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SHOCKING: 16 - You Need To See This

Thailand bets big on AI despite talent shortage

Thailand is emerging as Asia's most ambitious artificial intelligence (AI) market, with local enterprises planning the region's largest increase in AI investment despite an acute shortage of skilled talent, according to a survey by Alibaba Cloud.

Bangkok Post

Amazon’s AI Story Is Bigger Than You Think. Here Are 3 Reasons Why.

Artificial intelligence is driving growth in more than one corner of Amazon's sprawling business.

Barchart

'Unrealistic' rules for AI data centres spark warning

Investors could be deterred from investing in new AI data centres in Australia if national guidelines under negotiation are too strict, the coalition warns.

AAP

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Why AI wants you to buy more – and mindfulness could help you buy less

You search online for a pair of trainers. Minutes later, similar shoes appear on social media feeds. A shopping site offers a limited-time discount and suggests a matching jacket. This is no longer just an advert shown to millions of people. Increasingly, artificial intelligence is helping decide not only what…

The Conversation

Shopify shares soar 18% as AI push helps revenue beat estimates

Shopify's stock soared following the release of strong second-quarter financial results. The e-commerce giant outperformed analyst projections in terms of revenue and gross merchandise volume, mitigating concerns about the effects of artificial intelligence on service demand.

The Economic Times

EXCLUSIVE: The Memory Bottleneck Is Set To Persist Until 2028, Expert Says

The artificial intelligence boom has created a strange problem for the memory industry. While companies build more capacity — Samsung Electronics Co. Ltd. (OTC:SSNLF), SK Hynix Inc. (NASDAQ:SKHY) and Micron Technology Inc. (NASDAQ:MU) are all expanding production — the supply relief investors are waiting for may still be almost two…

Benzinga

JPMorgan CEO Jamie Dimon Is Quietly Rallying CEOs to Prepare for AI's Biggest Risks: Report

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon is reportedly urging corporate leaders to join a U.S.-focused industry group aimed at addressing AI-related risks as businesses rapidly adopt artificial intelligence.

Benzinga

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CoreWeave Powers Up: The Asia Infrastructure Grab

CoreWeave (NASDAQ: CRWV) is expanding into Indonesia with 360 megawatts of data center capacity while facing insider selling, a tight short float, and volatility ahead of its Aug. 11 earnings report.

MarketBeat

Former Tesla Board Member Says xAI Can 'Break In With the Big Boys' Anthropic, OpenAI and Google— but There’s a Catch

Former Tesla Inc. (NASDAQ:TSLA) board member Steve Westly said Elon Musk’s xAI could challenge Anthropic, OpenAI and Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, but warned that entering artificial intelligence’s top tier will demand heavy spending and execution.

Benzinga

India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: Govt

Since 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in artificial intelligence and high-performance computing sectors. The government is also prioritising renewable energy initiatives and efficient resource management, implementing new regulations and codes that emphasize energy and water…

The Economic Times

'Stolen intellectual property': German court rules AI music generator Suno broke copyright rules

“This ruling sends a powerful international message: creativity has value, and creators’ rights must be respected in the age of artificial intelligence.”

Euronews

Elon Musk Ties Tesla's Optimus to Starlink's Next Growth Phase: 'The Appetite for Bandwidth Will Be Much Greater'

Elon Musk said on Tuesday that artificial intelligence (AI), humanoid robots and autonomous vehicles will dramatically increase demand for network bandwidth, arguing the world will need far more connectivity than ever before.

Benzinga

Europe's established tech firms emerge as unexpected AI winners

SAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from experimenting with artificial intelligence ‌to deploying it across their ⁠operations.

The Economic Times

AI before AI: The legacy of Norbert Wiener’s cybernetics (3/3)

British mathematician Norbert Wiener, who founded the field of cybernetics in the 1940s, may deserve a place alongside artificial intelligence founders Alan Turing and John von Neumann. FRANCE 24 revisits this overlooked visionary who was also one of the first to warn against the automation of society.

