News

14 hours ago3 min read

Ireland's Data Centres Struggle to Keep Up with AI Demand

Dozens of colossal data centers on the outskirts of Dublin are now consuming more electricity than all urban homes in Ireland,

2 days ago2 min read

China's GenAI Sector Experiences Funding Surge Amid Decrease in Deals

Chinese GenAI sector witnesses a surge in funding but a decrease in deals this year.

3 days ago2 min read

US Finalises US$406 Million Chips Subsidy for Taiwan's GlobalWafers

The U.S. Commerce Department finalizes a $406 million grant for GlobalWafers to boost silicon wafer production in the U.S. GlobalWafers

4 days ago2 min read

Xiaohongshu's Rise in E-commerce Sales Signals a Shift in China's Market

Xiaohongshu, a Chinese social media platform similar to Instagram, is gaining traction in e-commerce sales. Influencers on Xiaohongshu

5 days ago2 min read

TikTok Shop Surpasses Shein and Sephora in Online Shopping Trends Among US Consumers

TikTok Shop surpasses Shein and Sephora in US online shopping trends. Consumer trends report reveals TikTok's growing influence among

Dec 131 min read

Nvidia Boosts Hiring Efforts in China for AI-Driven Cars

Nvidia has expanded its team in China by hiring 200 employees this year. The company now has close to 600 staff members in Beijing.

Dec 122 min read

Russia Joins Forces with BRICS to Form AI Alliance, Putin Announces

Russia collaborates with BRICS and other countries to form the AI Alliance Network. Western sanctions pose challenges to Russia's AI

Dec 121 min read

Google Invests $800 Million in Clean Energy Developer to Power Data Centres and Support US Grid Sustainability

Google partners with Intersect Power and investors to invest over $800 million in clean energy development. Data centres to be integrated

Dec 102 min read

China Launches Antitrust Probe Against Nvidia, Heightening US Chip Tensions

China launches antitrust probe into Nvidia over suspected violations of anti-monopoly laws. Nvidia faces scrutiny for alleged breaches relat

Dec 92 min read

US Consumers Flock to TikTok Shop Amid Threat of Ban

U.S. TikTok users are actively shopping on TikTok Shop this holiday season, with sales reaching $100 million on Black Friday. The threat

Dec 62 min read

Nvidia to Collaborate with Vietnamese Government to Establish AI Research and Data Centres

Nvidia partners with Vietnamese government to establish AI research and data centres. Acquisition of VinBrain underscores Nvidia's strategic

Dec 52 min read

Salesforce Shares Reach Record High on Exciting AI Innovations

Salesforce shares surged by 11% to a record high following strong quarterly sales and positive outlook on AI products.

Dec 42 min read

China Bans Export of Critical Minerals to US Amid Escalating Trade Tensions

China imposes ban on critical mineral exports to the US. US evaluates response to China's export restrictions. Concerns rise over impact on

Dec 32 min read

US Imposes New Restrictions on China's Semiconductor Industry, Impacting Toolmakers

US imposes new export restrictions on China's semiconductor industry, targeting 140 companies. Restrictions impact Chinese chip toolmakers

Dec 33 min read

Strict EU Data Regulation Minor Hurdles For Fintech: Italian Ambassador to Singapore, Dante Brandi

The European Union's General Data Protection Regulation (GDPR), known for its strict data privacy rules, has sparked much debate

Nov 291 min read

German Government Plans Billions of Euros in New Chip Subsidies, Bloomberg News Reports

The German government plans to invest billions of euros in the semiconductor industry. Subsidies are expected to be around 2 billion euros,

Nov 282 min read

HP and Dell's Weak Forecasts Cause Share Decline, Raising Concerns About PC Market Recovery

Dell and HP shares decline following weak forecasts, casting doubt on PC market recovery. Traditional PC demand weakens post-pandemic boom,

Nov 271 min read

Japan Competition Authorities Conduct Raid on Amazon Japan

Japan's Fair Trade Commission conducts on-site inspection at Amazon Japan over alleged anti-monopoly law violations. Concerns raised about

Nov 262 min read

Chery Makes History as First Chinese Automaker to Produce Cars in Europe

Chery Auto partners with EV Motors to inaugurate its first joint manufacturing plant in Barcelona, Spain. The Ebro S700 SUV becomes the

Nov 262 min read

Nvidia Engages with Chinese Trade Negotiator Amid Impending US Chip Sanctions

Beijing's top trade negotiator met with Nvidia's executive ahead of anticipated US chip sanctions on China. Nvidia reiterated its commitment