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ARTIFICIAL INTELLIGENCE CHIPS
European chip startup Axelera wins AI factory supply deals and launches second chipCEO Fabrizio Del Maffeo in a phone call with Reuters declined to give precise details, but said the company now has more than 600 customers...
As world debates risks of AI, China closes technology gap with USThe US has outpaced China and other countries for years in AI model capabilities, research, citations and other areas. But China has been r...
Automated chip design, physical AI lead startup activity across APAC: AWS execOn the sidelines of the StradVision media tour in Seoul, AWS's Tiffany Bloomquist said these trends were per the company's expectations for...
Global Market: Japan’s Nikkei rises 1% as SoftBank rebounds from AI selloffJapan’s Nikkei recovered from early losses to rise around 1%, driven by a 9.13% rebound in SoftBank as investors reassessed concerns over s...
China's spy chief warns of national security risks from AIThe head of China's spy agency has warned that artificial intelligence endangers the country's national security, with foreign powers poten...
Global Market: European shares subdued as tech stocks slide, oil prices surgeEuropean shares traded subdued as technology stocks slid on concerns over the pace of artificial intelligence development, while a sharp ri...
Global AI stocks slide as tech leaders call for a slower development of superintelligenceShares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea's benchmark index Kospi, home to m...
Global Market: Samsung, SK Hynix reject $18.7 billion upfront power payment proposalSamsung Electronics and SK Hynix have rejected KEPCO’s proposal for a 25 trillion won upfront payment to fund electricity infrastructure fo...
Global Market: China stocks mixed, Hong Kong shares edge higher as AI weakness weighsChina's mainland stocks traded mixed on Monday as AI and semiconductor shares fell, dragging the CSI AI Index down 1.2% and the STAR50 down...
Global Market: Japan stocks fall as AI concerns hit tech shares; Nikkei down 1.6%Japan’s Nikkei fell 1.6% on Monday, dragged by technology and semiconductor stocks as concerns over the pace and risks of artificial intell...
Nvidia in talks to invest in Anthropic's mega IPOAnthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the peopl...
Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentimentChina and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquid...
Chip startup d-Matrix to use Nvidia chip-linking tech in AI serversArtificial intelligence workloads have been shifting from training AI models to running them for everyday use, a process known as inferen...
IPO-bound Yotta plots $12 billion next-gen Nvidia chip orderThe Hiranandani Group’s data centre arm has already deployed 40,000 graphics processing units (GPUs) at an investment of $1.8 billion by Ju...
OpenAI says working with Samsung on next-generation chips, deepening cooperationThe cooperation comes as Samsung broadens its use of generative AI. The company said in June that workers in its Device eXperience division...
How India's $13 billion plan aims to boost self-reliance in chip productionIndia is set to embark on an ambitious $13 billion venture to establish a robust domestic chip manufacturing ecosystem. The aim is to dimin...
Qualcomm-Amazon AI deal: Why the chipmaker’s stock surgedQualcomm’s long-term Amazon partnership could generate up to $60 billion in chip purchases, expanding its AI data-centre ambitions. The dea...
Global Market: South Korean stocks surge nearly 3% as AI chip optimism lifts Samsung, SK HynixSouth Korean shares surged nearly 3% on Monday, led by Samsung Electronics and SK Hynix, as optimism over sustained AI investment and stron...
Adobe’s next boss joins a powerful club: Meet the Indian-origin CEOs running the world’s biggest companiesAdobe’s next CEO Anil Chakravarthy is joining a powerful club. From Microsoft and Google to Chanel, FedEx and Micron, Indian-origin executi...