agreement

AI startup Firmus announced a partnership with Meta Platforms to reach an artificial intelligence infrastructure agreement regarding GPU computing capabilities for the Firmus AI factory in Southeast Asia.

The Ministry of Commerce announced the framework for the China-U.S. Trade Council and the "300 billion for 300 billion" reciprocal tariff reduction. The U.S. side will reduce tariffs on approximately 30 billion dollars of imported goods from China, including toys, home appliances, and baby products, while the Chinese side will reduce tariffs on approximately 30 billion dollars of imported goods from the U.S., including agricultural products and medical devices. Both sides will jointly announce a list of tariff-reduced products.

According to Gate market data, Akamai's stock rose 21% in pre-market trading after the company signed a $11.6 billion cloud computing agreement with Anthropic.

Anthropic announced a $12 billion artificial intelligence computing partnership with Akamai.

Sources say that the United States and Iran are discussing a phased agreement to reopen the Strait of Hormuz and end the U.S. blockade.

BNP Paribas has signed a five-year artificial intelligence agreement with Google Cloud.

Qualcomm (QCOM.O) announced the renewal of its global patent licensing agreement with Apple (AAPL.O).

U.S. Treasury Secretary Steven Mnuchin stated that China and the United States have agreed to extend the trade truce agreement until January 10 of next year.Foreign Ministry spokesperson Geng Shuang suggested inquiring with the relevant Chinese authorities about the status of China-U.S. economic and trade consultations.

The President of the United States, Donald Trump, the Prime Minister of Denmark, Mette Frederiksen, and the Prime Minister of Greenland, Kim Kielsen, officially signed the Greenland Security Agreement.

U.S. President Trump stated that Iran is the world's number one supporter of terrorism and will never be allowed to possess nuclear weapons. Trump has repeatedly urged Iran to negotiate and mentioned that an agreement could be reached after the midterm elections. Trump emphasized that the U.S. is expanding its military assurance capabilities, with ammunition reserves far exceeding expectations, and plans to open a large ammunition factory.He also mentioned that oil flow has reached its highest level, and if the conflict with Iran ends, oil prices will drop significantly.

NScale announced that it has reached an unsecured convertible loan agreement with NVIDIA.

According to Criptonoticias, the Bolivian government has reached an agreement with the International Monetary Fund to establish a regulatory and supervisory framework for virtual assets to curb illegal capital outflows and strengthen anti-money laundering and counter-terrorism financing mechanisms. Currently, the relevant documents have not yet specified the implementation time, competent authority, and specific legislative form.Meanwhile, the government is assessing the feasibility of incorporating Tether (USDT) into the national payment system.

According to Gate market data, Generac's stock rose 33.1% in pre-market trading, as the company signed an $8 billion data center supply agreement with Amazon.

The research institution IRF, focused on building decentralized financial infrastructure for AI agents, announced the acquisition of Nomina. The scope of the acquisition includes technology, intellectual property, brand, and infrastructure, with the most significant being Nomina's intent execution protocol SolverNet. The infrastructure related to Nomina has processed over 7.5 million transactions to date.SolverNet has gone live and has been validated in a production environment, covering the Ethereum mainnet and major Layer 2 networks such as Arbitrum, Base, and Optimism, and has integrated with protocols like Symbiotic, Gearbox Protocol, and Cygnus Finance. The intent mechanism allows agents to declare expected outcomes, while the solver network competes to deliver, handling complexities such as routing, cross-chain, and gas management at the underlying level.IRF will launch on-chain yield deployment, cross-chain and cross-currency fund transfers, as well as automated configuration and rebalancing strategies based on SolverNet, with each strategy expressed through a single intent and executed by the solver network. IRF plans to release related technologies in the coming months as part of the financial product roadmap for agents.

Market news reports that Blockfusion has signed a 15-year artificial intelligence campus leasing agreement with Coreweave (CRWV.O).

SK Hynix and its union have reached an agreement on performance bonuses. According to the agreement, 50% of the bonus will be paid in cash, and the remaining 50% will be paid in company stock.SK Hynix originally planned to pay the entire performance bonus in cash. This means the company now needs to repurchase stock equivalent to at least 50% of the total bonus amount.

The trade dispute between the United States and Canada is still brewing. Canada's counter-tariff measures against the U.S. have taken effect, and the U.S. has imposed a 50% tariff on over a hundred categories of Canadian goods, which took effect on the 15th. Canadian Prime Minister Carney stated that a trade agreement must be reached when Canada's interests are respected and the timing is right.He announced that Canada will begin consultations with the European Union next month to build a security and economic alliance.

Former Sonic CEO Michael Kong posted a response to Sonic Labs' recent statement of "immediate termination of cooperation." He stated that the company still sought his assistance on the same day and expressed hope for his well-being, but the announcement did not specify the reason, leading to the misleading impression that "he may have been dismissed due to misconduct." Kong indicated that this departure was not voluntary; after working at Fantom/Sonic for over eight years, he negotiated and signed a severance and release agreement with Sonic Labs and its affiliates.Kong mentioned that for the past two and a half months, Sonic Labs repeatedly promised to fulfill the agreement but is currently refusing to do so, and the existing contractual agreements have also not been honored. The release agreement stipulates that both parties shall not publicly disparage each other, yet matters that should have been handled internally were made public by Sonic Labs, causing damage, which is why he chose to respond publicly. He noted that he had almost single-handedly won the company a lawsuit in South Korea worth approximately $150 million, which was described as one of the largest cryptocurrency disputes in South Korea, and cited a written evaluation from David Richardson, the owner of Fantom and Sonic, stating that his work should be appreciated by the foundation.Kong stated that he reserves all rights to make any claims against Sonic Labs and its affiliates.

Cisco (CSCO.O) and Nvidia (NVDA.O) expand the Splunk Intelligent Agent artificial intelligence cooperation agreement.

On-chain data shows that 1.4175 billion WLFI tokens, matching the holdings disclosed by U.S. President Trump, were transferred into a lock-up contract via a multi-signature transaction on May 19, establishing the first clear monetization timeline for his approximately $800 million holdings. Participants in this vesting plan must immediately burn 10% of the tokens upon entry and set a two-year cliff period, followed by a linear release over three years, with the earliest sale not possible until May 2028.On-chain data indicates that a total of six internal wallets transferred tokens into this contract, with the largest wallet depositing 1.575 billion WLFI, retaining 1.4175 billion after burning, consistent with Trump's disclosed holdings; two other wallets each deposited 375 million, and three wallets each deposited 225 million. This lock-up contract is currently the largest single holder of WLFI, holding 4.61 billion tokens, nearly half of the total supply. The total supply of WLFI has been reduced from a cap of 10 billion to 9.67 billion.This vesting plan was created through a governance proposal passed around May 6, with 11,537 wallets voting in support. Founders who hold tokens can choose to convert indefinite lock-up into a two-year cliff period plus a three-year vesting period, with participation being voluntary. A spokesperson for World Liberty Financial, David Wachsman, stated that the community voted in support of the founders burning tokens, and the co-founders transferred tokens into a smart contract to complete the burn, taking on the strictest lock-up conditions among all token holders.