The deal covers AI data centres cybersecurity cooperation and a pledge to train over one million engineers and developers by 2030.
Month: June 2026
NAVER Expands Sovereign AI Infrastructure Using NVIDIA DSX Platform in South Korea
South Korean internet giant NAVER scales its GAK Sejong data centre to 55 megawatts with plans to reach gigawatt capacity using Nvidia tools.
JPMorgan Chase Reclassifies AI Investments as Core Infrastructure with $19.8B Budget
America’s biggest bank formally treats AI as essential infrastructure dedicating nearly $20 billion and 2000 staff to the technology.
Europe Pushes for Sovereign AI Capacity to Reduce Dependence on US Tech Giants
European policymakers call for indigenous AI infrastructure investment as Foxconn and Schneider expand their footprint in the region.
Foxconn and Schneider Move Deeper Into AI Infrastructure Expansion
The two giants deepen partnerships to supply hardware and energy management for the next wave of global AI data centre buildout.
ByteDance Eyes Domestic Chips to Reduce Reliance on Western AI Hardware
ByteDance is reported to be close to a major deal with Chinese chip maker Iluvatar CoreX for 50000 AI processors.
Forbes Publishes 2026 AI 50 List Spotlighting Leading Artificial Intelligence Companies
Forbes releases its annual ranking of the most important AI companies shaping business and technology in 2026.
Goldman Sachs Estimates Cumulative AI Capex of $7.6 Trillion by 2031
Goldman’s projection of AI infrastructure investment from 2026 to 2031 equals nearly a quarter of US annual GDP according to Anthropic’s Daniela Amodei.
Dow Climbs More Than 450 Points to Record Close as Oil Tumbles on Potential Iran Deal
US markets surge as crude prices fall on news of a likely US-Iran peace agreement easing fears of prolonged Middle East conflict.
DOJ Approves Paramount Acquisition of Warner Bros. Claiming It Will Increase Competition
The Justice Department clears the mega-media merger raising concerns that Trump allies will tighten control over entertainment media.