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Tesla to build $10.12 billion solar cell plant in Texas, hire 9,712 in major investment

Tesla has filed plans to build a $10.116 billion solar cell plant in Fort Bend County, Texas, and said it would hire 9,712 workers. The company applied for a 10-year property tax break under the Texas JETI program and set commercial production for the first quarter of 2029. The filing describes a fully vertically integrated facility producing cells and modules from polysilicon, but Tesla said Texas is not yet the final site.

AI & Enterprise

South Korea to invest over 200 trillion won in R&D by 2030, secure 260,000 GPUs

South Korea’s Ministry of Science and ICT said it finalised its Sixth Basic Plan for Science and Technology for 2026 to 2030 after approval by the National Science and Technology Advisory Council. The plan calls for investing more than 200 trillion won in government R&D over five years and spreading an AI shift across the country. It includes securing 260,000 public-private GPUs, building a sixth supercomputer and a national AI computing centre, and focusing over 60 trillion won on 10 strategic technology fields.

AI & Enterprise

MSIT to hold Korea-ASEAN science and technology joint committee meeting in Laos

South Korea\'s Ministry of Science and ICT said it will hold the seventh Korea-ASEAN Joint Committee and Workshop on Science, Technology and Innovation on June 24 to 25 in Vientiane, Laos, with ASEAN member states and the ASEAN Secretariat. The event will share policy, review existing cooperation projects and discuss new initiatives including AI convergence and efforts toward carbon neutrality and clean air, alongside an STI workshop to identify cooperation projects under a 2025-2027 work plan.