AI model developers are increasingly seeking to secure their own AI chips, moving beyond niche efforts, as major U.S. and Chinese tech companies work to cut reliance on outside suppliers and reduce costs. OpenAI has co-developed an inference server chip with Broadcom and plans to expand its use after starting servers later this year. Reports also point to Anthropic and Chinese AI firms DeepSeek and Z.ai exploring in-house chip development.

Canada is set to announce on July 7 Korea time a preferred bidder for its Canadian Patrol Submarine Project, a competition involving a South Korean team led by Hanwha Ocean and HD Hyundai Heavy Industries and Germany’s Thyssenkrupp Marine Systems. The programme aims to build up to 12 diesel submarines to replace four Victoria-class boats retiring in the mid-2030s. Total costs could reach 60 trillion won including 30 years of maintenance and operations.