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Oracle leads the race to build Japan a secret, air-gapped cloud

Oracle is leading the race to build Japan an air-gapped cloud, sealed off from the internet. Washington wants it to counter Chinese hacking. Before the US shares more of its secrets with Japan, it wants Japan to lock them down. Oracle is now the front-runner to build the vault. Larry Ellison’s company has pulled ahead […]

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Jensen Huang thanks Sega for the $5m that saved Nvidia from bankruptcy in 1995

Nvidia and Sega go back 30 years. Jensen Huang flew to Tokyo to thank the games maker for a $5m investment that saved his company from bankruptcy in 1995. “If not for what Sega did for Nvidia, Nvidia would not be here today.” That is Jensen Huang, chief executive of the world’s most valuable company, […]

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South Korea will give all 52 million citizens free AI access, becoming the first G20 nation to do so

South Korea’s Ministry of Science and ICT opened bidding on July 13 for a free, unlimited AI chatbot and public-service agent available to all 52 million residents. The programme, called “AI for Everyone,” would make South Korea the first G20 nation to offer AI to its entire population as a public service. Two or three […]

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DeepSeek is preparing an IPO and chasing a $71bn valuation, weeks after its first raise

DeepSeek is getting ready to go public. The Chinese AI lab has started laying the groundwork for an initial public offering, according to Bloomberg. It could file as soon as this year, with a debut targeted for 2027. First, though, it wants to raise more in private. The Hangzhou lab closed its first-ever outside round […]

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‘Listing is a must’: China’s LimX raises $200m as the humanoid IPO race heats up

China’s humanoid gold rush just minted another contender. LimX Dynamics has raised $200m at a $2.21bn valuation. And its founder says the race to list has become do-or-die. A Shenzhen humanoid startup has become the latest name in China’s robot boom to command a giant valuation. On Tuesday, LimX Dynamics said it had closed a […]

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Tower Semiconductor puts $3bn into Japan, and Tokyo is paying for a third of it

Tower Semiconductor said on Tuesday it will spend roughly $3bn expanding its 300mm operations in Japan, net of about $1bn in grants from the Japanese government, in a two-track build-out aimed squarely at the optical components that AI data centres are consuming faster than anyone can make them. The announcement, made with the backing of Japan’s […]

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South Korea flags a record $530bn budget, paid for by the AI chip boom

South Korea will draw up record budget spending of more than 800 trillion won ($530.97bn) for fiscal 2027, supported by stronger tax revenues from the booming AI chip industry, the government said on Monday. It is the clearest sign yet that Seoul intends to spend the semiconductor windfall rather than save it, an argument the […]

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TSMC breaks ground on more advanced packaging fabs in Chiayi

TSMC will build additional advanced packaging fabs in the second phase of the Chiayi Science Park in southern Taiwan, National Science and Technology Council minister Wu Cheng-wen said at a groundbreaking ceremony on Sunday. Packaging is where the AI supply chain currently pinches, and it is the same constraint that Nvidia’s multi-year HBM4 deal with SK Hynix […]

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Samsung pulls its first Yongin chip plant forward to 2029

Samsung Electronics is moving to begin operations at the first chip plant in its Yongin cluster in 2029, one to two years earlier than planned, industry sources told Yonhap. The pull-forward lands inside a national build-out that already carries an $880bn commitment to chips, data centres and robots, and it follows a year in which every […]

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Malaysia’s PM is sending an autonomous AI double out to serve citizens, payment links and all

Malaysia’s prime minister is trying something new: sending an autonomous copy of himself out to serve the public. Anwar Ibrahim is preparing to launch an artificial intelligence version of himself. The avatar is called PMX AI, a nod to his place as Malaysia’s tenth prime minister. Bloomberg reports it could go live within days. A […]

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