News & Updates
The latest news and updates from companies in the WLTH portfolio.
AMD to Supply 'Helios' AI Accelerators to Anthropic in $5 Billion Deal
Strategic equity investment and 2 GW AI infrastructure challenge Nvidia's market dominance AMD has entered into a strategic partnership with Anthropic and is pursuing an equity investment of up to 5 billion dollars (approximately 6.9 trillion Korean won). As AMD secures Anthropic as a major client following OpenAI, Meta, Oracle, and Microsoft, cracks are beginning to appear in the AI accelerator market, which had solidified into a one-strongman system led by Nvidia. ◇ AMD to Supply 'Helios' AI Accelerators on a Large Scale to Anthropic AMD announced the partnership on the first day of its 'AMD Advancing AI 2026' event, held at the Moscone West in San Francisco on the 22nd (local time). The core of the agreement is the supply of the 'Helios' AI accelerator rack system, which has a maximum capacity of 2 gigawatts (GW), to Anthropic. Under this contract, AMD will begin constructing the first 1 GW facility in the first half of 2027. A 1 GW capacity is equivalent to the power generated by one nuclear power plant, indicating that Anthropic is moving to secure large-scale AI infrastructure. The remaining 1 GW is also scheduled to be added sequentially, bringing the total contract size to a power capacity equivalent to two nuclear power plants. Anthropic plans to build a data center by integrating AMD's latest AI semiconductors, including the graphics processing unit (GPU) 'MI455X,' the server central processing unit (CPU) EPYC 'Venice,' Pensando networking equipment for data transmission, and driving software. This holds significant meaning as Anthropic has expanded its collaboration with AMD on a large scale, demonstrating trust in AMD's AI accelerators. Alongside this, AMD plans to pursue a strategic equity investment of up to 5 billion dollars in Anthropic. Given that it is rare for semiconductor companies to invest in equity while supplying large-scale GPUs to clients, this move is seen as creating a close-knit structure intertwined through capital, beyond a simple 'supplier-client' relationship. ◇ Collaboration Extends to Semiconductor Development with Claude... Strengthening Software Ties Separately from the hardware supply agreement, the two companies announced a collaboration plan to directly utilize Anthropic's AI model Claude in AMD's semiconductor development. AMD aims to enhance the completeness of its software platform 'ROCm,' which maximizes GPU performance in actual workloads, by using Claude as a development assistant tool for improving its semiconductors and software. AMD plans to further expand the use of Claude across its engineering and product development organizations. In the semiconductor industry, this approach of strengthening ties with clients from the software development stage, rather than merely selling hardware, is analyzed as a response to Nvidia's developer lock-in strategy built through the CUDA ecosystem. This announcement gains greater significance when combined with the previously revealed partnership with Microsoft for Azure. AMD has now secured all major AI companies -- OpenAI, Meta, Oracle, Microsoft, and Anthropic -- as clients. During the briefing, AMD stated that eight out of the world's top 10 AI companies are already operating workloads on its Instinct GPUs. According to a source from AMD, "The AI accelerator market has effectively been dominated by a single player, Nvidia. However, as AMD continues to secure major AI companies as clients, the trend of establishing itself as a practical alternative supplier is becoming clear."
SpaceX Stock Falls Below IPO Price, Market Cap Plummets $1 Trillion
Bond issuance, Starship test suspension, and upcoming earnings report fuel investor concerns The stock price of U.S. aerospace and artificial intelligence (AI) company **SpaceX**, which made its debut on the New York Stock Exchange last month through the largest-ever initial public offering (IPO), has significantly declined, with its market capitalization falling below the offering price within a month. On the 17th (local time), SpaceX's stock price on the New York Stock Exchange closed at $123.99, down 5.43% from the previous day. With a six-consecutive-day decline, the market capitalization shrank to $1.6316 trillion. This is a decrease of $1 trillion (approximately 1,490 trillion Korean won) from the record high of $2.64 trillion set on June 16. SpaceX raised a total of $85.7 billion (approximately 130 trillion Korean won) through the largest-ever IPO on June 10. Following oversubscription, the stock price surged immediately after listing as investor expectations grew, but recent adverse factors have caused the stock price to fall below the offering price of $135. On June 23, the company issued $25 billion in corporate bonds to repay debt, and concerns over AI infrastructure investments have intensified, leading to a downward trend in the stock price. Additionally, the sudden suspension of the 13th test flight of Starship, SpaceX's next-generation core spacecraft and the first test flight since the company's listing, on July 16 further fueled the decline. Starship is a 124-meter-tall super-heavy launch vehicle developed by SpaceX. **Elon Musk**, the CEO of SpaceX, dreams of using Starship to transport people and cargo to Mars. The disclosure of SpaceX's first earnings report in early August is also seen as a negative factor. This is because the lock-up period for a significant portion of institutional holdings in SpaceX will be lifted starting two trading days after the earnings announcement. The release of a large volume of shares into the market could drive the stock price further down.
