hodler

2 Jun 2026, 09:05

NEAR Co-Founder Says Quantum-Resistant Crypto to Launch This Month

BitcoinWorld NEAR Co-Founder Says Quantum-Resistant Crypto to Launch This Month Illia Polosukhin, co-founder of NEAR Protocol (NEAR), announced via X that the project plans to launch its quantum-resistant cryptography technology this month. The development marks a significant step in preparing blockchain infrastructure for the eventual threat posed by quantum computing. Quantum Threat to Blockchain Security Quantum computers, once sufficiently advanced, could theoretically break the cryptographic algorithms that secure most blockchain networks, including Bitcoin and Ethereum. Current public-key cryptography, such as elliptic curve digital signature algorithm (ECDSA), is vulnerable to Shor’s algorithm, which a powerful quantum computer could use to derive private keys from public ones. NEAR Protocol’s initiative aims to implement post-quantum cryptographic standards that would resist such attacks, ensuring long-term security for users and applications built on the network. Polosukhin’s announcement indicates that the technology is ready for deployment after research and development phases. Implications for the Crypto Ecosystem The launch of quantum-resistant features on NEAR could set a precedent for other blockchain projects. While quantum computing remains an emerging technology, the timeline for practical quantum threats is uncertain, making proactive adoption of quantum-safe cryptography a strategic priority for forward-looking networks. Industry experts note that transitioning to quantum-resistant algorithms is not trivial; it requires careful implementation to avoid introducing new vulnerabilities or degrading performance. NEAR’s approach may serve as a case study for the broader crypto ecosystem. What This Means for Users and Developers For NEAR users, the upgrade is expected to be transparent, with wallet addresses and transaction processes remaining largely unchanged on the front end. Developers building on NEAR will need to adapt their applications to support the new cryptographic standards, though the network aims to provide tools and documentation to ease the transition. The announcement also signals that NEAR is positioning itself as a security-focused blockchain, potentially attracting institutional users and projects requiring long-term data integrity. Conclusion NEAR Protocol’s upcoming quantum-resistant cryptography launch represents a proactive move to future-proof blockchain security. As quantum computing advances, such measures may become essential for maintaining trust in decentralized systems. The crypto industry will be watching closely as NEAR implements this technology in the coming weeks. FAQs Q1: What is quantum-resistant cryptography? Quantum-resistant cryptography refers to cryptographic algorithms designed to be secure against attacks from quantum computers, which could break current encryption methods like RSA and ECDSA. Q2: When will NEAR launch its quantum-resistant features? According to co-founder Illia Polosukhin, the launch is planned for this month, though an exact date has not been specified. Q3: Will the upgrade affect existing NEAR wallets and transactions? The upgrade is designed to be transparent for end users, with minimal disruption. Developers may need to update their applications to support the new cryptographic standards. This post NEAR Co-Founder Says Quantum-Resistant Crypto to Launch This Month first appeared on BitcoinWorld .

2 Jun 2026, 03:53

HPE Q2 revenue surges 40% as its AI infrastructure spending accelerates

Hewlett Packard Enterprise posted record second-quarter revenue of $10.68 billion, up 40% year over year, as companies, governments, and cloud providers accelerated spending on AI infrastructure. The stock rose more than 9% in regular trading and as much as 37% in extended sessions. HPE Q2 revenue surges 40% as its AI infrastructure spending accelerates Analysts were expecting HPE to generate revenues of $9.82 billion in the quarter, while actual figures stood at $10.68 billion, an 8.7% upside. Earnings per share stood at $0.79, almost double last year’s $0.38 and exceeding the consensus estimate by more than 46%. The growth engine was HPE’s Cloud & AI segment, which generated $7.71 billion in revenue. Within that division, server revenue reached $5.45 billion, up 32.7% year over year. The Cloud & AI segment grew 22.9% overall, whereas networking revenues rose sharply by 148.2%, following the acquisition of Juniper Networks and expanding demand for data-center networking products. The Financial Times reported that HPE shares soared on what it described as “booming demand for AI infrastructure.” HPE raises full-year outlook as AI server demand strengthens Management upgraded its fiscal 2026 outlook and announced a fiscal 2027 growth plan. HPE now anticipates revenue growth of 29 to 33 percent in fiscal 2026, with adjusted EPS of $3.35 to $3.45, up from a prior $2.30 to $2.50. It also raised its free cash flow outlook to at least $3.5 billion. As per Reuters, HPE had a total AI backlog worth $6.3 billion, of which 61 percent came from government agencies and large enterprises. According to CFO Marie Myers, companies are turning to AI workloads in increasing amounts, which boosts sales of both HPE’s dedicated AI offerings and its regular servers. AI infrastructure boom lifts HPE, Dell, and other technology stocks HPE’s performance confirms a trend across the AI infrastructure market. While HPE reported 40% total revenue growth and 32.7% server growth, its rival Dell Technologies has posted even faster expansion. Dell disclosed that AI server revenue reached approximately $16.1 billion in its latest quarter, representing 757% year-over-year growth, while its AI server backlog reached $51.3 billion. Dell raised its full-year AI server revenue guidance to $60 billion, up from $50 billion in February. Supermicro is still among the fastest-growing pure-play AI server vendors. The company reported fiscal 2025 revenue growth of approximately 47%, reaching $22 billion, driven largely by demand for GPU-based AI systems. Unlike Dell and HPE, Supermicro remains more concentrated in server hardware and, therefore, more exposed to component supply constraints and pricing pressures. Can HPE sustain AI server growth amid rising competition? HPE’s next test is execution. Investors will be watching whether the company’s $6.3 billion AI backlog converts into revenue at the margins management expects. Competition is intensifying. Dell continues to scale its AI factory strategy around Nvidia-powered systems, while Supermicro remains a leading supplier of high-density AI servers. Another area to monitor is networking. Although HPE’s networking division delivered exceptional growth overall, some analysts noted relative softness in portions of the data-center networking business compared with expectations. If you're reading this, you’re already ahead. Stay there with our newsletter .

