AGP Executive Report
Last update: 2 hours agoAI Investment: South Korea’s proposed 2027 budget nearly doubles spending on AI and semiconductors to 21.3 trillion won, as OpenAI chief Sam Altman meets Samsung and SK leaders about chips and data centres. Japan’s Defence Shift: Tokyo is considering nearly 80 trillion yen in defence spending over five years and plans to research underwater drones to detect and attack submarines. Crypto Security: The FBI blames North Korean hackers for stealing $6.3 billion from Binance, the largest crypto heist on record. China-Oman Ties: During the first visit to China by an Omani head of state, Sultan Haitham proposed a preferential trade and investment deal, with both sides eyeing cooperation in energy, AI and logistics. Regional Industry: Southeast Asian auto-parts makers face falling orders as Chinese EV producers rely on imported components and established supplier networks. Japan Tech: Toyota and Waymo plan to launch a small robotaxi service in Japan in 2027, using driverless bZ4X vehicles.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.