Dylan Butts

South Korea-based memory maker SK Hynix announced Tuesday it will invest 19 trillion Korean won ($12.9 billion) to build a new advanced packaging plant, as it expands production to meet rising demands tied to artificial intelligence. The new facility will... See more

Malaysia and Indonesia blocked access to Elon Musk's artificial intelligence chatbot Grok over the weekend due to concerns that the tool was being used to generate non-consensual, sexually explicit and obscene content. Malaysian regulators ordered tempora... See more

China-based AI startup MiniMax Group surged as much as 90% on its first day of trading in Hong Kong on Friday, becoming the second major Chinese developer of large language models to go public. The company raised HK$4.8 billion ($620 million) in its IPO, ... See more

Shares of Knowledge Atlas Technology JSC, better known as Zhipu, edged higher on their Hong Kong debut, following a $558 million initial public offering that made it the first of China's "AI tigers" to go public. The stock rose around 10% above its offer ... See more

South Korea's Samsung Electronics expects its profits to triple in the final three months of last year, reaching a record high, as memory prices surge amid booming demand tied to artificial intelligence. The world's largest memory chipmaker estimated that... See more