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SK Hynix is planning a US listing of up to $14bn to cash in on the AI memory boom

SK Hynix is preparing to list in the United States in a deal that could raise as much as $14bn as soon as August, according to people familiar with the plan. The Korean memory maker has made a confidential filing for American depositary receipts, and the US Securities and Exchange Commission is expected to review […]

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Ambani-backed Addverb wants $100 million to build India’s answer to Unitree and Tesla Optimus

Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani’s Reliance Industries, is seeking to raise more than $100 million to fund development of humanoid and quadruped robots and build the AI systems to train them. CEO Sangeet Kumar told Bloomberg the raise is the company’s first major fundraising effort since Reliance’s $132 million investment […]

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SoftBank briefly became Japan’s most valuable company. The last time that happened was February 2000.

SoftBank knocked Toyota off its perch as Japan’s most valuable company last week, after a stock rally inflated the conglomerate’s market capitalisation by more than $120 billion in six months. Three days later, Toyota reclaimed the top spot. The last time SoftBank held that position was February 2000, when the dot-com bubble was on the cusp of […]

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Nvidia and Hyundai go deeper on robotics, with Boston Dynamics’ Atlas at the centre

The lobby of Hyundai’s Seoul headquarters now waters its own plants. On Monday it was also handling security and deliveries, a row of robots laid on for one important visitor: Jensen Huang. Nvidia’s chief executive was in the South Korean capital to deepen the chipmaker’s alliance with Hyundai Motor Group, and the pitch on display […]

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South Korea’s AI chip boom is so strong it’s crushing the bond market

The AI boom that has made Samsung and SK Hynix trillion-dollar companies and sent the Kospi up roughly 80% is doing something unusual to South Korea’s bond market: destroying it. Korean government bonds have lost 7.5% in 2026 in local-currency terms, the worst performance among 44 sovereign markets tracked by Bloomberg. The benchmark three-year yield has climbed […]

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

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

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

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

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

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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