Schumer, Dems at odds as leader aims to kill Ohio Republican's data center bill

The Hill - Sep 28, 2026

Senate Democratic Leader Chuck Schumer (N.Y.) is aiming to kill a bill sponsored by Republican Sen. Jon Husted (Ohio) to protect taxpayers from additional costs posed by AI-driven data centers, but his Democratic caucus isn’t fully on board after House Democrats overwhelmingly voted for the proposal. The looming Senate floor fight over artificial intelligence and...

Read full article
MORE NEWS
Red ginseng gains attention for immune health amid flu surge
Sep 29, 2026
Red ginseng gains attention for immune health amid flu surge

With the flu spreading earlier than usual this year, market interest is growing in products that may help support immune health, including red ginseng. According to the Korea Disease Control and Prevention Agency, the number of patients with influenza-like illnesses reached 25.3 per 1,000 outpatients during the first week of September. This is nearly double the epidemic threshold of 12.9 and up sharply from 13.3 in late August. COVID-19 is also spreading alongside the flu. During the same period, 193 patients were hospitalized with COVID-19, more than triple the number four weeks earlier. Last year, the government issued a flu advisory on Oct. 17, but this year it issued the advisory on Sept. 11 and began its vaccination program on Sept. 21. Against this backdrop, consumers are showing growing interest not only in vaccination but also in products that support immune health as part of broader preventive care, with red ginseng among those drawing increased attention. Red ginseng has been officially recognized by the Ministry of Food and Drug Safety for seven potential health benefits, inclu

Samsung, SK go all out to celebrate Jensen Huang's Van Fleet Award
Sep 29, 2026
Samsung, SK go all out to celebrate Jensen Huang's Van Fleet Award

Samsung Electronics and SK Group each made a high-profile show of support for Nvidia CEO Jensen Huang after he received the Van Fleet Award, a prominent honor recognizing individuals who contribute to Korea-U.S. relations. The two companies' efforts underscore the importance they place on ties with the artificial intelligence (AI) accelerator giant as competition for next-generation memory and computing technologies intensifies. Samsung Electronics ran congratulatory videos for Nvidia CEO Jensen Huang on a Times Square billboard in New York City on Sunday and Monday (local time), while Executive Chairman Lee Jae-yong attended the Korea Society’s annual gala, where Huang received the award, in the city on Monday. The Korea Society honored Huang for his “visionary leadership and transformative contributions” to the AI and semiconductor industries, which it said are central to the evolving Korea-U.S. economic partnership. In his remarks at the gala, Lee highlighted Huang’s role in reshaping the technology industry and the significance of the bilateral partnership. “He has made the

Naver looks to Mexico as export market for AI infrastructure
Sep 29, 2026
Naver looks to Mexico as export market for AI infrastructure

Naver, the Korean tech powerhouse best known for operating the country’s dominant search engine and digital ecosystem, is expanding its global artificial intelligence (AI) push into Latin America. Company executives met with Mexican government officials and business leaders this week to explore joint initiatives aimed at building a regional AI ecosystem and accelerating industrial modernization. Naver CEO Choi Soo-yeon and other company executives visited Mexico from Thursday through Friday as members of President Lee Jae Myung’s economic delegation, the company said Tuesday. Choi met with Marcelo Ebrard Casaubon, Mexico’s economy minister, and Rosaura Ruiz Gutiérrez, minister of science, humanities, technology and innovation, as well as officials from the Agency of Digital Transformation and Telecommunications and Mexican IT company Softtek. Choi introduced Naver’s public-sector AI transformation capabilities, sovereign AI strategy and AI factory project being developed with Nvidia and Brookfield, while proposing cooperation on Mexico’s public sector digital transformation a

Global proxy advisers scrutinize KB Financial's surprise leadership change
Sep 29, 2026
Global proxy advisers scrutinize KB Financial's surprise leadership change

KB Financial Group's surprise decision to replace its incumbent chairman despite record earnings is under closer shareholder scrutiny, with the world's two largest proxy advisory firms reviewing the nomination ahead of a shareholder vote, industry officials said Tuesday. Institutional Shareholder Services (ISS) and Glass Lewis told The Korea Times that they are currently reviewing company proposals ahead of an extraordinary shareholders meeting scheduled for Nov. 20. Neither has yet issued a recommendation on the appointment of Lee Jae-keun as KB Financial's next chairman. Glass Lewis said it was unable to comment on the nomination at this stage because its research on the company was still underway. ISS similarly said its recommendation would be available once its research is published. "I’m happy to send you our shareholder meeting research and recommendations for KB Financial Group once we publish, which is typically 14-16 calendar days ahead of the shareholder meeting, as noted in our media policy," an ISS spokesperson said. Their recommendations could carry particular weight at KB

SK hynix to provide up to 50% of R&D costs upfront for partner firms
Sep 29, 2026
SK hynix to provide up to 50% of R&D costs upfront for partner firms

