Tech giants invest in AI, Volkswagen eyes asset sales, and Apple releases early security updates

South Korean tech giants Samsung Electronics and SK Hynix are reportedly planning substantial investments totaling approximately $520 billion for four new chip factories and an additional $356.36 billion for three AI data centers. Concurrently, Volkswagen is considering selling key assets like PowerCo, Traton, or Ducati, following plans to reduce its workforce by 100,000, though this may not fully stabilize the German automaker. Separately, sovereign funds and central banks managing $29 trillion are increasingly focusing on energy assets and expressing growing concerns about the US dollar's future role, according to an Invesco survey. European aluminum producers are urging Brussels to close a loophole that permits sanctioned Russian aluminum to enter the EU market via third countries. Additionally, Apple has accelerated the release of software updates due to the threat of AI-powered cyberattacks, deploying security patches earlier than anticipated. Sources: Forbes Ukraine