AI & RoboticsNews

SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs

The AI chip boom just produced its biggest Wall Street moment yet. SK Hynix, a South Korean memory chip giant, said Friday it has raised $26.5 billion (KRW 40 trillion) in its U.S. market debut. SK Hynix sold 177.9 million American depositary shares (ADRs) at $149 each, structured so U.S. investors can buy in at roughly a tenth of what a full share costs in Seoul. This deal, the largest-ever U.S.
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NewsPhotography

Sayuri Ichida spent years photographing her sister after their mother died. Then she refused to let a computer anywhere near the results, hand-printing every image using a 150-year-old etching process instead

There’s a particular kind of exhibition that makes you want to put your camera down for a minute and think about what you’re actually trying to do with it. Playing the Piano Upstairs, which has just opened at the Print Sales Gallery, inside The Photographers’ Gallery in London, is one of those shows. On the surface, it’s about a photographer’s relationship with her…
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Cleantech & EV'sNews

Australia's 7 best-selling EVs are now all Chinese — even Tesla's

Australia just posted its biggest month ever for electric car sales, and for the first time seven different EVs each cleared 1,000 units in a single month. Every one of them is either Chinese-owned or Chinese-built — and that includes the Tesla Model Y that topped the chart, which rolls off the line in Shanghai. A record month, and a changing of the guard According to The Driven, which broke…
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DefenseNews

Rheinmetall, MBDA to develop laser weapon for German Navy

PARIS — Rheinmetall and MBDA will develop a high-energy laser weapon for the Germany Navy that builds on previous work by the two companies on a laser demonstrator, with the weapon system expected to be operational in 2029. The equipment office of the German armed forces…
DefenseNews

Italy busts Russian spy ring collecting data on Ukrainian air defense vulnerabilities

ROME — Russia has told one of its spies in Europe to find out more about air defense capabilities western nations are sending to Ukraine, Italian investigators have reported after breaking up an alleged espionage ring in Rome. Police who filmed and wiretapped an alleged Russian military intelligence officer quizzing an accused informant in Italy heard him demanding information on systems like…
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