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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…
Lees meerMexico’s government-backed electric vehicle project Olinia has unveiled its first prototype, a six-seat passenger vehicle called the Olinia Uno, at a ceremony where President Claudia Sheinbaum drove the car onto a stage inside a Mexican Air Force ha…
Lees meerSpotify has approached concert promoters about licensing the rights to stream live video from music festivals, according to Bloomberg, as the Swedish streaming company pushes to become a broader hub for the live music economy. The company has alread…
Lees meerChina wants its electric vehicles to go on a diet. The average passenger car in the country weighed 1,704 kg in 2024, roughly a third more than in 2012, state broadcaster CCTV reported on Sunday. Many popular SUVs and MPVs now approach or exceed 2 m…
Lees meerPresident Trump signed a national security presidential memorandum on Friday ordering the US military and intelligence agencies to accelerate their adoption of cutting-edge AI. The directive, NSPM-11, establishes a framework for “rapid onboarding of…
Lees meerOpenAI has begun rolling out Lockdown Mode to ChatGPT, a new security setting designed to block attackers from stealing data through prompt injection attacks. The feature disables live web browsing, agent mode, deep research, image retrieval, Canvas…
Lees meerSriram Krishnan, the White House’s senior policy adviser on artificial intelligence, is stepping down. The former Andreessen Horowitz partner was tapped by President Donald Trump to help shape the administration’s AI strategy during his second term.…
Lees meerChinese electric vehicles face 125% cumulative tariffs, a proposed Senate ban, and fierce opposition from lawmakers and the US auto industry. But there is a growing possibility that Chinese EVs will be sold in the US within the next few years. The r…
Lees meerSwiss cleantech startup GR3N has raised €15.5 million in a Series B round to build the world’s first commercial-scale microwave-assisted PET recycling plant. The round was led by 360 Capital, with new investor VP Textile also participating. The proc…
Lees meerThe self-replicating Miasma worm has reached Microsoft‘s own GitHub repositories. GitHub disabled 73 repositories across four Microsoft organisations, including Azure, Azure-Samples, Microsoft, and MicrosoftDocs, after the worm planted malicious cod…
Lees meerA security startup’s autonomous AI agent found 21 previously unknown vulnerabilities in FFmpeg, the open-source media library embedded in almost everything that touches video. The startup, depthfirst, says the run cost roughly $1,000 in compute. Som…
Lees meerReid Hoffman is stepping down from Microsoft‘s board of directors after nearly a decade. The company disclosed the departure in a regulatory filing on Thursday. Hoffman said he wants to go “founder mode” with Manus, his AI-powered drug discovery sta…
Lees meerA former IBM cybersecurity executive has accused the company of concealing multiple data breaches by Chinese state-linked hackers. William Barlow served as IBM’s vice president of threat intelligence until August 2019. In a whistleblower lawsuit uns…
Lees meerPresident Donald Trump said on Thursday that he will likely meet with AI companies at the White House next week to discuss what he called a federal government “partnership” that would let the American public profit from the industry’s success. “Ther…
Lees meerHidden among the landmarks of General Motors’ Warren Tech Center outside Detroit is a pair of nondescript off-white buildings that house the company’s most consequential investment in years. The new Battery Cell Development Centre, spanning 500,000 …
Lees meerSpaceX has signed its second massive compute deal in a month, this time with Google. Under the terms disclosed in a regulatory filing on Friday, Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to approxim…
Lees meerPicking a press release distribution service feels a lot like shopping for phone plans. Every provider claims the widest reach and the best value. Then you read the fine print and realize the advertised price covers text-only distribution, images co…
Lees meerRussia intends to switch on a commercial version of its homegrown answer to Starlink next year, according to people familiar with the programme cited by Reuters, the latest milestone in a project that has been promising to arrive for most of a decad…
Lees meerBrian Chesky has spent years as an AI kingmaker. He met Sam Altman through Y Combinator in 2006, advised him on managing OpenAI’s hypergrowth, and helped broker Altman’s return to power after the board fired him in November 2023. He was reportedly c…
Lees meerUber blew through its entire 2026 AI coding budget by April. Microsoft revoked its developers’ Claude Code licences six months after enabling them. One company reportedly ran up a $500 million Claude bill in a single month after forgetting to set us…
Lees meerThe European Commission has appointed Jim Hagemann Snabe, chairman of Siemens’ supervisory board, as its special envoy for industrial artificial intelligence. He will advise Commission President Ursula von der Leyen and tech sovereignty chief Henna …
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