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AI & Enterprise
Nvidia talks with OpenAI on $250 billion guarantee for Ohio data centre
Nvidia is discussing providing about $250 billion in payment guarantees for a large data centre project for OpenAI, the Wall Street Journal reported. The guarantee would support OpenAI leasing a 10-gigawatt project being developed in southern Ohio by an energy unit of SoftBank, the report said. Including chips, the overall cost could exceed $500 billion. The U.S. government would control the power, with Japan funding under a recent trade agreement.
Industry
Ecopro HN signs 33 billion won RCS supply deal with Samsung E&A
Ecopro HN said on Sunday it signed a contract with Samsung E&A to supply a centralized greenhouse gas reduction system (RCS). The contract is worth 33 billion won, and the supplied equipment will be deployed at a South Korean semiconductor company. The firm said its RCS handles perfluorinated compounds from semiconductor processes using catalyst-based technology that decomposes PFCs at about 750 to 800 degrees Celsius.
Mobility
China and Thailand lead EV war as Japan and U.S. lag, analysis says
China and Thailand are moving ahead in reshaping the global auto industry by using domestic electric vehicle rollout policies to build export competitiveness, an analysis said. The key is the pace of electrification at home rather than export results alone. China’s plans target a sharp rise in new energy vehicles on its roads, supporting scale, learning effects and supply chains. Thailand is adjusting incentives toward export compensation as it becomes an EV export base.
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Finance
KOSPI rebounds 1 percent, recovers 6,750 despite foreigners\' 2.885 trillion won net selling
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Industry
SKC Q2 operating loss of 14.4 billion won narrows 79 percent year-on-year
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Crypto
Bitcoin pauses as Middle East tensions lift oil; CLARITY bill, FOMC to set direction
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Finance
Warsh\'s second U.S. FOMC as oil back above $100 revives rate-hike expectations
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Industry
Woori Bank, industry ministry seek 8th cohort for Rising Leaders 300 programme
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AI & Enterprise
LG CNS joins global AI materials alliance, backs AX for South Korean firms
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Crypto
Bitcoin may shake off \'Q-Day\' fears as quantum roadmap becomes rebound catalyst
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Industry
Battery data becomes shield as recourse claims open in EV fire compensation
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Games & Commerce
Naver to raise $10 billion from Nvidia, Brookfield to expand AI factory globally
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Industry
Saemangeum to become physical AI, robotics hub; Han PM says Hyundai Motor investment begins new direction
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Finance
KOSPI falls below 7,000 again; sidecars triggered in both markets
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Industry
South Korea says U.S. sets 12.5% \'forced labor\' tariff; next is overproduction
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Finance
KOSPI, KOSDAQ slide over 5 percent trigger sidecar for 10th straight day
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Telecommunications & Media
Samsung price hike seen raising pressure on Apple and Google smartphone prices
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Mobility
Ford, Geely to set up European production joint venture, target first mass-produced vehicles in 2028