France 24

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The Economic Times

Book recommendations by Elon Musk: Looking for your next read that helps you think like world's richest man? SpaceX founder suggests these 5 books on innovation, science and success

Elon Musk draws inspiration from diverse books for his innovative ventures. Peter Thiel's "Zero to One" guides transformative company building strategies. Nick Bostrom's "Superintelligence" highlights artificial intelligence risks and safety concerns. Biographies of Albert Einstein and Benjamin Franklin offer insights into genius. Sam Harris's "Lying" advocates for radical honesty in…

The Economic Times

OpenAI’s Astra solves 10 longstanding math problems, igniting new debate

Apart from praise, the news, published on August 1, also kickstarted a debate on social media over whether the achievement is Fields medal-worthy — and what these honours mean in the artificial intelligence (AI) era. The Fields medal is awarded by the International Mathematical Union (IMU), and is often called…

Bangkok Post

Kaspersky sounds alarm on shadow AI corporate risk

Shadow artificial intelligence (AI) is emerging as one of the fastest-growing cybersecurity threats as employees increasingly use unauthorised generative AI tools outside the oversight of corporate IT departments, exposing sensitive corporate information to public AI models and expanding the attack surface for cybercriminals, according to cybersecurity firm Kaspersky.

Benzinga

Apollo: Private Markets' Next Growth Phase Just Beginning as AI, Retirement, Investment-Grade Credit Expand Market

Apollo Global Management (NYSE:APO) says the private markets industry is entering a new phase of growth that extends well beyond traditional private equity and direct lending, as demand for artificial intelligence infrastructure financing, investment-grade private credit and retirement products reshapes the sector.

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Barchart

JPMorgan Chase CEO Jamie Dimon Says AI 'Will Cure Cancers' — But How Should You Invest?

The typically bearish Dimon recently offered some wildly optimistic comments on the potential for artificial intelligence to solve one of the biggest healthcare quandaries in modern medicine.

MarketBeat

The AI Chip Blockade Is Creating a Shadow Market

US export controls have spurred a multi-billion-dollar AI chip gray market in Southeast Asia, with firms like Moonshot and Alibaba using proxy cloud access to secure NVIDIA-based compute.

Medical Daily

Federation of State Medical Boards Says Artificial Intelligence Is Not Ready to Be Licensed Like a Physician

FSMB leaders say AI should not be licensed as a separate practitioner, as bills in Idaho and Iowa and a Utah pilot push the question to states.

The Economic Times

SK Hynix rises 5% as brokerages launch coverage with bullish ratings

SK Hynix shares jumped five percent as brokerages began coverage with positive assessments, spurred by the company's strong position within the artificial intelligence memory sector. Although there was a recent dip, the U.S. listing enhances global investor accessibility. Despite reporting record quarterly profits, shipment delays caused a miss on analyst…

International Business Times

SpaceX Faces Its Biggest Test Since Going Public. Its First Earnings Report Could Reverse a $1 Trillion Stock Rout.

Shares closed Monday at $114.53, down 15% from the initial public offering price and nearly 49% below the record high of $225 reached just days after trading began.

The Economic Times

'Strategic autonomy' in AI crucial, avoid overdependence on single source: IT Secretary, S Krishnan

India must build domestic AI capabilities and avoid single-source dependence. Strategic autonomy is key for India's AI ecosystem development. Diversified and resilient global supply chains are essential for India's AI integration. The government is considering an artificial intelligence law and regulatory framework. Feedback is currently being gathered for potential AI…

International Business Times UK

'Enabling Predators to Target Children': Prince Harry, Meghan Markle Blast Elon Musk Over Grok Lawsuit

Prince Harry and Meghan Markle have heavily criticised Elon Musk over the Grok lawsuit, accusing his tech company of enabling predators and fighting state legislation designed to protect young people.

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