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Japan risks becoming an ‘AI colony’, its digital minister warns

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The phrase Japan’s digital minister chose was deliberately stark. Hisashi Matsumoto warned that the country risks becoming an “AI colony” if it fails to keep pace with the technology, using the term to defend a government-backed bill that would amend Japan’s personal-data protection law to let AI developers use medical and criminal records without obtaining […]

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South Korea’s labour minister wants tech firms to share AI windfalls

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The argument is about who the AI boom is for. South Korea’s labour minister, Kim Young-hoon, has called on the country’s largest technology firms to share the windfall profits flowing from the AI-driven chip cycle, warning that record sector gains risk widening the gap between the conglomerates capturing them and everyone working below the top. […]

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Nvidia’s Jensen Huang flags robotics as Korea’s next growth engine

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Nvidia’s chief executive arrived for a four-day visit pitching robotics and physical AI, and looking past the memory chips that already bind the company to Korea. Jensen Huang made the pitch before he had left the airport. Arriving at Gimpo for a four-day visit to Seoul, the Nvidia chief executive told reporters that “robotics is […]

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SoftBank’s PayPay pushes into insurance with a 70.2% T&D Life stake

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The SoftBank-backed payments app is taking a 70.2% stake in T&D Financial Life, its most capital-intensive move yet from payments into full financial services. PayPay is buying its way into life insurance. The SoftBank-backed payments company has agreed to acquire a 70.2% stake in T&D Financial Life Insurance from T&D Holdings for roughly ¥134.3bn, about […]

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Tata licenses a Chinese EV platform to rescue its stalled premium push

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India’s biggest electric carmaker will build its delayed Avinya models on a Chery platform, the latest Indian firm to borrow Chinese tech while avoiding a Chinese partner. Tata Motors has a premium electric-vehicle problem and a Chinese solution to it. India’s largest EV maker plans to license a vehicle platform from China’s Chery to get […]

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Taiwan shows off robot patrol dogs that could guard its South China Sea islands

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A military research institute demonstrated three versions of a four-legged robot, one of them armed, for possible duty on remote outposts the coast guard struggles to staff. Taiwan’s main weapons-development institute put three robot dogs through their paces on Monday, presenting them as a possible answer to a hard problem: how to keep watch over […]

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AI eclipsed nuclear weapons as the dominant threat at Asia’s premier defense summit

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The dangers of artificial intelligence eclipsed nuclear weapons as the central concern at a strategic stability panel during the Shangri-La Dialogue in Singapore, with senior military officials warning that AI-driven systems are collapsing the time available for human decision-making in conflict. The annual defense summit, held from 29 to 31 May, drew defence ministers and military […]

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MiniMax eyes a Shanghai listing after a 400% run in Hong Kong

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MiniMax went public in Hong Kong less than five months ago. Its shares have since roughly quadrupled. Now the Chinese AI startup wants to do it again, closer to home. In a filing to the Hong Kong stock exchange on Sunday, MiniMax said it is exploring a listing on Shanghai’s STAR Market, the mainland’s tech-focused […]

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SoftBank overtakes Toyota as Japan’s most valuable company on the AI rally

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SoftBank’s market cap topped Toyota’s on Monday for the first time in 23 years, lifted by its ~$65bn OpenAI stake and a Nikkei breaking 67,000 for the first time. SoftBank Group overtook Toyota Motor on Monday to become Japan’s most valuable listed company, the first time the auto giant has been dethroned from the top […]

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Samsung and LG Uplus want to turn cell towers into radar for 6G

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Samsung Electronics and LG Uplus signed a memorandum of understanding on 27 May to jointly develop Integrated Sensing and Communication, or ISAC, a technology that would allow mobile network base stations to double as environmental sensors. The agreement was signed at LG Science Park in Magok, Seoul, with Samsung Research, the advanced R&D division within […]

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