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South Korea is weighing a Stargate-style AI partnership with US tech firms under President Lee Jae-myung’s new administration. A proposed KRW 100 tril…

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South Korea is weighing a Stargate-style <a href="/industry/ai">AI</a> partnership with US tech firms under President Lee Jae-myung’s new administration. A proposed KRW 100 trillion fund would blend public and private capital to develop data centers and AI infrastructure, with the initiative framed as both an economic driver and strategic security priority.

Google’s planned USD 32 billion acquisition of cybersecurity firm Wiz is under early antitrust review by US authorities. Officials are probing whether the deal would stifle competition, amid broader scrutiny of Google’s dominance in tech markets and recent rulings over illegal monopolies.

Neuralink has tested a brain chip called Blindsight in monkeys, stimulating the visual cortex to simulate sight. The implant prompted eye movements in two-thirds of trials, laying the groundwork for human applications to restore or enhance vision. Human trials are planned, but the device is not yet approved.

<a href="/company/temu">Temu</a> has resumed direct shipments from China to the US, reversing course after tariff changes forced a shift in its logistics model. The PDD-owned platform is relisting select products as trade talks between Washington and Beijing ease tensions, potentially restoring its full-custody approach, in which Temu handles pricing, listings, and delivery.

Hong Kong plans to revise laws to allow broader testing of high-capacity drones, aiming to boost logistics and develop its low-altitude economy, deputy financial secretary Michael Wong said. The move builds on a sandbox initiative launched in 2024 and looks to mirror progress seen in mainland China.

China has issued draft rules on exporting automotive data, clarifying how assisted driving systems from companies like <a href="/company/tesla">Tesla</a> can legally transmit critical vehicle data abroad. The move may accelerate Tesla’s FSD rollout in China, where local approvals and partnerships have so far limited deployment.

Abu Dhabi-based AI firm G42 has launched a European unit in London to deploy <a href="/industry/ai">AI</a> solutions and partner with governments and industry on infrastructure projects. The move follows UAE tech investments across Europe and G42’s deepening collaboration with <a href="/company/nvidia">Nvidia</a> on advanced data centers.

<a href="/company/huawei">Huawei</a> has shipped more than 103 million smartphones and 21 million tablets running HarmonyOS, nearly half of them in 2024, according to Canalys. The proprietary OS now powers over one billion devices as Huawei pivots from US tech, expanding into PCs after losing access to Windows. While app ecosystem gaps remain, investment in developer support is growing.

The ASEAN rail corridor faces delays as customs hurdles and mismatched rail gauges disrupt cargo flows, stalling the express service months after launch. While Laos’ China-backed railway shows promise, reviving regional freight links will require unified standards and stronger cross-border cooperation. A Malaysia-led plan aims to cut shipping times and boost trade to USD 4.5 trillion by 2030.

<a href="/company/jd">JD.com</a> has revised its store rating rules, renaming the system and eliminating rank-based calculations. New assessment metrics include return rates and delivery performance, with logistics now carrying more weight. The updated ratings will influence store visibility, search placement, and access to marketing programs.

<a href="/company/huawei">Huawei</a> is expected to produce no more than 200,000 Ascend <a href="/industry/ai">AI</a> chips in 2025, a US official said on June 12, warning that China is closing the tech gap despite export controls. Most of the chips will go to Chinese buyers as Beijing ramps up AI investment to rival US firms like <a href="/company/nvidia">Nvidia</a>.

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Startups in Southeast Asia are poised to explore new frontiers in the space economy.

Unlocking growth in orbit: How startups can harness opportunities in the booming space economy

Michelle Khoo is the leader of the Deloitte Center for The Edge Southeast Asia. With over a decade of experience in advising business and government leaders on long-term strategies, Khoo is passionate about shaping a more sustainable, fairer, and inclusive future in both physical and digital realms. Her work revolves around artificial intelligence, sustainability, metaverse, disruption, and innovation.

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Known for its “old man’s head” logo and elite gear, the Norwegian brand is relaunching with Topsports in China after a quiet first run.

The “Nordic Arc’teryx” returns to China, but will Norrona finally find its name?

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The company aims to "absolutely dominate" the limited-service segment.

China's H World to add 9,000 hotels by 2030 in budget travel push

China&#8217;s H World to add 9,000 hotels by 2030 in budget travel push

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South Korea plans AI fund, global tie-ups

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Unlocking growth in orbit: How startups can harness opportunities in the booming space economy

The “Nordic Arc’teryx” returns to China, but will Norrona finally find its name?

China’s H World to add 9,000 hotels by 2030 in budget travel push