SK Hynix Announces $29B Share Buyback
SK Hynix plans to repurchase 40 trillion won, or approximately $29 billion, of its own shares. The move aims to reassure investors concerned about the long-term durability of AI spending.
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SK Hynix plans to repurchase 40 trillion won, or approximately $29 billion, of its own shares. The move aims to reassure investors concerned about the long-term durability of AI spending.

Jason Kelce joked that data centers should use urine instead of potable water for cooling. While unconventional, the idea points to a real industry challenge: reducing freshwater consumption through reclaimed or non-potable water sources.

Global sovereign bond markets are facing a major sell-off as fiscal expansion, inflation uncertainty, shrinking long-term demand, and heavy AI-related corporate borrowing push long-term yields higher. Goldman Sachs warns that the Federal Reserve could theoretically be forced to raise rates even during weakening economic data to stabilize the yield curve.
Anthropic plans to let business customers retain data for its most capable AI models on their own cloud infrastructure. The planned safety system, expected later this year, would still require a 30-day retention period while moving storage control to customers.

Tactile robotics is expanding from sensor hardware into datasets, foundation models, and evaluation benchmarks. Research shows touch improves physical reasoning and robot success, but inconsistent sensor formats create major cross-device transfer challenges.

Eagle Point Credit Management is providing about $1.3 billion to help build a large Texas data center that will house Anthropic. The loan is part of a much larger financing package supporting the infrastructure behind the AI boom.

Relativity Networks raised $22 million through a SAFE and secured a $40 million order from a large cloud provider. The Orlando-based company is developing fibre technology intended to accelerate connectivity inside AI data centres.

OpenAI’s Private Safety Processing is designed to detect abuse across multiple interactions without requiring customers to hand over their data. The approach preserves Zero Data Retention and contrasts with Anthropic’s stated 30-day retention requirement.

Nokia is reportedly planning further layoffs, facility closures, and a major reduction of its mainland China operations, potentially retaining only limited after-sales services. The retreat is part of a global restructuring toward AI and cloud businesses, but it may reduce Nokia’s access to China’s large-scale 5G deployment data needed for AI-RAN and future 6G research.

Google reportedly bid $10 million for Spirit Airlines’ internal enterprise data, including approximately 100 million emails and 500 million Microsoft Teams messages, in a bankruptcy asset auction. The deal signals the emergence of a market for acquiring sanitized corporate communications and work records to train AI systems and enterprise agents.