The week in tech.

Apple has delayed its first smart glasses launch to a Worldwide Developers Conference unveiling in June 2027, with availability by year-end. The company is emphasizing on-device processing and no facial recognition to address privacy concerns around non-consensual recording.

Nvidia is in talks to provide $250 billion in backing for a new OpenAI data center hub, according to a Bloomberg report. The massive investment would fund a major infrastructure project for the AI company.

Apple is asking display suppliers for roughly $70 per OLED panel for the iPhone 18 Pro Max, aiming for a 20% drop from iPhone 17 Pro Max prices. Samsung Display and LG Display are expected to supply panels at about $66.50 each, using Samsung's M16 material set for improved brightness and lifespan.

Nvidia's Vera CPU, featuring 88 custom Olympus cores, has entered production and is being deployed across EDA workflows. AMD claims its Zen 6 Venice CPUs offer 20% higher per-core performance and 2.2x higher throughput compared to Vera.

BYD will unveil its first humanoid robot in early August, following an executive's statement that she hopes to place two or three robots in every store. The robots would introduce vehicles and assist with demonstrations, with household and service industry applications seen as a significant growth market.

Bitcoin rose above $65,000 and approached $67,000, a seven-week high, as oil prices dropped 5% after the U.S. and Iran paused military strikes. Ether gained over 3% to nearly $1,950, with other top tokens also rising.

Nvidia plans to invest $1 billion in Naver's artificial intelligence project. The investment supports Naver's development of AI infrastructure and services. The deal was reported by the Wall Street Journal.

China state media stated that support for open AI models has limits. The report signals a potential shift in the country's approach to artificial intelligence development and regulation.

AI companies spent record amounts on Washington lobbying in the latest reporting period. The surge reflects the industry's push to shape federal regulation and policy around artificial intelligence development.

UK lenders accuse the Bank of England of ignoring Wall Street's capital edge, claiming stricter rules put British banks at a competitive disadvantage against US rivals.