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CoreWeave to buy Weights & Biases as it prepares for IPO
Mar 05,2025
CoreWeave, backed by Nvidia, announced on Tuesday that it is acquiring AI developer platform Weights & Biases as part of its efforts to expand its cloud platform ahead of its upcoming IPO. The deal will merge CoreWeave's infrastructure and manage...
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Trump pushes for end to $52 billion semiconductor subsidy
Mar 05,2025
Donald Trump has called for the repeal of the CHIPS and Science Act, a key piece of legislation passed in 2022 to support semiconductor manufacturing in the US. Trump criticised the law during a speech to Congress, describing it as a waste of hundred...
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China moves to promote RISC-V chip use nationwide
Mar 05,2025
,China is set to release new guidance aimed at promoting the use of open-source RISC-V chips nationwide, a move that signals the country's growing efforts to reduce its reliance on Western technology. The policy, which could be unveiled as early as t...
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Eutelsat shares surge on prospects of replacing Starlink
Mar 05,2025
Eutelsat shares surged by over 60% on Tuesday, continuing a remarkable rise that saw them increase by 68% the day before. This spike came after geopolitical tensions raised the possibility of OneWeb satellites, owned by the French satellite operator,...
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Taiwan to support TSMC's US expansion
Mar 04,2025
Taiwan has announced its support for TSMC's plans to invest in the US, while also ensuring that the most advanced semiconductor technology remains within the country. The statement, made by the presidential office on Tuesday, reassured that Taiwan wo...
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Amazon invests in AI to combat flooding in Aragon
Mar 04,2025
Amazon has announced plans to use AI to help reduce flood risks in Spain's northeastern region of Aragon, where it is building new data centres. As part of its$17.9 million investment, Amazon's cloud computing unit AWS will modernise infrastructure a...
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Singapore examines fraud case involving AI chip transfers
Mar 03,2025
Singapore's government is investigating a fraud case involving servers supplied by US companies, potentially containing Nvidia's advanced chips. Three men, including a Chinese national, were charged last week in connection with the alleged illegal tr...
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Honor to expand into AI-powered devices with $10 billion plan
Mar 03,2025
Chinese smartphone maker Honor plans to invest$10 billion over the next five years to develop AI for its devices as it prepares for a public listing. CEO James Li revealed at the Mobile World Congress in Barcelona that the company aims to expand beyo...
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Chinese startups seek fresh funding amid AI boom
Mar 01,2025
Chinese technology startups are scrambling for fresh funding to capitalise on the growing excitement around AI, fueled by DeepSeek's AI breakthrough and President Xi Jinping's recent support for private enterprises. Companies such as AI-powered optic...
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Singapore investigates alleged Nvidia chip smuggling
Mar 01,2025
Three men have been charged with fraud in Singapore as part of an investigation that may be linked to the illegal transfer of advanced Nvidia chips to the Chinese AI company, DeepSeek. The United States is also probing whether DeepSeek used US-made c...
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Japan's AI robot AIREC aims to address caregiver shortage
Mar 01,2025
In Tokyo, a groundbreaking demonstration of an AI-driven humanoid robot named AIREC showcased its potential in elderly care. The 150-kg (330 lb) robot, designed to assist with tasks such as changing diapers and preventing bedsores, gently moved a man...
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Taiwan sets rules for TSMC's overseas ventures
Feb 28,2025
Taiwan's Economy Minister Kuo Jyh-huei announced on Thursday that Taiwan Semiconductor Manufacturing Co. (TSMC) would require government approval for any overseas joint ventures, although there are no restrictions on manufacturing advanced chips abro...
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