Australian AI firm Firmus has secured a $10 billion debt funding package led by Blackstone and Coatue. The money will support the next phase of Project Southgate to build AI training and inference data centres across Australia. Developed with CDC…
In an interview with Taiwanese television channel CTS that was broadcast late on Sunday, Taiwan Vice Premier Cheng Li-chiun said she had made it clear to Washington that Taiwan’s semiconductor ecosystem, built up over decades, could not be relocated.
Arguments are set to begin Monday in a landmark US trial that could establish a legal precedent on whether social media companies deliberately designed their platforms to lead to addiction in children.
China’s Montage Technology jumped more than 50% in its Hong Kong trading debut on Monday after the world’s biggest memory interconnect chip supplier raised HK$7.04 billion ($900 million) in a share sale to mainly fund research.
Abu Dhabi-based technology group G42, and a consortium comprising the FPT Corporation and the Viet Thai Group, have signed a deal to develop sovereign AI capabilities and cloud infrastructure across Vietnam, G42 said on Monday.
Citing examples, Vaishnaw noted that AI-based solutions could be offered to global shipping lines and retail companies through global capability centers (GCCs) in India, creating opportunities for Indian engineers. The Union Minister for Electronics and IT added that, due to…
Union Minister Ashwini Vaishnaw said domestic and foreign companies will now receive equal tax benefits for data centres, providing relief to local players. The clarification follows concerns over previous advantages for global cloud providers. He added that data centres are…
Union Minister Ashwini Vaishnaw said India and the US are finalising an interim trade framework that will boost access to GPUs and data centre equipment. This agreement is expected to create opportunities for startups, service providers, and the wider AI…
Ride-hailing apps such as Ola, Uber and Rapido faced sporadic disruption on Saturday as drivers staged a partial strike in several cities. The Telangana Gig and Platform Workers Union called the “breakdown” to protest rules and practices of app-based transport…
Tech stocks have swung sharply this year, with fears growing that huge AI investments may not turn profitable. Nasdaq has fallen despite brief rebounds, unsettling investors. Strong earnings from firms like Amazon, Alphabet and Microsoft failed to reassure markets amid…