2 Jun 2026, 01:46

Chinese robotics startup lands Nvidia deal and $616M IPO approval

Unitree Robotics got the green light from the Shanghai Stock Exchange on Monday for its STAR Market IPO. The company is looking to raise 4.2 billion yuan, which comes out to around $616 million. During the same week, Nvidia announced it would use Unitree hardware as the base layer for its first humanoid robot system built for researchers. Nvidia picks Unitree for its robotics research platform Nvidia said Monday its Isaac GR00T humanoid robot developer platform will support Unitree’s G1 humanoid robot. The setup also includes a new reference design that combines Unitree hardware, Nvidia’s Jetson Thor computing system, running on Blackwell chips, and mechanical hands from Singapore-based Sharpa. The platform targets universities and research labs. Stanford University, the University of California San Diego, and ETH Zurich are among the institutions testing it. Nvidia designed the system so researchers can test and deploy humanoid robots without needing to build every layer of hardware and software from the ground up. U.S. lawmakers have been scrutinizing Unitree over alleged ties to the Chinese government. Some have floated restrictions on its use in federally funded research. Nvidia said it’s also working with humanoid robot makers in the United States, Europe, and South Korea. Nvidia added that software updates would run through its chips to verify authenticity and guard against malicious code. It’s extending data center security features like secure boot and confidential computing to humanoid robots. Unitree IPO puts $616 million toward robot R&D Unitree plans to funnel the IPO proceeds into intelligent robot model research, new product development, and construction of a manufacturing base. The Hangzhou company’s revenue trajectory is steep. Operating revenue climbed from 159 million yuan or ~$23.5 million in 2023 to 393 million yuan or ~$58 million in 2024. Then it hit almost 1.7 billion yuan or ~$251 million in 2025. The company’s net profit jumped 674% year over year in 2025. Humanoid robots drove the growth. The category accounted for more than half of Unitree’s revenue in the first nine months of 2025, up sharply from the prior year. STAR Market opens fast lanes for strategic tech Unitree is the second company to file under a pilot prereview mechanism that the China Securities Regulatory Commission introduced in June 2025. The mechanism was designed to fast-track IPO applications from high-quality technology firms. Timothy Pope, a market analyst for CGTN, told Bastille Post that Unitree reflects a broader policy shift. Chinese regulators are creating “curated green channels” for companies in sectors the government considers strategically important. Embodied AI, semiconductors, and aerospace all qualify. “The problem for a lot of young companies in these sectors is that they reinvest almost everything that they make into R and D, which makes it very difficult for them to list on the stock markets, because there are profit-and-revenue rules governing listing,” Pope said. Other high-profile listings are moving through the same framework. Changxin Memory Technologies, China’s flagship memory chip developer, cleared its committee review last week for a planned 29.5 billion yuan or ~$4.4 billion IPO. Commercial rocket maker LandSpace is pursuing a 7.5 billion yuan (~$1.1 billion) raise for reusable launch vehicle development. The IPO and Nvidia deal position Unitree for its next growth phase, but the company’s hardware is already deployed in real-world operations. Japan Airlines began a three-year trial of two Unitree humanoid robots at Tokyo’s Haneda Airport in May 2026. They’re being used for baggage handling, container transport, and cabin cleaning. Each unit costs about $15,400 according to a previous post by Cryptopolitan. Unitree was among the first companies globally to commercialize high-performance quadruped robots for industrial use. The company specializes in humanoid and quadruped robots, robot components, and embodied AI models. The smartest crypto minds already read our newsletter. Want in? Join them .

