Tag: Artificial intelligence
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Asian stock rout deepens on AI worries ahead of tech earnings
SINGAPORE: Asian stocks slid on Wednesday (Jul 29) extending a brutal selloff as anxiety about AI valuations, rising competition and spending rocked markets ahead of crucial earnings from big tech firms and a US Federal Reserve policy decision.Oil prices jumped after
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AI industry slowdown may be needed after security scare, leaders warn
NEW YORK: Over 1,000 employees at cutting-edge artificial intelligence companies, including Anthropic CEO Dario Amodei, signed a petition on Tuesday (Jul 28) calling on the United States government to help slow down the release of the most advanced AI models.The petition, titled “Pacing the Frontier”, request
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Commentary: Panic over Moonshot’s Kimi K3 is a sputnik moment for ‘open’ AI
As reports began swirling that the US was considering a crackdown on Chinese AI models, Silicon Valley revolted. This marks a significant shift, says Catherine Thorbecke for Bloomberg Opinion.
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MAS reports net profit of S$20 billion driven by strong investment gains
The central bank’s managing director said global financial conditions have been benign so far, but a “major uncertainty” is the sustainability of the artificial intelligence investment boom.
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MAS flags major AI, quantum computing risks to financial institutions; forms task force to prepare defences
The central bank will also issue a set of “supervisory expectations” for quantum resilience later this year.
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HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub
HONG KONG: HSBC will hire more than 100 artificial intelligence specialists and 100 wealth managers in Singapore, deepening investment in two areas central to the bank’s Asian growth strategy as it expands higher-fee businesses and accelerates AI adoption.The announcement comes as HSBC moves to launch a new A
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Commentary: Why workers are nostalgic for life before AI
Many white-collar professionals worry about the tech inhibiting creativity and making errors, says this writer for the Financial Times.
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Beijing says US firms train AI models on Chinese examples
“It is understood that many American artificial intelligence enterprises have distilled Chinese models during their research, development and training processes,” says the Chinese commerce ministry.
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Singapore economy to stay firm for rest of 2026 as AI boom cushions oil shocks, new US tariff: MAS
Singapore’s tech sector continued to grow faster than usual and is expected to drive most of the country’s economic growth this year.
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The faces behind China’s AI rise: Meet the founders of DeepSeek, Z.ai and Moonshot AI
As China emerges as a key competitor in the global AI race, CNA takes a look at the figures leading its top companies.
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