Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.
SanDisk, a US flash memory and SSD maker spun out of Western Digital last year, closed at US$1,409.98 on May 6, with shares surging nearly 430% this year as investors bet on rising demand for AI server storage, according to Chosun Daily.
Long-Term Supply Contracts Secure Revenue
The company
Ankr, a Web3 infrastructure provider, has partnered with Kite, a Layer-1 blockchain focused on independent AI agents, to launch dedicated RPC services for the Kite Chain ecosystem. According to the announcement posted May 7, 2026, the collaboration aims to provide low-latency blockchain infrastructu
South Korea's Ministry of Science and ICT and the Korea Internet and Security Agency will invest 12 billion won (US$8.31 million) in the 2026 Information Security New Technology Support Project, according to Chosun Daily. The program aims to support 50 companies working on 18 AI security tasks
Saudi Arabia's Public Investment Fund (PIF) opened an office in Shanghai in 2026 to support outbound deals in China and attract Chinese investment into the kingdom, according to the Saudi Public Investment Fund. The entity was registered in 2025 and began operating under PIF's existing Beijing offic
LG CNS, the IT services arm of South Korea's LG Group, launched its PhysicalWorks platform to train and manage mixed robot fleets through one unified software layer, according to The Korea Herald. At a demonstration, four robots from Unitree, Deep Robotics, Dexmate, and Bear Robotics moved boxes
Sony announced on May 8 in Tokyo that it expects operating profit to rise 11% to 1.6 trillion yen (US$10.2 billion) for the year ending March 2027, as gains elsewhere offset lower sales in its gaming business, according to Reuters. Operating profit for the year ended March 2026 rose 13.4% to 1.5 tri
Ramp, a New York-based corporate spend management startup, is in talks to raise US$750 million at a pre-money valuation above US$40 billion, according to TechCrunch.
Funding History
The company's latest funding activity follows a series of recent raises. In November 2025, Ramp raised US$300 milli
Bitcoin-centric DeFi platform Solv Protocol announced on Thursday that it will migrate to Chainlink from LayerZero, citing security concerns following industry incidents. The protocol will phase out LayerZero's bridging support for SolvBTC and xSolvBTC on Corn, Berachain, Rootstock, and TAC, designa
RLWRLD, a robotics AI startup backed by LG Electronics, unveiled RLDX-1, a foundation model designed for five-finger robotic hands in industrial applications, according to RLWRLD. The company released the model's weights, code, and technical documents on GitHub and Hugging Face.
Model
白宮國家經濟委員會(NEC)主任 Kevin Hassett 於 5 月 7 日接受 Fox Business 採訪時說,川普政府正研議透過行政命令要求 AI 模型在公開發布前通過政府安全審查,並類比 FDA 對藥品的上市前審批流程。但據 Politico 於 5 月 8 日報道,白宮高級官員隨後稱該言論「斷章取義」。
The Australian Securities and Investments Commission (ASIC) warned financial firms to strengthen cyber defenses, citing advanced AI models such as Anthropic's Mythos as exposing software flaws, according to Reuters. ASIC Commissioner Simone Constant said firms should act before the threat becomes