Asia's Rocket Breakthroughs Challenge SpaceX Dominance
China recovers booster with net, Japan achieves vertical landing in reusable tech race Elon Musk's SpaceX (U.S.) has long dominated the reusable launch vehicle market, but now China and Japan are challenging its lead. On July 10, China successfully captured the first-stage booster of a rocket that deployed an actual satellite into space using a large net over the ocean. Japan, on July 11, achieved a vertical takeoff and landing of a small experimental rocket. Reusing the first-stage booster -- the most expensive part of a rocket -- reduces launch costs and increases frequency. This technology is critical for deploying satellite internet constellations and enabling lunar and Martian exploration. While SpaceX remains ahead, the entry of China and Japan signals intensifying global competition in reusable launch systems. ◇ China's Net-Based Booster Recovery China demonstrated the ability to perform a real orbital launch and recover the first-stage booster simultaneously. The China Aerospace Science and Technology Corporation (CASC) launched the Long March-10B from a commercial spaceport in Hainan on July 10, successfully placing a satellite into its designated orbit. The separated first-stage booster reignited its engines to slow its descent toward a designated maritime target. Four hooks attached to the booster were then caught by a large net on a floating platform. This marked the first time China recovered the first stage of a large rocket used in an actual orbital launch, following two previous failed attempts. Unlike SpaceX's Falcon 9, which uses landing legs to touch down on land or a drone ship, the Long March-10B employs a net-based recovery system. This approach reduces weight by eliminating landing legs, allowing for greater payload capacity. The net also accommodates movement from waves and wind, ensuring stable capture. However, full reusability requires repeated inspections and relaunches of recovered boosters. CASC plans to assess the recovered booster and attempt a reflight within the year. ◇ Japan's Low-Altitude Vertical Takeoff and Landing Test Japan validated core reusable rocket technologies -- vertical takeoff and landing, as well as precision flight control -- using a small experimental vehicle. The Japan Aerospace Exploration Agency (JAXA) successfully tested the reusable launch vehicle demonstrator "RV-X" at a test site in Noshiro City, Akita Prefecture, on July 11. The 7.3-meter-tall cylindrical RV-X is equipped with a throttleable engine, autonomous flight control systems, and four shock-absorbing landing legs. During the test, it ascended vertically to 11 meters, moved horizontally 16 meters while maintaining an upright position, and landed vertically. Though the flight lasted less than a minute, it proved the feasibility of key technologies. Japan plans to gradually increase the test altitude to approximately 100 meters and verify engine reignition and repeated flight capabilities. While still in early stages compared to China, the test marks Japan's first step toward entering the reusable rocket market. Foreign media framed these developments as challenges to SpaceX's dominance. Reuters called China's success a "major step forward in challenging the U.S.," while the Associated Press noted Japan's efforts to "secure core technologies for competing in the launch market dominated by SpaceX." ◇ South Korea Aims to Secure Core Reusability Technology by 2032 SpaceX, however, maintains a significant lead. It first landed a Falcon 9 first-stage booster in 2015 and began reusing recovered boosters for missions in 2017. To date, it has achieved over 600 successful booster recoveries and reused individual boosters more than 30 times. South Korea is still in the early stages of developing reusable launch vehicles. The Korea AeroSpace Administration plans to develop a next-generation launch vehicle based on an 80-ton methane engine, investing over 2 trillion Korean won in the project. The goal is to secure core reusability technologies by 2032 and advance toward a fully reusable launch system. With China and Japan achieving successive test successes, experts urge South Korea to accelerate its design and testing processes. "Reusable rockets are essential technology to avoid falling behind in the space race," said one industry source. "While there is consensus on its importance and direction, development must be expedited."