SK hynix Inc. has announced that it will expand its support programs for partner companies, including providing upfront funding of up to 50 percent of research and development (R&D) costs. The plan was announced at an event hosted by SK hynix CEO Kwak Noh-jung and attended by key executives and representatives of about 100 partner companies on Monday. At the technology development stage, SK hynix will introduce a program under which it will provide upfront funding of up to 50 percent of initial R&D costs. Even if a project fails to result in a successful technology or an actual purchase, SK hynix will make a post-development settlement based on the technological achievements and contributions of the partner company. At the testing and verification stage, SK hynix will provide access to infrastructure, including production lines, to help partner companies verify the performance and reliability of their products. At the mass-production stage, SK hynix will provide low-interest financing through its shared-growth fund and expand its consulting program to include second- and third-tier suppli

Sibol Pokémon UNITE takes bronze after Indonesia ends Asian Games 2026 run
Sep 29, 2026
Sibol Pokémon UNITE takes bronze after Indonesia ends Asian Games 2026 run

Sibol’s Pokémon UNITE campaign at the 20th Asian Games Aichi-Nagoya 2026 ended with a bronze medal after Indonesia stopped the Philippines in the semifinals at Aichi Sky Expo on Sunday. The Philippines fell 2-0 to Indonesia in the semifinal, ending its bid for a place in the gold-medal match. Despite the loss, the result gave

Ecosystem Roundup: Anthropic’s IPO filing: 12x revenue, US$8B loss and an extinction risk
Sep 29, 2026
Ecosystem Roundup: Anthropic’s IPO filing: 12x revenue, US$8B loss and an extinction risk

Anthropic has told prospective investors that it is growing at a pace few companies have matched, losing money at a scale few could survive, and building a product that could pose an existential threat to humanity. The prospectus behind what could become the largest IPO on record shows revenue rising twelvefold to nearly US$4.6 billion in 2025, […] The post Ecosystem Roundup: Anthropic’s IPO filing: 12x revenue, US$8B loss and an extinction risk appeared first on e27.

Council of Europe head revives Biden-backed framework for AI regulation
Sep 29, 2026
Council of Europe head revives Biden-backed framework for AI regulation

The Biden administration and a number of countries in Europe have endorsed a framework for AI regulation that respects human rights, democracy and the rule of law, but it is generally unheard of outside of the tiny European organization that drafted it.  Alain Berset is the secretary-general of the Council of Europe, an important but...

Blue Fire AI closes US$9M round with AM-One stake under Mizuho partnership
Sep 29, 2026
Blue Fire AI closes US$9M round with AM-One stake under Mizuho partnership

Artificial intelligence is moving deeper into asset management, but not only through chatbots, research summaries or back-office automation. The bigger question is whether AI can help investment firms do what has become increasingly difficult in public markets: find differentiated returns at scale. Blue Fire AI, a technology company focused on AI-driven investment management, is making […] The post Blue Fire AI closes US$9M round with AM-One stake under Mizuho partnership appeared first on e27.

Vietnam gains from Samsung Electro-Mechanics’s US$4.9B AI substrate expansion plan
Sep 29, 2026
Vietnam gains from Samsung Electro-Mechanics’s US$4.9B AI substrate expansion plan

Samsung Electro-Mechanics is making its largest single-product investment to date, committing US$4.9 billion to expand production of chip-packaging substrates in South Korea and Vietnam as the artificial intelligence boom reshapes demand across the semiconductor supply chain. In two filings with the Korea Exchange dated September 28, the Samsung Electronics affiliate said it will spend about […] The post Vietnam gains from Samsung Electro-Mechanics’s US$4.9B AI substrate expansion plan appeared first on e27.

1982 Ventures joins Limited’s US$18.5M seed round to simplify cross-border business banking
Sep 29, 2026
1982 Ventures joins Limited’s US$18.5M seed round to simplify cross-border business banking

For companies selling, hiring or operating across multiple countries, the promise of going global often runs into a very old problem: banking still behaves as if borders are hard walls. Opening local accounts can require entities, paperwork and long waits. Payments move through correspondent banks. Foreign exchange fees are not always clear. Finance teams end […] The post 1982 Ventures joins Limited’s US$18.5M seed round to simplify cross-border business banking appeared first on e27.

Autonomous A2Z bets on driverless shuttles as self-driving technology gets practical
Sep 29, 2026
Autonomous A2Z bets on driverless shuttles as self-driving technology gets practical

For much of the past decade, autonomous driving has been a story of bold promises followed by hard resets. Robotaxis were meant to flood cities by now. Instead, the industry has learned that driving without a human behind the wheel is not one problem, but thousands of edge cases stitched together: pedestrians who cross unpredictably, […] The post Autonomous A2Z bets on driverless shuttles as self-driving technology gets practical appeared first on e27.

About Us

Always dynamic, always updated, The Witness Daily ensures minute-by-minute update to the most pressing issues, curated specifically to cater to critical newsreaders of our time.

Copyright © 2015 - 2026 Redshift Daily. All Rights Reserved.