Zoho and Adani’s Chip Dreams Fizzle as China Sweeps AI Clean and Korea Slaps Meta with a Mini-Fine
India’s semiconductor dreams hit a snag as Zoho shelves its $700 million fab plan. CEO Sridar Vembu tweeted the decision, citing a lack of confidence in the technology path. Adani also paused its $10 billion project with Tower Semiconductor, deciding it wasn’t commercially viable.
Hot Take:
India’s semiconductor dreams are on a silicon-based sabbatical, China is scrubbing its AI like it’s spring cleaning, and South Korea is coming down on Meta with the ferocity of a soggy feather. Meanwhile, SK Telecom is handing out SIM cards like they’re going out of style. Somewhere, a semiconductor is crying.
Key Points:
- Zoho and Adani hit the brakes on their semiconductor manufacturing plans in India.
- China launched a campaign against AI abuses, targeting unregistered and improperly secured AIs.
- India’s Supreme Court justices suggested spyware might be justified for national security.
- South Korea fined Meta a paltry amount for consumer protection failures.
- SK Telecom pauses new customer signups while dealing with cybersecurity issues.
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