뉴스

Nvidia's Huang pegs Korean AI buildout at potential $360b

Nvidia CEO Jensen Huang gave the first dollar figure for the AI infrastructure his company plans to build in South Korea, telling reporters in Seoul on Monday evening that a one-gigawatt AI factory would cost about $60 billion. Applied to the 6 gigawatts already pledged with SK Telecom and Naver a day earlier, that price points to as much as $360 billion in potential investment over the next five years. Nvidia is building up to 5 gigawatts of capacity with SK Telecom and 1 gigawatt with Naver, a

Nvidia's Jensen Huang charms South Korea, clinching AI factory deal with SK

Doosan seeks bigger role in Nvidia's AI factory ecosystem

Doosan Group said Monday it would deepen ties with US chip giant Nvidia in physical AI-driven robotics and AI factories, expanding their partnership beyond collaborative robots to build a broader AI value chain. Based on the partnership, Doosan will combine its manufacturing expertise in robotics, energy solutions and advanced materials for AI semiconductors with Nvidia’s accelerated computing and Physical AI platforms to explore new business opportunities. One of the expected synergies is Doosa

I visited Intel's robot-run AI chip factory, where the biggest danger is human skin and hair

I visited Intel's massive chip factory in Oregon, where robots outnumber people and a single human hair or skin particle can cause costly damage.

AI backlash has come for Elon Musk's massive Terafab chip factory in Texas

SpaceX has submitted proposals to build the first phase of its chipmaking moonshot, which will cost at least $55 billion, in Grimes County, Texas.

TSMC struggles to keep up with AI demand: ‘We can only support so much’

Taiwan Semiconductor Manufacturing Co. - the world's biggest semiconductor-maker - is struggling to meet demands from American customers even with its factory buildout in the US, according to reports from Reuters and Bloomberg. "Customer demand is so high, and we can only support so much," TSMC CEO C.C. Wei said after a shareholder meeting on […]

Tech Factory Orders Surge As AI Buildout Boom Rolls On

New factory orders data released Wednesday by the Census Bureau show the enormous scale of America's AI infrastructure buildout, with manufacturing orders for computers, networking equipment, power generation, and cooling systems all surging at double-digit rates compared to a year ago. The post Tech Factory Orders Surge As AI Buildout Boom Rolls On appeared first on Breitbart.

Citation, please! UK regulator slaps Google with new publishing rules for search

Action follows Chocolate Factory's changes to AI search results

수협은행, 기보와 840억 협약보증대출 공급…미래전략산업 지원

Sh수협은행이 기술보증기금과 손잡고 인공지능(AI), 바이오, 방산 등 6대 첨단전략산업을 영위하는 기술중소기업에 총 840억원 규모의 협약보증대출을 공급한다. 수협은행은 기술보증기금과 'A to F 미래전략산업 육성을 위한 생산적 금융지원 업무협약'을 체결했다고 2일 밝혔다. 협약에 따라 수협은행은 특별출연금 42억원을 출연한다. 이를 재원으로 출연금의 20배에 해당하는 총 840억원 규모의 협약보증대출을 공급할 계획이다. 지원 대상인 'A to F'는 인공지능(AI), 바이오(Bio), 콘텐츠와 문화(Contents&Culture), 방산(Defense), 에너지(Energy), 첨단제조(Factory)를 뜻한다. 우리나라 성장을 이끄는 6대 첨단전략산업을 영위하는 신기술사업자가 대상이다....

Coforge shares gain over 2% after unveiling agentic AI platform for insurance industry

Shares of Coforge rose more than 2% to their day’s high of Rs 1,495 on the BSE on Tuesday after the company announced the launch of its "Nexa Agentic AI Platform", a business platform that aims to cater to the global insurance industry.According to the company, the platform is designed to help insurers derive greater value from their existing insurance platforms and speed up time-to-market without replacing core systems. Instead, it layers AI orchestration capabilities over incumbent platforms while operating within the guardrails of leading platform providers.Built on the Coforge One AI platform, Nexa Agentic AI Platform offers a marketplace of more than 30 insurance AI assets covering underwriting, claims, product development, customer service and platform modernisation. The company said the platform is modular and composable, allowing insurers to deploy specific capabilities or adopt the full suite through an Insurance-in-a-Box model.Coforge said the platform is purpose-built for the global insurance market across Property & Casualty, Life & Annuities, Specialty insurance, as well as managing general agents (MGAs) and intermediaries. It incorporates human-in-the-loop oversight, full auditability and measurable outcomes.The platform includes six flagship orchestrators spanning the insurance value chain. These include an AI-enabled Submission Centre, which the company said can increase underwriting capacity by more than 30% through automated data extraction, validation and prioritisation.Another offering, the Agentic State Rollout Factory, is designed to automate rates, forms and filings across jurisdictions, enabling more than 25% faster realisation of new revenue. The AI-enabled Product Rollout Factory aims to accelerate product launches by 30% while improving quality and responsiveness to regulatory changes.Coforge also introduced an Agentic AI Global Expansion capability to support market entry across geographies, a Core Platform Modernisation capability that it said can reduce total cost of ownership by more than 30%, and an Agentic Claims Triaging Centre that can enable more than 35% faster claims triaging and higher straight-through processing.Rajeev Batra, Executive Vice President and Global Practice Head of Insurance at Coforge, said the platform combines the company's AI engineering capabilities with its insurance domain expertise to help clients scale AI adoption and business outcomes.Also read: Morgan Stanley says Indian stock market poised for strong year ahead. Here’s whyThe company said the platform is designed around key insurance stakeholders, including brokers, underwriters, claims adjudicators and customer service agents. Looking ahead, Coforge plans to progressively integrate insurance knowledge graphs into the platform to enhance insurance-specific reasoning across submissions, policies, claims and customer interactions.Coforge said Nexa Agentic AI Platform will form a key part of its insurance go-to-market strategy, helping clients accelerate AI adoption while preserving existing technology investments and complying with platform guardrails.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

‘AI simply can’t replicate it’: Japan embraces zine trend

KYOTO, June 2 — Through the noise of rushing papers and whirring belts at a print factory in Kyoto, two crea...

