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Foxconn Third Quarter Set to Outperform as AI Demand Drives Record $29.15B August Revenue

Foxconn expects its third-quarter performance to exceed market expectations as AI demand continues accelerating. The contract electronics manufacturer reported record August revenue of $29.15 billion, up 51.98% year-over-year, marking the second consecutive month above $28.46 billion as the Nvidia partner capitalizes on surging AI server demand.

Business6 sources

Foxconn Third Quarter Set to Outperform as AI Demand Drives Record $29.15B August Revenue

Business6 sources

Palantir Stock Plunges 7% as Google AI Targets Government Clients with Gemini 3.8 Flash Cyber

Palantir stock dropped 7% to $168.29 after Google DeepMind launched Gemini 3.8 Flash Cyber, an AI model for cybersecurity and vulnerability detection aimed at government agencies through its Fairwind Program. The move directly challenges Palantir's dominance in defense AI, triggering investor concerns despite PLTR winning a U.S. Army contract the same day.

Business3 sources

Palantir Stock Plunges 7% as Google AI Targets Government Clients with Gemini 3.8 Flash Cyber

Business3 sources

Jensen Huang Warns Countries: Build AI Infrastructure Now or Risk Being Left Behind

Nvidia CEO Jensen Huang urged G20 leaders to accelerate AI adoption and build domestic AI infrastructure, warning that being left behind is the worst outcome. Speaking at the G20 Innovation Ministerial in Chapel Hill, he called AI as essential as electricity and roads, while cautioning against over-regulation based on hypothetical risks.

Policy5 sources

Jensen Huang Warns Countries: Build AI Infrastructure Now or Risk Being Left Behind

Policy5 sources

Tech Pilgrims Flock to China as Global Innovation Race Intensifies With AI and Advanced Manufacturing

Foreign investors and entrepreneurs are paying thousands to tour Chinese factories showcasing humanoid robots, AI models, and electric-vehicle plants. The surge reflects fears of falling behind as China's technological advancements in AI and robotics challenge Western dominance in the global innovation race.

Business2 sources

Tech Pilgrims Flock to China as Global Innovation Race Intensifies With AI and Advanced Manufacturing

Business2 sources

Coforge Launches AI Launchpad to Help Enterprises Build and Run AI Stacks In-House

Coforge unveiled AI Launchpad, an enterprise AI platform that enables organizations to build, deploy and operate their own AI stacks within controlled environments. Powered by Coforge Nuuron, the offering addresses challenges around data sovereignty, cost governance and vendor lock-in while helping move AI projects from pilots to production.

Technology2 sources

Coforge Launches AI Launchpad to Help Enterprises Build and Run AI Stacks In-House

Technology2 sources

Cerebras Systems Accelerates Global AI Data Center Expansion with Finland Deal

Cerebras Systems is rapidly expanding its international AI data center footprint with a new 165-megawatt facility in Finland and operations across Canada and Europe. The company secured over 600 megawatts of capacity while competing against NVIDIA in the global AI infrastructure market.

Business5 sources

Cerebras Systems Accelerates Global AI Data Center Expansion with Finland Deal

Business5 sources

Manus Resumes Independent Operations After China Blocks Meta's $2 Billion Acquisition Deal

AI startup Manus has formally resumed independent operations months after China blocked Meta's $2 billion acquisition. The regulatory intervention highlights Beijing's tightened controls on cross-border AI technology transactions and growing geopolitical tensions between the US and China over AI capabilities.

Business2 sources

Manus Resumes Independent Operations After China Blocks Meta's $2 Billion Acquisition Deal

Business2 sources

South Korea Proposes Record $597 Billion 2027 Budget to Supercharge AI Investment

South Korea unveiled its largest-ever budget proposal of $597 billion for 2027, marking a historic 12.8% increase from 2026. The expansionary plan leverages unprecedented semiconductor profits from Samsung Electronics and SK Hynix to fuel AI investment and strengthen the nation's position in the global tech race.

Policy3 sources

South Korea Proposes Record $597 Billion 2027 Budget to Supercharge AI Investment

Policy3 sources

AMD, Cisco and HUMAIN Activate AI Infrastructure in Saudi Arabia With 1 GW Target by 2030

AMD, Cisco and HUMAIN brought production AI infrastructure online in Saudi Arabia using AMD Instinct MI355X GPUs and Cisco Silicon One networking. The operational system delivers GPU-as-a-service for AI model training and inference, marking a shift from announced plans to live deployment in under a year.

Technology5 sources

AMD, Cisco and HUMAIN Activate AI Infrastructure in Saudi Arabia With 1 GW Target by 2030

Technology5 sources

Broadcom launches AI Factory to simplify enterprise AI infrastructure deployment

Broadcom unveiled VMware AI Factory at VMware Explore, integrating with Supermicro, Cisco and AMD to automate AI infrastructure management from hardware provisioning to model deployment. The solution targets enterprises struggling with deployment complexity, GPU capacity constraints and the shift from pilot projects to production AI workloads in private cloud environments.

Technology23 sources

Broadcom launches AI Factory to simplify enterprise AI infrastructure deployment

Technology23 sources

South Korea to Provide Every Citizen Free AI Access With No Token Limits

South Korea is launching an unprecedented nationwide initiative to give all citizens free, unlimited access to generative AI services. The AI for All program begins beta testing in September 2025, with three tech consortia deploying Korean-developed models integrated into government systems for healthcare, tax assistance, and education.

Policy2 sources

South Korea to Provide Every Citizen Free AI Access With No Token Limits

Policy2 sources

Japan requests $55.6B defense budget for AI command systems, underwater drones and hypersonic missiles

Japan's Defense Ministry unveiled an 8.9 trillion yen ($55.6 billion) budget request emphasizing AI-powered warfare and autonomous systems. The plan includes an AI orchestrator for integrated command and control, underwater attack drones launching from April 2027, and submarine-launched hypersonic missiles as the nation adapts its defense strategy to counter China's regional influence.

Policy5 sources

Japan requests $55.6B defense budget for AI command systems, underwater drones and hypersonic missiles

Policy5 sources

Europe orders €388M AI supercomputer from state-owned Bull to close computing gap with US and China

EuroHPC has awarded French state-owned Bull a €387.8 million contract to build LUMI-AI, marking Bull's largest order ever. The AI supercomputer will be deployed in Finland by 2027 as part of Europe's push to expand AI infrastructure and reduce its computing deficit with the US and China.

Technology4 sources

Europe orders €388M AI supercomputer from state-owned Bull to close computing gap with US and China

Technology4 sources

Gnani AI Launches Artha Sovereign AI Stack With 30-Billion-Parameter Evon 3.3 Model

Bengaluru-based Gnani AI unveiled Artha, a sovereign AI stack combining the 30-billion-parameter Evon 3.3 language model and Plexus agentic platform. Designed for Indian enterprises and public institutions, the stack addresses data sovereignty concerns while cutting inference costs by up to 60% for Indian-language processing.

Technology3 sources

Gnani AI Launches Artha Sovereign AI Stack With 30-Billion-Parameter Evon 3.3 Model

Technology3 sources

South Korea Taps SK Telecom, KT, Kakao to Launch Free Nationwide AI Services

South Korea's Ministry of Science and ICT selected three major consortiums led by SK Telecom, KT, and Kakao to operate the AI for All project, providing free access to AI chatbots and public AI agents for all citizens. The operators will receive 512 Nvidia B200 GPUs this year, with government cost subsidies starting in 2027.

Policy2 sources

South Korea Taps SK Telecom, KT, Kakao to Launch Free Nationwide AI Services

Policy2 sources

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