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Industry
Lee Jae-myung says he will respect corporate judgment on expanding U.S. semiconductor plants
South Korean President Lee Jae-myung said on Thursday the scale of any additional semiconductor plant construction in the United States involves corporate management decisions and South Korea’s industrial strategy, and that the government will reach a reasonable conclusion that protects national interests while respecting companies’ views. He also described talks over a $350 billion investment package with the United States as complex, and said a planned announcement has effectively fallen through as disputes continue over commercial rationality and investment returns.
AI & Enterprise
OpenAI unveils legal-focused GPT-6 \'Astra for Law\' with search across 230 million URLs
OpenAI has launched Astra for Law, an AI product tailored for legal work that combines GPT-6 Astra with legal search and analysis and drafting guidance. It includes a legal search index covering more than 230 million URLs and adds new materials daily, using CourtListener data via the Free Law Project for case law. OpenAI said the product scored 54 percent accuracy on a U.S. legal research test set, versus 38.7 percent for GPT-6 Astra using web search only.
Industry
SK hynix says nothing decided on U.S. memory production with Intel
SK hynix said on Sept. 16 that nothing has been decided regarding reports it is discussing producing memory chips in the United States with Intel. Reuters reported, citing multiple sources, that the two companies are negotiating and that SK hynix is considering leasing part of Intel’s Ohio site or forming a joint venture involving Intel and large cloud companies that are memory customers. SK hynix said it is reviewing various options to strengthen competitiveness.
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Crypto
Japan 20-year bond yield tops 3.8 percent, will yen shock hit bitcoin
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AI & Enterprise
AWS still unable to restore Bahrain, UAE facilities six months after Iran drone strikes
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Crypto
Bitcoin slides to $75,500 on surging bond yields, Clarity Act setback
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Crypto
U.S. Senate fails to advance Clarity Act, raising questions for crypto market
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AI & Enterprise
DeepSeek taps first CFO ahead of IPO to step up low-cost AI push
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Crypto
Record donation: Crypto figures give 72 million pounds to UK\'s rightwing party Reform UK
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Crypto
Kalshi launches perpetual gold and silver futures trading after winning CFTC approval
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AI & Enterprise
DeepSeek pushes for Shanghai STAR Market listing, plans to start process this year
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Crypto
Bitcoin gives back $80,000 in a day on surprise strength in U.S. August jobs data
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AI & Enterprise
Moonshot AI files confidential for Hong Kong IPO as Kimi K3 boosts profile; valuation of $50 billion cited
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AI & Enterprise
SB Energy IPO filing reveals reliance on OpenAI, linking leases, investment and board rights
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Crypto
BIS says stablecoins still fall short as payment tool, tokenised deposits back in focus
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AI & Enterprise
Big tech steps up push into physical AI
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AI & Enterprise
Moonshot AI in talks with U.S. cloud big three on revenue sharing for Kimi K3 model
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AI & Enterprise
Google launches Gemini Enterprise for Legal targeting law firms, heating up legal AI race