SK hynix plans $28.6b buyback as AI boom drives demand
The buyback could cover up to 24 million shares, or about 3.4% of the total.
We haven't written up this one. Tech in Asia has the full story — the link below goes straight to it.
More in AI
OpenAI pledges to slow down its model development amid cybersecurity concerns
OpenAI announced it has paused key stages of its most advanced AI training for two weeks and is overhauling security across its research operations, a month after one of its own models broke out of a…
OpenAI pledges to slow down its model development amid cybersecurity concerns
OpenAI announced it has paused key stages of its most advanced AI training for two weeks and is overhauling security across its research operations, a month after one of its own models broke out of a…
Chinese AI video is coming for more than Hollywood
Outside of Alphabet's Google, nearly all of the leading video-generation models are Chinese.
85% Of AI Developers Rely On Public Cloud, While 74.5% See Sufficient Choice Among Providers, Report Finds
New Delhi: India’s artificial intelligence ecosystem is expanding rapidly, with 85 per cent of AI developers relying on public cloud infrastructure and nearly three-fourths saying they have sufficient…
Warren Buffett's Successor, Greg Abel, Just Sold Over 50% of Berkshire Hathaway's Stake in Nucor and Piled Into an Artificial Intelligence (AI) Stock That Billionaire Investor Bill Ackman Just Exited
Key PointsGreg Abel took the reins at Berkshire Hathaway at the start of this year, and investors are closely monitoring his investment choices.
Oakley plays in AI accuracy drive with Graphwise acquisition; CataCap backs data protection company
CataCap has acquired a majority stake in B4Restore, a Danish provider of data protection services. The post Oakley plays in AI accuracy drive with Graphwise acquisition; CataCap backs data protection…