Tag:
artificial intelligence
Stocks
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
Stocks
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.
Asia Pacific
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.
Americas
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
Economy
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
Altcoins
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.
Economy Middle East
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.
Economy
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.