In the latest Market Focus Weekly podcast from The Business Times, correspondent Howie Lim interviews Arun Sai, senior multi-asset strategist at Pictet Asset Management, who argues that the AI trade's…
OpenAI is in talks to lease about 100,000 square feet of office space at the new Shaw Tower in Singapore, spanning five floors of the 32-storey building, according to sources. The move underscores Ope…
Two months ago, Aspire, a company with more than 500 employees, rolled out Anthropic's Claude to all staff, including the 400 non-engineers in operations, finance, compliance, customer success, market…
UMS Integration shares pared an 8.2% gain to flat at S$2.70 by midday on Friday (Aug 14), despite reporting an 89% surge in Q2 net profit to S$19.4 million, which CEO Andy Luong attributed to the "str…
CXMT, China's largest memory-chip maker, overtook Tencent Holdings as the world's most valuable Chinese company, with its market capitalization reaching US$524 billion versus Tencent's US$510 billion,…
DeepSeek will raise peak-hour prices for its flagship V4 models by more than four times from current levels starting Aug 16, with the DeepSeek-V4-Flash model priced at US$1.32 per million output token…
OpenAI CEO Sam Altman envisions AI as a metered utility, and a growing number of tech firms, including Anthropic and Microsoft's GitHub, are shifting from flat subscription fees to usage-based pricing…
Google released Gemini 3.7 Flash, an AI model for coding and agent workflows, on Thursday (Aug 13), but did not announce a release date for its delayed flagship Gemini 3.5 Pro, leaving investors quest…
The Trump administration's AI policy, initially focused on deregulation and out-innovating China, is now facing internal debate between accelerationists favoring 'light-touch' regulation and those con…
Advanced Micro Devices (AMD) launched a four-part debt offering on Thursday (Aug 13) that could raise between US$4 billion and US$5 billion, according to a source and terms reviewed by Reuters, as the…
UMS Integration (UMS) reported an 89% jump in net profit to S$19.4 million for Q2 FY2026 ended Jun 30, 2026, with revenue up 29% to S$87.1 million, driven by the artificial intelligence 'super cycle' …
Japanese shares closed higher on Thursday, with the Topix hitting a record high of 4,176.04, as chip-related stocks tracked US peers higher and a robust earnings outlook lifted sentiment. The Nikkei r…
South Korea's Kospi index surged as much as 4.8% on Thursday, extending its gain from a July 30 low to about 22% and putting it on track for a technical bull market, driven by a global rebound in AI t…
AEM Holdings Ltd's shares jumped as much as 7.9% to S$10.39 on Thursday after the semiconductor test-equipment maker reported a first-half net profit of S$31 million, 10 times higher than the S$3.1 mi…
Asian stocks rose on Thursday after a subdued US inflation report eased concerns about imminent Federal Reserve rate hikes, with the MSCI Asia-Pacific Index up 0.6% and Japan's Topix advancing 0.8%. U…
DeepSeek has launched a WeChat account for its new 'DeepSeek Harness Team' and posted job listings to build AI agents that compete with Anthropic's Claude Code, according to a Bloomberg report. The Ha…
XPeng chairman He Xiaopeng announced on Jul 16 that the company's humanoid robot, Iron, will launch next year, with businesses getting first access before household use. Morgan Stanley projects the hu…
Cisco Systems forecast fiscal 2027 revenue between US$72.2 billion and US$73.4 billion, above analysts' average estimate of US$68.69 billion, citing sustained demand for its AI networking gear. The co…
The S&P 500 rose 0.26% to 7,748.50 points on Wednesday, lifted by upbeat results from CoreWeave and other AI infrastructure firms, while mild inflation data reinforced bets the Federal Reserve will ho…
AEM Holdings reported a net profit of S$30.8 million for the half year ended Jun 30, up from S$3.1 million a year earlier, driven by stronger demand from an artificial intelligence chipmaker. Revenue …