SK chairman calls for AI expansion beyond chips into models, services
SK Group Chairman Chey Tae-won urged leaders of group subsidiaries to redefine themselves as artificial intelligence (AI) companies and expand beyond chips, infrastructure and energy into AI models and services, building a growth cycle that connects the conglomerate’s businesses. According to SK Group, Sunday, Chey outlined the strategy at CEO seminar held Thursday to Saturday in Icheon, Gyeonggi Province. During the seminar, Chey highlighted the importance of an "AI flywheel" to position SK as a key player in a “token economy,” where AI computing and services are traded as resources. “We must break out of existing business frameworks and redefine ourselves as AI companies,” Chey said, urging every affiliate to find new roles beyond its traditional business and connect them to AI services and the token economy. Under the strategy, AI semiconductor capabilities would support AI factory expansion, supporting the growing demand for electricity, energy and AI services. Competitive energy supplies and wider service adoption would spur investment in AI factories and advanced chips.
Read full articleMORE NEWS
Construction of $1.4b Brisbane Arena to begin within weeks. Take a look around
The Gather Brisbane consortium has been tapped to build and run the 17,000-seat Woolloongabba venue, which is slated to open by 2031.
Commercial childcare is hitting a brick wall. Who will pick up the pieces?
Australia’s largest childcare provider has signalled its intent to surrender to a lowball private equity bid as other for-profit providers collapse in record numbers.
Secret report finds 2000-tonne ship poses severe environmental threat
A confidential condition report on the MV Cape Don found that it is riven with gender-bending chemicals, rotten floorboards and holes big enough to cause a large risk of catastrophic failure.
Australia and New Zealand prepare for Rugby League World Cup finals double-header
Here's when and where to watch the Rugby League World Cup Men's and Women's finals.
Brisbane Arena fly-through
A first look at the $1.4 billion Brisbane Arena in Woolloongabba, which is expected to open by 2031.
Brisbane Arena fly-through
A first look at the $1.4 billion Brisbane Arena in Woolloongabba, which is expected to open by 2031.
Have you done this before? Hong Kong firefighter recalls mid-air rescue chat
Hong Kong firefighter Yuen Chung-hang did not expect to have to explain his work experience while dangling from a rope to rescue one of two workers left hanging in mid-air outside a skyscraper after their gondola malfunctioned. As Yuen tried to keep the man calm with small talk during their descent from the 35th floor of Jardine House in Central late last month, he was asked whether he had handled similar situations before. “I didn’t expect that, but I understand it because the worker was very...
‘Heartbreaking milestone’: WA’s road toll overtakes 2025 figure in horror 48 hours
The road toll in WA is now higher than it was in 2025, prompting urgent calls for safer driving and improved road conditions, particularly in the country.
Carney says he's 'making progress' with Trump on possible US-Canada trade deal
Canadian Prime Minister Mark Carney said Saturday trade negotiations between his government and the U.S. were progressing amid a monthslong tariff battle between the two countries. The leader told reporters in Manila he had a conversation with President Trump, U.S. Trade Representative Jamieson Greer, White House chief of staff Stephen Miller and other officials "just...
Man assaults driver in Downer after emerging from bushland, police allege
The man hailed a black Suzuki Baleno.
Police exploring possible sovereign citizen link in Perth fatal shooting
Police have arrested a 38-year-old man at the scene after they found a 44-year-old man deceased at a home in Keysbrook, south-east of Perth.
'The beach is not your friend this weekend': Massive waves pummel California coast
Tall waves pummeled the California coast on Saturday, causing beach and pier closures and endangering coastal homes and infrastructure from San Diego to Malibu and beyond.