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Stellantis expands AI partnership with Mistral
Feb 09,2025
Stellantis, the world's fourth-largest carmaker, has announced an expanded partnership with French AI firm Mistral. The move aims to accelerate the company's ability to analyse industry data, improving decision-making speed. The integration of AI is ...
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OpenAI's Stargate project eyes US data centre locations
Feb 09,2025
OpenAI announced on Thursday that it is evaluating US states as potential locations for data centres supporting its ambitious Stargate project, which aims to secure the US's lead in the global AI race. The project is seen as crucial for ensuring that...
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Sberbank to collaborate with China on AI projects
Feb 07,2025
Sberbank, Russia's largest bank, has announced plans to collaborate with Chinese researchers on AI projects. The move comes as China's DeepSeek has disrupted the global tech industry with its low-cost AI models, challenging US rivals like Nvidia. Sbe...
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Trump's tariff move to hit Shein harder than Temu
Feb 07,2025
The Trump administration's move to end tariff-free low-cost imports into the US is expected to impact fast fashion retailer Shein more severely than online dollar-store competitor Temu. Both companies have heavily benefited from the 'de minimis' rule...
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Google targets commercial quantum computing within five years
Feb 07,2025
Google plans to introduce real-world quantum computing applications within five years, according to its head of quantum research, Hartmut Neven. The company's prediction challenges Nvidia CEO Jensen Huang's estimate that practical quantum computing r...
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Workday lays off 8.5% of staff as it shifts focus to AI
Feb 07,2025
Workday has announced plans to cut around 1,750 jobs, or 8.5% of its workforce, as it shifts focus towards AI and international expansion. CEO Carl Eschenbach said the layoffs would help prioritise investments in AI while also freeing up resources to...
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Thailand pushes for semiconductor growth amid trade tensions
Feb 07,2025
Thailand plans to draft a strategic plan for its semiconductor sector within 90 days, aiming to attract new investments amid the growing trade tensions between the US and China. The country's national semiconductor board will engage a consultancy to ...
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DeepSeek sparks AI investment surge in China
Feb 07,2025
Chinese investors are flocking to AI-related stocks, betting that the success of home-grown startup DeepSeek will propel China to the forefront of the AI race amid the escalating Sino-US technology conflict. DeepSeek's breakthrough in developing a co...
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Chinese firms embrace DeepSeek AI Models
Feb 06,2025
Chinese companies are increasingly backing DeepSeek's AI, marking a pivotal moment for the industry. Firms like Moore Threads and Hygon Information Technology are enabling their computing clusters to support DeepSeek's R1 and V3 models, which use dom...
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OpenAI expands ChatGPT into education with California university deal
Feb 06,2025
OpenAI is set to introduce an education-focused version of its chatbot to around 500,000 students and faculty at California State University. The rollout, covering 23 campuses, aims to provide personalised tutoring for students and administrative sup...
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Altman explores AI partnerships with India's IT Minister
Feb 06,2025
OpenAI CEO Sam Altman met with India's IT Minister Ashwini Vaishnaw on Wednesday to discuss India's vision of developing a low-cost AI ecosystem. Vaishnaw shared on X that the meeting centred on India's strategy to build a comprehensive AI stack, inc...
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AI revolution raises questions at Almaty Forum
Feb 06,2025
At the annual Almaty Digital Forum, experts highlighted the growing importance of preparing for the AI revolution sparked by the sudden rise of the Chinese AI company DeepSeek. The company's appearance at the forum raised questions about the future o...
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