South Korea flags a record $530bn budget, paid for by the AI chip boom

South Korea will draw up record budget spending of more than 800 trillion won ($530.97bn) for fiscal 2027, supported by stronger tax revenues from the booming AI chip industry, the government said on [...]

TCS bets on 8,900 AI deployment engineers to defend India’s IT services model

Tata Consultancy Services plans to build a team of up to 8,900 forward-deployed AI engineers and is looking for acquisition targets in AI and cybersecurity, chief executive K Krithivasan said. The mov [...]

TSMC breaks ground on more advanced packaging fabs in Chiayi

TSMC will build additional advanced packaging fabs in the second phase of the Chiayi Science Park in southern Taiwan, National Science and Technology Council minister Wu Cheng-wen said at a groundbrea [...]

Samsung pulls its first Yongin chip plant forward to 2029

Samsung Electronics is moving to begin operations at the first chip plant in its Yongin cluster in 2029, one to two years earlier than planned, industry sources told Yonhap. The pull-forward lands ins [...]

Shein is set for its Hong Kong listing hearing on Thursday

Shein is scheduled to face the Hong Kong stock exchange’s listing committee on Thursday, Reuters reported on Monday, citing people familiar with the matter. It is the final procedural gate before [...]

Xi Jinping will give the keynote at China’s flagship AI summit for the first time

Xi Jinping will attend the opening ceremony of the 2026 World Artificial Intelligence Conference in Shanghai and deliver a keynote speech, a Chinese foreign ministry spokesperson announced on Monday. [...]

Raxio raises its funding pool to $380m and heads for Tanzania

Raxio Group, the pan-African colocation operator, is entering Tanzania and has lifted its funding pool to $380m. The money comes from its two main shareholders, the French infrastructure investor Mer [...]

Taiwan indicts Nvidia manager over chips shipped to China

Taiwanese prosecutors have indicted a senior Nvidia manager and eight others over an alleged scheme that shipped 74 servers containing B300 chips to China via Japan and Indonesia. They are seeking fiv [...]

The best startup ideas may be hiding in sales rejection data

Founders ask customers what they want. Sales teams hear what they will not pay for. The first answer is useful. The second may contain more information. A customer interview can reveal frustrations, p [...]