Elon Musk Predicts SpaceX Value to Surpass Entire Earth
Amid Wall Street valuations, analysts project SpaceX stock from $75 to $900 per share Elon Musk, CEO of U.S. electric vehicle company Tesla, claimed that the future value of SpaceX, the aerospace company he founded, would surpass the combined value of the entire Earth. According to financial weekly Barron's on July 10 (local time), Musk stated via X (formerly Twitter) the previous afternoon, "If we achieve our goals, SpaceX's value will grow larger than the rest of the planet combined." Barron's reported that Musk made this remark amid ongoing Wall Street valuations of SpaceX following its June initial public offering (IPO). In a radio interview, Musk also revealed a concrete goal of sending tens of thousands of people to a lunar base within the next 10 years. He added that astronauts would be sent to the Moon within 2-3 years, with plans to expand operations. He argued that, at some point, anyone who wishes could travel to the Moon or Mars. Musk stated, "We will build a self-sustaining city on the Moon, like a metropolis," where people could permanently relocate or take vacations. Market forecasts for SpaceX's valuation are mixed. Morgan Stanley projected that under a pessimistic scenario -- where Starship does not achieve normal operations by 2029 -- the stock price could drop to 75 dollars per share. Under an optimistic scenario, it estimated 600 dollars per share, with a target price of 300 dollars. Conversely, Citi assumed an optimistic scenario, projecting a stock price of 900 dollars, a corporate value of 12 trillion dollars, or approximately 18,000 trillion Korean won. According to financial data provider FactSet, the average analyst target price was 240 dollars per share. Sales are expected to reach 630 billion dollars by 2031, with operating profits exceeding 340 billion dollars in the same year.
Click-B Reunites After 11 Years, Discord Resolved
The members recalled, "Our fandom formed quickly, but mainstream recognition was slow. We gained recognition through our music show No. 1 win with *Baekjeonmupae*." They also honestly shared why they reunited after 11 years. Oh Jong-hyuk surprised everyone by stating, "The reason we couldn't be together for 11 years is because Min-hyuk and I didn't see each other." Yoo Ho-seok laughed, "How honest can you get?" Oh Jong-hyuk admitted, "Our values and directions were too different, and our pride was strong. We cut ties and lived separately for about 10 years." However, reconciliation came unexpectedly fast. Oh Jong-hyuk explained, "The members kept pushing us to meet, saying, 'If this continues, we'll never reunite.' We met by chance and talked for 15 minutes, and everything was resolved. Meeting face-to-face cleared up misunderstandings easily." Yoo Jae-seok, Yoon Jong-shin, and Lee Hyo-ri, who heard this, empathized, "When you get older, member conflicts aren't a big deal. It's like cutting water with a knife." The reason Click-B decided to reunite was also unique. The members said, "We've all passed 40. If not now, we'd have families and find it harder to gather. We wanted to show our fans that we're still together as 'Click-B' forever." On the day, Click-B performed their representative song *Baekjeonmupae*, recreating the emotions of 25 years ago. After the performance, Oh Jong-hyuk said, "It feels like we finally have a chance to repay our fans who waited 11 years. We just want to enjoy ourselves." He added, "Personally, it's happy just to stand on stage with all seven of us. Even after living our separate lives, when we gather, we're the same as before. We bicker over trivial things and then laugh together. I thought, 'We really haven't changed.'" Finally, Click-B announced, "We're preparing for a concert in August," and requested, "We hope for much interest and support."
Wemade's WEMIX Lists on Kraken, Western Expansion
Kraken listing boosts WEMIX liquidity, expands Western market access, with future exchange plans Wemade announced on the 8th that it has listed its virtual asset 'WEMIX' on the global cryptocurrency exchange 'Kraken.' With this listing, Kraken users can now easily trade WEMIX in U.S. dollars, a base currency. A Wemade official said, "The Kraken listing is significant in terms of securing liquidity for WEMIX and increasing exposure in Western markets," adding, "WEMIX, which has previously established its presence in the domestic, Asian, and South American markets, has now expanded its influence to institutional and individual investors in Western countries such as the U.S., Canada, and the U.K." The company plans to accelerate the expansion of WEMIX's Real-World Asset (RWA) initiatives through this Kraken listing. It intends to proceed with additional listings on major exchanges in the future, secure global liquidity, and continuously expand accessibility to the WEMIX ecosystem. Additionally, Wemade is preparing to launch an AAA-level new game to advance the WEMIX Web3 gaming ecosystem. It recently unveiled 'StableNet,' South Korea's first dedicated Layer 1 blockchain for a won-pegged stablecoin.
SpaceXAI Announces Name Change Following Merger with SpaceX
The merged entity plans to deploy AI compute satellites as space data centers starting 2028, aiming to expand AI infrastructure The AI company xAI, led by Tesla CEO Elon Musk, has changed its name to SpaceXAI. xAI announced the name change on the social media platform X (formerly Twitter) on the 6th (local time), stating, "We are now SpaceXAI." Musk's space company SpaceX, which recently entered Nasdaq through the largest-ever initial public offering (IPO), merged with xAI in February to integrate its space, AI, and social media businesses. The company plans to integrate AI into its space business in the long term, aiming to expand its AI infrastructure business, including space data centers. Although xAI is currently running losses, SpaceX has assessed that the AI business has significant growth potential. The company stated, "We plan to deploy AI compute satellites serving as space data centers starting in 2028."
