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Meta Accelerates AI Strategy, Transfers Top Engineers to New Unit
Meta is reassigning top software engineers from across the company into a new AI engineering organisation. This unit, created recently, is part of a broader reorganisation of the workforce.
Apr 10


OpenAI Pauses UK Data Centre Project Amid Regulatory Concerns, High Costs
ChatGPT-maker OpenAI is pausing its main data centre project in Britain over an unfavourable regulatory environment and high energy costs. This decision deals a blow to the UK government's push to position the country as a global artificial intelligence hub. Credit: UNSPLASH Microsoft-backed OpenAI, a leading player following the widespread adoption of ChatGPT, stated on Thursday it would proceed with the data centre once conditions supported sustained, long-term investment.
Apr 10


Anthropic Explores In-House AI Chip Design
Artificial intelligence lab Anthropic is exploring the design of its own artificial intelligence chips, according to three sources. This move responds to a shortage of AI chips needed to power and develop more advanced AI systems.
Apr 10


Japanese Pen With Live Parasitic Worms Goes Viral
A Japanese ballpoint pen containing live parasitic worms is circulating widely on social media, drawing significant online attention. The unique design, featuring Anisakis parasites, has resurfaced in videos, sparking renewed public discussion.
Apr 9


Alibaba Establishes CEO-Led Technology Committee Amid AI Push
Chinese e-commerce and AI company Alibaba Group Holding has established a high-level technology committee led by CEO Eddie Wu Yongming. This move is part of a broader restructuring aimed at sharpening its focus on artificial intelligence as competition intensifies.
Apr 9


OpenAI Plans IPO Share Allocation for Retail Investors
OpenAI intends to reserve a portion of its initial public offering shares for individual investors, Chief Financial Officer Sarah Friar told CNBC. The ChatGPT creator saw "really strong demand" from individuals during its latest funding round. The artificial intelligence organisation is preparing for a highly anticipated U.S. stock market listing. It could be valued at up to USD 1 trillion, with a potential filing with securities regulators in the second half of 2026, Reuters
Apr 9


Grab Leverages AI to Combat Rising Fuel Costs, Drive Growth
Grab, Southeast Asia's leading ride-hailing and delivery organisation, is banking on artificial intelligence-led products and services to foster growth and overcome challenges such as affordability and increasing fuel costs in the wake of the war in Iran. CEO Anthony Tan stated the Singapore-based company believes strongly in its AI strategy, which is already yielding positive results. Credit: UNSPLASH Tan confirmed the fuel cost situation is a real concern for everyone, emph
Apr 9


Meta Unveils Muse Spark AI Model, Superintelligence Team's First Release
Meta Platforms has unveiled Muse Spark, its initial artificial intelligence (AI) model developed by a newly assembled "superintelligence" team. Shares of the company extended gains, trading up nearly 7% following the announcement. This new model represents Meta's efforts to compete with rivals in the AI sector.
Apr 9


Samsung Forecasts Eightfold Profit Surge Driven by AI Chip Demand
Samsung Electronics projected its first-quarter earnings would surpass its entire profit from last year, exceeding expectations due to soaring demand for artificial intelligence infrastructure. This strong demand has strained supply and pushed chip prices higher.
Apr 8


China Pioneers Offshore Wind-Powered Underwater Data Centres
Shanghai has launched an underwater data centre (UDC) directly linked to an offshore wind farm, a global first. This pioneering facility aims to meet soaring demand for artificial intelligence (AI) computing power. Credit: UNSPLASH The UDC is located 10 kilometres off Shanghai’s eastern coast, 10 metres beneath the water. Shanghai HiCloud Technology, a subsidiary of Highlander, built the facility within Shanghai’s Lingang Special Area. This project, which represents a total i
Apr 8


Apple Foldable iPhone Faces Engineering Setbacks, Potential Delays
Apple's first foldable iPhone is reportedly encountering setbacks during its engineering test phase, which could delay its mass production and product shipment schedule. Nikkei Asia reported these issues, citing sources familiar with the matter.
Apr 8


China Tightens Scrutiny on Offshore IPOs for Tech, Biotech Companies
Chinese regulators are adopting a stricter approach to companies seeking listings via offshore incorporated vehicles, impacting tech and biotech initial public offering (IPO) candidates and USD-denominated funds. This move by the China Securities Regulatory Commission (CSRC) aims to discourage the establishment of "red-chip-structured" companies in sensitive industries.
Apr 7
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