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Live, rolling coverage as British oil company looks for buyer amid political dispute over future drilling licencesGood morning, and welcome to our live coverage of business, economics and financial markets.BP has put its North Sea oil business up for sale, saying it will try to find a buyer amid a political dispute over whether the […]
SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s
South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing Read More »
Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profitsWhen South Korea’s most high-profile divorce case returned to court last month, the lawyers were arguing not just about the breakdown of a relationship, but also the exact
3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom Read More »
South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakersSouth Korea has leapfrogged India to become the world’s sixth largest share market, leaving equity markets in the UK, Germany and France trailing in its dust. But despite the runaway
A 40-year-old man was arrested after using artificial intelligence to generate a fake image of a runaway wolf that South Korean authorities said obstructed an urgent investigation, the BBC reported. AI-generated image of Neukgu. After Neukgu, a two-year-old wolf, burrowed out of a zoo in Daejeon city, officials launched an all-out effort to bring him
Man faces 5 years in prison for using AI to fake sighting of runaway wolf Read More »
Producers and the cultural authorities hope that technology can overcome a language barrier and take the country’s shows to the world.
Through A.I. Glasses-Powered Translation, Korea’s Theaters Hope for a K-Pop Moment Read More »
Stocks in South Korea and Taiwan, the center of global chip making, plunged on fears about energy prices. Their recovery shows the bullishness over artificial intelligence.
What the Extraordinary Market Volatility in Asia Says About Energy and A.I. Read More »
The laws have been criticised by tech startups, which say they go too far, and civil society groups, which say they don’t go far enoughSouth Korea has embarked on a foray into the regulation of AI, launching what has been billed as the most comprehensive set of laws anywhere in the world, that could prove
South Korea’s ‘world-first’ AI laws face pushback amid bid to become leading tech power Read More »
