SK chairman Chey Tae-won will chair Hyaico, SK hynix's US AI investment arm planning up to $10 billion
A US filing shows SK hynix President Song Hyun-jong will be chief executive as the group restructures its Solidigm unit around the new vehicle.
- KOSPI plunges 4.67% and triggers a sell-side sidecar on fears of tighter US AI data-centre rules
- Anthropic signs its first content licensing deal, with the AP for election data in Claude, ADWEEK reports
- Kakao says its AI rollout fell short of expectations and announces a 150 billion won buyback
- Microsoft delays default usage-based billing for Copilot Business sold through partners to early 2027
- South Korea posts a record $61.46 billion monthly current account surplus as AI chip exports nearly double
- OpenAI says an upcoming cyber model found 948 distinct Linux kernel root exploits for $1.2 million
- Anthropic says Claude helped map the first 3D structure of a vault particle from bacterial life
- Claude Code product lead Cat Wu leaves Anthropic for OpenAI to run core product management
- Moonshot AI releases the weights of Kimi K3.1 Pro, a 2.8T-parameter open model with a 1M-token context
- Ricursive releases Ripple-65B Preview, an open-weight coding model it says cost $32 million to build
- Axiom releases a Lean formalization of the entire Stacks Project, about 16 million lines built by AI agent swarms