Loading news...
News
economic
South Korea Bets $1.2 Trillion on AI and Chip Dominance
South Korea announced a $1.2 trillion AI and chip investment plan. Samsung committed 1,000 trillion won over ten years, with new fabrication clusters in Honam and Chungcheong, plus 8.4 GW of AI data centers by 2029. The strategy leans on South Korea's 80%+ share of global high-bandwidth memory production. Analysts flagged execution risk, possible memory oversupply, and greenfield infrastructure gaps. Samsung and SK Hynix shares fell on the news.
Read More →economic
Europe's Economic Challenges Amid Iran War and Energy Crisis
Recent economic news across Europe, including the UK, Switzerland, Luxembourg, and Monaco, highlights downward revisions in growth forecasts due to the ongoing Iran war driving oil prices above $100/barrel, persistent high energy costs, and global market pressures. The IMF has cut Eurozone growth to 1.1% from 1.4%, while EU officials warn of prolonged high fuel prices even post-conflict, testing economic resilience with support measures planned for households and businesses
Read More →digital
TAC’s founder will attend AI event at Yacht Club Monaco
TAC’s founder David Drapeau will attend AI event that will take place at Yacht Club Monaco on May 2nd 2026.
Read More →