[11/2 03:00 UTC] South Korea's President Lee pledges bold AI investment as AI and chip spend…

AI News Flash for November 02, 2026 at 03:00 UTC. Topics: 1. South Korea's President Lee pledges bold AI investment as AI and chip spending nearly doubles to about $16 billion, and LG CNS finishes a Jakarta AI data center https://en.yna.co.kr/view/AEN20261102000952315 2. Small game developers get emails threatening AI clones of their games unless they pay, and some demos come down as Valve offers no new rules https://news.risky.biz/risky-bulletin-game-devs-are-being-extorted-with-ai-game-cloning-threats/ 3. Researchers find flaws in the embedded browsers of five AI coding tools, and say Codex and VS Code remain unpatched https://www.theregister.com/a/5306508 4. Musk details the Colossus 2 expansion into a former food warehouse and gun range, targeting 1.2 million Blackwell chips by year end, as DigiTimes reports a rethink on TSMC and Terafab https://finance.yahoo.com/markets/stocks/articles/spcx-stock-jumps-overnight-musk-021416637.html 5. Japan's Asahi Shimbun publishes AI guidelines for reporting, promising to tell readers when generation plays a large part and banning AI-made images and video https://prtimes.jp/main/html/rd/p/000002324.000009214.html