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HSBC to open Hong Kong AI Institute following Singapore launchThe AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner, Elhedery said, though he did not ...
China's robot makers have mastered the moves. Now comes the race for brainsThe shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, l...
Ascentium eyes India acquisitions to build Asia-focused global services platformSingapore-headquartered Ascentium is looking to expand its India presence through acquisitions as it builds an Asia-focused global corporat...
Hospital balance sheet: How AI could cut costs and improve efficiencyAs hospitals grapple with soaring costs in drugs, supplies, and labor, the integration of AI emerges as a vital necessity.
Big Tech returns smallest share of cash to shareholders in 15 years, given AI spendingThe retreat threatens a long-standing source of support for technology share prices. With companies buying back fewer shares, investors are...
How should companies measure performance when AI does part of the work?As AI becomes part of everyday work, companies are reconsidering how they assess employee performance. Measuring output alone may overlook ...
AI’s 3-week blitz digs up 14,000 security flaws in open-source softwareGoogle Cloud’s Mandiant team reported a similar acceleration in vulnerability discovery. In August, it said that its AI-assisted system had...
AI led services to generate up to $200 billion in new work by 2030: BCG reportA recent report highlights the transformative impact of artificial intelligence-led services on the job market, predicting significant work...
US DOJ is inquiring about Nvidia's purchase of Hugging FaceThe Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has e...
'Paid for OpenAI’s choices with her life': Seattle techie dies after allegedly changing medication dosage following ChatGPT adviceA tragic lawsuit has emerged following the death of Bowen Wan, a 31-year-old software engineer, due to complications from epilepsy. Her par...
US Market: Treasury yields face pressure despite expected Fed rate pauseUS Treasury yields face continued pressure from persistent inflation, rising government borrowing and uncertainty over AI investments, desp...
India Inc wants AI talent to transform manufacturing spaceManufacturing firms are increasingly focusing on integrating artificial intelligence into their operations for efficiency. Companies such a...
AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
Swiss AI drug trial startup receives funding from Spotify-backer CreandumAn AI foundation model, trained on about two million human RNA readouts, would replace these and animal testing with 12-week simulations, t...
AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
Florida researchers develop AI-powered trap to catch dengue-carrying mosquitoes with over 98% accuracyFlorida dengue outbreak: Researchers at the University of Florida developed an AI-powered trap aimed at identifying dengue-carrying mosquit...
The hidden cybersecurity risks behind the connected factoryConnected machinery and digital production systems have made manufacturing more efficient, but they have also exposed factories to new cybe...
Investments in emerging sectors rise, but bank and NBFC financing remain limited: ReportEmerging sectors like AI, semiconductors, and defence are attracting significant investments while bank lending is limited. The financing p...
India’s GCCs to add 1-1.4 million jobs by 2031: ReportIndia's global capability centres, or GCCs, are projected to add 1–1.4 million net jobs by 2031. The employment in these centres is anticip...
Healthcare GCCs dangle hefty pay premiums to bridge AI talent gapThe premium reflects a widening gap between demand for specialised skills and the supply of professionals who possess them. Data, analytics...