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News
German broker Scalable opens investment platform to major AI chatbots
5+ hour, 24+ min ago (253+ words) A keyboard is seen reflected on a computer screen displaying the website of ChatGPT, an AI chatbot from OpenAI, in this illustration picture taken February 8, 2023. REUTERS/Florence Lo/Illustration FRANKFURT, Aug 25: The German broker Scalable Capital on Tuesday said its…...
Stocks stagger and oil rises as traders eye Iran threat, Nvidia results
5+ hour, 12+ min ago (245+ words) HONG KONG: Asian stocks fluctuated on Tuesday (Aug 25) while oil edged up as investors assess a US plan for the "economic asphyxiation" of Iran, while tech firms struggled following another down day on Wall Street and ahead o...
Commentary: What retail investors need to know before jumping into Anthropic’s IPO
10+ hour, 33+ min ago (871+ words) There are many business risks for the maker of Claude, so don’t rush in, says Simon Edelsten for the Financial Times. LONDON: You wait years for a record-breaking initial public offering (IPO) and then two look to be turning up…...
'Just plain insulting': Sellers on Shopee and TikTok call out auto-generated AI ads that mislead customers
10+ hour, 31+ min ago (1528+ words) In one AI-generated video on Shopee, a book by a local author, which deals with themes such as emotional and verbal abuse, was described as a "fun" story. Screengrabs from AI-generated videos on Shopee (left) and TikTok (right). Some sellers…...
Nvidia worker among 9 charged in Taiwan chip smuggling case
21+ hour, 38+ min ago (306+ words) The Nvidia logo. (Image: Reuters/Dado Ruvic) TAIPEI: Nine people in Taiwan, including an Nvidia worker, were charged on Monday (Aug 24) over the illegal export of artificial intelligence servers to China, Taiwanese prosecutors said. The indictments follow an investigation into…...
SUSS drops AI detector as more Singapore universities question reliability of such tools
22+ hour ago (839+ words) NUS, SUTD and SIT do not use automated AI detectors, while SMU says such tools are only one input when investigating possible misconduct. The university said in response to CNA queries that it recognises the limitations of AI detection scores,…...
Nvidia discusses Perplexity investment at $30 billion-plus valuation, The Information reports - CNA
1+ day, 5+ hour ago (222+ words) Aug 23: Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than $30 billion, The Information reported on Sunday, citing people with knowledge of the discussion. The funding…...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI
1+ day, 6+ hour ago (273+ words) SHANGHAI, Aug 24: The Hong Kong-listed shares of Alibaba slumped on Monday after the Chinese e-commerce and cloud computing company launched a $10.2 billion share placement, as investors worried about payback from its massive AI spending. Alibaba said on Sunday its HK…...
Alibaba shares fall 8% after $10 billion Hong Kong share sale
1+ day, 6+ hour ago (236+ words) Aug 24: Alibaba shares fell 8 per cent in early Hong Kong trade on Monday after the tech company finalised a HK$80 billion ($10.21 billion) share placement at HK$112.70 apiece, in a deal aimed at funding artificial intelligence-related development. The Chinese e-commerce and…...
Alibaba set to open down 8% in Hong Kong after $10.2 billion share placement plan
1+ day, 6+ hour ago (171+ words) CNA Alibaba set to open down 8% in Hong Kong after $10.2 billion share placement plan SHANGHAI, Aug 24: Hong Kong-listed shares of Alibaba are set to open 8 per cent lower on Monday after the Chinese e-commerce and cloud computing giant launched a…...