The global AI race is rapidly intensifying. SK Hynix in South Korea has seen a significant boost due to high demand for AI memory chips, while Micron has gained momentum following an optimistic forecast from UBS. SpaceX is reportedly gearing up for a historic IPO and is looking into closer collaboration with Tesla. In the United States, the White House is overhauling AI governance under President Donald Trump. Microsoft reports that India is approaching a pivotal moment in AI, and Red Balloon Aerospace, based in Andhra Pradesh, is testing innovative telecom solutions.
First Published: May 27, 2026 9:57 AM IST
