Tag: fast
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Exclusive-Anthropic warns AI may pose ‘existential risks to humanity’ in IPO filing
Sept 28 : Anthropic plans to caution potential investors in its IPO that advanced AI could pose “catastrophic or existential risks to humanity,” an extraordinary warning by a company seeking to profit from the same technology.The company’s IPO prospectus, reviewed by Reuters, highlights risks associated with
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Oil prices rise for second session on continued Middle East supply concern
Sept 29 : Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by US-Iran conflict outweighed signs of recovering crude exports from the region.Brent crude futures had risen 63 cents, or 0.6 per cent, to $105.91 a barrel by 0002 GMT w
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Australia’s CSL taps Amazon’s cloud unit to boost research pipeline
Sept 29 : Australian biotechnology firm CSL said on Tuesday it is collaborating with Amazon’s cloud arm to harness AI and cloud technology across its research and clinical development pipeline.Here are some more details:• The partnership with Amazon Web Services (AWS) will enable CSL’s scientists to
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Samsung Electronics says HBM to account for nearly 30% of industry DRAM capacity next year
SEOUL, Sept 29 : A Samsung Electronics executive said on Tuesday that high-bandwidth memory (HBM) is expected to account for nearly 30 per cent of Dynamic Random-Access Memory (DRAM) chipmakers’ total wafer capacity next year, up from about 20 per cent currently. Samsung Electronics Executive Vice President K
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South Korean exports seen rising for 16th month on solid AI chip demand: Reuters poll
SEOUL, Sept 29 : South Korean exports likely rose for a 16th consecutive month in September on solid chip demand tied to AI investments, a Reuters poll showed on Tuesday, though growth was seen moderating due to fewer working days compared with a year earlier.Exports from Asia’s fourth-largest economy, a bell
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AMD to buy Fei-Fei Li’s World Labs in $8.2 billion bet on ‘physical AI’
Sept 28 : Advanced Micro Devices said on Monday it would acquire Fei-Fei Li’s AI startup, World Labs, in an all-stock deal valued at $8.2 billion, a move that would give the chipmaker a foothold in research on physical AI systems that can understand and simulate the world.The acquisition gives AMD access to r
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Meta taps Australia’s Firmus for AI computing capacity in Southeast Asia
Sept 29 : Australia’s Firmus said on Tuesday it had signed AI infrastructure agreements with Facebook parent Meta Platforms for graphics processing unit compute capacity at its data centre facilities in Southeast Asia.Here are some more details:• Under the deal, Firmus will provide contracted capacit
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Exclusive-Anthropic’s IPO prospectus shows sweeping AI vision, surging costs
Sept 28 : Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and pl
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Australia’s Megaport wins $687 million AI infrastructure deals, raises 2027 earnings forecast
Sept 29 : Australian IT firm Megaport said on Tuesday that it signed three new AI Infrastructure contracts with a combined value of A$978.6 million ($686.78 million) and upgraded its earnings forecast for 2027.Here are some more details:• The three contracts, all with unnamed customers, include GPU a
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Singapore gears up for F1 Singapore Grand Prix 2026 with after-parties and race weekend brunches
Singapore is shifting into high gear for the 2026 F1 weekend. Whether you’re heading to a glamorous party or going from brunch to after-hours, these are the venues worth checking out.
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