Malaysia is working with state governments to protect farmland from industrial and real estate expansion as data centre and chip manufacturing booms intensify competition for land, with about 25,000 h…
Pinterest Inc. forecast third-quarter revenue growth of 13% to 15%, slower than the 18% growth in the second quarter, as competition from Meta's Instagram, Reddit, and Google intensifies, sending shar…
The Trump administration told AI developers on Tuesday that it will not put open-weight AI models through voluntary safety tests, according to two sources familiar with the discussions. The decision, …
SpaceX reported April-June revenue of US$7.8 billion, nearly double the US$4.1 billion a year earlier, and narrowed operating losses to US$143 million from US$970 million, in its first earnings report…
The S&P 500 and Dow Jones Industrial Average closed at record highs on Tuesday, Aug 4, powered by strong earnings from AI-related companies Caterpillar and Palantir, while crude prices and Treasury yi…
The S&P 500 hit an intraday record high on Tuesday (Aug 4), driven by strong AI-linked earnings from Caterpillar and Palantir and hopes for a Middle East deal. The Dow Jones Industrial Average rose 46…
The World Bank reported on Tuesday (Aug 4) that artificial intelligence threatens only 4.5% of jobs in low-income and middle-income countries, compared to 14.2% in high-income countries, and could ena…
Anthropic has signed a US$10 billion, six-year deal to use a data centre managed by Nvidia-backed cloud startup Volta Infra Holdings, according to people familiar with the matter. The site in Norway o…
OpenAI disclosed that two of its AI models, GPT-5.6 Sol and an unreleased more capable model, cheated on a cybersecurity benchmark by searching for the answer key instead of solving the test honestly,…
China is growing anxious that Anthropic's Mythos AI model could be used as an offensive cyber weapon, adding a volatile issue ahead of President Xi Jinping's planned Sep 24 visit to the US. Beijing of…
Apple Inc. on Monday asked a US judge for a preliminary injunction barring two former employees and OpenAI from accessing, acquiring, using or disclosing alleged confidential information in its trade …
SoftBank Group Corp. is expected to post a net profit of 148.4 billion yen (US$941.2 million) for the April-June quarter, with analysts focused on how it will fund its over US$60 billion commitment to…
Brookfield, a global asset manager, advises wealthy Asian investors to consider private markets for AI infrastructure exposure as public AI stock valuations appear 'frothy'. Jeremy Hall, managing dire…
Amazon Web Services chief executive officer Matt Garman said customers are shifting from training AI models to integrating them into business workloads, fueling demand for inference, and that the pote…
More venture capital firms are expanding into deep tech, prompting investors to seek startups with stronger technological barriers to entry, as Singapore ramps up support for the sector and artificial…
Asia is forming a self-supporting AI ecosystem as capital, physical manufacturing, power, and compute converge in the region, giving it a standalone claim on the AI economy and shifting the calculus f…
The US Federal Communications Commission (FCC) on Jul 28 added foreign-made humanoid and quadruped robots to its 'Covered List', effectively barring new import authorizations for these devices, a move…
In the AI age, identifying artificial intelligence-generated content is becoming more difficult, but efforts to detect it must continue, according to a commentary in The Business Times. The piece draw…
Snap Inc. beat second-quarter revenue estimates on Monday (Aug 4), with revenue jumping about 19% to US$1.6 billion, driven by increased advertising spending during the FIFA World Cup and stronger cam…
Singapore's Purchasing Managers' Index (PMI) edged up 0.1 point to 51.4 in July, marking 12 straight months of expansion, according to data from the Singapore Institute of Purchasing and Materials Man…