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SK Hynix breaks ground on a $4B memory packaging hub in Indiana

SK Hynix has broken ground on a plant costing more than $4B in West Lafayette, Indiana, its first US base for packaging high-bandwidth memory, with production due in the second half of 2029. Intel’s equivalent assembly and testing plant near Wroclaw was cancelled last year after state aid had been approved. SK Hynix has put […]

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JPMorgan leads a $5B debt package for Volta’s AI data centre buildout

JPMorgan has begun approaching lenders about a $5B debt package to fund Volta Infra Holdings’ AI data centre buildout, weeks after the seven-month-old company raised $300M at a $2.4B valuation. Its first major site is a 121-megawatt campus in Norway leased from bitcoin miner Bitdeer. JPMorgan has started sounding out lenders for a $5B debt […]

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UiPath founder Daniel Dines has written a book that dares readers to prove it wrong by 2028

Daniel Dines has published The Work That Remains, arguing that enterprises should let AI agents prepare work while humans own consequential decisions and deterministic automation carries them out. He stakes the framework on a dated prediction and names the evidence that would weaken it. Daniel Dines has written a book, and its most useful sentence […]

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OpenAI’s executive exodus has one big winner

Today on Decoder, I’m talking to Verge senior AI reporter Hayden Field about some pure Decoder bait: the seemingly-endless org chart changes at OpenAI, and how all of them seem to consolidate power under cofounder Greg Brockman, the company’s president. While Sam Altman is the CEO and still OpenAI’s most public face, Brockman has amassed […]

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Huawei plans more AI pharma partnerships, mainly with Chinese drugmakers

Huawei intends to sign more AI partnerships with pharmaceutical companies, according to William Zhang, president of its healthcare business unit, who told Reuters the projects currently run mainly with domestic Chinese drugmakers. The company sells compound screening tools alongside its Ascend and Kunpeng chips, the same domestic stack it has been building out since US […]

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