Tag:

artificial intelligence

China’s Lenovo Warns Memory Chip Shortage Will Last as AI Drives Strategy Shift

China's Lenovo reports 21% profit drop amid memory chip shortage, while AI industry adoption accelerates across Asia Pacific markets

Qatar Investment Authority Backs Anthropic’s Record $30B AI Funding Round

Qatar Investment Authority joins $30B funding round for AI company Anthropic, now valued at $380B with rapid revenue growth claims.

South Korea Launches $687M AI Chip Development Project

South Korea launches $687M project to develop AI semiconductors for autonomous vehicles and smart devices, involving Samsung and Hyundai.

Silicon Valley’s AGI Claims Under Fire as Marketing Stunt Epidemic Grips AI Industry

AI industry faces scrutiny over inflated claims about artificial general intelligence and singularity as marketing tactics become increasingly theatrical

Washington Post Cuts 300 Jobs as AI Washing Trend Spreads Across US Media

Washington Post cuts 300+ jobs citing AI efficiency while experts question whether companies are using artificial intelligence to mask profit-driven layoffs

Can AI Agents Transform Crypto Trading for Everyday Users?

Crypto.com CEO Kris Marszalek launches AI agent platform after record $70M domain purchase while NFT market collapses to pre-2021 levels.

UAE Financial Sector: SPDLab Hosts AI Adaptation Summit with BNY Mellon

SPDLab collaborated with BNY Mellon and Newton Investment Management on AI adaptation and regime change strategies for financial institutions in May 2024.

Asia’s Corporate Revolution Is Just Beginning

Asian corporations from Japan's TEPCO to India's podcast sector undergo major transformations, balancing geopolitical tensions with technological advancement and restructuring.