a goal.

Ben King, Googleโ€™s country managing director for Singapore and Malaysia, said the so-called hourly matching goal โ€” whereby electricity consumption is backed by clean energy every hour of every day, in all regions in which the company operates โ€” โ€œremainsโ€ in place, in response to questions at a conference in Singapore.

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๐Ÿค‘ Circle CCTP is Live on Stellar

Circle CCTP (Cross-Chain Transfer Protocol) is live on the Stellar network. This upgrade will enhance USDC transfers to and from the Stellar ecosystem, which already supports natively issued USDC.

๐ŸŸ Now users will be able to seamlessly move USDC between Stellar and 23 supported blockchains. This improves interoperability and enables new use cases on Stellar. Wallets, apps, or services that use USDC can further interact with the Stellar ecosystem.

โ—๏ธCCTP will connect the Stellar ecosystem to crosschain USDC liquidity and to the wider portfolio of wallets, exchanges, and DeFi lending protocols that use USDC across all supported chains. This unified liquidity makes markets deeper and more efficient, allowing businesses and users to move capital between chains without bottlenecks. This is particularly important for exchanges because DEXs can give better rates and CEXs can optimize their liquidity pools.

The Stellar network is already a leader in global payments and the addition of CCTP strengthens this position by providing better liquidity access and crosschain functionality. With CCTP on Stellar, other supported chains can tap into the Stellar networkโ€™s low-cost, fast settlement and 475,000+ MoneyGram locations worldwide for seamless on and off-ramping.

#Stellar

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๐Ÿค– Discord enables end-to-end encrypted voice and video calling for every user

Discord announced that all voice and video calls through the communication platform are now protected by default with end-to-end encryption (E2EE). The implementation was completed in March. Extensive at-scale testing has given Discord the confidence to formally announce the E2EE deployment now, and to start removing client code that supports unencrypted fallback.

The migration to E2EE was achieved by extending the open-source encryption protocol DAVE to support all platforms where Discord clients run, including desktop, mobile, web browsers, PlayStation, Xbox, and Discord SDKs. The encryption layer now covers DMs, group DMs, voice channels, and Go Live streams.

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๐Ÿค SpaceX Is Planning to Buy Startup Cursor 30 Days After IPO

SpaceX expects to proceed with its acquisition of AI coding startup Cursor 30 days after Elon Muskโ€™s company begins trading publicly. Muskโ€™s rocket, satellite and AI giant is expected to file for an initial public offering as soon as Wednesday and list its shares on June 12. If the plan goes as expected, SpaceX would be on track to acquire Cursor in July.

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๐Ÿ‡บ๐Ÿ‡ธ Trump orders government, Fed to review crypto firms' access to payment rails

U.S. President Donald Trump ordered the federal government to update its regulatory frameworks to integrate "digital assets and innovative technology into traditional financial services and payment systems" in an executive order signed Tuesday.

๐Ÿ“‘ According to the document, the U.S. should foster financial technology services into its existing payment and financial services rails.

"It is therefore the policy of the United States to streamline regulatory processes, reduce unnecessary barriers to entry, and encourage collaboration between fintech firms, federally regulated financial institutions, and Federal financial regulators," โ€” the order said.


โ—๏ธThe order directed the heads of financial regulators to review their existing rules over the next three months and identify any rules or documents "that unduly impede fintech firms from entering into partnerships with federally regulated institutions."

Within six months, Trump directed regulators to "take steps to encourage innovation as a result of the review."

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๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ EU Expedites Start of US Trade Deal in Bow to Trump Demand

The European Union finalized the text of its long-delayed US trade deal after months of negotiations, clearing a major hurdle to ratifying the pact. EU lawmakers and member states reached the agreement early on Wednesday, according to the EUโ€™s rotating presidency held by Cyprus, overcoming lingering disputes that have helped stall implementation.

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๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ณ Russia and China Agree to Expand Key Cross-Border Rail Gateway

Russia and China signed an agreement on the joint construction of a new railway link across their shared border, part of a broader push to expand transport ties and trade between the two countries.

Following the talks, Vladimir Putin and Xi Jinping also signed a Joint Statement on Further Strengthening Comprehensive Partnership and Strategic Cooperation and Deepening Relations of Good-Neighbourliness, Friendship and Cooperation. The parties approved a Joint Declaration on the Formation of a Multipolar World and a New Type of International Relations.

#BRICS

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๐Ÿค‘ Ripple is 16 on the CNBC Disruptor 50, representing the role crypto infrastructure plays in bringing blockchain into real-world finance. ๐ŸŽ‰

The infrastructure era is here.

#Stellar

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๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong Targets July Launch for New Gold-Clearing System

Hong Kong plans to launch a new gold-clearing system by July, advancing the cityโ€™s ambitions to become a global hub for bullion trading. The government-owned mechanism will mirror the financial infrastructure used in London, the worldโ€™s largest bullion market, and allow participants to settle trades through unallocated accounts.

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โšก๏ธ US Seeks to Boost Energy Exports to India as Rubio Visits Delhi

The Trump administration wants to boost energy exports to India, the US ambassador in New Delhi said on Wednesday, ahead of a multi-day visit by Secretary of State Marco Rubio to the worldโ€™s most populous country.

โ€œIndia has been receptive to diversification, and what that means is buying more American energy,โ€ โ€” Ambassador Sergio Gor said. โ€œPeople have been very receptive to buying from the United States, and weโ€™ve been very happy with that.โ€


Marco Rubio will undertake a four-day visit to India beginning May 23 to further cooperation in the fields of trade, defence and energy. This will be his first visit to India.

#BRICS

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โšก๏ธ SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public ๐Ÿš€

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