South Korea Just Bet $1.3 Trillion on Chips. Samsung and SK Hynix Are the Wager.
Samsung and SK Hynix are pledging a combined $1.3 trillion over 10 years to build fabs, AI data centers, and robotics plants — with Seoul as the orchestrator.
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Samsung and SK Hynix are pledging a combined $1.3 trillion over 10 years to build fabs, AI data centers, and robotics plants — with Seoul as the orchestrator.

Oracle quietly eliminated 13% of its workforce in 12 months and then disclosed in a regulatory filing that AI did it — with a warning that more cuts are coming.

OpenAI confidentially filed its S-1 in May 2026, targeting a $1 trillion public listing. The catch: it loses $1.22 for every dollar of revenue it generates.

The US approved Nvidia H200 sales to China's biggest tech companies. China blocked its own firms from buying. Zero chips delivered.

Meta begins cutting 8,000 jobs today as Zuckerberg raises 2026 AI capex guidance to $145B. The trade-off is explicit: people for petaflops.

Israeli AI startup Decart just raised $300M to let developers run models on any chip. NVIDIA joined the round — because sometimes you have to bet on your own disruption.

Recursive Superintelligence just raised $650M to build AI that autonomously rewrites itself. Here's why this is the most consequential bet in tech right now.
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