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June 29, 2026, 7:20 AM
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Mediagazer
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| Song Jung-a / Financial Times: |
South Korea, Samsung, and SK Hynix say they plan to invest ~$590B to build a new chip complex, including four chipmaking plants and a chip packaging cluster — Companies to invest alongside South Korean government in factories to meet surging demand for memory chips| Yi Whan-woo / The Korea Times: |
South Korea unveils plans for new AI data centers backed by ~$357.5B from SK Group, GS Group, and Naver, targeting 8.4GW initially and 18.4GW by 2035 — President Lee Jae Myung speaks during a public briefing on the government's three flagship mega projects at Cheong Wa Dae in Seoul, Monday.| Kif Leswing / CNBC: |
Soaring memory costs are posing existential threats to small electronics makers, amid thin margins, low supply chain leverage, and little room for price hikes — Earlier this year, Mono Technologies assembled and shipped nearly 1,000 units of its flagship product, a $600 router development kit.| Hassan Mujtaba / Wccftech: |
Jefferies: memory prices are expected to rise 40%-50% in Q3 2026 and 30%-40% in Q4, as Chinese memory makers are unlikely to provide meaningful near-term relief — Memory prices are all set to rise further in the coming quarters of 2026 as persistent shortages continue to grip the market.
More: The Decoder, Notebookcheck, PC Gamer, Digital Trends, WJHG-TV, CBS News, Comic Book, and Kotaku
| Reuters: |
Sources: CXMT and Tencent sign a ~$3B, three-year DRAM supply agreement for servers ahead of CXMT's IPO; CXMT is in talks with other major Chinese companies — Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings (0700.HK) … | Matt Burgess / Wired: |
Google VP of Security Engineering Heather Adkins warns the EU's DMA proposals to open Android and Search could lead to a significant rise in fraud within weeks — Europe's pro-competition proposals could see Google Search and Android systems opened up. The company claims there are serious privacy flaws.| Timothy Prickett Morgan / The Next Platform: |
Academic papers and conference materials offer a deep dive into China's all-CPU LineShine, which pairs custom 304-core Arm CPUs with HBM to top the Top500 — It has been nine years since a Chinese HPC supercomputer was at the top of the High Performance Linpack performance rankings … | Mark Maurer / Wall Street Journal: |
AI is forcing consulting firms to shift from hourly billing to fixed-fee or outcome-based pricing, a transition proving slow and difficult for the industry — As AI threatens to make the billable hour obsolete, professional-services firms wrestle with reinventing how they charge clients
More: Bloomberg Law and Business Insider
| David Segal / New York Times: |
How a Polymarket dispute over a single syllable ignited a bitter debate; Polymarket uses Risk Labs' Optimistic Oracle to decide ~200K tough call bets per month — In mid-April, a long and testy argument erupted online over a seemingly trivial question: Did a guy in a video say “Donk”?| Sam Fleming / Financial Times: |
How the UK is betting on IT and AI to combat slow economic and productivity growth, including moving beyond the Golden Triangle of London, Oxford, and Cambridge — Regions outside London want a piece of the pie — In Sheffield, in the north of England, James Marshall is developing software … | Bloomberg: |
Chinese robotics startup AI² Robotics raised ~$736M at a ~$2.9B valuation; Alibaba-backed X Square Robot raised an undisclosed amount at a ~$2.9B valuation — Two Chinese robotics startups have been valued at more than $2.9 billion in recent funding rounds, demonstrating steady interest … | Spencer Soper / Bloomberg: |
Adobe: online spending across all retailers in the US hit $26.4B during Amazon's four-day Prime Day event, up 9.3% YoY; Walmart and Target also hosted sales — Online spending across all retailers in the US hit $26.4 billion during Amazon.com Inc.'s annual Prime Day sale, according to Adobe Inc. …
More: The Business of Fashion and Forbes
| Katrina Manson / Los Angeles Times: |
Sources: disconnected US military databases may have led to the February 28 strike on an Iranian school; some see AI as a fix, others fear it amplifies errors — - A missile strike on an Iranian elementary school in February killed an estimated 120 children after outdated U.S. intelligence misidentified …
More: The Indian Express
| Max Miller / Engadget: |
A look at security flaws, police misuse, and other concerns over the 100K+ AI-enabled automated license plate readers installed across the US, mostly from Flock — “You can't get a breath of fresh air ... without us knowing.” — Thanks to the rise of AI, a new kind of surveillance camera …
More: VTDigger and Cult of Mac
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