SK Square’s Record Profit Becomes Ammunition for AI and Chip Deals
The numbers that SK Square reported on August 14 came from a single source: SK Hynix. The investment holding company of South Korea’s SK Group posted second-quarter profit roughly 13…
Temasek’s First Direct Stakes in Samsung and SK Hynix Lift Memory Shares
The news hit the Korean market on Friday afternoon: Singapore’s sovereign wealth fund Temasek had completed its first direct investments in Samsung Electronics and SK Hynix. The disclosure, reported by…
Samsung and SK Hynix Head for Record $212 Billion Shareholder Payouts
The math of the memory supercycle is now visible in shareholder returns. Samsung Electronics and SK Hynix are on track to pay out a combined $212 billion this year in…
ChatGPT’s European Free Users Will See Ads as OpenAI Opens a Third Revenue Line
The screens of millions of European ChatGPT users are about to change. Free-tier and Go-plan subscribers across the continent will begin seeing advertisements later this month, according to ppc.land, which…
Uber and Pony.ai Plan 2,000 Robotaxis Across Five European Cities
Uber’s driverless expansion is crossing the Atlantic. The ride-hailing company said on August 15 that it is expanding its partnership with Pony.ai, the Chinese autonomous-driving company, to deploy more than…
OpenAI’s Giant Data Center Drops Water-Cooling Plan as AI’s Resource Bill Grows
A 612-megawatt data center, one of the largest artificial intelligence facilities in the world, has abandoned its planned water-recycling cooling system. The Star reported on August 16 that the OpenAI…
Hedge Funds Trade Pure Semiconductors for AI Applications in Second-Quarter Filings
The 13F filings that arrived last month describe a coordinated shift. Stanley Druckenmiller’s fund added to its positions in Amazon and AMD during the second quarter while selling or eliminating…
Google Lets Users Remove Gemini Watermarks, Splitting From Anthropic on AI Labels
Two companies, one law, two answers. Google said this week that users will be able to remove the visible watermark from content generated by its Gemini AI models, according to…
Tesla’s Roadster, a Decade Late, May Finally Debut This Month With Rocket Thrusters
The prototype was unveiled in 2017, a sleek two-seater that Tesla promised would be the fastest production car ever made. Nearly ten years later, the car still has not shipped.…
OpenAI’s New ‘Ultrafast’ Mode Runs GPT-5.6 at 14 Times Normal Speed
The complaint from enterprise customers has been consistent for two years: the models are powerful, but they are slow. OpenAI addressed that complaint head-on on Aug. 13, introducing an Ultrafast…
