OpenAI’s Giant Data Center Drops Water-Cooling Plan as AI’s Resource Bill Grows
A 612-megawatt data center, one of the largest artificial intelligence facilities in the world, has abandoned its planned water-recycling cooling system. The Star reported on August 16 that the OpenAI…
Samsung and SK Hynix Head for Record $212 Billion Shareholder Payouts
The math of the memory supercycle is now visible in shareholder returns. Samsung Electronics and SK Hynix are on track to pay out a combined $212 billion this year in…
SK Square’s Record Profit Becomes Ammunition for AI and Chip Deals
The numbers that SK Square reported on August 14 came from a single source: SK Hynix. The investment holding company of South Korea’s SK Group posted second-quarter profit roughly 13…
Nvidia Plans $3 Billion Stake in SB Energy as OpenAI Guarantee Shrinks
Nvidia’s bet on OpenAI is changing shape. The chip maker is in talks to invest as much as $3 billion in SB Energy, the renewable-power company controlled by SoftBank, according…
Samsung’s First-Half R&D Hits Record 27.3 Trillion Won as Memory Boom Funds Expansion
The regulatory filing, published Aug. 14, is a snapshot of a company reinvesting every advantage it has: Samsung Electronics spent 27.3 trillion won, about $19 billion, on research and development…
Microsoft Retires Copilot Features and Mascot in a Rare Product Retreat
The mascot had a ten-month run: a round, purple creature named Mico that Microsoft introduced to give its AI assistant a face. On Aug. 13, the company said Mico is…
SpaceX Completes $60 Billion All-Stock Deal for Cursor Maker Anysphere
The deal was announced in mid-June and closed in two months, an unusually short window for a transaction of its size. On Aug. 14, SpaceX said it completed its all-stock…
X Opens Up Its Ranking Algorithm, Letting Users Check for Shadow Bans
The black box has a window now. X announced Aug. 13 that it is open-sourcing the ranking code behind its “For You” recommendation feed and launching a transparency tool that…
Tesla’s Roadster, a Decade Late, May Finally Debut This Month With Rocket Thrusters
The prototype was unveiled in 2017, a sleek two-seater that Tesla promised would be the fastest production car ever made. Nearly ten years later, the car still has not shipped.…
Norway’s Sovereign Fund Posts $185 Billion Gain, CEO Warns of Harder Times
The Norwegian sovereign wealth fund, the largest in the world, earned $185 billion in the first half of 2026, a gain driven heavily by its holdings in semiconductor companies, CNBC…
