Technology
Huawei agrees to a multi-year patent licensing deal with Qualcomm
China's Huawei Technologies said on Monday it had agreed a broad multi-year patent licence deal with Qualcomm covering artificial intelligence, 5G, computing and networking technologies.
Global Market: BOJ's Uchida warns AI boom could trigger market correction
Shinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financial landscape. He noted that escalating asset prices could trigger market corrections if anticipated AI returns fail to materialize. Uchida also suggested that robust demand for AI…
US Midterms: Five Issues Shaping The Vote
A Pew survey found economic issues easily topped voters' worries, while a September Emerson poll put the Iran war, jobs, tariffs, gas prices, immigration and AI regulation among the most important factors in voting decisions.
OpenAI's Sam Altman Says AI Benefits Warrant Accepting Some Risks
Sam Altman's remarks come amid a growing debate within the AI industry over the pace of development and the risks posed by increasingly capable systems.
LinkedIn cofounder Reid Hoffman wants Americans to stop 'hating' datacentres
Reid Hoffman argues that significant investments in AI infrastructure are crucial for the U.S. economy. He emphasizes that this spending supports various local jobs beyond the tech industry. Hoffman notes that the economic benefits extend to communities hosting data centers, which should collaborate with developers.…
Meta lets go Virtue AI founders 4 months after hiring them: Here’s what company said
Meta has parted ways with several employees from the acquired startup Virtue AI after only four months. Co-founders Bo Li, Dawn Song, and Sanmi Koyejo were among those let go due to workplace differences. This decision reflects ongoing challenges in enhancing AI safety and security within the company. The hiring aimed…
AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: Report
India's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intelligence-related deals could support growth over the medium term, Centrum said in a report.
BOJ says AI boom may have eased financial conditions, warns of market risks
Bank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting asset prices, but warned of the risk of a market pullback if expected profits fail to materialize.
Janhvi Kapoor calls her Chuttamalle AI video with NTR ‘assault’: ‘Reality of being a woman’
Nikkei jumps 2.5% above 70,000 to three-month high as AI stocks rally
Japan's Nikkei index experienced a remarkable rise of over 2% on Monday, breaking the 70,000 mark for the first time in three months. The surge was largely driven by chip manufacturers like Tokyo Electron and Advantest, while Kioxia's contribution fell short. The optimistic trend in Japanese stocks was fueled by Wall…
After warning AI may hurt everyone; Sam Altman says it should be broadly accessible
Sam Altman, the visionary CEO of OpenAI, asserts that the global community must embrace certain inherent risks tied to the evolution of AI technology. He posits that the benefits significantly overshadow the drawbacks, promoting the idea of AI being accessible to all. While he respects varied opinions from competitors…
White House AI task force will prevent 'overregulation': WSJ report
A White House task force on artificial intelligence will assess the technology's risks and opportunities, while preventing overregulation that stifles innovation, its leader Jay Clayton has told the Wall Street Journal. The task force's charter states that it will "develop plans for responding to SI-enabled threats to…