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Google disclosed a $920M-per-month GPU compute deal with SpaceX on June 5, 2026
Google disclosed on June 5, 2026 that it will pay SpaceX $920 million per month for access to GPU computing capacity, with usage set to ramp through September and key delivery milestones tied to late 2026. The agreement includes a 90-day cancellation option after December 31, 2026 and provisions allowing Google to exit or accept discounted capacity if SpaceX misses the September 30 GPU delivery target.
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US Tightens AI Chip Export Licensing on June 1, 2026, Cutting Nvidia's China Revenue by $17B
On June 1, 2026, the U.S. Department of Commerce extended export-license requirements for advanced AI chips to overseas subsidiaries of China-headquartered companies. The change helped push Nvidia's share of China's AI accelerator market from 95% to zero, removing about $17 billion in annual revenue tied to China. Nvidia also estimates the market it exited is trending toward $50 billion.
BTC
BTC+0.58%
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6-5
China's Humanoid Robot Supply Chain: One Unit Every 30 Minutes, 90% of 2025 Sales
A factory in Guangdong can assemble one humanoid robot every 30 minutes, as China accounted for nearly 90% of global humanoid robot sales in 2025. Global deliveries topped 13,000 units in 2025, while leading Chinese vendors Unitree and Agibot shipped 5,500 and 5,168 units, respectively. Cost comparisons suggest the West may pay far more for comparable builds, largely due to supply-chain dependence on Chinese components.
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Japan Enables Qualified Foreign Stablecoins and Promotes Yen Stablecoins On-Chain
On June 1, 2026, Japan put new Financial Services Agency rules into effect to recognize qualified foreign stablecoins as electronic payment instruments, while the ruling LDP's blockchain panel urged wider use of yen-denominated stablecoins for Asian cross-border payments. The shift comes as the global stablecoin market is over $240 billion and remains heavily dollar-centric, even as local players such as JPYC and bank-backed initiatives target large-scale yen issuance and settlement.
ETH
ETH+0.57%
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