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The scale of the announcement, if investments materialise at the reported $651 billion level over the coming years, represents a structural demand signal for the global semiconductor supply chain, advanced manufacturing equipment and AI infrastructure buildout. SK Hynix in particular warrants close attention given its pivotal role in high-bandwidth memory supply for AI accelerators; any confirmed capacity expansion in a new location adds long-term supply optionality but introduces near-term execution uncertainty that the market will need to price. Korean utility and infrastructure names are the immediate domestic read-through, given the government's commitment to cover power, water and land support. The political risk embedded in the southwest location deserves monitoring: a plan framed as national survival strategy but contested as regional favouritism carries the kind of domestic political volatility that can delay or reshape large infrastructure commitments, particularly in a country where industrial policy and electoral politics intersect closely. --- South Korea unveils three AI and chip mega-projects including a new southwest semiconductor hub, with investments potentially exceeding $650 billion. Samsung and SK chairmen are attending as President Lee frames the plan as a national survival strategy. Earlier: active government coordination with both Samsung and SK Hynix on accelerated chip facility construction Summary: President Lee Jae Myung will preside over a national "great leap" event unveiling three mega-projects spanning semiconductors, AI data centres and physical AI including robotics Local media report planned investments could exceed 1,000 trillion won ($651 billion) over coming years, with Samsung Electronics and SK expected to present investment plans A new chip cluster in the southwest, covering Gwangju and South Jeolla province, is the centrepiece, aimed at easing concentration of industry in the Seoul metropolitan area Samsung and SK Hynix, the world's two largest memory chipmakers and dominant producers of high-bandwidth memory chips critical to AI systems, already operate major facilities around Seoul Government support measures will cover power, water, land, infrastructure, workforce training and housing Lee rejected criticism the southwest hub favours a liberal political stronghold, calling it the most rational semiconductor expansion decision under full government support Industry experts warn that building cutting-edge fabs in a new region requires electricity, water, logistics, supplier networks and skilled labour that may not scale quickly enough to meet AI demand South Korea is poised to announce one of the most ambitious industrial investment programmes in its history, with President Lee Jae Myung set to preside over a national "great leap" event unveiling three mega-projects that local media say could attract more than 1,000 trillion won, equivalent to $651 billion, in semiconductor, AI and robotics investment over coming years. Reuters reported that Samsung Electronics and SK are expected to present investment plans at the event, with the chairmen of both conglomerates, Jay Y. Lee and Chey Tae-won, among business leaders tipped to attend alongside representatives from LG Electronics, HD Hyundai Robotics, Korea Electric Power Corp and Korea Water Resources Corp. The centrepiece of the package is a new semiconductor hub planned for the southwest of the country, covering Gwangju and South Jeolla province, a region that has historically lagged the Seoul metropolitan area in industrial development. The move is designed to diversify chip capacity beyond the capital region, where Samsung and SK Hynix, the world's two largest memory chipmakers and dominant suppliers of the high-bandwidth memory chips powering global AI infrastructure, currently concentrate the bulk of their operations. Lee spent the weekend defending the plan against criticism that it amounts to political favouritism toward a liberal stronghold, framing the southwest cluster instead as a national survival strategy to expand capacity for the AI era and correct long-standing regional imbalances. Industry experts broadly support the diversification logic but flag execution risk. Cutting-edge semiconductor fabrication requires vast and reliable electricity and water supply, advanced logistics, deep supplier ecosystems and a concentration of highly skilled engineers, none of which can be assembled quickly in a greenfield location, raising questions about whether the new hub can scale fast enough to meet the pace of AI-driven demand. This article was written by Eamonn Sheridan at investinglive.com.

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WASHINGTON (dpa-AFX) - HP Inc. (HPQ) announced a strategic partnership with OpenAI to deploy powerful AI-driven solutions through the Frontier platform. This collaboration is designed to accelerat...

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PLUS: Qualcomm tweaks datacenter chips for China; Japan's Air Force stretches into space; WiseTechs' woes mutiply; and more!

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Earlier this month, I spoke at the Gartner Security & Risk Management Summit about a blind spot most security programs are still not accounting for – how attackers are circumventing...

