Business
TSMC dismisses Sam Altman’s US$7 trillion chip manufacturing proposal
TSMC rejects OpenAI CEO Sam Altman’s US$7 trillion plan to build chipmaking plants, raising concerns over its feasibility and financial risks.
Business
OpenAI’s new for-profit plan may include equity for Sam Altman
OpenAI could offer CEO Sam Altman an equity stake as it shifts towards a for-profit structure, raising concerns over balancing safety and profits.
Business
Blackpanda secures US$6.7M investment to boost cyber emergency response across Asia
Blackpanda secures US$6.7M investment led by Singtel Innov8 and Gaw Capital to enhance cyber emergency response services across Asia.
Business
Intel lands major client Amazon for custom AI chips, boosting foundry business
Intel secures Amazon Web Services as a major client for custom AI chips, boosting its foundry business and marking a big step in its…
Business
Osom Products, founded by former Essential staff, is closing down
Osom Products, founded by former Essential employees, is closing down. It cites financial difficulties and the inability to secure new investments.
Business
Apple and Nvidia are considering joining the OpenAI funding round
Apple and Nvidia are reportedly in talks to invest in OpenAI, joining Microsoft in a funding round that could value OpenAI at over US$100…
Business
ChatGPT sees rapid growth, doubling its weekly users in under a year
ChatGPT's weekly users have doubled to over 200 million in less than a year, with widespread use among Fortune 500 companies and new AI…
Business
Yelp takes Google to court over alleged antitrust violations
Yelp files an antitrust lawsuit against Google, alleging unfair local search practices that harm competition and degrade service quality.
Business
Google agrees to fund local news in California after a legislative standoff
After a dispute over proposed legislation, Google struck a deal with California lawmakers, agreeing to fund local news and AI innovation.
