Google Joins AI Initiative to Disrupt $23B Illegal Wildlife Trade
GOOG•SK Hynix’s market cap hit 2,082.5 trillion won after a 340% rally this year, making it South Korea’s top listed company and primary HBM chip supplier for Google. Google joined Meta and TikTok in an AI-driven detection and crypto monitoring initiative to disrupt the $23 billion illegal wildlife trade.
1. SK Hynix Surpasses Samsung
Shares of SK Hynix rose 5.7% to a 2,082.5 trillion won market capitalization, overtaking Samsung Electronics’ 2,081.3 trillion won value. The memory chip specialist has seen a 340% share rally this year as demand for high-bandwidth memory used in AI systems from customers like Google has surged.
2. Google Joins Wildlife Trade Crackdown
Google committed alongside Meta, TikTok and others to use AI-driven detection and collaborate with crypto analytics firms on monitoring to disrupt the estimated $23 billion illegal wildlife trade. The initiative leverages machine learning to identify illicit listings and blockchain tools to trace and block trafficking-related financial flows on its platforms.
