South Korea Confirms Over $1 Trillion in AI Spending | Daybreak Europe 6/29/2026
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung and SK Hynix initiating large-scale investments in memory chips, data centers and robotics. The US and Iran agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce.
And Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister. Today's guest: Fabricio Bloisi, CEO, Prosus and Naspers Group. Chapters 00:00:00 - Daybreak Europe 00:03:22 - Nikkei Slumps on AI Durability Worries 00:05:40 - US, Iran to Halt Attacks Ahead of Talks 00:10:16 - Traders Fully Price Fed Rate Hike This Year 00:13:39 - Anthropic Mythos 5 Cleared by US for Wider Use 00:16:00 - Lee: Massive Competition in Chips, AI Sectors 00:19:58 - Samsung, SK Hynix to Build 2 Chip Fabs Each in 800T Won Project 00:23:09 - Reeves Suggests Burnham Will Remove Her as UK Chancellor 00:26:21 - Andy Burnham Sets Out 10-Year-Mission to Raise Living Standards 00:29:43 - China's State Media Say EU Risks 'Freezing' of Ties Over Trade 00:34:42 - Greenland's Uneasy Investment Landscape 00:41:01 - Fabricio Bloisi, CEO, Prosus and Naspers Group More on Bloomberg Television and Markets Like this video?
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