Exclusive: Mirae Asset Securities to Pay 10% Interest on Failed SpaceX IPO
Firm to Compensate 1.42 Billion Won for Tied-Up Funds After Allocation Failure Mirae Asset Securities announced on the 6th that it is "strongly considering a plan to pay annual 10% passage interest to individual investors whose funds were tied up due to the failed subscription for SpaceX's initial public offering (IPO)." The compensation is estimated to amount to approximately 1.4 billion Korean won. Passage interest refers to interest calculated and paid based on the period during which funds were tied up. Mirae Asset Securities conducted the SpaceX IPO subscription for registered professional individual and corporate/institutional investors from June 5 to 10. The total offering amount was 1.14 billion dollars. Of this, 500 million dollars allocated to individual professional investors sold out within 1-2 minutes of the sale's start. However, the lead underwriter Goldman Sachs did not allocate any shares to Mirae Asset Securities during the final allocation process, causing the subscription to fail. Mirae Asset Securities fully refunded the subscription deposits on the morning of June 13. Previously, the virtual asset exchange Bybit set a precedent by paying annual 10% passage interest in a similar case. Mirae Asset Securities plans to apply the same 10% annual rate. Calculating compensation based on the amounts deposited by individual professional investors yields approximately 1.42 billion Korean won. The $300 million deposited on June 5 was tied up for 8 days until the refund date of the 13th, while the $200 million deposited on June 8 was tied up for 5 days. Applying the annual 10% rate on a daily basis, the $300 million portion accrues 657,534 dollars, and the $200 million portion accrues 273,973 dollars. The total of 931,507 dollars, when converted using the exchange rate at the time of refund (1 dollar = 1,524.8 Korean won), amounts to approximately 1.4204 billion Korean won. A Mirae Asset Securities official stated, "We deeply regret the inconvenience caused to customers awaiting subscription results. We will do our best to protect investors and provide stable services." Meanwhile, the Financial Supervisory Service has initiated an inspection into Mirae Asset Securities regarding this incident. Lee Chan-jin, head of the Financial Supervisory Service, recently said at a press briefing, "We never imagined such an incident could occur," and added that the inspection will determine whether the issue stemmed from communication failures by the lead underwriter or other factors. Mirae Asset Securities is also considering legal action if it determines that unfair treatment contributed to the allocation failure. Regarding Bloomberg's report, which claimed that a misunderstanding of the order submission process resulted in no shares being allocated, the company plans to hold Bloomberg accountable for legal responsibility.
Anthropic Eyes Samsung for Custom AI Chips
Move aligns with industry shift from NVIDIA GPUs, could bolster Samsung's foundry amid Tesla, OpenAI ties Anthropic, the world's most valuable private artificial intelligence (AI) startup with a valuation of 965 billion dollars, is in discussions with Samsung Electronics to produce its own AI chips, according to a report by U.S. IT media outlet The Information on the 2nd (local time). Anthropic reportedly hired Clive Chan, who previously worked on custom chip development at OpenAI, last month to lead its in-house AI chip development. The company is also said to be in talks with multiple chip design firms. Once the detailed design is finalized, Anthropic is considering utilizing Samsung Electronics' 2-nanometer (1 nanometer equals one-billionth of a meter) foundry process and advanced packaging. The 2-nanometer process is the latest technology and the same one Samsung uses to manufacture Tesla's AI chips. Industry observers suggest that if Samsung secures the order for Anthropic's AI chips, it could boost the foundry business, which has recently secured big tech clients like Tesla. Anthropic's move aligns with the tech industry trend of developing in-house AI chips to reduce reliance on NVIDIA's graphics processing units (GPUs), which are widely used in AI accelerators. Google has consistently released its own Tensor Processing Units (TPUs), while OpenAI recently unveiled its first custom inference chip, "Jalapeno," developed in collaboration with Broadcom. Anthropic avoided specific comments on its chip development plans, stating, "NVIDIA's GPUs, Google's TPUs, and Amazon Web Services' (AWS) 'Trainium' chips will continue to play a central role in Anthropic's computational resources." In May, Anthropic announced a 65 billion dollars (approximately 100.1 trillion Korean won) investment round, with global memory giants Samsung Electronics, SK Hynix, and Micron participating as strategic infrastructure partners. At the time, Anthropic noted, "These technologies play a key role in supplying memory, storage devices, and logic chips worldwide." South Korea's tech industry speculated that Anthropic, which is developing its own AI chips, might collaborate with Samsung's foundry business. Among the three memory companies that are Anthropic's strategic partners, Samsung is the only one operating a foundry business.
