Europe News
Euroviews. Degraded soils : Europe is losing more than €50 billion annually
Europe is losing more than €50 billion annually because of its degraded soils write leading scientists in an op-ed for Euronews. They found a way to deliver healthier soils using AI. They say AI-driven tools are quietly transforming how Europe monitors and manages soil health.
Business
TSMC posts record profit and pledges $100bn to expand US manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) beat Wall Street expectations on Thursday with a record second-quarter net profit, up 77% from a year earlier, while pledging a further $100bn (€87.4bn) to expand its chipmaking capacity in the US.
Cinema
‘AI parasite’: Would you pay to watch the AI version of 'The Odyssey'?
Just days before Christopher Nolan’s star-studded and much-anticipated epic ‘The Odyssey’ hits theatres worldwide, an artificial intelligence startup has announced it has generated an AI version of Homer's ancient Greek epic poem... And no one is in the slightest bit impressed.
Business
TSMC's June sales drive revenue surge of 68% ahead of earnings report
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 35.6% increase in revenue during the first-half of 2026, and of 68% in June, highlighting continued strong demand for AI chips ahead of the firm's full second-quarter earnings report later this week.
Markets
SK hynix: From near-collapse to $1 trillion and a Nasdaq listing
SK hynix, the South Korean chipmaker whose memory chips power AI data centres around the world, lists on the Nasdaq this week in one of the largest share sales in history, capping a journey from near-bankruptcy to a trillion-dollar valuation.
Markets
Samsung loses over $100 billion in market value despite record profit
Samsung Electronics has forecast a nineteen-fold leap in quarterly profit, its third record quarter in a row, yet investors responded by wiping more than $100 billion (€87.5bn) off the company's value amid doubts over how long the AI-driven memory boom can last.