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AI NewsSamsung, SK Hynix Anchor South Korea’s $576 Bn AI and Chip Strategy to Assert Dominance

Samsung, SK Hynix Anchor South Korea’s $576 Bn AI and Chip Strategy to Assert Dominance

9:45 PM IST · June 29, 2026

Samsung, SK Hynix Anchor South Korea’s $576 Bn AI and Chip Strategy to Assert Dominance

Samsung Electronics and SK Hynix, along with suppliers, will invest $518.3 billion to build two new semiconductor fabrication plants.

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Google Expands Voluntary Buyout Programme to Five Countries Amid Heavy Spending on Artificial Intelligence

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Amid the numerous tech layoffs happening across the globe, comes news about Google that has reportedly extended its voluntary exit programme to more countries this year. While there are no confirmed details about how many employees have voluntarily signed up for it, it has now been reported that Google had expanded its voluntary buyout offers in June. The news comes shortly after software giant Microsoft offered voluntary exit buyouts to about 60,000 employees primarily in the US, UK, India and Canada. More recently, Canva trimmed down 22 percent of its workforce, which affects 1,271 employees across several countries.

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OpenAI announced GPT-6 Cyber on Thursday as its latest AI model to help security researchers identify software vulnerabilities, develop working exploits, and create fixes. According to the San Francisco-based company, it delivers significant improvements over GPT-5.6 Cyber on cybersecurity benchmarks, including a 51 percent relative improvement on ExploitGym. The AI model is also claimed to be capable of following authorised testing boundaries more reliably. OpenAI says GPT-6 Cyber has already helped uncover vulnerabilities in widely used software.

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Samsung, SK Hynix Anchor South Korea’s $576 Bn AI and Chip Strategy to Assert Dominance