China’s SAIC plans to build first EU car plant in Spain’s Galicia

China’s SAIC Motor plans to set ⁠up a car ⁠factory in Spain’s ⁠northwestern region of Galicia that would be its first production facility in the European Union, the regional government said on Monday. Galicia’s leader Alfonso Rueda said his administration ‌had given strategic priority to the project, with an initial investment envisaged at around €200 million (US$232 million). The project, which includes a logistics hub, still requires the central government’s approval for foreign direct...

US stocks today: US stocks end higher, boosted by tech gains, US-Iran peace hopes

Wall Street stocks posted modest gains on ​Monday as investors watched developments in U.S.-Iran peace negotiations and cheered the unveiling of a new computer chip that promises to bring artificial intelligence to personal computing.Tech shares boosted the Nasdaq and the S&P 500 to their latest in a series of record closing highs.U.S. President Donald ‌Trump said talks ⁠with Iran ⁠continue. Earlier, Iran's news agency announced Tehran is halting indirect negotiations with Washington after a new round of strikes threatened to derail diplomatic efforts to ​end the war, now in its fourth month.The intensification of hostilities sent crude prices jumping, along with worries over the extent to which ​a protracted war could result in heightened, intransitory inflation."We don't really know where things stand," said Thomas Martin, senior portfolio manager at GLOBALT in Atlanta. "The market seems to think that something's going to get done at some point, but we don't have ​very good information to go on, like what the Iranians really want and ⁠what Trump ‌is willing to settle for."Stocks added to their gains after Trump said no Israeli troops would ​go into Beirut, ​citing a call with Israeli Prime Minister Benjamin Netanyahu.Nvidia jumped after the company unveiled a ⁠new chip that puts AI capabilities directly into personal computers.The chip is the ​result of a three-year partnership with Microsoft to "reinvent the PC" for the AI era, ​Nvidia CEO Jensen Huang said. Microsoft shares rose.The reaction among semiconductor stocks was mixed. Qualcomm tumbled and while Intel also fell. Micron shares rose sharply, breaching the $1,000 mark for the first time.The Philadelphia SE Semiconductor Index advanced.In economic news, U.S. factory activity expanded in May for the fifth consecutive month as goods-makers navigate tariff and geopolitical crosswinds.Investors will turn to Friday's jobs report ahead of Kevin Warsh's debut policy meeting as chairman of the U.S. Federal Reserve this month, amid fears ‌of rising inflation linked to the Iran war that could upend the stock market rally.According to preliminary data, the S&P 500 gained 20.19 points, or 0.27%, to end at 7,600.03 points, while the ​Nasdaq Composite gained ​114.75 points, or 0.43%, to 27,087.37. ⁠The Dow Jones Industrial Average rose 44.70 points, or 0.09%, to 51,076.85.Software stocks rebounded from heavy selling earlier this year on AI disruption fears. ServiceNow and IBM rose sharply. The software services index advanced."On the software side, companies that hadn't ​been doing very well, but now are doing well today," Martin added. "Some of that has been attributed to Nvidia comments that software is part of the solution, so the market's coming back to" software stocks.Cadence Design Systems jumped after launching an Nvidia-powered AI agent for chip design.Broadcom's earnings, due on Wednesday, will be closely parsed in the wake of solid results from Dell last week, which signaled strong AI server demand.

Nvidia and TSMC are bringing AI inside chip factories to boost yields and speed

The two companies are using Nvidia's accelerated computing tools across lithography, defect inspection, and factory scheduling

Autodesk is buying maintenance software company MaintainX for $3.6 billion

The all-cash deal, Autodesk's largest acquisition ever, extends the design software maker into factory and facility operations

Google, Canonical team up to certify Ubuntu images for TPU VMs

Chocolate Factory shifts Tensor Processing Unit Ubuntu support back upstream

Hitachi to deploy code-rewriting AI for fixing factory malfunctions

The Next Just-In-Time? How Agentic AI Is Rewiring The Factory

Just-In-Time reshaped manufacturing once. Agentic AI is doing it again, starting with the quoting bottleneck that quietly drains every factory's most valuable hours.

Samsung plans $1.5-billion chip testing plant in Vietnam, document shows

The new factory, for which construction has already begun in an industrial park 60 kilometers north of Hanoi, is slated to start operations in November 2027

Hyundai builds new robot units to scale Atlas deployment

Hyundai Motor Group is accelerating its push into humanoid robotics by establishing new divisions to support the deployment of Atlas, a humanoid robot developed by its US-based subsidiary Boston Dynamics, across vehicle production lines. According to media reports on Tuesday, Hyundai created a software-defined factory promotion division and appointed Alpesh Patel as its executive vice president. SDF refers to a smart manufacturing facility where AI manages production, logistics and quality contr