Business
Tesla earnings day: What to expect from Musk, profits, and AI
Tesla’s earnings report is here, with investors eager for updates on profits, AI, and Musk’s self-driving ambitions. Will Tesla’s future plans impress?
Business
SoftBank set to invest US$500 million in SkildAI robotics startup
SoftBank is set to invest US$500M in robotics startup SkildAI, valuing it at US$4B. AI-powered robotics funding surges with major tech backing.
Business
Trump plans tariffs on imported chips ‘soon’
Trump plans tariffs on imported chips, semiconductors, and pharmaceuticals to boost US manufacturing without subsidies.
Business
Reid Hoffman and Siddhartha Mukherjee launch AI drug discovery startup with US$24.6M funding
Reid Hoffman and Siddhartha Mukherjee launch Manas AI, an AI drug discovery startup, raising $24.6M to target cancers with Microsoft's cloud tech.
Business
Former Intel CEO Pat Gelsinger embraces DeepSeek’s AI model for his startup, Gloo
DeepSeek’s open-source AI model, R1, impressed former Intel CEO Pat Gelsinger. It is reshaping the AI industry with affordability and innovation.
Business
Nvidia loses US$600 billion in market cap as Chinese AI startup DeepSeek rises
Nvidia loses US$600B after Chinese AI startup DeepSeek’s R1 model proves advanced AI is possible without high-end chips.
Business
Perplexity submits new bid to merge with TikTok
Perplexity AI proposes merging with TikTok, offering the U.S. government up to 50% ownership in a deal shaped by Trump administration demands.
Business
Meta to invest US$65 billion in AI infrastructure in 2025
Meta will invest US$65 billion in AI by 2025, building massive data centres and expanding AI teams to lead cutting-edge innovation.
Business
Bytedance explores alternatives to selling TikTok’s US operations
Bytedance explores non-sale options for TikTok's US operations as US-China talks continue, aiming to address national security concerns and maintain users.
