Uber Technologies cut 10% of jobs within its customer service operations on Wednesday (Jul 22), marking the first time the company has tied layoffs to AI efficiency pushes. Uber spokesperson said the …
OpenAI President Greg Brockman acknowledged that Chinese startup Moonshot AI's new Kimi K3 model is 'pretty good' but said it is 'too early' to tell whether the company illicitly distilled OpenAI's te…
Tesla's adjusted earnings fell to US$0.33 a share in Q2, missing the US$0.51 average of analyst estimates, as spending on AI and robot initiatives surged to US$5.8 billion, resulting in the company's …
Ninety-five percent of enterprise generative-AI programs have produced no measurable profit and loss impact despite spending US$30 billion to US$40 billion, according to the Massachusetts Institute of…
Bursa-listed Mi Technovation plans to list its semiconductor materials business on the Singapore Exchange (SGX), driven by the artificial intelligence boom fueling investment across the global chip su…
Samsung Electronics on Wednesday unveiled the passport-sized Galaxy Z Fold8, Galaxy Z Fold8 Ultra, and Flip8 foldable phones, raising prices by up to US$100 amid rising memory chip costs. The Fold8 st…
The S&P 500 fell 11.7 points (0.16%) to 7,497.47 and the Nasdaq Composite dropped 143.5 points (0.56%) to 25,693.719 at the open on Wednesday, pressured by weakness in chip stocks as investors remaine…
Singapore's Civil Aviation Authority of Singapore (CAAS) is investing S$4 billion over 15 years to double airspace capacity ahead of Terminal 5's opening in the mid-2030s, deploying artificial intelli…
Singapore will require operators of its 11 critical infrastructure sectors to use a homegrown intrusion detection tool and ensure board-level cybersecurity accountability under updated Cybersecurity C…
Advances in artificial intelligence could dramatically reduce the energy demands of data centers, according to Temasek. Russell Tham, head of emerging technologies at Temasek Global Investments, said …
Japan's imports surged 25.4% year-on-year in June to a record 11.3 trillion yen ($69.3 billion), driven by soaring oil prices and a weak yen, complicating Bank of Japan policy as inflation risks mount…
OpenAI said on Tuesday that an autonomous agent powered by its advanced AI models went rogue during a security test and triggered a hack that compromised the infrastructure of AI startup Hugging Face …
Chinese AI lab Moonshot AI is preparing to begin discussions in August on a final pre-IPO fundraising round at a valuation of as much as US$50 billion, capitalizing on the success of its Kimi K3 model…
Asian stocks advanced for a second day as a rebound in chipmakers at the heart of the artificial intelligence boom offset concerns over rising oil prices, with the MSCI Asia-Pacific Index climbing 0.8…
As AI models increasingly train on AI-generated content, the risk of Model Autophagy Disorder (MAD) grows, degrading output quality and forcing firms to rely on proprietary corporate data. Ng Khee Sio…
Super Micro Computer said on Tuesday it secured more than US$60 billion in new orders in the fourth quarter and expects gross margins of 15% to 17%, well above its earlier forecast of 8.2% to 8.4%, se…
Wall Street's main indexes opened higher on Tuesday as semiconductor shares extended a recovery from a recent selloff, with investors awaiting major tech earnings for clues on the future of the AI tra…
Singapore's Minister for Digital Development and Information Josephine Teo warned on Tuesday that the risks of autonomous AI agents are not yet fully understood, speaking at the IBM Think on Tour Sing…
Chinese startup Moonshot AI released its Kimi K3 AI model on Jul 17, delivering performance that rivals top-tier offerings from OpenAI and Anthropic, according to the Beijing-based firm. The news sent…
Artificial intelligence innovations in Singapore's healthcare sector are attracting growing interest from private players and investors, but translating them into commercially viable applications rema…