South Korean semiconductor exports surged 209% YoY to a record $46.65B in August, accounting for 47.5% of the country's goods exports, according to officials — South Korea's semiconductor exports have been an absolute boon for Asia's fourth-largest economy, sending overall numbers to a record.
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China-based Moonshot filed confidentially for a Hong Kong IPO; source: the company is in talks to raise a pre-IPO funding round at a $50B valuation — Moonshot AI, whose Kimi K3 open-source model has become a global hit, has filed confidentially an application for a Hong Kong initial public offering …
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Sources: Meta adjusts employee review language around “AI-driven impact” and token usage, easing off on tokenmaxxing, while promoting the use of AI agent Hatch — The company is reducing pressure on workers to use artificial intelligence tools while encouraging them to experiment with Hatch …
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A look at Loudoun County, Virginia, dubbed “Data Center Alley”, which hosts ~250 data centers and offers a glimpse into data centers' impact on communities — Massive AI infrastructure is being built out across the US. But if you want to know what the data center occupation looks like …
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Microsoft shifts from three reporting segments to two: Agents and Infra, including Microsoft 365 and Azure, and Devices and Consumer, with Windows and Xbox — Microsoft is changing its reporting structure from three segments to two—Agents and Infra, and Devices and Consumer
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