Nvidia CEO Jensen Huang Set to Meet Samsung Vice Chairman Chun Yong-hyun
On June 7, Nvidia CEO Jensen Huang shared some major updates: he’s gearing up to sit down with Samsung Electronics Vice Chairman and co-CEO Chun Yong-hyun. The timing couldn’t be more dramatic. Right before their meeting, Nvidia locked in its HBM4 supplier for the upcoming Vera Rubin AI compute platform, with Samsung, SK Hynix, and Micron making the shortlist. The race for those premium memory chips is officially on, which is why everyone’s eyes are glued to this mega-meetup.
In other news, Huang is also teaming up with SK Group chairman Choi Tae-won. They’re slated to roll out a joint partnership plan early next week.
ByteDance Shutters Car-Making Rumors Again: “Zero Equity Ties with Saidou”
Back on June 6, ByteDance had to put out an official statement squashing the rumors. Some outlets were linking “Saidou” to a Dou Bao car brand or claiming ByteDance was jumping into the auto space. ByteDance made it crystal clear: that’s just not happening. “Saidou isn’t a car brand launched by ByteDance or Dou Bao, and there’s absolutely no equity tie-up between us,” the company stated flat out.
The company also clarified that its work with automakers via Dou Bao and Volcano Engine is purely about tech support—think powering smart cockpits with large language models and boosting in-car voice interactions. It’s all about helping partners level up the driving experience, not building actual vehicles.
Baidu Launches Dedicated Division for Digital Human Innovation
Word from Beijing Business Today on June 7 is that Baidu’s MEG (Mobile Ecosystem Group) is shaking things up internally. They’re merging the commercial and e-commerce units into one massive business division. At the same time, the digital human innovation team just got promoted to its own standalone department.
BOE Maps Out Future Growth: Double Down on Glass-Core Substrates, Perovskites, and MicroLED Optical Interconnects
Dropping some insight during a recent institutional research session, BOE laid out exactly where they’re heading. Building on years of breakthroughs in display tech, glass processing, and large-scale smart manufacturing, they’re sticking to their “Screen-to-IoT” strategy. By repurposing these core capabilities, BOE is heavily investing in glass-core packaging substrates, perovskite tech, and MicroLED optical interconnects as key pillars for future growth.
When asked how the current memory price spike is rippling through the display sector, BOE’s take is pretty measured. Analysts warn that both device makers and panel suppliers might feel some pinch in specific categories. Laptops and smartphones could definitely take a hit in demand. But when it comes to TVs? Thanks to growing screen-size trends, the impact should stay pretty minimal.
The World’s First Prefabricated AI Data Center Base Goes Live in Qingdao
Cutting the ribbon on June 7, Qingdao just welcomed the global debut of a prefabricated AI data center base. Compared to traditional builds, it shaves nearly 70% off construction timelines, offering a much faster and greener way to scale up computing infrastructure.
What makes this setup stand out? It plugs straight into green power grids, guaranteeing 100% renewable energy usage. That alone drives the cost per token down by roughly 30%. Paired with smart battery storage systems, it creates a tightly synced energy-and-compute network. By matching power supply directly to AI workload demands, this system is poised to bring overall compute costs down significantly.
Rumors Swirl About Key Xpeng Robot Lead Departure, Insiders Say Things Are Smooth Sailing
Around June 6, chatter started circulating that Shi Xiaoxin, Xpeng’s Senior Director of Robotics Product Planning, had already handed in his resignation back in early June. For context, Shi was basically the founding architect of Xpeng’s humanoid robot lineup. His 1,675 days on the job spanned everything from integrating Pengxing Intelligence, folding the team into Xpeng Group, to guiding the Iron robot from first prototype to mass-production prep. Naturally, folks worried his exit would stall production. But insiders shot that down fast: “We don’t know the full story here, but honestly, our timeline is moving along smoothly.”
Google Cuts Massive Deal with SpaceX: $920 Million Monthly for Compute Power
Breaking on June 6: Google has reportedly agreed to hand over a staggering $920 million every month to SpaceX for cloud compute resources. This multi-year deal locks in monthly payments starting in October and running through mid-2029. According to Friday filings, the agreement covers access to around 110,000 Nvidia GPUs alongside CPUs, RAM, and supporting hardware. Compute capacity will ramp up gradually before September, with pricing adjusted accordingly. The contract includes a safety net—if SpaceX misses its GPU delivery deadline of September 30, 2026, Google can walk away with a 30-day grace period. Plus, either side can call it quits anytime with a standard 90-day notice.
