Financial Times:
TikTok's plan to build a ~$38B data center campus in Brazil, its first in Latin America, is facing local pushback over sustainability in a semi-arid area  —  TikTok's plan for $9.5bn data centre on Brazil's coast reflects national ambitions but is hit by environmental concerns

Renju Jose / Reuters:
Australia's eSafety Commissioner issues transparency notices to Roblox, Microsoft's Minecraft, and other online gaming platforms to detail child safety measures  —  Australia's internet regulator on Wednesday asked online gaming platforms including Roblox (RBLX.N) and Microsoft's (MSFT.O) …

Lee Harris / Financial Times:
Documents and sources: insurers including QBE and Beazley are moving to cap cyber policy payouts for losses and regulatory fines tied to AI use and “LLMjacking”  —  Beazley and QBE are among the groups proposing to limit losses from the rapidly advancing technology

Reuters:
SK Hynix says it plans to invest ~$12.85B in a new fab in South Korea for advanced packaging to meet AI demand for HBM, with construction starting this month  —  SK Hynix (000660.KS) said on Wednesday it plans to invest 19 trillion won ($12.85 billion) in a new manufacturing plant in South Korea …

Financial Times:
Sources: OpenAI has pledged up to $1.5B to a new joint venture with PE firms to help deploy AI across their portfolio companies, starting with $500M in equity  —  Start-up backing new company intended to help deploy AI within businesses owned by PE firms  —  OpenAI has pledged up to $1.5bn …