Seoul leads steepest Asian losses as AI-led tech rally hits wall

South Korean shares suffered heavy losses across Asia following a sell-off on Wall Street (Jung Yeon-je).

South Korean shares suffered heavy losses across Asia following a sell-off on Wall Street (Jung Yeon-je). ยท Jung Yeon-jae/AFP/AFP Seoul’s Kospi stock index fell more than eight percent on Monday and fell across Asia as technology companies suffered and strong U.S. jobs data fueled challenges to a Federal Reserve interest rate hike. News of Iran …

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Amazon has unveiled its latest warehouse robot as the tech giant continues to roll out AI layoffs

On May 31, 2026, Unitree Robotics humanoids dance to open Asia's first embedded intelligence experience store in Shanghai.

Amazon’s original Proteus robot has been rolled out in 25 fulfillment centers in the US Savda Baimia Amazon unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-driven automation is advancing as companies continue to downsize their corporate workforces in AI-driven efficiencies. The tech company’s next-generation Proteus is an autonomous …

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