Nvidia Unveils RTX Spark AI PC Chips, Expands Challenge to Intel, AMD, and Apple 
Tesla Keeps Graphite Supply Deal with Syrah Resources After Progress on Quality Issues 
Berkshire Hathaway to Acquire Taylor Morrison in $6.8 Billion Homebuilding Deal 
UAW Calls Strike at Michigan Axle Plant Supplying GM Pickup Trucks 
Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion 
Sable Offshore Wins Key Court Battle Over California Oil Pipeline 
SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target 
SoftBank Becomes Japan’s Most Valuable Company as AI-Fueled Rally Drives Shares to Record High 
LG Electronics Stock Hits Record High on Nvidia AI Partnership Speculation 
HPE Raises 2026 Outlook After Record Q2 Revenue Fueled by AI Server Demand 
Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments 
Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028 
US Tightens AI Chip Export Rules, Impacting Nvidia and AMD Sales to Chinese Firms 
Ryan Kavanaugh and Acme AI & FX Bets on Artificial Intelligence to Reinvent Film Production Economics 
Trump Adviser’s Investment in Thrive Capital Draws Scrutiny Over Federal Contracts 
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements 
Hyundai Motor Co. and POSCO will jointly develop technology that uses hydrogen instead of coking coal in producing steel as part of their Feb. 16 agreement to nurture the hydrogen economy as a growth driver.
The new technology will allow POSCO, South Korea’s largest steelmaker, to use hydrogen gas as a fuel and reducing agent in its blast furnaces.
The process doesn’t emit greenhouse gases such as carbon dioxide.
Around 0.75 of a ton of coking coal, which emits about two tons of carbon dioxide as a byproduct, is currently required to make one ton of steel. Consequently, the steel industry is one of the main culprits of air pollution.
Upon the technology's development, the companies will gradually convert all of their steel plants into hydrogen-powered facilities.
The two companies also plan to build a new steel mill that utilizes hydrogen technology and establish hydrogen-fueling stations within POSCO’s plants.
The companies agreed to cooperate in hydrogen-related products, the development of new steelmaking technology, and explore overseas opportunities. These are in line with a government initiative to shift to a hydrogen economy.
The agreement was entered into through Hyundai Motor Group Chairman Chung Euisun and POSCO CEO Choi Jeong-woo,
As part of their alliance, POSCO will gradually replace its commercial vehicles with 1,500 Hyundai hydrogen trucks.