2 Jun 2026, 00:00

China’s Onshore AI Stocks Outperform Global Peers, HSBC Report Shows

BitcoinWorld China’s Onshore AI Stocks Outperform Global Peers, HSBC Report Shows Chinese onshore artificial intelligence stocks are outperforming their global counterparts, reshaping how investors approach AI exposure, according to a new report from HSBC. The shift reflects growing confidence in China’s domestic AI ecosystem and a recalibration of risk perceptions among institutional investors. HSBC Highlights Structural Shift in AI Investment HSBC’s analysis indicates that onshore Chinese AI companies have delivered stronger returns compared to US-listed peers over recent quarters. The report attributes this to several factors, including robust domestic demand for AI applications, supportive government policies, and a relatively lower valuation base that has attracted capital inflows. The outperformance is not limited to a single subsector but spans cloud computing, semiconductor design, and enterprise AI software. The report comes amid a broader recalibration of global AI investment. While US markets have dominated headlines with companies like Nvidia and Microsoft, HSBC notes that Chinese onshore equities offer a differentiated growth story, driven by local adoption cycles and regulatory clarity that has improved over the past year. Why This Matters for Investors For global portfolio managers, the HSBC report signals that AI exposure may no longer be synonymous with US tech giants. China’s onshore market, accessible through Stock Connect and other channels, provides a complementary avenue for capturing AI growth, particularly in areas where Chinese firms lead, such as facial recognition, smart city infrastructure, and industrial automation. The outperformance also reflects a shift in sentiment. Earlier concerns over regulatory crackdowns have eased, and recent policy signals from Beijing emphasize technological self-sufficiency, especially in AI and semiconductors. This has created a more favorable environment for onshore listings, which are now seen as less vulnerable to geopolitical crosswinds than their US-listed counterparts. Key Factors Behind Onshore AI Strength HSBC identifies three primary drivers: First, strong earnings momentum among Chinese AI firms, supported by domestic enterprise spending. Second, a valuation gap that has made onshore stocks attractive relative to US peers. Third, improving liquidity and foreign investor access to China’s A-share market, which has broadened the investor base. The report also notes that the outperformance is not without risks. Trade tensions, technology export controls, and potential shifts in US-China relations remain factors that could alter the trajectory. However, HSBC maintains that the structural case for onshore AI exposure is strengthening. Conclusion HSBC’s analysis adds to a growing body of evidence that China’s onshore AI market is becoming a distinct and competitive investment theme. For investors seeking diversified AI exposure, the report underscores the importance of looking beyond traditional US-centric narratives. As the global AI landscape evolves, China’s domestic champions are increasingly shaping the conversation. FAQs Q1: What did the HSBC report say about Chinese AI stocks? The report found that Chinese onshore AI stocks have outperformed global peers, driven by strong domestic demand, supportive policies, and attractive valuations. Q2: Why are onshore AI stocks outperforming US-listed ones? Key reasons include robust earnings growth, a valuation gap favoring Chinese equities, improved regulatory clarity, and increased foreign investor access to China’s A-share market. Q3: Should global investors increase exposure to Chinese AI? HSBC suggests that onshore AI exposure offers diversification benefits, but investors should remain mindful of geopolitical risks and technology export controls that could affect the sector. This post China’s Onshore AI Stocks Outperform Global Peers, HSBC Report Shows first appeared on BitcoinWorld .

