AI boom

New Business

OpenAI to pay Amazon US$38 billion in 7-year cloud services deal

OpenAI has signed a seven-year, US$38 billion deal to buy cloud services from Amazon.com, in its first big push to…

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New Business

Hong Kong stocks mirror Wall Street drop as AI bubble fears grow on excessive valuations

Hong Kong stocks fell on Friday, tracking a pause in Wall Street’s rally, driven by growing investor concerns that the…

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New Business

Macroscope | Economies are left looking for safety as animal spirits run wild

The time has come to cease speculating over whether we are due for another stock market crash – it’s almost…

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Tech

Equinix to spend US$124 million on 6th Hong Kong data centre to serve Greater Bay Area

Equinix plans to spend US$124 million to build its sixth data centre in Hong Kong, expanding its storage capacity to…

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