South Korea dropped Naver's and NCSoft's teams from its competition to develop its first sovereign AI model, as LG's, SK Telecom's, and Upstage's teams advanced (Yoolim Lee/Bloomberg)
AWS launches European Sovereign Cloud, creating a new parent company for its sovereign cloud that will be locally controlled in the EU and run by EU citizens (Arjun Kharpal/CNBC)
TSMC projects capital spending in 2026 at between $52B and $56B, up 25%+ from 2025, and forecasts ~30% YoY revenue growth in 2026, both above analyst estimates (Bloomberg)