Krypton Evening News | Korean IT Giant Kakao Union Launches First-Ever Partial Strike; Samsung Considers Building New Advanced Chip Packaging Plant to Meet Global Chip Demand; SK Hynix to List in the US as Early as August
Meta is partnering with Reliance Industries to build an AI data center in India, with Meta leasing the facility. Separately, ByteDance is initiating the spin-off and independent financing of its AI drug discovery business, retaining controlling interest. In other news, SK Hynix plans to list its American Depositary Receipts in the U.S. as early as August to capitalize on AI-related stock demand. AI
IMPACT Partnerships and spin-offs signal continued investment and strategic focus on AI infrastructure and specialized AI businesses.