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Meta Platforms to spend US$65 billion on AI infrastructure in 2025: Mark Zuckerberg

The company intends to use the funds to build a data centre “so large that it would cover a significant…

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New Business

US chipmaker Texas Instruments’ forecast signals semiconductor slump is persisting

US semiconductor giant Texas Instruments gave a disappointing earnings forecast for the current period, hurt by still-sluggish chip demand and…

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New Business

SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

South Korea’s SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence (AI) chipsets would double this…

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Beijing meeting puts spotlight on China’s new face of AI, DeepSeek founder Liang Wenfeng

Liang Wenfeng, 40, took part in the meeting where a select group of industry experts – in the fields of…

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Nvidia CEO’s whirlwind Taiwan tour: from Lunar New Year banquets to night market visits

Nvidia CEO Jensen Huang wrapped up a fast-paced 55-hour visit to Taiwan, which included engagements with top industry leaders and…

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Tech war: China creates US$8.2 billion AI investment fund amid tightened US trade controls

The new AI fund’s scope of business includes general equity investment and asset management, according to the registry service, which…

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Hong Kong stocks rise on positive talks between Trump and Xi

Hong Kong stocks jumped following a positive phone call between Chinese President Xi Jinping and US president-elect Donald Trump. The…

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What do AI, feng shui masters say about Hong Kong’s stock market in Year of the Snake?

Investors in Hong Kong are bracing for a Year of the Snake full of uncertainties and some market participants are…

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Nvidia CEO skips Trump’s inauguration for Lunar New Year Asia visit, source says

Nvidia CEO Jensen Huang is expected to miss the inauguration of US president-elect Donald Trump on January 20, bucking a…

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Chinese AI start-up MiniMax releases low-cost open-source models that rival top chatbots

Chinese artificial intelligence (AI) start-up MiniMax has launched a new series of open-source models, intensifying the competition among mainland technology…

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