I think the potential of Agenic is to rethink how work gets done overall. It challenges all sorts

of traditional orthodoxies around how organizations execute the work at hand. That's Jason Gersatus,

CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI. Join him later

to learn why agents are a game changer for businesses across industries.

Here's your morning, TNB Tech Minute, for Wednesday, June 24th. I'm Danny Lewis for the Wall Street Journal.

The world's fastest supercomputer is now from China. According to a widely cited ranking of the most

powerful computing systems, China's

Line Shine system has taken the number one spot. The latest top 500 ranking found the Chinese

supercomputer was able to calculate 22% faster than the number two contender, El Capitan, at California's

Lawrence Livermore National Laboratory. Lineshine's chief designer says it was built to support both traditional scientific simulations

and AI workloads, though supercomputers also have military applications.

We exclusively report that human-like robot maker agility is set to go public in a deal

valuing it at about $2.5 billion.

The startup's flagship robot,

Digit, is used in manufacturing and warehouses, and its customers include Amazon and logistics company GXO. Agility's executives told the journal it is set to merge with a special purpose

acquisition company, Michael Klein's Churchill Capital Corporation 11, and the companies expect

gross proceeds of over $600 million from the deal. Also, South Korean chipmaker S.K. Heinex

plans to raise more than $29 billion through a U.S. listing on the NASDAQ. The world's second

largest memory chip manufacturer is seeking to tap foreign investment to fund its expansion plans amid the AI boom.

The deal would be one of the biggest share sales in history, comparable to Saudi Aramco's 2019 initial public offering.

S.K. Hynix expects its American depository receipts to start trading on July 10th.

That's your TNB Tech Minute.

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