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New Business

Microsoft abandons data centre projects in US and Europe, sparking oversupply fears

Microsoft has walked away from new data centre projects in the US and Europe that would have amounted to a…

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New Business

AMD CEO Lisa Su visits China, touting AI chip compatibility with DeepSeek, Alibaba models

AMD chips were compatible with DeepSeek’s AI models and Alibaba’s Qwen series, which had allowed the Chinese companies to develop…

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New Business

Amazon Web Services unveils Ocelot quantum computing chip after Google, Microsoft

Amazon.com’s cloud unit has built its first quantum-computing chip, joining a growing roster of technology companies showing off futuristic hardware.…

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New Business

Nvidia beats Wall Street expectations despite DeepSeek’s AI breakthrough

Nvidia’s strong growth forecast for the first quarter on Wednesday signalled that booming demand for its artificial intelligence (AI) chips…

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New Business

Invesco QQQ ETF slips in Hong Kong trading debut amid jitters around US tech giants

Invesco QQQ Trust, the world’s fifth-largest exchange-traded fund (ETF), which tracks US technology giants on Nasdaq, fell on the first…

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New Business

DeepSeek lowers cost of AI adoption for businesses across Southeast Asia: experts

DeepSeek’s advanced artificial intelligence (AI) models have lowered the cost of adopting the technology for Southeast Asia’s small and medium-sized…

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New Business

OpenAI set to finalise first custom chip design this year to cut reliance on Nvidia

OpenAI is pushing ahead on its plan to reduce its reliance on Nvidia for its chip supply by developing its…

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New Business

China’s DeepSeek gives Europe’s tech firms a way to catch up in global AI arms race

Hemanth Mandapati, boss of German start-up Novo AI, was an early adopter of DeepSeek technology when he switched to the…

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New Business

SoftBank, OpenAI tie up to develop AI for Japan as DeepSeek rises

SoftBank Group and OpenAI will create a joint venture to develop and sell artificial intelligence (AI) services to businesses across…

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New Business

Tech war: Huawei cloud unit powers DeepSeek models in China’s bid for AI autonomy

The cloud-computing unit of Huawei Technologies has worked overtime with a local company during the Lunar New Year holidays to…

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