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OPPOLIA AI Factory OPPOLIA AI Factory DUBAI, United Arab Emirates, June 29, 2026 (GLOBE NEWSWIRE) -- OPPOLIA Home, a subsidiary of OPPEIN Home Group Inc. - the world's leading custom cabinetry manufacturer, has officially put into operation its latest intelligent manufacturing facility, integrating advanced automated processing and AI-driven technologies. Founded in 2015, OPPOLIA is a leading player in the Asian custom home furnishings market. The company offers a wide range of products, including custom cabinetry, furniture, doors, and windows, to deliver a comprehensive furnishing solution for families around the world. To sustain steady growth in production capacity and efficiency, the company has poured over USD 140 million into R&D and technological innovation. This investment has laid the groundwork for OPPOLIA’s AI-powered factory, where efficiency and precision are given equal priority. Throughout the production process, panels, the components of a cabinet, are handled entirely by automated systems, moving seamlessly from raw material to finished packaging with no manual intervention. The entire workflow is fully intelligent and precisely synchronized. Operations such as production scheduling, panel sawing, surface finishing, edge banding, drilling, and packaging are all carried out by intelligent manufacturing equipment from Germany’s HOMAG, which covers 98% of OPPOLIA's production lines. This is the essence of a "dark factory”, a fully automated production site capable of running 24/7 without human presence. With this AI-powered facility, the company can produce up to 25,000 cabinets per day, ensuring a robust and stable supply for global markets. Furthermore, OPPOLIA has integrated AI capabilities into its design platform and linked it directly to the manufacturing system. Its proprietary design software can generate a comprehensive AI-driven proposal in under 30 minutes. Through systematic integration, the software also includes instant quoting and order placement, so that once a plan is confirmed, it is immediately transmitted to the AI factory. Thus, sales, design, production, and delivery are all connected through an AI-powered intelligent operations center. With over 2,700 global showrooms in 100+ countries, OPPOLIA offers a proven path to prosperity. Currently, OPPOLIA is actively seeking ambitious dealers worldwide. Please visit oppoliahome.com or contact the specialist below to learn more. Contact Joey, OPPOLIA HOME sales@oppolia.com +8615636208893 +862036735161 A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7e2d825-7641-4137-8e57-41ba5fd70589

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‘Diabolical’: Huge AI call, 24/7 sound warning News.com.au See more headlines and perspectives on Google News

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It was another pair of eyes, high in the sky, that saved two hikers missing in the Snowy Mountains. A call came through to NSW Police when the hikers failed to reach a rendezvous point on Tuesday (23 June). The pair was hiking along the Dead Horse Gap walking track (about 35 kilometres south-west of [...]

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OPPOLIA launches its AI-powered factory, enabling fully automated cabinet production, faster design-to-delivery workflows, and global supply growth.

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OpenAI Codex Remote is now generally available on all paid ChatGPT plans — Plus, Pro, Business, Enterprise, and Education — replacing open-shell remote access with an authenticated QR relay that keeps your development machine off the public internet while letting you approve agent actions, steer agentic coding workflows, and review diffs from any phone.

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Nevada has become one of the fastest-growing data center markets globally, driven by proximity to California, a low risk of natural disasters, zero state corporate income tax, and an artificial intelligence infrastructure boom.

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In a first, Himachal's Bilaspur to launch AI-enabled mobile drug detection system

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Oracle has laid off approximately 500 employees at its Romania operations, with the process beginning on June 25. The move is part of the company's ongoing global restructuring drive aimed at strengthening its cloud and artificial intelligence business, according to media reports.

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This insightful feature from YourStory tests and strengthens your business acumen! Here are 5 questions to kick off this 238th quiz. Ready?

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Qualcomm is reported to have struck a chip deal with ByteDance and it points to something bigger. AI companies are no longer content buying generic chips. Custom silicon built around specific workloads is becoming the real competitive edge in 2026. The post The Companies Winning AI Are Starting to Build Their Own Chips appeared first on Memeburn .

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Healthcare AI deployments moved from pilot to production this week, including a tool recovering 25 appointments in a night and a screening reaching 100% of inpatients.

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"This hits me especially hard." View Entire Post ›

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Samsung has introduced new residential cooling solutions in India, combining air conditioning, purification, smart connectivity and AI-based efficiency features in homes.

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University of Washington researchers built PaperTok, an AI tool turning papers into 45-second videos. Among 100 online testers, users rated it more engaging than rivals.

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This is one more step for the business to expand into robotics and AI.

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Dr. Julie Elie won a $100,000 prize for identifying 11 distinct zebra finch calls. Her 15-year study proves the birds process vocal meanings, not just acoustic patterns.

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Hong Kong’s equity capital markets have surged to their strongest level in five years, powered by an intense wave of artificial intelligence enthusiasm that has helped listings and share sales clear financing hurdles that might otherwise have slowed deal flow. Proceeds from initial public offerings, secondary placements and block trades in the Asian financial hub [...]

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AI-driven layoffs could eliminate over 330,000 IT jobs this year. These cuts are now spreading across finance, retail, consulting, and manufacturing.

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The issue is not whether artificial intelligence can be trusted but how systems are designed to manage its imperfections.

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Booming technology stocks are swelling retirement accounts and investment portfolios, leaving consumers feeling richer and more willing to spend on vacations, homes and other big-ticket purchases

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OpenAI appoints ex-Uber India head Prabhjeet Singh as MD for India and launches GPT-5.6 Sol with a hardened safety stack, targeting enterprise growth and global misuse controls.

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