1 Jun 2026, 23:34

Tokyo becomes first foreign partner in US Genesis AI project

Japan will join the US in the Genesis Mission, a government AI program that aims to speed up scientific research. Both countries will spend $1 billion over five years to work together on developing technology. The partnership positions Tokyo alongside Washington in a bid to outpace China in artificial intelligence and related fields. Senior officials from Japan’s Ministry of Education, Culture, Sports, Science and Technology and the Ministry of Economy, Trade and Industry are expected to travel to the U.S. in early June to formally announce the arrangement with the Department of Energy, which oversees the mission, according to The Japan News . Trump initiated Genesis to link laboratories and artificial intelligence In late 2025, Trump signed an executive order that started the Genesis Mission. It directed federal agencies to combine their AI research projects, computing infrastructure, and datasets into a single framework. The initiative links supercomputers and scientific data from national laboratories with AI systems to expedite experiments, simulations, and calculations across 26 research domains. The domains encompass semiconductor development, biotechnology, nuclear fusion, and quantum technologies. The White House has compared the initiative’s ambition to the Manhattan Project and the Apollo Program. Twenty four companies signed on when the mission launched in December 2025 , including OpenAI, Nvidia, Microsoft, Amazon Web Services, and Google. Michael Kratsios, director of the White House Office of Science and Technology Policy, said in December that the mission would “dramatically increase the productivity of American scientists and researchers” by helping them “automate experiment design, accelerate simulations, and generate predictive models.” Tokyo brings robotics and chip expertise to the table Tokyo is seeking closer ties with Washington as it competes with China for AI dominance. Japan brings its own strengths in materials science, robotics, and semiconductor manufacturing. All three areas overlap with the Genesis Mission’s 26 target fields. The executive order that set up the mission makes it clear that it wants to work with other countries. It tells the National Science and Technology Council to work with the Office of Science and Technology Policy to find foreign partners whose research skills match the mission’s goals. The Genesis Mission’s executive order requires the Energy Secretary to review and update the project’s research priorities annually. It also mandates standardized rules for partnerships, including data access, cybersecurity, intellectual property, and export controls. Those frameworks will now need to accommodate an international partner for the first time. The smartest crypto minds already read our newsletter. Want in? Join them .

1 Jun 2026, 20:52

Anthropic Files for IPO, 71% Chance Goes Public Before OpenAI

Anthropic has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed initial public offering, placing the Claude developer on a possible path to one of the most closely watched stock market debuts in the artificial intelligence sector. The company said the filing covers a proposed IPO of its common stock, although it did not disclose the number of shares it may sell or the expected price range. Anthropic said the offering would move forward only after the SEC completes its review and would depend on market conditions and other factors. The confidential filing does not require Anthropic to list within a fixed period, but it allows the company to begin the regulatory review process before releasing a public prospectus to investors. The step comes as Wall Street is preparing for several large technology listings tied to artificial intelligence and advanced computing. Anthropic Moves Ahead of OpenAI in IPO Race Anthropic’s filing places the company ahead of OpenAI in the race among leading AI firms to reach public markets. OpenAI has also been preparing for a confidential IPO filing, while investor attention has also turned to SpaceX after the company moved forward with its own listing plans. Prediction markets reacted quickly to the filing. Polymarket odds showed Anthropic with a 71% chance of going public before OpenAI, a sign that traders increasingly view the Claude developer as the next major AI company likely to test public-market demand. The IPO process could give public investors a direct look at Anthropic’s financial profile after years of rapid private-market growth. The company, founded in 2021 by former OpenAI employees, is best known for Claude, its family of AI models used in consumer products, enterprise services, and software development tools. Valuation Debate Grows Around Anthropic Anthropic’s commercial growth has been tied closely to demand for Claude Code and other business-facing AI products. Reuters reported that the company recently raised $65 billion at a $965 billion post-money valuation, placing it among the most valuable private technology companies globally. The IPO filing has also fueled debate over how public investors may price the company if it lists during the current AI boom. Polymarket pricing has placed a 61% probability on Anthropic reaching a $1.8 trillion valuation at IPO, although the figure remains a prediction-market signal rather than company guidance. Source: X As per the Kobeissi Letter, the combined IPO-day market capitalization of Anthropic and SpaceX could exceed $3.5 trillion if both companies list near current expectations. That estimate reflects investor demand for AI and compute-linked assets, but the final values would depend on pricing, share structure, market conditions, and public investor appetite. SpaceX's Compute Deal Adds Another Investor Focus Anthropic’s rise has also been linked to the cost of computing capacity, which remains one of the largest expenses for advanced AI developers. The company has entered large infrastructure agreements as it works to support model training and product usage across a growing customer base. Reports have linked Anthropic to a compute agreement with SpaceX-linked infrastructure, including access to data center capacity as demand for AI infrastructure rises across the sector. According to analysts, it is estimated that Anthropic could pay about $24 billion in annual revenue per nameplate gigawatt of capacity, while SpaceX AI's buildout cost was estimated at $29 billion per gigawatt. Those figures have drawn attention because they suggest that computing infrastructure could generate large cash flows if utilization remains high. If the contract lasted five years, market estimates suggested more than $50 billion in cumulative pre-tax cash flow, although that scenario depends on contract duration, operating costs, capacity availability, and whether the deal continues beyond its initial period. However, amid the predictions, Elon Musk has pushed back against stronger interpretations of the arrangement, saying, “Let’s not get carried away. This is a short-term deal.”