Chinese AI models are closing the performance gap with US rivals while undercutting them on price, forcing Silicon Valley to cut prices, according to users and analysts. Zhipu AI's GLM-5.2 costs US$4.…
China's top memory chipmaker ChangXin Memory Technologies (CXMT) sued the Pentagon on Friday (Aug 28) over its designation as a Chinese military company, seeking to overturn the listing that triggers …
OpenAI said on Friday (Aug 28) that it will stop providing AI models to Cursor, the coding-tool company now owned by Elon Musk's SpaceX, citing concerns that SpaceX will not comply with its terms of s…
SMRT opened a S$6 million Mobility Command and Control Centre in Gali Batu Bus Depot near Yew Tee on Aug 28, consolidating bus operations and using AI to flag driver fatigue, unsafe driving, and bus b…
SK Hynix said on Thursday (Aug 27) it will begin volume production of its next-generation HBM4E chips at its US$4 billion Indiana facility in the third quarter of 2029, with CEO Kwak Noh-Jung expectin…
Singapore launched Singapore Standard (SS) 726, a new liquid cooling standard for data centres in tropical climates, developed by the Infocomm Media Development Authority (IMDA) and Enterprise Singapo…
A US federal judge ruled that the Trump administration must lift its ban on Anthropic's AI technology for federal agencies, finding the Department of Defense's supply chain risk label inadequately jus…
Deputy Prime Minister Gan Kim Yong said on Aug 27 that Singapore cannot assume economic growth will create the same number of jobs as artificial intelligence transforms work, warning that some existin…
The US government is investigating Singapore-based Apex Logistics for allegedly smuggling Nvidia AI chips to China, potentially marking the first action against a transportation company for participat…
Wall Street's main indexes opened lower on Wednesday (Aug 26) after hotter-than-expected inflation data reinforced bets on another quarter-point Federal Reserve rate hike this year, with investors awa…
China's Moonshot AI is in early-stage talks with Microsoft, Amazon, and Alphabet's Google to host its Kimi K3 model under revenue-sharing agreements, seeking up to 30% of generated revenue, according …
Nearly 45% of 100 energy sector professionals polled across South-east Asia cited increased pressure on energy supply and infrastructure as the biggest impact of data centre growth on Singapore's ener…
Singapore's parliamentary debate in May addressed the need to avoid 'jobless growth' as AI adoption accelerates, with Minister Ng Chee Meng emphasizing that AI's impact on workers cannot be left entir…
Rogo Technologies, a New York-based AI startup valued at US$2 billion, is making Singapore the hub of its Asia-Pacific expansion and plans to hire 150 to 200 staff in the region by the end of 2027. Th…
Fintech firms in Singapore, including Airwallex and Revolut, are expanding their workforces due to AI-driven growth. Airwallex plans to increase its Singapore headcount by over 70% year on year to nea…
Alibaba Group co-founder Jack Ma bought more than HK$600 million (US$76.5 million) worth of Alibaba shares in recent days to show support for the company's AI ambitions, a person familiar with the mat…
Private banks must pivot from distributing information to delivering specialist judgment and frictionless execution as AI commoditizes market data, according to Bank of Singapore, where about 80% of c…
Index-tracking funds are facing unprecedented concentration risk due to enthusiasm over AI-related stocks, according to a report. The first index fund, launched by Vanguard in 1976, raised just US$11 …
Wall Street's main indexes closed higher on Tuesday, with the Dow Jones Industrial Average rising 160.24 points (0.30%) to 53,577.40, the S&P 500 gaining 24.38 points (0.32%) to 7,677.24, and the Nasd…
Apple Inc. unveiled upgraded Mac mini and Mac Studio desktop computers with major processor upgrades, starting at US$899 and US$2,499 respectively, available to preorder from Aug 25 and in stores Sept…